Rivo Lakes
Homes for Sale in Sarasota, FL
All 2,420 homes for sale in SARASOTA, FL · median $550,000 · 198 homes for sale in 34241 · Sarasota County homes for sale
True comps, carrying-cost math, and listings before the portals.
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; 11 of 11 report an HOA (median $197/mo); none of the 11 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).
| Location | SARASOTA, Sarasota County, FL · ZIP 34241 |
|---|---|
| Homes in the community | 97 (FL DOR 2025 assessment roll) |
| Years built | 2018–2023 (median 2021) |
| Typical living area | 4,061 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Deed 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 now | 0 active, 0 pending |
| Owner-occupied (homestead) share | 84% |
| Zoned public schools | Sarasota 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 $1,299,000), 2 under contract right now. As of October 13, 2026, Listings courtesy of Stellar MLS as distributed by MLS GRID.
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 · 1 daysTop listing
Active · 31 days
Active · 21 days
Active · 114 days
Pending · 150 daysActive and pending Rivo Lakes listings as of 2026-10-12, 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 (5)
All 5 active and pending Rivo Lakes listings with a detail page, newest first, refreshed twice a day from the MLS.
- 6185 Lungo Lago Drive · $1,299,000 · 4 bd / 4 ba · listed Oct 9, 2026 · listed by Medway Realty
- 6285 Rivo Lakes Boulevard · $889,900 · 3 bd / 3 ba · listed Sep 19, 2026 · listed by Coldwell Banker Realty
- 6233 Rivo Lakes Boulevard · $1,150,000 · 5 bd / 4 ba · listed Sep 3, 2026 · listed by Bang Realty - Naples
- 6325 Rivo Lakes Boulevard · $815,000 · 4 bd / 3 ba · listed Jul 14, 2026 · listed by Exp Realty Llc
- 6129 Lungo Lago Drive · $975,000 · 4 bd / 3 ba · pending · listed Jul 14, 2026 · listed by Michael Saunders & Company
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 October 13, 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.
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).
The setting & the homes.
Aerial and on-site photos of Rivo Lakes. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Rivo LakesPhotos from Stellar MLS listings in Rivo Lakes; content deemed reliable but not guaranteed.
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 ($1M) IS the median in the snapshot above, and the move from 2025 ($1.23M) IS the -18.4% one-year change.
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.
28% 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 (2026-10-13).
Rivo Lakes Market Scorecard
Rivo Lakes is currently a buyer's market. About 8.0 months of supply, a median asking price of $1,019,950, and homes go under contract in about 27 days.
Typical home value in the 34241 ZIP is $583,449, about 4.0% 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.
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 October 2026 through October 2026. Deemed reliable but not guaranteed.
Rivo Lakes on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- 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.
Shop the zone: Homes zoned for Riverview High High School · Homes zoned for Sarasota High High School
Recent Developments in Rivo Lakes
Development, infrastructure, retail, and school activity affecting Rivo Lakes, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated October 2026.
- October 2026Development
Proposed 324-unit 1899 Fruitville apartment project in downtown Sarasota falls through
A plan by Bristol Development Group for 324 apartments, called 1899 Fruitville, near Fruitville Road and Washington Boulevard is no longer moving forward. Landlords told tenant business owners the project was voided. It had partial city approvals and was reportedly close to final permitting.
What it may mean for the marketThe loss of 324 planned apartments removes expected rental supply near downtown Sarasota and leaves the cottage commercial cluster in place for now. The project is about 8 miles northwest of Rivo Lakes, elsewhere in Sarasota County.
Source: WWSB ABC7 Sarasota - September 2026Infrastructure
Sarasota Memorial plans outpatient cancer center expansion in Venice, targeted for 2028
Sarasota Memorial plans an outpatient cancer center in Venice expanding the Brian D. Jellison Cancer Institute, which opened in 2020. The first floor would hold radiation oncology, clinics, infusion and imaging, with a shelled second floor and a third floor for endoscopy and gastroenterology. Preliminary work has begun and the build-out is planned for 2028, pending permits.
What it may mean for the marketAdded oncology and outpatient capacity in Venice would improve healthcare access and create medical jobs in south Sarasota County. The project is about 11 miles south of Rivo Lakes, elsewhere in Sarasota County.
Source: Sarasota Magazine - September 2026Civic
Sarasota County opens new $100 million administration building at 1 Apex Road
Sarasota County moved operations into a 121,160 square foot administration building at 1 Apex Road off I-75. It replaces the former building on Ringling Boulevard downtown, which was sold to a developer for about $25 million. Total cost was about $100.15 million, including more than $22 million from a voter-approved surtax.
What it may mean for the marketRelocating county services to the I-75 corridor shifts daily government traffic away from downtown and frees the Ringling Boulevard site for redevelopment. The site is about 6 miles north of Rivo Lakes.
Source: WWSB ABC7 Sarasota - July 2026Parks & Amenities
North Port breaks ground on $16.7M Warm Mineral Springs renovation
North Port leaders began construction on a 16.7 million dollar rehabilitation of Warm Mineral Springs Park, focused on restoring three historic buildings including the Admission Building and the Spa Building. Work is expected to take about 16 months with a potential reopening in late 2027.
What it may mean for the marketRenovating a historic public park upgrades civic amenities and preserves a longstanding attraction while the site is temporarily under construction. The project is about 17 miles southeast of Rivo Lakes, elsewhere in Sarasota County.
Source: MySuncoast (ABC7) - July 2026Parks & Amenities
Nathan Benderson Park expansion targets year-round use with new indoor facility
Nathan Benderson Park will add an indoor facility with about 100,000 square feet of hardwood courts for volleyball, basketball, gymnastics and pickleball, plus a new boathouse and storm resilient event space on Regatta Island, funded by 10 million dollars in Florida's 2026 to 2027 budget. Groundbreaking is planned for fall 2026 with completion targeted for August 2028.
What it may mean for the marketAn indoor sports and event venue expands year round recreational capacity and adds a storm resilient facility at an established regional park in Sarasota County. The project is about 9 miles north of Rivo Lakes, elsewhere in Sarasota County.
Source: MySuncoast (ABC7)
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
The Rivo Lakes buying strategy.
If we were buying in Rivo Lakes 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 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.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Rivo Lakes 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 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.
What it really costs to own in Rivo Lakes
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| HOA dues | Median $197/month across 287 MLS listings (most billed quarterly; 2026-10-13). Dues cover what the documents say they cover; ask for the budget and reserve study. |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Sarasota County is $2,126/yr (4,849 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 2021 across 10 listings. Newer roofs and current wind-mitigation features usually mean the lower end of insurance quotes. |
Ask an agent about Rivo Lakes
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Rivo Lakes will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA dues reported around $197/month (about $2,364/yr) · median of 287 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 287 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, 2026-10.
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 Rivo Lakes 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 Rivo Lakes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Rivo Lakes, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
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.
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Frequently Asked Questions
What is the median home price in Rivo Lakes?
How long do homes in Rivo Lakes take to sell?
How many homes are in Rivo Lakes?
What share of Rivo Lakes is owner-occupied?
When were the homes in Rivo Lakes built?
Do cash buyers compete in Rivo Lakes?
What schools serve Rivo Lakes?
Who is the best real estate agent for Rivo Lakes?
How do I find a top Sarasota real estate agent who knows Rivo Lakes?
Can Momentum Realty connect me with an agent for Rivo Lakes?
Where is Rivo Lakes, and what county is it in?
Is Rivo Lakes a good place to live?
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: October 12, 2026) |
| Community market stats | Stellar MLS closed sales, 12-month windows ending August 2, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (community parcel extract) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Schools | 2025-26 district assignments + FLDOE school grades; verify with the district |
| Historical depth | Closed-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.
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See how RIVO LAKES fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Rivo Lakes
- Home values · What homes in Rivo Lakes actually sell for
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