by Global Lifestyle Properties

See Home Value
$650,000
● House - Off Market

5696 FERRARA DRIVE

SARASOTA, FL 34238
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,201 Ft²
$5,313
Est. Monthly
$1,472
HOA / Fees

About This Property

Perfectly positioned on a premium lakefront homesite in VillageWalk, this expanded Oakmont model offers 2,201 square feet of thoughtfully designed living space, blending comfort, functionality, and effortless Florida living. From the moment you step inside, the home feels elevated yet inviting, with luxury vinyl flooring flowing throughout and a custom stone accent wall with an electric fireplace creating a warm focal point in the main living area. The open layout is enhanced by soaring ceilings and seamless indoor-outdoor connection, leading to an oversized screened lanai with tranquil water views, updated with new screening in 2023-an ideal setting for both quiet mornings and evening entertaining. The kitchen has been tastefully updated to balance style and practicality, featuring expanded quartz countertops, a modern tile backsplash, reconfigured cabinetry for optimal storage, and stainless steel appliances, including a newer refrigerator (2024) and dishwasher (2026). Adjacent living and dining spaces make everyday living feel easy while still offering the flexibility to host. The home's split floor plan provides privacy and versatility, including three bedrooms plus a den or office, along with updated bathrooms showcasing refreshed countertops, fixtures, and lighting. Major system upgrades offers peace of mind, including hurricane impact windows and sliders (2022–2023) and a high-efficiency Daikin HVAC heat pump (2021). Additional functional enhancements such as a circulating pump on the hot water heater and a thoughtfully designed laundry room with added storage further elevate the home's livability. Even the garage has been upgraded to maximize utility, featuring an epoxied floor, built-in workbench, custom storage solutions, a secondary refrigerator, and access to floored attic storage. Set within the highly sought-after VillageWalk community in Palmer Ranch, residents enjoy a true resort lifestyle with a clubhouse, fitness center, tennis and pickleball courts, restaurant/tiki bar, 2 pools, walking/biking trails, and much more, amid beautifully maintained grounds and picturesque lake-all just minutes from shopping, dining, the Legacy Trail, and Sarasota's world-renowned beaches.
Unit Size
2,201 Ft²
Days on Market
58 days
Land Size
0.16 acres
Price per sqft
$307
Property Type
House
Property Taxes
$526
HOA Dues
$1,472
Year Built
2002

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Last updated: 6 months ago (Stellar MLS #A4686855)

Price History

Date / Event Date Event Price
May 18, 2026 Sold
Sold
Mar 28, 2026 In contract -
In contract
Mar 21, 2026 Listed by COLDWELL BANKER REALTY $675,000
Listed by COLDWELL BANKER REALTY
Nov 2, 2021 Sold
Sold
Jul 31, 2017 Listed $469,900
Listed
PRICE REDUCED $10,000! Enjoy the casual resort lifestyle amidst the lake and nature trails of Village Walk, one of Palmer Ranch's most popular maintenance free communities. This expanded Oakmont model is on a premium lot with direct lake views. The open floor plan is complimented by double sliding doors opening onto the 20 x 40 screened lanai with an electric awning. Quality DiVosta construction with poured, steel reinforced walls, 8 ft doors in the interior along with volume ceilings. 3 bedrooms plus a den or office. Granite counter tops in the kitchen along with glass tile back splash. Granite counters with vessel or under mount sinks in the bathrooms. Village Walk amenities include a expansive clubhouse, planned social activities, a large state of the art exercise room, heated lagoon and lap pools, lighted Har-Tru tennis courts, cafe, miles of walking or biking paths. This well maintained home is in close proximity to shopping, restaurants, the Legacy Trail and Sarasota's world renowned beaches.The manager has listed the unit size as 2201 square feet.
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Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 5
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 111
  • Pool Type: 0
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 7,074
  • Total Building Area: 2,642
  • Gross Building Area: 2,695
  • Building Area: 2,201
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,201
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGEWALK UNIT 1B
  • Land Acres: 0000000162
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 163 VILLAGEWALK UNIT 1B

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 002014

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 29D
  • Account Number: 0136020024
  • Subdivision Tract Number: 2849
  • Parcel: 0136-02-0024
  • Lot: 163
  • Meridian: SEC 36 TWN 37S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.2244
  • Longitude: -82.4547

    Address

  • Full Address: 5696 Ferrara Dr
  • Legal Unit: 1B
  • Address - House Number: 5696
  • Address - Street Name: Ferrara
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: R059
  • 4-Digit Zip Code: 4713
  • Zip Code: 34238

Valuation

    Tax

  • Total Area: 2,695
  • Tax Year: 2023
  • Tax Amount: $587,377
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1882
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 75
  • Final Value: 705,526
  • High Value: 838,339
  • Low Value: 572,712

    Market Valuation

  • Market Total Value: $510,600
  • Market Land Value: $124,100
  • Market Improvement Value: $386,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $491,928

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 02, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021198976
  • Previous Sale Recording Date: May 16, 2006
  • Previous Sale Contract Date: May 15, 2006
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Palmer Ranch


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Frequently Asked Questions

When was property at 5696 Ferrara Drive built and last sold?
The property at 5696 Ferrara Drive was built in 2002 and last sold on Oct 29, 2021 for $550,000.
How much is this home worth?
The estimated value of the home located at 5696 Ferrara Drive is $0.
What are some comparable homes to 5696 Ferrara Drive?
There are currently no comparable homes to 5696 Ferrara Drive.