2866 E Rainbow Cir, Sarasota, FL 34231
$649,000
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Home Description
Discover Your Dream Oasis in the Heart of Sarasota! This enchanting .49-acre property invites you to choose between an active urban farm or a tranquil private oasis, the possibilities are endless! Nestled at the peaceful end of a dead-end street in Flood Zone X, this 4-bedroom, 3-bath property, features a main house with an attached 2-car garage, and an established income-producing guest house: it is your canvas to create the lifestyle you have always wanted! The main home features a 2024 roof and a freshly painted exterior. Both the main and guest homes have been recently tented to ensure your peace of mind. The heart of the main home features a thoughtfully designed open floor plan, highlighting an inviting eat-in kitchen with quartz counter-tops, equipped with new smart Samsung appliances. Yes, you can control them from an app! All under warranty for your convenience! The kitchen is an open-concept to the spacious living room. Imagine entertaining in the spacious kitchen/living room or the fantastic great room, both boasting access to a lovely screened porch through pocketing sliding doors. Retreat to the primary bedroom, where you will find pocketing sliders that lead to the screened-in porch, a newly tiled en-suite bathroom with a standing shower, and a spacious walk-in closet. The second and third bedrooms are generously sized; one boasts a walk-in closet, while the other features its own private exterior entrance. The functional laundry room comes complete with washer & dryer, and ample built-in storage, ensuring you have all the space you need to stay organized. The 2 car garage has a door leading to the main yard, and an exterior window -- just add an a/c unit and you have now converted your garage into a gym! Don't forget about the detached guest house that serves as the fabulous 4th bedroom and 3rd bathroom, with a history of renting for $1,400/month! Produce income from the comfort of home. Outside of the guest house is a spacious covered patio that could be used as a carport. The inside is equipped with a wardrobe, a portable washing machine, a full-size refrigerator, a kitchenette, and an oversized bathroom with standing shower, filled with natural light. Nature Lovers Rejoice! Previously an urban farm, the property has thrived with native plants grown without pesticides. Reap the rewards of the mature landscaping, including magnificent oak trees! Currently flourishing with vegetables, fruits, and even supporting 3 happy chickens and a hive of 250,000 bees, producing 42 pounds of honey annually! Whether you're eager to cultivate your own urban farm or redesign the space with a privacy fence, this incredible lot delivers unmatched flexibility and serenity in Sarasota's heart. There is plenty of room to add a pool, outdoor kitchen, or even park your boat or RV. Don't miss this rare opportunity to own a slice of paradise in a non-HOA community: your urban retreat awaits!
- MLS #: A4655606
- Address: 2866 E Rainbow Cir
- Levels: One
- City: Sarasota
- Zip: 34231
- County: Sarasota
- Community Features: None
- Elementary School: Wilkinson Elementary
- Middle School: Brookside Middle
- High School: Riverview High
- Interior Features: Ceiling Fans(s),Eat-in Kitchen,Kitchen/Family Room Combo,Open Floorplan,Primary Bedroom Main Floor,Stone Counters,Thermostat,Walk-In Closet(s),Window Treatments
- 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
- Fireplace Desc: Family Room,Wood Burning
- Floor Covering: Bamboo,Ceramic Tile,Tile
- Great Room Features: Ceiling Fan(s),Desk Built-In
- Kitchen Features: Breakfast Bar,Cooking Island
- Balcony/Porch/Lanai Features: Ceiling Fan(s)
- Additional Rooms: Den/Library/Office,Family Room
- Architectural Style: Ranch
- Exterior Features: Garden,Private Mailbox,Rain Barrel/Cistern(s),Rain Gutters,Sliding Doors
- Exterior Contruction: Block,Stucco,Wood Siding
- Foundation: Slab
- Front Exposure: North
- Roof: Shingle
- Green Landscaping: Fl. Friendly/Native Landscape,Non Toxic Fertilizer/Pesticides,Rain Water Harvesting,Veg. (Productive) Garden
- Building Sqft: 3258
Available now at $649,000
Approximate Room Sizes / Descriptions
Great Room | 18x15 | First | Tile |
Kitchen | 23.8x25 | First | Tile |
Studio | | First | Tile |
Balcony/Porch/Lanai | | First | |
Laundry | | First | |
Primary Bedroom | 12x17 | First | Bamboo,Ceramic Tile |
Bedroom 2 | 13x11 | First | Bamboo |
Bedroom 3 | 10x13 | First | Bamboo |
- Attached Garage: True
- Garage: True
- Garage Spaces: 2
- Garage Feature: Covered,Driveway,Garage Door Opener,Ground Level,Guest,Off Street,Open
- Carport: False
- Carport Spaces: 0
- Air Conditioning: Central Air
- Heating: Central,Electric
- Utilities: BB/HS Internet Available,Cable Available,Cable Connected,Electricity Available,Electricity Connected,Fiber Optics,Phone Available,Public,Sewer Available,Sewer Connected,Water Available,Water Connected
- Lot Sqft: 21387.00
- Lot Dim: 221x103x110x13x111x91
- Lot Acres: 0.4900
- Total Acre: 1/4 to less than 1/2
- Lot Num: 7
- Style: Single Family Residence
- Property Desc: Out of M/H Community
- Location: Cul-De-Sac,Drainage Canal,Farm,In County,Irregular Lot,Near Public Transit,Oversized Lot,Pasture,Paved,Street Dead-End
- Disaster Mitigation: Above Flood Plain
- Maintenance Includes: None
- Building Num Floors: 1
- Pets Allowed: Cats OK,Dogs OK,Yes
- Pet Size: Extra Large (101+ Lbs.)
- Num Pets: 10+
- : 941-951-6660
Neighborhood
The average asking price of a 4 bedroom Sarasota home in this zip code is
$2,171,450 (234.6% more than this home).
This home is priced at $323/sqft,
which is 106.1% less than similar homes
in the 34231 zip code.
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Financial
- Approx Payment:$3,157*
- Taxes:$3,969
Area Stats
These statistics are updated daily from the My Florida Regional MLS. For further analysis or
to obtain statistics not shown below please call EasyStreet Realty at
(813) 335-0328 and speak with one of our real estate consultants.
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Listing Courtesy of MICHAEL SAUNDERS & COMPANY.
For information or to schedule a viewing of this property (MLS# A4655606), call: 813-335-0328
2866 E Rainbow Cir, Sarasota FL is a single family home of 2010 sqft and
is currently priced at $649,000
.
This single family home has 4 bedrooms.
A comparable home for sale at 2111 Outer Dr in Sarasota is listed at $350,000.
In addition to single family homes, EasyStreet also makes it easy to find Homes, Condos, New Homes and Foreclosures
in Sarasota, FL.
Flora Villa, Landings Treehouse and Shadow Lakes are nearby neighborhoods.
MLS A4655606 has been posted on this site since 6/18/2025 (today).
2025
6/19/2025.