Homes have traditionally been a major investment for families, which continues to be the case today, no matter the size of your portfolio. Homes are valuable assets that should be appreciated throughout the years and an investment in your family's lifestyle. They become the foundation of everything: education, shopping, entertainment, and recreation. It's important to find the perfect combination of market and living factors when choosing a new home, so you can be confident your new house will provide long-term value you can trust. Here are seven reasons why Lakewood Ranch luxury homes can provide that combination.
The area is a unique golf club destination
There's no better place than Lakewood Ranch and the greater Sarasota area if you love golfing. Lakewood Ranch is home to The River Club, Lakewood Ranch Golf and Country Club, and Legacy Golf Club. The community will continue to be a jewel for decades with its gorgeous resorts, endless amenities and options for new or experienced golfers, and a tourism infrastructure to support ongoing interest in these five-star destinations.
Owning a primary residence or vacation home just minutes from these clubs and resorts allows you to enjoy the convenience of a wonderful vacation stay or business meeting on the green. Even those who don't prefer golfing will love the tourism benefits and natural property value buffer these resorts and clubs provide.
It's a master-planned community
Master-planned communities, or MPCs, are large residential communities custom-built to be unique, in-demand, and valuable long after construction ends. Compared to organically sprawling and growing neighborhoods, master planners create long-term plans so the neighborhoods include parks, business areas, picturesque constructions and architecture, and schools that serve the community. Everything is predetermined and built around an ideal lifestyle.
Some key attributes of a master-planned community like Lakewood Ranch include:
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Commuting distance to a big city: Enjoy easy driving access to Sarasota (and Sarasota's growing commerce) without being in the city itself.
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Family-centered communities: Master-planned communities have local and easily accessible parks, playgrounds, tennis courts, schools, and more.
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Management: A homeowners association or designated management company can ensure the long-lasting quality and beauty of home exteriors, green spaces, and public areas to further bolster property values over time in communities such as Lakewood Ranch.
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Cohesion: As unplanned communities age, there are pockets of old and new homes, different development styles, and a need for more cohesion in the architecture. Master-planned communities have architects who create cohesive designs that make the community a holistic experience, even as new construction develops. At the same time, master-planned communities allow for custom features and architectural elements that complement the space's signature style.
Sarasota continues to be an educational and cultural icon
The Sarasota area is home to renowned educational and cultural institutions that underscore the area's value as a living destination. The Sarasota School of Architecture has had an immeasurable influence on modern architecture and continues to be a hub of activity in contemporary architectural styles. It's currently listed as the #1 place to live in Florida for 2023 and 2024, and it's the #5 choice of all the cities across the country. Visitors and residents love spending the day out on the Siesta Key beach, the Asolo Rerotyr Theater, and the Ringling Museum of Art.
A thriving community for 20 years...
Lakewood Ranch describes itself as a primary home community. While many vacation homes exist, most residents live there throughout the year. Similarly, many retirees are soaking up the summer sunshine, although it's not a retirement community. Instead, Lakewood Ranch is a thriving multi-generational community. It began in the early 1900s, when the Uihlein family used the land for ranching, farming, and mining.
Starting in 1994, the master-planned community has over 33,000 acres and is home to 60,000 residents, with plenty of room to grow. Today, Schroeder-Manatee Ranch, Inc., manages Lakewood Ranch through community and commercial development and golf and country club management.
...and robust development plans continue
Lakewood Ranch continues to thrive and grow, with new home construction and sales projected well into the future. In 2022, 1,846 new homes were sold in the community, exceeding 2019 sales numbers. Not only is this community continuing to grow, but Florida is one of the fastest-growing residential real estate markets. Lakewood Ranch is building entry-level homes, family residences, retiree residences, apartments and condos, and luxury estates, ensuring plenty of demand — and continued value — for homeowners in the area.
Vacation home, primary residence, rental investment?
Lakewood Ranch was deliberately built to offer a wide range of home styles. Therefore, it offers an equally varied potential as a real estate investment for buyers. The community is mostly primary residences, as people come to live in the community. However, there's a thriving market for rentals as people come to the area before new constructions are move-in ready, want vacation homes or single-year rentals for their Sarasota job, and more. If you wish to purchase a home as a primary residence and see the full effects of Florida appreciation, or you're looking for a rental property you can lease out now and consider moving into later, the possibilities are endless.
First place as a multi-generational community for five years in a row
One of the best indications of the long-term value of Lakewood Ranch luxury homes is the continuing value and performance of the community. While standard investments may stick by the old maxim that past performance is no promise of future performance, but that rule isn't true in Lakewood Ranch. It's been recognized as the best-selling master-planned multi-generational community across the United States for five years in a row, and its history as a beautiful, flourishing place to live shows no sign of slowing down.
Find your new investment in Lakewood Ranch
The Dinan Group guides you through Lakewood Ranch luxury homes, whether you're looking for a forever home, a vacation house, or an investment property. Our team can take you on a community tour, find an existing home that fits your lifestyle, or navigate the new home construction process on your behalf. Talk to us today about what a perfect new home in Lakewood Ranch looks like to you.
