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$525,000

Active

5489 Downham Mdws, Sarasota, FL 34235

3 beds · 2 baths · 2,102 sq ft

Listing courtesy of FINE PROPERTIES · MLS# A4707089

36 days on market

Refreshed from the Stellar MLS feed . This listing’s MLS record last changed .

About this home

Virtually Staged. Imagine starting your day with coffee on the spacious screened lanai, taking in peaceful lake views with the fairways of The Meadows Golf Course stretching beyond. Set on an oversized 0.29-acre lot in desirable Devonshire Place, this spacious 3-bedroom, 2-bath home offers 80 feet of lake frontage, a generous backyard with plenty of room for a pool, and a private irrigation well for watering the lawn. Inside, more than 2,100 square feet of living space feels open and inviting, with high ceilings, crown molding, laminate wood flooring, and double-pane windows. The generously sized kitchen offers abundant counter space, stainless steel appliances, and a sunny dinette overlooking the outdoors, while a separate formal dining room provides the perfect setting for entertaining. The primary suite features a walk-in closet and an en-suite bath with a soaking tub and separate shower. An interior laundry room and two-car garage add everyday convenience. Even better, a new tile roof with a 15-year transferable warranty offers added peace of mind. There is no CDD, and the home is located in Flood Zone X. But life in The Meadows is about much more than the house. Spend your mornings on the golf course, take evening walks along miles of sidewalks and trails winding past lakes and mature landscaping, or simply enjoy the relaxed, established feel of one of Sarasota’s most distinctive communities. An optional Meadows Country Club membership opens the door to championship golf, tennis and pickleball, a Junior Olympic pool and hot tub, and a fitness center. The community also offers a playground, dog park, basketball courts, and a storage lot for trucks, RVs, and boats. Just minutes away, Nathan Benderson Park offers additional waterfront trails and world-class rowing events, while UTC, I-75, Mote Marine Aquarium, Sarasota-Bradenton International Airport, downtown Sarasota, and the Gulf beaches are all within easy reach. With lake and golf course views, an oversized homesite, room for a pool, and a location that puts so much of Sarasota at your fingertips, this is more than a place to live—it’s an opportunity to enjoy the Florida lifestyle every day.

Facts

Property type
Single Family Residence
Year built
1993
Bathrooms
2 full
Living area
2,102 sqft
Lot size
0.29 acres
Water view
Yes
Private pool
No
Exposure
East
Furnished
Unfurnished
Flood zone
X
CDD
No
55+ community
No
Annual taxes
$3,599/yr
Monthly fees
$148/mo
Listed
Sep 22, 2026
MLS #
A4707089

Virtual tour

Tours are hosted by the seller’s chosen provider, not by Lasbury-Tracy Realty. Opening one loads content from that company and shares your IP address with them.

Estimate the monthly payment

Estimate by Lasbury Tracy Realty — not a loan offer

Starting figures for 5489 DOWNHAM MDWS. Everything below is editable.

AssumptionNot a quoted rate. Ask a lender what you actually qualify for today.

From this listingThe seller's most recent annual tax bill as reported to the MLS. Your bill will differ — Florida reassesses on sale and homestead caps reset.

Editable estimateA placeholder, not a quote. On the Gulf Coast this is the line item most likely to be wrong: premiums swing on roof age, wind mitigation, elevation, and carrier appetite. Get a real quote before you rely on this number.

Starts at $0Deliberately zero until you enter a figure — we will not inflate a payment with a guess. Many homes here need it; ask us for the property's flood zone and the current policy's premium.

From this listingMonthly association fee as reported to the MLS. Confirm what it includes, and ask about special assessments.

AssumptionNot applied — your down payment is 20% or more.

Estimated total monthly payment

$3,540

$2,655 of that is principal & interest. 25% is taxes, insurance and fees — which is why those inputs matter more here than the rate does.

Principal & interest
$2,655
Property taxes
$300
Homeowners insurance
$438
Flood insurance
$0
HOA / condo fees
$148
Mortgage insurance (PMI)
$0
Total per month
$3,540

Over the life of the loan

Loan amount
$420,000
Down payment
$105,000
Total interest
$535,687
Principal + interest paid
$955,687
Paid off in
2056

Interest is the exact schedule total for a fixed-rate loan held to term and assumes no extra payments. Taxes, insurance and fees are not included in these lifetime figures because they change every year.

Calculated on this page from the figures above — nothing is sent anywhere and no lender is quoting you. Figures are estimates for planning only, not a pre-approval, commitment to lend, or a statement of the taxes and insurance you will actually be charged. Lasbury Tracy Realty Inc. is a real estate brokerage, not a lender or an insurance agent.

Take a tour

Pick a day that suits you — a licensed Lasbury Tracy agent confirms personally, usually within minutes. No account needed.

5489 Downham Mdws, Sarasota, FL 34235

Listing courtesy of FINE PROPERTIES · MLS# A4707089 · Active

How would you like to see it?
Which day?
What time of day?

In person · Thu, Oct 29 · Morning (9-12)

No account, no obligation. Prefer to talk? (941) 474-5585

Where this home is

Opens on aerial — on this coast the canal, the lot and the neighbours answer more questions than a street grid does.

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Listing information is provided in part by Stellar MLS, as distributed by MLS GRID. Based on information submitted to the MLS as of Oct 28, 2026, 8:22 PM (ET). All data is obtained from various sources and may not have been verified by broker or MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively 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. Some IDX listings have been excluded from this website.

Lasbury Tracy Realty Inc. · [email protected]