Condominium at 5178 LAKE VILLAGE DR #86, SARASOTA
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$267,500

5178 LAKE VILLAGE DR #86
SARASOTA, FL 34235
Listed by Kenneth Cowles · REALTY SERVICES INC
Bedrooms
2
Bathrooms
2
Living area
1,065 sqft
Year built
1981

About this home

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.

Property details

MLS #
MFRA4699937
Property type
Condominium
Subdivision
VILLAGE LAKE
Status
Active
Days on market
78
On market date
July 14, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
SARASOTA ACADEMY OF THE ARTS
1.99 mi away · Grades 0-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
181
Student:teacher ratio
11.3:1
District
SARASOTA
Middle
MCINTOSH MIDDLE SCHOOL
2.41 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
846
Student:teacher ratio
16.9:1
District
SARASOTA
High
SARASOTA COUNTY ACCELERATION ACADEMIES
2.57 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
127
Student:teacher ratio
42.3:1
District
SARASOTA

Walkability

Blended score for SARASOTA's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

49
Somewhat walkable
out of 100
EPA National Walkability Index
11.2 / 20 -- Above average walkable
Google Places amenity density
38 / 100
Restaurants & cafes6
Grocery stores0
Parks8
Schools1
Transit stops1
Pharmacies0

Market position

How this listing compares to current activity in SARASOTA, from live MLS data.

On the market 78 days -- 95 fewer days than SARASOTA's current average of 173 days.
For reference, the median list price across 4,478 active listings in SARASOTA right now is $350,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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/mo
Est. monthly payment
$1,761/mo
$53,500 down
$214,000 loan
Principal & interest$1,388
Property tax (est.)$223
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 12 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.