Places in this guide Lakewood Ranch Lorraine Lakes Artistry Laurel Oak Estates
By Janelle Mertins, Realtor with Compass. Last updated September 28, 2026.
What does it cost to live in Lorraine Lakes? On September 28, 2026, 51 Lorraine Lakes homes were on the market (34 single family homes and 17 townhomes), priced from $315,900 to $1,100,000, with a median list price of $589,000. Beyond the purchase price, plan on a monthly HOA fee, a yearly Stewardship District assessment billed with your property taxes, and a small mandatory clubhouse minimum, all on top of the mortgage.
Lorraine Lakes is a gated, Lennar built community in Lakewood Ranch (Bradenton and Lakewood Ranch, FL 34211), built around a large resort style clubhouse. I’m Janelle Mertins, a Realtor with Compass in Sarasota, and I show buyers Lorraine Lakes alongside the other Lakewood Ranch villages so they can compare true carrying costs, not just the list price.
Lorraine Lakes homes for sale in September 2026
On September 28, 2026, Janelle’s site showed 51 active Lorraine Lakes listings: 34 single family homes and 17 townhomes, ranging from $315,900 to $1,100,000, with a median list price of $589,000. Four of those listings were already pending. Every current listing, updated daily with a dated market snapshot, is on the community page.
- Home types today: mostly single family homes, with a meaningful share of townhomes for buyers who want less upkeep.
- Price spread: townhomes anchor the low end near $315,900; the largest single family homes reach into the $1,000,000s.
- Compare with two nearby ZIP 34240 communities: Artistry and Laurel Oak Estates.
What Lorraine Lakes really costs beyond the mortgage
Lennar and the Lakewood Ranch Stewardship District do not publish one clear number for the HOA plus district assessment by home type. Two local buyer’s agent guides, read September 28, 2026, report figures from the builder’s own release sheets. They roughly agree with each other, so read them as a range, not a quote for your specific address.
| Cost | Reported amount | Source |
|---|---|---|
| HOA dues, general range | $300 to $400 a month, billed quarterly | Move to Lakewood Ranch Florida, updated September 25, 2026 |
| HOA dues, builder example | $375 a month | Theresa DiNapoli, checked September 28, 2026 |
| Stewardship District assessment, Executive Homes | $1,750 a year | Theresa DiNapoli, checked September 28, 2026 |
| Stewardship District assessment, Manor Homes | $2,000 a year | Theresa DiNapoli, checked September 28, 2026 |
| Clubhouse food and beverage minimum | About $500 a year, mandatory | Move to Lakewood Ranch Florida, updated September 25, 2026 |
The Stewardship District itself is a public special district, not a Lennar fee. It funds community parks, trails, lakes and stormwater ponds, road enhancements, and conservation land across Lakewood Ranch, and the assessment is billed on the property tax bill (Lakewood Ranch, checked September 28, 2026). Neither the HOA nor the district publishes a single figure that applies to every home and phase, so these numbers vary. Janelle pulls the exact current HOA, district, and any food and beverage minimum for a specific address before you write an offer.
Amenities and everyday life
Lorraine Lakes is built around a large resort style clubhouse with a pool, a tiki bar, a fitness center, and pickleball and tennis courts, with an active social calendar for residents of all ages. The HOA dues cover lawn care and irrigation, cable and internet, pest control, gated security, and access to the clubhouse and pools; the separate food and beverage minimum applies to the clubhouse dining and bar.
The community sits within Lakewood Ranch’s school options and is a short drive to Lakewood Ranch Main Street for shopping and dining, and to the Sarasota Polo Club grounds.
Who builds in Lorraine Lakes
Lennar builds Lorraine Lakes, offering Villa, Manor, Executive, and Estate home collections with its Everything’s Included package, which bundles many upgrades into the listed price rather than charging for them separately (Lennar, checked September 28, 2026). Lennar continued to release new home plans in the community as of this check. If you want to see the builder’s current quick move-in list and incentives, or you are comparing a new Lennar home with one of the resales above, tell Janelle before you visit the sales office so she can register you as your own buyer’s agent.
Lorraine Lakes FAQ
Is Lorraine Lakes gated?
Yes. Lorraine Lakes is a gated community in Lakewood Ranch.
What are the HOA fees in Lorraine Lakes?
Public guides checked September 28, 2026 report $300 to $400 a month, billed quarterly, with a builder example of $375 a month. Confirm the exact current dues for a specific address with Janelle.
Is there a CDD fee in Lorraine Lakes?
Lorraine Lakes falls under the Lakewood Ranch Stewardship District rather than a standard CDD. Reported assessments are $1,750 a year for Executive Homes and $2,000 a year for Manor Homes, billed on the property tax bill.
Who builds homes in Lorraine Lakes?
Lennar builds Lorraine Lakes and continues to release new home plans there.
What does a home in Lorraine Lakes cost right now?
On September 28, 2026, 51 homes were listed from $315,900 to $1,100,000, with a median list price of $589,000. See the current listings on the community page for today’s numbers.
Deciding between a new Lennar home, a quick move-in, or a resale, or comparing Lakewood Ranch with a coastal Sarasota neighborhood? Read New Build or Resale, Coast or Inland: How to Choose a Sarasota Home.
Get new listings first
Tell Janelle what you are looking for in Lorraine Lakes and she will send new and coming-soon homes as soon as they appear.
Information deemed reliable but not guaranteed. Janelle Mertins is a licensed real estate agent with Compass.
