Solera at Lakewood Ranch is a brand new DR Horton village in the Northeast corner of Lakewood Ranch, right near Lorraine Lakes. This village will consist of 675 homessites featuring single-family, one- and two-story homes.
Homes will range in size from 1,498 sq. ft. to 4,033 sq. ft, including some multi-generational living plans. Homes will be constructed with all concrete block and will come equipped with Home is Connected, America’s Smart Home package, a stainless steel appliance package, and granite countertops in the kitchen.
Homeowners will be able to enjoy state of the art amenities, including the community resort-style pool, clubhouse, and tot lot for the kiddos.
There are 14 floor plans to choose from. The smaller homes from 1,400 square feet start in the high $200s, while the largest floorplan at 4,033 square feet starts around $465,000.
Construction has started and inventory homes are currently being built. Homesites are also selling and they are working on models for this village.
These homes are not maintenance free, so you are responsible for some yard care, but the HOA fee will probably be less than $100/month and the CDD fees are around $1,133 annually, per house.
Solera at Lakewood Ranch is zoned to Gullett Elementary, Mona Jain Middle, and Lakewood Ranch High Schools.
For more information, contact us today!
Lorraine Lakes is a brand new Lennar community located in the Northeast corner of Lakewood Ranch. True to its namesake, the community is designed around many sparkling lakes, offering sweeping water and preserve views on the home sites.
The village is planned to have over 1,300 homes with 16 floorplans to choose from. It will also be highly amenitized with a clubhouse that includes fitness and aerobics facilities, social rooms, coffee bar, indoor basketball, lockers, sauna and an arcade. Outside, residents can relax beside a luxurious pool and spa and order a drink from the poolside café. Tennis courts, basketball and pickleball courts present opportunities for friendly games, while the event and sports lawn promise entertainment and a place to gather with neighbors.
Homes in Lorraine Lakes will be a part of the following collections and range in pricing, as well as size:
Price: $319,999 - $409,999 | Size: 1,849 - 3,231 sq. ft. | Approximate HOA Fees: $385
Price: $359,999 - $479,999 | Size: 2,244 - 3,867 sq. ft. | Approximate HOA Fees: $391
Price: $412,999 - $544,999 | Size: 2,361 - 3,945 sq. ft. | Approximate HOA Fees: $398
Price: $239,999 - $247,999 | Size: 1,417 - 1,564 sq. ft. | Approximate HOA Fees: $348
Construction has begun and home sites are currently selling. There will be 5 model homes, which are built but not yet decorated, and we give you a preview of the Sunset Model Floorplan in the video, above! There will also be some move-in ready homes built by December 2020, so ask us about those options if you’d like more information!
Resort Style Amenities Planned for Lorraine Lakes:
For a Manor Home in Lorraine Lakes:
Stewardship (CDD) Fee - $1,952.37 / year
Lorraine Lakes Amenitiy Fee: $125 / month (includes clubhouse and pool, tennis, sports courts, fitness center, gates, etc)
Lorraine Lakes Master Association Fee: $65 / month (maintains monuments at entry ways, clubhouse and common areas)
Lawn Maintenance, Cable & Internet: $201 / month
Total : $391 / month
Also, there is a $500 minimum spend on food and beverage at the clubhouse in a full calendar year.
Lorraine Lakes is zoned to Gullett Elementary, Mona Jain Middle, and Lakewood Ranch High Schools.
To learn more about this new Lakewood Ranch Village and the opportunity to build a home here, contact us today!
Download your free Guide here in order to start your search, today!
When you decide to move to an area like Lakewood Ranch there are a lot of choices as far as different neighborhoods, different types of homes; they have different amenities, there are different fees associated with them and all of that information can be super overwhelming if you're not familiar with it. So, we've developed a guide to help you through this process and that's what I'm going to go over today.
I'm going to share with you how to download this free guide for yourself so that you can use it to help narrow down your choices and find the best fit for you within Lakewood Ranch!
Anytime you decide to move to a new place you probably start by looking on the internet: looking up different cities, towns, neighborhoods, possibly even different states. If you’ve done all of that exploring and research, maybe you have narrowed it down to Lakewood Ranch, Florida.
What you may not realize is, Lakewood Ranch is twice the size of Manhattan and bigger than Disney World, so just choosing that location still leaves you a LOT of space to figure out where you want to live.
One of the questions we get asked most often from buyers looking in this area is: How do I know which neighborhood to choose? Well, there are a few factors that go into that and that's what we're going to help you work through with this guide to narrow down the focus and choose the right village in Lakewood Ranch.
1. Type of House?
The first question you want to consider depends on the type of house. Do you only want New Construction? Do you want to build from scratch? Or are you okay with a resale home in a neighborhood? (Now remember, Lakewood Ranch is only 25 years old so the oldest home was built in the mid 90’s and isn’t too old, just needs some modernization)
In the first part of this village guide, we break down all of the villages in Lakewood Ranch based on whether they are currently building and still have home sites available, some coming soon or new Villages that haven't started yet or have just started, newer resale which would be communities that are pretty much built out or completely built out but homes are available for resale in there that are only a couple years old, and then the older resale which would be the original Lakewood Ranch Villages like Edgewater, Greenbrook, Riverwalk, Summerfield, and Country Club. Depending on that list, you would choose the villages that make the most sense for you based on which type of home you're looking for.
The next important question to consider is: which amenities are most important to you? Most villages offer some type of amenities, but some Villages offer much more than others.
Some include golf, some only have a pool, so knowing those differences will help you determine which ones might work best for what you're looking for when you move to Lakewood Ranch.
If you want to golf everyday, then a golf community where the HOA covers your membership might be a great option for you. That would be our Esplanade villages and Lakewood National Golf Club. If that is not on the top of your list, then focus on the villages without golf memberships to keep your fees down. The most ammentized villages are Esplanade, Waterside, and Lorraine Lakes is planned to be another one.
As a side note, the Lakewood Ranch Golf and Country Club is a members-only club that you can join from anywhere, so if you may want golf or tennis but it isn’t available in the village you love most, you can always join the club separately and have that option.
3. HOA Fees?
We also share an HOA comparison chart so you can better understand how costly your fees will be each month and take that into consideration as you narrow down your choices. Some villages have fees under $200/month and some are well over $350/month, so that should factor in to your budget. Which leads us to the next question....
4. What is your Budget?
Knowing the price range you can comfortably stay within is very important and may immediately rule out some of the villages. We share a chart showing the different pricing brackets of the villages to help you understand which ones will make the most sense to focus in on. *If you are worried about getting pre-approved too early because you don’t plan to move for a while, I still recommend talking to a lender in order to get a better idea of the price range you want to look in. This is an immensely important factor, so the sooner you understand your numbers, the easier it will be to find the right location for your future home*
After reviewing all of those comparisons, you should be able to narrow down the village choices to a Top 5 List (or Top 3). These are villages that will have the type of home you want, with the amenities you want, in the price range you are looking for.
Once you have that list, you are ready to contact a realtor, plan a visit, and start looking for your home in Lakewood Ranch!
Should I rent before I buy and how do I find a rental in the place I'm looking to move? If those are questions you've been asking yourself then this is the right spot! We also share a great FREE resource at the bottom of this post, thanks to Consumer Advocate.
Today we share tips on moving to a new place and potentially having to rent for short-term, and finding a rental that works for you in order to make that process happen. Making a move from one state to the next can be exhausting; emotionally, physically, and logistically. If you have to sell your current home there might be some time where you don't have a home to live in if you're looking for a new place, or waiting to build, so the only solution in that situation may be to rent.
This is a great short-term option because it lets you immerse yourself in the community that you plan to live, potentially send your kids to the school to see if they like it, and become a part of your new home while waiting to actually be IN your new home.
So, how do you know where to look for a rental if you aren’t there in person or you're not familiar with the area?
A real estate agent can certainly lead you in the right direction, however, a lot of rentals are handled by property management companies or rental companies and sometimes it is easier to go with them directly.
Here is what we would recommend doing if you find yourself in this situation:
Step 1: visit the area and explore the location. Register yourself at the information center with the realtor you plan on working with and just start exploring the neighborhoods so you have an idea of whether or not you would like this location and where you might potentially want to live. If you decide to build, then you can get that set up and then find a rental while you wait for your home to be done. If you're still just not sure where you want to be, then you can find a rental in one of the communities that you're considering and that way you get to experience it firsthand before you find the right house for you.
Step 2: look online for some possible rentals and always double check that they are legit. One company that we recommend is Pathlight Property Management and they own properties in many different cities, which they rent out for short-term and long-term leases. They have a great website with all of this information here.
Step 3: continue searching for the right home while you're living in your rental
It's been a debate for decades as to whether or not renting versus buying is better and truthfully it all depends on your situation.
When purchasing a home you are Investing in something tangible and when you spend that money every month versus a rental where, yes you're paying to live there, but that money isn't going towards anything that could potentially reimburse you in the future.
It is also debated as to which option is more cost effective and again, that could depend on your financial situation.. However here are some fun facts to know: the percentage of your income needed to rent a median priced home is about 27.7% right now.
Rentals are pretty expensive especially in areas like Lakewood Ranch, especially, because it is desirable, so that's something to consider.
At the same time, the percentage of your income needed to
buy a median-priced home is only 17.5%
Interest rates are low so you can get a great rate and pay less, long-term, which makes this a smarter investment in most situations.
Lakewood Ranch offers some rental options as far as apartments and condos some of those include Creekside, Residences at the Green, and the Adley Lakewood Ranch. They are also opening a new single-family rental community called Estia Lakewood Ranch. This will feature 102 one-bedroom, 725- square-foot units within 51 duplexes; and 128 stand-alone, 1,000-square-foot, two-bedroom homes. It will be located off Lakewood Ranch Boulevard adjacent to Bob Gardner Park.This might be a great solution if you do not need a lot of space in your rental.
You probably have other questions about mortgages and rates that might help make this decision easier, so we teamed up with Consumer Advocate who did a great job putting together an all-inclusive guide about the mortgage industry and how current rates are impacting buyer’s decisions, and how you can shop around for a home from home in this new era of covid-19 precautions.
Their strategic guide uncomplicates concepts of the mortgage market that are up to date with the economic state of the industry. By using simple terms and infographics, it is easy to understand your options and narrow down what will work best for you, as a buyer.
Download your free guide here.
For more questions and information on how to make the best decision for you, contact us!
We are happy to help!