One of the biggest trends in today’s residential real estate market appears to becoming more fact than trend. An increasing number of U.S. home buyers are building and buying homes not only for their immediate family, but other generations as well.
And, it’s an option right at home at Plantation Bay Golf & Country Club in Ormond Beach. As one of ICI Homes’ premier properties on Florida’s east central Atlantic coast, Plantation Bay’s size, abundant amenities and great location make it perfect for multigenerational living.
Curious how Plantation Bay might fit your family’s multigenerational housing needs?
Read on for more information.
The facts
The National Association of REALTORS®’ 2024 Profile of Home Buyers and Sellers spotlighted the multigenerational housing trend after researchers compiled data from a survey of buyers and sellers who completed a transaction between July 2023 and June 2024.
It found that 17 percent of all home buyers surveyed bought a multigenerational home, the highest percentage since the organization began tracking this home-buying category in 2012. The NAR has compiled the annual Profile of Home Buyers and Sellers since 1981.
The top four reasons cited by multigenerational home buyers in the NAR report were cost savings (36 percent), caring for aging parents (25 percent), children over the age of 18 returning home (21 percent), and children over the age of 18 who haven’t launched (20 percent).
Why Plantation Bay
It boasts wonderful attributes, but a few stand out for folks considering multigenerational living.
Plantation Bay’s resident amenities offer activities, environments and events for all ages. Start with 45 holes of golf, two clubhouses (including the iconic Founders Club) with dining, social and event space, a wellness center that anchors two resort-style swimming pools, a poolside cabana, full-service spa, fitness center, tennis, pickleball, basketball and bocce ball courts, and miles of walking trails and sidewalks, plus pocket parks and playgrounds.
A monthly calendar of resident activities appeals to youth, adults, active retirees and vibrant older folks. Pristine Atlantic beaches are a mere 10 minutes east. Plantation Bay’s hometown of Ormond Beach boasts a fun, funky old-Florida vibe, plus burgeoning dining, cultural and art scenes. And Plantation Bay’s gated entrance provides peace of mind for everyone.
Room for all
Plantation Bay encompasses 3,600 acres, much of which will remain as conservation land. But even after more than two decades of growth, that same size means no shortage of new homesites and development phases.
Our Westlake and Prestwick neighborhoods continue to grow with many versatile, award-winning floor plans that range from 2,256 to more than 4,000 square feet. Choose one of our inventory homes for a quick move, or build your own multigenerational abode from scratch.
ICI Homes is known as Florida’s Custom Home Builder, with an entire division — ICI Custom Homes — that can help you sculpt in-law suites, barrier-free living spaces, second-level suites with private entrances for adult children, and much more.
Ready for your Plantation Bay lifestyle? Talk to ICI Homes here.
