Pulte Homes recently closed on 43.6 acres near Lake Brantley and Longwood in Seminole County and plans to have luxury homes ready for sale there by the fall of this year.
The Atlanta-based homebuilder paid $10.5 million for the property at 1931 W. Brantley Road, according to a deed signed May 17 and recorded May 23. The seller was Klinger Enterprises Partnership LLC, an affiliate of Brantley Nurseries.
The "Retreat at Lake Brantley" will have gated access and a boat ramp for residents to access Lake Brantley. The community will consist of 94 lots, most measuring 70 feet in width, with some 90-foot-wide lots on the community's exterior.
Ranch home floor plans will start at 2,500 square feet, with larger estate homes up to 5,000 square feet. The community will also feature three private lakefront home sites. Prices will start in the low $400,000s, said Clint Ball, vice president for Pulte's North Florida Division.
"We are very excited about this upcoming community, as it will stand alone within the Longwood area of Seminole County in what it offers future residents looking for new construction," Ball told GrowthSpotter via e-mail.
He said the Lake Brantley area features some of the best schools in Central Florida and benefits from accessibility to major road networks and key job corridors.
"Future residents will be within walking distance to A-rated Seminole County schools," Ball said. "Our product will appeal to those local residents looking to downsize, or for growing families that need more space."
GrowthSpotter reported in January that Pulte had received preliminary subdivision approval two months earlier from the county for the then-unnamed development. At that time, a sales contract had not been signed with the Klinger family, which owned the property for several generations and operated Brantley Nurseries there.
Ball said in January that Pulte expected to invest $15 million in the project, including land development. Madden, Moorhead & Stokes of Maitland is civil engineer on the project.
At one time, K. Hovnanian Cambridge Homes intended to build more than 170 homes on the Klinger Property, or four homes per acre. But the Orlando Sentinel reported in December 2015 that neighbors feared the high-density development would overload Lake Brantley Road with traffic, and pose an environmental threat to Lake Brantley and nearby Wekiwa Springs State Park.
K. Hovnanian Homes later downsized its proposal to 93 lots, but then dropped the project in April 2016.