Longboat Key, Florida | June 5th, 2018 – Each weekend this June, our Judy Kepecz-Hays team has a scheduled open house at our sales listing on 1790 Cherry Lane, Sarasota. We expect our showings to generate some keen buying interest, as this residence is one of the new gems just east of downtown Sarasota. Also, it is a single-family residential construction, a marked contrast with the new high-rise condos rising in within the city’s core.
Moreover, this new residence is located in the charming Laurel Park District, a quaint part of town consisting of a mix of vintage residences and newly built dwellings. For prospective buyers, it would be important to note that two vintage structures in Laurel Park has been officially listed in the National Register of Historic Places. This distinction notably extends to the whole of Laurel Park and helps boost the value of all the properties in this district.
Laurel Park came in as the seventh historic district in the City of Sarasota when it was declared so sometime in early 2018. Such designation is truly an honor that its residents could be proud of, as this recognition is not given at random. Only deserving sites and properties are included in the U.S. historic registry, and these are chosen after a meticulous examination of their architectural merit or importance based on national, regional or local history.
Broadly, there are 270 structures that contributed to Laurel Park being named as a historic district. Besides its two buildings individually listed in the National Register, the City of Sarasota designated 20 others as historic local structures.
The city’s move is in recognition of Laurel Park’s being one of the oldest and most prominent neighborhoods in the downtown area. This district sits south of Morrill Street between Washington Boulevard and Orange Avenue, occupying nine city blocks of about 50 acres north of Mound Street.
The streetscapes of Laurel Park, with its narrow sidewalks and original brick paving, retains the city’s characteristic during the 1920s. Events which shaped Sarasota’s early development from 1920 to 1957 are generally associated with this district, the most historically significant of which was during the 1920‒1927 period.
Circa 1920s single-family residences, small apartment buildings and duplexes line the district’s original brick paved streets. These dwellings are in varying architectural styles, such as Bungalow, Masonry Vernacular, Frame Vernacular, Mediterranean Revival Colonial Revival, and Mission Revival. These endearing architectural styles and Laurel Park’s varied development pattern additionally help make this district a valuable city and state resource worth preserving.
Occasionally, one or two of Laurel Park’s historic residences are listed in the MLS at prices ranging from the $500s up to the $700s. Currently, our Judy Kepecz-Hays team’s listing at 1790 Cherry Lane right at the heart of Laurel Park is one of the luxury residences available in this historic district.
Priced at close to $1.25 million, this new construction has four bedrooms, four baths and a half-bath. There are very few buying opportunities for a new single family residence like this so close to Sarasota’s downtown. With the current rising demand in the local market, we look forward to having a deal closed soon on this gem in the historic Laurel Park district.