3717 DOWNER AVENUE, Sarasota, FL, 34240 | $1,189,000

Welcome to Cool Ranch – Your Private Paradise in Old Myakka

Just minutes from the Fruitville Road corridor, down scenic canopy roads and tucked away in serene privacy, you'll find Cool Ranch—a beautifully maintained 5+ acres gated estate in the heart of Old Myakka. Surrounded by majestic oak trees and peaceful pastures, this one-of-a-kind property offers the perfect blend of country charm, modern updates, and tranquil living.

This newly renovated three-bedroom, two-bathroom ranch-style home offers an open-concept layout with vaulted ceilings and plank flooring throughout. The bright, beautifully designed kitchen features a large center island with seating, double ovens, abundant cabinetry, pantry storage, and a reverse osmosis system—ideal for both cooking and entertaining. A whole-home water softener system adds extra convenience.

Slide open the glass doors to an expansive screened lanai and enjoy peaceful mornings with coffee while watching deer and wildlife just steps away. Whether you're entertaining guests or unwinding in solitude, this home was designed to bring the outdoors in and a lifestyle of comfort and connection with nature.

The spacious primary suite features scenic views of the pond and pastures, a large walk-in closet, and a spa-like en-suite bath. One of the guest rooms connects to a versatile bonus room with exterior access—ideal as a home office, gym, nursery, or fourth bedroom. Another guest room opens to a private hot tub area surrounded by a serene Zen garden, perfect for sunbathing, stargazing, or relaxing evenings with friends.

Additional features include:

Dedicated laundry room with exterior entry

Custom-built dog wash with hot/cold water

Outdoor “summer shower” for post-beach or post-workout refresh

Additional outdoor shower near the hot tub

Small vegetable garden with tomatoes and peppers

Also located on the property is a fully equipped guest cottage with a full-size kitchen—perfect for a mother-in-law suite, guest accommodations, or short-term rental income potential.

Equestrian lovers will feel right at home with:

Three fully fenced pastures ideal for riding, training, or grazing

A 75x30 barn with two 12x12 stalls (with space to add more)

A climate-controlled tack and feed room

Ample storage for farm equipment and gear

With TeraNova Equestrian Center just minutes away, you’ll have convenient access to top-tier competitions and events. The Sarasota Polo Club is also a short drive—perfect for weekend outings filled with picnics and polo matches.

Recent updates & location highlights include:

Brand new roof (March 2025) with a 20-year transferable warranty

7 minutes to Myakka State Park

9 minutes to TeraNova Equestrian Center

15 minutes to the Sarasota Polo Grounds

20 minutes to shopping, dining, and everyday essentials

15 minutes to I-75

18 miles to Sarasota-Bradenton International Airport

17 miles to the nearest beach

Whether you're seeking a peaceful retreat, an equestrian escape, or an ideal income-producing property, Cool Ranch offers the lifestyle you've been dreaming of—where modern comfort meets timeless country charm.

Features

  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Year Built: 1982
  • Heating: Central
  • Cooling: Central Air, Mini-Split Unit(s)
  • Approx Sq. Feet: 2,354
  • Acreage: 5.4
  • Est. Taxes: $4,948
  • Lot Desc: Cleared, Farm
  • Elem. School: Tatum Ridge Elementary
  • Middle School: McIntosh Middle
  • High School: Booker High
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Freezer, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Refrigerator, Water Softener
  • MLS#: A4650979
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /eprop/A4650979/3717downeravenue_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/9/2025 9:47:10 AM)
Listing courtesy of EXIT KING REALTY   Phone: 941-497-6060

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

3717 DOWNER AVENUE, Sarasota, FL, 34240

$1,189,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $951,200 $951,200 $951,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 6.625% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.811% 6.727% 6.560%
Monthly Tax Payment $412 $412 $412
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,703 $6,091 $8,221
Total Monthly Payment $6,240 $6,628 $8,758

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.