140 COWPEN LANE, SARASOTA, FL, 34240
Active108 days on marketListed Apr 23, 2026MLS #A4691106
About this home
140 COWPEN LANE
Major Price Adjustment - Who is looking for 5 acres off Fruitville Road ? This property is the space you are looking for - You have found your Dream Home built by Jonas Yoder Custom Homes - this is the kind of property that invites you to slow down, spread out, and truly live the Florida lifestyle on your own terms. From the moment you arrive through the gated, double entry driveway there’s a sense of freedom here—no deed restrictions, no limitations, just space to create the life you’ve been imagining. Picture your RV tucked neatly under its own dedicated carport, your boats, trailers, and toys all with room to spare, and wide-open skies above instead of rooftops crowding in. The family room adjacent to the kitchen features a wood burning fireplace, wood planked ceilings, and a wet bar making entertaining easy while preparing a meal in the gourmet kitchen with a large island and newer appliances. At the heart of the property, a barn adds both charm and versatility, complete with an efficiency apartment that’s ready for guests, rental income, or easily converted into a full living space, or bring your horses and reconfigure back to stalls. Whether you’re hosting friends for the season, creating a private retreat, or building out a multi-generational setup, the possibilities feel endless. RV carport is 20 x 40 and has 50 amp service. An expansive lanai with a screened pool and spa, solar panels heat the pool and spa. A 4-ton Rudd AC unit was installed in May 2025, a hardwired security system requires no subscription, septic was replaced 2002. For those who dream of a little more land and a little more freedom, this property welcomes your horses the property is fully fenced, your hobbies, and your vision. There’s room to roam, room to grow, and room to make it entirely your own—something that’s becoming harder to find in Sarasota. While it feels like your own private escape, you’re still just a short drive from everything that makes Sarasota so desirable—beautiful Gulf beaches, dining, shopping, and everyday conveniences. Only 5 miles to I 75. This isn’t just a home—it’s a lifestyle. One where you set the rules, bring what you love, and finally have the space to enjoy it all.
Facts & features
The home at a glance
3
Bedrooms
2.5
Bathrooms
3,115
Sqft
5 ac
Lot size
3
Garage
1984
Year built
One
Levels
$449
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$8,762 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$8,762/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−12.9%
$/sqft vs NOT APPLICABLE
$449 vs $413
Days on market
108 vs 62 typical
Where $449/sqft sits among the 14 homes for sale in NOT APPLICABLE
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Sarasota
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Sarasota. See the full Sarasota guide →
SARASOTA 34240 — neighborhood snapshot
Population
16,356
Median age
51.4
Median income
$126,048
Median home value
$622,100
Avg household
2.55
Households w/ children
1,604
For the school run
Sarasota County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Sarasota market
$475K → $493K
Sarasota median sold, yr/yr
95.2%
Sale-to-list ratio (12 mo)
5 of 14
NOT APPLICABLE have cut their price
Median sold price, Sarasota, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 123% above the SARASOTA 34240 median. See the full Sarasota market guide →
Paper trail
This home's history
Reality check
What actually sold near 140 COWPEN LANE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$710,000
2711 1ST AVENUE W · same community
4 bd · 3 ba · 2,844 sqft · $250/sqft · 14 DOM
Sold · Sep ’25$710,000
10810 WHEELER PLACE · same community
4 bd · 3 ba · 2,700 sqft · $263/sqft · 61 DOM
Sold · Jul ’26$420,000
1205 44TH AVENUE E · same community
4 bd · 2 ba · 2,659 sqft · $158/sqft · 96 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Gavin Hatcher
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 140 COWPEN LANE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 140 COWPEN LANE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Gavin's phone and CRM.
Straight answers
140 COWPEN LANE FAQs
What would the monthly payment be for 140 COWPEN LANE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $8,762/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 140 COWPEN LANE?+
The most recent tax bill on record (2025) was $6,269. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Sarasota?+
At $1,399,999, this home is listed about 149% above the Sarasota median of $561,785. The market section on this page shows how the area is trending.
Which schools are assigned to 140 COWPEN LANE?+
Tatum Ridge Elementary School (elementary), McIntosh Middle School (middle), Booker High School (high) — Sarasota County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$1,399,999 runs 123% above the SARASOTA 34240 median — but at 3,115 sqft it's also nearly twice the size of the typical Sarasota listing.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Strong assigned schools
Tatum Ridge Elementary School, McIntosh Middle School, Booker High School — Tatum Ridge Elementary School rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $1,450,000, now $1,399,999 — a $50K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of MARCUS & COMPANY REALTY · Lynn Bondanza. MLS #A4691106.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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