Rivo Lakes in Sarasota

Rivo Lakes
Homes for Sale in Sarasota, FL

All 2,394 homes for sale in SARASOTA, FL · median $549,625 · 168 homes for sale in 34241 · Sarasota County homes for sale

Community in Sarasota · Sarasota County · ZIP 34241
97 homesBuilt 2018–2023Median sale $1M
Free · No obligation
Talk to a Rivo Lakes Expert

True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data7 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-08-02, 5 recorded sales closed at a median of $1,000,000, $312 per square foot, a median 28 days on market, sellers accepting 96% of original asking (-18% versus the prior year). Homes listed or recently sold were built 2019 - 2023; 10 of 10 report an HOA (median $197/mo); none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 33 ft). At the median price and Sarasota County's FY2025-26 rate of 13.48 mills, annual property tax runs about $13,480 ($12,950 with the full homestead exemption).

RIVO LAKES key facts
LocationSARASOTA, Sarasota County, FL · ZIP 34241
Homes in the community97 (FL DOR 2025 assessment roll)
Years built2018–2023 (median 2021)
Typical living area4,061 sq ft (median)
Home types (current listings and sales)single-family 100%
Amenities listed by sellersDeed Restrictions, Gated Community - No Guard, Gated Community, Irrigation-Reclaimed Water, Gated, Community Mailbox
Sale prices, last 12 months$1,000,000 median across 5 closed sales · $312 per sq ft · -18.4% vs the prior 12 months
Days on market (closed sales)28 median
For sale right now0 active, 0 pending
Owner-occupied (homestead) share84%
Zoned public schoolsSarasota County Public Schools (verify by address); Confirm zoned elementary, middle, and high; Magnet and choice options may apply

Data as of August 2, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2019 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “RIVO LAKES key facts,” movewithmomentum.com/neighborhoods/rivo-lakes, data as of August 2, 2026.

Last 30 days in Rivo Lakes: 1 new listing (median asking $889,900), 1 under contract right now. As of September 22, 2026, Listings courtesy of Stellar MLS as distributed by MLS GRID.

Live · Rivo Lakes Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$1M
Median sold · 12 mo
down 18.4% vs the prior 12 months
-18.4%
1-yr price change
n = 5 and 5 sales in the two windows
$312/sf
Sold $/sqft · 12 mo
peak $334 in 2024
96.2%
Sale vs ask
Tempo
28days
Median DOM · closed
0 days at the 2023 low
0 · 0
For sale · pending
live counts, refreshed twice daily
5
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
84%
Owner-occupied · Rivo Lakes
81 of 97 parcels homesteaded (FL DOR 2025)
16%
Non-owner-occupied · Rivo Lakes
incl. 5% trust or LLC-held · 4% out-of-state
17%
Cash buyers · Rivo Lakes
1 of 6 sales, 12 mo ending June 2026
97
Homes in the community
97 residential parcels (FL DOR 2025)
Track record · 7 years of records
Est. 2018
Community established
homes built 2018-2023, median 2021 (FL DOR 2025)
2
Failed listings · 2026
peaked at 4 in 2024
3,931sqft
Median sold home size
12-mo windows, closed sales
5.2%/yr
Turnover rate
about 5 of 97 homes trade a year

Homes For Sale Right Now in Rivo Lakes

Live MLS inventory for Rivo Lakes. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Rivo Lakes listings as of 2026-09-21, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2019 through 2026. Tap any home to ask about it.

Every Home for Sale in Rivo Lakes Right Now (4)

All 4 active and pending Rivo Lakes listings with a detail page, newest first, refreshed twice a day from the MLS.

Rivo Lakes Housing Pulse · Momentum Research · as of August 2, 2026

Rivo Lakes right now

🔴 Off the recent peak. The trailing-12-month median ($1M) is down 18.4% from the prior 12 months ($1.23M). With about 3 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: Low (5 and 5 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 22, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Nearby homes for sale

No active listings inside RIVO LAKES right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

5516 CARTAGENA DRIVE
$530K · 0.8 mi away
3 bd · 2 ba · 1,842 sqft
5516 CARTAGENA DRIVE
Listed by RE/MAX ALLIANCE GROUP
4582 CITATION LANE #D
$250K · 0.8 mi away
2 bd · 2 ba · 1,013 sqft
4582 CITATION LANE #D
Listed by MICHAEL SAUNDERS & COMPANY
4504 CITATION LANE #C
$265K · 0.8 mi away
2 bd · 2 ba · 1,385 sqft
4504 CITATION LANE #C
Listed by COLDWELL BANKER REALTY
4512 CITATION LANE #D
$300K · 0.8 mi away
2 bd · 2 ba · 1,224 sqft
4512 CITATION LANE #D
Listed by FINE PROPERTIES
5501 ROSEHILL ROAD #105
$205K · 0.8 mi away
2 bd · 2 ba · 1,112 sqft
5501 ROSEHILL ROAD #105
Listed by MICHAEL SAUNDERS & COMPANY
5531 ROSEHILL ROAD #201
$215K · 0.8 mi away
2 bd · 2 ba · 1,316 sqft
5531 ROSEHILL ROAD #201
Listed by OCEAN PARTNERS REAL ESTATE

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Rivo Lakes market snapshot (as of August 2, 2026): the median sale price is about $1M ($312 per sq ft over the trailing 12 months of closed sales), and a median 28 days on market for closed sales. The trailing-12-month median is down 18% from the prior 12 months, computed from record-level Stellar MLS closed sales (5 closings in the current window).

In ZIP 34241 (SARASOTA), 268 homes closed in the last 12 months at a median of $685K ($265/sq ft), up 8.8% year over year, with a median 59 days on market. Right now 1 active and 1 pending listings put supply at about 12.0 months - a balanced market. See the live ZIP 34241 housing market and the Sarasota County market.

Rivo Lakes is a community of 97 homes in Sarasota, Sarasota County, built between 2018 and 2023 (median 2021), with a median living area of about 4,061 square feet. 84% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 5 sales each (5 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 2019 through 2026. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
0242020202220242026
0 to 5 a year; 5 in the current window.
Sellers who gave up · failed listings per year
024202220242026
Canceled, expired, or withdrawn. 4 quit in 2024; 2 so far in 2026. The clearest stress gauge a community has.
How much local inventory is already under contract

36% of homes for sale in ZIP 34241 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 (2026-09-22).

Rivo Lakes Market Scorecard

Buyer's market

Rivo Lakes is currently a buyer's market. About 6.0 months of supply, a median asking price of $889,900, and homes go under contract in about 96 days.

6.0
Months supply
$889,900
Median list
$1,100,000
Median sold
$337
Per sqft
96
Days on mkt
3/1/6
Active/Pend/Sold

Typical home value in the 34241 ZIP is $583,869, about 3.4% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in RIVO LAKES, SARASOTA

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 10 listings
Distress share trend - 0.0% now (2026-08-10 → 2026-09-19)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Sarasota County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Sarasota County Public Schools (verify by address) · Public
  • Confirm zoned elementary, middle, and high · By address
  • Magnet and choice options may apply · Choice

Zoned schools reflect the assignments reported on recent Rivo Lakes listings and can change; always confirm with Sarasota County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Rivo Lakes address.

If we were buying in Rivo Lakes today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Rivo Lakes.

A closer look at the Rivo Lakes market

At a median of $312 per square foot, Rivo Lakes prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median down 18% year over year. Homes that do trade take a median 28 days on market, useful leverage on any listing that has lingered.

The housing stock is 97 homes built between 2018 and 2023, and 84% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in Rivo Lakes. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
5.7C+ · Buy Score
Recent Direction1.4/10
Owner Commitment8.3/10
Pricing Power7.5/10

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 3 factors (5.7). Basis: Recent Direction -18.4% year-over-year; Owner Commitment 84% owner-occupied; Pricing Power 96.2% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Rivo Lakes homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Rivo Lakes.
In short
  • HOA dues reported around $197/month (about $2,364/yr) · median of 88 MLS listings, most billed quarterly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $197 per month ($2,364 a year) - the median AssociationFee across 88 MLS records, normalised to a monthly figure; most are billed quarterly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Rivo Lakes sales matched to your home.

What is your Rivo Lakes home worth?

Get a no-obligation home value based on real comparable sales in Rivo Lakes, 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 all homes for sale in Sarasota →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Rivo Lakes?
The median sale price in Rivo Lakes was $1M over the 12 months ending August 2, 2026 (5 closed sales, Stellar MLS).
How long do homes in Rivo Lakes take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 28 days on market (5 sales, Stellar MLS).
How many homes are in Rivo Lakes?
The Florida DOR 2025 assessment roll shows 97 homes in Rivo Lakes (public records).
What share of Rivo Lakes is owner-occupied?
84% of Rivo Lakes parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Rivo Lakes built?
Homes in Rivo Lakes were built between 2018 and 2023, with a median year built of 2021 (FL DOR 2025 roll).
Do cash buyers compete in Rivo Lakes?
Cash buyers took 17% of Rivo Lakes sales in the 12 months ending June 2026 (1 of 6 closings, Stellar MLS).
What schools serve Rivo Lakes?
Rivo Lakes is served by Sarasota County Public Schools, typically Sarasota County Public Schools (verify by address) and Confirm zoned elementary, middle, and high. Confirm the exact zoning by address with the district.
Who is the best real estate agent for Rivo Lakes?
The best agent for Rivo Lakes is one who actively works Sarasota and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Rivo Lakes.
How do I find a top Sarasota real estate agent who knows Rivo Lakes?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Rivo Lakes and the wider Sarasota area.
Can Momentum Realty connect me with an agent for Rivo Lakes?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Rivo Lakes purchase or sale - no call center and no pressure.
Where is Rivo Lakes, and what county is it in?
Rivo Lakes is in SARASOTA, Sarasota County, FL, ZIP 34241.
Is Rivo Lakes a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Rivo Lakes: the median sale price over the last 12 months was $1.00M (5 sales), 99% above the SARASOTA median of $504K; homes took a median 28 days to go under contract; the assessment roll counts 97 homes, 84% of them homesteaded (owner-occupied); listings report Sarasota County Public Schools (verify by address), Confirm zoned elementary, middle, and high, Magnet and choice options may apply as the zoned schools. The full numbers, price history and the flood and school sections are above.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 21, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR assessment roll (community parcel extract)
Under-contract sharesStellar MLS records, as of 2026-08-01
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2019 (23 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 local 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.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →

Nearby Communities

Explore more neighborhoods near Rivo Lakes with Momentum Realty’s local guides.

Sunrise Golf Club1.4 mi awayWildgrass1.5 mi away · 47 homes, built 2015–19Palmer Ranch1.7 mi awaySunrise Preserve At Palmer Ranch1.7 mi away · 244 homes, built 2018–24CLCranes Landing1.9 mi awayAdmirals Walk2.0 mi away · median $180K, 9 sales/12 moHeritage Oaks Golf Country Club2.0 mi away · median $358K, 28 sales/12 moSkye Ranch Nbrhd Two Townhomes2.1 mi away

Browse all neighborhood guides →

Thinking of selling in RIVO LAKES? 5 recorded closings; median 28 days on market (window ending 2026-08-02). See the Sarasota County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
Talk to a Local Rivo Lakes Expert
Call Get Listings