The Neighborhood Report – Stoneybrook in Palmer Ranch

The villas in Stoneybrook offer a unique lifestyle surrounded by lush landscaping.

The villas in Stoneybrook offer a unique lifestyle surrounded by lush landscaping.

Palmer Ranch is brimming with beautiful neighborhoods and lifestyle options offering the best in country club living and resort-style amenities. Designed around a gorgeous 18-hole golf course, Stoneybrook Golf & Country Club is a gated community of over 850 single-family homes, attached villas and maintenance-free condominiums enveloped by well-manicured landscaping and grounds.

As specialists in Palmer Ranch properties, the agents of our Palmer Ranch office provide the most in-depth market experience in the area. Palmer Ranch office manager Darla Furst keeps a close watch on the market throughout Sarasota, where she notices strong activity in the Stoneybrook community, which currently has 56 active listings. Of these available properties, 10 are single-family homes and the rest are balanced between condominiums and villas.

Stoneybrook – A Closer Look

The market has been quite active in Stoneybrook, with 21 closed sales in the last six months—five of those in just the last 30 days. Prices range from $169,000 to the mid-$300s for condominiums and villas. Single-family homes range from the mid-$200,000s to the high $400,000s.

Palmer Ranch agent Janet Montgomery just closed on a sale in Stoneybrook last week. A condominium in the Stoneybrook Golf & Country Club section, the property was listed by Janet at $250,000 and sold for $228,000. Interesting to the transaction is that the buyer was a doctor from out-of-town, and the sale involved a 1031 exchange. The appeal to the buyer was that this was obviously an investment property purchase with a tenant already in place.

The Bottom Line – Stoneybrook

Stoneybrook is known as a good investment opportunity in the Palmer Ranch area. It is an area of many “snowbird” renters, who seem to return to Stoneybrook year after year. The attraction is that the community offers a great social program with numerous and varied activities for any lifestyle, plus a fitness center and four Har-Tru tennis courts. Recently, the clubhouse has been beautifully remodeled and hosts one of the best Sunday brunches in the area. Stoneybrook is also known as one of the best values in golfing communities in Sarasota, with low green fees and a membership of only $2,700.

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