505 E Lake Drive, Sarasota, FL 34232
- $515,000
- 4
- BD
- 3
- BA
- 2,000
- SqFt
- Sold Price
- $515,000
- List Price
- $550,000
- Status
- Sold
- Days on Market
- 21
- Closing Date
- Dec 12, 2025
- MLS#
- TB8435168
- Property Style
- Single Family
- Architectural Style
- Traditional
- Year Built
- 1962
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 2,000
- Price per sq. ft.
- 275
- Lot Size
- 15,215
- Acres
- 0.35
- Total Acreage
- 1/4 to less than 1/2
- Legal Subdivision Name
- Sherwood Estates 3
- Community Name
- Sherwood Estates
- MLS Area Major
- Sarasota/Fruitville
Property Description
Beautifully Updated Home in Highly Sought-After Sherwood Estates in Sarasota. This is a rare find. Welcome to 505 E Lake Dr, a stunning residence offering comfort, style and updated. The sellers have thoughtfully added numerous upgrades, including a whole-house automatic generator connected to an inground 280-gallon propane tank, a full water purification system, and a new water heater. Enjoy Florida living at its best with a screened pool enclosure featuring a brand-new screen, an above-ground whirlpool hot tub, and a new backyard firepit—perfect for relaxing or entertaining. Additional updates include new gates on both sides of the home. Inside, the spacious kitchen, living, and dining areas flow seamlessly together to create a bright, open great room ideal for gatherings. Conveniently located in central Sarasota close to shopping, dining, beaches, and A-rated schools, this home truly has it all. New roof (2020) Water heater (2024), well system (2024) Hot Tub (2025) Firepit (2025) Buyer responsible for verify all information. City or County may have restriction on short term rentals, buyer to verify. Professional photos coming Mon 10/13, showings to begin Tues 10/14
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Additional Information
- Taxes
- $6313
- Minimum Lease Period
- No Minimum
- HOA Fee
- $80
- HOA Payment Schedule
- Annually
- Location
- Landscaped, Level, Oversized Lot, Paved
- Community Features
- Deed Restrictions
- Property Description
- One Story
- Zoning
- RSF1
- Interior Features
- Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments
- Floor
- Ceramic Tile, Luxury Vinyl
- Appliances
- Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Refrigerator, Washer, Water Filtration System, Water Purifier
- Utilities
- Cable Connected, Electricity Connected, Propane
- Heating
- Central, Electric
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Stucco
- Exterior Features
- Rain Gutters, Sliding Doors
- Roof
- Shingle
- Foundation
- Block, Slab
- Pool
- Private
- Pool Type
- Deck, Gunite, Heated, In Ground, Screen Enclosure
- Garage Carport
- 1 Car Garage
- Garage Spaces
- 1
- Garage Features
- Boat, Driveway, Garage Door Opener, Workshop in Garage
- Garage Dimensions
- 20x20
- Elementary School
- Fruitville Elementary
- Middle School
- Mcintosh Middle
- High School
- Sarasota High
- Pets
- Allowed
- Flood Zone Code
- X
- Parcel ID
- 0045140004
- Legal Description
- LOT 99 SHERWOOD ESTATES UNIT 3
Listing courtesy of COLDWELL BANKER REALTY. 813-253-2444
Selling Office: BEACHY PROPERTIES.Mortgage Calculator
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