Monterey at
Lakewood Ranch

Toll Brothers gated village · Sarasota County · ZIP 34240

A gated Toll Brothers new-construction village on the Sarasota County side of Lakewood Ranch, near Waterside Place.

Gated new constructionSarasota County side of LWRResort amenity center coming

Live Market Pulse

50/100
Momentum

Buyer-Leaning Market (limited data)

Monterey is new construction, so the read is about the collection, the floor plan, the lot premium, and an honest take on the HOA and Lakewood Ranch Stewardship District lines, not a resale average.

Free · No obligation

Unlock Off-Market Monterey

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

"Monterey at Lakewood Ranch is a gated Toll Brothers village in the Waterside area on the Sarasota County side of Lakewood Ranch, and it reads like new construction, not a resale neighborhood. Toll Brothers announced the community opening in February 2024 with a first phase of single-family homes across the Ardenna and Shearwater collections, and released additional home sites in April 2026 (Toll Brothers, 2024 and 2026). Pricing and the build are driven by the collection, the floor plan, the lot premium, and the option choices at the Design Studio, while the resort-style amenity center is a future build, announced for fall 2027 (Toll Brothers, April 2026). Your leverage here is the base-versus-options math, a fair read on the lot premium, and verifying the HOA dues and the Lakewood Ranch Stewardship District assessment per parcel before you commit."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Monterey at Lakewood Ranch is a private, gated new-home community by Toll Brothers within the Lakewood Ranch master-planned development. It sits in the Waterside area on the Sarasota County side, south of University Parkway near the intersection of Fruitville Road and Lorraine Road, a short drive from Waterside Place (Toll Brothers and Lakewood Ranch, 2026).

Toll Brothers announced the community opening on February 29, 2024, with a first phase of 113 single-family homes across two collections, Ardenna and Shearwater, with floor plans that range from roughly 2,500 to nearly 5,000 square feet (Toll Brothers, 2024). The builder released a new phase of home sites in April 2026 and has marketed a third collection, Egret, as coming for the larger plans (Toll Brothers, 2026).

Because this is new construction, the number is set by the collection, the floor plan, the lot premium, and the options selected at the Toll Brothers Design Studio, not by a resale average. The resort-style amenity center, with a clubhouse, fitness center, resort pool, pickleball and tennis courts, walking trails, and a dog park, is a future build that Toll Brothers has announced for fall 2027, so early buyers should plan around that timeline (Toll Brothers, April 2026).

The pitch is a gated, lower-maintenance Toll Brothers product inside Lakewood Ranch on the Sarasota County side, with access to Waterside Place, downtown Sarasota, Siesta Key, and the Gulf beaches. The work is reading the base-versus-options math, the lot premium, and verifying the HOA dues and the Lakewood Ranch Stewardship District assessment for the exact home.

Quick Match

Who Monterey is best for.

Best for

Buyers who want a gated, lower-maintenance new-construction Toll Brothers home
Buyers who value the Lakewood Ranch master plan on the Sarasota County side
Buyers who want proximity to Waterside Place, downtown Sarasota, and the Gulf beaches
Buyers comfortable building to order and choosing options at the Design Studio

Probably not for

Buyers who want an established resale neighborhood with mature landscaping
Buyers who need the full resort amenity center finished on day one
Buyers unwilling to verify HOA dues and the Stewardship District assessment per parcel
Buyers who want the lowest entry price in the metro rather than a luxury build

Market Pulse

How Monterey 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 Monterey 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 Solera 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 Monterey at Lakewood Ranch buys, holds, and resells. See the five factors.

Interactive Map

Monterey 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

Resort-style amenity center is a future build, announced for fall 2027
Planned clubhouse, fitness center, and resort pool
Planned pickleball and tennis courts plus a dog park
Walking trails and community gathering spaces planned
Confirm the amenity status and funding before you buy

Monterey at Lakewood Ranch is a gated, new-construction Toll Brothers village inside the Lakewood Ranch master-planned development, on the Sarasota County side in the Waterside area. The community is designed around single-family homes across the Ardenna and Shearwater collections, with a third collection marketed as coming, and a resort-style amenity center announced as a future build for fall 2027 that is set to include a clubhouse, fitness center, resort pool, pickleball and tennis courts, walking trails, and a dog park. Residents also tap the broader Lakewood Ranch lifestyle, including Waterside Place, parks, and trails. Confirm the current amenity status and the HOA and Stewardship District fees before you buy.

Nearby & Commute

How far is everything?

The takeaway

Monterey trades a resale neighborhood for a gated Toll Brothers new build inside Lakewood Ranch, with Waterside Place close by and Interstate 75, downtown Sarasota, and the Gulf beaches within a manageable drive.

Drive times from Monterey at Lakewood Ranch. They are approximate and vary with traffic and your exact start point inside the community.

Waterside Place~5 to 10 min · LWR waterfront dining and retail

Interstate 75 (Fruitville or University)~10 to 15 min · regional access

Downtown Sarasota~25 to 35 min · via Fruitville Road

Siesta Key Beach~35 to 45 min · Gulf beach, varies with traffic

Sarasota Bradenton International Airport~25 to 35 min · SRQ

LWR Main Street~15 to 20 min · shops and dining

University Town Center~15 to 20 min · regional retail

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

Nearby Communities

Explore more neighborhoods near Monterey atLakewood Ranch with Momentum Realty’s local guides.

WAWindward atLakewood RanchLakewood Ranch, FL · 0.4 mi BLBay LandingSarasota, FL · 0.6 mi DEDeerfieldSarasota, FL · 0.7 mi RRRainbow Ranch AcresSarasota, FL · 0.7 mi FCThe Founders ClubSarasota, FL · 0.8 mi FCFox Creek AcresSarasota, FL · 1.1 mi TRTatum RidgeSarasota, FL · 1.6 mi LLLaurel LakesSarasota, FL · 2.1 mi BTBent Tree VillageSarasota, FL · 2.8 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

Monterey (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

Sarasota 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

Monterey is served by Sarasota 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

Sarasota 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 Monterey address.

The takeaway

What is actually shaping value at Monterey at Lakewood Ranch: the Toll Brothers build-out and phase releases, the future amenity center timeline, and the wider Lakewood Ranch master plan growth on the Sarasota County side. Each item is sourced and linked.

Recent Developments in Monterey at Lakewood Ranch

Development Intelligence

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

Net OutlookBullishThe Toll Brothers build-out and the Lakewood Ranch growth story point to steady demand, with the watch items being the fall 2027 amenity timeline and how options and lot premiums hold value at resale.

Toll Brothers releases new phase of home sites

2026

BullishMajor impact

SignificanceRadius: Community

A new phase of home sites released in April 2026 signals continued builder commitment and fresh inventory inside the gated village.

Resort amenity center is a future build

2026

NeutralNotable impact

SignificanceRadius: Community

The clubhouse, pool, and courts are announced for fall 2027, so early buyers should weigh the amenity timeline against pricing and incentives.

Sarasota County side of Lakewood Ranch

Ongoing

BullishNotable impact

SignificanceRadius: Area

Being in the Sarasota County portion of LWR, near Waterside Place, ties the village to the master plan's continued growth and services.

Stewardship District assessment applies

Ongoing

NeutralNotable impact

SignificanceRadius: Area

The Lakewood Ranch Stewardship District adds a CDD-like assessment, so carrying cost must be read alongside HOA dues per parcel.

New-construction options and lot premiums

Ongoing

NeutralNotable impact

SignificanceRadius: Community

On a Toll Brothers build, Design Studio options and lot premiums move the number, so the base-versus-options math drives resale outcomes.

Proximity to Waterside Place and the Gulf

Ongoing

BullishMinor impact

SignificanceRadius: Area

Closeness to Waterside Place, downtown Sarasota, Siesta Key, and Interstate 75 underpins the location case that supports demand.

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 Monterey 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 ↓

April 2026
Development
Toll Brothers releases new home sites at Monterey
Toll Brothers announced the release of a new phase of home sites at its gated Monterey at Lakewood Ranch community in Sarasota County, with single-family homes and resort-style amenities announced for fall 2027. Why it matters: The new phase and the stated amenity timeline give buyers a clearer view of inventory and what is still coming. Source
February 2024
Development
Toll Brothers opens Monterey at Lakewood Ranch
Toll Brothers announced the opening of Monterey at Lakewood Ranch on February 29, 2024, with a first phase of 113 single-family homes across the Ardenna and Shearwater collections and a sales center at 2637 Waterfront Circle. Why it matters: The opening established Monterey as a gated Toll Brothers village on the Sarasota County side of Lakewood Ranch, near Waterside Place. Source
December 2025
Market
Lakewood Ranch growth continues on the Sarasota side
Local reporting described continued homebuilding and master plan growth across Lakewood Ranch, including the Sarasota County side, reinforcing the area's standing as one of the nation's top-selling master-planned communities. Why it matters: Sustained master plan growth supports demand and services around villages like Monterey. 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 Monterey buying strategy.

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

Pick the collection and floor plan first. Monterey spans the Ardenna and Shearwater collections with a third coming, and the collection sets the size, the base, and the lot type.

Read the base-versus-options math. The Design Studio options and structural choices move the number a lot on a Toll Brothers build, so price the base plan against the optioned final.

Verify the HOA dues and the Stewardship District assessment. Lakewood Ranch carries an HOA plus a Stewardship District assessment, the master plan equivalent of a CDD, so confirm both lines for the exact home.

Account for the amenity timeline. The resort amenity center is a future build announced for fall 2027, so weigh that against early-buyer pricing and incentives.

Use the Lakewood Ranch context, and cross-shop other LWR villages such as Solera if entry price outranks the gated Toll Brothers product.

The Quick Decision

Best Buy

A right-sized floor plan with a sensible lot premium and disciplined options

Biggest Risk

Overspending on options and a lot premium that resale may not fully return

Best Lot

A lake or preserve lot that justifies the premium, verified on the site plan

Smart Timing

Confirm the HOA, the Stewardship District line, and the amenity timeline 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

Monterey Homes For Sale

What your money buys in Monterey.

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 Monterey today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

The Entry Collection

The Ardenna collection single-family homes, the more attainable way into the gated Toll Brothers village, where the base plan and disciplined options drive value.

Lowest entry

The Move-Up Collection

The larger Shearwater collection homes on premium lots, the heart of the village, where lake and preserve lots and option choices set the number.

Most inventory

The Top

The largest plans, including the marketed Egret collection, on the best lots with full Design Studio packages, the homes positioned to hold value best.

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 Entry Collection

The Ardenna collection single-family homes, the more attainable way into the gated Toll Brothers village, where the base plan and disciplined options drive value.

The Move-Up Collection

The larger Shearwater collection homes on premium lots, the heart of the village, where lake and preserve lots and option choices set the number.

The Top

The largest plans, including the marketed Egret collection, on the best lots with full Design Studio packages, the homes positioned to hold value best.

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 Monterey, 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 Monterey 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 Monterey holds value.

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

Location within Lakewood RanchStrong

New construction qualityPositive

HOA and Stewardship District postureConfirm per parcel

Options and lot premium disciplineVerify per home

Amenity center timelineFuture build, fall 2027

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 Monterey

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.

“

Monterey is a gated Toll Brothers new build inside Lakewood Ranch. The deal is won or lost on the collection, the options math, the lot premium, and the HOA and Stewardship District read.

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.

7.8B+ · Buy Score

Resale Strength7.6/10

Renovation Risk2.2/10

Location Efficiency8.2/10

Long-Term Defensibility7.8/10

Carrying Cost Advantage6.0/10

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 Monterey 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

Lake and preserve lots carry premiums, confirm on the site plan
Match the lot premium to what resale is likely to return
The Stewardship District assessment applies across the community
Verify the HOA dues for the specific home site
Read the lot and the premium before the finishes

In a new-construction village like Monterey, the lot premium is a real part of your money, so it has to be read against what resale is likely to return. Lake and preserve lots command premiums that often hold better than interior lots, but only the site plan and the builder's premium schedule tell you the true gap. Confirm the lot, the premium, and the Stewardship District assessment first, then price the collection and the options against it.

The 15-Second Verdict

Monterey in 15 seconds.

Best forBuyers who want a gated, lower-maintenance Toll Brothers new build inside Lakewood Ranch.

Biggest advantageThe Lakewood Ranch master plan on the Sarasota County side, near Waterside Place and the Gulf beaches.

Biggest riskOverspending on options and lot premiums, plus the amenity center being a future build.

Sweet spotA right-sized plan with a sensible lot premium and disciplined options matched to comps.

Avoid ifYou want an established resale neighborhood or the amenity center finished today.

HOA, Stewardship District & Fees

15-Second Take

Community HOA plus a Lakewood Ranch Stewardship District line
The Stewardship District is the master plan equivalent of a CDD
Verify both the HOA dues and the district assessment per parcel
Resort amenity center is a future build, announced for fall 2027
Lower-maintenance lifestyle is part of the HOA pitch

Monterey carries a community HOA, and like the rest of Lakewood Ranch it sits within the Lakewood Ranch Stewardship District, which adds an assessment on the tax bill that functions as the master plan equivalent of a CDD. Confirm the exact HOA dues and the Stewardship District line for the specific home before you commit.

The HOA is positioned around a lower-maintenance lifestyle and the future community amenities, while the Stewardship District funds master plan infrastructure. The resort amenity center, with a clubhouse, fitness center, resort pool, pickleball and tennis courts, trails, and a dog park, is a future build announced for fall 2027, so confirm what is funded and what is still coming.

Run Your Numbers

Tools for a Monterey buy.

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

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxSarasota County millage and the homestead picture.Rent vs buyThe breakeven on owning in Monterey.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 Monterey

Price to the collection, the options, and the lot premium, not a Lakewood Ranch average.

Selling a Toll Brothers home in Monterey means pricing to your specific collection, your floor plan, your options, and your lot premium, not to a townwide Lakewood Ranch average. What you spent at the Design Studio and the lot you chose 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 Monterey, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping Solera, 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 Monterey home worth?

Get a no-obligation home value based on real comparable sales in Monterey 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 Monterey at Lakewood Ranch on the map →
Or get your Monterey 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 Monterey 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 Sarasota County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$1,609/mo

Sarasota County typical true cost to own

$110/mo

Sarasota 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 · Sarasota 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.

Monterey at Lakewood Ranch Market Scorecard

Strong seller's market

Monterey 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 Monterey at Lakewood Ranch?

Monterey is a gated community in the Waterside area on the Sarasota County side of Lakewood Ranch, south of University Parkway near Fruitville Road and Lorraine Road, a short drive from Waterside Place.

Is Monterey in Sarasota County or Manatee County?

Monterey is in Sarasota County. Lakewood Ranch spans both Manatee and Sarasota counties, and the Toll Brothers Monterey village sits on the Sarasota County side, in the Sarasota County school district per the builder.

Who is the builder at Monterey?

Monterey at Lakewood Ranch is built by Toll Brothers, the national luxury homebuilder. The community is a gated, new-construction village within the Lakewood Ranch master-planned development.

When did Monterey at Lakewood Ranch open?

Toll Brothers announced the community opening on February 29, 2024, with a first phase of 113 single-family homes, and released a new phase of home sites in April 2026 (Toll Brothers, 2024 and 2026).

What home collections does Monterey offer?

Toll Brothers has marketed the Ardenna and Shearwater collections of single-family homes, with a third collection, Egret, marketed as coming for the larger plans. Confirm current availability with the builder.

Does Monterey have an HOA and a CDD?

Monterey carries a community HOA and, like the rest of Lakewood Ranch, sits within the Lakewood Ranch Stewardship District, which adds an assessment that functions as the master plan equivalent of a CDD. Confirm both lines for the specific home.

What amenities will Monterey have?

Toll Brothers has announced a resort-style amenity center with a clubhouse, fitness center, resort pool, pickleball and tennis courts, walking trails, and a dog park. The amenity center is a future build, announced for fall 2027 (Toll Brothers, April 2026).

Is Monterey a gated community?

Yes. Toll Brothers markets Monterey at Lakewood Ranch as a private, gated new-home community within the Lakewood Ranch master-planned development.

What schools serve Monterey?

Monterey is in the Sarasota County school district per the builder. School assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for the specific home with Sarasota County Schools.

How far is Monterey from Waterside Place and downtown Sarasota?

Toll Brothers markets Monterey as a short drive from Waterside Place and minutes from downtown Sarasota and Siesta Key, with access via Interstate 75, US 41, State Road 70, and Fruitville Road. Drive times vary with traffic and your exact start point.

Is Monterey new construction or resale?

Monterey is primarily new construction by Toll Brothers, with quick move-in homes and build-to-order options. As phases sell through, resale homes also enter the market, so you may see both.

Is Monterey a good buy?

It offers a gated, lower-maintenance Toll Brothers product inside Lakewood Ranch on the Sarasota County side. As with any new build, the outcome turns on the base-versus-options math, the lot premium, and the HOA and Stewardship District lines; this is not a guarantee of future value.

What is the Lakewood Ranch Stewardship District?

It is the special district that funds and maintains master plan infrastructure across Lakewood Ranch, with an assessment on the tax bill. It functions like a CDD, so budget it alongside the HOA dues.

How do I read the options math on a Toll Brothers home?

Compare the base floor plan price against the optioned final, including structural choices and Design Studio selections, plus any lot premium. The gap between base and final is where buyers either overspend or hold value, so price both.

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

The best agent for Monterey 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 Monterey at Lakewood Ranch.

How do I find a top Lakewood Ranch real estate agent who knows Monterey 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 Monterey at Lakewood Ranch and the wider Lakewood Ranch area.

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

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

The Verdict

Should you buy in Monterey?

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

Buyers who want a gated, lower-maintenance Toll Brothers new build inside Lakewood RanchExcellent fit

Buyers who value the LWR master plan on the Sarasota County sideExcellent fit

Buyers who want proximity to Waterside Place, downtown Sarasota, and the Gulf beachesExcellent fit

Buyers comfortable building to order and choosing options at the Design StudioExcellent fit

Buyers who will verify the HOA dues and the Stewardship District line per homeExcellent fit

Buyers who want an established resale neighborhood with mature landscapingProbably not

Buyers who need the full resort amenity center finished on day oneProbably not

Buyers unwilling to verify HOA and Stewardship District assessments per parcelProbably not

Buyers who want the lowest entry price in the metro rather than a luxury buildProbably not

Buyers unwilling to read the base-versus-options and lot premium mathProbably not

Get the inside read on Monterey

Whether you are buying a renovation project, comparing the lots and views, weighing the optional club, or selling your Monterey 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 Monterey specialist will reach out personally, usually the same day.

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

Monterey at Lakewood Ranch median home price history from 2012 to 2026, chart by Momentum Realty — Median sale price in Monterey 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.

Monterey atLakewood Ranch

The 60-Second Overview

Who Monterey is best for.

Best for

Probably not for

How Monterey is performing right now

Monterey on the map.

The Club & Membership

How far is everything?

Nearby Communities

Schools

Sarasota County Public Schools (verify by address)

Confirm zoned elementary, middle, and high

Magnet and choice options may apply

Recent Developments in Monterey at Lakewood Ranch

Toll Brothers releases new phase of home sites

Resort amenity center is a future build

Sarasota County side of Lakewood Ranch

Stewardship District assessment applies

New-construction options and lot premiums

Proximity to Waterside Place and the Gulf

Toll Brothers releases new home sites at Monterey

Toll Brothers opens Monterey at Lakewood Ranch

Lakewood Ranch growth continues on the Sarasota side

The Monterey buying strategy.

The full read, only if you want it.

What your money buys in Monterey.

What ~$900K buys here.

Renovation & Resale Intelligence

The renovation premium.

The lot premium.

How well Monterey holds value.

5 Mistakes Buyers Make in Monterey

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 Monterey is different.

Which Lots & Views Hold Value Best

Monterey in 15 seconds.

HOA, Stewardship District & Fees

Tools for a Monterey buy.

Price to the collection, the options, and the lot premium, not a Lakewood Ranch average.

In Monterey, condition and view decide your number

What is your Monterey home worth?

Price History: What Homes Here Have Actually Sold For

The real cost & risk here

Monterey at Lakewood Ranch Market Scorecard

Frequently Asked Questions

Should you buy in Monterey?

Get the inside read on Monterey

You are all set.

Need to sell fast in Sarasota County?

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

More Lakewood Ranch & Bradenton & Manatee County guides

Monterey at
Lakewood Ranch