Tour
$6,888 Closing Credit¹
#A11799866, Gina Casalez, Listing office: House Realty LLC
$649,000 List price
2866 E Rainbow Cir Sarasota, FL 34231
$7,707
Closing credit¹
4 beds
3 full
2,010 sqft
0.5 acres
$323 / sqft
House
Property details
About 2866 E Rainbow Cir
Discover Your Dream Oasis in the Heart of Sarasota! This enchanting .49-acre property invites you to choose between an active urban farm or a tranquil private oasis, the possibilities are endless! Nestled at the peaceful end of a dead-end street in Flood Zone X, this 4-bedroom, 3-bath property, features a main house with an attached 2-car garage, and an established income-producing guest house: it is your canvas to create the lifestyle you have always wanted! The main home features a 2024 roof and a freshly painted exterior. Both the main and guest homes have been recently tented to ensure your peace of mind. The heart of the main home features a thoughtfully designed open floor plan, highlighting an inviting eat-in kitchen with quartz counter-tops, equipped with new smart Samsung appliances. Yes, you can control them from an app! All under warranty for your convenience! The kitchen is an open-concept to the spacious living room. Imagine entertaining in the spacious kitchen/living room or the fantastic great room, both boasting access to a lovely screened porch through pocketing sliding doors. Retreat to the primary bedroom, where you will find pocketing sliders that lead to the screened-in porch, a newly tiled en-suite bathroom with a standing shower, and a spacious walk-in closet. The second and third bedrooms are generously sized; one boasts a walk-in closet, while the other features its own private exterior entrance. The functional laundry room comes complete with washer & dryer, and ample built-in storage, ensuring you have all the space you need to stay organized. The 2 car garage has a door leading to the main yard, and an exterior window -- just add an a/c unit and you have now converted your garage into a gym! Don't forget about the detached guest house that serves as the fabulous 4th bedroom and 3rd bathroom, with a history of renting for $1,400/month! Produce income from the comfort of home. Outside of the guest house is a spacious covered patio that could be used as a carport. The inside is equipped with a wardrobe, a portable washing machine, a full-size refrigerator, a kitchenette, and an oversized bathroom with standing shower, filled with natural light. Nature Lovers Rejoice! Previously an urban farm, the property has thrived with native plants grown without pesticides. Reap the rewards of the mature landscaping, including magnificent oak trees! Currently flourishing with vegetables, fruits, and even supporting 3 happy chickens and a hive of 250,000 bees, producing 42 pounds of honey annually! Whether you're eager to cultivate your own urban farm or redesign the space with a privacy fence, this incredible lot delivers unmatched flexibility and serenity in Sarasota's heart. There is plenty of room to add a pool, outdoor kitchen, or even park your boat or RV. Don't miss this rare opportunity to own a slice of paradise in a non-HOA community: your urban retreat awaits!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size2,010 sqft
Lot size0.49 Acres
Year built1977
ParkingCovered, Driveway, Garage Door Opener, Ground Level, Guest, Off Street, Open
MLS #A4655606
Attached garage2 spaces
FireplaceFamily Room, Wood Burning
ViewGarden
Summary
- Full Bathrooms: 3
- Appliances: 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
- Flooring Type: Bamboo, Ceramic Tile, Tile
- Interior: 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
- Fireplace: Family Room, Wood Burning
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Covered, Driveway, Garage Door Opener, Ground Level, Guest, Off Street, Open
- View: Garden
- Exterior: Garden, Private Mailbox, Rain Barrel/Cistern(s), Rain Gutters, Sliding Doors
- Architectural Style: Ranch
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $649,000
- Price/SqFt: $322
- HOA Amount: $0
- Annual Tax Amount: $2,513
- Tax Year: 2023
- Lot: Cul-De-Sac, Drainage Canal, Farm, Irregular Lot, Near Public Transit, Oversized Lot, Pasture, Dead End Street, Paved
- Directions: West on Bee Ridge, Left/South on Worcester Road, Right on Maiden Lane, Left/South on East Rainbow Circle. Home is at the end of the cul-de-sac.
- Year Built: 1977
- Stories: 1
- Living Area: 2,010 SqFt
- Lot Size: 0.49 Acres
- MLS Number: A4655606
- MLS Name: MFRMLS
- Office Name: MICHAEL SAUNDERS & COMPANY
- Office Phone: (941) 951-6660
- Listing Agent: Lana Moriece
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/18/2025, 11:49:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$649,000
2866 E Rainbow Cir
$7,707
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 06, 2013 | Home Sold | $215,000 |
| Feb 02, 2004 | Home Sold | $165,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $186,888 | $2,513 |
| 2022 | $181,445 | $2,414 |
| 2021 | $176,160 | $2,414 |
| 2020 | $173,728 | $2,444 |
| 2019 | $169,822 | $2,346 |
| 2018 | $166,656 | $2,283 |
| 2017 | $163,228 | $2,271 |
History based on county public records data.
Nearby schools
5
Wilkinson Elementary School
Public District PK-5
0.8 mi
•3400 Wilkinson Rd
8
Phillippi Shores Elementary School
Public Magnet PK-5
1.1 mi
•4747 S Tamiami Trl
10
Southside Elementary School
Public District PK-5
1.6 mi
•1901 Webber St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,263. Residents of Sarasota, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
38%
<35k
56%
35k-100k
3%
100k-200k
3%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
52%
Single, No Kids
16%
Single, with Kids
21%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
7%
12-17 yrs old
21%
18-34 yrs old
49%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Pro Boxing
Extreme Sports
Where do the neighbors shop?
Stein Mart
Family Dollar
Sam's Club
Where do the neighbors go to eat?
LongHorn Steakhouse
White Castle
Bob Evans
What do the neighbors drive?
Buick
Chevrolet
Oldsmobile
What do the neighbors listen to?
Contemporary Inspirational
Rock
News
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Sarasota, FL
Sarasota's transportation network includes a variety of options for residents and visitors. The Sarasota County Area Transit (SCAT) provides bus services with routes covering key areas of the city. For those who prefer private transport, ride-sharing services like Uber and Lyft are readily available. The city is also connected by several major roads, including Interstate 75 and U.S. Route 41, facilitating travel to nearby cities and attractions. Efforts to enhance walkability and bikeability are evident in the downtown area and along the scenic waterfront.
The city is served by a robust educational system, including multiple public and private schools that offer a range of educational programs. Sarasota Memorial Hospital stands as a major healthcare provider, offering comprehensive services from emergency care to specialized treatments. The public library system is well-established, providing residents with access to a wealth of knowledge and resources. Retail and dining options are plentiful, reflecting the local culture with a blend of international cuisines and boutique shopping experiences.
Sarasota prides itself on its vibrant arts scene and cultural richness, with numerous galleries, theaters, and the renowned Ringling Museum of Art. The community's character is further enhanced by its proximity to pristine beaches and a variety of outdoor recreational activities, making it a desirable location for both retirees and families. Annual events like the Sarasota Film Festival and the Sarasota Music Festival celebrate the city's artistic heritage and community spirit.
Sarasota's housing market is diverse, offering a mix of single-family homes, condominiums, and townhouses that cater to a range of preferences and budgets. Architectural styles vary widely, with a notable presence of Mediterranean-inspired designs alongside modern and contemporary structures. The area has seen a steady growth in new developments, particularly in the condominium sector, which adds a modern touch to the city's skyline.
About 2866 E Rainbow Cir
The listing price of 2866 E Rainbow Cir property is $649,000.
The property 2866 E Rainbow Cir is a house located in Sarasota, Florida, 34231.
Active Listing: 2866 E Rainbow Cir is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2866 E Rainbow Cir are: Wilkinson Elementary School (GreatSchools Rating 5/10), Phillippi Shores Elementary School (GreatSchools Rating 8/10), Southside Elementary School (GreatSchools Rating 10/10), Brookside Middle School (GreatSchools Rating 6/10), Suncoast School for Innovative Studies (GreatSchools Rating 5/10), Imagine School at Palmer Ranch (GreatSchools Rating 5/10), Riverview High School (GreatSchools Rating 6/10), Triad (GreatSchools Rating 1/10), Suncoast Polytechnical High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $2,513 (source: MLS/based on county public records data).
The last sale was on November 6, 2013 for $215,000 (source: MLS/tax record).
The property at 2866 E Rainbow Cir has 4 bedrooms and 3 bathrooms.
The property 2866 E Rainbow Cir is 2,010 SqFt (source: MLS/tax record).
The year of construction for 2866 E Rainbow Cir is 1977.
This home is located at 2866 E Rainbow Cir in Sarasota, FL and zip code 34231. This 2,010 square foot home, which was built in 1977, sits on a 0.49 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $649,000.
In May 2025 more than 28 listings in Sarasota, FL were sold above the asking price. During the same period more than 69 listings were sold at asking price, while more than 365 were sold below. The number of listings in Sarasota, FL decreased by 1% between April and May 2025. The median list price of listings available in May 2025 was $496,832, while the average time on the real estate market was 62 days.
From Rocket Homes Real Estate and based on county public records data.