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Overview

3 bd3 ba1,944 sqft2 car garageSingle Family
TypeSingle Family
HOA$756/yr
Built1977
Lot217,887 sqft
Living area1,944 sqft
Price / sqft$772
Garage2 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Kitchen/Family Room ComboPrimary Bedroom Main FloorSolid Surface CountersSolid Wood CabinetsThermostatPrivate MailboxCooktopDishwasher

16031 Winburn Dr S is a 1977-built home in Rainbow Ranch Acres, Sarasota. Inside you'll find 3 bedrooms, 3 bathrooms, and 1,944 square feet of living space. Listed at $1,500,000 (about $772/sqft), 212 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $756 annually.

From the listing

Situated on 5 beautiful acres, this versatile Sarasota property offers the perfect combination of space, functionality, and country living while still being conveniently located. The property features a large barn/warehouse with soaring ceilings, easily accommodating RV parking and equipped with a car lift, making it ideal for hobbyists, car enthusiasts, contractors, or anyone needing significant workspace or storage. In addition to the main home, the property includes a separate 1-bedroom in-law suite complete with a full kitchen, bathroom, living room, and its own laundry, providing excellent flexibility for guests, extended family, or potential rental income. The main home is thoughtfully designed with the primary suite located on the ground floor, while additional bedrooms and a spacious upstairs playroom provide plenty of room for family and guests. The property is partially fenced and currently home to horses and cattle, and also includes a horse stall, making it well suited for equestrian or agricultural use. Additional features include a well system and owned solar panels, helping keep monthly utility costs low. With acreage, usable outbuildings, and a flexible layout, this property offers a rare opportunity to enjoy privacy, space, and functionality in Sarasota.

The essentials

Built
1977
Price / sqft
$772
On market
212 days
Annual tax
$3,233
HOA
$756/yr
Flood zone
X · Low risk
Lot
217,887 sqft
Type
Single Family Residence

At a glance

Single family
Built 1977
2 car garage
RV Garage
5.00 acres
Lot size
1,944 sqft
Living area

Payment

Est. monthly payment
$8,905/mo
Down payment (20%)
$300,000
Property taxes
$269/mo
HOA
$756/yr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1977
Lot
217,887 sqft
Cooling
Central Air
Heating
Central
Parking
RV Garage, Workshop in Garage
Days on Market
212
Kitchen/Family Room Combo
Primary Bedroom Main Floor
Solid Surface Counters
Solid Wood Cabinets
Thermostat
Private Mailbox
Cooktop
Dishwasher
Disposal
Dryer
Microwave
Refrigerator
Washer
Homestead exemption on file Flood Zone X
Annual Tax (2025)
$3,233
Parcel #
0551010440

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Rainbow Ranch Acres
County
Sarasota
MLS Area
34240 - Sarasota
Lot Size
217,887 sqft
Zoned for Horses
HOA
$756/yr
See HOA docs

Price history

Date
Event
Price
3/12/2026
Listed for sale
Source: Stellar MLS #A4685972
$1,500,000
$772/sqft

Neighborhood

16031 Winburn Dr S
Sarasota, FL, 34240 · 34240 - Sarasota

Market insights

Offer Insights

Choose an offer strength

List price: $1,500,000
$1.47M – $1.50M
98.2% – 100% of listTops out right at the list price
80% of listList price
114 of the last 227 home closings in 34240 landed at this number or higher (50%). The median one sat 24 days before it went under contract, and this one is on day 212.

Sample: 227 closed home sales in 34240 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$8,906/mo
Principal & interest$7,823
Property taxes$269
Insurance$750
HOA$63
Down payment20% · $300,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$1,500,000

$772 per sq ft

Beds and baths

3 beds, 3 baths

Size

1,944 sq ft

Time on market

212 days

Year built

1977

Monthly payment

About $8,905/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,233 annual tax bill, insurance, and the $756/yr HOA fee.

HOA fee

$756/yr

Managed by See HOA docs.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byHARRY ROBBINS ASSOC INCListing agent: Mitchell HelmuthListing data from Stellar MLS, MLS# A4685972.

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