$649,000
2866 E RAINBOW CIRCLE
SARASOTA, FL, 34231
**Spacious Serenity in the Heart of Sarasota!** Welcome to this enchanting .49-ACRE property where the possibilities are limitless! Choose between cultivating an active URBAN FARM or basking in a tranquil PRIVATE OASIS, all nestled at the peaceful END OF A DEAD-END STRET in FLOOD ZONE X. This exceptional 4-bedroom, 3-bath property features a main house with an attached 2-car garage and an INCOME-PRODUCING GUEST HOUSE, offering you the chance to create the lifestyle you’ve always desired on an OVERSIZED LOT! In a PRIME LOCATION that is within 10 MINUTES drive to CONVENIENCE STORES, GROCERY STORES, SHOPPING & world-famous SIESTA KEY beach. This lovely main home is highlighted by a NEW 2024 ROOF and a freshly PAINTED EXTERIOR. Step inside to find a thoughtfully designed OPEN FLOOR PLAN that centers around an inviting EAT-IN KITCHEN with gorgeous QUARTZ COUNTERTOPS and NEW SMART SAMSUNG APPLIANCES—yes, you can control them from an app on your phone, and they all come with warranties! The exhaust fan is new and TOUCHLESS. The kitchen flows into a spacious LIVING ROOM, perfect for lounging, and a GREAT ROOM with WOOD BURNING FIREPLACE with both spaces providing access to a lovely screened-in porch through pocketing sliding doors. The PRIMARY bedroom offers a private retreat with pocketing sliders leading to the screened-in porch, a newly tiled EN-SUITE BATH with standing shower, and a spacious WALK-IN CLOSET. The second and third bedrooms are generously sized, with one featuring a walk-in closet and the other boasting its own private exterior entrance. You’ll love the functional LAUNDRY ROOM that comes complete with a washer and dryer, plus ample built-in storage for all your organizational needs. aThe VERESATILE 2-CAR GARAGE has a door leading to the main yard and an exterior window. The DETACHED GUEST HOUSE, which serves as a fabulous fourth bedroom and third bathroom with a HISTORY OF RENTING FOR $1400/MONTH, allowing you to generate income from the comfort of home. It features a spacious covered patio that could serve as a carport and is equipped with a wardrobe, portable washing machine, full-size refrigerator, kitchenette, and an oversized bathroom with a standing shower, all filled with natural light. Nature lovers will rejoice as this property, previously an urban farm, thrives with NATIVE PLANTS GROWN WITHOUT PESTICIDES and boasts MATURE LANDSCAPING, including magnificent OAK TREES. Currently flourishing with vegetables, fruits, and a hive of 250,000 BESS that produce 42 pounds of HONEY annually, this property truly embodies the spirit of SUSTAINABLE LIVING! Whether you’re eager to cultivate your own urban farm, produce income, or enhance with more fencing for added PRIVACY, this incredibly large lot in a central location offers UNMATCHED FLEXIBILITY AND SERENITY IN THE HEART OF SARASOTA. With AMPLE ROOM TO ADD A POOL, outdoor kitchen, or even park your BOAT, RV, or other TOYS, this is your chance to own a slice of paradise in a NON-HOA COMMUNITY that fits all your needs. Don’t miss out—your urban retreat awaits!
Property Details
Price:
$649,000
MLS #:
A4655606
Status:
Active
Beds:
4
Baths:
3
Address:
2866 E RAINBOW CIRCLE
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
SARASOTA-VENICE CO SUB
Neighborhood:
34231 – Sarasota/Gulf Gate Branch
City:
SARASOTA
Listed Date:
Jun 18, 2025
State:
FL
Finished Sq Ft:
2,010
Total Sq Ft:
3,258
ZIP:
34231
Lot Size:
21,387 sqft / 0.49 acres (approx)
Year Built:
1977
Schools
Elementary School:
Wilkinson Elementary
Middle School:
Brookside Middle
High School:
Riverview High
Interior
Appliances
Built- In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Water Filtration System
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Bamboo, Ceramic Tile, Tile
Heating
Central, Electric
Laundry Features
Common Area, Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
Exterior
Architectural Style
Ranch
Community Features
None
Construction Materials
Block, Stucco, Wood Siding
Exterior Features
Garden, Private Mailbox, Rain Barrel/ Cistern(s), Rain Gutters, Sliding Doors
Other Structures
Guest House
Parking Features
Covered, Driveway, Garage Door Opener, Ground Level, Guest, Off Street, Open
Roof
Shingle
Security Features
Security Lights, Smoke Detector(s)
Financial
HOA Includes
None
Tax Year
2024
Taxes
$3,969
Mortgage Calculator
Map
Similar Listings Nearby
- 1622 WISCONSIN LANE
SARASOTA, FL$837,500
1.71 miles away
- 5351 MOELLER AVENUE
SARASOTA, FL$825,000
3.26 miles away
- 4452 MCINTOSH LAKE AVENUE
SARASOTA, FL$825,000
1.80 miles away
- 1663 4TH STREET
SARASOTA, FL$824,900
3.54 miles away
- 5571 ROCK DOVE DRIVE
SARASOTA, FL$824,000
4.94 miles away
- 5709 WILD SAGE CIRCLE
SARASOTA, FL$815,000
4.16 miles away
- 3658 TORREY PINES WAY
SARASOTA, FL$800,000
3.36 miles away
- 8725 AMARETTO AVENUE
SARASOTA, FL$799,900
2.94 miles away
- 2340 LINDSTROM STREET
SARASOTA, FL$799,000
2.70 miles away
- 7340 VILLA D ESTE DRIVE
SARASOTA, FL$799,000
4.16 miles away

2866 E RAINBOW CIRCLE
SARASOTA, FL
LIGHTBOX-IMAGES