CRESCENT LAKES PH I
Homes for Sale in SARASOTA, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Crescent Lakes is a built-out community of 804 homes in Kissimmee, with construction running from 1995 to 2005 and a median build year around 2000. That maturity is the story here: what sets price is condition and updates, not location premiums or new-construction sheen. Two homes on the same street can trade far apart depending on kitchens, baths, roof age, and systems, so expect a wide spread rather than a tidy per-square-foot rule. The median living area sits near 2,153 square feet, which gives buyers real room to work with in this age of home.
Roughly 60% of homes here carry a homestead exemption, which points to a base of owner-occupants rather than a pure investor churn. For a buyer, that means less turnover pressure and homes that have generally been lived in and maintained. For a seller, it means your competition is other resale homes, and the ones that show updated systems and finishes are the ones that set the pace. Price your condition honestly; the market rewards move-in-ready and discounts deferred maintenance.
CRESCENT LAKES PH I right now
🔴 Off the recent peak. The trailing-12-month median ($336K) is down 8.2% from the prior 12 months ($366K) and up 150% since 2012. With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Medium (16 and 7 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
CRESCENT LAKES PH I market snapshot (as of August 2, 2026): the median sale price is about $336K ($203 per sq ft over the trailing 12 months of closed sales), and a median 61 days on market for closed sales. The trailing-12-month median is down 8% from the prior 12 months and up 150% since 2012, computed from record-level Stellar MLS closed sales (16 closings in the current window).
CRESCENT LAKES PH I is a community of 613 homes in SARASOTA, Manatee County, built between 1926 and 2013 (median 2005.0), with a median living area of about 1,322 square feet. 48% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Crescent Lakes is a mature, fully established Osceola County community where the homes have settled into their neighborhood rather than being sold off a builder's price sheet. With a median size just over 2,150 square feet, it leans toward practical, real-square-footage resale rather than starter boxes.
Who CRESCENT LAKES PH I is best for.
Best for
- Buyers seeking a home near 2,150 square feet who prioritize space and an established setting over newness
- Buyers with a renovation budget who want to buy condition-adjusted and add value through updates
- Long-term owner-occupants comfortable in a settled, built-out community
Probably not for
- Buyers set on new construction or the latest floor plans and finishes
- Buyers who need a tightly predictable price range and cannot underwrite condition variance
- Buyers unwilling to budget for roof or mechanical replacement on a home of this vintage
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($336K) IS the median in the snapshot above, and the move from 2025 ($366K) IS the -8.2% one-year change.
Windows contain 0 to 16 sales each (16 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026. Deemed reliable but not guaranteed.
14% of homes for sale in ZIP 33982 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-08-01).
The CRESCENT LAKES PH I buying strategy.
If we were buying in CRESCENT LAKES PH I today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in CRESCENT LAKES PH I.
A condition-driven resale market
Because everything here was built between the mid-1990s and mid-2000s, the variable that moves price is what an owner has done since. Roofs, HVAC, water heaters, and windows in a home of this vintage are at or past the point where replacement matters, and buyers price accordingly. A well-kept, updated home and a tired one of identical footprint are not the same product, and the median masks that gap. Read every listing through the lens of systems and updates, not just square footage.
The upside of maturity is what you can see: established lots, filled-in landscaping, and a settled street grid rather than a construction zone. The trade-off is that you are buying someone else's maintenance history. Order inspections that dig into roof and mechanical age, and budget for the improvements you want rather than assuming the last owner made them.
The location and the amenities are priced into every listing in CRESCENT LAKES PH I. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in CRESCENT LAKES PH I buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (6.7). Basis: Long-Term Appreciation +150% since 2012; Recent Direction -8.2% year-over-year; Owner Commitment 48% owner-occupied; Pricing Power 98.8% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market where price hinges on condition rather than a published range, our job is to read updates and system age accurately and price against them. We help sellers position an honestly maintained home against tired competition, and we help buyers separate cosmetic gloss from the roof-and-mechanical reality underneath. That is where the real money is made or lost in a community this age.
CRESCENT LAKES PH I in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a CRESCENT LAKES PH I buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed CRESCENT LAKES PH I sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in CRESCENT LAKES PH I, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your CRESCENT LAKES PH I home worth?
Get a no-obligation home value based on real comparable sales in CRESCENT LAKES PH I, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in CRESCENT LAKES PH I on the map →
Frequently Asked Questions
What is the median home price in CRESCENT LAKES PH I?
How long do homes in CRESCENT LAKES PH I take to sell?
How many homes are in CRESCENT LAKES PH I?
What share of CRESCENT LAKES PH I is owner-occupied?
When were the homes in CRESCENT LAKES PH I built?
Do cash buyers compete in CRESCENT LAKES PH I?
Have CRESCENT LAKES PH I home prices gone up?
Who is the best real estate agent for CRESCENT LAKES PH I?
How do I find a top SARASOTA real estate agent who knows CRESCENT LAKES PH I?
Can Momentum Realty connect me with an agent for CRESCENT LAKES PH I?
Should you buy in CRESCENT LAKES PH I?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending August 2, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (4 streets, ZIP 33982/34243/34758)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2004 (88 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how CRESCENT LAKES PH I fits the bigger picture — live prices, inventory, and Momentum Scores:
More Sarasota & Sarasota County guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Sarasota County or the full Neighborhood Finder.