SARASOTA, FLORIDA, August 9, 2017 – More than 10,000 residences sold as of January 2017, and the counting still mounts. This running tally ticking like clockwork pretty much lays out the track taken by Lakewood Ranch which is marking its 23rd anniversary in 2017.
This master-planned development is drawing much of its recent growth from the wave of new residential building projects on the northern part of its sprawling 17,500 acres. Located roughly between the cities of Bradenton and Sarasota, these projects creating new homes for sale in Lakewood Ranch largely emerged as part of the housing recovery following the Great Recession.
With this spate of new rooftops coming in, Lakewood Ranch has firmly established itself amongst the top 10 master developments in the U.S. for five consecutive years. Several factors contribute to the sustained healthy growth of new Lakewood Ranch homes for sale.
One of these growth drivers is the winning strategy of its master developer, Schroeder Manatee Ranch, to invite new builders to bolster and diversify the market offerings within this master-planned community. At the same time, other builders previously involved in growing Lakewood Ranch remained very much in the game.
For instance, prolific regional builder Neal Communities, which has been long based in Lakewood Ranch, was instrumental in bringing to the market the master-planned community’s new village of Indigo. Neal notably is closing out sales in the established Lakewood Ranch village of Central Park. Its luxury unit Neal Signature Homes, meanwhile, remains busy building luxury homes at the master development’s previously established Country Club East and Country Club West.
Significantly, many of the new builders which have joined the fray in bringing in new Lakewood Ranch homes for sale are amongst the big guns in the U.S. homebuilding sector. One of them is Lennar Corp., ranked No. 2 in 2016 and has put its stake in the Lakewood National Golf Club. This major initiative is located at the northern flank of State Route 70 just east of the Premier Sports Campus.
Across the Lakewood National golf community, a unit of No. 3 U.S. homebuilder PulteGroup is developing Del Webb at Lakewood Ranch. This new village by Pulte’s Del Webb unit is geared primarily for age 55-plus residents. Another Pulte subsidiary specialized in consumer-inspired homes, DiVosta, is also in the Lakewood Ranch fray with its builds at Mallory Park.
The country’s fourth-ranked builder, CalAtlantic, has likewise cast its lot in new homes for sale in Lakewood Ranch through the refreshing village of Arbor Grande. A major Canada-based builder, Mattamy Homes has established a beachhead at the master-planned community, too, having initiated offerings in the Harmony at Lakewood Ranch.
What’s also striking in the recent development of new homes for sale in Lakewood Ranch is that even competing builders have been collaborating in the development of some properties. Such is what has happened at the Savanna at Lakewood Ranch where Meritage Homes, No. 11 amongst the top U.S. builders, has sold 150 lots to its competitor, Lennar, for homebuilding.
As tempting to prospective buyers, multifamily or condo choices aside from single-family residences are available in the bountiful crop of new homes for sale from these builders. Some of the most conspicuous of these sales-listed properties could be found right at the Main Street of Lakewood Ranch, Two upscale condo projects—Waterfront and Lakeshore—are set in this vibrant town center which could flourish even more given the bumper Lakewood Ranch harvest of new-home communities.
SARASOTA, FLORIDA, October 7, 2019 – Property values of communities in the Sarasota-Manatee region now face lesser threat from neighborhood eyesores brought about by abandoned, foreclosed homes. Known in the real estate trade as zombie foreclosures, these properties have shrunk significantly in the region. According to an August report of ATTOM Data Solutions, abandoned […] more>>