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Lakewood Ranch Dominates Real Estate in 2023

The Allure of Lakewood Ranch

In the realm of residential real estate, 2023 has witnessed Lakewood Ranch emerge as an unparalleled hub of luxury living and investment opportunities in Southwest Florida. This article delves into the reasons behind Lakewood Ranch’s reign at the top and explores the key factors that make it the epitome of premium real estate on the Gulf Coast.

A Serene Haven Amidst Nature’s Embrace

Nestled in the heart of natural beauty, Lakewood Ranch offers a haven for those seeking tranquility and scenic landscapes. Its lush greenery and well-maintained parks create an idyllic backdrop, setting the stage for a luxurious lifestyle that seamlessly integrates with nature.

Unmatched Architectural Elegance

One of Lakewood Ranch’s defining features is its architectural splendor. The residential properties in the area showcase a blend of modern design and timeless elegance, reflecting a commitment to aesthetic appeal and functionality. Discerning buyers are drawn to the seamless fusion of sophistication and comfort.

Investment Paradigm: Lakewood Ranch’s Winning Edge

Appreciation Potential

Investors flock to Lakewood Ranch, enticed by the promising appreciation potential of its real estate market. The strategic location and ongoing development projects contribute to a steady increase in property values, making it an ideal choice for those working with Realtors seeking long-term returns on their investment.

Diverse Portfolio of Properties

Lakewood Ranch offers a diverse portfolio of residential properties, catering to various preferences and lifestyles. From opulent estates to stylish condominiums, the real estate market here accommodates the diverse needs of homebuyers, ensuring there’s something for everyone. National Association of Realtors boast Lakewood Ranch as one of the top growing communities in the United States. Click Here to read

Community Living Redefined

Robust Amenities and Infrastructure

Lakewood Ranch is not merely a residential area; it’s a community that prioritizes the well-being and convenience of its residents. State-of-the-art amenities, including top-tier schools, recreational facilities, and healthcare services, contribute to a holistic living experience that surpasses expectations make Lakewood Ranch one of the most desirable towns in the United States.

Vibrant Social Scene

The social fabric of Lakewood Ranch is woven with an array of community events and gatherings. Residents revel in a vibrant social scene, fostering connections and creating a sense of belonging. This dynamic community of family homes adds an invaluable dimension to the overall living experience.

The Top 10 Residential Home Sales in Lakewood Ranch for 2023

10. The Lake Club: $3.46 million

8537 Pavia Way Lakewood Ranch

img. source: YourObserver.com

Alfred and Karen Frederick, of Lakewood Ranch, sold their home at 8537 Pavia Way to Vasilios and Jennifer Kiritsis, of Bradenton, for $3,455,000. Built in 2022, it has five bedrooms, five-and-a-half baths, a pool and 4,291 square feet of living area. It sold for $1,987,700 in 2022.

9. The Lake Club: $3.5 million

8511 Pavia Way Lakewood Ranch

img. source: Redfine.com

James Tilton, of Punta Gorda, sold his home at 8511 Pavia Way to Robin Pederson, trustee, of Bradenton, for $3.5 million. Built in 2023, it has five bedrooms, five-and-a-half baths, a pool and 4,187 square feet of living area. It sold for $2,322,100 in April.

8. Lake View Estates at Lake Club: $3.51 million

14839 Como Circle Lakewood Ranch

img. source: Estately.com

George Elliott Mitchell and Herbert Clark West, of Lakewood Ranch, sold their home at 14839 Como Circle to Eric Audette and Wendy Jestings, of Bradenton, for $3,509,000. Built in 2019, it has four bedrooms, five baths, a pool and 4,314 square feet of living area. It sold for $2,085,500 in 2020.

7. The Lake Club: $3.75 million

7909 Waterton Lane Lakewood Ranch

img. source: YourObserver.com

Coy and Diane Peterson, of Lakewood Ranch, sold their home at 7909 Waterton Lane to Erik Sundquist, of Lakewood Ranch, for $3.75 million. Built in 2007, it has four bedrooms, seven baths, a pool and 4,436 square feet of living area. It sold for $1,515,000 in 2020.

6. The Concession: $3.8 million

19453 Ganton Ave Lakewood Ranch

img. source: MichaelSaunders.com

Robert Rodgers and Ellen Piersol, of Bradenton, sold their home at 19453 Ganton Ave. to Donald Hostetter, of Bradenton, for $3.8 million. Built in 2008, it has five bedrooms, five baths, a pool and 5,974 square feet of living area. It sold for $2.05 million in 2022.

5. The Concession: $4.23 million

8495 Lindrick Ln Lakewood Ranch

img. source: Redfin.com

Jeffrey and Mary Rosenberg, of Franklin Lakes, New Jersey, sold their home at 8495 Lindrick Lane to Raymond and Sandra Levi, of Bradenton, for $4,225,000. Built in 2016, it has three bedrooms, four baths, a pool and 5,314 square feet of living area. It sold for $3.6 million in 2021.

4. The Concession: $4.28 million

8476 Lindrick Lane Lakewood Ranch

img. source: Redfin.com

Kemick Builders and Consultants LLC sold the home at 8476 Lindrick Lane to Robert Whitehead and Karen Silver, of Bradenton, for $4,275,000. Built in 2022, it has three bedrooms, three-and-a-half baths, a pool and 4,339 square feet of living area.

3. The Lake Club: $5.15 million

8019 Bowspirit Way Lakewood Ranch

img. source: MichaelSaunders.com

Adam and Kimberly Oberman, of Bradenton, sold their home at 8019 Bowspirit Way to Herman and Jeanne Rottinghaus, of Lakewood Ranch, for $5.15 million. Built in 2022, it has six bedrooms, six-and-two-half baths, a pool and 6,507 square feet of living area.

2. The Concession: $5.45 million

18820 Ganton Ave Lakewood Ranch

img. source: Estately.com

Richard and RuthAnn Baesman, trustees, sold the home at 18820 Ganton Ave. to John Deluca and Terese Deluca, trustees, of Bradenton, for $5.45 million. Built in 2008, it has four bedrooms, four-and–a-half baths, a pool and 7,355 square feet of living area.

The Number 1 Most Expensive Residential Home Sale of 2023

1. The Concession: $5.65 million

8423 Lindrick Ln Lakewood Ranch

img. source: Estately.com

Alan Jay Wildstien Family Ltd. Partnership, sold the home at 8423 Lindrick Lane to Henry and Teresa Ramallo, of Bradenton, for $5.65 million. Built in 2022, it has five bedrooms, five-and-two-half baths, a pool and 5,591 square feet of living area.

Conclusion: Lakewood Ranch – A Beacon of Luxury Living

In conclusion, Lakewood Ranch stands as a beacon of luxury living in the realm of residential real estate in 2023. Its harmonious blend of natural beauty, architectural brilliance, investment potential, and community-centric living positions it as the unrivaled choice for those seeking the epitome of premium living.

Investors and homebuyers alike find solace and excitement in Lakewood Ranch, where every corner tells a story of opulence and prosperity. As the residential real estate landscape continues to evolve, Lakewood Ranch remains firmly seated on its throne, a testament to its enduring appeal and unwavering commitment to excellence.

Frequently Asked Questions

Q1: What makes Lakewood Ranch a top choice for real estate investment in 2023?

A1: Lakewood Ranch’s promising appreciation potential and strategic location attract investors seeking long-term returns on their investment.

Q2: What types of residential properties are available in Lakewood Ranch?

A2: Lakewood Ranch offers a diverse portfolio, including opulent estates and stylish condominiums, catering to various preferences and lifestyles.

Q3: What amenities contribute to Lakewood Ranch’s reputation as a desirable town in the United States?

A3: State-of-the-art amenities such as top-tier schools, recreational facilities, and healthcare services contribute to Lakewood Ranch’s holistic living experience.

Q4: Can you provide information on the top residential home sales in Lakewood Ranch for 2023?

A4: The top residential home sale in 2023 was at 8423 Lindrick Lane, selling for $5.65 million, showcasing the luxury real estate market in Lakewood Ranch.

Q5: What sets Lakewood Ranch apart in terms of architectural features?

A5: Lakewood Ranch is distinguished by its architectural splendor, showcasing a blend of modern design and timeless elegance that appeals to discerning buyers.

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Stephen D. Ihrig II, SRA is principal of SDI Appraisal, specializing in the valuation of residential real estate. Steve has been providing appraisal and consulting services since 2003. Currently a Certified Residential Appraiser in the State of Florida, Steve was awarded the SRA designation from the Appraisal Institute.

In today’s ever-changing real estate market, utilize only the best and most qualified individuals to perform your residential appraisals.  An accurate value supported by data and analysis, that reflects market trends, can hold up in any court of law, is considered a high-quality report by any lender’s underwriting system, and meets all USPAP (Uniform Standards of Professional Appraisal Practice) standards should be your primary objective when retaining a real estate appraiser.

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