National home builder Lennar is known for developing active adult communities that are integrated as sections of larger master-planned neighborhoods, and this is the case with Prosperity Lakes. Located north of the Florida Railroad Museum and west of Lake Parrish, Prosperity Lakes is a new gated community that caters to various home buyers. The Manors is the 55+ section of Prosperity Lakes; it consists of paired villas and single-family residences for active adults. The Estates is the all-ages section, and it offers townhomes as well as single-family homes with three to six bedrooms.

Similar to other award-winning Lennar neighborhoods in Southwest Florida, the architectural style at Prosperity Lakes is a mix of Mediterranean revival and Craftsman design. The main community recreation center has a clubhouse, swimming pool, tennis courts, and playgrounds. At The Manors, the separate amenities are adequate for 55+ residents. Retirees who enjoy golf can play at the various courses and country clubs surrounding Prosperity Lakes. The nearby Market Walk shopping plaza offers supermarkets and cafes; plus, a farmers market is located just a few miles south.

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