Sales Surge at Naples Reserve
NAPLES, Fla. (Feb. 28, 2017) – iStar has announced a two-month sales surge of nearly 40 homes at Naples Reserve, its 668-acre South Naples community of attached villas, single-family homes and custom estate homes nestled amongst 22 freshwater lakes.
“Such a vigorous sales pace not only demonstrates the desirability of Naples Reserve’s lakefront lifestyle, but it also speaks to its builders’ strength in attracting today’s homebuyers with distinctive designs and quality construction,” said Don Mears, vice president/land and development with iStar.
With Southern Coastal-inspired homes, scenic vistas and resort-style amenities, Naples Reserve offers a lifestyle along the water’s edge. A mile-long stretch of lakefront along the community’s northern edge borders the Picayune Strand State Forest, a 76,000-acre state park with protected pinelands, cypress swamps, marshes and abundant wildlife.
Naples Reserve’s $7 million Island Club social center 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. An expansive, resort-style zero-entry pool offers dedicated lap lanes and ample room for relaxation, while tennis, pickleball and bocce ball courts await nearby at the nearly completed Match Point. Indoor and alfresco gathering areas include a lakeside fire pit and casual beverage and dining options at Chat ‘n Chill Tiki Bar and Latitudes Cafe. At the Outrigger Center, paddleboards, kayaks and canoes are available for use, and cruises on the community’s two Duffy boats depart from the center’s floating docks for residents to explore the 125-acre Eagle Lake and Kontiki Island.
Naples Reserve was conceived by iStar, named 2015 Developer of the Year by Builder and Developer magazine for its commitment to creating exceptional communities and lifestyles with an emphasis on energy efficiency and environmental stewardship.
Naples Reserve has 17 model homes available for viewing by 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 high-$200s to more than $1 million.
Sixteen model homes available for viewing are located in six of Naples Reserve’s 11 planned neighborhoods. Built by Southwest Florida’s premier homebuilders, the fully decorated models offer three and four bedrooms, large outdoor areas with pools and spas, and 2,100 to more than 3,500 square feet of living space, the homes feature designer touches such as tongue-and-groove detailing, coffer and cove-lit ceilings, wood and stone flooring, granite and quartz countertops, custom cabinetry and luxury finishes.
Naples Reserve residents receive complimentary one-year social memberships at Walker’s Hideaway Marina of Naples, a yacht club along the Gordon River offering a marina, indoor storage for 600 boats, two waterside restaurants, outdoor pool and sauna, and access to Naples Bay.
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 Outrigger Center 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 $35 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.
Jennifer Hamilton, Gravina, Smith, Matte & Arnold Marketing and Public Relations, 239-275-5758, [email protected]