Luxury home sells for $4.6M, sets new mark

LAKEWOOD RANCH — A Tuscan-inspired east Manatee County estate with 13,000 square feet of living space has sold for $4.6 million — a record price for Lakewood Ranch and The Lake Club, according to the listing brokerage.

Sarasota-based Michael Saunders & Co. listed the property, through Realtor Barbara Najmy, according to a statement. There have only been two other non-waterfront homes in Sarasota and Manatee counties that have sold for more than $4 million the last 15 months, the brokerage adds in the statement.

“It is always a pleasure to announce a record sale, as it indicates growing strength in the east county luxury market and the desire of buyers for the best in quality and distinctive design,” says Michael Saunders & Co. founder and CEO Michael Saunders in the statement. “It also demonstrates the depth of our amazing agents and the unparalleled knowledge and expertise they provide for our clients.”