[2025 Update] MONTEREY | Toll Brothers Lakewood Ranch FL New Homes

Welcome back to the Florida Relocation Guide! I’m Adam Hancock and in today’s blog, we’re diving deep into Monterey by Toll Brothers, a brand-new community in the southeastern area of Lakewood Ranch, Florida.

What sets Monterey apart? Let’s break down everything you need to know about its geography, homes, and amenities in January 2025.

Geography: A Unique Location in Lakewood Ranch

Monterey’s location is both a strength and a challenge. It’s situated in southeastern Lakewood Ranch, an area that may feel remote to some. On the map, Monterey is positioned away from the central Lakewood Ranch communities and doesn’t fit neatly into the Sarasota metro area, either.

While the geography might initially feel “out there,” its proximity to key locations is impressive:

• Waterside Place: 7.8 miles (approximately 10 minutes)
• Fruitville Commons: 7.6 miles
• Downtown Lakewood Ranch: 9.9 miles

Monterey also offers relatively easy access to downtown Sarasota, just 12.8 miles away, and the beaches, making it more connected than it might seem at first glance.

The area surrounding Monterey is evolving rapidly. Future developments, like the planned Three H Ranch community, will add thousands of homes and amenities, transforming this part of central/upper Sarasota into a bustling hub. This foresight makes Monterey a compelling option for those willing to bet on the area’s growth.

Homes: Luxury Meets Flexibility

Toll Brothers has long been known for their sophisticated, semi-custom homes, and Monterey is no exception. The community features two home collections:

1. Mid-Size Homes: Ranging from 2,500 to 3,500 square feet.
2. Larger Homes: Ranging from 3,200 to over 5,000 square feet.

What Makes Toll Brothers Stand Out?

• Flexible Floor Plans: Toll Brothers allows customization, such as adding a second floor to certain models, offering homeowners the flexibility to adapt their homes to their needs.
• Lot Variety: Unlike many builders, Toll Brothers offers varied lot sizes, some as large as 96+ by 150 feet, providing more space and privacy.
• Sophisticated Design: From elegant garage doors to high-end appliances, every detail is carefully considered to offer a touch of class without the burden of a fully custom build.

Pricing and Incentives

• Base prices start in the $700,000s for smaller homes and exceed $950,000 for larger models.
• On average, buyers should expect to add 20–25% to the base price for lot premiums and upgrades.
• Current incentives (as of January 2025) include:
• $15,000 toward closing costs with Toll Brothers Mortgage.
• $50,000 off the first $80,000 spent at the design center, allowing significant upgrades to be covered.

With 113 homes in Phase 1 and 54 already sold, Monterey is attracting buyers looking for high-end construction in a growing area.

Amenities: A Peaceful Escape

Monterey’s amenities are designed to complement its serene location. While not as extensive as some larger communities, they provide everything you need for a comfortable lifestyle:

• Clubhouse and Fitness Center
• Resort-Style Pool
• Pickleball and Tennis Courts
• Walking Trails and Nature-Centric Features



The emphasis here is on tranquility and natural beauty, with rear lots offering scenic pond views and open spaces for a peaceful, private experience.

Why Consider Monterey by Toll Brothers?

Monterey offers a rare combination of luxury homes, flexibility, and future potential. Its slightly remote feel today could turn into a major advantage as the surrounding area develops. If you’re looking for a high-end home in a serene setting with easy access to Lakewood Ranch and Sarasota’s best amenities, Monterey might be the perfect fit.

What’s Next?

If you’re intrigued by Monterey or want to explore other communities, don’t hesitate to reach out. I specialize in Southwest Florida real estate and would love to help you navigate the options.

Also, don’t forget to sign up for my 30-day email report for bite-sized updates on the local real estate market, new construction releases, and insider tips. You can find more free resources, including relocation guides, at The Sunshine State Co.. Thank you for reading, and I’ll see you next time for more insights into Florida real estate!

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