Listing provided courtesy of ORLANDO PROPERTY ADVISORSas Distributed by MLSGrid- MLS# MFRO6352294MLS Provider

7340 PALOMINO TRAILSARASOTA, FL 34241

Single Family · 11 Beds · 9 Full Baths · 1 Half Bath · 15,311 Sq. ft. | 17.08 Acres
$6,950,000 Active

7340 PALOMINO TRAIL Overview

Time on Site:
232 days
Visits:
3

Welcome to The Palomino Estate — a private, 17-acre gated oasis unlike anything else in Sarasota County. Located just 10 miles from Siesta Key Beach and 15 miles to downtown Sarasota, this extraordinary property blends resort-style living with the peace and privacy of the countryside. Set within the equestrian community of Saddle Creek, where horse enthusiasts are welcome to use the 31 miles of riding trails, this multi-residence estate offers over 15,000 sq ft under air across multiple structures, including two custom homes, a 5,000 sq ft air-conditioned “barndominium” and entertainment pavilion, and multiple garages. Behind an eight-foot perimeter fence with dual gated entries, you’ll find lush tropical landscaping, privacy berms, and nature trails weaving through the property. You can stroll through the bamboo forest and reflection garden while enjoying multiple ponds for fishing or kayaking. A raised wooden boardwalk winds through the property offering biking and hiking adventures, while a lighted pickleball, tennis, and basketball court with gazebo creates endless opportunities for recreation. In the center of the compound, a massive stone firepit anchors the grounds for gatherings under the stars. There is plenty of space to have a garden or raise livestock.This expansive estate features two custom residences with pools, plus an entertainment barn constructed of solid block. The barn includes two bedrooms, two bathrooms, a full-saloon-style bar, kitchenette, gym, sauna, golf simulator, movie theater, game room, and outdoor kitchen, creating a space that feels like a private resort. A separate air-conditioned garage with 11-foot ceilings offers space for cars, boats, equipment, and more, while another detached garage adds even more covered parking and storage.Together with the barn, the two homes offer eleven bedrooms, nine and a half bathrooms, and over fifteen thousand square feet under air (more than twenty-two thousand total), making this property ideal for multi-generational living, entertaining, or use as a private retreat.Each structure is equipped with whole-home generators, water filtration systems, and impact windows and doors, along with modern security and digital gate entry panels.Recent improvements include new roofs on every structure in 2023, resurfaced pools with travertine and flagstone decking, composite decking and railings, landscape lighting, golf simulator and sauna installations in 2023, and freshly paved asphalt and concrete driveways, and fencing for pets.The main residence offers expansive living areas, soaring ceilings, a massive stone fireplace great room, multiple en-suite bedrooms, an in-law suite with its own kitchen, and relaxing poolside views. The guest residence has been completely renovated with high quality finishes and could serve as a primary home for your extended family. It features a bright open floor plan with gourmet kitchen and second story wrap-around deck for 360-degree nature views. This home also features a private resort-style outdoor area overlooking the lake. This estate was designed for comfort, recreation, and peace of mind, with every detail crafted for privacy and long-term enjoyment.Whether used as a private family compound, equestrian hideaway, or corporate retreat,The Palomino Estate represents a property that truly has it all—green space, activities, security, luxury, and serenity—all just minutes from Sarasota's world-famous beaches, dining, and shopping.

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7340 PALOMINO TRAIL Facts & Features

  • Type Single Family
  • Sq. ft. 15,311
  • Price/Sq.ft. $454
  • Lot 17.08 Acres

Details

General

Association/HOA

  • Association Fee: 1800
  • Association Fee Frequency: Annually
  • Association Fee Includes: Private Road
  • Association Name: Sunstate Association management- Lauren Wilson
  • Association: Yes

School Information

  • Elementary School: Lakeview Elementary
  • Middle Or Junior School: Sarasota Middle
  • High School: Riverview High

Building Information

  • New Construction: No
  • Year Built: 1981

Location/Region

  • Country: US
  • County Or Parish: Sarasota
  • MLS Area Major: 34241 - Sarasota
  • Subdivision Name: SADDLE CREEK
  • Township: 37

Community/Development

  • Community Features: Deed Restrictions,Gated Community - No Guard,Golf Carts OK,Horses Allowed,Street Lights

Tax Information

  • Tax Annual Amount: 22398
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional
  • Ownership: Fee Simple
  • Parcel Number: 0277010151
  • Pets Allowed: Yes
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None
  • Zoning: OUE

Interior

Parking Information

  • Garage Spaces: 10
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 9
  • Bathrooms Half: 1
  • Bathrooms Total: 10
  • Bedrooms Total: 11

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 22653
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Disposal,Dryer,Exhaust Fan,Range,Refrigerator,Washer
  • Cooling: Central Air,Mini-Split Unit(s),Zoned
  • Fireplace Features: Living Room,Outside,Stone,Wood Burning
  • Fireplace: Yes
  • Flooring: Luxury Vinyl,Tile
  • Foundation Details: Slab
  • Heating: Central,Electric
  • Interior Features: Cathedral Ceiling(s),Ceiling Fans(s),Crown Molding,Smart Home,Stone Counters,Vaulted Ceiling(s),Walk-In Closet(s)
  • Laundry Features: Laundry Room
  • Levels: Two
  • Living Area: 15311
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Other Equipment: Irrigation Equipment,Generator
  • Security Features: Closed Circuit Camera(s),Gated Community,Security Fencing/Lighting/Alarms,Security Gate,Security Lights,Security System,Security System Owned,Smoke Detector(s)
  • Window Features: Blinds,Double Pane Windows,Storm Window(s)

Exterior

Parking Information

  • Parking Features: Circular Driveway,Driveway,Garage Door Opener,Golf Cart Garage,Golf Cart Parking,Oversized,Workshop in Garage

Lot Information

  • Additional Parcels Description: 0278-01-0150
  • Additional Parcels: Yes
  • Lot Features: In County,Irregular Lot,Landscaped,Paved,Private,Zoned for Horses
  • Lot Size Acres: 17.08
  • Lot Size Square Feet: 744004
  • Number Of Lots: 2
  • Road Responsibility: Private Maintained Road
  • Road Surface Type: Asphalt
  • Vegetation: Bamboo,Fruit Trees,Mature Landscaping,Oak Trees,Trees/Landscaped
  • Water Source: Canal/Lake For Irrigation,Well

Waterfront/View

  • View: Trees/Woods,Water
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Building Exterior/Construction

  • Architectural Style: Custom
  • Attached Garage: Yes
  • Construction Materials: Block,Concrete,Stucco
  • Direction Faces: East
  • Patio And Porch Features: Covered,Deck,Enclosed,Patio,Porch,Screened,Wrap Around
  • Roof: Shingle

General Information

  • Carport: No
  • Exterior Features: Balcony,Dog Run,Lighting,Outdoor Grill,Outdoor Kitchen,Outdoor Shower,Rain Gutters,Sauna,Tennis Court(s)
  • Fencing: Board,Chain Link,Fenced,Other
  • Horse Amenities: Other,Riding Ring,Round Pen
  • Other Structures: Additional Single Family Home,Barn(s),Gazebo,Guest House,Other,Storage,Tennis Court(s),Workshop
  • Pool Features: Gunite,In Ground,Other
  • Pool Private: Yes
  • Sewer: Septic Tank
  • Utilities: BB/HS Internet Available,Cable Connected,Electricity Connected,Propane,Water Connected

Room Information

Room: Bedroom 4

  • Level: First
  • Dimensions: 14x13
  • Length: 13
  • Width: 14

Room: Bedroom 5

  • Level: First
  • Dimensions: 11x12
  • Length: 12
  • Width: 11

Room: Den

  • Level: First
  • Dimensions: 12x18
  • Length: 18
  • Width: 12

Room: Kitchen

  • Level: First
  • Dimensions: 12x15
  • Length: 15
  • Width: 12

Room: Living Room

  • Level: First
  • Dimensions: 24x24
  • Length: 24
  • Width: 24

Room: Bedroom 2

  • Level: Second
  • Dimensions: 14x13
  • Length: 13
  • Width: 14

Room: Bedroom 3

  • Level: Second
  • Dimensions: 12x11
  • Length: 11
  • Width: 12

Room: Primary Bedroom

  • Level: Second
  • Dimensions: 24x18
  • Length: 18
  • Width: 24

7340 PALOMINO TRAIL Neighborhood

Community

34241 (SARASOTA) Demographics

51
Median Age
213
Population Density (per sq. mile)
54%
College Educated
$83,882
Estimated Median Income
5,121
Estimated Total Home Owners
749
Estimated Total Renters
87% / 13%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7340 PALOMINO TRAIL Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7340 PALOMINO TRAIL Market Data

Based on the last 30 days in this zip code

$730,158
Average List Price
$305
Average Price per Square Foot
53
Properties Sold
106
Average Days on Market
355
Properties for Sale
Calculations provided by Reliance Network

7340 PALOMINO TRAIL History

Date Event Value Agent
5/23/2026Source: My Florida Regional MLS Price Reduction
$6,950,000 -12.3%
3/3/2026Source: My Florida Regional MLS Price Reduction
$7,925,000 -9.4%
1/13/2026Source: My Florida Regional MLS Price Reduction
$8,750,000 -7.9%
10/16/2025Source: My Florida Regional MLS Added to Database
October 16, 2025
10/14/2022Source: My Florida Regional MLS Added to Database
October 14, 2022