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Property for sale at 8531 KARPEAL DRIVE, SARASOTA, FL, 34238
Property for sale at 8531 KARPEAL DRIVE, SARASOTA, FL, 34238
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8531 Karpeal DriveSarasota, FL, 34238

3beds
2baths
1,780sqft
Single Family Residence
Built in 2011
$707 Quarterly HOA Fee
$469,000
For sale
$550,000−$81,000 (15%)
Price per sqft
$263
Days on market
175
Listed
Apr 29
Last reduction
−$20,000
Jun 30, 2026
MLS #A4691474Updated Oct 4, 2026

About this property

Virtually Staged. Nestled on a desirable corner lot in the gated Palmer Oaks community of Palmer Ranch, this beautifully maintained 3-bedroom, 2-bath home offers exceptional privacy and beautiful Florida living. The home presents in mint condition throughout, with thoughtful updates and classic charm that make it move-in ready. The traditional Florida style made of solid concrete block/stucco and panels along the front for a cottage appeal—often characterized by clean lines, practical yet elegant design suited to the subtropical climate—features a welcoming facade with well-kept landscaping that sets a beautiful first impression. A two-car garage with a durable speckled epoxy-coated floor provides secure parking and extra storage. Inside, the large open floor plan creates a bright, airy atmosphere perfect for everyday living and entertaining. The spacious kitchen boasts all GE appliances, ample counter space and ample cabinetry for storage. There is a separate laundry room with hookups. The master suite is a true retreat, complete with an ensuite bath featuring both a soaking tub and a separate shower, plus a large walk-in closet for ample storage. The two additional bedrooms share a full bath accessible via the hallway, offering flexibility for family, guests, or a home office. Additional highlights include:

A new air conditioning system installed in 2025 for reliable year-round comfort. Hurricane shutters on the exterior for protection during strong storms. Elegant plantation shutters on the interior windows, providing privacy and excellent control over sunlight. A private screened lanai that overlooks the serene lake while maintaining a sense of seclusion and tranquility. The gated community offers a large pool and cabana with restrooms.

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Property details

Property type
Single Family Residence
Street address
8531 Karpeal Drive
City
Sarasota
State
FL
ZIP code
34238
Year built
2011
New construction
No
Attached property
No
Faces
South
Rooms
8
Living area
1,780 sqft
Total building area
2,561 sqft
Architectural style
Traditional
Levels
One

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at October 20, 2026 at 8:01 AM EDT

Price & sale history

Asking price reduced by $81,000 (14.7%) since first listed.

EventPrice
Price reducedMLS #A4691474$469,000Change: −14.7%−$81,000
Listed for saleMLS #A4691474$550,000
History may be incomplete.
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Location

Property for sale at 8531 KARPEAL DRIVE, SARASOTA, FL, 34238
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