Taylor Morrison has reduced prices on new construction, single-family homes at the Sandoval master-planned, gated community in Cape Coral.

The Pinehurst model with 3BR + den / 2 BA and 2,055 SF of living space has been reduced to $197,900 from the previous price of $214,502.

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The slow recovery of our housing market continues as national builders are ramping up their efforts to build spec homes in our established gated communities. These new homes offer buyers a refreshing alternative to the current inventory of existing homes, many of which are distressed properties.

Pulte Homes is building a new single-family neighborhood in the upscale Cape Coral Sandoval community. The new neighborhood, coined Anguilla will feature 48 single-family homes overlooking two lakes.

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The Cape Coral master-planned community of Sandoval recently received permission from the City Council modify its development plans. The approved change will allow Sandoval to build 50 more single-family homes in exchange for eliminating 104 multi-family homes from the plan.

Single-family homes in Cape Coral’s gated communities are among the most sought after housing options in Southwest Florida and this change will allow Sandoval to target this demand. Buyers generally welcome the deed restrictions in place in these gated communities limiting residents ability to store boats and park commercial vehicles in their driveways. Buyers also are attracted to the certainty associated with in-place municipal utilities in Cape Coral gated communities.

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The appetite for homes in Cape Coral gated communities remains strong as evidenced by ongoing sales activity at Sandoval. Developed by Bonita Bay Group, Sandoval recently announced that it has sold its 803 home, pushing the popular community past the 50% of buildout.

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The Naples Daily News reports that Sutherland at Sandoval, a neighborhood of 45 single-family homes has sold out 93% of its homes. Sutherland at Sandoval, which was built out by Pulte Homes, only has three remaining home sites available. Four floor plans are available in the Sutherland at Sandoval neighborhood ranging in size from 1,834 SF to 2,650 SF and are priced in the mid $100,000s.

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One of the most active search terms on my Southwest Florida real estate website is the phrase “Cape Coral gated communities.”  Every month hundreds Google this phrase in their quest to learn more about gated communities in Cape Coral. What is it about cape Coral gated communities that draws so many property shoppers? One of [...]

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