Gracewater began with a simple idea: take a piece of land with more potential than purpose and create something genuinely special. What was once an underused parcel turned golf course became an opportunity to bring thoughtful new homes, beautiful streetscapes, and a stronger sense of community to North Sarasota.
For Privada Homes, this was never simply another development. It was a passion project, named for family and built with the kind of care you have when you know your family will be living alongside the people who call it home. The goal was bigger than building houses. It was to create a place that would help connect North Sarasota to the energy of downtown, bring new opportunities to the area, and as with everything they set out to do, leave the place and the people better than they found them.
That same thinking goes into every Privada home. As a smaller, Sarasota-based builder, Privada believes that doing things right matters, especially when no one is watching. From stronger foundations to larger windows that let the sunshine in, signature galvanized metal roofs and thoughtful spaces designed specifically for Florida living, the details are intentional. The homes are modern coastal in character, distinctly Privada in design, and built with the belief that quality should stand the test of time — in form, function, and value.
Put the NeighborBack in Neighborhood
Most of all, Privada wanted to put the neighbor back in neighborhood: front porches meant for morning coffee, spaces meant for gathering, streets meant to be walked, and a community people can genuinely be proud to call home. Because to Privada, the measure of a successful development isn't simply what you build. It's what you leave behind.
Terry Wolfram & Eldon Eric Johnson
Developers
A Local Vision
The PeopleBehind The Place
We saw something worth investing in. We cared enough to do it differently. And we want the place we built to matter long after the homes are sold.
We are offering a sense of place and presence. A streetscape that is undeniably one-of-a-kind for our area. When you see one, you’ll know it’s a Privada home. When you enter Gracewater, you’ll know it’s where you’re meant to be.
Quick Move-In 
Quick Move-In 