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$489,000   Price Analysis
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5158 Lancewood Dr # 8
Sarasota, FL 34232
3 bed 3 bath 1,923 SqFt ($254/SqFt)
Built 1982
Listed 2024-04-11, HOA $729, Taxes $1,522
Ⓧ USDA Ineligible
due to location

near Sarasota

Welcome to Arboreal

Where tranquility meets luxury living in the heart of Sarasota! Tucked away in a serene enclave surrounded by lush tropical foliage and majestic oak trees, this hidden gem offers the ultimate retreat with 30 other homes sharing the splendor of this natural paradise. Boasting 3 bedrooms, 2 and a half baths and nearly 2, 000 square feet of impeccably designed living space, this residence is a testament to refined comfort and style. Step inside to discover the first floor adorned with stunning Brazilian cherry wood floors and a captivating stone wood-burning fireplace, creating a warm and inviting ambiance. Skylights and expansive windows flood the home with natural light, accentuating the soaring ceilings and providing breathtaking views of the surrounding nature from every angle. The oversized kitchen is a chef's dream, complete with ample cabinetry, an eat-in space, a separate grilling area and a cozy gathering spot for friends and family. A guest bedroom, ideal for visitors or a home office and a convenient half bathroom complete the main level. Ascend the staircase to find the luxurious owner's suite, feturing an ensuite bathroom with dual sinks and a private balcony where you can awaken to the sights and sounds of the outdoors.

Another sizeable bedroom with its own ensuite bathroom ensures privacy and comfort for all. Experience the quintessential Floridian lifestyle with four outdoor living areas, including front and back wood decks with a rejuvenating hot tub and a covered outdoor space perfect for year-round enjoyment. This home offers peace of mind with recent upgrades, including a new AC unit and water heater replaced in 2023, along with updated appliances and a newer roof (covered by HOA). Residents of Arboreal also enjoy access to a community clubhouse with an oversized pool and tennis court for leisurely activities. Conveniently located minutes from the world-renowned Siesta Key Beach and downtown Sarasota, you'll have easy access to a myriad of cultural, culinary and recreational attractions. Explore the vibrant arts scene at the Sarasota Opera House and Art Museum or indulge in the eclectic dining options and lively entertainment in downtown Sarasota. Venture further to discover nearby attractions such as the Marie Selby Botanical Gardens, The John and Mable Ringling Museum of Art and Myakka River State Park. For added convenience, hop on I-75 for a short drive to experience the amenities of Lakewood Ranch. With its idyllic setting, luxurious amenities and proximity to all that Sarasota has to offer, this home presents an unparalleled opportunity for refined living. Don't miss your chance to make Arboreal your own personal sanctuary - schedule your showing today!


Presented by Keith Curcio at
MavRealty.


Property MLS #A4606556 from StellarMLS

Bedrooms: 3
Primary Bedroom Dimensions: 12 x 22
Bedroom 2 Dimensions: 14 x 12
Bedroom 3 Dimensions: 13 x 12
Primary Bedroom Level: Second
Bedroom 2 Level: Second
Bedroom 3 Level: First

Total Rooms: 10
Primary Bathroom: 5 x 12
Primary Bathroom Level: Second
Living Room Dimensions: 16 x 23
Living Room Level: First
Extra Room-1 Description: Attic, Great Room, Inside Utility, Storage Rooms

Total Bathrooms: 3
Full Bathrooms: 2
1/2 Bathrooms: 1
Bathroom 2 Dimensions: 8 x 5
Bathroom 2 Level: Second
Bathroom 3 Level: First

Cathedral Ceiling(s)
Ceiling Fans(s)
Eat-in Kitchen
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
PrimaryBedroom Upstairs
Skylight(s)
Solid Surface Counters
Split Bedroom
Vaulted Ceiling(s)
Walk-In Closet(s)
Window Treatments
Furnished Description: Unfurnished
Flooring: Carpet, Ceramic Tile, Laminate, Wood
Window Features: Double Pane Windows, Drapes, Rods, Window Treatments

Cooktop
Dishwasher
Dryer
Electric Water Heater
Exhaust Fan
Microwave
Range
Refrigerator
Washer
Wine Refrigerator
Laundry Features: Inside, Laundry Room

Cooling Features: Central Air
Fireplace Features: Free Standing, Living Room, Masonry, Stone, Wood Burning
Heating Features: Central

Dining Room Dimensions: 12 x 12
Dining Room Level: First
Kitchen Dimensions: 23 x 12
Kitchen Level: First

Balcony
Sliding Doors
Storage
Tennis Court(s)
Other Structures: Storage, Tennis Court(s)
Road Surface Type: Asphalt
Porch Dimensions: 6 x 11
Porch Level: Second

Carport Spaces: 2
Parking Features: Covered, Curb Parking, Driveway, Ground Level, Guest, Off Street, Open, RV Parking

Lot Description: Landscaped, Paved

View: Trees/Woods

Association: Yes
Association Amenities: Clubhouse, Fitness Center, Maintenance, Pool, Recreation Facilities, Spa/Hot Tub, Tennis Court(s), Trail(s)
Association Fee Frequency: Monthly
Association Fee Includes: Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Recreational Facilities, Trash
Calculated Total Monthly Association Fees: 729
Association Name: John Bartolome
Pets Allowed: Cats OK, Dogs OK, Number Limit, Yes
Pet Description: Pet Restrictions: Please refer to the rules and regulations for additional pet information., Number Of Pets: 2

Elementary School: Brentwood Elementary
High School: Sarasota High
Middle School: McIntosh Middle

Brentwood Elementary School is a public elementary school located approximately 0.4 miles away.
directions icon Map directions

Mcintosh Middle School is a public middle school located approximately 1.4 miles away.
directions icon Map directions

Sarasota High School is a public high school located approximately 3.8 miles away.
directions icon Map directions

Potter's Wheel Academy is a private elementary, middle and high school located approximately 0.3 miles away.
directions icon Map directions

Unit Floor In Building: 1

Lease Term: Minimum Lease: 1-2 Years

Community Features: Buyer Approval Required, Clubhouse, Deed Restrictions, Pool, Tennis Courts

Annual Tax Amount: 1565.069999999
Source Listing Status: Active
County: Sarasota
Directions: LOCAL: Arboreal Development is located off of Webber St, between McIntosh Rd. and Honore Ave. Arboretum Circle, access road into Arboreal, is on the northside of Webber St. --- FROM THE NORTH: I-75 South, take Exit 207 Bee Ridge Rd and 758. Turn RIGHT on Bee Ridge Road. FROM THE SOUTH: I-75 North, take Exit 207 Bee Ridge Rd/758. Turn LEFT on Bee Ridge road. --- THEN TURN RIGHT on Cattlemen Rd. Turn LEFT on Webber St. Turn RIGHT on Arboretum Circle. ============ Once you're on Arboretum Circle, take the FIRST RIGHT and make a hard right turn. Follow around, destination will be on the right.
Tax Year: 2023
Ownership: Condominium
Source Property Type: Residential
Area: 34232 - Sarasota/Fruitville
Property Subtype: condo
Source Neighborhood: ARBOREAL PH 1
Parcel Number: 0062081008
Postal Code Plus 4: 4329
Subdivision: ARBOREAL PH 1
Township: 36S
Zoning: RSF3
Property Features: Condo Fees: 729 Monthly
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$114,250
$1,522
2021$unknown + $unknown
$110,922
$1,480
2020$unknown + $unknown
$109,391
$1,466
2019$unknown + $unknown
$106,932
$1,400
2018$unknown + $unknown
$104,938
$1,353
2017$unknown + $unknown
$102,780
$1,343
2016$unknown + $unknown
$100,666
$1,352
2015$unknown + $unknown
$98,432
$1,348
2014$unknown + $unknown
$97,651
$1,341
2013$unknown + $unknown
$96,208
$1,336
2012$unknown + $unknown
$94,600
$1,304
2011$unknown + $unknown
$94,600
$1,289
2010$unknown + $unknown
$97,755
$1,380
2009$unknown + $unknown
$95,185
$1,330
2008$unknown + $unknown
$95,090
$1,323
2007$unknown + $unknown
$92,320
$1,432

Listed 2024-04-11
$489,000
StellarMLS
Listing removed 2024-03-08
$535,000
StellarMLS
Listed 2023-10-26
$535,000
StellarMLS
Sold 1994-09-12
$112,000
Public Record
Sold 1983-08-01
$94,500
Public Record

Total Square Feet Living: 1923
Year Built: 1982
Building Area Source: Public Records
Building Area Total: 2361
Construction Materials: Stucco, Wood Siding
Direction Faces: Northwest
Foundation Details: Slab
Levels: Two
Property Age: 42
Property Condition: Completed
Roof: Shingle
Levels or Stories: 2
Building Total Stories: 2

Sewer: Public Sewer
BB/HS Internet Available
Cable Available
Electricity Connected
Fiber Optics
Fire Hydrant
Phone Available
Public
Sewer Connected
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.