LAKEWOOD RANCH, Fla. (July 27, 2015) –The Concession Residences, an exclusive, gated golf-course community located between Sarasota and Manatee counties, recently sold 23 home sites for future custom built homes in the first half of 2015, representing a nearly 20 percent increase over home sites purchased by consumers over the same period last year.
The luxury community has experienced an 18 percent rise in the average sale price of home sites from $258,524 in 2014 to $305,617 in the second quarter of 2015.
“So far in 2015, we’ve experienced a significant increase in the number of sites sold for future homes and the average sales price of those home sites, which is a credit to an excellent location in the Sarasota-Manatee region and our top-quality custom homes and homebuilders,” said Mark Bruce, director of sales at The Concession Real Estate Company. “Buyers are attracted to the exclusivity, privacy and spaciousness offered here at The Concession Residences. We are seeing a surge in young professional families with children as buyers. Our large one-acre home sites provide space for a wonderful custom home plus spacious outdoor living and backyard experiences,” said Bruce.
The Concession features the area's top builders including Anchor Builders, Arthur Rutenberg Homes, Emerald Homes, John Cannon Homes, Johnson Homes, Lee Wetherington Homes, Neal Signature Homes and Rinehart Homes. One-acre sites are currently priced from the low $300,000s with home and lot packages starting at $1 million.
About The Concession
Located within 1,232 acres of pristine old Florida land, The Concession Residences is a luxury, gated community, developed by Core Development, with one-half acre to over one-acre single-family estate home sites featuring lake and preserve views. In addition to the adjacent Concession Golf Club with its 33,000-square-foot clubhouse and highly notable 18-hole Jack Nicklaus signature course, another grand amenity for use by The Concession residents is the 53-foot Selene motor yacht dubbed “The Concession. Ideal for family reunions, romantic voyages or client entertaining, this beautifully furnished vessel has every luxury. A professional crew ensures that your travel or private party is truly memorable. Available for cruising Sarasota Bay or the Gulf of Mexico, The Concession may be reserved by residents for a minimum four-hour outing or for extended trips. The Concession Residences is located on the border of Sarasota and Manatee counties east of Lakewood Ranch, Florida, just six miles east of 1-75 at University Parkway and Bourneside Avenue.