After more than two decades of development, new home construction within the Grande Dunes master-planned community is now entering its final phases. In October of 2023, Värde Partners and Freehold Capital Management formed a partnership to acquire the Grande Dunes master-planned community. GD Marina LLC, a special-purpose vehicle formed by Freehold Capital Management in 2024, currently owns the land.
Islecrest at Grande Dunes is one of the newest sections within the community and is on the verge of beginning new home construction. The 111 single-family lots within Islecrest at Grande Dunes have now been platted, signaling that construction activity will soon be underway. Lot sizes within Islecrest at Grande Dunes range from approximately 5,959 to 11,215 square feet.
Dream Finders Homes will serve as the builder in the Islecrest at Grande Dunes community.
As of January 2026, land development for the new home community of Islecrest at Grande Dunes is well underway. Dream Finders Homes has not yet announced pricing or floorplans for the single-family homes in Islecrest at Grande Dunes. Expectations are that Dream Finders Homes will be formally announcing plans for Islecrest at Grande Dunes in early 2026.
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Islecrest at Grande Dunes by Dream Finders Homes is one of several new communities now in various stages of planning and early development that will soon start presales to help complete the master-planned vision of Grande Dunes — a destination originally conceived in the 1990s. The other new home communities in Grande Dunes that are expected to announce presales in 2026 include:
Islewater at Grande Dunes
Islewater at Grande Dunes is one of the new subdivisions that is being developed within the same “Marina Village” section of Grande Dunes where Islecrest at Grande Dunes is being developed. Lennar will be the builder in Islewater at Grande Dunes. Lennar will be building 86 single-family homes in Islewater at Grande Dunes. Islewater at Grande Dunes is the second subdivision for Lennar within the Grande Dunes master planned community. Presales by Lennar of the single-family homes at Beach View at Grande Dunes started in June of 2025. Lennar is pricing the single-family homes in Beach View at Grande Dunes starting at around $900,000. As of January 2026, land development for the new home community of Islewater at Grande by Lennar is well underway. Expectations are that Lennar will be announcing plans for Islewater at Grande Dunes later in 2026.
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Cascadia at Grande Dunes
Toll Brothers, an award-winning builder will be offering 45 beautifully designed single-family residences within the prestigious master-planned community of Grande Dunes. This new section by Toll Brothers within the master planned community of Grande Dunes is conveniently located adjacent to the Grande Dunes Resort Golf Club. The new 45 single-family home Toll Brothers community – Cascadia at Grande Dunes - will be accessed directly off of Grande Dunes Boulevard and nestled between the driving range, clubhouse and tee boxes on the 9th hole within the Grande Dunes Resort Golf Club. Toll Brothers has announced floorplans for Cascadia at Grande Dunes as well as pricing starting in the $800,000’s.
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Cane Patch North
An approximate 14.26 acre of land at the southeast corner of 76th Avenue and Highway 17 has been subdivided into 62 family parcels. These lots range in size from approximately 5,962 to 11,790 square feet. This property is tentatively being named Cane Patch North due to its proximity to the Cane Patch golfing facility. The Cane Patch Par 3, first opened in 1980 with three distinct par-3 golf courses, but permanently closed in October of 2017. Although the par-3 golf course closed, the Cane Patch Driving Range remains open. The neighborhood name, Cane Patch North, is inspired by its proximity to the long-standing Cane Patch golfing facility. The Cane Patch Par-3 course originally opened in 1980 with three distinct par-3 layouts but permanently closed in October 2017. While the Par-3 course is gone, the Cane Patch Driving Range continues to operate today as a popular local practice spot. Details regarding timing, pricing, and floorplans in Cane Patch North have not yet been released.
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