$850,000
$150K PRICE DROP

3010 E Forest Lake Dr Sarasota, FL 34232

Estimated payment $5,429/month

Total Views 5,364
0.64 Acre
$1,328,125 Price per Acre
27,878 Sq Ft Lot

Highlights

  • 120 Feet of Lake Waterfront
  • Brookside Middle School Rated A-
  • 0.64 Acre Lot

About This Lot

Discover the charm of Old Forest Lakes, a coveted neighborhood where homes are rarely available. This is your chance to breathe new life into an existing residence or craft your dream estate on this expansive nearly 3⁄4 acre lot. Nestled in the heart of Sarasota, you'll find the magnificent 9-acre winding lake at the center of this picturesque community, surrounded by beautifully curving streets and 75 estate-sized home sites.
Imagine waking up to the grandeur of stately old oak trees that not only create a stunning backdrop but also provide a sanctuary for local birds and wildlife. With no deed restrictions, the possibilities are limitless-design a sprawling estate that accommodates gates, ancillary dwellings, and separate garages tailored to your lifestyle.
This hidden gem is ideally situated just minutes from downtown Sarasota, offering easy access to exquisite dining, vibrant arts, premier shopping, reputable hospitals, and both public and private schools. Plus, you're just a short drive from our stunning beaches and coastlines. Don't miss this rare opportunity to make your mark in one of Sarasota's most desirable neighborhoods. Complete set of plans and renderings designed for a custom-built home on this property are available. Seller financing available.

Listing Agent

Thomas Arthur, III

MICHAEL SAUNDERS & COMPANY Brokerage Phone: 941-907-9595 License #3332050 Listed on: 05/09/2025

MICHAEL SAUNDERS & COMPANY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,053

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 146x208x120x190
  • 120 Feet of Lake Waterfront
  • Lake Front
  • Property is zoned RE2

HOA Fees

  • $21 Monthly HOA Fees

Property Views

  • Lake Views

Community Details

  • Old Forest Lake Association
  • Forest Lakes Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / D
  • Assessor Parcel Number 0061060012

Property Details

Property Type

Land

Est. Annual Taxes

$9,053

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.64
  • Lot Size Sq Ft: 28065
  • Directions to Property: Webber to E Forest Lake Drive. Home is on the corner of E Forest Lake Drive and W Forest Lake Drive. There is also an entrance off Bee Ridge
  • Status: Active
  • Street Direction: E
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046728
  • RATIO Current Price By Calculate: 30.29
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Attribution Contact: 941-907-9595
  • Tax Year: 2024
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 3010

Exterior Features

  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 120
  • Flood Zone Date: 2024-03-27
  • Flood Zone Panel: 12115C0161G
  • Water Frontage Feet Lake: 120
  • Price Per Acre: 1328125

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250
  • Association Name: Old Forest Lake Association
  • Association: Yes
  • Association 2 YN: 0
  • Pet Restrictions: See Sarasota County Rules
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 250.00
  • Total Monthly Fees: 20.83

Lot Info

  • Zoning: RE2
  • Parcel Number: 0061060012
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 146X208X120X190
  • Flood Zone Code: X
  • Lot Size Square Meters: 2607

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 9053
  • Tax Block: D
  • Tax Book Number: 7-81
  • Tax Lot: 5

Multi Family

  • Waterfront Features: Lake Front

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,129 $697,600 $496,200 $201,400
2023 $9,129 $706,500 $480,700 $225,800
2022 $8,600 $658,500 $434,200 $224,300
2021 $2,863 $200,115 $0 $0
2020 $2,841 $197,352 $0 $0
2019 $2,743 $192,915 $0 $0
2018 $2,674 $189,318 $0 $0
2017 $2,652 $185,424 $0 $0
2016 $2,626 $323,800 $153,800 $170,000
2015 $2,668 $364,400 $210,900 $153,500
2014 $2,664 $176,273 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Price Changed $850,000 -2.9% --
07/21/2025 07/21/25 Price Changed $875,000 -2.8% --
07/07/2025 07/07/25 Price Changed $900,000 -2.7% --
06/26/2025 06/26/25 Price Changed $925,000 -2.6% --
06/11/2025 06/11/25 Price Changed $950,000 -2.6% --
05/28/2025 05/28/25 Price Changed $975,000 -2.5% --
05/09/2025 05/09/25 For Sale $1,000,000 +8.1% --
03/01/2022 03/01/22 Sold $925,000 -7.5% $325 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $1,000,000 +33.3% $351 / Sq Ft
11/03/2021 11/03/21 Sold $750,000 0.0% $263 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $750,000 -- $263 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,050,000 Berlin Patten Ebling Pllc
Warranty Deed $925,000 Berlin Patten Ebling Pllc
Warranty Deed $750,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $350,000 Seller Take Back
Previous Owner $320,000 Credit Line Revolving
Source: Public Records

Source: Stellar MLS

MLS Number: A4652103

Stellar MLS

APN: 0061-06-0012