Bonanza Ranch Estates
20707 SW 240th St, Homestead FL 33031
2 beds · 2 baths · 1,386 ft²
2
Bedrooms
2
Bathrooms
1,386
Sq. Ft.
2000
Year Built
77
Days on Market
Description
Nestled on a sprawling 56,628 sq. ft. corner lot, this charming one-story home offers the perfect blend of space, privacy, and potential. Whether you're dreaming of a custom-built estate, a peaceful ranch getaway, or adding horse stalls, this property is a blank canvas ready for your vision. The home features impact doors and windows, a large utility shed and is fully fenced for added security and peace of mind. Surrounded by mature fruit trees, the grounds invite you to embrace a tranquil, rural lifestyle while still being conveniently located in the highly desirable Redlands area.
Facts
- MLS#
- A11801240
- Subdivision
- Bonanza Ranch Estates
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 56,628 ft²
- Sq. Ft.
- 1,386 ft²
- Sq. Mt.
- 129 m²
- Price per sq. ft.
- $570/ft²
- Price per sq. mt.
- $6,123/m²
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 77 days
- Listed
- May 12, 2025
- Last Updated
- Oct 7, 2025
- Price/Lot Sq.Ft.
- $14/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
SOLD$790,000
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SOLD$800,000
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$820,000
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Market insights for Homestead
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
71
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).
| 10/7/2025 | Sold | $789,900 |
| 7/16/2025 | Price change | $789,900-4.8% |
| 5/12/2025 | Listed for sale | $830,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
St. Mary's Anglican Christian Academy4,5,6,7,8 · private · 0.2 mi
Atlantic High School9,10,11,12 · public · 0.3 mi
Atlantic High Adult Education CenterUG · public · 0.4 mi
Carver Middle School6,7,8 · public · 0.6 mi
Delray Full Service Adult EducationUG · public · 1.1 mi
Village Academy On The Art & Sara Jo Kobacker CampusPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 1.1 mi
Ambrose Bay High School9,10,11,12 · private · 1.1 mi
TLC Christian Academy6,7,9,11 · private · 1.2 mi
S. D. Spady Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.4 mi
Achivement Center For ChildrenPK,KG · private · 1.6 mi
Estimated Monthly Payment
$5,012/mo
Principal & Interest
$4,204
Property Tax
$658
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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