Lake Tippecanoe is a condominium community for age 55+ residents. It is conveniently located just off south of Wilkinson Road in the Bee Ridge area of midtown Sarasota.
Two major local road corridors flank this community: McIntosh Road to the west and Honore Avenue to the east. Both are notably vital to the marketability of Sarasota homes for sale, particularly those within the Bee Ridge locale. Interstate 75, similarly a weighty reference point for home buyers, is just a short distance east of Lake Tippecanoe.
The communities name, an obvious pickup from the Tippecanoe Lake of Indiana, features a lake too as the centerpiece of its acreage. The development of this property, in addition, has a Native American twist with its internal streets named as Mohican, Pawnee, Shoshone, Ottawa, and Narragansett Trail.
Aside from this charming bit of Americana in its development theme, Lake Tippecanoe woos aspiring buyers of Sarasota condos for sale with its amenities for an active adult lifestyle. This community provides a clubhouse serving as a hub of weekly and monthly social activities, such as games of mahjong, bingo, bridge, and dominoes. The homeowners’ association of the community, in addition, organizes local leisure tours for its residents.
Lake Tippecanoe’s clubhouse likewise offers a billiard room and kitchen. Other amenities available to residents include a swimming pool, patio, shuffleboard courts, and a fishing pier at the community’s lake.
There are a total of 259 residences in Lake Tippecanoe, which were constructed either as one-story villas or condo units in two-story buildings. Built in the 1970s, these residences feature living areas of between 1,066 and 1,296 square feet, all designed with two bedrooms and two bathrooms. Many of the condos and villas in the community afford picturesque views of the community’s centerpiece lake.
Spacious great rooms, screened in lanais, and eat-in kitchens are trademark to the Lake Tippecanoe condos. Sales transactions on available units in this community are typically in the low- to mid-$100s range, and deals could be sealed within a week of a property’s listing.
The price points of Lake Tippecanoe condos for sale loom as a sweet spot for rental property investors. Leasing of units in this community is notably allowed but only with the condo owners’ association approval. The rentals are limited to a minimum 12-month lease per contract.
Lake Tippecanoe offers its owners a low-maintenance setup. The condo owners pay an association fee which covers the cost of cable and maintenance of home exteriors, property grounds, common areas and upkeep of the community’s amenities. Each unit of the condominium is provided an assigned covered parking.
The superb location of Lake Tippecanoe makes its units a viable choice either as a year-round residence or a seasonal home for snowbirds. The Bee Ridge Road corridor just a few minutes’ drive north of the community teems with shops, restaurants, and service providers. Major road improvements have likewise been undertaken along the Bee Ridge stretch. These infrastructure upgrades further streamlined local access to Sarasota’s various points of interest including its vibrant downtown to the north and the beaches of Siesta Key to the west.
Below are the current real estate listings available in Lake tippecanoe.
Please contact me if you would like to schedule a tour of any of the listed properties below.
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>>
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