$315,000
SOLD MAY 28, 2026

4040 Cascade Falls Dr Sarasota, FL 34243

Whitfield Area
2 Beds
2 Baths
1,576 Sq Ft
4,064 Sq Ft Lot

Sale Details

Date Sold: May 28, 2026

$200 Per Sq Ft

17% Below List Price

51 Days on Market

Highlights

  • 32 Feet of Lake Waterfront
  • Active Adult
  • Open Floorplan
  • Fitness Center
  • Gated Community
  • Community Lake

About This Home

As of May 2026

Beautifully maintained, furniture optional, 2 bedroom plus den, 2-bathroom, 2 car garage home in a desirable 55+ community offering comfort, functionality, and key updates. This home was gently used as a second home. Enjoy peace of mind with a BRAND-NEW AIR CONDITIONER. The spacious interior features large diagonal tile flooring, creating an open, upscale feel. The living and dining carpeted areas provide a generous layout perfect for relaxing or entertaining. Enjoy views of the spacious screened lanai and lake views through two large sliders. The screened lanai is perfect for enjoying beautiful Florida weather. A versatile carpeted office/den with double-door entry adds flexibility for hobbies or guests. The eat-in kitchen offers a gas range, refrigerator, ample cabinetry, breakfast bar, pantry and easy-care tile flooring. The primary ensuite with lake views includes a well-sized bedroom with sliding doors overlooking the lanai. You get a walk-in closet and regular closet. The primary bathroom has higher dual sink vanity counters, linen storage, and an upgraded deep-soaking tub for a spa-like retreat. The guest bedroom features a regular closet and cozy carpeting. Guest bath includes a single sink and tub/ shower combination with updated fixtures. All the appliances are conveying including the washer and dryer in the laundry area. Lots of storage in this home. Wired for ceiling fans. The garage is a standout feature with storage lockers, workbench, and hanging racks — perfect for organization and projects. American Home Shield home warranty transfers to the new owner. A wonderful opportunity to enjoy low-maintenance living in this active 55+ community. Lakeridge Falls is a 24 hour-guard gated community. It offers an updated clubhouse with grand salon for a full array of activities, state-of-art fitness center, card room, billiards room, resort style heated lap pool and spa, bocce ball courts and its own private sandy beach. Walking trails and beautiful lakes are another of its many attractive features. The community is located conveniently close to shopping at the UTC Mall, restaurants, grocery stores, coffee shops, world awarded beaches and the Sarasota airport. Your next chapter starts here, contact us today to set up a viewing.

Last Agent to Sell the Property

Marie Avery-Withers

COLDWELL BANKER REALTY Brokerage Phone: 941-907-1033 License #0603401 Listed on: 02/21/2026

COLDWELL BANKER REALTY

Co-Listed By

Danny Withers

COLDWELL BANKER REALTY Brokerage Phone: 941-907-1033 License #0674050

Last Buyer's Agent

Marie Avery-Withers

COLDWELL BANKER REALTY Brokerage Phone: 941-907-1033 License #0603401 Listed on: 02/21/2026

COLDWELL BANKER REALTY
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,427

Year Built

  • Built in 2003

Lot Details

  • 4,064 Sq Ft Lot
  • Lot Dimensions are 32x127
  • 32 Feet of Lake Waterfront
  • Lake Front
  • East Facing Home
  • Mature Landscaping
  • Property is zoned PDMU

HOA Fees

  • $371 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,576 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Blinds
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Home Office
  • Inside Utility
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Rain Gutters
  • Private Mailbox

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include 24-Hour Guard, common area taxes, pool, escrow reserves fund, fidelity bond, ground maintenance, management, private road, recreational facilities
  • Lakeridge Falls / Oded Neeman Association, Phone Number (941) 360-1046
  • Visit Association Website
  • Built by Centex
  • Lakeridge Falls Ph 1C Subdivision, The Sutton Floorplan
  • Lakeridge Falls Community
  • On-Site Maintenance
  • The community has rules related to deed restrictions, fencing, allowable golf cart usage in the community
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,427

Year Built

Built in 2003

Lot Details

4,064 Sq Ft Lot

HOA Fees

$371 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Maintenance Grounds, Management, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1576
  • Lot Size Acres: 0.09
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 2215
  • Lot Size Sq Ft: 4064
  • Status: Sold
  • Co List Office Mls Id: MFR281504941
  • Co List Office Phone: 941-907-1033
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 205.78
  • Escrow State: FL
  • Minimum Lease: 6 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 199.87
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Planned Unit Development Yn: 1
  • Property Description: Corner Unit
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Lake
  • Attribution Contact: 941-907-1033
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Additional Rooms: Den/Library/Office,Great Room,Inside Utility
  • Living Area Meters: 146.42

Exterior Features

  • Direction Faces: East
  • Exterior Features: Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 32
  • Flood Zone Panel: 12081C0319E
  • Water Frontage Feet Lake: 32

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Sprinkler Recycled, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Gas Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Deed Restrictions, Fitness Center, Gated Community - Guard, Golf Carts OK, Pool, Sidewalks, Street Lights
  • Association Amenities: Clubhouse, Fence Restrictions, Fitness Center, Gated, Maintenance, Pool, Recreation Facilities, Spa/Hot Tub
  • Association Fee: 1114
  • Association Fee Frequency: Quarterly
  • Association Name: Lakeridge Falls / Oded Neeman
  • Phone: 941-360-1046 101
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: See HOA Documents
  • Association Fee Requirement: Required
  • Association Email: PropertyManager@LakeRidgeFalls.org
  • Pet Size: Large (61-100 Lbs.)
  • Association URL: Lakeridgefalls.org

Fee Information

  • Total Annual Fees: 4456.00
  • Total Monthly Fees: 371.33
  • Monthly HOA Amount: 371.33

Lot Info

  • Zoning: PDMU
  • Parcel Number: 2042728559
  • Additional Parcels: No
  • Lot Dimensions: 32x127
  • Property Attached Yn: Yes
  • Flood Zone Code: X

Building Info

  • Builder Name: Centex

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA Association documents

Tax Info

  • Tax Annual Amount: 2426.94
  • Tax Block: 6
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Lake Front
  • Approval Process: $150 per couple or individuals for buying or leasing. Please note there is a one-time Capital Contribution fee of $1500 payable by the buyer

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2026
Closed on
May 28, 2026
Sold by
Bought by
Seller's Agent
Marie Avery-Withers
COLDWELL BANKER REALTY
Buyer's Agent
Marie Avery-Withers
COLDWELL BANKER REALTY
List Price
$379,900
Sold Price
$315,000
Premium/Discount to List
-$64,900
-17.08%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.59%

Purchase Details

Closed on
Jun 9, 2017
Sold by
Bought by

Purchase Details

Closed on
Mar 21, 2003
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Sarasota, FL

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $315,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $162,100 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/28/2026 05/28/26 Sold $315,000 -14.4% $200 / Sq Ft
04/13/2026 04/13/26 Pending -- -- --
04/06/2026 04/06/26 Price Changed $368,000 -1.7% $234 / Sq Ft
03/22/2026 03/22/26 Price Changed $374,500 -1.4% $238 / Sq Ft
03/19/2026 03/19/26 For Sale $379,900 +20.6% $241 / Sq Ft
03/06/2026 03/06/26 Off Market $315,000 -- --
02/21/2026 02/21/26 For Sale $379,900 -- $241 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,510 $199,737
2025 $2,510 $194,486
2023 $2,378 $183,500 $0 $0
2022 $2,302 $178,155 $0 $0
2021 $2,193 $172,966 $0 $0
2020 $2,254 $170,578 $0 $0
2019 $2,209 $166,743 $0 $0
2018 $2,178 $163,634 $0 $0
2017 $2,018 $160,268 $0 $0
2016 $2,005 $156,972 $0 $0
2015 $3,094 $155,881 $0 $0
2014 $3,094 $181,225 $0 $0
2013 $2,861 $166,647 $20,700 $145,947
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4683490

Stellar MLS

APN: 20427-2855-9

Your Personal Tour Guide

Ask me questions while you tour the home.