The Kolter Group, a real estate investment and development firm with a portfolio that includes management of Hyatt hotels and Ritz Carlton Residences, has set its sights on Lakewood Ranch and is ready to debut Cresswind, a resort-like community for senior residents. The Cresswind brand was launched a couple of decades ago in North Carolina, but it has since expanded to South Carolina, Georgia, and Florida.
Cresswind communities are known for their well-appointed homes as well as their vibrant atmosphere. Lakewood Ranch already offers a few 55+ villages, but the Cresswind project merited inclusion in the 2019 Parade of Homes. By October, the Kolter Group had already completed 10 models of its villas and single-family residences, and these represented the initial phase of what is destined to become one of the best places to retire in Florida.
With more than 250 acres of land to develop Cresswinds, the Kolter Group plans to complete 648 dwellings and set aside nature preserve areas with walking trails for the enjoyment of residents and their guests. The architectural style combines Caribbean designs with Mediterranean touches, and the properties range from two-bedroom villas to four-bedroom homes with two levels and a bonus room that can be converted into an overnight room for guests. The living areas start at 1,515 square feet under air conditioning all the way to 3,574 square feet.
Each home at Cresswinds will boast a builder’s warranty, and pricing starts just under $298K for the two-bedroom villas. Given the sales history and value appreciation record of 55+ communities in Lakewood Ranch, buyers should keep in mind that these are introductory prices. The features will vary between models, but they are extensive; we are talking about granite countertops, Moen water fixtures, General Electric appliances, recessed lighting, Decora light switches, covered lanais decked with paver bricks, security systems, Taexx pest control, and smart thermostats.
As an active lifestyle community, Cresswinds will offer a resort-style swimming pool with an expansive clubhouse complete with catering kitchen for gourmet cooking classes, a ballrooms, fitness center, lounge area, yoga studio, crafts workshop, and game room. Bocce, pickleball, and tennis courts will be located near the spa area, and a full-time activities director will guide residents in the areas of nutrition, physical exercise, and social relationships.
Cresswinds is located in the northeastern quadrant of Lakewood Ranch, which is one of the quietest areas of this master-planned community. The nearest shopping center, Lakewood Walk, is less than 10 minutes away, and Bradenton Beach is a straight shot down State Road 70; in fact, trips to the beach are part of the activities organized by Cresswinds.
Homes for Sale at Cresswind at Lakewood Ranch
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