Here is the latest in real estate in Pelican Bay in Naples, Florida!
Currently there are 23 single family homes on the market ranging in price from $1,325,000 to $28,990,000. There are six homes that are pending and range in price from $899,000 to $1.550,000. In the past 120 days 16 have sold at the price points from $898,000 to 4,975,000. The condo market in Pelican Bay has been strong as well. There are currently 131 condos for sale ranging in price from $344,900 to $8,750,000. Pending condos add up to 27 and range in price from $395,000 to $4,975,000. 111 condos have sold in the past 120 days and the range in price for those is $358,000 to $10,755,000.
Feel free to email me for more information and updates in Pelican Bay KristineSawka@gmail.com
Pelican Bay History
Pelican Bay was founded upon preservation, conservation, and development. More than 2,330 acres were purchased from Barron Collier of the Collier family in 1972 by Coral Ridge Properties (CRP). CRP, a division of Westinghouse (later known as Westinghouse Community Development Corporation and eventually, WCI Communities Inc.) hired the Environmental Planning and Design Firm (EPD) to carry out the plans for what is today called as, “a model of environmental planning”.
In 1973, EPD presented two alternatives for developing the site. The first was a more conventional plan, which would have destroyed much of the 570 acres of mangroves, mainly preserving open water areas. The firm’s preferred alternative reflecting its conversations with local environmental officials, preserved the mangrove and placed higher density development along its edge. Joe Taravella, president of Coal Ridge Properties, boldly chose the second option.
As the master developer, WCI set a number of common areas aside that would be maintained in perpetuity under the guidance of the Pelican Bay Foundation, the master home owner’s association. Residents pay dues to the Foundation and taxes to the Pelican Bay Services Division (PBSD). The PBSD is an advisory board of Collier County and maintains areas such as street-scape beautification, street lighting, water management and mangrove maintenance.
Today, the Foundation currently maintains 43 acres of parks and recreation areas including, three (3) beachfrontrestaurants, two tennis facilities, Community and Fitness Center. Click on the photo above to see more history images.
Anchored by the Ritz Carlton, Naples Grande Beach Resort, Waterside Shops and The Marketplace, Pelican Bay features 88 acres of parks and recreation areas and 6,500 residences ranging from single-family homes, high-rise condos and luxury apartments located in 95 distinct and luxurious associations, each offering unique amenities and personalities.
Pelican Bay is more than just a private community. It’s a place where residents and their guests can enjoy the best that Southwest Florida has to offer, thanks in part to the variety of top amenities Pelican Bay provides.
Click HERE to go to the Pelican Bay website!
For any of your real estate needs in Pelican Bay, contact Kristine Sawka at KSawka@AmerivestRealty.com