Two Heritage Bay Condos Sold!

Two Heritage Bay Condos Sold to two great couples buying a vacation home in one of Naples top bundled golf communities! Working with Naples Golf Guy team member, Mike Pepple, both couples found the perfect units even before they even hit the market!

Heritage Bay Golf Condos Just Sold

– 10285 Heritage Bay Blvd. Unit 817 Naples, FL

– 10285 Heritage Bay Blvd. Unit 835 Naples, FL

More About these Heritage Bay Condos:

Both condos are located in the same building and boast fabulous golf and lake views! A full golf membership is included with the purchase of these condos in this bundled golf community with 27 holes. They offer an open floor plan and high ceilings with plenty of light giving the new owners an open spacious feeling.

• Bedrooms: 2
• Bathrooms: 2
• Square ft.: 1,200
• Year Built: 2006

More About Heritage Bay Heritage Bay Golf & Country Club

Heritage Bay is a bundled golf community located in North Naples.  Your membership fees will be included in the purchase of the home and monthly dues are included in your regular community fees.  The golf course was designed by Gordon Lewis and Jed Azinger and includes spacious fairways and undulating greens.

Also, there is a large practice area with an aqua range and short game area with an 11,000 square foot putting green. In addition to golf, residents will enjoy access to Har Tru Tennis Courts, Pickle Ball, Wellness Center, Resort Style Pool and indoor outdoor pool café.

Naples Florida Heritage Bay single family homes range from $799,000 to $995,000 and condos range from $186,000 to $499,000.  There are only 7 single family homes on the market right now. Learn more about Heritage Bay…

Begin Your Own Property Search for the Best Luxury Golf Properties:

Vineyards Home Sold in Tierra Lago

This Vineyards Home in Tierra Lago Just Sold to a fantastic couple from Colorado! Located in The Vineyards Country Club, this single family home is part of one of the few golf communities with two golf courses.

Tierra Lago Home – 993 Tierra Lago Way – List Price $975,000

More About This Tierra Lago Home in The Vineyards

This single family home has a spectacular long view of the golf course and is nestled in one of the most private neighborhoods in the Vineyards – Tierra Lago. A very large large open floor plan with high ceilings.  A large lanai with pool and spa with plenty of room for entertaining and relaxing after a round of golf with your family.

• Three Bedrooms plus Den
• Three Bathrooms
• 3,983 Square Feet Under Air
• Golf Course View
• Built in 1999

More About the Vineyards Country Club

Membership in The Vineyards Country Club is optional. This private golf club offers 36 holes of championship golf, world-class practice facilities as well as 12 tennis courts, and a brand new state of the art fitness center and spa with a resort-style pool. For those interested in additional outdoor amenities, the club includes walking paths and pickleball.

The clubhouse was recently renovated and offers members multiple dining options available. There are several membership options at The Vineyards, so there’s something for everyone! This private country club is centrally located with convenient access to downtown Naples, Mercato, the expressway, beaches and north Naples. Additionally, just outside the community is award winning Physicians Regional Hospital providing easy access to healthcare.

A fantastic luxury home, in an award-winning community, in the perfect location!

Find Your Dream Home

Another Bonita National Condo Under Contract!

Congratulations to our clients who now have their Bonita National condo under contract. This fantastic unit is located in one of the newest private bundled golf communities in Bonita Springs and includes a FULL GOLF MEMBERSHIP!

 28551 Carlow Ct. Unit 1101, Bonita Springs FL 34135 – List Price $529,000

More about this Bonita National Condo Under Contract:

This beautiful Florence floor plan condo has one of the best views in the community, with a beautiful panorama of the signature 13th hole. A short walk from the main Clubhouse, you also have your own satellite pool steps away. This condo has been meticulously taken care of – freshly painted, brand new carpet, crown molding, granite countertops, and stainless steel appliances. Enjoy your morning coffee or happy hour beverage on your large tiled lanai overlooking the picturesque pond and plenty of wildlife.

• List Price $529,000
• Three Bedrooms
• Two Bathrooms
• 1,883 Square Feet
• Built in 2015

To schedule a private tour, contact Mike Pepple at 239-777-8870.

It’s important to note, membership options vary in Bonita National. This condo has a full golf membership while others only have a social membership. It’s not always obvious by listings online if the property includes golf so we highly recommend you work with a real estate agent to make sure you find the property which meets your needs. If you’re looking for properties in Bonita National or another golf community in southwest Florida we would be happy to be your guide.

More About Bonita National

Bonita National Golf and Country Club includes an 18-hole championship golf course designed by Gordon Lewis. In addition to golf, the community now has several upscale amenities. A 40,000 square foot clubhouse is situated in the center of the community.

Also, all residents have the opportunity to enjoy brand new amenities including an activity center, tennis courts, fitness center with top-of-the-line equipment, day spa, resort-style swimming pool with screened-in cabana bar, and 200 acres of lakes and walking trails available to residents.

View more information about Bonita National Golf and Country Club and properties for sale…

Considering Selling Your Naples Home? Why Work with an Experienced Real Estate Team

Golf Community Featured Homes for Sale

Check out our featured homes for sale in some of the top golf communities in Naples, Bonita Springs, Estero and Fort Myers! Are you ready to buy or sell a luxury golf home in Southwest Florida?

There are more than 150 golf courses in southwest Florida. Over 90% of these golf courses require you to be a resident or purchase a social or golf membership. From private equity golf clubs to bundled golf communities, we have a home or condo which will fit your lifestyle.

Also, if you’re wondering why you should choose Southwest Florida, in addition to significant tax advantages (did I mention there is no state income tax, low property taxes and no inheritance tax?), we also have perfect weather and an abundance of outdoor activities, shopping, and dining to suit everyone’s lifestyle.

So, whether you are considering relocating to our area or you are looking to buy your dream home, a second, third or fourth home, check out some of the Top Private Golf Clubs and golf homes for sale in Southwest Florida Golf Communities on the market today!

Featured Homes For Sale in Southwest Florida Golf Communities

Talis Park – 16643 Isola Bella Ln. Naples, FL 34110– $4,450,000 Under Contract! More about New Construction

Luxury Single Family New Construction Home (Naples)

4 Beds plus a Den, 4 Full Baths and 3 Half Baths

5,582 Sq. Ft.

New Construction

Private Naples Golf Community – 18 holes – Upfront Initiation Fee for Membership

(More about this property) – (More about Talis Park) – (Talis Park Single Family Homes) – (Talis Park Condos)

Treviso Bay – 9945 Montiano Dr., Naples FL 34113 – List Price – $2,595,000 (New Construction Home Available)

Single Family Luxury Golf Home (Naples)

4 Beds Plus Den and 4 Full Baths and 1 Half Bath

4,427 Sq. Ft.

Built 2020 (New Construction) More about New Construction

Private Naples Golf Community – 18 holes – Bundled Golf Community

(More about this property) –  (More about Treviso Bay) – (Treviso Bay Single Family Homes) – (Treviso Bay Condos)

Collier’s Reserve – 12278 Colliers Reserve Dr. Naples, FL 34110–  List Price $1,995,000 Under Contract!

Single Family Home (Naples)

3 Bedrooms Plus 2 Dens and 4 Bathrooms

3,914 Sq. Ft.

Built 1998

Private Naples Golf Community- 18 holes – Upfront Initiation Fee

(More About This Property) – (More about Colliers Reserve) – (Colliers Reserve Single Family Homes)

Collier’s Reserve – 987 Barcarmil Way Naples, FL 34110–  List Price $1,199,000 Just Listed!

Single Family Home (Naples)

3 Bedrooms Plus 2 Dens and 4 Bathrooms

3,914 Sq. Ft.

Built 1998

Private Naples Golf Community- 18 holes – Upfront Initiation Fee

(More About This Property) – (More about Colliers Reserve) – (Colliers Reserve Single Family Homes)

Wildcat Run – 20244 Puma Trail, Estero FL 33928 – Sales Price – $984,500 – Just Sold!

Single Family Home (Estero)

4 Beds and 3 Full Baths

3,118 Sq. Ft.

Built 2002

Private Estero Golf Community – 18 holes – Upfront Initiation Fee

(More about this property) –  (More about Wildcat Run) – (Wildcat Run Single Family Homes) – (Wildcat Run Condos)

The Vineyards – 993 Tierra Lago Way Naples FL 34119 – List Price $969,000 – Under Contract!

Single Family Home (Naples)

3 Bedrooms Plus Den and  3 Bathrooms

3,983 Square Feet

Built 1999

Private Naples Golf Community- 18 holes – Upfront Initiation Fee

(More About This Property) – (More about The Vineyards) – (Vineyards Single Family Homes) – (Vineyards Condos)

Shadow Wood – 10350 Plumbago Pointe Dr., Estero FL 34135 – List Price – $950,000 – Just Sold!

Single Family Home (Estero)

3 Beds and 3 Full Baths and 1 Half Bath

2,472 Sq. Ft.

Built 2004

Private Estero Golf Community – 54 holes – Upfront Initiation Fee

(More about this property) –  (More about Shadow Wood) – (Shadow Wood Single Family Homes) – (Shadow Wood Condos)

Greyhawk at Golf Club of the Everglades – 9488 Greyhawk Trail – Under Contract!

Single Family Home (Naples)

Under Construction

Pinnacle Floor Plan

2021 Delivery

Private Naples Golf Community- 18 holes – Upfront Initiation Fee (Membership Optional)

(More about Golf Club of the Everglades) – (Greyhawk Single Family Homes)

Talis Park – New Construction – Under Contract!

Attached Villa (Naples)

Under Construction

2021 Delivery

Private Naples Golf Community- 18 holes – upfront initiation fee

(More about Talis Park) – (Talis Park Single Family Homes) – (Talis Park Condos)

Worthington – 13891 Tonbridge Ct., Bonita Springs FL 34135 – List Price $565,000 – Just Sold!

Single Family Home (Bonita Springs)

3 Bedrooms Plus Den and 2 Bathrooms

2,147 Square Feet

Built 1995

Private Bonita Springs Golf Community- 18 holes – Bundled golf community

(More About This Property) – (More about Worthington) – (Worthington Single Family Homes) – (Worthington Condos)

Bonita National – 28551 Carlow Ct. Unit 1101, Bonita Springs FL 34135 – List Price $529,000 – Just Listed!

Condo (Bonita Springs)

3 Bedrooms 2 Bathrooms

1,883 Square Feet

Built 2015

Private Bonita Springs Golf Community- 18 holes – Bundled golf community

(More About This Property) – (More about Bonita National) – (Bonita National Single Family Homes) – (Bonita National Condos)

Vanderbilt Country Club – 8239 Parkston Pl. Unit 207, Naples FL 34120 – Sales Price $455,000 – Under Contract!

Condo (Naples)

2 Beds Plus Den and 2 Full Baths

1,444 Sq. Ft.

Built 2000

Private Naples Golf Community- 18 holes – Bundled Golf Community

(More About This Property) – (More about Vanderbilt CC) – (Vanderbilt Single Family Homes) – (Vanderbilt Condos)

Heritage Bay – 10285 Heritage Bay Blvd. Unit 835, Naples FL 34119 – Sales Price $235,000 – Just Sold!

Condo (Naples)

2 Beds and 2 Full Baths

1,200 Sq. Ft.

Built 2006

Private Naples Golf Community- 18 holes – Bundled Golf Community

(More about Heritage Bay) – (Heritage Bay Single Family Homes) – (Heritage Bay Condos)

Heritage Bay – 10285 Heritage Bay Blvd. Unit 817, Naples FL 34119 – List Price $235,000 – Under Contract!

Condo (Naples)

2 Beds and 2 Full Baths

1,232 Sq. Ft.

Built 2006

Private Naples Golf Community- 18 holes – Bundled Golf Community

(More about Heritage Bay) – (Heritage Bay Single Family Homes) – (Heritage Bay Condos)

Begin Searching for You Own Luxury Golf Property:

August Housing Update for Lee County

The Lee County August housing update showed there was more than $851 Million in properties closed during August, up from $720 Million last year. Due to limited inventory, closed sales dipped slightly for both single family homes and condos in Bonita Springs, Estero and Fort Myers. Also notable was the percentage of transactions which were cash which fell to 42 percent compared to 65 percent during the previous month.

Although inventory of homes for sale dropped 60 percent, there actually 2,200 new listings which came on to the market during the month. While new properties were added daily during the month, the demand remained higher than the market was able to accommodate. The median time to contract was just 13 days. So, if you are considering buying, there are new opportunities every day. However you need to be prepared to move very quickly.

Also, due to the continued significant buyer demand combined with so few properties for sale, home values continued there upward trend. Both the average and median sales price increased more than 20 percent. As such, sellers continued to sell their homes at list price or close to list price. So, the bottom line, it remained a seller’s market.

If you are thinking of selling, you are in the driver’s seat. Contact us today to learn about your home’s value in today’s market. It may be more than you realize.

August Housing Update – Single Family Homes

August 2021 versus August 2020 Single Family Home Highlights:

• Closed sales decreased 2.7 percent going from 1,401 transactions down to 1,363 sales.
• Pending sales decreased 10.2 percent down from 1,796 last August versus 1,612 this August.
• Inventory fell 45 percent down to 1,764 properties for sale compared to this same time last year when 3,209 homes were for sale.
• New listings increased from 1,547 up to 1,602 which was a 3.6 percent increase.
• Median days on market decreased to 13 days which is an 74.5 percent decrease versus August of 2020.
• Available inventory of single family homes ended August with a 1.1 month supply of homes available for sale, or a 60.7 percent decrease.

Once again, inventory was limited. And although overall new listings increased for the 5th straight month, it wasn’t enough to keep up with the high buyer demand. For those properties that went to market, if the home was priced correctly, there were multiple offers within the first couple of days which contributed to the increase in prices. As a result, the median sales price rose 27.1 percent in August compared to the same time last year.

A trend which continued to be prevalent last month were the number of properties which never hit the market and were sold before they were listed. For example, our team went to contract on 4 properties prior to the homes being listed.

Seller’s continue to have the advantage in the sales process. If you are considering buying a property, patience and persistence is the key to finding the right home. New listings are hitting the market every day, we can help you with automatic property alerts.

If you are selling your home, now would be a great time to cash in on the high buyer demand. You might be surprised to learn how much your home is worth in today’s market.

What is my home worth…

August Housing Update – Condos and Townhomes

August 2021 versus August 2020 Condo Highlights:

• Condo sales decreased 0.3 percent going from 631 real estate transactions down to 629 sales.
• Pending sales decreased 19.6 percent down from 822 last August to 661 this August.
• Inventory decreased 78 percent down to 535 condos for sale compared to last August when there were 2,431 units for sale.
• New listings decreased from 698 down to 598 which was a 14.3 percent decrease.
• Median days to contract fell to 11 days which represented an 86.1 percent decrease versus August of 2020.
• Available inventory of condos ended August with a less than 1 month supply of properties available for sale which was an 86.7 percent decline.

Unlike the prior month, condo sales decreased during the month. Additionally, condo inventory declined, while single family inventory saw a modest increase. However, just like the single family home market, the low inventory and high buyer demand caused the median sales price to increase from $205,000 up to $260,00 which was a 26.8 percent increase compared to August of last year.

Bottom line, it remains a seller’s market for both condos and single family homes. Are you considering selling? Let’s connect!

Southwest Florida July Housing Update

Naples Golf Guy Monthly Market Report – NEW!!!

Lee County August Housing Update Single Family Homes

Lee County August Housing Update Condos

SWFL Luxury Golf Community Trends

Naples Area Market Report

Naples Luxury Real Estate Trends

Begin Your Own Search for a Southwest Florida Vacation Home or Second Home:

So, if you’re ready to begin your search for your dream home or condominium in Southwest Florida, we encourage you to explore our website to find information about communities in the area.  If golf is your game, we specialize in golf community real estate.

September 26th, 2021, Posted by NaplesGolfGuy

SWFL Gated Golf Community Trends

Are you looking for the latest SWFL Gated Golf Community Trends? For the most comprehensive coverage of golf community information in Naples, Bonita Springs, Estero or Fort Myers, explore our site for answers to all of your questions.

There are over 150 golf communities in the area, 90 percent of which have a private golf course within the community. With all of the various membership options, course designs, amenities and a wide area of home types available, it can be a challenge to select the right golf community to fit your lifestyle.

So, if you are searching for information on one of the best private golf course communities in Naples, Bonita Springs, Estero or Fort Myers, below you will find highlights for the latest real estate statistics for single-family golf homes and golf condos in our area.

SWFL Gated Golf Community Trends – Single Family Home Sales

Naples Florida Luxury Golf  Community Real Estate Trends (Single Family Luxury Homes)

Audubon Country Club – 2 properties for sale, 62 properties closed over the past 12 months and average sales price $1,288,661

Collier’s Reserve – 1 property for sale, 22 properties closed over the past 12 months and average sales price $1,533,750

Greyhawk at GC of the Everglades – 3 properties for sale, 37 properties closed over the past 12 months and average sales price $819,440

Grey Oaks – 5 properties for sale, 90 properties closed over the past 12 months and average sales price $2,901,056

Kensington – 0 property for sale, 19 properties closed over the past 12 months and average sales price $982,605

Lely Resort – 9 properties for sale, 246 properties closed over the past 12 months and average sales price $785,172

Mediterra – 5 properties for sale, 91 properties closed over the past 12 months and average sales price $2,258,195

Olde Cypress – 0 properties for sale, 60 properties closed over the past 12 months and average sales price $973,671

Pelican Bay – 4 properties for sale, 64 properties closed over the past 12 months and average sales price $2,858,767

Pelican Bay (Estates at Bay Colony) – 0 properties for sale, 8 properties closed over the past 12 months and average sales price $5,340,625

Pelican Marsh – 1 property for sale, 103 properties closed over the past 12 months and average sales price $1,583,784

Quail Creek – 3 properties for sale, 34 properties closed over the past 12 months and average sales price $1,621,147

Quail West – 8 properties for sale, 96 properties closed over the past 12 months and average sales price $2,536,401

Talis Park – 0 properties for sale, 31 properties closed over the past 12 months and average sales price $2,743,966

Tiburon – 1 property for sale, 23 properties closed over the past 12 months and average sales price $2,138,228

Treviso Bay – 4 properties for sale, 54 properties closed over the past 12 months and average sales price $1,385,045

Vineyards – 7 properties for sale, 96 properties closed over the past 12 months and average sales price $839,335

Bonita Springs Florida Luxury Golf Community Real Estate Trends (Single Family Luxury Homes)

Bonita Bay – 6 properties for sale, 96 properties closed over the past 12 months and average sales price $1,660,021

Palmira – 0 properties for sale, 56 properties closed over the past 12 months and average sales price $600,438

Pelican Landing – 2 property for sale, 95 properties closed over the past 12 months and average sales price $873,905

Pelican Landing (The Colony) – 1 property for sale, 24 properties closed over the past 12 months and average sales price $1,597,292

Estero Florida Luxury Golf Community Real Estate Trends (Single Family Luxury Homes)

Miromar Lakes – 6 properties for sale, 85 properties closed over the past 12 months and average sales price $1,658,381

Pelican Sound –  0 property for sale, 10 properties closed over the past 12 months and average sales price $758,700

Shadow Wood – 2 properties for sale, 76 properties closed over the past 12 months and average sales price $1,036,671

West Bay Club – 1 property for sale, 47 properties closed over the past 12 months and average sales price $1,193,661

Fort Myers Luxury Golf Community Home Trends (Single Family Luxury Homes)

Gulf Harbour Yacht and Country Club – 4 properties for sale, 59 properties closed over the past 12 months and average sales price $689,614

The Forest – 0 properties for sale, 32 properties closed over the past 12 months and average sales price $524,669

SWFL Gated Golf Community Trends – Condo Sales

Naples Florida Luxury Golf Community Trends (Condos)

Grey Oaks – 0 properties for sale, 20 properties closed over the past 12 months and average sales price $1,050,795

Hammock Bay – 4 properties for sale, 78 properties closed over the past 12 months and average sales price $548,525

Kensington – 0 properties for sale, 38 properties closed over the past 12 months and average sales price $475,709

Lely Resort – 20 properties for sale, 293 properties closed over the past 12 months and average sales price $335,193

Mediterra – 2 properties for sale, 36 properties closed over the past 12 months and average sales price $619,292

Pelican Bay – 21 properties for sale, 459 properties closed over the past 12 months and average sales price $1,184,029

Pelican Marsh – 1 property for sale, 132 properties closed over the past 12 months and average sales price $453,071

Talis Park – 3 properties for sale, 65 properties closed over the past 12 months and average sales price $1,053,675

Tiburon – 1 property for sale, 63 properties closed over the past 12 months and average sales price $829,976

Treviso Bay – 3 properties for sale, 171 properties closed over the past 12 months and average sales price $339,551

Vineyards – 6 properties for sale, 184 properties closed the over past 12 months and average sales price $423,702

Bonita Springs Florida Luxury Golf Community Housing Trends (Condos)

Bonita Bay – 16 properties for sale, 202 properties closed over the past 12 months and average sales price $940,766

Palmira – 0 properties for sale, 28 properties closed over the past 12 months and average sales price $349,632

Pelican Landing – 1 property for sale, 117 properties closed over the past 12 months and average sales price $385,145

Pelican Landing (The Colony) – 6 properties for sale, 129 properties closed over the past 12 months and average sales price $1,004,995

Estero Luxury Golf Community Housing Trends (Condos)

Miromar Lakes – 2 properties for sale, 110 properties closed over the past 12 months and average sales price $675,513

Pelican Sound – 0 properties for sale, 35 properties closed over the past 12 months and average sales price $311,483

Shadow Wood – 0 properties for sale, 40 properties closed over the past 12 months and average sales price $411,380

West Bay Club – 0 properties for sale, 38 properties closed over the past 12 months and average sales price $662,234

Fort Myers Florida Luxury Golf Community Housing Trends (Condos)

Gulf Harbour Yacht and Country Club – 8 properties for sale, 128 properties closed over the past 12 months and average sales price $555,780

SWFL Gated Golf Community Trends Summary

Overall, inventory for Luxury golf properties in our area remains low. The good news is there are new listings coming to the market every day. If you are considering buying a luxury golf home, you will need to be prepared to move quickly.

While you are waiting for the right home to hit the market, we can help you identify which golf community or communities will fit your lifestyle and fit your criteria for amenities in your price range. With thee various fees associated with each golf community, it can be a challenge to determine what the total obligation will be for membership initiation fees as well as the annual obligation for membership dues and home owners association fees.

Since each community varies we recommend you use a real estate agent familiar with golf communities to navigate your way through your options. We’ve been helping connect buyers and sellers in golf communities for almost 20 years.

If you do not see a snapshot of the southwest Florida luxury private golf club community you are interested in, contact us for complete market analysis.

Colliers Reserve Open House Sunday 1-4 PM

Stop by our Colliers Reserve open house this Sunday, September 26th from 1-4 PM at 987 Barcarmil way! A RARELY AVAILABLE home in a luxury Naples Golf Community.

Open House – 987 Barcarmil Way, Naples, FL 34110 – List Price $1,199,000

More About This Colliers Reserve Open House and Luxury Golf Home for Sale

This single-family ranch-style home overlooks the 9^th hole of the picturesque Audubon Sanctuary designated golf course. Enjoy the private setting from your own pool and spa on a large lanai with a new pool cage. A custom-designed home with 3 bedrooms plus den and 3 bathrooms, providing plenty of room for the entire family. Interior features include soaring 14-foot and 12-foot ceilings wide open floor plan with split bedrooms.

This is your chance to buy a home in an exclusive community with just 224 custom homes. Collier’s Reserve is nestled along the Cocohatchee River within 450 acres offering both Gulf-Access and world-class golf only 2 miles from the beach!

• Three Bedrooms Plus Den
• Three Full Bathrooms
• Two Car Garage
• Golf Course View
• 2,754 Square Feet Under Air
• Built in 1995

View video tour….

More About Collier’s Reserve

Collier’s Reserve is a private gated golf community featuring an 18-hole championship golf course designed by Arthur Hills. In addition to golf, the club offers a wide array of amenities including a state-of-the-art fitness center, lap pool, bocce ball courts, pickleball courts, Har-Tru tennis courts, doggie park and a unique opportunity to kayak to the Gulf of Mexico from the private boathouse.

Designated as one of the healthiest clubs in America, members of this private country club are focused on health and wellness through both physical activities as well as dining options.

Conveniently situated near world class shopping and fine dining, Collier’s Reserve is a must see community.

Learn more about Collier’s Reserve…

Naples Luxury Real Estate Trends

The Naples Luxury real estate market has evolved over the past year and a half due to a shift in lifestyle choices and housing needs for today’s luxury home buyers. While the past few months have seen the return to a more normal level of activity, prices are still trending upwards which is largely due to the limited inventory.

In popular luxury markets such as Naples, with little or no inventory, compromise may be the only option. While most luxury buyers would prefer a modern home that’s move-in ready, they are few and far between.  However, even though it’s not your first choice, ultimately buying a luxury property or fixer-upper may be your best option in the long run.

Buying a property in a prime location and investing in home improvements allows affluent buyers to keep up with price appreciation. Then, when inventory improves and the right property comes along, luxury buyers will be able to take advantage of their home appreciation to move up into their ideal home.

Shift In Luxury Buyer Priorities

Last year, the larger the home the better. Buyers were looking for more space, privacy and safety no matter the cost. One of the major motivators for buying a second, third or vacation home was been the ability to work from home or anywhere.

Since remote working is the new normal, people continue to seek out homes with a home office. Other luxury amenities in high demand include a fitness center,  home theatre and the ultimate outdoor oasis with a large lanai, outdoor kitchen, swimming pool and spa and don’t forget the spectacular view.

A notable change over the last 6 months, is a shift towards mid-sized homes which are starting to become the sweet spot for luxury buyers. There’s still plenty of space, but not so much space they become overwhelmed.

Finally, diversity in location has been important to luxury buyers who have purchased second homes in a resort town such as Naples as well as a home in a remote mountain town including Aspen or Steamboat.

Real Estate Investment Trends

According to the annual Knight Frank wealth report, interest in Resort or Coastal areas were the most commonly desired property types over the past year. Additionally, the report predicted multiple investment trends of Ultra High Net Worth Individuals (UHNWI) for 2021.

One of which is the view residential real estate will dominate real estate investments in part due to the volatile equity markets and inflation fears.

Other reasons luxury buyers are attracted to Florida, we are a very tax friendly state. Not only is there no state income tax, we also do not have estate or inheritances taxes. In Southwest Florida, if you designate your Florida home as your primary home, your property taxes will also be low compared to most other states.

Naples Luxury Real Estate Trends for August

For the past 12 months ending in August overall there was a 96.3 percent increase in the number of homes sold above $2 Million. Single family homes in this price category saw a 102.1 percent increase and condos saw an 82.9 percent increase.

For Luxury homes priced between $1 million and $2 million the overall increase in the number of closed sales was 95 percent.

Naples continues to be a top destination for luxury home buyers. If you are considering buy a home in the area, let’s connect to discuss your options.

Naples Luxury Real Estate Sales in Luxury Golf Communities For August

• $7,000,000 – 9779 Bent Grass Bend in Estates at Bay Colony with 8,458 square feet
• $6,700,000 –  1125 Dormie Dr. in Estates at Bay Colony with 6,768 square feet
• $5,450,000 –  1254 Waggle Way Estates at Bay Colony with 6,537 square feet
• $5,350,000 – 7575 Pelican Bay Blvd. Pent House Unit 1904 in Pelican Bay with 5,320 square feet
• $5,075,000 – 8231 Bay Colony Dr. Unit 1701 in Pelican Bay with 3,380 square feet
• $4,995,000 – 1460 Anhinga Pt. in Estuary at Grey Oaks with 5,950 square feet
• $4,900,000 – 2593 Escada Dr. in Tiburon with 6,017 square feet

View large single family homes for sale in Naples golf communities…

View large single family Naples luxury homes for sale…

Are you ready to buy your own slice of paradise?

September 25th, 2021 Posted by Matt

Naples August Real Estate Recap

The current Naples August real estate recap for the area showed 1,033 properties sold for just over $800 Million during August! The highest priced property sold for $18,500,000 in Port Royal. And, the luxury market remains strong as evident by the 167 properties sold at or above $1 Million.

So, many buyers have been asking about the Naples housing market. In fact, several buyers have taken a step back and put their search on hold. Sound familiar?

Nationwide headlines are saying home sales are slowing, listings and prices are declining. However, it is important to differentiate between national trends and local trends.

Short of having a crystal ball which will tell the future of the housing market, what I can share is Naples is unique.  We are a resort town located on the Gulf Coast in a tax friendly state with fantastic weather.

While certain areas of the country have seen demand start to subside, Naples remains a prime destination for a second home or vacation home. First, the work from home trend continues to drive home buyers to resort and remote destinations such as Naples.  In fact, Chief Economist Lawrence Yun has shared how Vacation-Home Sales Are Defying The Housing Market Slowdown. According to Yun, “vacation-home sales will continue to move higher, this year, next year, and for the foreseeable future.”

Additionally, baby boomers are retiring in record numbers and earlier than expected as their lifestyle is driving their desire to relocate to be near family or a warmer climate in an active community.

Finally, we are about to see an influx of international buyers who have been on the sidelines for the past year and half due to travel restrictions.  With the easing of travel polices, we anticipate an influx of foreign buyers this fall.

While experts don’t expect homes to appreciate at the same level they did over the past year, they do expect home prices to continue to increase. For those who are expecting to see a pull back, while that may be true in some areas of the country, it’s highly unlikely to be the case in Naples Florida.

Naples Real Estate Trends

Demand for homes in the Naples area remained very strong during the month of August. Despite limited inventory, we did see 992 new listings come to market and overall inventory continues to hover around 1200 homes for sale. To give you a sense of how strong activity was, REALTORS® did virtual showings or escorted buyers on more than 30,000 home showings during the month.

The high showing activity combined with a significant decrease in days on market to 22 days means most homes were listed, shown and sold in less than 30 days.

August 2021 versus August 2020 Highlights

• Closed sales decreased 8 percent compared to August of last year.
• Overall pending sales decreased 26 percent versus the same time period.
• Inventory dropped 77 percent down from 5,503 homes to 1,249 homes for sale.
• Average days on market fell 77 percent down to 22 days.

Due to the decrease in inventory combined with the strong buyer demand, single family home sales fell 10.5 percent during the month. Similarly, condo sales declined 5 percent compared to August of 2020. More importantly, the median home sales price for single family homes rose 31.6 percent and condos rose 16.9 percent.

Historically, median closed prices tend to dip during the summer months, however, that trend did not hold true this year. In fact, the median sale price in August was $75,000 higher than the median closed price reported in January.

Similar to previous months, we continued to see multiple offers submitted on properties and often within hours of a new listing hitting the market. The Naples Golf Guy Team recently listed a home in a luxury golf community and within 24 hours, we had 12 showings and 3 offers, all of which were above list price.

We continue to see an increase in homes go under contract before they were even listed on the open market. Established agents who have been in the market for years in our area have extensive networks. For example, if you are considering a golf community, we do have new listings about to come on line which and we also have buyers ready to purchase homes in multiple golf communities.

Additionally, with almost 20 years of experience, we also have connections with other Realtors in the industry who we can connect with to learn if they have upcoming listing in a specific neighborhood. And due to our connections with membership directors throughout Southwest Florida, many will let us know if another agent is about to list a home. As such, we currently have 4 contracts pending for properties which never hit the market.

So, if you are considering purchasing a home, let’s connect. We have the network and the experience in finding off market listing and negotiating deals with multiple offers. Keep in mind, you will need to be prepared to move quickly if you see something you are interested in purchasing.

If you’re considering selling, you remain in the driver’s seat. Home prices continue to appreciate, inventory is low and demand is high. All of which make it a seller’s market. Let’s connect to discuss your home’s value in today’s market. It is likely worth more than you think.

What is my home worth…

Considering Selling Your Naples Home? Why Work with the Naples Golf Guy Team

August Naples Real Estate Recap Reports

2021 August Real Estate Recap

Luxury Golf Community Trends

September 24th, 2021 Posted by NaplesGolfGuy

 New Colliers Reserve Listing!

This Colliers Reserve Listing just went live! A RARELY AVAILABLE Colliers Reserve Home offered by The Naples Golf Guy Team is located in one of the best gated golf communities in Naples, Florida.

New Collier’s Reserve Listing – 987 Barcarmil Way, Naples, FL 34110 – List Price $1,199,000

More About This Colliers Reserve Listing

This single-family ranch-style home overlooks the 9^th hole of the picturesque Audubon Sanctuary designated golf course. Enjoy the private setting from your own pool and spa on a large lanai with a new pool cage. A custom-designed home with 3 bedrooms plus den and 3 bathrooms, providing plenty of room for the entire family. Interior features include soaring 14-foot and 12-foot ceilings wide open floor plan with split bedrooms.

This is your chance to buy a home in an exclusive community with just 224 custom homes. Collier’s Reserve is nestled along the Cocohatchee River within 450 acres offering both Gulf-Access and world-class golf only 2 miles from the beach!

• Three Bedrooms Plus Den
• Three Full Bathrooms
• Two Car Garage
• Golf Course View
• 2,754 Square Feet Under Air
• Built in 1995

View video tour….

More About Collier’s Reserve

Collier’s Reserve is a private gated golf community featuring an 18-hole championship golf course designed by Arthur Hills. In addition to golf, the club offers a wide array of amenities including a state-of-the-art fitness center, lap pool, bocce ball courts, pickleball courts, Har-Tru tennis courts, doggie park and a unique opportunity to kayak to the Gulf of Mexico from the private boathouse.

Designated as one of the healthiest clubs in America, members of this private country club are focused on health and wellness through both physical activities as well as dining options.

Conveniently situated near world class shopping and fine dining, Collier’s Reserve is a must see community.

Learn more about Collier’s Reserve…