Bonanza Ranches

20961 SW 246th St, Homestead FL 33031

7 beds · 5 baths · 4,460 ft²

Closed

$1,399,900

6.67%

Est. Payment $7,451/mo

MLS Sheet Video

7

Bedrooms

5

Bathrooms

4,460

Sq. Ft.

1992

Year Built

2

Garage

88

Days on Market

Description

Welcome to your dream home surrounded by fruit trees and lots of plush green landscape. This 5 bedroom 3 bath property is located in Bonanza Ranches in the Redlands and has over an acre of Country style living with spaces for farm animals and horses, if desired. The main home features a split floor plan with remodeled kitchen, in-law quarters, an additional large bedroom perfect for a theater room or office, a sunken lounge with surround sound system, a large family room next to the kitchen perfect for entertainment and family gatherings. Also included is a storage shed and plenty of room for large RV, boat or if you desire a pool or pond. The property also includes a separate 2 bedroom 2 bath guest house with its own private gated entrance. No HOA! Easy to show and "A must see home!"

Facts

MLS#
A11679162
Subdivision
Bonanza Ranches
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1992
Lot Size
54,886 ft²
Sq. Ft.
4,460 ft²
Sq. Mt.
414 m²
Price per sq. ft.
$314/ft²
Price per sq. mt.
$3,381/m²
Stories
Garage
2 spaces
Pool
Days on Market
88 days
Listed
Oct 19, 2024
Last Updated
Mar 18, 2025
Price/Lot Sq.Ft.
$26/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Homestead

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

65

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

3/18/2025Sold$1,399,900
1/7/2025Price change$1,399,900-6.7%
10/19/2024Listed for sale$1,499,900

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

20961 SW 246th St, Homestead FL 33031Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$8,767/mo

Principal & Interest

$7,451

Property Tax

$1,167

Insurance

$150

HOA

$0

20% ($279,980)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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