Lakeside on Preston, one of Plano’s most exclusive and prestigious neighborhoods, is synonymous with luxury, privacy, and sophistication. Known for its stunning custom homes, scenic lakes, and lush landscapes, Lakeside on Preston offers an unmatched lifestyle for those seeking upscale living. Understanding the factors that drive home values in this coveted community is essential whether you’re planning to buy or sell. Let’s explore what makes this neighborhood so desirable and what impacts property values.
The Appeal of Lakeside on Preston
Nestled in the heart of Plano, Lakeside on Preston is more than just a neighborhood; it’s a community that offers an elegant lifestyle with top-tier amenities. Here’s what sets it apart:
- Exclusive Amenities: Residents enjoy private lakes, walking trails, a luxurious clubhouse, swimming pools, and tennis courts, creating a resort-like environment.
- Architectural Beauty: Custom-built homes in Lakeside on Preston are designed by some of the most renowned builders in the area, offering a range of architectural styles and premium finishes.
- Scenic Beauty: The community’s tree-lined streets, manicured landscapes, and serene lakes provide a tranquil and picturesque setting.
- Prime Location: Conveniently located near the Dallas North Tollway and Legacy West, Lakeside on Preston offers easy access to shopping, dining, and top business hubs in Plano and beyond.
- Highly Rated Schools: Families are drawn to this neighborhood for its proximity to top-rated schools in the Plano Independent School District.
Current Home Values in Lakeside on Preston
Homes in Lakeside on Preston range in price from $1 million to over $3 million, depending on size, design, and lot location. Properties typically range from 4,000 to over 8,000 square feet, with many offering luxurious upgrades, spacious layouts, and breathtaking lake views.
Key Factors Influencing Home Values
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Architectural Design and Features
Many homes in Lakeside on Preston are custom-built, featuring high-end finishes such as gourmet kitchens, spa-like bathrooms, and grand outdoor spaces. These luxury features significantly enhance home values. -
Community Amenities
The exclusive amenities, such as private lakes, a clubhouse, and tennis courts, attract buyers seeking a lifestyle that combines recreation and relaxation. -
Lot Size and Location
Properties with premium lot locations, such as waterfront views or oversized lots, command higher prices due to their rarity and desirability. -
School District
Lakeside on Preston is located in the highly regarded Plano ISD, a major factor for families prioritizing excellent education. -
Proximity to Key Areas
The neighborhood’s location near major highways, shopping districts, and business centers makes it convenient for professionals and families alike, boosting its appeal. -
Market Trends
The Plano real estate market continues to thrive, with neighborhoods like Lakeside on Preston remaining in high demand due to their exclusivity and quality of life.
Market Snapshot
Lakeside on Preston consistently ranks as one of Plano’s most desirable neighborhoods, with homes often selling quickly when priced and marketed effectively. The combination of limited inventory and high demand helps maintain and increase property values. Understanding Home Values in Lakeside on Preston
Tips for Buyers and Sellers
- For Buyers: When purchasing in Lakeside on Preston, consider working with a real estate agent familiar with the neighborhood’s nuances. Focus on features such as lot location, home upgrades, and access to amenities to find the perfect property.
- For Sellers: Highlight unique aspects of your home, such as custom designs, premium finishes, or a prime lot. Professional staging and high-quality marketing materials are essential for showcasing your home’s value. Understanding Home Values in Lakeside on Preston
Conclusion
Lakeside on Preston offers an unparalleled living experience in Plano, TX, making it one of the most sought-after neighborhoods in the area. Its luxurious homes, exclusive amenities, and convenient location ensure strong property values and consistent demand. Whether you’re buying or selling, understanding the factors that influence home values in Lakeside on Preston will help you make informed and confident decisions.
If you’re considering buying or selling a home in Lakeside on Preston, contact Bale Real Estate Group. Our expertise in Plano’s luxury market ensures you’ll receive the guidance and support needed to achieve your real estate goals.
Visit us at Bale Real Estate Group or call 972-469-0332 to get started today!
Lakeside On Preston Home Values Market Statistics
Updated December 2024
In November 2024, Lakeside on Preston in Plano, Texas, had five active homes for sale, with prices ranging from $1,095,000 to $2,650,000. The average home value in this neighborhood was approximately $1,264,062, reflecting a 4.5% increase over the past year. Homes in this area typically feature 3 to 5 bedrooms and 3 to 6 bathrooms, with sizes ranging from approximately 3,118 to 8,051 square feet. The neighborhood continues to attract buyers seeking luxury living with convenient access to Plano’s amenities.
Updated – November 2024
In October 2024, Lakeside on Preston in Plano, Texas, had five homes listed for sale, with prices ranging from $1,095,000 to $2,995,000. The average home value in this upscale neighborhood was approximately $1,278,954, reflecting a stable market over the past year. Homes in Lakeside on Preston typically feature 5 bedrooms and 5 to 6 bathrooms, with sizes ranging from approximately 5,200 to 5,922 square feet. The neighborhood continues to attract buyers seeking luxury living with convenient access to Plano’s amenities.
