505 E Lake Dr, Sarasota, FL 34232
SOLD
DEC 12, 2025

505 E Lake Dr
Sarasota, FL 34232

Fruitville
  • 4 Beds
  • 3 Baths
  • 2,000 sqft (on 0.35 acres)

$515,000

Last Sold: Dec 12, 2025
6% below list $550K
$258/sqft
Est. Refi. Payment $3,205/mo*
Refinance Your Home

$515,000

Last Sold: Dec 12, 2025
6% below list $550K
$258/sqft
Est. Refi. Payment $3,205/mo*
Refinance Your Home
4 Beds
3 Baths
2,000 sqft
(on 0.35 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from December 15, 2025

Home Highlights

Parking
1 Car Garage
Outdoor
Porch, Patio, Pool
View
No Info
HOA
$7/Monthly
Price/Sqft
$258/sqft
Listed
180+ days ago

Home Details for 505 E Lake Dr

Interior Features

Interior Details
Number of Rooms: 7Types of Rooms: Primary Bedroom, Primary Bedroom 2, Bedroom 2, Primary Bathroom, Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2000 Square Feet
Appliances & Utilities
Utilities: Cable Connected, Electricity Connected, PropaneAppliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Refrigerator, Washer, Water Filtration System, Water PurifierDishwasherDisposalDryerLaundry: Laundry ClosetMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Spa: Above Ground, HeatedNo FireplaceHas a Spa
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Blinds, Window TreatmentsDoor: Sliding DoorsFlooring: Ceramic Tile, Luxury Vinyl
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Ceramic Tile, Luxury Vinyl
View
No View

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Enclosed, Front Porch, Patio, ScreenedVegetation: Mature Landscaping, Trees/LandscapedExterior: Irrigation System, Rain GuttersFoundation: Block, SlabHas a Private Pool
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Other Parking: Garage Dimensions: 20x20No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 1Parking: Boat,Driveway,Garage Door Opener,Workshop in Garage
Pool
Pool: Deck, Gunite, Heated, In Ground, Screen EnclosurePool
Frontage
Road Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Septic Tank

Days on Market

Cumulative Days on Market: 21

Property Information

Year Built
Year Built: 1962
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Block, StuccoNot a New ConstructionNot Attached PropertyNo Additional ParcelsDoes Not Include Home Warranty
Property Information
Condition: CompletedParcel Number: 0045140004

Price & Status

Price
List Price: $550,000Price Per Sqft: $258/sqft
Status Change & Dates
Off Market Date: Fri Oct 31 2025Possession Timing: Close Of Escrow

Active Status

MLS Status: Sold

Media

Location

Direction & Address
City: SARASOTACommunity: SHERWOOD ESTATES 3
School Information
Elementary School: Fruitville ElementaryJr High / Middle School: McIntosh MiddleHigh School: Sarasota High

Building

Building Area
Building Area: 2242 Square Feet

Community

Community Features: Deed RestrictionsNot Senior Community

HOA

HOA Name: Suncoast Premier Realty ServicesAssociation for this Listing: Suncoast TampaHas an HOAHOA Fee: $7/Monthly

Lot Information

Lot Area: 0.35 acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: TB8435168Showing Considerations: See RemarksShowing Requirements: Appointment Only, Call Listing Agent, Lockbox - CodedUniversal Property Id: US-12115-N-0045140004-R-N

Additional Information

Deed Restrictions
Last check for updates: about 13 hours ago
Listed by Alice Clark, (863) 602-5970
COLDWELL BANKER REALTY, (813) 253-2444
Julie Morris, (813) 927-7265
RE/MAX REALTY UNLIMITED, (813) 684-0016
Bought with: Dave Beachy, (941) 371-8163, BEACHY PROPERTIES, (941) 371-8163
Originating MLS: Suncoast Tampa
Source: Stellar MLS, MLS#TB8435168
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website.
Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511

Price History for 505 E Lake Dr

DatePriceEventSource
12/12/2025$515,000Sold
Stellar MLS #TB8435168
11/01/2025$550,000PendingStellar MLS #TB8435168
10/10/2025$550,000Listed For SaleStellar MLS #TB8435168
06/10/2024$551,000Sold
Stellar MLS #A4606795
05/22/2024$500,000PendingStellar MLS #A4606795
05/14/2024$500,000PriceChange
Stellar MLS #A4606795
04/22/2024$599,000PriceChange
Stellar MLS #A4606795
04/10/2024$619,000Listed For SaleStellar MLS #A4606795
01/27/2017$345,000Sold
N/A
12/14/2016$349,500PendingAgent Provided
11/07/2016$349,500PriceChange
Agent Provided
10/12/2016$359,500Listed For SaleAgent Provided
07/13/2016$359,950ListingRemovedAgent Provided
06/08/2016$359,950Listed For SaleAgent Provided
09/09/2015$2,250ListingRemovedAgent Provided
09/01/2015$2,250PriceChange
Agent Provided
07/08/2015$2,395Listed For RentAgent Provided
12/12/2014$162,000Sold
Stellar MLS #N5784574
09/12/2014$162,000PriceChange
Agent Provided
05/10/2014$165,000Listed For SaleAgent Provided

Market trends in Sarasota

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$413K
$8.33KMoM
Sale-to-List Price
95.8%
0.1%MoM
Price per sq ft
$256
$4MoM
Available listings
2831
56MoM
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Property Tax and Assessment

Year2025
Tax$5,010
Assessment$415,100
Home facts updated by county records

Homeowner tools

Estimated monthly rent$3,985/mo
List your home for rent

Comparable Sales for 505 E Lake Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4422 N Lake Dr, Sarasota, FL
0.28
Single-Family Home
$515,000
12/08/25
3
2
1,782
5094 Bunyan St, Sarasota, FL
0.54
Single-Family Home
$528,000
12/11/25
3
2.5
2,308
92 Tall Trees Ct, Sarasota, FL
0.21
Single-Family Home
$500,000
08/14/25
3
2
2,003
4301 Brackenwood Ct, Sarasota, FL
0.56
Single-Family Home
$525,000
04/10/26
3
2.5
2,108
732 Tuxford Dr, Sarasota, FL
0.42
Single-Family Home
$420,000
12/02/25
3
2.5
2,050
4453 Little John Trl, Sarasota, FL
0.45
Single-Family Home
$495,000
10/15/25
3
2
1,909
5002 Bunyan St, Sarasota, FL
0.41
Single-Family Home
$547,000
07/31/25
3
2
1,448
4595 Friar Tuck Ln, Sarasota, FL
0.47
Single-Family Home
$415,000
10/30/25
3
2.5
1,686

Nearby homes

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Assigned Schools

These are the assigned schools for 505 E Lake Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Fruitville
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Fruitville

At least 82 Trulia users voted on each feature.

  • 98 % Say it's dog friendly

  • 86 % Say there's holiday spirit

  • 85 % Say parking is easy

  • 80 % Say car is needed

  • 77 % Say it's quiet

  • 74 % Say yards are well-kept

  • 66 % Say there are sidewalks

  • 62 % Say kids play outside

  • 61 % Say people would walk alone at night

  • 60 % Say they plan to stay for at least 5 years

  • 59 % Say neighbors are friendly

  • 58 % Say there's wildlife

  • 57 % Say streets are well-lit

  • 42 % Say it's walkable to grocery stores

  • 38 % Say it's walkable to restaurants

  • 31 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Dana Smith
    "Very busy road close by. Quite dark outside. Mostly younger people. Some kids around but nowhere safe to play. "
    0
    Flag
  • Dana Smith
    "Roads are quite busy but the highway is easily accessible, many businesses in the area, and a short drive to the beach!"
    0
    Flag
  • Trulia User
    "I don’t actually have one. I work from home, but if you walk out of the development, there is a bus stop not too far away if you don’t have a car. Most things are within 20 minutes away from here."
    2
    Flag
  • Trulia User
    "There are Farmers markets on the weekends. Close to the beach and tons of events at UTC year round. It also has a lot of dog parks around town in case you have pets. "
    1
    Flag
  • Trulia User
    "Beautiful weather and atmosphere. Amish restaurants, hotel and goods sold in the area. Very fresh produce. Friendly people. Tons of shopping plazas, everything you could need. Great area, central to beaches, as well."
    3
    Flag
  • Trulia User
    "There’s dog poo everywhere. And very busy roads. Not the best area for dogs that need to get out a lot. Way too much traffic "
    3
    Flag
  • Trulia User
    "Amazing place to raise kids and also to live. When neighbors are not afraid to speak to one another is an amazing thing "
    0
    Flag
  • Staciewilliams
    "Close to utc, restaurants and entertainment. Great area to live in. Benderson park close for exercise. "
    0
    Flag
  • Litaacutt
    "In the subdivision of Cedar Hammock it is safe , peaceful and private. Very neighborly. My children enjoy their culdesa. This community is great for riding bikes and long walks with our dog. Conviniently located by the park and soccer field for even more enjoyment."
    0
    Flag
  • Jlbagnano%40gmail.com
    "Neighborhood is quiet and safe. We have annual garage sales, holiday contests, and barbecues. I have lived here almost 30 years. "
    8
    Flag
  • Genna S.
    "We are close to Cattlemen and can easily take it to Bee Ridge or Fruitville to get on 75. "
    2
    Flag
  • C
    "Every Halloween there is a hot dog block party in the neighborhood. Free food and free beer for the parents. Good music and good vibes"
    8
    Flag
  • Sarathompson941
    "I live here. Great neighborhood! Close to everything. Within walking dostance to restaurants, shops, and more. "
    6
    Flag
  • Sarathompson941
    "Nice place to live. Lived in the area for about 6 years now. People do drive a. It too fast on the back roads, but other than that it’s a quiet neighborhood. "
    1
    Flag
  • Bridgetv99
    "Great neighborhood ... convenient to stores such as publix, target, winndixie, lowes, homedepot.. also great restaurants just around the corner less than 3 mins away."
    0
    Flag
  • Skinnerkoroll
    "we have had community yard sales occasionally. social networking on nextdoor. occasionally socializing at a neighbor party"
    1
    Flag
  • Mike
    "HAVE LIVED HERE 5 YRS LOVE IT . PET FRINDLEY GREAT NEIGHBORS, SAFE , HAS LOTS OF TREES."
    2
    Flag
  • Eileen D. D. B.
    "Pinewood Forest has 2 fresh water lakes. Family friendly neighborhood. Sidewalks and street lights. Easy access to shopping of all sorts. 15 minute to Lido Key Beach and St Armands Circle."
    1
    Flag
  • Sharon M.
    " I live in the Meadows, just a few minutes from this home which was my family home where I raised my children. It is a rental. This area is growing fast. The new University Pkwy. shopping mall is a big plus. The entire area has almost every top store to shop at now. Doctors and medical needs have come to this area too. No more driving to the Ssta Mem Hospital area. Dr's Hospital has brought many doctors to this area. I have lived in this area since 1982 and have watched it grow. Home prices will go up because of all the new stores opening and so many other needs for shopping are now here. This is a quiet neighborhood, speed limit is 25 mph. Safe for kids, pets and nice walks in the evenings. It is an affordable neighborhood to rent or buy in."
    3
    Flag
  • Keith N.
    "This community has Colonial Oaks Park within it, which is a beautiful, multi-use park with a playground, tennis courts and lovely public rooms available for community use. They are often used for yoga, jazzercise and other classes and programs. We love the family and pet friendly spirit of the neighborhood. On the weekends there are always a few great yard sales, too!"
    0
    Flag
  • wyatt s.
    "Small development just off Fruitville. Quiet streets Close to shopping and dining. "
    0
    Flag
  • Corbett D.
    "This neighborhood is a bit of a hidden gem, forgotten by the new massive communities with beige colored houses as far as the eye can see. There is real character here in the tall oak lined streets and numerous lakes. Also, the community park, cared for by the county, is a tremendous feature. Everyone must drive through this neighborhood at some point in there Sarasota travels."
    0
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  • rockwell4325
    "Excellent location. Secluded, Large lots, very well kept homes. Very pet friendly. One mile to Sarasota Christian School, (Pre-k thru 12th grade) within three miles of Brentwood Elementary, Bishop Nevin's/ St. Martha's, and McIntosh Middle. Within five miles of Tatum Elementary and Cardinal Mooney High School. Convenient to shopping, (Target, Publix, Home Depot, Lowes, Beall's, Burlington Coat Factory, etc., etc.!) and fast food, restaurants, Colonial Oaks Park, and the Celery Fields. Easy access to I75. This is close to it all, yet very quiet and secluded neighborhood. No through traffic. Only five minutes to Doctor's Hospital and ten to fifteen minutes to Sarasota Memorial Hospital. Like I said, close to everything! Kids in neighborhood range in age from six to young college age. Incredibly nice and friendly neighbors. "
    0
    Flag
  • dano_c2001
    "I live in this area for 5 years with my fanily, safe and clean and is close to everything...love it"
    0
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Homes for sale near 505 E Lake Dr

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Off Market Homes Near 505 E Lake Dr

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505 E Lake Dr, Sarasota, FL 34232 is a 4 bedroom, 3 bathroom, 2,000 sqft single-family home built in 1962. 505 E Lake Dr is located in Fruitville, Sarasota. This property is not currently available for sale. 505 E Lake Dr was last sold on Dec 12, 2025 for $515,000 (6% lower than the asking price of $550,000). The current Trulia Estimate for 505 E Lake Dr is $504,900.