4155 CASCADE FALLS DRIVE, Sarasota, FL, 34243 | $398,000

Welcome to beautiful Lakeridge Falls, a vibrant gated 55+ community with lots of amenities and scheduled activities to keep you as active as you'd like. The sellers of this move-in-ready, attached villa with two bedrooms, two baths, and a den have lovingly updated the home over the past several years. In 2022 a NEW A/C system and a gas hot water heater were added. In 2021 the kitchen cabinets were refaced and the base kitchen cabinets were replaced with pull out drawers. The primary bathroom cabinets were refaced, a new shower, toilet, double sinks with quartz countertops, mirrors, and light fixtures were replaced. The guest bathroom was also updated with refaced cabinets, new toilet, sink with quartz countertop, mirror, and light fixture. New tile flooring was added in the foyer, hallway, kitchen, guest bath, and primary bath. Also in 2021, a new gas range and microwave were added. The dishwasher was updated in 2019 and new refrigerator and carpet in guest bedroom and office in 2018. You can feel the amazing quality of this home from the moment you walk through the door. The cherry on the top is the glass enclosed lanai which is the perfect setting to watch all the wildlife on the lake while enjoying your morning coffee or evening glass of wine. The community amenities are limitless with a resort style pool, spa, fitness center, card room, 2 bocce ball courts, charming small sand beach, and newly renovated clubhouse, providing year-round entertainment and opportunities. Lakeridge Falls is conveniently located near shopping and dining offered on University Parkway, while also being just a short drive to SRQ airport, world-famous beaches, and downtown Sarasota.

Features

  • Amenities: Clubhouse, Fitness Center, Gated, Maintenance, Park, Pool, Security, Vehicle Restrictions
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 32 x 147
  • Laundry: Inside, Laundry Room
  • Year Built: 2003
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,576
  • Acreage: 0.11
  • Lot Size: 32 x 147
  • Est. Taxes: $3,071
  • HOA Fee: $4,324 Annually
  • Lot Desc: In County, Landscaped, Sidewalk
  • Adult Communities: Yes
  • Elem. School: Kinnan Elementary
  • Middle School: Braden River Middle
  • High School: Southeast High
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4640027
  • Days on Market: 92 days
  • Website: https://www.raveis.com
    /prop/A4640027/4155cascadefallsdrive_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 5/19/2025 10:04:04 AM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-349-3444

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

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4155 CASCADE FALLS DRIVE, Sarasota, FL, 34243

$398,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $318,400 $318,400 $318,400
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.083% 7.063% 6.152%
Monthly Tax Payment $256 $256 $256
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,013 $2,092 $2,665
Total Monthly Payment $2,344 $2,423 $2,996

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.