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For sale
    • Price cut: $12.4K (8/25)
    $267,500

    5178 LAKE VILLAGE DRIVE #86, SARASOTA, FL 34235

    2beds
    1,065sqft
    : 
    $2,250/mo
    Get pre-qualified
    Condominium
    Built in 1981
    -- sqft lot
    $-- Zestimate®
    $251/sqft
    $404/mo HOA

    What's special

    Private screened lanaiLight-filled floor planComplete remodelNew kitchenStainless appliance packageOverlooking a tranquil lake
    Seller may consider owner financing, or lease purchase. Experience peaceful Florida living in this beautifully maintained 2 bedroom condo in the sought-after Village Lake community of The Meadows. Overlooking a tranquil lake, this inviting residence offers stunning water views from the private screened lanai - the perfect place to enjoy your morning coffee or unwind while watching the sunset. The light-filled floor plan features complete remodel, new kitchen and stainless appliance package, a spacious primary suite with updated shower and vanity, and an ideal layout with luxury vinyl plank flooring throughout for both everyday living and entertaining. The Meadows is surrounded by mature landscaping, lakes and scenic walking paths. Village Lake provides a quiet, maintenance-free lifestyle with access to community amenities. Ideally located just minutes from downtown Sarasota, UTC shopping, championship golf, dining, cultural attractions, and the world-renowned beaches of Florida's Gulf Coast, this condo offers the perfect blend of serenity and convenience. Whether you're searching for a year-round residence, seasonal retreat, or investment opportunity, this lakefront gem is ready to welcome you home.
    108 days
    61
    2

    Zillow last checked:

    Listing updated:

    Listed by:

    Kenneth Cowles 941-954-4443,

    REALTY SERVICES INC 941-954-4443,

    Robert Cowles 941-302-4150,

    REALTY SERVICES INC

    Source: Stellar MLS,MLS#: A4699937MLS LogoOriginating MLS: Sarasota - Manatee

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Utility Room
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: Second
      • Area: 204 Square Feet
      • Dimensions: 17x12
      Bedroom 2
      • Features: Walk-In Closet(s)
      • Level: Second
      • Area: 132 Square Feet
      • Dimensions: 12x11
      Primary bathroom
      • Features: Tub With Shower
      • Level: Second
      Balcony porch lanai
      • Level: Second
      • Area: 104 Square Feet
      • Dimensions: 13x8
      Great room
      • Level: Second
      • Area: 286 Square Feet
      • Dimensions: 22x13
      Kitchen
      • Level: Second
      • Area: 96 Square Feet
      • Dimensions: 12x8
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
      • Laundry: Inside, Laundry Closet
      Features
      • Ceiling Fan(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat
      • Flooring: Luxury Vinyl, Tile
      • Doors: Sliding Doors
      • Has fireplace: No
      Interior area
      • Total structure area: 1,178
      • Total interior livable area: 1,065 sqft

      Property

      Parking
      • Parking features: Assigned, Guest
      Features
      • Levels: One
      • Stories: 1
      • Pool features: Gunite, Heated, In Ground
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      Details
      • Parcel number: 0034081086
      • Zoning: RSF2
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Block, Stucco
      • Foundation: Slab
      • Roof: Tile
      Condition
      • Completed
      • New construction: No
      • Year built: 1981

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Sewer Connected

      Community & HOA

      Community
      • Features: Buyer Approval Required, Deed Restrictions, Dog Park, Fitness Center, No Truck/RV/Motorcycle Parking, Park, Playground, Pool, Restaurant, Sidewalks, Special Community Restrictions, Tennis Court(s)
      • Pet fee: $0 monthly
      • Subdivision: VILLAGE LAKE
      HOA
      • Has HOA: Yes
      • Amenities included: Basketball Court, Fitness Center, Golf Course, Park, Pickleball Court(s), Playground, Pool, Recreation Facilities, Security, Storage, Tennis Court(s), Trail(s), Vehicle Restrictions
      • Services included: Community Pool, Reserve Fund, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road
      • HOA fee: $404 monthly
      • HOA name: Capstone/Jill
      • HOA phone: 941-554-8838
      • Second HOA name: The Meadows
      • Second HOA phone: 941-377-2300
      Location
      • Region: Sarasota

      Financial & listing details

      • Price per square foot: $251/sqft
      • Tax assessed value: $197,900
      • Annual tax amount: $2,815
      • Date on market: 7/14/2026
      • Cumulative days on market: 109 days
      • Listing terms: Cash,Conventional,Lease Purchase,Owner May Carry
      • Ownership: Condominium
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/25/2026Price change$267,500-4.4%$251/sqft
        Source: Stellar MLS #A4699937 Report a problem
        7/14/2026Listed for sale$279,900-4.5%$263/sqft
        Source: Stellar MLS #A4699937 Report a problem
        12/24/2025Listing removed$293,000$275/sqft
        Source: Stellar MLS #A4657423 Report a problem
        8/6/2025Price change$293,000-3.9%$275/sqft
        Source: Stellar MLS #A4657423 Report a problem
        6/30/2025Listed for sale$305,000+10.3%$286/sqft
        Source: Stellar MLS #A4657423 Report a problem
        2/7/2023Sold$276,500-4.6%$260/sqft
        Source: Public Record Report a problem
        12/2/2022Pending sale$289,900$272/sqft
        Source: Stellar MLS #A4552507 Report a problem
        11/16/2022Listed for sale$289,900+87%$272/sqft
        Source: Stellar MLS #A4552507 Report a problem
        3/2/2020Sold$155,000+434.5%$146/sqft
        Source: Public Record Report a problem
        9/30/2016Sold$29,000-79.3%$27/sqft
        Source: Public Record Report a problem
        10/30/2014Sold$139,900-2.2%$131/sqft
        Source: Public Record Report a problem
        9/15/2004Sold$143,000$134/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,816 -6.2%$197,900 -8.8%
        2024$3,001 +16%$217,000 +52%
        2023$2,587 +15.3%$142,780 +10%
        2022$2,243 +22.6%$129,800 +10%
        2021$1,830 +5.5%$118,000 +8.3%
        2020$1,735 +2.8%$109,000 +0.9%
        2019$1,687 $108,000 -6.6%
        2018$1,687 -4.2%$115,600 +1%
        2017$1,761 -0.7%$114,500 +2%
        2016$1,773 +11.2%$112,300 +17.3%
        2015$1,595 +56.8%$95,700 +11.3%
        2014$1,017 +0.5%$86,000
        2013$1,012 -2.6%$86,000 -3%
        2012$1,039 +1.3%$88,700
        2011$1,026 -19.5%$88,700 -15.3%
        2010$1,274 -26%$104,700 -15.8%
        2009$1,720 $124,300 -14.2%
        2008$1,720 -5.2%$144,845 +3%
        2007$1,814 $140,626 +2.5%
        2006-- $137,196 +3%
        2005-- $133,200 +40.1%
        2004$1,368 -0.6%$95,058 +1.9%
        2003$1,375 -0.1%$93,286 +2.4%
        2002$1,376 -2.6%$91,100 +21.9%
        2001$1,413 +2.9%$74,707 +3%
        2000$1,374 $72,531
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: The Meadows

        Getting around

        22 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Gocio Elementary
        • Middle: Booker Middle
        • High: Booker High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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