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$1,299,900
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Property Description
New Price Plus $20,000 Seller Credit! Positioned on arguably the premier lot in The Lakes of Aledo, this exceptional 2-acre lakefront estate overlooks the community's largest lake and offers breathtaking water views from throughout the home. Thoughtfully remodeled by Sean Knight, the property combines timeless architecture, quality craftsmanship, and modern conveniences in one of Aledo's most sought-after gated communities. A grand circle drive, Bellagio cast stone accents, tiled front porch, manicured landscaping, gated entry, full perimeter fencing, and a recently installed Category 4 hail-resistant roof create a striking first impression. Inside, soaring ceilings, groin and barrel ceiling details, exposed beams, extensive crown molding, travertine flooring, hand-scraped hardwoods, custom built-ins, plantation shutters, and multiple fireplaces showcase the home's enduring quality. The gourmet kitchen features granite countertops, double convection ovens, a propane WiFi-enabled range and AI dishwasher. The private owner's retreat offers serene lake views, automatic blinds, custom closets, a jetted soaking tub, and an oversized walk-through shower. Additional features include three high-efficiency HVAC systems with six-zone climate control, fiber internet, whole-home security and camera systems, integrated speakers, dual WiFi-enabled water heaters, walk-in attic access, smart-home features, and a climate-controlled garage with workshop space. Outdoor living is equally impressive with a covered porch fireplace, upper lanai, built-in grill, firepit, stone retaining walls, and direct access to the stocked lake. Lake-fed irrigation helps maintain the beautiful grounds while reducing water costs. A rare opportunity to own a true lakefront legacy property where irreplaceable views, timeless design, and exceptional craftsmanship come together.
Full Property Details
Full Property Details for 132 The Lakes Dr
General
- Price: $1,299,900
- HOA FEE: $100/month
- HOA FEE FREQ.: Annually
- Taxes: $16,018
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21277890
- Updated: 7/7/2026
- Added to Site: 45 day(s) ago
Interior
- Interior Features: Dry Bar, Decorative/Designer Lighting Fixtures, High Speed Internet, Cable TV, Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 3
- Fireplace(s): Family Room, Library, Outside
- Appliances: Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Vented Exhaust Fan, Wine Cooler
- Flooring: Carpet, Ceramic Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Laundry in Utility Room
Additional Information
- Security/Safety: Security Gate, Gated Community
- Equipment: Irrigation Equipment
Exterior
- Exterior Features: Balcony, Outdoor Grill
- Porch/Patio/Deck: Balcony, Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Additional Parking, Circular Driveway, Door-Multi, Electric Gate, Garage, Garage Door Opener, Gated, Heated Garage, Garage Faces Side
Location
- County: Parker
- Subdivision: The Lakes Of Aledo
- Driving Directions: GPS
School Information
- Elem School District: Aledo ISD
- Midd School District: Aledo ISD
- High School District: Aledo ISD
- Elementary School: Annetta
- Middle School: Aledo
- High School: Aledo
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: Lakes of Aledo
- Assoc. Fees Include: Association Management
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Central, Natural Gas, Zoned
Utilities
- Sewer: Aerobic Septic
- Water: Public
- Cable Available: Yes
- Utility Description: Septic Available, Underground Utilities, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: French Provincial, Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick, Rock, Stone, Wood Siding
- Roof: Composition
- Stories/Levels: 2
- Living Area: 4,753 Sq. Ft.
- Year Built: 2008
Additional Structures
- Other Structures: Outdoor Kitchen
Lot Features
- Property View: Water
- Lot Size (Acres): 1.9
- Lot Size (Sq. Ft.): 82,764
- Lot Size Source: Public Records
- Lot Features: Acreage, Back Yard, Corner Lot, Lawn, Landscaped, Subdivision, Sprinkler System, Waterfront
- Fencing (Description): Fenced, Full
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake Front, Waterfront
- Lake Front: Yes
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $1,200
- Assoc Fee Freq.: Annually
- Tax Amount: $16,018
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: ACRES: 1.900 LOT: 17 SUBD: THE LAKES OF ALEDO
- Exclusions: Drapery panels, sculptural art above fireplace in office.
- Disclosures/Rstr.: Municipal Utility District Disclosure
- Property ID: R000089490
- Block: 1
- Lot Number: 17
Listed by Briggs Freeman Sotheby's Int'l, Amber Sustala
Get Pre-Approved Today
Schools
Schools serving 132 The Lakes Dr
School District:Aledo Independent School District
| Name | Grades | Distance |
|---|---|---|
Annetta El 1001 Learners Ln, Aledo, TX 76008 | K-5 | 0.8 mi |
Don R Daniel Ninth Grade Campus 990 Bailey Ranch Road, Aledo, TX 76008 | 9- | 2.9 mi |
Aledo High School 1000 Bailey Ranch Road, Aledo, TX 76008 | 10-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 132 The Lakes Dr
Date
Details
Price
Change
Source
7/05/2026
Price Reduced
$1,299,900
-2.26%
MLS
5/29/2026
Listed
$1,329,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 132 The Lakes Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,344
18%
$905,237
-25%
2024
$12,190
—
$1,199,412
-7%
2023
$12,190
-7%
$1,289,550
90%
2022
$13,106
4%
$680,120
—
2021
$12,583
4%
$680,120
19%
2020
$12,082
-3%
$573,650
—
2019
$12,473
-4%
$573,650
2%
2018
$13,008
—
$563,160
—
2017
$13,044
-1%
$563,160
—
2016
$13,227
1%
$563,880
—
2015
$13,060
17%
$563,880
5%
2013
$11,169
—
$539,530
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 132 The Lakes Dr
132 The Lakes Drive, Aledo, TX 76008 (MLS# 21277890) is a Single Family property with 4 bedrooms and 5 full bathrooms. 132 The Lakes Drive is currently listed for $1,299,900 and was received on May 29, 2026. Want to learn more about 132 The Lakes Drive? Do you have questions about finding other Single Family real estate for sale in Aledo? You can browse all Aledo real estate or contact a Coldwell Banker agent to request more information.

