2400 Lorraine Rd 9.93 Acres of Residential Land Offered at $4,700,000 in Sarasota, FL 34240

This rare 10± acre estate offers a unique blend of privacy, versatility, and prime Sarasota County location in the sought-after South Lakewood Ranch area. Completely reimagined through a full-scale renovation in 2022, the property features multiple structures designed for adaptable living, income production, and operational flexibility.
The main residence offers approximately 3,400 sq. ft. of updated living space, complemented by a secondary 700 sq. ft., 1-bedroom guest home, ideal for multi-generational living or rental purposes. Additional amenities include a 1,600 sq. ft. 10-stall barn, making this property immediately suited for equestrian pursuits or agricultural operations. Over six cleared acres provide ample room to extend its existing utility, creating opportunities for a private compound, event venue, or integrated live/work environment.
Zoned Open Use Rural (OUR), this estate boasts minimal restrictions and no HOA, delivering unmatched flexibility. Its location combines tranquil surroundings with easy access to Lakewood Ranch amenities, top-tier schools, Interstate 75, and the cultural attractions and Gulf Coast beaches of Sarasota. This property represents a rare acquisition for those seeking both lifestyle and value in one of Florida’s most dynamic growth corridors.