Need a mid-2022 update on the Babcock Ranch community?
Babcock Ranch is a friendly Southwest Florida community that is the first solar-powered town in the United States, north of Fort Myers and straddling Lee and Charlotte counties.
As a realtor who services Southwest Florida from ritzy Naples to high-end Sarasota, I take particular pride in the Babcock Ranch community because I don’t just help sell and buy homes there – I’m a resident of the community myself!
In this post, I’ll be sharing some updates on distinctive neighborhoods and planned communities that are coming as of mid 2022 to the top Master Planned Community of the year in 2020.
Planned Community: The Preserve
I don’t have too much information on The Preserve just yet. This Babcock Ranch community is being built by builder D.R. Horton and is said to be opening this August.
There will be 154 twin villas in this community. The villas will have modern floor plans with two bedrooms, two full bathrooms, and a den.
The community north of Fort Myers will also feature a private, gated pool and a bocce ball court. It’s the perfect neighborhood for young millennials or small families not to far from schools like Babcock Neighborhood School.
I have no word on the price points yet or the specifics on lot sizes.
Planned Community: Waterview Landing
Coming from builders Toll Brothers, Waterview is a Babcock Ranch community of 96 single family homes. These homes will be situated on a peninsula and surrounded by beautiful Lake Babcock and a rich conservation area.
Lot sizes will be 50-60 feet, which are considered your standard – 50 being mid-sized and 60 being larger.
This community offers a host of modern home designs with an array of personalization options available, and each home comes with a water view! This would be a great neighborhood for growing families or even young millennials who just appreciate a nice view.
As of right now, there’s no official word on when this community will be open but it should be soon.
Planned Community: Northridge
The Northridge Babcock Ranch community is already opened. At its completion, it will have 322 homes. Its builder Pulte Homes has a specific strategy in place for the home designs.
For their Discovery and Classic Series, which are their small and mid-sized homes, Pulte is doing all inventory homes. This means they pick out the floor plan and put in all of the options. There is no customization in these homes.
To have the option to customize the home to your liking, you would have to go with the Estate Series. These are the larger homes in Babcock Ranch Northridge’s community. They sit on 60-foot lots. With this option, you can pick out the home, choose the lot and do all the design options you want to do inside of the home.
Pricing starts at the mid $300s.
Babcock Ranch Planned Community: Crescent Grove
The Crescent Grove community is by builder Meritage Homes and will be located to the right of Curry Preserve. This development will offer three series: The Reserve Series, The Classic Series and the Signature Series.
The Reserve Series features one- and two-story single family homes that have three to four bedrooms, two to three bathrooms and a two car garage. These homes sit on 40-foot lots and pricing starts at $270,990.
The Classic Series feature one-story single family homes that are also three to four bedrooms, two to three bathrooms with a two car garage. These homes sit on a 50-foot lot and pricing starts at $325,990.
Information on the Signature Series is a little obscure, but it is said the development will feature three car garages and they will sit on 60-foot lots.
Planned Community: TBD
At this moment, we are unsure of what the community name will be, but there is a plan for about 100 Coach Homes by builder Lennar Homes.
Coach Homes are two-story walkup buildings with four to twelve units per building. These are going to be a block of four homes, top and bottom.
Lennar will be building these homes on the slice of land next to Edgewater where they excavated the lake.
If you’re expecting much of a break in price with this style of home, don’t set your hopes too high. Lennar has Coach Homes in the Babcock National community, as well, and these homes range from $388,999 – $410,999.
Why Move to Babcock Ranch?
Babcock Ranch, just north of Fort Myers straddling Lee County and Charlotte County, offers a unique opportunity for its residents to be a part of the town that is innovative and affordable.
As the first established solar powered town in the nation, renewable energy is an everyday part of life in this community located in Southwest Florida north of Fort Myers and south of Punta Gorda.
For current and future residents who are environmentally conscious like myself, joining this community enabled me to minimize my environmental footprint at no additional cost.
The town partnership with Florida Power & Light ensures that the net production of clean, renewable energy at Babcock Ranch, FL exceeds the total amount the town consumes making it most energy efficient.
Nature Friendly Community
Just being a solar-powered town isn’t enough for this nature embracing community, though. Babcock Ranch, FL offers neighborhood parks, community gardens and expansive trails for alternative transportation so that residents can connect with each other and nature. Half of Babcock Ranch is set aside for green spaces like the Babcock Ranch preserve.
Fun Activities for All Ages
In Founder’s Square, you’ll find businesses that often host social activities and events. These businesses include dining options like Slater’s Goods & Provisions and Square Scoops Coffee & Creamery.
Babcock Ranch offers Food Truck Fridays from 5 p.m. to 9 p.m. where you can take your pick from a variety of different types of foods and mingle with the locals. Kids can run around playing tag or ball or go about on golf carts.
There is also a Farmer’s Market on Sundays from 9 a.m. to 1 p.m. where residents can shop for fresh fruit, vegetables, plants, seafood, cut flowers and more.
Need shopping options? The Crescent B Commons anchored by a Publix, upscale restaurants and other vital service businesses recently opened for your “retail therapy.”
Childcare and Schools
For families with babies and school-aged children, one of the most amazing things Babcock Ranch offers is its own schools and childcare center.
The Bloom Academy is a lovely daycare that offers pre-k schooling as well and serves children 6 weeks to 12-years-old.
Babcock Neighborhood School is the community school for students in K-8th. Babcock Neighborhood School offers “greenSTEAM” education that integrates science, technology, engineering, the arts and math.
Just this year, the Babcock High School opened for high school students. There, they continue their STEAM focused education that started at the Babcock Neighborhood School. A new high school is being built and will house science labs, multiple assembly areas, a media room and a rec center.
A Word to Potential Buyers
As we enter the summer of 2022 and we see that interest rates are rising and there is talk of a possible recession, that may leave potential buyers with questions about what that means for the sale of new homes.
If you’ve been following the news, you know the labor market is doing well and the fundamentals of the economy are pretty strong. Prices are still high on real estate and in all honesty, I don’t foresee them going down much.
They may go down a little bit, but nothing too extraordinary – maybe five to ten percent, max. We certainly won’t see a 50% drop like we did in 2007 and 2008.
How Builders Affect the Market
The reason for that is because there’s still not enough inventory. Builders are still unable to keep up with the demand. The market might shift, but builders still have a lot of tools at their disposal before they give in and drop prices.
For example, they’re not paying anything in commission right now. Before they would take the step of dropping prices, they’d rather up the realtors’ commissions to spur them to bring in more clients. They can also give more incentives like giving more in closing costs.
I would expect that for anyone wanting to purchase a home the community near the environmental sanctuary Babcock Ranch preserve, the buying climate should be better next year because there will be more builders coming in. Along with Toll Brothers and D.R. Horton, I’ve heard Christopher Allen is coming as well as Neil.
These other builders coming in will make the ones that control the market now have to compete more, benefitting you the consumer! So if it’s your goal to join this awesome Southwest Florida community, my advice is to just be a little patient and wait on that market to be a little more buyer friendly.
Contact Me For a Tour of Babcock Ranch
If you have interest in the Bacock “bubble” and want a realtor with expertise and who is raising a family in the community, get in touch! If you are interested in touring a home in one of our Babcock Ranch communities, click here to contact me today.