When Gracewater Community Development purchased the Gracewater at Sarasota property, managing partners, Eldon Johnson and Terry Wolfram, felt there was nothing else like it. It includes 139 acres next door to a vibrant downtown, some of Florida’s best beaches, St. Armand’s Circle, amazing restaurants and so many other wonderful landmarks. They invested tremendous time and energy to meticulously craft a master-planned community that properly reflects the beauty of these wonderful Sarasota assets.
As they considered the homes that would reside at Gracewater at Sarasota, they felt deeply that these homes also needed to reflect the exceptional nature of the community. They created Privada Homes, comprising a team that boasts over 40 years of residential construction experience with a track record of successfully building over 3,000 homes. Like Eldon, who has been a Sarasota resident for 23 years, The Privada Homes Team represents people who have lived and raised their families in Sarasota and care deeply for its community.
Privada Homes was established to create and construct exquisitely designed, distinctive residences in one-of-a-kind locations brimming with life creating a resort-like atmosphere. We take immense pride in these homes because we know that these homes will be places for raising families, hosting gatherings, and creating cherished memories. We can’t wait for you to experience the Live Privada lifestyle!
Sarasota New Home Buyers – Most Common Questions About Privada Homes
Does Privada Homes support smart-home or energy efficient features as standard or optional upgrades?
Yes — Privada Homes emphasizes smart-home technology and energy efficient design. Their homes are built with modern systems such as tankless water heaters, impact windows and integrated home automation options.
Building with Privada Homes offers the chance to customize home site orientation, interior and exterior finishes, select your preferred lot, and design your space to fit your exact lifestyle — all backed by modern construction standards and warranty support.
Visit LivePrivada.com and sign up for updates, or contact their sales office to be added to their notification list for new construction release, incentives, and upcoming community amenities.
Standard features often include premium finishes (e.g., quartz countertops), high ceilings, impact windows, smart home integrations, energy efficient components, and thoughtful design tailored to coastal Florida living.
During the purchase process, the buyer works with the community’s Sales Manager and Privada’s preferred lender program to streamline financing and closing. Then on closing day you sign all documents and receive your keys.
Privada Homes arranges a detailed pre-settlement orientation, and about 30 days after closing the Construction Manager schedules a warranty walk-through to review the home and address any issues — reflecting their commitment to buyer satisfaction.
Yes — Privada offers both custom-build opportunities and inventory homes for quicker move-in. For example, listings in Gracewater starting from the mid $600s
You can schedule a private tour via the Privada Homes website at LivePrivada.com or by contacting the sales team or you can just drop in. The sales office is open every day from 10am to 5pm. Many inventory or move-in ready homes are available in the Gracewater community.
Privada Homes focuses on “modern coastal inspired” residences built around Sarasota’s lifestyle. Their homes feature open-concept layouts, light-filled interiors, premium finishes and resort-style amenities in communities like Gracewater at Sarasota.
Privada Homes outlines an eleven-step path to home ownership: choosing a homesite, executing a purchase agreement, selecting finishes, pre-construction and pre-drywall meetings, tile walk, pre-settlement orientations, closing, and a 30-day warranty walk-through after move-in.
Privada Homes is based in Sarasota, FL and builds in sought-after locations such as Gracewater at Sarasota — just minutes from downtown Sarasota and the Gulf coast beaches.
Privada Homes builds single-family homes that cater to modern living — with open floor plans, generous finishes, and flexible designs suitable for families, multigenerational living, or luxury lifestyle buyers.



