Lost Lake Reserve

A 423.5 acre Master Planned Community with a mix of residential and commercial, located in Clermont, Lake County, FL. Lost Lake benefits from Clermont's tremendous growth as a bedroom community of the Orlando market. Clermont is located only 30 minutes west of downtown Orlando and less than 30 minutes north of Disney World. Lost Lake Reserve is located at the intersection of US Highway 27 and John's Lake Road, approximately 2 miles south of the S.R. 50 & US 27 interchange and located just north of the Lennar Homes' community of Kings Ridge and the Legends Golf Course Communities.

Clermont has become very attractive for development over the last 5 years due to the areas topography with rolling hills, the area's demand for high quality development, new schools and new retail development. Clermont's recent growth has changed the areas appearance and has made it a very desirable alternative to traditional Orlando sub-markets.

Lost Lake Reserve is one of the area's largest master planned communities underway. Development plans call for:

  • 1,100 Residential Homes, including 500 single-family and 600 multi-family apartment units;
  • Commercial Village with 51 acres fronting US Highway 27, Citrus Tower Boulevard and John's Lake Road accommodating 468,000 sq. ft. of retail space;
  • A Town Center, situated on 7 acres, will be located in the northeast quadrant of the property near the intersection of Citrus Tower and John's Lake Roads and will accommodate 70,000 sq. ft. of retail/office space;
  • General Offices are planned for the southern 17 acres with frontage on both Citrus Tower and US Highway 27;
  • Lost Lake Elementary School, which opened in Fall 2000;
  • An 11 acre City Park, located along the edge of Lake Felter, that includes ball fields, tennis courts and basketball courts; a passive park around Eagle Lake; and, a linear park along Citrus Tower Boulevard from John's Lake Road north to Steves Road.

Lost Lake Reserve is a community complete with an elementary school, park system, a Super Wal-Mart Center, restaurants, shopping, an elegant professional village and most importantly, a beautiful mix of single family homes from the nation’s premiere homebuilder Lennar, custom homes from Lawson and an upscale mix of multi-family.

Development Progress Summary

  • Sun Dance Apartments, 300 units completed in 2003 on Tract D.
  • Super Wal-Mart, completed in January, 2006 on Tract K.
  • More than 170 developed lots have been delivered to Lennar Homes on Tracts F, E and B, with homes starting at $350,000.
  • 36 lots delivered to Lawson Estate Homes in February, 2006 with home prices ranging from $500,000 to $1 million.
  • Professional Village – Phase I, 14 individual buildings consisting of 50,000 sq. ft. were sold to tenants and investors and located on Tract H. Office space available for lease or sale.
    For Lease.
  • Professional Village – Phase II, includes 6 buildings consisting of 22,000 square feet.
    Now Selling.
  • The Village at Lost Lake – Retail Center, Phase I. Now Leasing – Bank outlots available.
  • The Vista at Lost Lake Apartments, 276 units. Completed in 2007 on Tract D.