Falin and Sarah McMellon sell Lakewood Ranch home for $2.8 million
Falin and Sarah McMellon sold their Pomello Park home.
The short version
- Lisa Sawyer bought the six-bedroom property for $2.8 million.
- The house previously sold for $1 million in 2021.
- High-end Florida real estate continues drawing massive price jumps.
Check the deeds coming out of Lakewood Ranch, Florida. Falin and Sarah McMellon, of Bradenton, just sold their home at 18702 69th Ave. E. to Lisa Sawyer, of Sarasota, for $2.8 million, according to Your Observer.
The property sits in Pomello Park, featuring six bedrooms, five-and-a-half baths, a pool, and 5,909 square feet of living area. Built in 1999, the house previously sold for just $1 million in 2021. That marks a jump of $1.8 million in just five years.
Across the same week in the master-planned community, multiple multi-million dollar deals closed, including a 4-bedroom home on Portmarnock Place fetching $2.23 million. For anyone watching the Florida housing market, these numbers show how quickly property values climbed in the Sunshine State.
When buyers drop nearly $3 million on a single-family home, it changes what builders and sellers expect down the street. Real estate climbs fast when buyers keep showing up with cash.
