Naples Reserve saw another strong sales year in 2019
The numbers are in and 2019 was another strong year for sales at Naples Reserve, iStar’s 688-acre community of Southern Coastal-inspired attached villa, single-family and custom estate homes in South Naples. The community saw 226 home sales in 2019, up from 172 sales in 2018.
Planned for a total of 1,088 homes, Naples Reserve has logged 659 home sales since its 2015 opening and has reached 60% sold. The community’s Phase I has exceeded the 75% sold mark, while Phase II is 45% sold.
“We’ve been thrilled to welcome so many new residents in 2019,” said Heather Thompson, Naples Reserve’s marketing manager. “Our strong 2019 sales numbers show that buyers continue to fall in love with the unique, lakefront lifestyle that Naples Reserve offers. And we expect to see continued strong interest in our casually awesome approach to waterfront living.”
New amenities will also debut in 2020 at Naples Reserve. Paws Awhile, the community’s second dog park, will open later in 2020 along with the Kid’s Cove playground area. They will join the new community garden at Naples Reserve, where residents are already growing herbs, vegetables and flowers. Still to come in 2020: a garden of fruit trees and a butterfly garden.
Naples Reserve isn’t just getting attention from buyers. The community and its developer iStar were honored in 2019 with the Collier Building Industry Association’s Sand Dollar Awards for Community of the Year ($500,000 to $1 million) and Best Landscape Design (Over $1 million).
A Blue Zones Project recognized homeowners’ association, Naples Reserve was created amongst 22 lakes, which provide prime opportunities for using the community’s Hydrobikes, kayaks, canoes and paddleboards and enjoying scenic vistas. The 125-acre Eagle Lake features a large tiki hut on destination Kontiki Island, in addition to a mile-long rowing lane nestled against the Picayune Strand State Forest, a 76,000-acre state park with protected pinelands, cypress swamps, marshes and abundant wildlife.
The community’s lakefront, resort-inspired amenities include the $7-million Island Club social center, which features a 5,160-square-foot clubhouse and an adjacent 3,500-square-foot fitness center with state-of-the-art equipment and a movement studio for spinning, Zumba and yoga. Outdoors, an expansive, resort-style, zero-entry pool offers dedicated lap lanes and ample room for relaxation.
Indoor and alfresco gathering areas at the Island Club include a lakeside fire pit and casual beverage and dining options at the Chat ‘n Chill Tiki Bar and Latitudes Cafe. The nearby Outrigger Center offers a variety of watercraft options available for residents’ use and serves as the departure point for cruises on the community’s two Duffy electric boats for exploring Eagle Lake and Kontiki Island. Naples Reserve also offers homebuyers along Eagle Lake and the mile-long rowing lane the opportunity for a personal floating boat dock.
At the lakefront Match Point complex, residents can challenge their neighbors to some friendly competition on five tennis and four pickleball courts. Nearby, the Walk & Wag dog park provides a place for residents and four-legged friends to enjoy together.
Navigating a loop road circling Naples Reserve, the meandering linear park is designed to engage residents within their natural environment and provide an alternative mode of transportation throughout the community, including biking, hiking and jogging.
Naples Reserve offers 18 fully decorated models available for viewing built by Southwest Florida’s premier homebuilders, including Ashton Woods, D.R. Horton, Florida Lifestyle Homes, KTS Homes, Lundstrom Development, Marvin Development, McGarvey Custom Homes and Stock Signature Homes. Homes are priced from the low $300,000s to more than $1 million.
Naples Reserve is located off U.S. 41, 2 miles southeast of the Collier Boulevard/CR 951 intersection and 10 minutes from I-75, Exit 101. Visit the community at 14885 Naples Reserve Circle or online at www.naplesreserve.com.
About iStar Land & Development:
iStar Land & Development creates unique communities, considering the best use of the land with a focus on future residents. iStar has financed and invested in over $10 billion of residential projects since 1993, making it one of the largest investors in luxury condominium, multifamily and master-planned residential developments in the U.S. Its portfolio has included interests in over 18,000 condominium units in the nation’s top markets, and 65,000 acres in master-planned communities with the potential for an estimated 50,000 single-family and multifamily units. Offering a fully integrated platform, the team includes best-in-class developers, architects, builders, marketers and community liaisons.
iStar (NYSE: STAR) finances, invests in and develops real estate and real estate related projects as part of its fully integrated investment platform. Building on over two decades of experience and more than $40 billion of transactions, iStar brings uncommon capabilities and new ways of thinking to commercial real estate and adapts its investment strategy to changing market conditions. The company is structured as a real estate investment trust, with a diversified portfolio focused on larger assets located in major metropolitan markets. Additional information on iStar is available on its website at www.istar.com.