Name: 505 E LAKE DR, SARASOTA | MLS® TB8435168
SKU: tb8435168
Price: 550000.0 USD
Availability: InStock

$550,000 Sale

Listed 1 day

505 E LAKE DR

MLS® tb8435168 Single Family Residence

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Date:

Beds · 4

Baths · 3

Garage · 1

Sqft · 2000

Est. mortgage

$2,087/mo

Property Taxes

$6,313/yr

Association Fee

$6.67/mo

Key Facts

Key facts for 505 E LAKE DR

Property Type

House

Parking

Boat,Driveway,Garage Door Opener,Workshop in Garage 1 garage

MLS #

TB8435168

Size

2000 sqft

Basement

Listed on

Lot size

Tax

$6,313 /yr

Days on Market

Year Built

1962

Maintenance Fee

$6.67/mo

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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Full Property Details

Interior

Bedrooms

Washrooms

Square Footage

2000 sqft

Heating

Central,Electric

Cooling

Central Air

Flooring

Ceramic Tile,Luxury Vinyl

Full Bathrooms

Half Bathrooms

Levels

One

Appliances

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

Bedrooms

Washrooms

Square Footage

2000 sqft

Heating

Central,Electric

Cooling

Central Air

Flooring

Ceramic Tile,Luxury Vinyl

Full Bathrooms

Half Bathrooms

Levels

One

Appliances

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

Exterior

Acreage

0.35

Lot Size

0.35 acres

View

Unspecified

Pool

Yes

Parking Spaces

Total Parking Spaces

Garage Type

Boat,Driveway,Garage Door Opener,Workshop in Garage

Garage Spaces

Zoning

Parking Type

Boat,Driveway,Garage Door Opener,Workshop in Garage

Acreage

0.35

Lot Size

0.35 acres

View

Unspecified

Pool

Yes

Parking Spaces

Total Parking Spaces

Garage Type

Boat,Driveway,Garage Door Opener,Workshop in Garage

Garage Spaces

Zoning

Parking Type

Boat,Driveway,Garage Door Opener,Workshop in Garage

Building Description

Property Type

Residential

Home Type

House

Subtype

Single Family Residence

Year Built

1962

Exposure

West

Exterior

Rain Gutters,Sliding Doors

Sewers

Septic Tank

Roof Type

Shingle

Deck

Enclosed,Front Porch,Patio,Screened

New Construction

Foundation

Block,Slab

Architecture

Traditional

Construction Materials

Block,Stucco

Property Type

Residential

Home Type

House

Subtype

Single Family Residence

Year Built

1962

Exposure

West

Exterior

Rain Gutters,Sliding Doors

Sewers

Septic Tank

Roof Type

Shingle

Deck

Enclosed,Front Porch,Patio,Screened

New Construction

Foundation

Block,Slab

Architecture

Traditional

Construction Materials

Block,Stucco

Community

Neighborhood

SHERWOOD ESTATES 3

County

Sarasota

Subdivision

SHERWOOD ESTATES 3

Features

Deed Restrictions

Elementary School

Fruitville Elementary

Middle School

McIntosh Middle

High School

Sarasota High

Neighborhood

SHERWOOD ESTATES 3

County

Sarasota

Subdivision

SHERWOOD ESTATES 3

Features

Deed Restrictions

Elementary School

Fruitville Elementary

Middle School

McIntosh Middle

High School

Sarasota High

Taxes & Fees

Taxes

$6,313 /yr

Tax Year

2024

Financing Terms

Cash,Conventional,FHA,VA Loan

HOA Fee

$6.67 /mo

Taxes

$6,313 /yr

Tax Year

2024

Financing Terms

Cash,Conventional,FHA,VA Loan

HOA Fee

$6.67 /mo

Other

Directions

175 to exit 210 Fruitville Rd Head West towards Sarasota (hwy 780) to McIntosh Rd head South to N Lake Dr Head East to E Lake Dr

Pets

Yes

Directions

175 to exit 210 Fruitville Rd Head West towards Sarasota (hwy 780) to McIntosh Rd head South to N Lake Dr Head East to E Lake Dr

Pets

Yes

Steven P Goodwin

Email: [email protected] Cell: +1 (941) 451-2880