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  4. Exterior
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Listed by COLDWELL BANKER REALTY

Status: Active

505 E Lake Dr 
Sarasota, FL 34232

$550,000

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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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Bedrooms
4
Baths
3
House Size
2,000 sqft
Year Built
1962
Lot Size
0.35 ac

Location

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Interior Information

appliances
Dishwasher
Disposal
Dryer
Ice Maker
Microwave
Range
Refrigerator
Washer
Water Purifier
cooling
Central Air
features
Eat-in Kitchen
Open Floorplan
Walk-in Closet(s)
flooring
Ceramic Tile
heating
Central
Electric
laundry features
Laundry Closet
window features
Blinds

Exterior Information

features
Rain Gutters
patio and porch
Enclosed
Front Porch
Patio
Screened
pool
Gunite
Heated
In Ground
Screen Enclosure
Private
road surface
Paved
roof
Shingle

Property Information

architectural style
Traditional
construction
Block
Stucco
foundation
Block
Slab
hoa fees
$80.00
Annually
lot
Landscaped
Level
Paved
parking
Boat
Driveway
Garage Door Opener
Workshop In Garage
Attached
sewer
Septic Tank
subdivision name
Sherwood Estates 3
utilities
Cable Available
Cable Connected
Electricity Connected
Propane
water source
Private
See Remarks
Well
  • Listed By Alice Clark
  • (813) 253-2444
  • COLDWELL BANKER REALTY
  • (813) 253-2444
  • andre.williamson@floridamoves.com
  • MLS TB8435168

Monthly Payments Calculator

Estimated Monthly Cost

$3,563

30 year fixed·6.9% interest rate
Principal & Interest
$2,898
Property Taxes
$458
Home Insurance
$200
HOA Fees
$7
%

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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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