Homebuilder sets new roof for pricing

LAKEWOOD RANCH — The latest sign of a luxury homebuilding rebound on the Gulf Coast comes from Nelson Homes, an independently owned Arthur Rutenberg Homes franchisee: The firm recently opened two models priced at more than $2 million each.

The Ravenna, the company's newest model, was unveiled earlier this week at The Lake Club in east Manatee County, according to a release. The other $2 million model, the Modena, is in The Concession, also in east Manatee County.

“The unveiling of these models is a direct response to the uptick of the luxury custom home market,” Derek Nelson, president of the Lakewood Ranch-based franchise, says in the release. “Discerning buyers are coming to the area looking for premium homes with luxury features, and the Ravenna and Modena definitely deliver. I'm excited about our current and future models, which have a lot of memory points and wow moments.”