Real Estate - February 8, 2018

Lake Nona has record sales in 2017

 523 residential new home sales contracts

In 2017, Orlando’s top-selling Lake Nona community had its best residential sales year with a record 523 total new home contracts signed within the award-winning master-planned community’s four active selling neighborhoods: the Enclave at Village Walk, Laureate Park, Somerset Park and the Lake Nona Golf & Country Club.

In addition, for the 6th year in a row, Lake Nona has been named to both Real Estate Consulting and RCLCO’s (formerly Robert Charles Lesser & Co.) lists of the Top-Selling Master-Planned Communities (MPCs) nation wide. Ranking at number 15 this year on both lists, Lake Nona had a 6% increase in year-over-year sales from 2016. The surveys are based on total home sales as reported by each community.

Laureate Park, Lake Nona’s biggest and best-selling neighborhood, concluded 2017 with 360 sales.

Among those contracts were single-family homes, townhomes, cottages and urban bungalows situated among pocket parks, 44 miles of trails and a Village Center featuring public art, an original concept waterfront restaurant and resort-style aquatic center. The neighborhood, defined by its cutting-edge technology, offers residents fiber-optic lines that deliver gigabit-capacity internet service, plus a commitment to reducing energy, emissions and water usage in every home.

In addition to Laureate Park, Somerset Park had a record 131 sales in 2017, and the Enclave at VillageWalk had a strong end to the year with multiple sales in December. The 600-acre Lake Nona Golf & Country Club’s strong finish to the year was comprised of 24 resale properties, ten new lot sales, and seven new homes. Sales within the Lake Nona Golf & Country Club totaled more than $44 million, making it a banner year for the residential real estate in the highly-regarded Central Florida locale. Noted as one of the top private golf and country clubs in the world, it is a sanctuary of luxury real estate and amenities, featuring a Tom Fazio-designed championship golf course, clubhouse, lodge, Bath & Racquet Club, year-round children’s programming and 24-hour gated security.

Lake Nona is an innovative community in Orlando, Florida, that aims to inspire human potential while being focused on sustainable design, healthy living, and groundbreaking gigabit fiber optic technology. The master-designed community has seen billions in construction in the last ten years across 10 million square feet of world-class residential and commercial facilities. Lake Nona has been featured in FORTUNE Magazine as the “future of cities” and recently lauded by the New York Times as a “city for wellness.”

 

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