Sarasota, FL 34232,505 E LAKE DR
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Listed by
Bought with
$ 550,000
Est. payment | /mo

4 Beds

3 Baths

2,000 SqFt


Save
$ 550,000
Est. payment | /mo
Save

4 Beds

3 Baths

2,000 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $275

Subdivision Sherwood Estates 3

MLS Listing ID TB8435168

Bedrooms 4

Full Baths 3

Construction Status Completed

HOA Fees $80/ann

HOA Y/N Yes

Annual Recurring Fee 80.0

Year Built 1962

Annual Tax Amount $6,313

Lot Size 0.350 Acres

Acres 0.35

Property Sub-Type Single Family Residence

Source Stellar MLS

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

Location

State FL

County Sarasota

Community Sherwood Estates 3

Area 34232 - Sarasota/Fruitville

Zoning RSF1

Interior

Interior Features Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments

Heating Central, Electric

Cooling Central Air

Flooring Ceramic Tile, Luxury Vinyl

Furnishings Negotiable

Fireplace false

Appliance Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Refrigerator, Washer, Water Filtration System, Water Purifier

Laundry Laundry Closet

Exterior

Exterior Feature Rain Gutters, Sliding Doors

Parking Features Boat, Driveway, Garage Door Opener, Workshop in Garage

Garage Spaces 1.0

Pool Deck, Gunite, Heated, In Ground, Screen Enclosure

Community Features Deed Restrictions

Utilities Available Cable Connected, Electricity Connected, Propane

Roof Type Shingle

Porch Enclosed, Front Porch, Patio, Screened

Attached Garage true

Garage true

Private Pool Yes

Building

Lot Description Landscaped, Level, Oversized Lot, Paved

Entry Level One

Foundation Block, Slab

Lot Size Range 1/4 to less than 1/2

Sewer Septic Tank

Water See Remarks, Well

Architectural Style Traditional

Structure Type Block,Stucco

New Construction false

Construction Status Completed

Schools

Elementary Schools Fruitville Elementary

Middle Schools Mcintosh Middle

High Schools Sarasota High

Others

Pets Allowed Yes

Senior Community No

Ownership Fee Simple

Monthly Total Fees $6

Acceptable Financing Cash, Conventional, FHA, VA Loan

Membership Fee Required Optional

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Stellar MLS

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505 E LAKE DR