SARASOTA, FLORIDA, January 12th 2017 – State Road 31 in east Punta Gorda, erstwhile traversed mainly by ranchers and farmers, would soon be familiar ground for prospective buyers of homes for sale in Charlotte County. Eighteen model homes in Lake Timber, the first section of the eco-centric Babcock Ranch master development on this road corridor, are set to open either late this January or early in February.
Its developer, Kitson & Partners, disclosed that the new community has been generating widespread interest from potential buyers, with many inquiries coming from the Midwest and the Northeast. Babcock Ranch’s sustainability features likewise have drawn inquiries from overseas, like from France, Germany, and South America, the company noted.
Kitson also said that its builders already have buyers lined up set to sign contracts. The first Lake Timber residents could be moving in sometime in March or April.
The Lake Timber neighborhood now has five participating builders with the addition of Fort Myers-based Castle Harbour Homes in November. Other homebuilders in this first Babcock Ranch residential community include Florida Lifestyle Homes, also based in Fort Myers, Homes by Towne of Lakewood Ranch, and Naples-based Stock Development and Fox Premier Builders.
The architectural designs of Charlotte homes for sale in Lake Timber are dominantly neo-traditional. They draw inspiration from pre-World War II Southwest Florida regional styles, such as Craftsman, Coastal Gulf Vernacular, Farmhouse, Spanish and Colonial/West.
These patterns characteristic the charm, warmth and character of old Florida were combined with the best practices and cutting-edge technologies in sustainability as defined in the Florida Green Building Coalition standards. Bordered by parks, green spaces, and lakes, Lake Timber homes are designed with deep front porches close to the street, inviting their residents to interact with neighbors and the natural environment.
Consistent with its billing as the world’s first solar city, Babcock Ranch energy requirements will be sourced from a nearby solar power plant with a 75-megawatt capacity. Florida Power and Light built this facility in a 400-acre site adjacent to the master development.
Kitson & Partners is now putting the finishing touches on the Founders Square, the main feature of “Downtown Babcock Ranch.” Within walking distance from the model homes of Lake Timber, this facility will have a restaurant, shops, and a visitors’ hall. Plans for the downtown also include a wellness center.
Construction has begun on the Babcock Neighborhood School, which is set to open in the fall of 2017. A public charter school, its curriculum will follow a Green-STEAM (Science, Technology, Engineering, Arts, Math) interactive course.
Current home‒lot price points at Lake Timber start from the upper $300s and top at the $700s range. Homes prices around the $200s are expected to be offered as more builder come in and planned apartments and condos in Babcock Ranch are constructed.
These lower price range would put the master development competitive with existing communities to its west in Punta Gorda. Some new builds priced around the $200s, for instance, could be found at Calusa Creek just north of Bermont Road, the east‒west corridor leading to Babcock Ranch’s State Road 31 locale.
Newly built Calusa Creek homes for sale feature floor areas of between 1,500 and 2,000 square feet. Maronda Homes is developing this gated community near the scenic Peace River and the Punta Gorda town center now looming as a major stop for searchers of Charlotte homes for sale.
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>>