Babcock Ranch, FL · Waterfront Single-Family
Crescent Lakes
Meritage single-family with crescent-shaped lake views and curated landscaping. Newer phase.
Market Snapshot
Crescent Lakes market data
Live from the MLS · updated continuously. See all 1 listings →
Figures reflect current active listings (and recent closed sales where available) tagged to Crescent Lakes. Medians are indicative, not an appraisal, ask Rick for a comparative market analysis on a specific home.
On the Map
Where Crescent Lakes sits
Available Now
Homes for sale in Crescent Lakes(7)
Newest listings first.
- For SaleNew This WeekWaterfront
$549,000
MLS# 20260322924 bd3 ba2,792 sqft44302 Timberland Terrace, Punta Gorda, FL, 33982
- For Sale
$314,900
MLS# 20260348353 bd2 ba1,484 sqft44125 Frontier Drive, Punta Gorda, FL, 33982
- For SaleWaterfront
$349,500
MLS# 20260345173 bd2 ba1,659 sqft44317 Timberland Terrace, Punta Gorda, FL, 33982
- For Sale
$305,000
MLS# 2260282293 bd2 ba1,484 sqft44415 Diamond Trail, Punta Gorda, FL, 33982
- For Sale
$295,000
MLS# 2260243763 bd2 ba1,288 sqft44197 Frontier Drive, Punta Gorda, FL, 33982
- For SaleWaterfront
$498,000
MLS# 20260278354 bd3 ba2,461 sqft44549 Frontier Drive, Punta Gorda, FL, 33982
- For SaleWaterfront
$325,000
MLS# 20260121684 bd2 ba1,687 sqft44236 Frontier Drive, Punta Gorda, FL, 33982
Swipe to see more →
Recently Sold
Recent sales in Crescent Lakes
| Home | Bd / Ba | Sq Ft | Sold | Sold Price |
|---|---|---|---|---|
| 44432 Frontier Drive, Punta Gorda | 4 / 3 | 2,190 | Jul 2026 | $365,000 |
| 16507 Settlers Way, Punta Gorda | 4 / 2 | 1,908 | Jul 2026 | $350,000 |
| 16399 Marsh Lane, Punta Gorda | 4 / 3 | 2,791 | Jul 2026 | $534,900 |
| 44482 Diamond Trail, Punta Gorda | 4 / 2.5 | 2,168 | Jun 2026 | $380,205 |
Closed sales from the last 12 months. Ask Rick for a full comparable-sales report on any home you're considering.
At a Glance
Crescent Lakes at a glance
Amenities & Lifestyle
What you get living in Crescent Lakes
Drive Times
Location & access
- 🏖️ Nearest Beach45 min
- ✈️ RSW Airport35 min
- 🏙️ Downtown Fort Myers35 min
- 🏥 Nearest Hospital25 min
- 🛣️ I-75 Access8 min
Cost of Ownership
Estimated yearly costs for a entry-tier home
Florida estimates based on a $350,000 home in Crescent Lakes. Actual numbers vary, book a Strategy Session for a live, parcel-specific quote.
Estimates only. Florida Homestead Exemption (when you qualify) can knock $750-1,500 off the annual tax bill.
⚠️ Flood Zone Accuracy Note
Crescent Lakes is mapped primarily in Zone AE
Our analysis found 2 different flood zones within Crescent Lakes's footprint (Zone AE, Zone X). The exact flood zone for any specific home depends on its parcel, homes on different streets, lots, or elevations within the same community can have different zone classifications.
Before making an offer, always verify the exact flood zone for the specific property address:
Source: FEMA National Flood Hazard Layer · sampled at 5 points per community · confidence: medium
Schools Nearby
Top schools within 8 miles of Crescent Lakes
Babcock Neighborhood School
0.2 miBabcock High School
0.4 miBuckingham Exceptional Student Center
6.5 miRiver Hall Elementary School
6.8 miRiver Hall Elementary School
6.8 miWhat floorplans are available in Crescent Lakes?
Crescent Lakes offers 2 published floorplans ranging from 1,269 to 1,483 square feet, with 3 to 3 bedrooms, built by Meritage Homes.
| Floorplan | Beds | Baths | Living area | Garage | Type |
|---|---|---|---|---|---|
| FinchMeritage Homes | 3 | 2 | 1,269 sq ft | 2-car | single-family |
| CanaryMeritage Homes | 3 | 2 | 1,483 sq ft | 2-car | single-family |
Meritage publishes 11 plans at Crescent Lakes. The two above are from the builder's Premier series and are the ones whose specifications we could verify. Closed sales run from 1,269 to 2,792 square feet.
Floorplan names, sizes and any published pricing are as advertised by the builder and change without notice. Square footage is living area and may differ from tax records. Verify against the actual home. Floorplan drawings remain the builder's property; where a plan page is still live, the plan name links to it so you can view the layout at the source.
What amenities does Crescent Lakes have?
- Lake home sites
- Neighborhood pool and amenity center
- Full access to Babcock Ranch town amenities, trails and events
Crescent Lakes: the honest pros and cons
Every community trades something away. Here is what Crescent Lakes does well and where it may not fit, so you can decide before you spend a weekend touring.
What works
- The lowest cost per square foot of any Babcock Ranch neighborhood with a real sales record, tied with Tucker's Cove at about $183.
- Every one of the 18 closed sales on record happened in the last twelve months, so the comparable sales here are genuinely current.
- Meritage is the only builder here, so the homes read as one set rather than a patchwork of elevations from four companies.
- Smaller plans start at 1,269 square feet, one of the few entry points into a detached Babcock Ranch home under $250,000 on record.
What to weigh
- It is a small neighborhood. Twenty-seven records total means thin comparable data and fewer choices at any given moment.
- The ceiling is low relative to the town: the highest closed sale on record is $534,900, so this is not where you buy a large home.
- Built from 2023, so the tree canopy and landscaping are young and the neighborhood is still settling in.
- Inland, so no Gulf access by boat, and the beaches are a real drive.
Common questions about Crescent Lakes
How much does a home in Crescent Lakes cost?
The median of 18 closed sales is $368,500, with a range of $245,000 to $534,900. At roughly $183 per square foot it is the least expensive square footage in Babcock Ranch among the neighborhoods with more than a handful of sales. Six homes were active when this page was last updated, asking $299,900 to $559,000.
Who builds Crescent Lakes?
Meritage Homes, and it is the only builder in the neighborhood, which is why the homes read as a set rather than a patchwork. Meritage publishes 11 plans here, including the Premier series plans listed above.
Is Crescent Lakes a good value compared to the rest of Babcock Ranch?
On price per square foot it is the lowest in the town at about $183, against roughly $217 at Webb's Reserve and $234 at Regency. What you give up for that is size and ceiling: the largest closed sale here was 2,792 square feet and $534,900. If you want a big home this is the wrong neighborhood, and if you want the most house for the money inside Babcock Ranch it is a serious candidate.
Community details researched August 2026. Sources: Babcock Ranch neighborhood directory (Meritage Homes, 11 published plans), Babcock Ranch New Homes model index (verified plan specs), Our MLS records: 27 for-sale rows, 18 of them closed sales. Details change; confirm anything that matters to your decision.
Ready to Look Closer?
Get live numbers for Crescent Lakes
HOA dues, current listings, recent sales, builder incentives, all change weekly. Book a free Strategy Session and I'll pull a live snapshot for Crescent Lakes tailored to your timeline and budget.
Good Questions
Crescent Lakes, frequently asked questions
- What are home prices like in Crescent Lakes?
- Crescent Lakes is in the entry price tier, typically Typically $200K – $450K. List prices vary by size, age, condition, and current inventory; search current listings or ask Rick for live comps.
- What FEMA flood zone is Crescent Lakes in?
- Crescent Lakes straddles more than one FEMA zone (Zones AE / X), the exact zone depends on the specific lot, so insurance can differ street to street. Rick verifies the exact zone for any address before you offer.
- What schools are near Crescent Lakes?
- Closest schools include Babcock Neighborhood School (0.2 mi), Babcock High School (0.4 mi), Buckingham Exceptional Student Center (6.5 mi). Browse all on the schools directory.
- What does it cost to own a home in Crescent Lakes?
- For a $350,000 home, estimate roughly $4,550/yr property tax, $4,200-$7,700/yr insurance (incl. flood), and $0-$150/mo HOA. Full breakdown in the SWFL cost cheatsheet.
- What amenities does Crescent Lakes offer?
- Crescent Lakes features Waterfront, Lake Access, New Construction, Solar, Master Planned. Compare similar communities on the interactive map.