Rivo Lakes
Homes for Sale in Sarasota, FL
All 2,742 homes for sale in Sarasota, FL · median $554,895 · 219 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).
Last 30 days in Rivo Lakes: 1 new listing (median asking $1,299,000), 2 under contract right now. As of November 1, 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 · 22 daysTop listing
Active · 54 days
Active · 136 days
Under Contract · 150 days
Under Contract · 24 daysActive and pending Rivo Lakes listings as of 2026-11-01, 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.
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 November 2, 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 Lakes
Rivo Lakes
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.
Rivo Lakes Market Scorecard
Rivo Lakes is currently a buyer's market. About 6.0 months of supply, a median asking price of $1,150,000, and homes go under contract in about 54 days.
Typical home value in the 34241 ZIP is $585,039, about 4.5% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
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 contributors.
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 Sarasota High High School · Homes zoned for Riverview 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 November 2026.
- October 2026Development
VA plans 109,688-square-foot clinic on Lakewood Ranch Boulevard to replace Sarasota facility
The VA has awarded a construction lease for a two-story clinic at 2390 Lakewood Ranch Boulevard that would replace the current Sarasota VA Clinic. The building is in design, with construction projected to start in late 2027. Planned services include primary care, mental health, audiology, optometry, dental and telehealth, with more than 120,000 patients served annually.
What it may mean for the marketA larger outpatient campus on the Lakewood Ranch Boulevard corridor adds health-care jobs and a major service destination for east Sarasota and west Manatee commutes. The site is about 3 miles north of Rivo Lakes.
Source: WWSB ABC7 (mysuncoast.com) - October 2026Civic
Performing arts foundation starts dispute resolution with Sarasota over proposed center
The Sarasota Performing Arts Foundation board began the alternative dispute resolution process under its 2022 agreement with the city after the city proposed amendments. The foundation reported $50 million in private gifts and pledges this spring and is weighing independent development. No decisions have been made on location, funding structure or timeline.
What it may mean for the marketThe timing and site of a major cultural venue remain open, which affects the future of downtown and bayfront destination uses. The project is about 8 miles northwest of Rivo Lakes, elsewhere in Sarasota County.
Source: SRQ Daily (SRQ Magazine) - October 2026Market
Downtown Sarasota housing pipeline meets a rental market with high vacancy and concessions
Sarasota Magazine tallied projects including Saravela (282 residences), Lumora (178) and 1776 Ringling (52). Apartment List data for September 2026 put metro vacancy at 10.36% and showed 63.81% of properties offering concessions. Sarasota County vacancy fell from 16.17% to 10.70% year over year, while Manatee County rose from 8.83% to 10.07%.
What it may mean for the marketElevated vacancy and widespread concessions point to ample rental supply and negotiating room, while the downtown pipeline keeps adding units. The site is about 8 miles northwest of Rivo Lakes.
Source: Sarasota Magazine - October 2026Development
Sarasota approves Midtown Plaza redevelopment with 145-room hotel and 91 apartments
City commissioners approved a plan to demolish the aging grocery store at Midtown Plaza. The replacement includes a 145-room hotel and 91 apartments, 23 of them attainably priced. Sarasota Magazine reported the approval came on October 19 for the 3.32-acre southern portion.
What it may mean for the marketAdds rental housing and lodging near the Main Street and Tamiami Trail corridor, replacing a long-underused retail site. The project is about 8 miles northwest of Rivo Lakes, elsewhere in Sarasota County.
Source: WWSB ABC7 (mysuncoast.com) - 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 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
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.
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.
See all homes for sale in Sarasota →
| 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.
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 November 2026 through November 2026. Deemed reliable but not guaranteed.
Just listed in Rivo Lakes
The newest homes for sale in Rivo Lakes right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 6185 Lungo Lago Drive $1,299,000 · 4 bd · 4 ba · 3,931 sq ft · listed Oct 11, 2026 Courtesy of MEDWAY REALTY
- 6233 Rivo Lakes Boulevard $1,150,000 · 5 bd · 4 ba · 3,594 sq ft · listed Sep 9, 2026 Courtesy of BANG REALTY - NAPLES
- 6325 Rivo Lakes Boulevard $800,000 · 4 bd · 3 ba · 2,418 sq ft · listed Jun 19, 2026 Courtesy of EXP REALTY LLC
Checked against the MLS nightly. All new listings in this market.
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 · pending · 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 · $800,000 · 4 bd / 3 ba · listed Aug 3, 2026 · listed by Exp Realty Llc
- 6129 Lungo Lago Drive · $975,000 · 4 bd / 3 ba · pending · listed Aug 3, 2026 · listed by Michael Saunders & Company
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Sarasota guides & data
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- Rivo Lakes Boulevard (39 homes on record)
- Rivo Lakes Boulevard (1 homes on record)
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 9 MLS listings (most billed quarterly; 2026-11-02). 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 2022 across 9 listings. Newer roofs and current wind-mitigation features usually mean the lower end of insurance quotes. |
Email me new listings in Rivo Lakes
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
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.
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: November 1, 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:
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More on Rivo Lakes
- Home values · What homes in Rivo Lakes actually sell for