Pelican Bay Sales Soar

pelican_bay_638Pelican Bay is a luxury real estate area in Naples spreading over 2,000 acres nestled between the Naples Grande Beach Resort to its’ south, the Ritz Carlton to its’ North and over 2 miles of the glistening white sand beaches of the Gulf of Mexico to its’ west. Pelican Bay is a neighborhood that provides its residents with many property options from high rise condominiums and coach homes to villas and magnificent single family estate homes.

The sales market in Pelican Bay is thriving. In 2014, 299 condominium units were sold with the highest sale reaching $9,925,000 in the Bay Colony community. 2015 recorded the sale of 277 condominium units with the highest sale at $6,377,000 also in Bay Colony. Now the single family home sales in the Pelican Bay area is where we see the largest increase in sales, and also sale prices. In 2014, 28 single family homes were sold with prices ranging from $605,000 to $6,775,000. In 2015, 37 single family homes were sold with prices ranging from $805,000 to $24,500,000. Mystique, the 2nd to the last super luxury high-rise that is currently being built in Pelican Bay, has units for sale with a starting price of $3,000,000. This particular building is in the preconstruction phase and units are selling very well. Overall, Pelican Bay has many different residential options and price points to provide  potential residents. 

Recent improvements include the total renovation of Pelican Bays’ North Beach restaurant and the renovation of its South Beach restaurant that is scheduled to take place in 2017. Residents have access to private beaches with boardwalks, beachfront restaurants, and exclusive nature preserves with walking trails. Pelican Bay residents are spoiled by being just a few minutes away from world renowned shopping and restaurants, untouched nature preserves, white sand beaches, and some of the best schools in the area.

 

 

sothebys

4001 Tamiami Trail North, Ste.102
Naples, Florida 34103
Phone: 239.659.0099
Cell: 239.571.5339
jutta.lopez@sothebysrealty.com www.JuttaVLopez.com