Pros and Cons of Living in Lakewood Ranch, Florida
What You Should Know Before Moving or Relocating
Lakewood Ranch is one of the fastest-growing master-planned communities in the United States, attracting families, professionals, retirees, and relocators from across the country. Located near Sarasota and Bradenton, this award-winning community is known for modern neighborhoods, strong job growth, and high quality of life.
If you are considering relocating to Lakewood Ranch, here is a detailed breakdown of the pros and cons to help you decide if it is the right fit.
Pros of Living in Lakewood Ranch
1. One of the Top Master-Planned Communities in the U.S.
Lakewood Ranch has been ranked the number one master-planned community in the United States and the top-selling multigenerational community for eight consecutive years. The community is designed with long-term livability in mind, featuring walkable town centers, parks, recreation, and diverse housing options.
2. 40 Percent Open Space and Green Areas
Approximately 40 percent of Lakewood Ranch is dedicated to open space, including parks, lakes, trails, preserves, and recreational areas. Residents enjoy miles of walking and biking trails, golf courses, nature views, and outdoor lifestyle amenities that promote health and relaxation.
3. Three Town Centers Plus Nearby UTC
Lakewood Ranch features three major town centers with shopping, dining, entertainment, and community events. In addition, it sits next to University Town Center (UTC), one of the top retail and dining destinations in the region, offering even more restaurants, luxury shopping, and nightlife options.
4. Younger and Active Demographic
Compared to many Florida communities, Lakewood Ranch attracts a younger population, including families, young professionals, and working couples. The area offers strong school options, youth sports, social clubs, fitness centers, and lifestyle programming designed for an active community.
5. Strong Job Market and Career Opportunities
Lakewood Ranch benefits from a growing job market in healthcare, technology, education, finance, retail, and hospitality. Major employers, new business development, and proximity to Sarasota and Tampa make it an appealing option for career-focused relocators.
Cons of Living in Lakewood Ranch
1. Traffic and a More Urban Feel
Lakewood Ranch feels more like a city than a small town, especially as development continues. Traffic can be heavy during peak hours, around town centers, and near UTC. Those seeking a quiet, rural environment may find it busier than expected.
2. Farther From Beaches Like Siesta Key and Lido Key
While still accessible, Lakewood Ranch is farther from top beaches such as Siesta Key and Lido Key compared to coastal communities. Travel time can increase due to traffic, especially during weekends and tourist seasons.
3. Higher Cost of Living and Home Prices
Lakewood Ranch is significantly more expensive than many surrounding areas. Home prices, property taxes, and everyday costs tend to be higher due to demand, amenities, and community planning.
4. HOA and CDD Fees Can Be High
Most neighborhoods in Lakewood Ranch include Homeowners Association (HOA) fees and Community Development District (CDD) fees. These cover amenities, landscaping, community maintenance, and infrastructure but can add a noticeable monthly expense.
5. Ongoing New Construction and Rapid Growth
Lakewood Ranch continues to expand quickly, which means ongoing construction, new developments, and changing infrastructure. Some residents appreciate the growth, while others find the noise, traffic, and constant development inconvenient.
Is Lakewood Ranch a Good Place to Relocate?
Lakewood Ranch is ideal for people who want a modern, active lifestyle with strong job opportunities, great schools, community events, and access to shopping and dining. It is particularly appealing to families, professionals, and buyers who value newer homes and master-planned living.
However, it may not be the best fit for those seeking low HOA fees, walk-to-the-beach living, or a quiet small-town atmosphere.
Thinking About Moving to Lakewood Ranch?
If you are relocating to Florida or considering Lakewood Ranch, working with a knowledgeable local real estate professional is essential. New construction, HOA rules, CDD fees, and neighborhood differences vary widely, and the right guidance can help you avoid costly mistakes.
