Neighborhood · Sarasota, Florida
The Lakes Estates
Established Sarasota living with pools and mature streets
4
Homes for sale
$809,500
Median list price
$320
Avg price / sqft
60
Median days on market
The Lakes Estates sits in the middle of Sarasota's residential heart, a settled community where lots have room to breathe and pool homes are the norm rather than the exception. It's the kind of neighborhood that trades on livability over flash — quiet streets, mature landscaping, and a location that keeps you close to the energy of Arlington Park, the shops of the Rosemary District, and the beaches out toward Lido Key. Compared to the artsy waterfront streets of Indian Beach / Sapphire Shores, this is a more traditional single-family enclave with a steady, family-oriented feel.
For buyers, the market here is tight and moving quickly. There are just 4 active listings right now with a median list price of $842,500, and homes are going under contract in a median of 7 days. Over the past year 11 homes sold at a median of $605,000, with sellers collecting about 94% of asking — so competitive offers matter, but there's still room to negotiate. If you're weighing options across the broader market of Sarasota homes for sale, The Lakes Estates rewards buyers who move decisively.
The Lakes Estates is a community in Sarasota, Florida.
Quick facts
$305,000 – $1.0M price range
2,341 sqft median home
$190/mo median HOA
$4,150/mo median rent
11 sold in 12 months
Drive times
On the market now
Homes for sale in The Lakes Estates
$305,000
4372 TRAILS DRIVE UNIT 15-1, SARASOTA
2 bd · 2 ba · 1,239 sqft
$769,000$795,000
4395 OAK VIEW DRIVE, SARASOTA
4 bd · 2 ba · 2,274 sqft
$850,000$875,000
4627 TRAILS DRIVE, SARASOTA
4 bd · 2.5 ba · 2,407 sqft
$1,045,900
4717 E TRAILS DRIVE, SARASOTA
5 bd · 3.5 ba · 3,037 sqft
Every active listing inside the The Lakes Estates boundary
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Browse The Lakes Estates
By feature — on the live map
Where the market lives
The numbers that matter
The The Lakes Estates market
11
Sold, last 12 months
$605,000
Median sold price
93%
Sale-to-list ratio
What sellers actually get vs asking
68 days
Median time to sell
The Lakes Estates vs Sarasota
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 7.8% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the The Lakes Estates boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools The Lakes Estates is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median The Lakes Estates home
≈ $5,066/mo
$809,500 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$190/mo
Median HOA
From current listings inside the boundary
$4,150/mo
Median rent
Homes for rent inside the boundary
Population
506
Median age
58
Median income
$164,375
Median home value
$584,500
Beyond the listings
Living in The Lakes Estates
Beliefs
Mindfulness & Spirituality
Seeking peace and well-being through meditation, gratitude and spirituality.
Beliefs
Activism
This population seeks to advocate for a more just world. Common activities include protests, rallies, and spreading awareness to the public about social justice issues.
Active
Outdoor Adventures
Appreciating the outdoors, this population wants to actively engage with nature. Whether it's finding a new hiking trail or looking for the perfect spot to catch the sunset, they seek to explore the world around them.
Hobbies & Interests
Green Thumb
From tiny sprouts and window plants, to flower arrangements and designing a landscape, this population has an affinity for all things green.
Active
Yoga Advocates
Improving flexibility, strength, and overall well-being is the yogi's aim. This population is looking for the right community, instruction, and accessories.
Lifestyles
LGBTQ Culture
This population is characterized by the expression of gay pride, gender identity, and accepting alternative lifestyles.
Straight answers
The Lakes Estates FAQs
Is The Lakes Estates a good place to live?+
It's a settled, family-friendly Sarasota neighborhood with roomy pool homes and a central location near Arlington Park and the beaches. The median home is around 2,346 square feet, and the community assigns to Brentwood Elementary, McIntosh Middle, and Sarasota High School — a solid draw for families who want space without leaving the city core.
Is The Lakes Estates expensive?+
It sits in Sarasota's upper-middle range, with a median list price of $842,500 and active homes running from $550,000 to $1,045,900. Only one current listing is priced above $1 million, so most inventory lands in the mid-to-high six figures — competitive but not out of reach for the market.
What do homes cost in The Lakes Estates?+
Current listings average about $326 per square foot, and over the past 12 months 11 homes sold at a median of $605,000. The gap between the $842,500 median list price and that sold figure reflects a mix of home sizes and features — so what you pay depends heavily on the specific property.
How is the market right now?+
It's fast and tight, with just 4 active listings and a median of 7 days on market. Sellers are getting about 94% of asking on average, which tells buyers to come in with a clean, competitive offer while leaving a little room to negotiate on the right home.
What about HOA fees and property taxes?+
The median HOA runs about $190 per month, which is modest for a neighborhood with these amenities. Median property taxes come in around $6,435 per year — typical for Sarasota County homes in this price band.
Keep exploring
More Sarasota neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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