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Real Estate Market Condition in Killearn Acres

In Northeast Tallahassee, Florida, is a 900 acre of well-established neighborhood called Killearn Acres, which is close to the following service entities: shopping malls, restaurants, a library, medical facilities, churches and excellent schools. With 1, 465 family home sites in Killearn Acres and lot sizes range from 0.22 acre to just over an acre, marketing of these homes may be challenging but feasible as there are about just 20 vacant homes left.

Killearn Acres is popularly known as Tallahassee’s Kentucky Derby community and this can be gleaned from their streets which are named after Kentucky Derby horse racetrack winners. The first houses were built in the late 1970s using materials, such as wood, brick, stone, vinyl siding and Hardie board. Even with the rise of additional homes in Killearn Acres, some old homes continue to show evidences of an earlier era structure.

In Killearn Acres, the typical home structure is described as a 3-bedroom, 2-bathroom structure with nearly all having a fireplace, a storage shed, 1 or 2 car garage and around 6% have a backyard pool. In Killearn Acres, because of its vast land property, two existing parks have been built, exclusively for the enjoyment and recreation of its residents and guests, and these are: the Pimlico Park, which has a pond for boating and fishing and portion of land for a baseball games, and the Man-o-War Park which is basically designed for young children with its colorful climbing play equipment.

The homeowners association in Killearn Acres actively works hard to maintain order, safety and protection in the neighborhood, as well as the Acres’ overall beautification and value. Among its hectic functions, the homeowners association has created a website, known to be the most informative in Tallahassee, which provides local news, weather, as well as community events, documents, and even minutes of board meetings. Since Killearn Acres is located outside the city limits, the City of Tallahassee provides water and electricity to the area, but not public sewers, so the homeowners took the responsibility of maintaining their own septic tanks in exchange for lower utility bills.

The external proximity to the following service amenities in Killearn Acres, such as three schools – elementary, middle, a senior high school, a pharmacy, supermarket and shopping mall, specialty stores, restaurants, medical facilities, and many more, have made homeowners, buyers, and investors are confident and comfortable about living there, and a solid proof of which is the renting for several years of stable-income families.

There are about five existing trails, which can be navigated into Killearn Acres, and some of which can wind up around nearby lakes, parks, but access into and out of the area is limited. It’s either you may not want to leave or you may not be able to leave without a GPS, once you come and visit Killearn Acres.
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