SARASOTA, FLORIDA, May 3rd, 2016 – The opening of the Honore Avenue‒Pinebrook extension in April 2016 not only improved traffic movement and boosted vehicular capacity on Sarasota County’s north‒south roadways. This project has also put on the spotlight many attractive residential communities in Sarasota’s south county which greatly benefit from the new road link serving as an alternative to Interstate 75.
The newly opened Pinebrook stretch connects State Road 681 in the north and Laurel Road in the south. This eight-mile-plus segment wraps up the Honore extension project stretching from Fruitville road in north county to Venice in the south.
The completion of this project definitely provides relief for many local residents who often complain of heavy traffic especially during the tourist season that has been generating record number of visitors in recent years. Partly, the Pinebrook extension also addresses increased demand for new roads following the spate of new residential developments in the Sarasota region. In Venice alone, it was estimated that as many as 6,000 homes have been approved for construction.
By easing traffic woes and helping bring market exposure to communities in its periphery, the Honore Avenue‒Pinebrook extension contributes much in enhancing local property values. This is especially so for some older communities in Nokomis, like those along Laurel Road. Here, the pre-owned Sarasota homes for sale put in the market are matched up versus newly built residences in many nearby residential developments launched in recent years.
Laurel Landings Estates is one these older buying destinations for existing homes that have gained some added market sheen, as it is less than a mile west of the Pinebrook extension. This is an upscale community with custom estate homes mostly of Mediterranean architecture. The choice residences here have lake, canal or preserve views, and this property features a community boat dock on its adjacent Shakett Creek for convenient Gulf access.
Prospective buyers of Sarasota homes for sale at Laurel Landings can find selections from custom-built residences priced in the million-dollar range. There are choices too under this luxury price point as in one property with a price tag around the mid-$700s sold here in April 2016 featuring three bedrooms within a floor area of about 4,000 square feet. The asking price of Laurel Landings homes for sale can slide to the $400s for available three- or four-bedroom residences having floor areas of approximately 2,000 square feet.
Just across west of Shakett Creek from Laurel Landing, Sorrento Woods is another community that got some market lift from the newly opened Pinebrook route. Sorrento is a deed restricted subdivision comprised of approximately 200 homes. Its typical sales listings are quoted at the $300s‒$400s price points featuring three-bedroom layouts within floor plans of about 2,000 square feet as well.
This community has a 10-acre waterfront park with boat launch, dock, and fishing pier. Like other properties in its Laurel Road neighborhoods, Sorrento enjoys close proximity to world-class beaches, A-rated schools and high-end venues for fine dining and shopping, access to which has been further enhanced by the new Pinebrook extension.
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>>