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516 E Lake Drive

SARASOTA, FL 34232

3 beds
2 baths
2,362 sqft
14,605 sqft lot
$287 per sqft
1960 build
– on site

This enchanting 3-bedroom, 2-bathroom, 2-car garage pool home nestled along the serene shores of a picturesque lake. This meticulously maintained residence seamlessly combines modern living with the tranquility of its surroundings, creating a rare haven of comfort and peace. Surrounded by lush landscaping, the property unfolds as a private oasis, extending a warm welcome each time you return. Stunning and Dramatic Direct Sunset Views . Immerse yourself in mesmerizing lake views, either from your backyard sanctuary or while taking a leisurely swim in the inviting solar heated pool. The fenced yard not only ensures privacy but also provides an ideal space for pets, and serene moments. Recent upgrades to the home include in 2023-2024 New HVAC system, New mini split AC in Great Room, New Pool Filtration System , New Flat Roof , New Kitchen Stove, Micro Wave and Wine Refrigerator , Updated Bathrooms, State-of-the-art water treatment system ensures clean and refreshing water throughout the property, Sewer Main Drain Pipes recently jet cleaned , a new washer and dryer (2023) for modern convenience. House recently painted and Bahama Shutters added inside and out. Over 100K in upgrades since 2021 ! Move in Condition. With no deed restrictions, you have the freedom to tailor your home to your unique tastes. Additionally, enjoy direct access to the lake for fishing, kayaking, and paddleboarding. Conveniently located just minutes from Cardinal Mooney, McIntosh Middle School, and the recreational haven of Fruitville Park, this property offers an unparalleled combination of beauty, comfort, and accessibility. Don't miss out—schedule a private showing today and step into your dream home!

Listing courtesy of STELLAR_MLS / RE/MAX ALLIANCE GROUP

Last checked: Checking… • Last updated Apr 29, 2024 •

MLS# A4594489 —

The Building

Year Built:

1960
New Construction:

false
Construction Materials:

Block
Architectural Style:

Florida
Building Area Total:

3458
Levels:

One
Stories Total:

1
Floor Number:

1
Roof:

Built-Up
Foundation Details:

Block
Window Features:

Shutters
Patio And Porch Features:

Covered

Interior

Interior Features:

Ceiling Fan(s)
Additional Rooms:

Breakfast Room Separate
Flooring:

Ceramic Tile
Fireplace:

true
Fireplace Features:

Family Room

Room Dimensions

Living Area:

2362
Living Area Units:

Square Feet
Living Area Source:

Public Records

Location

Directions:

From Fruitville Road, South on McIntosh Road, left on N. Lake Drive, right on E. Lake Drive, the house is on the right.
Latitude:

27.331517
Longitude:

-82.475966
Coordinates:

-82.475966, 27.331517

The Property

Parcel Number:

0045140032
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Completed
Property Attached:

false
Lot Features:

Landscaped
Lot Size Acres:

0.34
Lot Size SqFt:

14605
Lot Size Area:

14605
Lot Size Units:

Square Feet
Zoning:

RSF1
View:

Garden
Direction Faces:

East
Exterior Features:

Garden
Fencing:

Fenced
Water Source:

Well
Total Acres:

1/4 to less than 1/2
Road Surface Type:

Paved
Road Frontage Type:

Street Paved
Flood Zone Code:

X
Flood Zone Panel:

12115C0153F
Homestead:

true
Lease Restrictions:

true

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Lot:

65
Tax Book Number:

10-43
Tax Annual Amount:

5214
Tax Legal Description:

LOT 65 SHERWOOD ESTATES UNIT 2

Beds

Bedrooms Total:

3

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Virtual Tour URL Branded:

https://tour.snaphouss.com/516-east-lake-drive
Virtual Tour URL Branded 2:

https://youtu.be/k21Su7Wu8ao
Virtual Tour URL Unbranded:

https://tour.snaphouss.com/516-east-lake-drive
Virtual Tour URL Unbranded 2:

https://youtu.be/k21Su7Wu8ao
Special Listing Conditions:

None
Buyer's Brokerage Compensation:

2.5%

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Cable Available
Electric:

Photovoltaics Seller Owned
Sewer:

Septic Tank
Green Energy Efficient:

Pool
Green Energy Generation:

Solar

Appliances

Appliances:

Cooktop
Laundry Features:

Inside

The Community

Subdivision Name:

SHERWOOD ESTATES 2
Senior Community:

false
Water View:

Lake
Water View:

true
Water Access:

Lake
Water Access:

true
Water Extras:

Powerboats – None Allowed
Water Body Name:

Lake Sherwood
Waterfront:

true
Waterfront Features:

Lake
Pool Private:

true
Pool Features:

Heated
Pets Allowed:

Cats OK
Association:

true
Association Fee:

125
Association Fee Frequency:

Annually
Association Fee Requirement:

Optional
Monthly HOA Amount:

10.42
Ownership:

Fee Simple
Association Approval Required:

false
Additional Water Information:

This is the Selling Feature! The picturesque VIEW of the Large In-ground POOL overlooks the gorgeous LAKE SHERWOOD with direct Western Sunsets! Dock for your boats, kayaks, and your favorite water toys! Ideal for backyard fishing or quiet bird-watching!
Waterfront Feet Total:

168

Parking

Garage:

true
Attached Garage:

true
Garage Spaces:

2
Carport:

false
Covered Spaces:

2
Parking Features:

Off Street

Extra Units

Other Structures:

Shed(s)

Monthly cost estimate

Asking price

$679,999

Expense	Monthly cost
Mortgage	$3,641
Taxes	$434
Insurance	$186
HOA fees	$10
Utilities	$173 See report
Total	$4,444/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/26/24 Apr 26, 2024	Price Changed	STELLAR_MLS	$679,999	-0.7%
2/23/24 Feb 23, 2024	Relisted	STELLAR_MLS	$685,000
2/2/24 Feb 2, 2024	Pending	STELLAR_MLS	$685,000

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This house located in Sherwood Estates, Fruitville, FL 34232 is currently for sale for $679,999. 516 E Lake Drive is a 2,362 square foot house with 3 beds and 2 baths that has been on Estately for 133 days. 516 E Lake Drive is in the Sherwood Estates neighborhood of Fruitville and has a WalkScore® of 13, making it car-dependent. This house is in the attendance area of Mcintosh Middle School, Fruitville Elementary School, and Sarasota High School.

Listing Courtesy of: STELLAR_MLS and RE/MAX ALLIANCE GROUP.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.