Master-planned community surpasses closings milestone

BABCOCK RANCH — Babcock Ranch, a solar-powered master-planned community in Charlotte and Lee counties, has passed a new milestone in home sales, with more than 1,000 closings.

The community, according to a statement, now has 1,386 home sales and 1,027 closings. The surge has been fueled by 342 home sales year-to-date, the release adds. Located just northeast of Fort Myers on Babcock Ranch Road/State Road 31, the community began marketing new homes in 2017, with the first residents moving into the town in January 2018.