Del Webb LWR Apace with Market Run in 55-plus Segment


SARASOTA, FLORIDA, August 24th, 2016 – The Del Webb Lakewood Ranch community for residents 55 years old and over hit the ground running early in 2016, auspiciously at pace with homebuilders’ positive outlook for this housing segment.

In the second quarter of 2016, the market index on 55-plus housing for single family homes rose a point to 57, indicating that more builders positively view the outlook for this particular construction industry sector. This is the ninth consecutive quarter that this index of the National Association of Home Builders (NAHB) was measured above 50, an indication that market conditions continue to be favorable. The basis for this benchmark is an NAHB survey asking home builders to rate if current sales, anticipated six-month sales and prospective buyer traffic are good, fair, or poor.

A Lift for Lakewood Ranch’s Top Ranking

Del Webb LWR Apace with Market Run in 55-plus Segment

The market strength of the Del Webb development has been noted recently by the real estate Washington D.C.-based consulting concern RCLCO. It cited this age-restricted neighborhood amongst the 12 new communities that diversified LWR home choices and helped elevate Lakewood Ranch as one of the top five best-selling master developments in the country for the first half of 2016.

For the month of May alone, the MLS of Sarasota homes for sale recorded two properties sold at Del Webb Lakewood Ranch. These new home construction had listed prices in the low $300s, featuring floor areas of between 1,400 and 2,100 square feet.

Reflecting builder confidence on buying prospects, several move-in ready Del Webb Lakewood Ranch homes for sale priced in the $400s have recently been put on the market. These residences are all designed with three bedrooms within floor areas of about 2,500 square feet.

Approximately 1,300 homes are planned for this development exclusively for age 55-plus residents, the first and only active adult community in Lakewood Ranch. This community is rising in a 17,500-acre site off SR 70 about one and a half mile southeast of the Premier Sports Campus in Lakewood Ranch.

Abundant Area Magnets

Gated and maintenance-free, Del Webb features the epitome of resort-style living. Its attractions include nature preserves, parks, lakes and walking trails. Constructionis expected to be completed in early 2017 for the community’s six tennis courts, four bocce and pickle ball courts, and barbecue grill area.

The incoming residents will also be treated to a wide array of other amenities including a heated resort-type swimming pool and spa, in addition to a modern fitness center and movement studio.

Del Webb Lakewood Ranch too offers a clubhouse with craft and activity rooms, catering kitchen and Wi-Fi Internet café. Other added features are an event lawn and outdoor barefoot bar both conducive to neighborhood socials.

Life and leisure facilities that are high on the checklist of age 55-plus home buyers are likewise convenient to Del Webb. Besides its proximity to world-class dining and shopping venues, like those at the Mall at University Town Center, this community is close to plenty of health care facilities, and more are coming in its vicinity. One of these is the new medical office that Sarasota Memorial Hospital is setting up at the corner of Lorraine Road and SR 70 a short distance west of Del Webb.