SARASOTA, FLORIDA, January 30, 2018 – Realtors have been quite occupied recently in Foxbrook and Twin Rivers as per recorded deals in the MLS of Sarasota homes for sale. Homes sold in these two communities in Parrish totaled about 50 homes last year, and further market activity could be expected as a large property development—Gamble Creek Village—is being groomed just east of Foxbrook and Twin Rivers.
Still in its preliminary stages, the plan calls for developing the 6,000 acres of L3 Farms south of State Road 62 (Wauchula Road) into a residential-agricultural development. This tract of land, currently leased for growing potatoes, tomatoes and other crops, is owned by the Lindsay family whose patriarch was the former publisher of the Sarasota Herald-Tribune.
The Lindsays have formed L3 Partnership to pursue the Gamble Creek Village project. The vision for this property notably avoids a development that encourages urban sprawl. As an “agricentric community,” Gamble Creek Village is envisioned to consist of clustered residences to conserve as much agricultural land as possible.
Besides the preserved space for agriculture, the community’s planning calls for nature trails and an urban component for parks, schools, light and industrial and office space to provide future residents with a live‒work‒play environment. The Gamble Creek Village concept mixes the development thrust for Deseret Ranch in Osceola County and the 1,000-acre Serenbe community southwest of Atlanta that the New York Times saw as “a utopian experiment in New Urbanism.”
It will take a few years though for the Gamble Creek Village plans to be firmed up, as pursuing them will require amendments to Manatee County’s comprehensive plan. Under it, the Lindsay property could be divided into about 1,000 five-acre residential lots with not a single acre guaranteed to remain agricultural.
This is precisely what the Lindsays wish to avoid as they believe this development approach under the current comprehensive plan would encourage “piecemeal, uncoordinated, inefficient urban sprawl.” What they essentially want is for Gamble Creek Village to emphasize its rural roots.
In the meantime that plans for this village is still in its infancy, prospective home buyers who seek a country lifestyle similar to the Lindsay’s community concept can have some great choices at L3 Farms’ neighbor, Foxbrook. This development has 298 home sites sized 1 to 8 acres per lot.
Current selections in this community, which has low HOA fees, include new spec builds as well as resale homes which could be priced starting from the $200s. The price range rises to the $500s and $600s for the new builds at Foxbrook with floor plans of between 2,700 and 3,620 square feet designed with three to five bedrooms.
Two Foxbrook home lots priced in the $100s are also currently listed in the MLS of Sarasota homes for sale. Notably, buyers can contract any builder of their choice for a new home construction at Foxbrook which thus doesn’t have a cookie-cutter look in the entire neighborhood. Owners of lots measuring two acres or more can also keep horses and construct outbuildings for a boat. Parking for RVs in these larger home sites is also allowed.
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>>