National homebuilders are flocking to Florida’s Culture Coast for the sunshine, incredible lifestyle assets, dazzling waterfront, and exceptional career and educational opportunities. We see them popping up all over Florida and especially in Sarasota County. But one local builder wants to bring Sarasota a new community for Sarasotans, by Sarasotans.

Derived from the Spanish term for “a place for dancing,” Sarasota has the highest growth rate in Florida and the fifth-highest in the U.S., so it’s no wonder it’s attracting big names and building big communities.

Then Enter Gracewater.

Gracewater is the brainchild of Sarasota local, Eldon Johnson, and his business partner, Terry Wolfram. Johnson is from Sarasota. He raised his children here, so this is their home, too. When it came time to develop a unique piece of property in an enviable location, he and Wolfram combined their decades of development experience. They envisioned how their families would live in it. And that’s the main difference between Gracewater and competing communities — this attention to the finest details and their willingness to put quality of life above density in their community plan.

Gracewater Site Map

A Rare Opportunity is Emerging in the Heart of Sarasota.

On a 139-acre property in a convenient Sarasota location, Johnson and Wolfram could have accommodated many more homes into their master plan’s footprint and still followed local building densities. Instead, they thoughtfully crafted a unique community plan of just 216 single-family homes and 268 paired villas with lots of water features, shared amenities, green spaces, and cul-de-sacs. More than 90 percent of all homes back up to the community’s 13 lakes or conservation areas for privacy and safe backyards to play in. The community is gated as well with keypad-controlled access.

“I thought back to what I liked about the 1,900 square-foot home where my wife and I raised our children. What would I want for them when we had three kids under four? That helped guide our decision-making process,” said Johnson.

Family Ties.

Named after Johnson’s daughter Grace, Gracewater is a community perfectly designed to fit active lifestyles, busy kids, and those seeking peace and tranquility as empty nesters. The Community Center is destined to become the heartbeat of the community, with its resort-style, zero-entrance pool, luxurious cabanas, and plenty of space for entertaining.

There are also miles of fitness and bike trails that wind through the community and pickleball courts for enthusiasts of America’s fastest-growing sport. Residents will be able to go for a three-mile run or bike ride without ever leaving the community. There will also be a fitness center open to residents 24/7.

An Unbeatable Location.

Once known as North Sarasota or Sarasota Proper, the emergence of this area in Sarasota as a desirable address is due to its incredibly convenient location. Within a 25-mile radius of Gracewater, there are more Zagat Guide restaurants than in any other part of Florida. Plus, Siesta Key, ranked the #1 beach in the U.S. in 2020, is less than five miles away. Here are some examples of distances to major work and play destinations in Sarasota from the gates of Gracewater:

  • I-75: 12 minutes, 5.2 miles
  • Siesta Key Beach: 25 minutes, 10.8 miles
  • Longboat Key: 30 minutes, 15.6 miles
  • St. Armands Circle + Lido Key: 19 minutes, 7.3 miles
  • University Town Center: 13 minutes, 5.5 miles
  • Main Street Downtown: 10 minutes, 4 miles
  • SRQ International Airport: 8 minutes, 3.1 miles
  • Sarasota Memorial Hospital: 15 minutes, 5.1 miles
  • Lakewood Ranch Medical Center: 15 minutes, 7 miles

Join Our Interest List.

Join our interest list today and be one of the first to find out when we will accept reservations. The first homes are expected to start construction this fall.