Lake City market spotlight: The Preserve at Laurel Lake

October 16, 2016

If you haven't taken a look at The Preserve at Laurel Lake, you are missing out. It is one of Lake City's leading new home developments and offers homes for sale ranging from $259,900 to $389,900, with a current average list price of $296,900. Lot sizes are at least a quarter acre and can be combined to create larger lots. The amenities in this community are outstanding and include a community pool, clubhouse with kitchen, patio, grill area, fire pit and playground, as well as tennis courts, basketball courts, walking trails and stunning landscaping.

Lake City's premier lifestyle community, The Preserve at Laurel Lake is located only 10 minutes south of the intersection of I-75 and I-10, allowing for a convenient commute to Jacksonville, Gainesville and Valdosta, with easy access to shopping, dining and entertainment.

There are currently five homes on the market in The Preserve at Laurel Lake, representing five months of inventory. This is fairly representative of Lake City and Columbia County as a whole, which both have 6.2 months of inventory available.

While there has been little fluctuation in the average price per square foot of homes, the most noticeable change has been a drop in the average sales price in the past three months. Overall though, the market here is balanced and steady.

Lake City offers a small town feel and friendly community with big town conveniences in a beautifully natural setting. Furthermore, Columbia County is growing as a nature tourism destination with the Suwanee River, Itchetucknee Springs, and several lakes and streams that are perfect for outdoor recreation.

Don’t miss out on all this beautiful neighborhood has to offer!

 

 

 

 

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