The Villages continues gobbling up home sites on the Historic Side.
The Villages has been steadily removing old manufactured homes and replacing them with site-built homes.
The Villages approached the Lady Lake Planning and Zoning Board on Monday night with plans to do the same at seven lots in the Orange Blossom Gardens section of The Villages. The properties are listed below with purchase prices.
• 822 Beechwood Avenue (purchased for $78,100)
• 916 Kim Lane (purchased for $68,000)
• 808 Roseapple Avenue (purchased for $70,000)
• 744 Royal Palm Avenue (purchased for $62,000)
• 822 Royal Palm Avenue (purchased for $80,000)
• 830 Silver Oak Avenue (purchased for $140,000)
• 743 Truman Avenue (purchased for $57,800)
The Villages has been selling the new site-built homes at a handsome profit.
For instance, The Villages bought the lot at 802 Truman Avenue for $65,000, built a new home and sold it last year for $195,300.
Lady Lake leaders have hailed this move by The Villages as a positive for the Historic Side and the community.
The properties are being annexed into the Town of Lady Lake, whereas before many of them had remained in “enclaves” under Lake County. You can read more about the history of the enclaves HERE
The Lady Lake Planning and Zoning voted 3-0 to forward the matter to the Lady Lake Commission. The commission will hear the first reading of the ordinance on Jan. 20 and the second reading will be on Feb. 1.
