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Sierra Ranches, Lennar’s finest collection in Davie, will open to the public on Sunday, March 22! With only 79 homesites starting from $1.1 million, Sierra Ranches will be a highly exclusive community of ranch-style estates, offering a captivating, small town feel close to abundant dining options, entertainment, and top-rated schools in one of Florida’s up-and-coming cities. Mark your calendars and come discover your brand-new, never-before-used home at Sierra Ranches, where your family will have ample room to flourish.
Rich with indulgence, life in this serene enclave will be unsurpassed. Imagine: views of family bike rides and majestic horses, just outside the community walls; a gated entrance for enhanced privacy; and sumptuous homes with vast green landscapes. Family-friendly and modern, Sierra Ranches will also offer:
Down to the pristine cabinets and flooring, every Sierra Ranches home will be meticulously designed to embrace a newfound sophistication. A choice of five open-concept floorplans will ensure the space you choose meets even your most particular preferences. Interior living areas, ranging from free flowing to more dedicated spaces, enable you to entertain guests extravagantly, while still offering little nooks to decompress. At the heart of the home is a gourmet-style kitchen, with energy-efficient stainless steel appliances and ample countertops, to inspire all kinds of culinary creations. Courtesy of Lennar’s Everything’s Included® package, you will also have the option to customize your home with the latest finishes and features, eliminating the need for any post move-in installations.
Delivering a seamless lifestyle, Wi-Fi CERTIFIED™ Home Designs will be built into every home for exceptional connectivity and convenience, indoors and out. This will be especially useful when you have a home office, entertainment areas – such as a game room, private home theater, or loft – and an immense backyard. Whether you’re working from home to wrap up a project, watching a movie in surround sound, or gently rocking away on a hammock to the lovely Florida breeze, control is at your fingertips. Adjust the thermostat, locks, lights, and more – all at the touch of a button!
With homesites offering more than 20,000 square feet, every outdoor experience will be elevated beyond compare. Stepping into your covered terrace, a park-like setting lends itself to peaceful meditation sessions in the mornings and lively backyard soirees in the evenings. Pair this with an optional summer kitchen and second covered terrace – available in some floorplans – and you’ll be fully equipped to prepare refreshing cocktails for an unforgettable night under the stars.
As dynamic as your Sierra Ranches home, the surrounding Davie area will boast endless excitement for you and your family, as well as easy day-to-day commutes. Thriving businesses and cultural centers will offer plenty of investment opportunities, while access to top schools, such as Somerset Academy Middle School and Florida Atlantic University, means kids of all ages can benefit from a great education. During the weekends, your family can enjoy world-class shopping malls, botanical gardens, museums, and year-round attractions, like the Bergeron Rodeo Grounds.
Join us at our Grand Opening, on Sunday, March 22nd, to discover this premier community of luxury homes. With the help of our New Home Consultants, you could be one of the select few to choose your preferred homesite and secure your new dream home. We look forward to seeing you!
Lennar is excited to announce the Grand Opening of two new communities at the Gabion Ranch masterplan in Fontana will take place on Saturday, March 14. Home shoppers are invited to attend to enjoy The Habit food truck from 11 a.m. to 2 p.m., plus complimentary refreshments, sweet treats and the first opportunity to tour the professionally-decorated model homes from 10 a.m. to 4 p.m.
“We are so excited to unveil the beautiful model homes at Skyview and Woodridge here at Gabion Ranch during the Grand Opening,” said Tara Conklin, Vice President of Sales and Marketing for Lennar Inland. “This is such a great masterplan no matter what stage of life you’re in, and we’re thrilled to bring two new collections of attached condominiums to Gabion Ranch.”
Skyview at Gabion Ranch offers a collection of contemporary condominiums with four distinctive floorplans to choose from. Home sizes range from approximately 1,399 to 1,720 square feet of living space with three to four bedrooms, two and one-half bathrooms and two-bay garage.
Woodridge at Gabion Ranch presents another collection of attached condominiums, available in five distinctive floorplans. The townhomes range in size from approximately 849 to 1,826 square feet with one to three bedrooms, one and one-half to three bathrooms and one to two-bay garages.
Every home at Gabion Ranch showcases Lennar’ signature Everything’s Included® program along with the world’s first Wi-Fi CERTIFIED™ home designs. Homebuyers will enjoy added value through popular features and upgrades that come at no additional cost, including granite kitchen countertops, stainless steel appliances, integrated home automation and more as standard.
With multiple future recreation centers, plenty of entertainment options will be situated within walking distance from all the new home neighborhoods. These include brand-new clubhouses, event spaces, sparkling swimming pools, sports courts, plenty of parks, playgrounds, a dog park and more. So, you can enjoy easy access to everything needed to maintain a social, active and relaxing lifestyle.
The Grand Opening will take place at the Skyview and Woodridge Welcome Home Centers, located at 16502 Casa Grande Avenue in Fontana. For more information visit www.lennar.com/inlandempire or call (888) 203-9186.
About Lennar Corporation
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. The Company builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title and closing services primarily for buyers of the Company’s homes and, through Rialto Mortgage Finance, originates mortgage loans secured primarily by commercial real estate properties throughout the United States. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Lennar Ventures drives Lennar Corporation’s technology and innovation strategies. For more information about Lennar, please visit www.lennar.com.
Sometime between setting your New Year’s resolutions and getting yourself all worked up for spring cleaning, you ran out of steam. In fact, you quit running altogether—or jogging or bicycling or exercising or dieting or, well, keeping up with your New Year’s resolutions.
Join the crowd. According to a social-fitness network that—let’s face it—tracks fit people, 80% of us who make those beginning-of-the-year promises quit by mid-January. We drop our vows to exercise more, practice better financial disciple or do better at work or school.
Still, Dallas apparently scores pretty well in the broken-promises department. Of 150 of the most populous cities among 182 U.S. municipalities surveyed in 2018, Dallas ranked 36th for keeping our relationship resolutions and remained within the top 100 cities in keeping up our health (we ranked 99th there). As for financial resolutions, not so much: 103.
Keeping in mind that spring and summer are the best seasons for homebuyers, perhaps now’s the time for a resolution or two about your finances, while checking out Lennar’s new homes for sale in Dallas, TX. Several red-hot new communities just opened for sale, including Fireside Park, with new homes for sale in Denton, TX, and Prairie Creek in Dallas.
Among several tips here to help you keep your resolutions—or, at least, keep them longer—how about recruiting a motivating compatriot? A friend calls that person an “accountabili-buddy,” and you two can help each other:
Set reasonable aims. Goals often implode when we realize we can’t possibly meet them.
Plan for speed bumps. Can’t make a workout one day or perhaps you busted your budget (or belly) on one of DFW’s dynamic eateries? Oh, well. Forgive yourself.
Make a commitment. That is, don’t make a resolution. Instead, make a, let’s call it, “determination.” In other words, determine where you want to be with your wallet, weight or whereabouts at a reasonable time and with reasonable expectations.
Finally, here’s a “resolution” that could be easier to keep, lots broader and even more fun:
Make more of the Metroplex. Soak up Dallas’s 20,000-plus acres of parks. Visit the Nasher Sculpture Center, within 32 miles of two Lennar communities with new homes for sale in Forney, TX, at Overland Grove and at Verandah, opening soon with new homes for sale in Royse City, TX. Take in the Dallas Black Dance Theatre, just 36 miles from Preserve at Honey Creek, coming soon with new homes for sale in McKinney, TX.
Everything’s Included® in Lennar’s new homes, and that includes keeping our resolutions to help homebuyers realize their goals and dreams. To learn more, contact Lennar’s Dallas-Fort Worth Internet New Home team at (866) 314-4477 and visit our website
Lennar is thrilled to announce the Grand Opening of La Maison II at Diamond Creek. Prospective home shoppers are invited to come out today, Saturday, February 29 to enjoy complimentary food, fun festivities and the first opportunity to tour the professionally-decorated model homes from 11 a.m. to 3 p.m.
“We can’t wait to unveil these beautiful model homes and are thrilled to offer more of these popular plans in a new location at La Maison II,” said Michelle Velky, Vice President of Sales and Marketing for Lennar Sacramento. “Priced starting from the low $400,000s, it’s an ideal opportunity for first-time homebuyers, empty-nesters or those looking to upgrade into a brand-new home in a prime location such as Diamond Creek.”
La Maison II offers three distinctive floorplans to choose from that range in size from approximately 1,438 to 2,185 square feet of living space with three to four bedrooms, three bathrooms and two-bay garages. With each design available in a variety of elevation styles, the homes boast unique architecture, low maintenance yards and come complete with Everything’s Included® features at no additional cost.
Style, technology and value comes outfitted in each home at La Maison II thanks to Lennar’s signature Everything’s Included® program. Items such as stainless steel appliances, solar, granite or quartz kitchen countertops, home automation, Wi-Fi CERTIFIED® designs for whole-home coverage and more come included as standard.
La Maison II offers a convenient location in Roseville. Situated adjacent to a park and the upscale wine bar and restaurant La Provence, homeowners can walk to have dinner or spend time outdoors. It’s also located with easy and convenient access to major freeways, dining options, entertainment, next to Rocklin and several shopping and retail centers.
The event will take place today at the Welcome Home Center located at 1596 Parkside Way in Roseville. To learn more visit www.lennar.com/sacramento or call (916) 304-9711 to speak with an Internet Sales Consultant today.
About Lennar Corporation
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. The Company builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title and closing services primarily for buyers of the Company’s homes and, through Rialto Mortgage Finance, originates mortgage loans secured primarily by commercial real estate properties throughout the United States. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Lennar Ventures drives Lennar Corporation’s technology and innovation strategies. For more information about Lennar, please visit www.lennar.com.
Lennar, the nation’s leading homebuilder, announces the grand opening of Republic Meadows in San Antonio’s popular Brooks City Base area. Home shoppers will have the choice of nine different floorplans to choose from at a variety of price points providing ample options to meet the needs of families at every stage of life.
“Lennar at Republic Meadows will provide families an affordable new home option. Rather than having to rent or purchase a used home, they will have the opportunity to own new,” said Brian Barron, Division President of Lennar San Antonio. “New homeowners should expect a lavish living experience at a low cost.”
Ranging in size from 466 to 1,950 square feet of thoughtfully designed living space, the homes at Republic Meadows offer one to four bedrooms and one to two-and-a-half baths. Prices start from the $130,000s.
Republic Meadows will offer homeowners Lennar’s signature Everything’s Included® program that provides upgraded features at no extra cost; including granite countertops, luxury hard surface flooring, and a full stainless-steel appliance package.
Republic Meadows is located in Southeast San Antonio only four miles away from Brooks City Base and offers easy access to Loop 410 and Interstate 37. City Base’s new East and West shopping centers are in close proximity; offering fine dining experiences, shopping, major grocery stores, and popular entertainment for the entire family! Republic Meadow’s convenient location is a short drive from downtown and less than 20 minutes from the airport.
For more information about Republic Meadows, please visit www.lennar.com/sanantonio or call 210-393-8095.
About Lennar
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar’s homes and, through Lennar Mortgage Finance, originates mortgage loans secured primarily by commercial real estate properties throughout the United States. For more information about Lennar, please visit www.lennar.com.
Lennar’s masterplan community, located at 7th standard and Calloway, continues to grow and develop daily. With Train Park receiving its finishing touches, family events planned for the entire calendar year and with a new park in the conceptual phase, Gossamer Grove is growing more everyday.
“Gossamer Grove is such a great place for families to live thanks to its amenities, great location and of course the beautiful home designs,” said Susan Wilke, Vice President of Sales and Marketing for Lennar Central Valley. “Through our close-knit neighborhoods and annual events, Gossamer Grove offers the promise of a true sense of community for those who purchase a new home here.”
Train Park recently opened to residents and offers 2.5 acres of space complete with a playground that features train-inspired play equipment. Located just east of Flight Park, situated in the Summer Series neighborhood, it also includes shade structures, pavilions and open space.
Coming soon to the community will be Farm Park. Playing homage to the area’s strong agricultural roots, it will include a row crop area, walking trails, a dog park for both large and small breeds and fun farm-themed play equipment. Click here to see the conceptuals and a look at some of the equipment planned for this new park.
Flight Park, which is open and the community’s first park, also provides amenities that include a basketball court, picnic areas and grassy areas for families to enjoy. For a list of this years events at Gossamer Grove visit the Gossamer Grove Facebook page and mark your calendars.
Lennar offers four collections of new home designs at Gossamer Grove, including the the Chateau Series, the California Series, the Skye Series and the Summer Series which are now selling. Every new home comes complete with their Everything’s Included® program, which provides upgrades and features such as stainless-steel appliances, granite or quartz countertops, integrated home automation and more at no additional cost. Lennar’s Next Gen® – The Home Within A Home® design for multigenerational living is available in the Skye Series, Chateau Series and the California Series at Gossamer Grove.
All Welcome Home Centers are open seven days a week. Don’t miss your chance to live at Gossamer Grove, call today to schedule your visit at 661-360-1217 or visit www.lennar.com/gossamergrove.
About Lennar Corporation
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. The Company builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title and closing services primarily for buyers of the Company’s homes and, through Rialto Mortgage Finance, originates mortgage loans secured primarily by commercial real estate properties throughout the United States. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Lennar Ventures drives Lennar Corporation’s technology and innovation strategies. For more information about Lennar, please visit www.lennar.com.
This article is based on research by the author, who is not a financial, tax, or legal professional. This article does not reflect the views of Lennar Corporation or its affiliates. It is not intended to provide any financial or legal advice, and you should consult your own financial or legal advisor or a loan professional for more information about loans generally or your down payment assistance plan specifically.
Loans and down payment options vary. Contact a loan professional for more information and assistance regarding your loan options and the unique facts and circumstances surrounding your own financial situation.
Do I need to make a 20% down payment on a new home?
The short answer is no. The rule of 20% down is a myth. Then, why does everyone make such a big deal about it? Putting 20% down on a new home can reap certain benefits, which this article goes on to explain in the next paragraph. However, you could still buy your dream home with a smaller down payment, and we will look at the loan options and finance items that support this.
What are the benefits of putting 20% down on a new home?
By definition, a down payment is an upfront payment you make to purchase a home, and it is a percentage of the home’s purchase price. When considering your mortgage, a larger down payment means you borrow less money. Less money owed is less debt you need to worry over, and we can all appreciate that. Your down payment also shows a lender how much or less of a risk you are as a borrower. The lender assesses their lending risk by calculating the loan-to-value (LTV) ratio, and a bigger down payment can lower that number. A lower LTV ratio may then lower the interest rate on your mortgage, saving you money. Taking out a small loan with low interest can mean owing less on your monthly mortgage payments, and what you save can be applied to other expenses.
If you cannot afford to put 20% down on a new home, the lender could still approve your loan; however, they will likely charge you additional monthly fees for private mortgage insurance (PMI). PMI protects the lender if you stop making payments on your mortgage. Typically, you continue paying this fee until you accrue 20% equity in your property. Equity is another term for unencumbered ownership.
Side note: The impact your income, monthly debt, and down payment can have on your mortgage amount can be better understood with the use of an online home affordability calculator. Lennar has such a calculator, and because home affordability can vary by location, you can focus your search to a Lennar community for estimates on additional items like interest rates, tax rates, and cost of home insurance.
Knowing all this, it can be understood why the rule of 20% is often advised. If you can make a down payment of 20% or more, and be financially stable, the benefits are certainly reason enough to do it. But let’s take a step back now and consider why a large down payment may not be necessary or even right for you.
What is your financial situation?
If you have a fair amount of money saved up in your bank, but your annual income is relatively low, it might be better to make a large down payment so as to lower your monthly mortgage payments. If, on the other hand, you have very little savings, but a decent income, you could make a small down payment, and pay additional principal each month to reduce your loan balance and build equity faster. The issue then comes down to debt. Lenders look at your debt-to-income (DTI) ratio to decide if you even qualify for a loan. Typically, a ratio of 36% or less is ideal, but some loan options will accept higher. Consider this, though: if you have a DTI ratio of 50%, that means half of your monthly income will go towards your total monthly debt, including your mortgage and other housing expenses. If this is the case, you might consider paying off as much of your debt as you can before you apply for a loan. This way at least, if you want to make a bigger down payment, you can comfortably do so, knowing you eliminated some liabilities.
What are your (most common) loan options?
The rule of 20% down originated from the guidelines set forth by Fannie Mae and Freddie Mac, government-sponsored enterprises (GSE) that guarantee most U.S. mortgages. These GSEs buy mortgages – Fannie Mae buys them from commercial banks like Chase and Wells Fargo, while Freddie Mac buys them from smaller “thrift” banks – and then sell them to investors. To provide a guarantee, Fannie and Freddie require banks to follow certain rules and guidelines, one of which is a borrower must make a down payment of at least 20% or pay PMI.
There is a fairly new loan option guaranteed by Fannie Mae which we will highlight towards the end, but it is important for you to know that, when you shop for a loan, you have options. What follows here is a brief summary of each of those most common options, and you should consult your loan officer (or lending professional) for more information about these (and possibly other) loan options and which one is best suited for you.
Conventional loans are neither insured nor guaranteed by the government but are instead backed by private lenders. There are two types of conventional loans: (1) conforming loans, which conform to the guidelines set by Fannie and Freddie, and as such can be bought by the GSEs, and (2) nonconforming loans, which exceed the conforming loan limit, and are better known as jumbo loans. Jumbo loans finance the purchase of luxury homes and properties; so, unless you need a loan that exceeds the limits set by the Federal Housing Finance Agency – and in 2020, that amount is over $510,400, this is not a loan option you need to consider. Still, because we list these details for the subsequently mentioned loan options, we will put them here too: If a borrower qualifies for a jumbo loan, they can make a down payment as little as 10%. They must have a credit score of 700 or higher, a very low DTI ratio, and a reliable source of income – that last item is important if a borrower is going to pay off the extra closing fees and higher interest rate attached to this loan option.
Federal Housing Administration (FHA) loans are designed for borrowers with low-to-moderate incomes and lower credit scores. A credit score of 580 may qualify you to make a down payment of 3.5%, while a score as low as 500 requires 10% down. There is a matter of insurance with FHA loans: for the FHA to guarantee the loan, you (the borrower) must pay an upfront mortgage insurance premium (MIP) – or it can be rolled into your loan amount, and an annual MIP which is divided into your monthly payments. FHA mortgage insurance will last for 11 years or the life of the loan, depending on your down payment. If you put 10% or more down, it is 11 years; anything less is the life of the loan. The only way to get rid of FHA mortgage insurance is to refinance the mortgage into a non-FHA loan.
VA loans are available for active military members, veterans, and eligible surviving spouses through a mortgage program launched by the United States Department of Veterans Affairs. This loan option does not require a down payment or mortgage insurance. Interest rates are determined by participating lenders; however, VA loans typically have better rates than conventional loans. There is a funding fee, and it is a one-time upfront charge between 1.4% and 3.6% of the loan amount, depending on the down payment and whether a borrower has used the VA loan benefit before. Lenders can set different standards of eligibility regarding a person’s credit score and level of debt, but often they want to know a borrower will have enough residual income left over each month to pay for family expenses. Other eligibility rules vary between loan applicants. Servicepersons are eligible after 90 days of active service during wartime or 181 days of active service during peacetime. For veterans, a minimum term of qualifying active-duty service must be completed, with some exceptions. Spouses of military persons will have to consult a VA-approved lender if the serviceperson is active, deceased, or MIA.
USDA loans are backed by the U.S. Department of Agriculture. This may be the best loan option for anyone who wants to live in rural or suburban surroundings. If eligible, a borrower can get 100% financing from this loan, so a down payment is not needed. USDA loans come with mandatory mortgage insurance split into two parts: The first (i.e., the Guarantee Fee) is an upfront charge you pay at closing, and the second is an annual fee split amongst your monthly mortgage payments, and you pay the second for the life of the loan. The only way to be rid of these insurance fees is to refinance to another loan option.
In December 2015, the HomeReady™ mortgage program was created. Guaranteed by Fannie Mae, HomeReady™ loans accept a 3% down payment, lower credit scores (a minimum of 620), and a 50% DTI ratio. PMI is still in place till a borrower has 20% equity in the property. Higher interest rates usually apply to HomeReady loans, and there are often borrower income limits based on the area median income where the home is located. This is the only loan option that requires a borrower to complete homeownership education courses for loan eligibility.
Finally, a piggyback loan is a second loan that “piggybacks” a conventional loan to help finance a home purchase without a borrower having to make a full 20% down payment. Also known as a combo loan, this particular loan usually requires a borrower to put 10% down – some lenders will accept as little as 5% – and the loan covers the difference to make the 20% deposit, while the primary (conventional) loan finances 80% of the home’s purchase price. Most piggyback loans come with a higher interest rate, but there is no PMI, since you have 20% down with this second loan.
Can you apply for down payment assistance?
Down payment assistance can vary by location, so be sure to research your options and discuss its availability with your loan professional. This is a program often limited to first-time homebuyers, and it can be funded by federal, state, county, city, or nonprofit agencies. If you qualify for assistance, you will be awarded a set amount of money to cover your down payment or closing costs. The money can be given to you in the form of a grant, an interest-free loan, or a debt. Often, a loan or debt will have to be repaid if and when you sell the home or you finish paying off the mortgage.
In conclusion…
The idea that you need to make a 20% down payment to buy a new home is a myth. There are benefits to making a 20% deposit, but if you are unable to afford it, there are loan options and down payment assistance programs that could make your dream of homeownership a reality. If you would like to learn more, Lennar’s affiliated mortgage company, Eagle Home Mortgage, and its loan officers can answer your questions. Eagle provides the most appropriate loan options to suit your needs, and they offer a unique down payment assistance program for not only first-time buyers, but move-up buyers as well.
Additional Sources
Step by Step Guide: Types of Home Loans from The Mortgage Reports
Down Payments: How They Work, How Much to Pay by Justin Pritchard (January 2020)
On Conventional Loans…
What is a Conventional Loan? by Ben Luthi (September 2019)
Conventional Loan Requirements and Guidelines for 2020 by Beth Buczynski (January 2020)
On FHA Loans…
FHA Loans: Everything you need to know in 2020 by Deborah Kearns (January 2020)
On VA Loans…
VA Loans: What to Know by Hal M. Bundrick (December 2019)
VA Loans vs. Conventional Loans by Hal M. Bundrick (December 2019)
VA Loan Requirements for 2020 by Hal M. Bundrick (December 2019)
VA Loan Funding Fee by Hal M. Bundrick (December 2020)
On USDA Loans…
What is a USDA Loan? Am I Eligible for One? by Hal M. Bundrick (January 2018)
USDA Home Loans | Zero-Down Eligibility & Qualification by Tim Lucas (January 2018)
On HomeReady Loans…
What is a HomeReady Mortgage? by Chris Moon (May 2019)
On Piggyback Loans…
Piggyback 80 10 10 Loans Will Save You Money in 2020 by Tim Lucas (January 2017)
On Down Payment Assistance…
Down Payment Assistance: How to Get Help Buying a House by Barbara Marquand (September 2019)
What You Should Know About Down Payment Assistance by Rebecca Lake (August 2018)
DISCLOSURE:
Eagle Home Mortgage is an affiliate of Lennar Corporation. See Affiliated Business Arrangement Disclosure. Use of Eagle Home Mortgage is not required to purchase a home from Lennar.
This is not an offer in states where prior registration is required. Void where prohibited by law. Copyright © 2020 Lennar Corporation. Lennar, the Lennar logo, Eagle Home and the Eagle logo are U.S. registered service marks or service marks of Lennar Corporation and/or its subsidiaries. NMLS #1058. Date 02/2020. NMLS #1058
Lennar is coming soon to the popular Riverside community in Carolina Park. Riverside, set inside in Mount Pleasant, promises miles of quiet, private roads that are accentuated with beautiful, generously-sized homesites and inviting yards. Life here is meant to be lived fully.
Riverside dwellings are reminiscent of a Charleston resort — exclusive, opulent, and amenities aplenty. Lennar homes will be custom built from a handful of unique new floorpans with Riverside’s luxe lifestyle in mind. Expect your home to be spacious, open, bright, and airy, and with no detail overlooked — from high-end finishes and appointments to top-of-the-line appliances and immaculate landscaping.
Riverside dwellers will immediately fall in love with their ability to spend time with friends and neighbors in a spacious, vibrant community with open outdoor expanses, old-growth trees, and countless spots to gather.
Homeowners enjoy access to The Residents Club – complete with a pool, tennis courts, dog parks, and an outdoor pavilion. As the community grows, so will its amenities, as plans for an exclusive community pool overlooking Bolden Lake come to fruition. In the meantime, a community dock and kayak launch are the best ways to splash around Riverside.
Though not required, a love of the outdoors and Charleston’s waterways makes life at Riverside that much more enjoyable. Homeowners may explore the neighborhood’s two acres of green space, countless pathways, and walking and nature trails just waiting to be discovered.
Set in the heart of Mount Pleasant, Lennar has announced two new model homes in the beautiful master community of Carolina Park — the Rutledge and the Stono.
Carolina Park feels much like a serene retreat. The luxurious community offers its residents a pool with an outdoor pavilion, a dog park, miles of walking trails, tennis courts, and a sprawling lawn for outdoor gatherings. Young and growing families alike appreciate the opportunity to walk to school, and will soon rejoice in a forthcoming, second pool. The Mount Pleasant Public Library and a wonderful daycare center are at the edge of the community. Residents of this golf cart-friendly community are often spotted riding to Wando High School football games, restaurants, and shopping nearby. For longer and bigger hauls to the new Costco or Lowe’s, you’re mere minutes away by car.
If this sounds like the lifestyle you desire, Lennar’s Carolina Park luxurious homes start in the low $400s and range through the $600s.
The new Rutledge home plan is a beautiful home, in the style of Charleston’s traditional architecture. Downstairs, its modern, open floor plan promises plenty of room to entertain. The kitchen begs for dinner and birthday parties, with a center island, stainless steel appliances, painted cabinets, and granite countertops with a subway tile backsplash. A large master bedroom and on suite on the first floor. Upstairs you’ll find a 3 spacious bedrooms and large open loft. This home has 2.5 baths and a 2 car garage.
From the moment you spot the new Stono, you’ll feel at home. With a porch both at its entrance, and off the upstairs hallway –instantly, you’ll have a perch for weekend and evening lounging. At nearly 2,500 square feet, the house has three bedrooms and two and a half baths. The soaring family room and kitchen are in a shared open space, with the master bed and bath downstairs. Other unique features include a formal dining room and optional study.
Lennar’s Everything’s Included package means that upon move in, your family will have all it needs to quite literally get cooking, and comfortably settle in without additional costs for appliances, fixtures, and features. Call or chat now to schedule a tour (843) 514-8295.
