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Sold for $850,000
  • $850,000

    4525 N LAKE DRIVE, SARASOTA, FL 34232

    3beds
    2,333sqft
    Single Family Residence
    Built in 1970
    0.86 Acres Lot
    $796,800 Zestimate®
    $364/sqft
    $5,030 Estimated rent

    Home value

    $796,800

    $749,000 - $853,000

    $5,030/mo

    Zestimate® history
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    What's special

    Resort-style poolOpen floorplanElectric panelGranite countertopsVaulted ceilingsBamboo floorsLido beach
    Welcome to your own slice of paradise nestled in the heart of Sarasota! This magnificent home offers the perfect blend of convenience and tranquility, situated minutes away from downtown Sarasota & renowned Sarasota beaches. With no HOA restrictions, you have the freedom to live your life to the fullest. Set on nearly an acre of lush landscape, this property boasts ample space for all your recreational pursuits. Imagine parking your boat & RV right at your doorstep, ready for your next adventure. As you step into the backyard, you'll be greeted by a beautifully landscaped oasis featuring a resort-style pool complete with a captivating rock waterfall, sunshelf with umbrella and playful jets that promise fun for everyone in the family. The pool area overlooks a spring-fed pond teeming with wildlife, from bass to playful otters, creating a serene and picturesque backdrop for relaxation. A charming thatched roof cabana perched beside the pond adds a touch of tropical luxury, providing the perfect spot to unwind and appreciate the natural beauty that surrounds you. Whether you're hosting gatherings with family and friends or savoring peaceful moments by yourself, this home offers endless opportunities for enjoyment. Stepping inside, you'll find a thoughtfully designed interior that seamlessly merges comfort and elegance. The open floorplan effortlessly connects the kitchen and family room, where a wood-burning fireplace adds warmth and character. The dining room and living room provide additional spaces for entertaining and creating cherished memories. The chef-style kitchen is a culinary enthusiast's dream, featuring dove-tailed cabinets, granite countertops, and top-of-the-line Thermador double ovens and warming drawer. Imagine preparing meals while gazing out at the serene pool and pond—a truly soothing experience. The large laundry room and ample storage throughout the home ensure that practicality meets aesthetics. With three large bedrooms and three full bathrooms, this home offers generous living spaces. Bamboo floors grace the living spaces and bedrooms, adding a touch of natural beauty to the interior. Nestled within this enchanting property, an additional gem awaits—a charming "she" shed spanning approximately 300 square feet. With vaulted ceilings that add a sense of spaciousness, this versatile space invites you to unleash your creativity and explore its many possibilities. Whether you envision a home office, an inspiring art studio, or a comfortable man cave, this space is your blank canvas. Key updates have been done to provide peace of mind. A new roof was installed in 2020, the A/C system was replaced in 2018, the electric panel has been upgraded to ensure efficiency and the entire home is on a water treatment/ filtration system, water softener and infrared lights. Just a short four-mile drive will transport you to the vibrant culture, art, and culinary scene of downtown Sarasota. And when you're ready for sun and sand, the world-renowned Siesta Key beach, as well as Lido Beach and the sophisticated St. Armands Circle, are only minutes away. Everyday conveniences, from grocery stores to shopping at the UTC mall and leisurely visits to Nathan Benderson Park, are also within easy reach. This is more than just a home; it's an embodiment of the Florida lifestyle, offering you the chance to live, relax, and play in your very own piece of paradise. Don't miss the opportunity to make this exceptional property yours!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lee Brewer 941-724-3448,

    RE/MAX ALLIANCE GROUP 941-954-5454,

    Laura Way 941-321-6449,

    RE/MAX ALLIANCE GROUP

    Bought with:

    Leiland Theriot, 3495514

    WEICHERT REALTORS HALLMARK PRO

    Source: Stellar MLS,MLS#: A4580292MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Utility Room
    Primary bedroom
    • Features: En Suite Bathroom, Shower No Tub, Walk-In Closet(s)
    • Level: First
    • Dimensions: 14.5x15.8
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 13.8x14.6
    Bathroom 2
    • Level: First
    • Dimensions: 12.1x11.5
    Dining room
    • Level: First
    • Dimensions: 13x13
    Family room
    • Level: First
    • Dimensions: 19x17
    Foyer
    • Level: First
    • Dimensions: 10.5x5.5
    Kitchen
    • Level: First
    • Dimensions: 14x14
    Laundry
    • Level: First
    • Dimensions: 14x5.5
    Living room
    • Level: First
    • Dimensions: 14x13
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer, Water Filtration System, Water Softener
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fan(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Walk-In Closet(s)
    • Flooring: Bamboo, Tile
    • Windows: Window Treatments
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 2,975
    • Total interior livable area: 2,333 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Boat, Garage Faces Side
    • Attached garage spaces: 2
    • Details: Garage Dimensions: 22X23
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Other
    • Has private pool: Yes
    • Pool features: In Ground
    • Has view: Yes
    • View description: Water, Pond
    • Has water view: Yes
    • Water view: Water,Pond
    • Waterfront features: Pond, Pond Access
    Lot
    • Size: 0.86 Acres
    • Features: Landscaped, Oversized Lot
    Details
    • Additional structures: Cabana, Other, Shed(s)
    • Parcel number: 0045110014
    • Zoning: RSF1
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: BB/HS Internet Available, Electricity Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: SHERWOOD ESTATES UN 3
    HOA
    • Has HOA: No
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $364/sqft
    • Tax assessed value: $614,200
    • Annual tax amount: $6,506
    • Date on market: 8/21/2023
    • Cumulative days on market: 5 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    10/11/2023Sold$850,000$364/sqft
    Source: Stellar MLS #A4580292 Report a problem
    8/27/2023Pending sale$850,000$364/sqft
    Source: Stellar MLS #A4580292 Report a problem
    8/23/2023Listed for sale$850,000+132.9%$364/sqft
    Source: Stellar MLS #A4580292 Report a problem
    10/7/2014Sold$365,000-5.2%$156/sqft
    Source: Public Record Report a problem
    9/2/2014Price change$385,000-3.1%$165/sqft
    Source: Exit King Realty #A4103204 Report a problem
    8/10/2014Listed for sale$397,500+72.8%$170/sqft
    Source: Exit King Realty #A4103204 Report a problem
    6/2/2003Sold$230,000$99/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,926 -0.8%$614,200 -1.6%
    2024$7,988 +16.4%$624,400 +30.9%
    2023$6,865 +5.5%$476,861 +10%
    2022$6,506 +20.8%$433,510 +10%
    2021$5,388 +3.4%$394,100 +5.7%
    2020$5,213 +11.1%$372,700 +11.3%
    2019$4,690 $334,800 -0.2%
    2018$4,690 +0.2%$335,600 +5.6%
    2017$4,682 +11.4%$317,700 +1.7%
    2016$4,204 $312,300 +11.9%
    2015$4,204 +106.3%$279,000 +88.3%
    2014$2,038 +0.2%$148,177
    2013$2,034 +2.6%$148,177 +1.7%
    2012$1,983 -0.6%$145,700 -2%
    2011$1,995 -21.6%$148,700 -18.9%
    2010$2,544 -7.9%$183,400 -8.8%
    2009$2,763 $201,100 -3.4%
    2008$2,763 -2.7%$208,128 +3%
    2007$2,840 $202,066 +2.5%
    2006-- $197,138 +6.6%
    2005-- $184,988 +3%
    2004$2,865 +35.4%$179,600 +43%
    2003$2,116 -2%$125,604 +2.4%
    2002$2,160 +6.9%$122,660 +1.6%
    2001$2,021 +2.3%$120,728 +3%
    2000$1,975 $117,212
    Find assessor info on the county website

    Neighborhood: Fruitville

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fruitville Elementary
    • Middle: McIntosh 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
    $796,800
    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
    $796,800