Gracewater at Sarasota
Homes for Sale in Sarasota, FL

Community in Sarasota · Sarasota County · ZIP 34234
Free · No obligation
Talk to a Gracewater at Sarasota Expert

True comps, carrying-cost math, and listings before the portals.

Built fromPublic records & builder filingsUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Gracewater at Sarasota is an early-phase, resort-lifestyle community that had opened for sale but had no established MLS resale history at this snapshot. Its signature amenity building, the Pura Vida Club, was still under construction, with an opening announced for 2026, so buyers here are underwriting a community that is being built around them rather than a finished one.

The numbers to watch are the three builders' base prices, which builder materials quote from the $440Ks for the David Weekley product up into the high $600Ks for Privada's homes. For buyers who want a new home close to downtown Sarasota with resort amenities on the way, this is worth evaluating now, while early homesites and plans remain.

Best for

  • Buyers who want a new home close to downtown Sarasota in a resort-amenity community
  • Shoppers who want to compare three builders and choose between single-family and paired-villa product
  • Buyers comfortable with an early-phase community whose amenity center opens in 2026

Probably not for

  • Buyers who want finished amenities in place before they move in
  • Anyone who needs an established resale history to price against
  • Buyers who require confirmed HOA and CDD figures before they will engage

Based on public records and builder announcements.

Recent Developments in Gracewater at Sarasota

Development, infrastructure, retail, and school activity affecting Gracewater at Sarasota, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated July 2026.

Dev Momentum22/100 · Quiet
  1. January 2026
    Development

    Gracewater's Pura Vida Club amenity center set to open in 2026

    Gracewater at Sarasota, a resort-lifestyle community about three miles north of downtown Sarasota built by David Weekley Homes, Privada Homes and Lee Wetherington Homes, announced its amenity center, the Pura Vida Club, with an opening planned for 2026. Announced amenities include four lighted pickleball courts, a zero-entry resort-style pool with cabanas, a fitness center and a clubhouse with a chef's kitchen, plus a dedicated lifestyle manager.

    What it may mean for the marketThe amenity center's 2026 opening marks the point at which the community's resort program is complete; early buyers purchase before that milestone while homesite and plan selection is widest.

    Source: Gracewater at Sarasota

Development alerts for Gracewater at SarasotaGet a short monthly email when something new is approved, funded, or opens near Gracewater at Sarasota.

A monthly email from Momentum Realty. Unsubscribe anytime. See our privacy and disclosures.

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.

If we were buying in Gracewater at Sarasota today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Gracewater at Sarasota.

Best Buy
Buyers who want a new resort-lifestyle home close to downtown Sarasota and are comfortable with an amenity build-out still in progress.
Biggest Risk
Amenities were still under construction and HOA / CDD costs were unpublished at discovery.
Sweet Spot
Best for buyers who want to lock an early homesite before the amenity center opens in 2026.
Avoid If
Avoid if you want completed amenities on day one or need confirmed HOA and CDD figures before engaging.

A Resort Retreat Close to Downtown Sarasota

Gracewater's pitch is location plus amenities: a resort-lifestyle community only about three miles from downtown Sarasota, an area where most inventory is resale rather than new construction. That proximity, paired with a planned amenity program, is the main reason it stands out among near-downtown options.

The community uses three builders, David Weekley Homes, Privada Homes and Lee Wetherington Homes, delivering single-family homes and paired villas. Published David Weekley plans run roughly 1,540 to 1,760 square feet from the $440Ks, while Privada's product is quoted from the high $600Ks, so the price band is wide for a community of this size (builder materials describe on the order of 98 single-family homes planned). The centerpiece is the Pura Vida Club, announced with four lighted pickleball courts, a zero-entry resort-style pool with cabanas, a fitness center and a clubhouse with a chef's kitchen, and a dedicated lifestyle manager, with the club scheduled to open in 2026.

The honest caveats are timing and cost detail. Amenities were not yet complete at discovery, so early residents will live through construction, and the HOA budget and any Community Development District (CDD) assessment were unpublished. Confirm both from recorded documents, and confirm which quick-move-in homes carry incentives, before committing.

The location and the amenities are priced into every listing in Gracewater at Sarasota. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

For an early-phase, multi-builder community, the agent's value is comparison and cost clarity. We can line up David Weekley, Privada and Lee Wetherington plans, included features and lot premiums side by side, and flag which homesites and quick-move-in homes carry the best incentives while the community is still filling in.

We also read the details that matter most this early, the HOA budget, any CDD assessment and the amenity-completion timeline, so you know exactly what you are buying into before the Pura Vida Club opens.

Gracewater at Sarasota in 15 seconds.

Best forBuyers who want a new resort-lifestyle home close to downtown Sarasota and are comfortable with an amenity build-out still in progress.
Biggest advantageA near-downtown location with a planned resort amenity club (Pura Vida Club) and a choice of three builders.
Biggest riskAmenities were still under construction and HOA / CDD costs were unpublished at discovery.
Sweet spotBest for buyers who want to lock an early homesite before the amenity center opens in 2026.
Avoid ifAvoid if you want completed amenities on day one or need confirmed HOA and CDD figures before engaging.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Gracewater at Sarasota sales matched to your home.

What is your Gracewater at Sarasota home worth?

Get a no-obligation home value based on real comparable sales in Gracewater at Sarasota, 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 Gracewater at Sarasota on the map →

Real comps, not an automated estimate.
Buyers who want a new home close to downtown Sarasota in a resort-amenity communityExcellent fit
Shoppers who want to compare three builders and choose between single-family and paired-villa productExcellent fit
Buyers comfortable with an early-phase community whose amenity center opens in 2026Excellent fit
Buyers who want finished amenities in place before they move inProbably not
Anyone who needs an established resale history to price againstProbably not
Buyers who require confirmed HOA and CDD figures before they will engageProbably not

Own a home here?

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

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the public records & builder filings member average and 8 days faster, and we’ll price yours against live your area comps.

Looking to buy here? Search homes for sale →

What’s your home worth in your area?

A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

By submitting, you agree that EAB RE INVESTMENTS LLC (Momentum Realty) and its agents may call, email, and text you about your inquiry, which may involve automated means and prerecorded or artificial voices. You do not need to consent as a condition of buying any property, goods, or services. To opt out, reply STOP at any time or reply HELP for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. See our Privacy Policy and SMS Terms.or call (904) 351-6461
CallFree valuation →
Talk to a Local Gracewater at Sarasota Expert
Call Get Listings