Hourglass Lakes is a small, established community in mainland Venice, in Sarasota County, built in the 1980s around interior lakes. Local listing descriptions describe it as a deed restricted community of roughly eighty villas and condominium homes off State Road 776, just east of Jacaranda Boulevard (real estate community guides, 2024 to 2026).
The draw is low maintenance living. The HOA covers lawn maintenance and common areas, and the community shares a clubhouse, a heated pool, and a hot tub, which is the lifestyle pitch for buyers who want to lock the door and travel. It is described as pet friendly and not age restricted, so confirm the current pet and rental rules per the association documents.
Because the community is small and the homes are villas and condos rather than detached single-family houses, the money is made or lost on the specific unit, the HOA budget and reserves, and an honest read of the roof, systems, and flood exposure, not on a Venice wide average.
The location is the other half of the case: mainland Venice puts the Island beaches, downtown Venice, and the US 41 and SR 776 corridors within a short drive, while keeping you off the barrier island. The work is verifying the HOA budget, the flood zone, and the unit condition before you fall for the low maintenance pitch.