Tuesday, May 10, 2016

Neighborhood Focus: Lake of the Woods in Venice FL

The area known locally as Lake of the Woods is made up of four separate subdivisions (Lakes of Jacaranda, Lake of the Woods, Park Estates, and Grassy Oaks), and is managed under a single homeowner's association called Lake of the Woods Jacaranda.

A more in-depth explanation of the history and how the area developed can be read here.

The greater area of Lake of the Woods includes 871 single family homes, centered around the 35 acre Lake Meredith.  Prices start in the mid $300,000's, and range up to the mid $500,000's.  Most homes are 3 bedrooms and 2 or 2.5 baths, built from the mid 1990's to 2004.

The Lakes of Jacaranda in Venice FL
The Lakes of Jacaranda, one of 4 communities in the greater Lake of the Woods association in Venice FL

Lake of the Woods home in Venice FL
Home in Lake of the Woods in Venice FL

Lake Meredith water view in Lake of the Woods Venice FL
Lake Meredith in Lake of the Woods

Pool and tennis in Lakes of Jacaranda in Venice FL
Clubhouse, pool, and tennis courts in Lakes of Jacaranda

Although a bit older, homes in Lake of the Woods have the attributes that today's home buyers are looking for: split plan bedrooms, volume ceilings, open concept, and durable tile roofs with concrete block construction.

Tighter inventory is influencing sales prices in Lake of the Woods.  In 2015, 52 homes sold at a median sales price of $335,000 and took 79 days to close.  2016 MLS year to date shows only 17 homes sold at a median price of $355,000 and took 69 days to close.

Please click here to view available homes for sale in Lake of the Woods Jacaranda.  Interested in more?  You can:

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