As of late 2018, housing analysts who follow the Southwest Florida market noticed an interesting development: sales and median prices were both on the rise along with a slight increase in new listings on the eastern reaches of Sarasota County. This trend corresponds to the real estate cycle of developers who build new projects on the outskirts of prime markets such as Sarasota, and this is clearly with Hampton Lakes, a new gated community by Medallion Home.
Hampton Lakes is located about 10 miles east of I-75, a section of Sarasota County that has experienced considerable development in recent years. Buyers who seek properties in this part of town are typically attracted by the countryside ambiance of equestrian communities where they can find larger and more luxurious homes at lower prices. Hampton Lakes is a gated community where one-story estates sit on more than three acres of land; floor plans measure at least 2,395 square feet of interior space with three bedrooms and two full bathrooms, and they are loaded with features such as breakfast nooks, swimming pools, oversize lanais, dens, and separate walk-in closets.
The models selected by Medallion Home for Hampton Lakes are inspired by the Caribbean style of residential architecture. A floor plan such as the Aruba VII looks like a luxury villa in the Bahamas while the Grand Santa Maria is a palatial home complete with extras such as a media room separate from the family room and den. Medallion Home is renowned for its attention to detail; home buyers can expect extras such as granite counter tops, laminate floors that resemble exotic hardwood, elaborate foyers, tiled roofs, and more.
Pricing at Hampton Lakes starts under $525K during its pre-construction phase. Similar homes closer to Downtown Sarasota and the Siesta Key beaches routinely cost at least a million dollars. This is a secluded area, but it is not far from shopping centers at Bee Ridge Plaza and University Corner, where you can find Publix supermarkets and many other conveniences. If your family enjoys exploring nature, Hampton Lakes is right between Myakka River State Park and Lake Manatee; driving to the beaches of Siesta Key will take less than an hour.
Model Slideshow from Hampton Lakes in Sarasota
Homes for Sale at Hampton Lakes in Sarasota
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(all data current as of 10/21/2019)
Listing information deemed reliable but not guaranteed. Read full disclaimer.