Sarasota Real Estate Blog

The owners of 16103 Clearlake Blvd in the exclusive Lake Club have just reduced their asking price to $1,349,000. It is now the lowest priced home currently available in the neighborhood.

Virtual Tour

 Call us at 941-544-6467 for a tour of this home or other availble listings in The Lake Club at Lakewood Ranch.

In case you have not heard yet, today congress passed the $700 billion plus bailout of mortgage giants Freddie Mac and Fannie Mae. The bill is designed to bolster the struggling economy and open up the credit markets.

Warren Buffett was quoted today as sating the bailout will "not solve all our problems, but it will help." The truth is that no one know for sure if this will work, but we had to do something to help loosen the credit markets.

The question many locals are wondering is how this will affect the Sarasota real estate market. It will probably be many months before we see significant improvement. The US Treasury will now have the ability to help slow down the rate of foreclosures. The bill is a step in the right direction. According to Mark

We recently listed 16103 Clearlake Avenue for sale for $1,499,000. The owners are including a $50,000 interior design credit at closing. The listing price is over $500,000 off of the original pricing.

This Pruett Builders custom residence offers great indoor-outdoor living and is constructed with the highest attention to quality. Nestled amidst 1500 acres of pristine landscaping, scenic lakes, 100 miles of trails and sidewalks, protected green areas and lushly appointed parks, The Lake Club is located in the heart of Lakewood Ranch. Just completed construction.

Contact us today at 941-544-6467 to schedule a tour of this home and other Lake Club at Lakewood Ranch properties for sale.

An anoymous Russian billionaire contracted last month to purchase a spectacular French Villa for $750 million according to Fox News. Villa Léopolda is located in Cote d'Azur in the French Riviera. The estate requires 50 full time gardeners just to look after the grounds. The seller is Lily Safra, widow of billionaire Edmund Safra who was killed by an arsonist's fire in his Monaco apartment in 2003. The sale will shatter the previous record of $236 million paid for an home in London.

While Sarasota does not have any properties in the hundreds of millions, there are several spectacular estates currently listed for sale.

712 N Casey Key Road  - Located on Casey Key FL, this home stretches from the Gulf to the Bay and is listed for $18.5M.

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