5395 Lake Arrowhead TRAIL, #24, Sarasota, FL, 34231 | $349,900

One or more photo(s) has been virtually staged. Lake Arrowhead Gem: A Rare Opportunity in Sarasota! Nestled in the highly coveted Lake Arrowhead neighborhood, this stunning 2-bedroom, 2-bathroom condo is a rare find and the crown jewel of the entire development. Situated on a private, dead-end street with no side neighbors, this home offers breathtaking lake views from almost every room. With the scenic Red Bug Trail just steps from your front door, the location is as serene as it is convenient. Located only 15 minutes from Siesta Key Beach and Siesta Village and 15 minutes to downtown Sarasota, you’ll enjoy effortless access to world-famous beaches, vibrant cultural offerings, and endless dining and shopping options. This home has been completely renovated with a sophisticated modern coastal design that is sure to impress. New flooring, fresh paint, contemporary kitchen cabinets, stunning countertops, and updated bathrooms mean all the work is done—simply move in and enjoy the Florida Gulf Coast lifestyle.
The open-concept great room, flooded with natural light, showcases panoramic lake views through the enclosed lanai, creating a perfect setting for entertaining family and friends. The spacious primary suite boasts private lake views, a dedicated deck for relaxing or sunbathing, and a luxurious, redesigned bathroom with a walk-in shower and custom walk-in closet. Additional highlights include designated parking, ample guest parking, and proximity to the community clubhouse, which offers a heated pool, gathering spaces, a small library, and a private dock—perfect for lakeside strolls or mingling with neighbors at one of the many social events. Don’t miss this opportunity to own a sought-after condo in Lake Arrowhead. With its ideal location, stunning renovations, and unparalleled views, this home is a true Sarasota treasure! Schedule your private showing today!

Features

  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air, Humidity Control
  • Levels: 1
  • Amenities: Clubhouse, Pool, Trail(s)
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Closet
  • Complex: LAKE ARROWHEAD
  • Year Built: 1984
  • Approx Sq. Feet: 1,255
  • Est. Taxes: $2,139
  • Condo Fee: $547 Monthly
  • Lot Desc: Corner Lot
  • View: Water
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • MLS#: A4633673
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/A4633673/5395lakearrowheadtrail_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 1/5/2025 1:19:32 AM)
Listing courtesy of LPT Realty   Phone: 877-366-2213

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5395 Lake Arrowhead TRAIL, #24, Sarasota, FL, 34231

$349,900

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 $279,920 $279,920 $279,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.278% 7.159% 6.276%
Monthly Tax Payment $178 $178 $178
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,839 $1,860 $2,361
Total Monthly Payment $2,092 $2,113 $2,614

* 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.