SARASOTA, FLORIDA, March 12th, 2014 – A more vibrant lifestyle awaits home buyers eyeing golf communities, Sarasota Bay Real Estate reports. The realty company notes that the healing U.S. economy has started to reinvigorate these residential developments which experienced a beating in the last home market downturn. Significantly, both new and existing golf communities are also being reshaped by the new preferences of well-to-do baby boomers seeking homes for their retirement.
Golf links, the traditional amenity in active adult retirement communities, remain important as one research indicates that 25% of buyers in these neighborhoods want such facilities. This study, however, also showed that most baby boomers prefer retiring in residential developments with walking and hiking trails, multiple recreation centers, and workout facilities.
A more diverse neighborhood likewise appears what the baby boomers prefer. They shun the idea of living just among people of their age, but at the same time, they don’t want to live in huge communities. Where they want to live in are places close to family and in more intimate neighborhoods with a country-club atmosphere.
Prospective residents of active adult communities also expect a lot more from their homes. What they seek are residences with master bedrooms and baths, plenty of storage, spacious living areas, and the best home designs.
Recent developments in Lakewood Ranch Golf and Country Club look in synch with these perceived market shifts. In August, its developer Schroeder-Manatee Ranch (SMR) announced an expansion of the club’s Royal Lakes Golf Course and the community’s athletic center. This expansion is designed to provide more amenities to residents as well as meet the growing club membership. Notably, this membership growth is another sign of the resurgence of golf and country clubs in lockstep with the home market recovery.
The SMR project calls for adding a new golf driving range. A new, 10,000–12,000-square-foot clubhouse with a pro shop, casual restaurant, and paved parking lot is also included the expansion. The 11,000-square-foot athletic center, in addition, will be expanded by 6,900 square feet, and new courts for pickleball will be installed.
Amenities even more diverse are set at the new 600-acre Esplanade Golf and Country Club project of national homebuilder Taylor Morrison in Lakewood Ranch. This active lifestyle, all-ages village is being developed with a slew of facilities besides its golf links. Among these are a heated, lagoon-style pool and spa complemented by a resistance pool.
Other amenities include pickleball and bocce courts, barbecue space and fire pit. The village centerpiece is a fully appointed clubhouse with a grand ballroom, catering kitchen, game rooms, and a library. This community also features extensive walking trails with gazebos, a formal events lawn and fitness lawn. The other attractions of this village are a canoe and kayak launch, fenced ball park, and adventure playground.
Esplanade at Lakewood Ranch is nestled within a gated enclave having 1,250 single detached villas and single family homes. The prices of newly built three-bedroom residences here start in the $400s. At the Lakewood Ranch Country Club, the current listings in the MLS of Lakewood Ranch homes for sale have choices on two-bedroom previously owned homes priced in the $300s.
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>>