As amazing as it may seem to house hunters who are familiar with the Bradenton housing market, new waterfront real estate projects are still being developed in 2016.

Legends Bay in Bradenton is a Luxurious Gated Community located just south of the IMG Academy campus and west of Bayshore Gardens; development actually started a few years ago with properties built by Gibraltar and John Cannon Homes, but new construction slowed down during the downturn of the housing market.

Once the real estate economy began to improve for Southwest Florida, DR Horton and Arthur Rutenberg introduced a few stylish floor plans to Legends Bay. There is a Mediterranean seaside village vibe in this neighborhood, and the recently completed models feature styles that evoke Spanish Colonial and Venetian design.

Legends Bay will appeal to home buyers who want their properties to be spacious and refined. As of early 2016, listings in this neighborhood were priced between $395K and $1 million, but the most spectacular waterfront estates can be found listed for up to $5 million. An entry-level home in Legends Bay will feature three bedrooms, two full bathrooms, a two-car garage, and nearly 2,600 square feet of living space. Most single-family homes feature two stories with large windows and balconies facing Sarasota Bay.

The location of Legends Bay is among the best in Bradenton. Driving to the downtown district or to Bradenton Beach takes just 10 minutes. The nearest commercial district is in Bayshore Gardens, which is almost within walking distance. Life at Legends Bay would not be complete without well-appointed amenities such as nature trails, a swimming pool with a clubhouse, and a comfortable lounge area right next to a lake.

Listings at Legends Bay do not tend to be on the market for very long, and property values in this neighborhood are climbing very fast; therefore, house hunters are advised to act quickly.