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$1,299,900
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Property Description
An extraordinary lakefront setting. Timeless architecture. A rare opportunity in the heart of Aledo. Tucked behind the gates of The Lakes of Aledo, this exceptional estate occupies approximately 1.9 acres overlooking the community's largest lake, offering a remarkable combination of privacy, breathtaking waterfront views, and convenience within highly regarded Aledo ISD. Surrounded by beautifully maintained grounds and distinguished neighboring estates, the property delivers the peaceful atmosphere of a private retreat just minutes from the heart of Aledo. This nearly 4,800-square-foot residence showcases a level of craftsmanship and architectural detail rarely replicated in today's construction. Soaring ceilings, exposed beams, elegant stonework, hand-scraped hardwoods, custom millwork, and multiple fireplaces create a home rich in character and enduring quality. Generous living and entertaining spaces flow throughout, while the private owner's retreat captures tranquil views of the lake. Outdoor living is truly exceptional. Enjoy mornings overlooking the water, evenings beside the covered patio fireplace, and year-round entertaining from the upper lanai, outdoor kitchen, and firepit. Manicured lawns, mature landscaping, stone retaining walls, and direct access to the stocked lake create a setting that feels both expansive and intimate. Additional amenities include a gourmet kitchen, three high-efficiency HVAC systems with six-zone climate control, integrated smart-home technology, fiber internet, whole-home security, a recently installed Class 4 impact-resistant roof, and a climate-controlled garage with workshop space. More than a beautiful home, this is an opportunity to own one of The Lakes of Aledo's most exceptional waterfront settings, where privacy, architectural substance, and an irreplaceable location 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: 10/12/2026
- Added to Site: 136 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
- Property Condition: Resale
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
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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.

