The Cascades at Sarasota vs Lakeridge Falls
Two Manatee communities, compared on the numbers that decide it — price, pace, and supply — from live MLS data as of 2026-09-18.
| Metric | The Cascades at Sarasota | Lakeridge Falls |
|---|---|---|
| Median sale price | $426K | $370K |
| Price per sq ft | $232 | $224 |
| Avg days on market | 56 days | 54 days |
| Months of supply | 1.2 mo | 1.6 mo |
| Market | Seller's Market (limited data) | Seller's Market |
| 1-year price change | False | False |
| Recent closings | 30 | 30 |
The verdict
The Cascades at Sarasota carries the higher median price — about 15% above Lakeridge Falls. Homes in Lakeridge Falls sell faster (54 days on market vs 56). The Cascades at Sarasota is the tighter market on inventory (1.2 months of supply).
What is for sale today
| The Cascades at Sarasota | Lakeridge Falls | |
|---|---|---|
| Homes for sale now | 3 | 4 |
| Under contract | 2 | 2 |
| Asking prices today | $439K to $499K | $349K to $480K |
| Property types listed | Single Family Residence | Single Family Residence, Villa |
Live MLS counts, refreshed with every listing pull. Browse them: The Cascades at Sarasota homes for sale · Lakeridge Falls homes for sale.
The homes themselves
| The Cascades at Sarasota | Lakeridge Falls | |
|---|---|---|
| Homes (parcels) | 606 | 401 |
| Built | 2004–2013 (median 2006) | 2001–2004 (median 2003) |
| Typical living area | 2,045 sq ft | 1,651 sq ft |
| Homesteaded (owner-occupied) share | 79% | 78% |
Housing-stock figures from the Florida Department of Revenue 2025 assessment roll (public records).
Price history, year by year
| Year | The Cascades at Sarasota median | Lakeridge Falls median |
|---|---|---|
| 2012 | $232K (5 sales) | $220K (13 sales) |
| 2013 | $250K (9 sales) | $224K (20 sales) |
| 2014 | $288K (9 sales) | $229K (11 sales) |
| 2015 | $290K (11 sales) | $252K (15 sales) |
| 2016 | $282K (10 sales) | $305K (18 sales) |
| 2017 | $309K (11 sales) | $282K (17 sales) |
| 2022 | $485K (17 sales) | $432K (34 sales) |
| 2024 | $536K (12 sales) | $465K (15 sales) |
| 2025 | $465K (9 sales) | $405K (13 sales) |
| 2026 | $462K (10 sales) | $405K (27 sales) |
Since 2012, The Cascades at Sarasota's median sale price is +99% and Lakeridge Falls's is +84% — The Cascades at Sarasota has appreciated faster over that stretch.
How each one trades
| The Cascades at Sarasota | Lakeridge Falls | |
|---|---|---|
| Sale-to-original-list | 94.3% | 91.8% |
| New-construction share of sales | 0% | 0% |
| Typical sold home | 1,927 sq ft | 1,675 sq ft |
| Momentum market-heat score | 44 (normal) | 43 (normal) |
Last 12 months of recorded closings; sale-to-original-list is the share of the first asking price sellers actually got.
Schools the listings are zoned for
| The Cascades at Sarasota | Lakeridge Falls | |
|---|---|---|
| Elementary | Kinnan Elementary | not reported |
| Middle | Braden River Middle | not reported |
| High school | Southeast High | not reported |
The school most often recorded on each community's MLS listings. Always confirm a specific address with the district.
Which one fits
On budget alone, Lakeridge Falls is the lower entry point (median $370K vs $426K). Buyers who want newer construction (fewer near-term roof, HVAC and re-plumb items, and easier insurance quotes in Florida) will find it in The Cascades at Sarasota; Lakeridge Falls trades that for a more established street and, typically, larger lots. Sellers get a faster sale in Lakeridge Falls (54 days on market on average); buyers get more negotiating room where homes sit longer.
Neither number set decides it: drive both on a weekday evening, check the HOA documents and the flood zone for the exact street, and price the insurance before you write an offer. A Momentum agent who works both communities can pull the comparable sales for any two specific homes.
Questions people ask
Is The Cascades at Sarasota more expensive than Lakeridge Falls?
Yes, on recent sales: the median sale price in The Cascades at Sarasota is $426,000 versus $370,000 in Lakeridge Falls, about 15% higher.
Which has newer homes, The Cascades at Sarasota or Lakeridge Falls?
The Cascades at Sarasota: its homes were built 2004–2013 with a median year of 2006, versus a median of 2003 in Lakeridge Falls (Florida DOR assessment roll).
Which has bigger homes?
The Cascades at Sarasota. The typical home there is 2,045 sq ft of living area, versus 1,651 sq ft in Lakeridge Falls.
Which has appreciated more, The Cascades at Sarasota or Lakeridge Falls?
From 2012 to 2026 the median sale price rose 99% in The Cascades at Sarasota and 84% in Lakeridge Falls (recorded MLS closings by calendar year).
Where do sellers get closer to asking price?
The Cascades at Sarasota — sellers there received 94.3% of the original list price over the last 12 months versus 91.8% in Lakeridge Falls.
Go deeper on each: The Cascades at Sarasota homes, photos & schools · Lakeridge Falls homes, photos & schools
Figures are aggregates from realMLS / DBAAR, updated regularly. Thinking about either? Talk to Momentum Realty.