Palm Grove
at Lakewood Ranch

New Neal Communities village · east Manatee County · ZIP 34212

A new Neal Communities village in Lakewood Ranch, mixing single-family homes, paired villas, and townhomes off State Road 64.

New constructionNeal Communities villageSingle-family, villas, townhomes

Live Market Pulse

50/100
Momentum

Buyer-Leaning Market (limited data)

Palm Grove is an active new-construction village, so the read is about builder phase, home type, and the HOA and CDD math, not resale comps on an established neighborhood.

Free · No obligation

Unlock Off-Market Palm Grove

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Stellar MLS data14 years of closingsLocal renovation analysisUpdated twice daily

LiveMarket PulseStellar MLS

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Median Price

0mo

Supply

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Avg DOM

Soft

Seller Leverage

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Median $/Sqft

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1-Yr Price Change

0now

Distress

Jon's Current Read

"Palm Grove is a new Neal Communities village inside Lakewood Ranch, the nation's top-selling multigenerational master plan, so the buy is a new-construction decision first. The village mixes single-family homes, paired villas, and townhomes across roughly 19 floorplans, which means home type and floorplan drive the number as much as the Palm Grove name. An HOA and a Community Development District (CDD) apply, as they do across Lakewood Ranch, so the carrying cost has to be read line by line on the tax bill and HOA budget. Your leverage is buying the right home type and phase, and reading incentives, lot premiums, and the CDD assessment honestly before you fall for the model-home finish."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Palm Grove is one of the newest villages inside Lakewood Ranch, built by Neal Communities, a Southwest Florida homebuilder. It sits on the north side of State Road 64 in east Manatee County, adjacent to Lake Manatee State Park, and is planned for roughly 900 homes (Neal Communities and Lakewood Ranch, 2025).

The village mixes home types. There are single-family homes, paired villas, and townhomes across roughly 19 floorplans, with architectural styles described as British West Indies, farmhouse, coastal, and French Colonial. Decorated models opened in early 2025 and the community celebrated its grand opening in mid-2025 (Neal Communities and Your Observer, 2025).

Because this is new construction, the buy is about home type, floorplan, phase, and the builder's incentives, not about resale comps on an established street. Townhomes, villas, and single-family homes carry very different square footage, maintenance, and price pictures, so the home type decision comes first.

The pitch is a new home inside the Lakewood Ranch master plan with a gated village feel and a planned amenity center, the Palm Club. The work is verifying the HOA dues, the CDD assessment on the tax bill, lot premiums, and the build timeline before you commit, because those carrying costs and incentives are where a new-construction deal is won or lost.

Quick Match

Who Palm Grove is best for.

Best for

Buyers who want a new home with a builder warranty inside Lakewood Ranch
Buyers choosing between townhome, villa, and single-family low-maintenance options
Relocation and seasonal buyers drawn to the Lakewood Ranch master plan and amenities
Buyers comfortable budgeting an HOA plus a CDD assessment on the tax bill

Probably not for

Buyers who want an established, fully built-out neighborhood with resale history
Anyone unwilling to verify HOA dues, CDD, and lot premiums before signing
Buyers who want the shortest possible commute into downtown Sarasota or Tampa
Buyers seeking the lowest entry pricing in the metro over the Lakewood Ranch brand

Market Pulse

How Palm Grove is performing right now

50/100
momentum

Buyer-Leaning Market (limited data)

Seller's marketBalancedBuyer's market

0Months of supplytight

24Median days on marketdays

0 : 0Under contract vs for salestrong demand

0Sold in last 12 monthsliquidity

+127%Median price since 2012appreciation

+0%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Stellar MLS, as of June 30, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Palm Grove listings and the trailing twelve months of closed sales.

Where prices are going$850K2026 YTD

Median sale price by year. Tap a label to compare Sapphire Point or Lakewood Ranch. The 1-year price change is the median sold price over the most recent year versus the prior year, the same measure most listing sites and local Realtor reports use. It reflects the mix of homes that sold, not the change in any single home's value, which is why median price per square foot is shown alongside it to adjust for home size. In thinly traded neighborhoods, where a sale or two can swing the median, we lead with the mix-resistant price-per-square-foot trend instead.

Price per square foot$3072026 YTD

Median $/sqft by year. 2026 is year to date.

Supply and demand now0 : 0active : pending

For sale0

Pending0

Sold 12mo0

Active and pending listings now vs homes sold in the last 12 months.

8.6A- score

Momentum intelligence

Momentum buy score

Our proprietary read on how a home in Palm Grove at Lakewood Ranch buys, holds, and resells. See the five factors.

Interactive Map

Palm Grove on the map.

Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.

Listing locations from Stellar MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The Club & Membership

15-Second Take

The Palm Club is the planned central amenity center
Plans include resort and lap pools and a fitness studio
Pickleball, dog parks, and social spaces are planned
A lifestyle director is planned to run programming
Confirm amenity completion and what dues cover before you rely on it

Palm Grove is a new Neal Communities village inside Lakewood Ranch, planned for roughly 900 single-family homes, paired villas, and townhomes off State Road 64 near Lake Manatee State Park. The centerpiece amenity is the planned Palm Club, with a clubhouse, resort and lap pools, a fitness studio, pickleball courts, dog parks, and social programming led by a lifestyle director. As a Lakewood Ranch village, residents also tie into the broader master plan's parks, trails, and town centers. Confirm the current amenity status, gating, and fee structure before you buy, since the village is still being built out.

Nearby & Commute

How far is everything?

The takeaway

Palm Grove trades a position on the eastern edge of Lakewood Ranch for proximity to Lake Manatee State Park, with State Road 64 and I-75 carrying you to UTC, Waterside, downtown Sarasota, and the SRQ airport.

Drive times from Palm Grove. They are approximate and vary with traffic and your exact homesite within the village.

I-75 at State Road 64 (Exit 220)~12 to 15 min · ~7 to 8 miles west

University Town Center (UTC) mall~20 to 25 min · shopping and dining

Waterside Place town center~20 to 25 min · Lakewood Ranch town center

Lakewood Ranch Medical Center~15 to 20 min · hospital

Downtown Sarasota~35 to 45 min · via I-75

Sarasota Bradenton airport (SRQ)~25 to 35 min · via I-75

Lake Manatee State Park~5 to 10 min · adjacent on SR 64

Distances and drive times are approximate and vary with traffic and your exact homesite. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Palm Groveat Lakewood Ranch with Momentum Realty’s local guides.

CLCresswind Lakewood Ranch: The New-Home GuideLakewood Ranch, FL · 2.0 mi DWDel Webb Catalina at Lakewood Ranch: The New-Home GuideLakewood Ranch, FL · 2.2 mi RWRye Wilderness EstatesParrish, FL · 2.5 mi SFStar Farms at Lakewood Ranch: The New-Home GuideLakewood Ranch, FL · 3.4 mi LLLorraine Lakes at Lakewood Ranch: The New-Home GuideLakewood Ranch, FL · 4.4 mi EAEsplanade at Azario Lakewood Ranch: The New-Home GuideLakewood Ranch, FL · 4.7 mi LNLakewood National: The New-Home GuideLakewood Ranch, FL · 4.8 mi SASolera atLakewood RanchLakewood Ranch, FL · 4.9 mi SPSapphire Point at Lakewood Ranch: The New-Home GuideLakewood Ranch, FL · 5.5 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr

Palm Grove (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take

Manatee County Public Schools
Verify the zoned schools by address
Magnet and choice options may be available
Confirm current ratings before relying on them
Private and parochial options nearby

Palm Grove is served by Manatee County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Public

Manatee County Public Schools (verify by address)

Verifyrating

By address

Confirm zoned elementary, middle, and high

Verifyrating

Choice

Magnet and choice options may apply

Verifyrating

Buying with schools in mind? We can confirm the exact zoned schools for any Palm Grove address.

The takeaway

What is actually shaping value around Palm Grove: the active Neal Communities build-out, Lakewood Ranch's standing as a top-selling national master plan, and the new-construction dynamics of HOA and CDD carrying cost. Each item is sourced and linked.

Recent Developments in Palm Grove at Lakewood Ranch

Development Intelligence

Our read on what is being built around Palm Grove, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishLakewood Ranch's top-selling national ranking and the steady Neal Communities build-out point to durable demand, with the watch items being how fast the village builds out and how the HOA and CDD carrying cost settles.

Neal Communities Palm Grove build-out under way

2025

BullishMajor impact

SignificanceRadius: Community

An active builder with decorated models and a planned Palm Club amenity center adds modern inventory and amenities as the village fills in.

Lakewood Ranch ranked among nation's top-selling master plans

2024 to 2025

BullishMajor impact

SignificanceRadius: Region

Lakewood Ranch's national ranking and multigenerational sales streak underpin demand and brand strength across its villages, including new ones like Palm Grove.

HOA plus CDD carrying cost on new homes

Ongoing

NeutralNotable impact

SignificanceRadius: Community

An HOA and a CDD assessment both apply, so carrying cost has to be read per home type and on the tax bill, not assumed from the base price.

Eastern edge location near Lake Manatee State Park

Ongoing

NeutralNotable impact

SignificanceRadius: Area

The State Road 64 corridor position trades a longer drive to Sarasota and the coast for a quieter setting and direct I-75 access west.

New-construction phase and incentive dynamics

Ongoing

NeutralNotable impact

SignificanceRadius: Community

Builder incentives, lot premiums, and the build phase drive the real price on a new home, so the negotiation is different from a resale street.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Palm Grove at Lakewood Ranch, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

June 2025
Development
Neal Communities celebrates Palm Grove grand opening
Neal Communities celebrated the grand opening of its Palm Grove Discovery Center in mid-2025, a community of roughly 900 new homes, townhomes, and paired villas in east Manatee County adjacent to Lake Manatee State Park. Why it matters: The grand opening confirms an active, fully marketed new-construction village rather than a paper plan, which broadens buyer choice within Lakewood Ranch. Source
July 2025
Market
Lakewood Ranch holds No. 1 multigenerational ranking
Lakewood Ranch maintained its standing among the nation's top-selling master-planned communities and again led multigenerational sales in 2025 mid-year rankings, extending a multi-year streak. Why it matters: The brand strength of the master plan supports demand across its villages, including newer ones like Palm Grove. Source
January 2025
Development
Palm Grove pre-sales open with decorated models
Neal Communities began pre-sales at Palm Grove with nine decorated models and roughly 19 floorplans spanning single-family homes, paired villas, and townhomes in architectural styles including British West Indies, farmhouse, coastal, and French Colonial. Why it matters: A broad floorplan and home-type mix lets buyers tune space and maintenance, but it also means home type drives the price more than the village name. Source

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

The Strategy

The Palm Grove buying strategy.

If we were buying in Palm Grove, this is the order of operations we would run, and the one we run for our clients.

Decide the home type first. Palm Grove mixes townhomes, paired villas, and single-family homes, and that choice sets the square footage, maintenance, and price picture.

Read the HOA and CDD together. An HOA and a Community Development District both apply across Lakewood Ranch, so verify the dues and the CDD line on the tax bill before you offer.

Price the incentives and lot premiums. New construction is negotiated through builder incentives, design-center allowances, and lot premiums, not just the base price.

Confirm the build phase and timeline. A move-in-ready home and a to-be-built home carry very different timing and pricing, so confirm the phase for any specific homesite.

Use the master-plan context, and cross-shop another newer Lakewood Ranch village such as Sapphire Point if a different amenity or home mix fits better.

The Quick Decision

Best Buy

The home type and floorplan matched to your maintenance and space needs

Biggest Risk

Underbudgeting the HOA plus CDD assessment and lot premiums

Best Lot

A homesite with a view or buffer that justifies its lot premium

Smart Timing

Confirm the build phase, incentives, and CDD line before you sign

Deep-Dive Intelligence

The full read, only if you want it.

The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Palm Grove Homes For Sale

What your money buys in Palm Grove.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Here are the broad resale bands in Palm Grove today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

The Low-Maintenance Entry

Townhomes and paired villas, the lower-maintenance way into the village, with exterior or lawn care often handled and a smaller footprint.

Lowest entry

The Single-Family Core

Single-family floorplans on standard homesites, the heart of the village, balancing space and the Lakewood Ranch address.

Most inventory

The Top

Larger single-family floorplans on premium homesites with views or buffers, the homes that tend to hold the most appeal at resale.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

See Off-Market & Private Listings

What Your Money Buys

What ~$900K buys here.

Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.

The Low-Maintenance Entry

Townhomes and paired villas, the lower-maintenance way into the village, with exterior or lawn care often handled and a smaller footprint.

The Single-Family Core

Single-family floorplans on standard homesites, the heart of the village, balancing space and the Lakewood Ranch address.

The Top

Larger single-family floorplans on premium homesites with views or buffers, the homes that tend to hold the most appeal at resale.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

Operator Intelligence

Renovation & Resale Intelligence

The factors that actually move value in Palm Grove, condition, lot, and the renovation math, read from current listings and recent sales.

15-Second Take

Renovation math decides the deal
Golf and lake lots resell strongest
Roof and HVAC age drive the insurance quote
Interior lots are where buyers overpay

Proprietary Data

The renovation premium.

Renovated-listing inventory in Palm Grove is too thin right now to compute a reliable renovation premium. We read condition home by home against real comps before you offer.

Lot Value

The lot premium.

On golf, lake, and preserve frontage, the homesite is the part of your money the market gives back at resale. The house can be renovated; the lot cannot, so premium lots hold their value better than interior ones. How much more they command varies by frontage, view, and condition, which is why we read it home by home against real comparable sales rather than a single headline figure.

Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Resale Strength Scorecard

How well Palm Grove holds value.

Our read on the factors that protect resale here, and the one to manage.

Location within Lakewood RanchStrong master plan

New construction qualityBuilder warranty

HOA and CDD postureConfirm per home type

Amenity completion timingPalm Club planned

Build phase and incentivesVerify per homesite

Momentum analysis based on the no-CDD structure, central location, built-out lot scarcity, the funded club plan, and the all-resale 1990s housing stock. Not a guarantee of future value.

Operator Note

The strongest value pocket is usually a renovated golf or lake home priced just under the next tier up. Buyers chasing the single biggest estate often pay estate prices for what is really a renovation project.

5 Mistakes Buyers Make in Palm Grove

15-Second Take

Calling the listing agent (who works for the seller)
Misjudging the renovation budget
Overpaying for an interior lot
Ignoring the optional club cost
Skipping the roof, HVAC, and systems check

In an all-resale, seven-figure, renovation-driven market, the same five mistakes cost buyers the most. Every one is avoidable with the right preparation before you tour.

Calling the listing agent

The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.

Misjudging the renovation math

A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.

Overpaying for an interior lot

Golf frontage, lakefront, and preserve lots carry real, durable premiums. Pay an estate price for an interior lot and you are buying the weakest version of the value.

Ignoring the club decision

The club is optional and separate, so two similar homes can cost very differently to own. Buyers who do not price the membership they will actually use misread their real monthly number.

Skipping the systems check

A 1990s home means 1990s-era systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.

“

Palm Grove is a new Neal Communities village inside Lakewood Ranch. The deal is won or lost on home type, the HOA and CDD math, and the builder incentives and lot premium.

Jon Brooks · Founder, Momentum Realty

Momentum Intelligence

Momentum Buy Score.

Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.

7.5B+ · Buy Score

Resale Strength7.4/10

Renovation Risk2.2/10

Location Efficiency7.6/10

Long-Term Defensibility7.4/10

Carrying Cost Advantage6.4/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Momentum Housing Intelligence

Why our read on Palm Grove is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Stellar MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Stellar MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates

Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

About the analyst · Our methodology

Which Lots & Views Hold Value Best

Proprietary Data · Lot Value Map

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)

$261 value$401 premium

Lake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Stellar MLS; for orientation, not an appraisal.

15-Second Take

Lot premiums vary widely, confirm the homesite charge
View and buffer lots carry a premium but tend to hold appeal
Interior lots are the value entry within a phase
The CDD assessment is tied to the community, read the tax line
Confirm the build phase for the specific homesite

In a new village, the homesite is where premiums add up fast and where resale appeal is set. View, water, and preserve-buffer lots carry premiums but tend to hold appeal better than interior sites backing other homes. The house can be the same floorplan next door, but the homesite and its premium cannot be changed later. Read the lot premium against the view and the phase before you fall for the model, and remember the CDD assessment is community-wide, separate from the lot you pick.

The 15-Second Verdict

Palm Grove in 15 seconds.

Best forBuyers who want a new home with a warranty inside Lakewood Ranch and a choice of home types.

Biggest advantageNew construction in the nation's top-selling multigen master plan, with a planned amenity center.

Biggest riskHOA plus CDD carrying cost and lot premiums that have to be read before you sign.

Sweet spotThe home type and floorplan matched honestly to your space, maintenance, and budget.

Avoid ifYou want an established neighborhood with resale history or the metro's lowest entry pricing.

HOA, CDD & Fees

15-Second Take

An HOA and a CDD both apply, verify per home type
The CDD assessment sits on the annual tax bill, read it
Villas and townhomes may include exterior or lawn care
Dues and lot premiums vary by home type and homesite
Confirm what the planned Palm Club dues cover before you sign

Palm Grove carries an HOA, and like most of Lakewood Ranch it also sits within a Community Development District (CDD) that adds an assessment to the annual tax bill. Dues and the CDD line vary by home type and homesite, so confirm the exact figures for the specific home and phase before you offer.

HOA dues typically cover common areas, gated entry, and the planned Palm Club amenities. On villas and townhomes, the HOA may also cover exterior or lawn maintenance for lower-maintenance living. The CDD assessment funds community infrastructure and is separate from the HOA. Confirm exactly what is included for the home type you choose.

Run Your Numbers

Tools for a Palm Grove buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxManatee County millage and the homestead picture.Rent vs buyThe breakeven on owning in Palm Grove.Save Our HomesProject your homestead tax cap over time.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Selling in Palm Grove

Price it to the home type, phase, and the builder's current incentives, not a single village average.

Selling in a new village like Palm Grove means pricing to your specific home type and floorplan, and reading against what the builder is offering on comparable new homes, not to a single townwide average. The home type, the upgrades, and the lot premium are what set your number.

Momentum listings (YTD)

97.98%

Sold-to-list ratio across our market for our agents, sellers keeping more of their price.

Market average (YTD)

96.73%

The broader metro average sold-to-list ratio over the same period.

Momentum days on market

64 days

Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.

Market days on market

72 days

The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Palm Grove, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Sapphire Point, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Palm Grove home worth?

Get a no-obligation home value based on real comparable sales in Palm Grove matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Palm Grove at Lakewood Ranch on the map →
Or get your Palm Grove at Lakewood Ranch home value & selling guide →

Real comps, not a Zestimate.

Price History: What Homes Here Have Actually Sold For

Median sale prices in Palm Grove at Lakewood Ranch year by year since 2012, from closed MLS sales. A long track record beats a single estimate, showing what this community has really done through rate cycles rather than what a model predicts.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Manatee County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$1,609/mo

Manatee County typical true cost to own

$110/mo

Manatee County typical home insurance

No CDD

No community development district bond

Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Manatee County scorecard.

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

Palm Grove at Lakewood Ranch Market Scorecard

Strong seller's market

Palm Grove at Lakewood Ranch is currently a strong seller's market. About 1.8 months of supply, a median asking price of $1,019,500, and homes go under contract in about 58 days.

1.8

Months supply

$1,019,500

Median list

$847,500

Median sold

$313

Per sqft

Days on mkt

6/8/41

Active/Pend/Sold

Typical home value in the 32224 ZIP is $456,759, about 13.7% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Palm Grove at Lakewood Ranch?

Palm Grove is a new village inside Lakewood Ranch, on the north side of State Road 64 in east Manatee County, adjacent to Lake Manatee State Park, in ZIP 34212.

Who is building Palm Grove?

Palm Grove is built by Neal Communities, a Southwest Florida homebuilder. Decorated models opened in early 2025 and the community held its grand opening in mid-2025 (Neal Communities and Your Observer, 2025).

What types of homes does Palm Grove offer?

The village mixes single-family homes, paired villas, and townhomes across roughly 19 floorplans, with styles described as British West Indies, farmhouse, coastal, and French Colonial. Confirm current floorplans and availability with the builder.

Is Palm Grove new construction?

Yes. Palm Grove is an active new-construction village planned for roughly 900 homes, so most homes are to-be-built or builder inventory rather than resales (Neal Communities and Lakewood Ranch, 2025).

Does Palm Grove have an HOA and a CDD?

Yes. Palm Grove carries an HOA, and like most of Lakewood Ranch it sits within a Community Development District that adds an assessment to the tax bill. Confirm the exact dues and CDD line for the specific home and home type.

What amenities will Palm Grove have?

Plans call for a central amenity center, the Palm Club, with a clubhouse, resort and lap pools, a fitness studio, pickleball, dog parks, and social spaces with a lifestyle director. Confirm the amenity status and timing, as some features are planned or under construction.

Is Palm Grove a gated community?

Marketing describes Palm Grove as a gated village within Lakewood Ranch. Confirm gating, access, and any guest entry details directly for the specific phase.

What schools serve Palm Grove?

Palm Grove is in the Manatee County School District. A new Lake Manatee K-8 school is planned in the State Road 64 corridor nearby. School assignment is by address and can change, so confirm the zoned schools for any specific home.

How far is Palm Grove from I-75?

Palm Grove is roughly 7 to 8 miles east of the Interstate 75 and State Road 64 interchange (Exit 220), so I-75 access is a short drive west on State Road 64. Confirm the route and time for your exact homesite.

How far is Palm Grove from downtown Sarasota and the beaches?

Downtown Sarasota and the Gulf beaches are a drive southwest via I-75 and local roads. Drive times vary with traffic and your exact start point, so confirm the route for your specific home.

Is Lakewood Ranch a top-selling community?

Yes. Lakewood Ranch has ranked among the nation's top-selling master-planned communities and has held the top spot for multigenerational sales for several consecutive years (RCLCO and Your Observer, 2024 to 2025).

Should I buy a townhome, villa, or single-family home at Palm Grove?

It depends on your space and maintenance needs. Townhomes and paired villas offer lower-maintenance living at a lower entry point, while single-family homes offer more space and yard. The home type drives the square footage, the fees, and the price.

What is the Palm Club?

The Palm Club is the planned central amenity center for Palm Grove, with a clubhouse, pools, a fitness studio, pickleball, dog parks, and social programming. Confirm the construction status and what HOA dues cover before you rely on any specific amenity.

Is Palm Grove a good investment?

Lakewood Ranch's standing as a top-selling master plan supports demand, but Palm Grove is new construction, so the outcome depends on home type, the price you pay against builder incentives, and the HOA and CDD carrying cost. This is not a guarantee of future value.

Who is the best real estate agent for Palm Grove at Lakewood Ranch?

The best agent for Palm Grove at Lakewood Ranch is one who actively works Lakewood Ranch and knows the community's pricing, HOA and CDD details, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Palm Grove at Lakewood Ranch.

How do I find a top Lakewood Ranch real estate agent who knows Palm Grove at Lakewood Ranch?

Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Palm Grove at Lakewood Ranch and the wider Lakewood Ranch area.

Can Momentum Realty connect me with an agent for Palm Grove at Lakewood Ranch?

Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Palm Grove at Lakewood Ranch purchase or sale - no call center and no pressure.

The Verdict

Should you buy in Palm Grove?

An honest fit check. We will tell you when it is not your community.

Buyers who want a new home with a builder warranty inside Lakewood RanchExcellent fit

Buyers choosing among townhome, villa, and single-family low-maintenance optionsExcellent fit

Relocation and seasonal buyers drawn to the master plan and planned amenitiesExcellent fit

Buyers comfortable budgeting an HOA plus a CDD assessmentExcellent fit

Buyers who will read incentives, lot premiums, and the build phase carefullyExcellent fit

Buyers who want an established, built-out neighborhood with resale historyProbably not

Anyone unwilling to verify HOA dues, CDD, and lot premiums before signingProbably not

Buyers who need the shortest commute into downtown Sarasota or TampaProbably not

Buyers seeking the metro's lowest entry pricing over the Lakewood Ranch brandProbably not

Buyers unwilling to wait on a to-be-built home or amenity completionProbably not

Get the inside read on Palm Grove

Whether you are buying a renovation project, comparing the lots and views, weighing the optional club, or selling your Palm Grove home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

You are all set.

A Momentum Realty Palm Grove specialist will reach out personally, usually the same day.

Thinking about hiring an agent here? How to find the best real estate agent in Palm Grove at Lakewood Ranch - what to look for, questions to ask, and your local expert.

Palm Grove at Lakewood Ranch median home price history from 2012 to 2026, chart by Momentum Realty — Median sale price in Palm Grove at Lakewood Ranch, Florida by year (2012 to 2026). Source: Momentum Realty.

Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Listings courtesy of Stellar MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; deemed reliable but not guaranteed by MLS GRID.

Palm Groveat Lakewood Ranch

The 60-Second Overview

Who Palm Grove is best for.

Best for

Probably not for

How Palm Grove is performing right now

Palm Grove on the map.

The Club & Membership

How far is everything?

Nearby Communities

Schools

Manatee County Public Schools (verify by address)

Confirm zoned elementary, middle, and high

Magnet and choice options may apply

Recent Developments in Palm Grove at Lakewood Ranch

Neal Communities Palm Grove build-out under way

Lakewood Ranch ranked among nation's top-selling master plans

HOA plus CDD carrying cost on new homes

Eastern edge location near Lake Manatee State Park

New-construction phase and incentive dynamics

Neal Communities celebrates Palm Grove grand opening

Lakewood Ranch holds No. 1 multigenerational ranking

Palm Grove pre-sales open with decorated models

The Palm Grove buying strategy.

The full read, only if you want it.

What your money buys in Palm Grove.

What ~$900K buys here.

Renovation & Resale Intelligence

The renovation premium.

The lot premium.

How well Palm Grove holds value.

5 Mistakes Buyers Make in Palm Grove

Calling the listing agent

Misjudging the renovation math

Overpaying for an interior lot

Ignoring the club decision

Skipping the systems check

Momentum Buy Score.

Why our read on Palm Grove is different.

Which Lots & Views Hold Value Best

Palm Grove in 15 seconds.

HOA, CDD & Fees

Tools for a Palm Grove buy.

Price it to the home type, phase, and the builder's current incentives, not a single village average.

In Palm Grove, condition and view decide your number

What is your Palm Grove home worth?

Price History: What Homes Here Have Actually Sold For

The real cost & risk here

Palm Grove at Lakewood Ranch Market Scorecard

Frequently Asked Questions

Should you buy in Palm Grove?

Get the inside read on Palm Grove

You are all set.

Need to sell fast in Manatee County?

You just read the data. Now see what your home is worth.

More Lakewood Ranch & Bradenton & Manatee County guides

Palm Grove
at Lakewood Ranch