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Overview

2 bd3 ba1,187 sqftTownhouse
TypeTownhouse
HOA$172/mo
Built2026
Living area1,187 sqft
Price / sqft$223

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

New construction · 2026

Different rules apply when you buy new

Build snapshot

Build year
2026
Builder
Ask the team — not on MLS
Community
THE TOWNS AT SKYE RANCH
Type
Townhouse

True monthly carry

HOA
~$172/mo
CDD bond
Yes — typically $1,500–$3,500/yr
Builder incentives
Ask — change weekly

What we'll do for you on a new build

Builder contract redlines

Builder contracts favor the builder. We mark up the clauses you should push back on before you sign.

11-month inspection

Your 1-year warranty expires quietly. We book an independent inspection at month 11 — saves $5K+ on average in caught defects.

Verified incentives

We verify the current builder incentives every time we walk a community. Rate buy-downs, design-center credits, closing costs — all itemized.

CDD heads-up.This community is in a Community Development District — there's a separate annual bond payment ($1,500–$3,500 typical) on top of HOA that builders often roll into the mortgage statement. Worth knowing before you write an offer.

About this home

Open FloorplanPrimarybedroom UpstairsSplit BedroomWalk-in Closet(s)Window TreatmentsStorageCommunity MailboxDog Park

10601 Orbit Ter is a 2026-built home in The Towns At Skye Ranch, Sarasota. Inside you'll find 2 bedrooms, 3 bathrooms, and 1,187 square feet of living space. Listed at $264,959 (about $223/sqft), 194 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $172 monthly.

From the listing

Under Construction. What's Special: Convenient 1st Floor Living | Close to Park | Close to Trails. New Construction - October Completion! Welcome to the Ivy at 10601 Orbit Terrace in the Towns at Skye Ranch! This new townhome offers two bedrooms and two- and one-half bathrooms, creating a bright and comfortable place to call home. The foyer opens to a welcoming kitchen at the front of the home, complete with a large pantry and a convenient half bath. From there, the layout flows into the dining and great room, an easygoing space for everyday living. Just beyond the great room, an outdoor patio invites you to enjoy the fresh air. Upstairs, the private primary suite serves as a peaceful retreat, while a secondary bedroom and full bathroom provide flexibility for guests. The laundry area is also located on the second floor for added convenience. Discover modern, open-concept townhomes in the gated, master-planned Skye Ranch community in Sarasota. Ideally located at Clark and Lorraine Roads, this premier setting offers endless opportunities to explore and enjoy life. The community preserves natural beauty with grand oaks, lush palms, forested wetlands, pristine lakes, and native wildlife. Additional Highlights Include: Additional Highlights Include: Upgraded luxury vinyl plank on first floor, upgraded carpet on second floor, upgraded quartz countertops, upgraded cabinets in kitchen and bathrooms, and whole house blinds. Photos are for representative purposes only. MLS#A4688131

The essentials

Built
2026
Price / sqft
$223
On market
194 days
Annual tax
$0
HOA
$172/mo
Flood zone
X · Low risk
Type
Townhouse

At a glance

Townhouse
Built 2026
Community pool
Shared amenity
Assigned parking
1,187 sqft
Living area
Brand new
Built 2026

Payment

Est. monthly payment
$2,029/mo
Down payment (20%)
$52,992
Property taxes
$0/mo
HOA
$172/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Townhouse
Year Built
2026
Lot
-
Cooling
Central Air
Heating
Central
Parking
Assigned
Days on Market
194
Open Floorplan
Primarybedroom Upstairs
Split Bedroom
Walk-in Closet(s)
Window Treatments
Storage
Community Mailbox
Dog Park
Gated Community - Guard
Golf Carts OK
Irrigation-reclaimed Water
Park
Playground
Pool
Sidewalks
Dishwasher
Disposal
Dryer
Exhaust Fan
Microwave
Range
Refrigerator
Washer
Elementary
Pine View School
Middle
Sarasota Middle
High
Riverview High

Districts can re-zone, so verify directly with the district before relying on these.

In a CDD (Community Development District) Flood Zone X
Annual Tax (2025)
$0
Parcel #
0306056456

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
The Towns At Skye Ranch
County
Sarasota
MLS Area
34241 - Sarasota
Lot Size
-
HOA
$172/mo
Towns At Skye Ranch Homeowners Association, INC.

Price history

Date
Event
Price
6/24/2026
Price change
Source: Stellar MLS #A4688131
$264,959-1.6%
$223/sqft
-
Price change
Source: Stellar MLS #A4688131
$269,259-2.5%
$227/sqft
3/30/2026
Listed for sale
Source: Stellar MLS #A4688131
$276,259
$233/sqft

Neighborhood

10601 Orbit Ter
Sarasota, FL, 34241 · 34241 - Sarasota

Market insights

Offer Insights

Choose an offer strength

List price: $264,959
$260,000 – $264,959
98.1% – 100% of listTops out right at the list price
80% of listList price
50 of the last 99 townhouse or villa closings in 34241 landed at this number or higher (51%). The median one sat 63 days before it went under contract, and this one is on day 194 after a $11,300 cut.

Sample: 99 closed townhouse or villa sales in 34241 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$2,029/mo
Principal & interest$1,382
Property taxes$342
Insurance$132
HOA$172
Down payment20% · $52,992
Interest rate6.80%
Loan term

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Property taxes estimated at 1.55% of price a year. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$264,959

$223 per sq ft

Beds and baths

2 beds, 3 baths

Size

1,187 sq ft

Time on market

194 days

Year built

2026

Monthly payment

About $2,029/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $0 annual tax bill, insurance, and the $172/mo HOA fee.

HOA fee

$172/mo

Managed by Towns At Skye Ranch Homeowners Association, INC..

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byTAYLOR MORRISON RLTY OF FLAListing agent: Michelle CampbellListing data from Stellar MLS, MLS# A4688131.

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