5696 FERRARA DRIVE, Sarasota, FL, 34238 | $675,000

Under contract-accepting backup offers. Perfectly positioned on a premium lakefront homesite in VillageWalk, this expanded Oakmont model offers 2, 201 square feet of thoughtfully designed living space, blending comfort, functionality, and effortless Florida living. From the moment you step inside, the home feels elevated yet inviting, with luxury vinyl flooring flowing throughout and a custom stone accent wall with an electric fireplace creating a warm focal point in the main living area. The open layout is enhanced by soaring ceilings and seamless indoor-outdoor connection, leading to an oversized screened lanai with tranquil water views, updated with new screening in 2023—an ideal setting for both quiet mornings and evening entertaining. The kitchen has been tastefully updated to balance style and practicality, featuring expanded quartz countertops, a modern tile backsplash, reconfigured cabinetry for optimal storage, and stainless steel appliances, including a newer refrigerator (2024) and dishwasher (2026). Adjacent living and dining spaces make everyday living feel easy while still offering the flexibility to host. The home’s split floor plan provides privacy and versatility, including three bedrooms plus a den or office, along with updated bathrooms showcasing refreshed countertops, fixtures, and lighting. Major system upgrades offers peace of mind, including hurricane impact windows and sliders (2022–2023) and a high-efficiency Daikin HVAC heat pump (2021). Additional functional enhancements such as a circulating pump on the hot water heater and a thoughtfully designed laundry room with added storage further elevate the home’s livability. Even the garage has been upgraded to maximize utility, featuring an epoxied floor, built-in workbench, custom storage solutions, a secondary refrigerator, and access to floored attic storage. Set within the highly sought-after VillageWalk community in Palmer Ranch, residents enjoy a true resort lifestyle with a clubhouse, fitness center, tennis and pickleball courts, restaurant/tiki bar, 2 pools, walking/biking trails, and much more, amid beautifully maintained grounds and picturesque lake—all just minutes from shopping, dining, the Legacy Trail, and Sarasota’s world-renowned beaches.

Features

  • Amenities: Basketball Court, Clubhouse, Fitness Center, Gated, Maintenance, Pickleball Court(s), Pool, Tennis Court(s), Trail(s)
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside, Laundry Room
  • Style: Mediterranean
  • Year Built: 2002
  • Garage: 2-car Driveway, Garage Door Opener
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,201
  • Acreage: 0.16
  • Est. Taxes: $6,317
  • HOA Fee: $1,472 Quarterly
  • Lot Desc: In County, Sidewalk
  • View: Water
  • Elem. School: Ashton Elementary
  • Middle School: Sarasota Middle
  • High School: Riverview High
  • Pet Policy: Breed Restrictions, Yes
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: A4686855
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /prop/A4686855/5696ferraradrive_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 4/1/2026 10:47:08 PM)
Listing courtesy of Coldwell Banker Realty   Phone: 941-388-3966

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5696 FERRARA DRIVE, Sarasota, FL, 34238

$675,000

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 $540,000 $540,000 $540,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.345% 6.533% 5.783%
Monthly Tax Payment $526 $526 $526
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,194 $3,369 $4,409
Total Monthly Payment $3,812 $3,987 $5,027

* 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.