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Neal Communities Celebrates the Final Sale at River’s Reach

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Parrish, Fla. – October 14, 2019 – River’s Reach, located in Parrish, Florida, just completed the sale of the last remaining home within the community. Situated off of Rye Road and along the idyllic Manatee River, the community was built by Neal Communities and initially opened approximately 14 years ago.

Built in two phases, River’s Reach features 450 single-family homes ranging from 1,812 to 2,980 square feet. The average home sale price in the last year was approximately $371,000.

Construction on River’s Reach started just before the recession. During the peak of the recession, many other new home developers in Southwest Florida abandoned their community projects. However, in spite of the economic uncertainty, Neal Communities kept River’s Reach alive and continued to invest in and maintain the community.

“River’s Reach is a true gem and we never wanted to see this project fail,” said Pat Neal, Chairman of the Executive Committee, Neal Communities. “As a local homebuilder, we made the commitment to stay and maintain River’s Reach, even continuing to pay the CDD until we were able to restart development. We are proud to see this community reach the full potential we always envisioned.”

Environmental conservation was a core focus throughout the construction of River’s Reach. Neal Communities took care to remove dangerous invasive plants, preserve the mature oak trees throughout and protect the preserved lands surrounding the community.

For residents, River’s Reach offers a world of outdoor options in an awe-inspiring setting on Manatee River. Residents can experience the river by setting out from the community kayak and canoe launch, or enjoy the view from the many riverside benches. River’s Reach features a resort-style pool and spa, fitness center, nature preserves, inviting picnic spots and a sand volleyball court by the lake.

“We purchased our home in River’s Reach in 2016 and have been incredibly happy with the design of the home and the feel of the community,” said Jay Lawrence, River’s Reach homeowner. “Our neighbors are always out enjoying the pool, walking the trails and kayaking from the Manatee River. We’re very impressed with the sense of community that has been built into River’s Reach.”

Several Neal Communities employees call River’s Reach home because of the easy commute to Lakewood Ranch and Sarasota from the community’s quiet setting.

River’s Reach is located steps from the nature trails of the historic Rye Preserve. The community is just north of Upper Manatee River Road and close to I-75, State Road 64, Lakewood Ranch Boulevard and the shopping and dining destinations in Lakewood Ranch and Ellenton.

To learn more about Neal Communities’ available homes, visit www.nealcommunities.com.

About Neal Communities

Neal Communities, based in Lakewood Ranch, Florida, is Southwest Florida’s largest and most established locally owned and operated private builder. During the company’s nearly 50-year history, it has built over 14,000 new homes in more than 90 acclaimed communities from Tampa to Naples. The company consistently ranks among the nation’s top 100 home builders and has earned numerous awards including the prestigious Builder of the Year from Professional Builder in 2015 and America’s Best Builder in 2012 from BUILDER Magazine. With a core belief that “Where You Live Matters,” Neal Communities has given more than $7 million to local charities throughout Southwest Florida and is committed to the communities where they live, work and build. Company sales in fiscal year 2018 were $464 million.

Additional Neal Communities brands include Neal Signature Homes, Neal Land Ventures, Charlene Neal PureStyle, Waterscapes Pools & Spas, Neal Communities Funding and Allegiant Title Professionals. For more information, please visit www.NealCommunities.com.

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