New York-based iStar announced that home sales at the company’s master-planned Naples Reserve development have surpassed $90 million.
The developer reported sales of 186 homes so far at the 688-acre development, southeast of the intersection of U.S. Highway 41 and Collier Boulevard in Naples.
Nearly 40 percent of the homes sold are in the Egret Landing, the most popular of six neighborhoods in Naples Reserve.
Homebuilders Ashton Woods and D.R. Horton are building one- and two-story houses in Egret Landing with three to four bedrooms and as many as three and a half bathrooms. Prices start in the mid-$300,000s.
Naple Reserve has 22 lakes including the development’s 125-acre centerpiece, Eagle Lake. The lake has an island with a large tiki hut and a mile-long shore along the Picayune Strand State Forest, a 76,000-acre state park.
Residents of Naples Reserve have access to the Island Club, which features a swimming pool, a lakeside fire pit and two casual restaurants. Residents also have access to a complex with five tennis and pickleball courts. Additional planned amenities include a playground, a picnic area and two dog parks.
In addition, Naples Reserve homeowners get a complimentary one-year social memberships at a nearby yacht club in Naples called Walker’s Hideaway Marina, which has indoor storage for 600 boats, two restaurants, a swimming pool and a sauna.
Prices for residences at Naples Preserve range from the high $200,000s to more than $1 million. — Mike Seemuth