$608,000
SOLD FEB 28, 2025

WaterCrest 6406 Watercrest Way Unit 402 Lakewood Ranch, FL 34202

3 Beds
2 Baths
1,916 Sq Ft
$1,280/mo HOA Fee

Recently Sold

$317 Per Sq Ft

3% Below List Price

229 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Community Lake
  • Lakewood Ranch High School Rated A-
  • Lake View
  • Clubhouse

About This Home

As of February 2025

PRICE IMPROVEMENT -- UPGRADED RENOVATIONS IN EXPANSIVE WATERCREST PENTHOUSE.
ENJOY SPECTACULAR VIEWS AND RESORT-STYLE LIVING IN WATERFRONT CONDO ON 163 ACRE LAKE UIHLEIN IN THE “HEART OF LAKEWOOD RANCH” … LOCATED IN #1 MASTERPLANNED COMMUNITY IN AMERICA.
Nothing in Lakewood Ranch compares to Watercrest and this perfect location. This 3 Bedroom 2 Bath spacious unit boasts BREATHTAKING and Spectacular views of Lake Uihlein and Lakewood Ranch Golf course, located so both Sunrise and Sunsets may be enjoyed. This stunning open concept home features: Spacious Kitchen complete with granite countertops, UPDATED cabinets, garbage disposal, coffered ceilings with crown moldings, LED lighting and stainless-steel appliances, built-in unit with wine refrigerator on lanai, redone walk-in organized closets in the primary bedroom. The large primary ensuite bath with double vanities and second bath has been completely renovated and updated in May 2024 with Quartz countertops and European-style cabinets. This lakefront 4th floor condo is a rare find in the gated upscale community of Watercrest. Meticulously maintained condo features luxury vinyl floors through the main living areas. Oversized 2-car enclosed garage opening into the elevator lobby. **The Clubhouse is currently being redecorated and the pool is being remarcited. This is not a cost to the new buyers. It has already been paid for out of reserve funds. Close distance to Lakewood Ranch Main Street dining venues, shopping, movies, events, music every first Friday of the month. Lakewood Ranch Publix, Walgreen’s and Medical Center are very close. Watercrest is a highly sought after private and gated community where only residents have access to amenities including a Clubhouse, resort-style heated pool, Fitness center, all for their convenience. This condo is a top floor unit with 3 spacious Bedrooms, 2 Bathrooms, indoor garage, no see-um screened lanai with spectacular views of the lake. As an added bonus, the Watercrest Clubhouse has just recently been very tastefully re decorated. UTC Mall (Newest Mall in America) and entrance to I-75 nearby. Centrally located near Sarasota/Bradenton cultural activities. Don’t miss this special Condo in a lakefront community. All Disclosures, FAQ attached.
Watercrest Condo has no known assessments which is a big plus and the proposed budget reflects an only 3.7 increase for 2025. Watercrest is very secure financially. Please verify all measurements. Please submit offers on FR/FB with Proof of Funds with Pre-approval letter. Furnishings under separate contract. Please view Feature Sheet

Last Agent to Sell the Property

Rebecca Dean

COLDWELL BANKER REALTY Brokerage Phone: 941-907-1033 License #0552299

COLDWELL BANKER REALTY

Last Buyer's Agent

Aaron Pyman

REDFIN CORPORATION License #3508502

REDFIN CORPORATION

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,424

Year Built

  • Built in 2005

HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,916 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • L-Shaped Dining Room

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Gate

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Reclaimed Water Irrigation System
  • Balcony
  • East Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, maintenance structure, ground maintenance, management, private road, security
  • Jeanne Moschella Association, Phone Number (941) 907-0948
  • Visit Association Website
  • Lakewood Ranch Edgewater Association
  • Edgewater Community
  • Watercrest Ph 3 Subdivision
  • The community has rules related to building or community restrictions, deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Community Lake

Amenities

  • Elevator
  • Community Mailbox

Recreation

Pet Policy

  • 2 Pets Allowed
  • Breed Restrictions
  • Large pets allowed

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,424

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,280 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Maintenance Structure, Maintenance Grounds, Management, Private Road, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1916
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 2116
  • Directions to Property: OFF 1 75 TO UNIVERSITY PARKWAY, GO EAST TURN LEFT UNTO LAKEWOOD RANCH BLVD, GO TO WATERCREST WAY, TURN RIGHT, GO TO GUARD GATE, PUT IN CODE GIVEN BY LISTING AGENT. GO TO BUILDING 6406 UNIT 402, ON RIGHT SIDE OF THE STREET.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 4
  • List Office Head Office Key Nume: 1046393
  • Minimum Lease: 3 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 317.33
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Lake
  • Attribution Contact: 941-907-1033
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Luxury Vinyl, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Crown Molding, High Ceilings, Kitchen/Family Room Combo, L Dining, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Stories: 4
  • Window Features: Window Treatments
  • Street Number Modifier: 6406
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 178.00
  • Room Count: 8

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Irrigation System, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Water Body Name: LAKE UIHLEIN
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2014-03-17
  • Flood Zone Panel: 12081C0345E

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Same Floor As Condo Unit, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Clubhouse, Community Mailbox, Deed Restrictions, Fitness Center, Gated Community - No Guard, Irrigation-Reclaimed Water, No Truck/RV/Motorcycle Parking, Pool, Sidewalks, Special Community Restrictions
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Pool, Security, Vehicle Restrictions
  • Association Fee: 3823.23
  • Association Fee Frequency: Quarterly
  • Association Name: JEANNE MOSCHELLA
  • Phone: 9419070948
  • Association: Yes
  • Security: Gated Community, Security Gate, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association #2 Fee: 74
  • Association #2 Fee Frequency: Annually
  • Association: Lakewood Ranch Edgewater
  • Association 2 YN: 1
  • Association Approval Required YN: 1
  • Pet Restrictions: Please see Declaration of Condo Rules
  • Association Fee Requirement: Required
  • Building Name Number: 6406
  • Condo Fees: 0
  • Condo Land Included YN: 1
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: WATERCRESTCONDOMANAGER@GMAIL.COM
  • Pet Size: Large (61-100 Lbs.)
  • Association URL: WATERCRESTCONDO.COM
  • Development: Not Assigned

Fee Information

  • Total Annual Fees: 15366.92
  • Total Monthly Fees: 1280.58
  • Monthly HOA Amount: 1274.41

Lot Info

  • Zoning: PDMU
  • Parcel Number: 588622509
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 0

Rental Info

  • Pets Allowed: Breed Restrictions
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please review Condo Docs

Tax Info

  • Tax Annual Amount: 4424
  • Tax Book Number: 33-17
  • Tax Lot: 6406
  • Tax Other Annual Assessment Amount: 481

Multi Family

  • Approval Process: Please review Condo Docs

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $608,000 -1.9% $317 / Sq Ft
01/08/2025 01/08/25 Pending -- -- --
12/04/2024 12/04/24 Price Changed $619,900 -1.6% $324 / Sq Ft
05/23/2024 05/23/24 For Sale $629,900 +78.7% $329 / Sq Ft
02/02/2018 02/02/18 Sold $352,500 -6.0% $202 / Sq Ft
01/14/2018 01/14/18 Pending -- -- --
10/31/2017 10/31/17 For Sale $374,900 -- $215 / Sq Ft
Source: Stellar MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,424 $319,076 -- --
2023 $4,424 $309,783 $0 $0
2022 $4,267 $300,760 $0 $0
2021 $4,093 $292,000 $0 $292,000
2020 $4,818 $285,000 $0 $285,000
2019 $4,889 $285,000 $0 $285,000
2018 $5,379 $295,000 $0 $0
2017 $5,028 $294,600 $0 $0
2016 $5,032 $294,600 $0 $0
2015 $4,542 $294,600 $0 $0
2014 $4,542 $249,697 $0 $0
2013 $4,084 $206,509 $1 $206,508
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $43,950 Credit Line Revolving
Previous Owner $351,600 Fannie Mae Freddie Mac
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $608,000 Title Forward
Interfamily Deed Transfer -- Accommodation
Warranty Deed $352,500 Attorney
Special Warranty Deed $441,600 University Title Svcs Llc
Source: Public Records

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Source: Stellar MLS

MLS Number: A4610408

Stellar MLS

APN: 5886-2250-9