Aptly described as 'an epiphany of meandering lanes, grassy knolls and variegated, mature landscaping, Deer Creek is a gated and deed-restricted community located in the heart of Palmer Ranch in Sarasota. ... more.An upscale community, dedicated to preserving its natural surroundings and protecting homeowner privacy, Deer Creek's master plan has been hailed for its unique approach to development and seclusion. There are only 485 homes and maintenance-free villas on just under half of its 285 acres. Many of the Deer Creek's homes were built in the 1990's and have high ceilings, open floor plans and a unique Florida style. Palmer Ranch's Deer Creek has truly found the right balance with the community and a nature preserve with 17 shimmering lakes living in harmony.