516 East Lake Drive

Sarasota, FL 34232

$679,999
Price
3
Beds
2
Baths
2,362 Sq. Ft.
$288 / Sq. Ft.
2,362
Sq. Ft.
$288
per Sq. Ft.

Description

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...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!
  1. Listed by Lee Brewer • RE/MAX ALLIANCE GROUP

Property Details for 516 East Lake Drive

Architectural Style
Florida, Traditional
Subdivision Name
SHERWOOD ESTATES 2
Township
36
Garage Spaces
2
View
Garden, Pool, Water
Waterfront
Yes
Water View
Lake

Location

Listing Courtesy of RE/MAX ALLIANCE GROUP, Lee Brewer
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LISTING UPDATED: 04/27/2024 01:06 PM

Property Details for 516 East Lake Drive

StatusActive
MLS #A4594489
Days on Market107
Taxes$5,214 / year
HOA Fees$125 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1960
Lot Size0.34 AC / 14,605 SF
CountySarasota County

Location

Listing Courtesy of RE/MAX ALLIANCE GROUP, Lee Brewer
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Virtual Tour

Building Information for 516 East Lake Drive

Stories1Year Built1960Building Size-Lot Size0.34 AC / 14,605 SF

Payment Calculator

$4,156 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,711

Property Taxes

$435

HOA Dues

$10

The Payment Calculator is for illustrative purposes only.

Property Information for 516 East Lake Drive

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 3458.0
  • Building Area Units: Square Feet
  • Direction Faces: East
  • Directions: From Fruitville Road, South on McIntosh Road, left on N. Lake Drive, right on E. Lake Drive, the house is on the right.
  • Floor Number: 1
  • Mls Major Change Type: Price Decrease
  • Listing Service: Full Service
  • Senior Community: No
  • SW Subdiv Community Name: Sherwood Estates
  • Unit Number: No
  • Street Number: 516
  • Street Direction Prefix: E
  • Street Name: LAKE
  • Street Suffix: DRIVE
  • State: FL
  • City: SARASOTA
Parking
  • Attached Garage: Yes
  • Available For Lease: Yes
  • Carport: No
  • Garage: Yes
  • Parking Features: Off Street
Taxes and HOA Information
  • Association Approval Required: No
  • Association Fee Requirement: Optional
  • Association: Yes
  • CDD: No
  • Tax Book Number: 10-43
  • Tax Legal Description: LOT 65 SHERWOOD ESTATES UNIT 2
  • Tax Lot: 65
  • Tax Year: 2022
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • 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!
  • Lot Features: Landscaped, Street Paved
  • Parcel Number: 0045140032
  • Total Acreage: 1/4 to less than 1/2
  • Water Access: Lake
  • Water Access: Yes
  • Water Body Name: LAKE SHERWOOD
  • Water Extras: Powerboats – None Allowed
  • Water Extras: Yes
  • Water: Powerboats – None Allowed
  • Water Frontage Feet Pond: 168
  • Zoning: RSF1
  • Living Area: 2362
Property and Assessments
  • Year Built Numeric: 1960
  • Flood Zone Code: X
  • Flood Zone Date: 11-04-2016
  • Flood Zone Panel: 12115C0153F
  • Homestead: Yes
  • New Construction: No
  • Property Attached: No
  • Property Condition: Completed
  • Public Survey Range: 18
  • Public Survey Section: 23
Utilities
  • Green Energy Efficient: Pool, Roof
  • Green Energy Generation: Solar
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Connected, Sprinkler Well
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, HardiPlank Type, Stucco
  • Exterior Features: Garden, Irrigation System, Lighting, Private Mailbox, Sliding Doors, Storage
  • Fencing: Fenced, Wood
  • Foundation Details: Block, Slab
  • Levels: One
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Enclosed, Front Porch, Patio, Rear Porch, Screened
  • Pool Features: Heated, In Ground, Screen Enclosure, Solar Heat
  • Pool Private: Yes
  • Pool: Private
  • Pool Private: Yes
  • Roof: Built-Up, Shingle
  • Vegetation: Mature Landscaping, Oak Trees, Trees/Landscaped
  • Waterfront Features: Lake
  • Waterfront Feet Total: 168
  • Number Of Stories: 1
Interior Features
  • Bedrooms Total: 3
  • Bathrooms Full: 2
  • Additional Rooms: Breakfast Room Separate, Inside Utility, Storage Rooms
  • Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Refrigerator, Washer, Water Filtration System, Wine Refrigerator
  • Cooling: Central Air, Mini-Split Unit(s)
  • Fireplace Features: Family Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate
  • Heating: Central, Electric
  • Interior Features: Ceiling Fans(s), L Dining, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s), Walk-In Closet(s)
  • Laundry Features: Inside, Laundry Room
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Room Count: 9.0
  • Water View: Yes
  • Window Features: Shutters
  • Bathrooms Half: 0
Room 1
  • Room Dimensions 1: 15x15
  • Room Features 1: En Suite Bathroom
  • Room Flooring 1: Ceramic Tile
  • Room Length 1: 15.0
  • Room Level 1: First
  • Room Type 1: Primary Bedroom
  • Room Width 1: 15.0
Room 2
  • Room Dimensions 2: 13x11
  • Room Flooring 2: Ceramic Tile
  • Room Length 2: 11.0
  • Room Level 2: First
  • Room Type 2: Bedroom 2
  • Room Width 2: 13.0
Room 3
  • Room Dimensions 3: 11x11
  • Room Flooring 3: Ceramic Tile
  • Room Length 3: 11.0
  • Room Level 3: First
  • Room Type 3: Bedroom 3
  • Room Width 3: 11.0
Room 4
  • Room Dimensions 4: 24x20
  • Room Flooring 4: Ceramic Tile
  • Room Length 4: 20.0
  • Room Level 4: First
  • Room Type 4: Family Room
  • Room Width 4: 24.0
Room 5
  • Room Dimensions 5: 20x14
  • Room Flooring 5: Ceramic Tile
  • Room Length 5: 14.0
  • Room Level 5: First
  • Room Type 5: Living Room
  • Room Width 5: 20.0
Room 6
  • Room Dimensions 6: 11x11
  • Room Flooring 6: Ceramic Tile
  • Room Length 6: 11.0
  • Room Level 6: First
  • Room Type 6: Dining Room
  • Room Width 6: 11.0
Room 7
  • Room Dimensions 7: 41x22
  • Room Flooring 7: Tile
  • Room Length 7: 22.0
  • Room Level 7: First
  • Room Type 7: Balcony/Porch/Lanai
  • Room Width 7: 41.0
Room 8
  • Room Dimensions 8: 12x8
  • Room Features 8: Granite Counters, Walk-In Pantry
  • Room Flooring 8: Laminate
  • Room Length 8: 8.0
  • Room Level 8: First
  • Room Type 8: Kitchen
  • Room Width 8: 12.0
Room 9
  • Room Dimensions 9: 8x8
  • Room Flooring 9: Ceramic Tile
  • Room Length 9: 8.0
  • Room Level 9: First
  • Room Type 9: Dinette
  • Room Width 9: 8.0
Rental
Rental Information
  • Minimum Lease Period: 0
  • Pets Allowed: Cats OK, Dogs OK

Property History for 516 East Lake Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 516 East Lake Drive

Taxable ValueLand-Additions-Total-
Tax Record2023$5,350 ($446 / month)
Home Facts
Beds3Baths2Total Finished SqFt2,362 SqFtAbove Grade Finished SqFt2,362 SqFtStories1Lot Size14,605 SqFtStyleSingle Family ResidenceYear Built1960Year Renovated2005ZoningRSF1CountySARASOTAAPN0045-14-0032Fireplace TypeHas Fireplace

Schools near 516 East Lake Drive

This home is within Sarasota.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Fruitville Elementary School
PublicPK to 5

Mcintosh Middle School
Public6 to 8

Sarasota High School
Public9 to 12

Sarasota Academy Of The Arts
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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516 East Lake Drive is a single family home for sale in Sarasota, FL 34232. This property was listed for sale on January 5, 2024 by RE/MAX ALLIANCE GROUP, it's currently listed at $679,999. It has been on the market for a total of 107 days and was last sold on June 8, 2021. This listing's school district is Sarasota. Nearby schools include Fruitville Elementary School, Mcintosh Middle School and Sarasota High School. 516 East Lake Drive is a 3-bed, 2-bath, 2,362 sqft single family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX ALLIANCE GROUP, Lee Brewer

The information is being provided in part by Southwest Florida Multiple Listing Service, Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2, and MarcoMls. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 Southwest Florida Multiple Listing Service and MarcoMls. All Rights Reserved. The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program ("BR Program") of M.L.S. of Naples, Inc. ("Naples MLS"), under License No. NCOMPN2 and MarcoMls. Properties listed with brokerage firms other than Compass are marked with the "BR House" logo. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the Naples MLS BR Program, or contained in the database compilation of Naples MLS.