The “Traditions” development at the exclusive Grey Oaks community in Naples, Florida, recently announced that construction has started on three luxury villas that are expected to be completed and ready for occupancy by fall 2012. The new construction marks the first milestone against a plan of building out 60 luxury coach homes and 62 single-family villas. The acclaimed Grey Oaks community is located North of Golden Gate Parkway off Airport-Pulling Road. Known for its majestic golf facilities offering 54 holes across three courses, the community also features an elegant country club and facilities.
The proposed single-family villas include three different floor plans to accommodate different lifestyles and range from $690K to the mid-$800s. The
The most expensive condo to sell in Naples, Florida during May 2012 was in Park Shore at the Regent located at 4101 Gulf Shore Blvd. N, #PH-3, Naples, FL. This 4 BR +den / 5 BA / 12,050 SF penthouse condo includes three parking spaces and furnishings. The selling price was $11.7M / $970 SF, which was 82% of the asking price.
Congratulations to selling Realtor Paul Graffy, PA of Premier Sotheby's International Realty for closing this transaction.
Honorable mention for 2nd most expensive Naples condo sold in May 2012 was in Pelican Bay at the Windsor at Bay Colony located at 8477 Bay Colony Drive #801 Naples, FL. This 4 BR +den / 3.5 BA / 6,155 SF condo includes two parking spaces. The selling price was $5.5M / $893 SF, which was 84% of the
Lennar Homes recently started construction at the Treviso Bay golf community with plans for taking advantage of the distinctive wildlife views at nearby Rookery Bay. Lennar Homes acquired the property in late 2011 from previous owner, VK Development, who built the 18-hole bundled golf course with 50 homes in 2007 before ceasing construction and abandoning the project. While the golf course is complete, Lennar Homes expects to start construction on a 40,000 sf clubhouse in the next 18 months for a planned opening in 2014. Current projects include a champions club featuring a pool and extensive fitness facilities.
The reinvigorated Treviso Bay community is expected to feature approximately 1,500 residences ranging in price from $179,000 for the
The recognition by the national press that Naples is a special place continues with a ninth place ranking by Smithsonian Magazine in its ranking of the Best Small Towns in America. This recognition follows the recent ranking of Naples as the second happiest seaside town in America.
To those of us who truly love Naples, it is no surprise to see these accolades reigning down on our fine town. Factors cited by the Smithsonian in picking Naples for this recognition are the active cultural experience including the Naples Zoo, the Naples Players, the Naples Art Association, the Naples Historical Society and the Naples Philharmonic.
Beyond the cultural organizations, the art galleries, beaches, shopping and restaurants all add to the attractiveness of the