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2866 E Rainbow Cir, Sarasota, FL 34231

$649,000

Charming single-story home with mature landscaping and a welcoming entrance, located in a desirable neighborhood at 2866 E Rainbow Cir, Sarasota, FL 34231
  • Bedrooms

    4

  • Baths

    3

  • Sq. Feet

    2010

  • Year Built

    1977

  • Days On Market

    11

  • $/SqFt

    $323

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Home Description

**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!

  • 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
  • Private Pool: False
  • Water Feet: 0
  • 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 Room18x15FirstTile
Kitchen23.8x25FirstTile
StudioFirstTile
Balcony/Porch/LanaiFirst
LaundryFirst
Primary Bedroom12x17FirstBamboo,Ceramic Tile
Bedroom 213x11FirstBamboo
Bedroom 310x13FirstBamboo
  • 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
  • Senior Community: False
  • 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 $2,228,717 (243.4% more than this home).

This home is priced at $323/sqft, which is 108.1% 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 (727) 479-6413 and speak with one of our real estate consultants.

Listing Courtesy of MICHAEL SAUNDERS & COMPANY. For information or to schedule a viewing of this property (MLS# A4655606), call: 727-479-6413

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 7431 Dickens Dr in Sarasota is listed at $529,000. 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 6/28/2025.

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