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USAFLSarasotaSherwood Estates505 E Lake Dr
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505 E Lake Dr, Sarasota, FL

House

For Sale

Listed price in listed location currency (USD).
$550,000

430
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2000 sqft
Garage Yes
Taxes $6,313
Days Active 0
Lot Size 
Approx. Age 1962
Avg. Price Per Sqft $275
MLS® Number TB8435168

Property Address: 505 E Lake Dr, Sarasota, FL, 34232-1919

Average square foot calculated using Size range provided by listing agent.

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
MLS® NumberTB8435168
Laundry LevelLaundry Closet
Central VacNo
FireplaceNo
Acreage0.35
ExteriorRain Gutters, Sliding Doors
GarageYes
Approx. Age1962
Basement
DrivewayBoat, Driveway, Garage Door Opener, Workshop in Garage
Garage Spaces
HeatCentral, Electric
A/CCentral Air
Heating Fuel

Extras

Rooms

Change to metres

Living Room:First22 × 13 ft
Other:First13 × 18 ft
Kitchen:First18 × 11 ft
Other:First6 × 11 ft
Bedroom 2:First13 × 13 ft
Other:First13 × 15 ft
Dining Room:First12 × 11 ft

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 10, 2025List Date
$550,000List Price
May 21, 2024End Date
$551,000Sold Price

Sold

Apr 4, 2025List Date
$500,000List Price

Home Appraisal

This property is estimated to sell between: $507,000 and $572,000.
Similar properties in this area sold on average for: $507,100
Expected to sell in 58 days. Similar properties sold in 58 days. This home has been on eXp Commercial Brokerage for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
Destination Address
505 E Lake Dr, Sarasota, FL

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