Lake Club Home at Lakewood Ranch

You can find some of the finest Sarasota luxury real estate in the country club community of Lakewood Ranch at the Lake Club.  The Lake Club is an exclusive community within the Lakewood Ranch Country Club. Drive through the guarded gates of the Country Club and experience beautiful vistas of tropical lakes, sprawling landscaping and gorgeous Sarasota luxury homes for sale.

Sarasota MLS data reports nine homes for sale in the Lake Club.  On Clearlake Avenue, there is a 3 bedroom, 31/2 bath home with over 3,000 sq.ft.  The home was built in 2008 and offers 12 foot ceilings, tray ceiling and beautiful crown molding that luxury homes buyers expect.  If you need a more spacious home, you can visit another home on Clearlake Avenue with more than 3500 sq.ft. and luxury amenities including a beautiful salt water heated swimming pool.  There are 2 homes under contract and in the last six months 4 luxury homes in the Lake Club have sold.  The lowest selling price was 975,000 and the highest selling price was $2,650,000.

Residents of the Lake Club enjoy all the amenities of Lakewood Ranch including Main Street’s shopping, professional services and restaurants.  The fitness club, tennis courts and of course, the golf courses are within minutes of the Lake Club village of Lakewood Ranch.  This master-planned community has it all!

Lake Club Sales Activity at Lakewood Ranch

• Current Homes for Sale: 9
• Lowest Priced Home for Sale: $860,000
• Highest Priced Home for Sale: $2,200,000
• Homes Under Contract: 2
• Homes Sold in the Last 6 Mo.: 4

If you are interested in viewing any of the homes for sale in the Lake Club at Lakewood Ranch, call the John Allen Team at 941-544-6467.  John Allen specializes in Sarasota luxury real estate.

Related Information:

Lakewood Ranch Homes for Sale

 David Adamo, CEO of the Stamford, CT based Luxury Mortgage Corp.“The jumbo mortgage market is at the beginning stages of a rebound. Jumbo mortgage rates are at historic lows and programs are becoming more readily available.” Adamo added, “The high-end housing market will most certainly get a boost from the increased availability of jumbo mortgage product.”

Jumbo mortgage rates have come down significantly. In 2009, the average rate on a 30-year jumbo mortgage was 6.86%. Compare that to this July at 5.48%. This is the lowest we have seen jumbo mortgage rates 2003. Adjustable rate mortgages are another viable option for luxury home purchases now. In fact, clients of ours are closing on a home with a jumbo mortgage this week. They selected a 5/1 arm with a rate of 4.5%.

One think for sure is that buyers face considerably more scrutiny than during the run-up. The days of stated income and stated assets are over. Buyers must have good credit, assets and minimum 2 years tax returns. Lenders are going through financials with a fine tooth comb. Loan-to-value (LTV) rates are a minimum of 75% with most lenders requiring 30% or more down.