Quintessential Multi-Generational Compound on 5+ Acres in Sarasota adjacent to Waterside at Lakewood Ranch! Designed with an adaptive living concept in mind, the primary structure features two fully independent 3-bedroom, 2-bath sunlit residences. Each home enjoys its own private entrance, separate driveway, and its own 2-car garage, allowing households to live side-by-side while maintaining complete independence. Whether accommodating extended family, long-term guests, or providing a private residence for caregivers, the thoughtful layout offers exceptional versatility. At the heart of the property, a beautiful pool and expansive screened lanai create an inviting backdrop for a true Florida indoor/outdoor lifestyle. This shared outdoor retreat is perfectly positioned so both residences enjoy easy access, making it a natural gathering place for family and guests alike. A dedicated pool bath adds convenience for swimmers and guests, keeping the indoor living areas pristine while enhancing the seamless flow between indoor comfort and outdoor enjoyment. Expanding the living possibilities even further is an additional 2-bedroom, 2-bath “barndominium,†with 1 car garage currently used as an Airbnb. This 2nd level apartment offers privacy with a light and airy vibe featuring an open plan kitchen/living area. The unique adjoining sunroom spanning the length of the unit would be perfect for a yoga studio, game room or added entertainment space. Unlock the potential of this versatile apartment as a guest retreat, income-producing rental, inspiring studio, or private office suite. This 5+ acre homesite with no deed restrictions gives you the freedom to truly tailor the property to your personality. A large detached pole barn adds tremendous utility, providing ample space for farm animals, boats, RVs, equipment, hobbies, or workshop use—ideal for those who need room to store, build, or play. Buy with confidence knowing this home has been fully re-plumbed with modern PVC piping, replacing outdated lead pipes. Experience the perfect balanced of peaceful country living with an unbeatable location. Within minutes of restaurants, boutiques, farmers markets, parks, and year-round events at the vibrant waterfront district at Waterside Place in Lakewood Ranch and only a short drive to stunning beaches and the renowned dining and cultural attractions of dynamic Sarasota. Whether you envision a private family compound, multi-generational retreat, income-producing opportunity, or flexible live-work estate, this remarkable property offers the rare combination of space, freedom, and location. Schedule your private showing today and experience the endless possibilities for yourself. Welcome home to 1516 Fox Creek Drive!