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Sold for $500,000
  • $500,000

    3831 E FOREST LAKE DRIVE, SARASOTA, FL 34232

    5beds
    2,917sqft
    Single Family Residence
    Built in 1954
    0.76 Acres Lot
    $474,400 Zestimate®
    $171/sqft
    $5,647 Estimated rent

    Home value

    $474,400

    $427,000 - $527,000

    $5,647/mo

    Zestimate® history
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    What's special

    In-law suiteFenced areaBonus spaceExtra living spaceBackyard oasisDouble master
    Being sold for lot value only! Your chance to own 0.76 acres in the highly-sought after community of Old Forest Lakes has arrived. West of I-75 and located in the heart of Sarasota, this property sits waiting for your personal touch. This huge lot gives you plenty of space to add a pool/spa and create a backyard oasis suited to your liking. There is ample space for all the boat and R/V toys and a fenced area to store them in. With 5 bedrooms and 3 full bathrooms, there is enough room for everyone to have their own space. This house has the potential to have both a double master, AND an additional in-law suite. You can also use the bonus space for storage, an office, or extra living space. Expand on what's already there and complete the renovations needed, or start fresh and build your own custom dream home. Less than 5 miles from one of the top ranked beaches in the country, Siesta Key. Additionally, the legacy trail in only minutes away. Downtown Sarasota, St. Armands, other area beaches, and all the major shopping and restaurant hubs in Sarasota are also only a short drive away. Don't miss this opportunity to own this gem of a property in the beautiful Old Forest Lakes community.

    Zillow last checked:

    Listing updated:

    Listed by:

    Shana Hamel, PLL 941-724-6400,

    COMPASS FLORIDA LLC 941-279-3630

    Bought with:

    William Pittman, 3012952

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: A4577807MLS LogoOriginating MLS: Port Charlotte

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Bonus Room, Storage Rooms
    Primary bedroom
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Area: 210 Square Feet
    • Dimensions: 14x15
    Other
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Area: 231 Square Feet
    • Dimensions: 11x21
    Bedroom 3
    • Features: Walk-In Closet(s)
    • Level: First
    • Area: 181.5 Square Feet
    • Dimensions: 11x16.5
    Bedroom 4
    • Features: Built-in Closet
    • Level: First
    • Area: 110 Square Feet
    • Dimensions: 10x11
    Bedroom 5
    • Level: First
    • Area: 80 Square Feet
    • Dimensions: 8x10
    Bonus room
    • Level: First
    • Area: 286 Square Feet
    • Dimensions: 13x22
    Kitchen
    • Level: First
    • Area: 210 Square Feet
    • Dimensions: 10.5x20
    Living room
    • Features: Ceiling Fan(s)
    • Level: First
    • Area: 333 Square Feet
    • Dimensions: 18x18.5
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Disposal, Electric Water Heater
    • Laundry: Inside
    Features
    • Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
    • Flooring: Carpet, Concrete, Linoleum, Tile
    • Doors: Sliding Doors
    • Windows: Drapes, Rods, Shades, Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 4,363
    • Total interior livable area: 2,917 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Circular Driveway, Driveway, Garage Faces Side, Oversized
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions: 22x25
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio, Rear Porch, Side Porch
    • Exterior features: Private Mailbox
    • Fencing: Vinyl,Wood
    Lot
    • Size: 0.76 Acres
    • Dimensions: 190 x 175
    • Features: Corner Lot, In County, Landscaped, Near Public Transit, Oversized Lot, Private
    • Residential vegetation: Trees/Landscaped
    Details
    • Parcel number: 0061140014
    • Zoning: RE2
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida,Ranch
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Fixer
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Sprinkler Well, Water Connected

    Community & HOA

    Community
    • Security: Security System
    • Pet fee: $0 monthly
    • Subdivision: FOREST LAKES
    HOA
    • Has HOA: Yes
    • HOA fee: $21 monthly
    • HOA name: Ann Lupo
    • HOA phone: 941-350-8346
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $171/sqft
    • Tax assessed value: $408,700
    • Annual tax amount: $2,687
    • Date on market: 7/27/2023
    • Cumulative days on market: 474 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    5/13/2025Sold$500,000-16.5%$171/sqft
    Source: Stellar MLS #A4577807 Report a problem
    12/17/2024Pending sale$599,000$205/sqft
    Source: Stellar MLS #A4577807 Report a problem
    6/15/2024Price change$599,000-4%$205/sqft
    Source: Stellar MLS #A4577807 Report a problem
    6/12/2024Listed for sale$624,000$214/sqft
    Source: Stellar MLS #A4577807 Report a problem
    6/5/2024Pending sale$624,000$214/sqft
    Source: Stellar MLS #A4577807 Report a problem
    5/24/2024Price change$624,000-4%$214/sqft
    Source: Stellar MLS #A4577807 Report a problem
    5/14/2024Listed for sale$650,000$223/sqft
    Source: Stellar MLS #A4577807 Report a problem
    5/8/2024Pending sale$650,000$223/sqft
    Source: Stellar MLS #A4577807 Report a problem
    4/12/2024Price change$650,000-7.1%$223/sqft
    Source: Stellar MLS #A4577807 Report a problem
    3/29/2024Listed for sale$700,000$240/sqft
    Source: Stellar MLS #A4577807 Report a problem
    3/21/2024Pending sale$700,000$240/sqft
    Source: Stellar MLS #A4577807 Report a problem
    2/23/2024Price change$700,000-9.6%$240/sqft
    Source: Stellar MLS #A4577807 Report a problem
    2/10/2024Pending sale$774,000$265/sqft
    Source: Stellar MLS #A4577807 Report a problem
    1/25/2024Price change$774,000-3.1%$265/sqft
    Source: Stellar MLS #A4577807 Report a problem
    1/8/2024Price change$799,000-6%$274/sqft
    Source: Stellar MLS #A4577807 Report a problem
    10/20/2023Price change$850,000-2.9%$291/sqft
    Source: Stellar MLS #A4577807 Report a problem
    8/21/2023Price change$875,000-5.4%$300/sqft
    Source: Stellar MLS #A4577807 Report a problem
    7/27/2023Listed for sale$925,000$317/sqft
    Source: Stellar MLS #A4577807 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,727 -11.7%$408,700 -14.5%
    2024$6,485 -2.5%$477,800 -3.6%
    2023$6,652 +147.6%$495,700 +155.3%
    2022$2,687 -0.2%$194,197 +3%
    2021$2,694 +0.8%$188,541 +1.4%
    2020$2,672 +3.6%$185,938 +2.3%
    2019$2,578 $181,758 -54.3%
    2018$2,578 +2.6%$397,800 +127.7%
    2017$2,512 +5.8%$174,700 -31.8%
    2016$2,375 $256,200 +5%
    2015$2,375 +0.1%$243,900 +59.7%
    2014$2,372 +0.1%$152,719
    2013$2,370 +2.3%$152,719 +1.7%
    2012$2,317 +3.8%$150,166 +3%
    2011$2,232 -2.2%$145,792 +1.5%
    2010$2,283 +12.4%$143,637 +2.7%
    2009$2,030 $139,861 +0.1%
    2008$2,030 -3.6%$139,721 +3%
    2007$2,107 $135,651 +2.5%
    2006-- $132,342 +3%
    2005-- $128,487 +3%
    2004$2,130 -1%$124,745 +1.9%
    2003$2,151 -1.9%$122,419 +2.4%
    2002$2,192 +5.7%$119,550 +1.6%
    2001$2,074 +1.7%$117,667 +3%
    2000$2,040 $114,240
    Find assessor info on the county website

    Neighborhood: Sarasota Springs

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wilkinson Elementary
    • Middle: Brookside Middle
    • High: Sarasota High

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

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    Estimated market value
    $474,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $474,400