Property
ActiveResidential
1/60
$6,950,000

7340 PALOMINO TRAIL

Sarasota, FL 34241
11
Beds
10
Baths
15,311
SqFt
17.08
Acres
STELLAR
#O6352294
Updated: May 23, 2026, 3:38pm

Property Description

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.
Included Appliances
DishwasherDisposalDryerExhaust FanRangeRefrigeratorWasher

Property Details

Highlights
View
Yes
Waterfront
Yes
Interior
Appliances
DishwasherDisposalDryerExhaust FanRangeRefrigeratorWasher
Bathrooms Total Decimal
9.5
Building Area Total
22653
Cooling
Central AirMini-Split Unit(s)Zoned
Fireplace Features
Living RoomOutsideStoneWood Burning
Flooring
Luxury VinylPorcelain Tile
Heating
CentralElectric
Interior Features
Cathedral Ceiling(s)Ceiling Fan(s)Crown MoldingSmart HomeStone CountersVaulted Ceiling(s)Walk-In Closet(s)
Laundry Features
Laundry Room
Living Area
15311
Other Equipment
GeneratorIrrigation Equipment
Rooms Total
8
Security Features
Closed Circuit Camera(s)Gated CommunitySecurity Fencing/Lighting/AlarmsSecurity GateSecurity LightsSecurity SystemSecurity System OwnedSmoke Detector(s)
Window Features
BlindsDouble Pane WindowsStorm Window(s)
Construction
Architectural Style
Custom
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockConcreteStucco
Direction Faces
East
Foundation Details
Slab
Levels
Two
Living Area Source
Public Records
Living Area Units
Square Feet
Property Condition
Completed
Roof
Shingle
Year Built
1981
Site & Exterior
Covered Spaces
10
Exterior Features
BalconyDog RunIrrigation SystemLightingOutdoor GrillOutdoor KitchenOutdoor ShowerRain GuttersSaunaTennis Court(s)
Fencing
BoardChain LinkFencedOther
Flood Zone Code
A
Garage Spaces
10
Horse Amenities
OtherRiding RingRound Pen
I D X Participation
Yes
Lot Features
In CountyIrregular LotLandscapedZoned for Horses
Lot Size Acres
17.08
Lot Size Area
17.08
Lot Size Square Feet
744004
Lot Size Units
Acres
Number Of Lots
2
Number Of Wells
2
Open Parking
Yes
Other Structures
Additional Single Family HomeBarn(s)GazeboGuest HouseOtherStorageTennis Court(s)Workshop
Parking Features
Circular DrivewayDrivewayGarage Door OpenerGolf Cart GarageGolf Cart ParkingOversizedWorkshop in Garage
Patio And Porch Features
CoveredDeckEnclosedPatioPorchScreenedWrap Around
Pool Features
GuniteIn GroundOther
Public Survey Range
19
Public Survey Section
15
Road Frontage Type
Street PavedPrivate Road
Road Responsibility
Private Maintained Road
Road Surface Type
PavedAsphalt
Sewer
Septic Tank
Total Acreage
10 to less than 20
Utilities
BB/HS Internet AvailableCable ConnectedElectricity ConnectedPropaneStreet LightsWater Connected
Vegetation
BambooFruit TreesMature LandscapingOak TreesTrees/Landscaped
View
Trees/WoodsWater
Water Access
Yes
Water Source
Canal/Lake For IrrigationWell
Water View
Yes
Waterfront
Yes
Waterfront Features
Lake Front
Waterfront Feet Total
1100
Zoning
OUE
Zoning Compatible
Yes
Financials
Additional Parcels
Yes
Additional Parcels Description
0278-01-0150
Association Fee
1800
Association Fee Frequency
Annually
Association Fee Includes
Private Road
Calculated List Price By Calculated Sq Ft
453.92
Contract Status Change Date
2025-10-16
Current Price
6950000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
7 Months
Monthly H O A Amount
150
Owner Name
OF RECORD
Ownership
Fee Simple
Parcel Number
0277010151
Public Survey Township
37
Tax Annual Amount
22398
Tax Book Number
26-27
Tax Legal Description
COM AT NE COR OF LOT 16 TH SELY ALG C/L OF PALOMINO TRAIL 40.79 FT FOR POB TH SELY ALG CURVE TO LEFT 73.37 FT TH CONT ALG C/L S- 13-26-09-E 231 FT TH S-75-50-08- W 634.44 FT TH S-11-56-47-E
Tax Lot
16
Tax Year
2024
Total Annual Fees
1800
Total Monthly Fees
150

Neighborhood & Lifestyle

Community & Association
Additional Lease Restrictions
See HOA Docs
Association Email
lauren@sunstatemanagement.com
Association Fee Requirement
Required
Association Name
Sunstate Association management- Lauren Wilson
Association Phone
941-870-4920
Association U R L
Community Features
Deed RestrictionsGated Community - No GuardGolf Carts OKHorses Allowed
Lease Restrictions
Yes
M L S Area Major
34241 - Sarasota
Pet Restrictions
See HOA Docs
Pets Allowed
Yes
S W Subdiv Community Name
Saddle Creek
Subdivision Name
SADDLE CREEK
Schools
Ratings
Elementary
Lakeview Elementary
Middle
Sarasota Middle
High
Riverview High
WalkScore™
Walk Score
Car-Dependent
0
Bike Score
Somewhat Bikeable
25
Listing provided courtesy of STELLAR via IDX. Updated: May 23, 2026, 3:38pm.
Justin Pekarek

Listing Agent

ORLANDO PROPERTY ADVISORS

Call Agent