Skip main navigation
For sale
  • $999,900

    12202 LOBELIA TERRACE, LAKEWOOD RANCH, FL 34202

    4beds
    3,151sqft
    : 
    $6,498/mo
    Get pre-qualified
    Single Family Residence
    Built in 2002
    0.33 Acres Lot
    $966,800 Zestimate®
    $317/sqft
    $9/mo HOA

    What's special

    Move-in ready. Fully renovated. Totally turnkey. Welcome to a beautifully reimagined Lee Wetherington custom home in the heart of Lakewood Ranch, where timeless architecture, all-new bathrooms, and tranquil preserve views come together to deliver an elevated Florida lifestyle. Perfectly positioned on a premium corner homesite in coveted Riverwalk Ridge. This residence pairs the craftsmanship of one of Lakewood Ranch's original custom builders with a top-to-bottom renovation. The sought-after Paloma floor plan offers four bedrooms, three full baths, a private executive office finished with custom cherry built-ins, a formal dining room, an expansive great room, a butler bar, and a generous upstairs bonus room ideal for movie nights, a playroom, or a second living space. Soaring ceilings, crown molding, and tray-ceiling detail set a refined tone, while brand-new seamless luxury vinyl plank flooring, fresh Sherwin-Williams paint throughout, and all-new color-temperature-adjustable LED lighting bring contemporary warmth to every room. Custom built-in cubbies in the laundry room and living room add everyday function, and wood ceiling treatments add character to the heart of the home. At the center of it all, the updated gourmet kitchen is built for gathering. A new designer backsplash, gas range, pot filler, under-cabinet LED lighting, and a new sink and faucet combine style with function, flowing effortlessly into the surrounding living spaces. Every bathroom is brand new. The primary suite is a private retreat, anchored by a spa-inspired bath with exquisite Calcutta quartz countertops, custom shower and floor tile, his-and-her vanities, and designer finishes. Every secondary bath has been fully updated with new vanities, tile, fixtures, and all-new toilets throughout, carrying the same cohesive, thoughtfully themed design from room to room. Step outside to a screened lanai made for Florida living. Newer speckled marble pavers surround a sparkling, recently re-coated pool and spa enhanced with decorative glass tile and a Pebble-Tec finish, a waterfall feature, a brand-new pool pump, and the convenience of Wi-Fi-enabled pool and spa controls. Cedar ceiling treatments add architectural warmth overhead, while the enclosure has been refreshed with no-see-um screening and stainless-steel screws to stand up to the Florida elements, all framed by unspoiled nature preserve views. Set on a rare corner lot, the home delivers standout curb appeal and function: an extra-large driveway with room to spare, coated garage floors, a freshly painted garage, and HEX garage lighting, plus refreshed exterior paint, updated exterior lighting, freshly painted soffits, and all-new door hardware. Best of all, the big-ticket items are already done: a new 2026 charcoal-grey roof backed by a 10-year warranty, a brand-new 4-ton main-house HVAC system, also under warranty, and an electrical panel pre-wired with a generator back-feed for whole-home standby power when Florida weather calls for it. Known as one of Lakewood Ranch's "hidden gems," Riverwalk Ridge places you minutes from Lakewood Ranch Main Street, Waterside Place, premier shopping and dining at UTC, downtown Sarasota, A-rated schools, three area airports, and the Gulf Coast beaches of Siesta Key, Lido Key, Longboat Key, and Anna Maria Island. Refined yet relaxed, private yet exceptionally connected, with the space, setting, and turnkey upgrades to make every day feel like a retreat.
    2 days
    929
    76

    Zillow last checked:

    Listing updated:

    Listed by:

    Danielle Fleming 570-367-1929,

    LPT REALTY, LLC 877-366-2213

    Source: Stellar MLS,MLS#: TB8544273MLS LogoOriginating MLS: Orlando Regional

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 221 Square Feet
      • Dimensions: 13x17
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      • Area: 132 Square Feet
      • Dimensions: 11x12
      Bedroom 3
      • Features: Built-in Closet
      • Level: First
      • Area: 132 Square Feet
      • Dimensions: 11x12
      Bedroom 4
      • Features: Built-in Closet
      • Level: First
      • Area: 132 Square Feet
      • Dimensions: 11x12
      Primary bathroom
      • Features: Tub with Separate Shower Stall
      • Level: First
      Bonus room
      • Features: Storage Closet
      • Level: Second
      • Area: 320 Square Feet
      • Dimensions: 20x16
      Dining room
      • Level: First
      • Area: 154 Square Feet
      • Dimensions: 11x14
      Great room
      • Level: First
      • Area: 320 Square Feet
      • Dimensions: 16x20
      Kitchen
      • Features: Pantry
      • Level: First
      Living room
      • Level: First
      • Area: 208 Square Feet
      • Dimensions: 13x16
      Office
      • Features: Built-in Features
      • Level: First
      • Area: 156 Square Feet
      • Dimensions: 13x12
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Bar Fridge, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener
      • Laundry: Laundry Room
      Features
      • Built-in Features, Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
      • Flooring: Carpet, Luxury Vinyl
      • Doors: Sliding Doors
      • Has fireplace: Yes
      • Fireplace features: Electric
      Interior area
      • Total structure area: 4,871
      • Total interior livable area: 3,151 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage - Attached
      • Attached garage spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Irrigation System, Rain Gutters
      • Has private pool: Yes
      • Pool features: Auto Cleaner, Heated, In Ground, Lighting, Screen Enclosure, Self Cleaning
      • Has spa: Yes
      • Spa features: Heated, In Ground
      • Has view: Yes
      • View description: Trees/Woods
      Lot
      • Size: 0.33 Acres
      Details
      • Parcel number: 587216009
      • Zoning: PDR/WPE/
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Tile
      Condition
      • New construction: No
      • Year built: 2002

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Sprinkler Recycled, Underground Utilities, Water Connected

      Community & HOA

      Community
      • Features: Community Mailbox, Deed Restrictions, Park, Sidewalks, Tennis Court(s)
      • Pet fee: $0 monthly
      • Subdivision: RIVERWALK RIDGE
      HOA
      • Has HOA: Yes
      • HOA fee: $9 monthly
      • HOA name: David Hart
      • HOA phone: 941-907-0202
      • Second HOA name: Summerville/Riverwalk Village Association
      Location
      • Region: Lakewood Ranch

      Financial & listing details

      • Price per square foot: $317/sqft
      • Tax assessed value: $844,672
      • Annual tax amount: $13,531
      • Date on market: 9/4/2026
      • Listing terms: Cash,Conventional,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $966,800

        $918,000 - $1.02M

        $5,716/mo

        Price history

        DateEventPrice
        9/4/2026Listed for sale$999,900+19.7%$317/sqft
        Source: Stellar MLS #TB8544273 Report a problem
        6/24/2026Sold$835,000-7.1%$265/sqft
        Source: Stellar MLS #A4673139 Report a problem
        5/5/2026Pending sale$899,000$285/sqft
        Source: Stellar MLS #A4673139 Report a problem
        4/6/2026Price change$899,000-3.9%$285/sqft
        Source: Stellar MLS #A4673139 Report a problem
        2/15/2026Price change$935,000-4.1%$297/sqft
        Source: Stellar MLS #A4673139 Report a problem
        1/13/2026Price change$975,000-2.4%$309/sqft
        Source: Stellar MLS #A4673139 Report a problem
        12/4/2025Listed for sale$999,000-14.2%$317/sqft
        Source: Stellar MLS #A4673139 Report a problem
        11/1/2022Sold$1,165,000-6.8%$370/sqft
        Source: Public Record Report a problem
        7/2/2022Pending sale$1,250,000$397/sqft
        Source: Stellar MLS #A4538604 Report a problem
        6/22/2022Listed for sale$1,250,000+138.1%$397/sqft
        Source: Stellar MLS #A4538604 Report a problem
        11/14/2014Sold$525,000-16.7%$167/sqft
        Source: Stellar MLS #M5902403 Report a problem
        9/7/2006Sold$630,000+819.7%$200/sqft
        Source: Public Record Report a problem
        1/10/2002Sold$68,500$22/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,532 -8.3%$844,672 -9.7%
        2024$14,749 -1.1%$935,236 -0.2%
        2023$14,914 +98.6%$937,292 +115.8%
        2022$7,509 +0.1%$434,411 +3%
        2021$7,499 +0.8%$421,758 +1.4%
        2020$7,440 +0.6%$415,935 +2.3%
        2019$7,398 $406,584 +1.9%
        2018$7,398 +1.4%$399,003 +2.1%
        2017$7,292 +28.9%$390,796 +2.1%
        2016$5,657 $382,758 +0.7%
        2015$5,657 $380,097 +23.4%
        2014$5,657 -3.2%$308,116 +1.5%
        2013$5,845 +584390%$303,563 +1.7%
        2012$1 $298,489 +3%
        2011$1 $289,795 +1.5%
        2010-- $285,512 -27.8%
        2009$7,240 -2.5%$395,507 -19.8%
        2008$7,426 -12.5%$493,306 -10.4%
        2007$8,482 +27.5%$550,474 +35.1%
        2006$6,650 +0.1%$407,540 +3%
        2005$6,644 +1.8%$395,670 +3%
        2004$6,528 +4.9%$384,146 +1.9%
        2003$6,225 +483.8%$376,983 +528.3%
        2002$1,066 +16%$60,000 +14.3%
        2001$919 +267.5%$52,500 +275%
        2000$250 $14,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 34202

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Robert E Willis Elementary
        • Middle: Nolan Middle
        • High: Lakewood Ranch High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts