Terraces of Forest Lakes in Sarasota

Terraces of Forest Lakes
Homes for Sale in Sarasota, FL

All 2,394 homes for sale in SARASOTA, FL · median $549,625 · 830 condos for sale in SARASOTA · 123 homes for sale in 34232 · Sarasota County homes for sale

Community in Sarasota · Sarasota County · ZIP 34232
1 homesMedian sale $215K
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Built fromLive Stellar MLS data17 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-08-02, 3 recorded sales closed at a median of $215,000, $171 per square foot, a median 112 days on market, sellers accepting 82% of original asking. Homes listed or recently sold were built 1967 - 1978; none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 20 ft). At the median price and Sarasota County's FY2025-26 rate of 13.48 mills, annual property tax runs about $2,900 ($2,370 with the full homestead exemption).

Part of the Forest Lakes master-planned community in Sarasota, FL — see all Forest Lakes homes for sale (4 listings across 2 villages and sections in the MLS).

Live · Terraces of Forest Lakes Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$215K
Median sold · 12 mo
$171/sf
Sold $/sqft · 12 mo
peak $253 in 2023
81.7%
Sale vs ask
Sarasota median: 93.0%
Tempo
112days
Median DOM · closed
3 days at the 2022 low
0 · 0
For sale · pending
live counts, refreshed twice daily
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
0%
Owner-occupied · Terraces of Forest Lakes
0 of 1 parcels homesteaded (FL DOR 2025)
100%
Non-owner-occupied · Terraces of Forest Lakes
incl. 0% trust or LLC-held · 0% out-of-state
67%
Cash buyers · Terraces of Forest Lakes
2 of 3 sales, 12 mo ending June 2026
1
Homes in the community
1 residential parcels (FL DOR 2025)
Track record · 17 years of records
3
Failed listings · 2026
peaked at 3 in 2022
1,171sqft
Median sold home size
12-mo windows, closed sales
300.0%/yr
Turnover rate
about 3 of 1 homes trade a year

Nearby homes for sale

No active listings inside TERRACES OF FOREST 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.

2749 GREENDALE DRIVE
$525K · 0.0 mi away
3 bd · 2 ba · 1,899 sqft
2749 GREENDALE DRIVE
Listed by DALTON WADE INC
2111 FAIRFIELD AVENUE
$345K · 0.3 mi away
3 bd · 2 ba · 1,166 sqft
2111 FAIRFIELD AVENUE
Listed by ENTERA REALTY LLC
2600 CAMBRIDGE DRIVE
$500K · 0.3 mi away
3 bd · 2 ba · 1,817 sqft
2600 CAMBRIDGE DRIVE
Listed by REAL BROKER, LLC
4108 PRESCOTT STREET
$475K · 0.3 mi away
3 bd · 2 ba · 1,581 sqft
4108 PRESCOTT STREET
Listed by EXP REALTY LLC
2448 CLUBHOUSE DRIVE #202
$189K · 0.3 mi away
2 bd · 2 ba · 1,013 sqft
2448 CLUBHOUSE DRIVE #202
Listed by COLDWELL BANKER REALTY
2756 CLUBHOUSE DRIVE #202
$199K · 0.3 mi away
2 bd · 2 ba · 1,264 sqft
2756 CLUBHOUSE DRIVE #202
Listed by MICHAEL SAUNDERS & COMPANY

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

The 60-Second Overview

Terraces of Forest Lakes market snapshot (as of August 2, 2026): the median sale price is about $215K ($171 per sq ft over the trailing 12 months of closed sales), and a median 112 days on market for closed sales.

In ZIP 34232 (SARASOTA), 377 homes closed in the last 12 months at a median of $390K ($269/sq ft), up 1.2% year over year, with a median 42 days on market. Right now 5 active and 1 pending listings - a buyer's market. See the live ZIP 34232 housing market and the Sarasota County market.

Stellar MLS sales records identify 25 homes in TERRACES OF FOREST LAKES that have changed hands since 2009, built between 1966 and 1979 (median 1978), with a median living area of about 1,056 sq ft and a typical 2-bedroom, 2-bath layout; 88% are condominiums. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Windows contain 0 to 6 sales each (3 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 2009 through 2026. Deemed reliable but not guaranteed.

Every sale since 2009 · price vs size
$0$100K$200K$300K1k2k
31 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 6 a year; 3 in the current window.
Sellers who gave up · failed listings per year
0123201220162020202220242026
Canceled, expired, or withdrawn. 3 quit in 2022; 3 so far in 2026. The clearest stress gauge a community has.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Sarasota County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,489/mo
Sarasota County typical true cost to own
$177/mo
Sarasota County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

25% of homes for sale in ZIP 34232 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).

The Terraces of Forest Lakes Market Scorecard

Balanced

The Terraces of Forest Lakes is currently a balanced market. About 4.0 months of supply, a median asking price of $159,000, and homes go under contract in about 98 days.

4.0
Months supply
$159,000
Median list
$215,000
Median sold
$165
Per sqft
98
Days on mkt
1/0/3
Active/Pend/Sold

Typical home value in the 34232 ZIP is $359,811, about 11.0% below 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.

Homes For Sale Right Now in Terraces of Forest Lakes

Live MLS inventory for Terraces of Forest 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 Terraces of Forest Lakes listings as of 2026-09-20, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2009 through 2026. Tap any home to ask about it.

Every Home for Sale in Terraces Of Forest Lakes Right Now (1)

All 1 active and pending Terraces Of Forest Lakes listings with a detail page, newest first, refreshed twice a day from the MLS.

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
  • Wilkinson Elementary (Sarasota County Schools)FLDOE grade B · Public
  • Brookside Middle (Sarasota County Schools)FLDOE grade A · Public
  • Sarasota High (Sarasota County Schools)FLDOE grade A · Public

Grades are official Florida Department of Education school grades for 2025-26. Assignments are reported as of the 2025-26 year 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 Terraces of Forest Lakes address.

If we were buying in Terraces of Forest 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 Terraces of Forest Lakes.

A closer look at the Terraces of Forest Lakes market

At a median of $171 per square foot, Terraces of Forest 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 location and the amenities are priced into every listing in Terraces of Forest Lakes. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Terraces of Forest 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 Terraces of Forest Lakes.
In short
  • HOA dues reported around $504/month (about $6,048/yr) · median of 20 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $504 per month ($6,048 a year) - the median AssociationFee across 20 MLS records, normalised to a monthly figure; most are billed monthly. 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 Terraces of Forest Lakes sales matched to your home.

What is your Terraces of Forest Lakes home worth?

Get a no-obligation home value based on real comparable sales in Terraces of Forest 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 Terraces of Forest Lakes?
The median sale price in Terraces of Forest Lakes was $215K over the 12 months ending August 2, 2026 (3 closed sales, Stellar MLS).
How long do homes in Terraces of Forest Lakes take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 112 days on market (3 sales, Stellar MLS).
How many homes are in Terraces of Forest Lakes?
The Florida DOR 2025 assessment roll shows 1 homes in Terraces of Forest Lakes (public records).
What share of Terraces of Forest Lakes is owner-occupied?
0% of Terraces of Forest Lakes parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
Do cash buyers compete in Terraces of Forest Lakes?
Cash buyers took 67% of Terraces of Forest Lakes sales in the 12 months ending June 2026 (2 of 3 closings, Stellar MLS).
What schools serve Terraces of Forest Lakes?
Terraces of Forest Lakes is served by Sarasota County Public Schools, typically Wilkinson Elementary (Sarasota County Schools), Brookside Middle (Sarasota County Schools) and Sarasota High (Sarasota County Schools). Confirm the exact zoning by address with the district.
Who is the best real estate agent for Terraces of Forest Lakes?
The best agent for Terraces of Forest 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 Terraces of Forest Lakes.
How do I find a top Sarasota real estate agent who knows Terraces of Forest 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 Terraces of Forest Lakes and the wider Sarasota area.
Can Momentum Realty connect me with an agent for Terraces of Forest Lakes?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Terraces of Forest Lakes purchase or sale - no call center and no pressure.
Where is Terraces of Forest Lakes, and what county is it in?
Terraces of Forest Lakes is in SARASOTA, Sarasota County, FL, ZIP 34232.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 20, 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 2009 (31 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 →

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CallFree valuation →
Thinking of selling in TERRACES OF FOREST LAKES? 3 recorded closings; median 112 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.

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.

Nearby Communities

Explore more neighborhoods near Terraces of Forest Lakes with Momentum Realty’s local guides.

Enclave At Forest Lakes0.1 mi away · 8 homes, built 2016–16Forest Lakes Country Club Estates0.2 mi away · median $492K, 5 sales/12 moForest Lakes0.6 mi away · median $647K, 6 sales/12 moPinecraft0.7 mi away · median $455K, 5 sales/12 moHomecroft0.7 mi away · median $796K, 6 sales/12 moVillage Green0.7 mi away · median $250K, 13 sales/12 moBellevue Terrace1.0 mi away · median $397K, 14 sales/12 moWGWildwood Gardens1.1 mi away

Browse all neighborhood guides →

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