Saturday, March 17, 2012

Mediterra home sales explode in Naples Florida | Naples, Bonita ...

Mediterra is setting the pace for luxury home sales in the Southwest Florida market, with sales of five new homes ? each priced over $1 million ? recorded in only four days and a total of eight contracts in only 15 days.

The contracts include single-family estate homes, villas and two model homes still under construction. Four of the contracts were signed on four consecutive days, according to Mark Wilson, president of London Bay Homes, which manages the sales and marketing operations at Mediterra and is the builder of two model homes that sold in rapid succession.

?These are encouraging numbers,? he said. ?We haven?t seen this type of explosive activity in some time. We believe there are two reasons: Buyers are recognizing the incredible values available now, and they also see the incomparable lifestyle offered at Mediterra.?

Sales at Mediterra have shown a steady increase since 2009, doubling from that year?s $47 million to more than $90 million in 2010. Sales in 2011 reached nearly $100 million.

Mediterra?s sales activity illustrates a trend Realtors are noticing throughout Southwest Florida ? the return of the luxury homebuyer. And many of those buyers are honing in on the 1,700-acre master-planned community, where resort-style amenities, combined with a Mediterranean ambience and a range of luxury homes by 10 custom builders, complement their lifestyles.

Mediterra offers custom single-family estate homes, villas and coach homes in several neighborhoods. Recently introduced floor plans and new pricing opportunities are designed to meet buyer?s demand for functionality, flexibility and competitive pricing, ranging from the $600,000s to more than $7 million.

Mediterra is along Livingston Road in North Naples. More than 1,000 acres of the community are dedicated to golf, parks and nature preserves, with no more than 950 planned homes.

Its member-owned amenities include 36 holes of Tom Fazio-designed golf, with membership limited to just 225 members per 18 holes. A limited number of new club memberships are available and are offered exclusively to new home purchasers.

The Club at Mediterra also offers the Golf Learning Center, featuring indoor and outdoor hitting stations, video equipment with launch monitor, a 2.5-acre short game practice complex with three greens, and a staff of certified PGA professionals.

Mediterra?s 25,000-square-foot clubhouse offers fine and casual dining. The adjoining Sports Club features five tennis courts, a fitness center with spa facilities, a swimming pool and two bocce courts.

The community?s neighborhoods, amenities and three themed parks are linked by eight miles of bicycle and walking paths.

Mediterra also offers the private 10,000-square-foot Beach Club with dining, a full bar and elevated pool and sun decks along the Gulf of Mexico.

If you would like to talk to a realtor about buying or selling property in Mediterra contact Melinda or Paul Sullivan.

About Melinda Sullivan

Melinda Sullivan is Realtor specializing in luxury property in the Naples, Bonita Springs & Estero areas. She updates this blog on a weekly basis and writes about anything and everything to do with buying or selling property in Southwest Florida. You will find regular blog posts on her website at, http://www.bonitanaplesrealestate.com/blog/

Source: http://www.bonitanaplesrealestate.com/blog/2012/03/mediterra-home-sales-eplode-in-naples-florida/

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