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 VillageWalk, 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 the John Burns Real Estate Consulting and RCLCO’s (formerly Robert Charles Lesser & Co.) lists of the Top-Selling Master-Planned Communities (MPCs) in the nation. 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 individual community.
“We couldn’t be more excited about the pace and sheer volume of sales we’ve had this year within the active neighborhoods at Lake Nona and the Lake Nona Golf & Country Club,” said Craig Collin, Senior Vice President of Tavistock Development Company. “Beyond Lake Nona’s wide selection of exceptional homes, we believe our continued success is directly linked to the experiences that come with each Lake Nona home purchase. Our neighborhoods offer access to an unparalleled lifestyle – neighborhoods with premier amenities, one of the nation’s most robust programming calendar, wellbeing and performance-driven opportunities, one-of-a-kind healthcare studies and residential layouts specifically designed to suit every resident.”
Laureate Park, Lake Nona’s largest 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, 10 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 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.
Driven by a long-term vision, Lake Nona is an innovative community in Orlando, Florida, that aims to inspire human potential whilst 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 10 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.”
ABOUT LAKE NONA
Orlando’s Lake Nona is one of the fastest-growing communities in America with more than 10 million square feet of world-class residential and commercial facilities. Adjacent to JD Power’s 2017 #1 ranked mega airport, Orlando International Airport, the large-scale, master-designed community is home to thoughtfully designed neighborhoods, world-class education facilities, a Health & Life Sciences Cluster, a Sports & Performance District highlighted by an emerging human performance and training cluster with organization’s including the USTA’s National Campus – the largest tennis facility in the world, diverse work spaces, recreational facilities, retail centers, and entertainment venues encompassing the best Orlando has to offer with all the conveniences of a dynamic, vibrant community. Driven by a long-term vision, Lake Nona is committed to building an innovative community that inspires human potential whilst being focused on sustainable design, healthy living, and groundbreaking gigabit fiber optic technology. For more information, visit: www.lakenona.com.
ABOUT TAVISTOCK DEVELOPMENT CO.
Tavistock Development Company is a diversified real estate firm owned by Tavistock Group specializing in acquisitions, planning, design, finance, construction and development. Tavistock Development Company’s real estate portfolio is highlighted by the large-scale, master-planned community Lake Nona in Orlando, Florida, as well as The Green at Lakewood Ranch, Pier Sixty-Six Hotel and Marina, Sunbridge and The Grove in Windermere. For more information, visit www.tavistockdevelopment.com.