Bay Colony Naples Florida Update

Bay Colony Naples Florida Update!

I know I said I was going to write about Pelican Bay sub-communities separately, and I will...but we can't leave out Bay Colony as a whole! So here it is!

Bay Colony has a LEVEL amount of inventory...in fact in a short period of time it may even be technically under-supplied!

Bay Colony Active Listings = 38
Bay Colony Solds (During Past 12 Months) = 38
Bay Colony Properties pending contract = 4

Market time in Bay Colony is shrinking! Average market time for properties that have sold is 270 days, for properties pending it's 671 days and for Bay Colony properties that remain on the market 244.

List price to sales price ratio is 90.21% but somebody actually negotiated a deal last September for only 68% of list price. WOW! That doesn't happen very often!

At first glance it looks like Bay Colony is getting less expensive since the average list price per square foot of the Bay Colony properties that remain on the market come in at $743/sq. ft. and the sold price per square foot average is $786/sq. ft. but ultimately that is because we had two homes in The Strand at Bay Colony sell during the past 12 months.  Strand homes are the biggest homes in Bay Colony and the only single family homes available on the beach in Pelican Bay. 

You're going to find some Bay Colony High Rise buildings doing very well and some with a slight over-supply of inventory. Some of this is going to be properties that have just hit the market in preparation for the upcoming selling season.

BUYERS~ Do not expect to go into negotiations with just a run of the mill, "the economy is in the toilet" negotiation tactic here. Many owners will hold out for their price as proven by the seller who owned Brighton at Bay Colony 1702. I personally had 2 people interested in that unit who were not willing to pay what the seller wanted.  The owner ended up getting over 95% of his list price...much less than what my buyers were willing to pay.  While it is always great to have a negotiating plan (when you work with me, I provide one to assist you) it must be understood there are some sellers here willing to leave a few dollars on the table to get the deal done, some sellers are more interested in the bottom line and can/will wait. If you think you're ready to make a Bay Colony purchase. Call me to get started!

SELLERS- If you are thinking about selling I would strongly consider reviewing the market in your building or subdivision first and making your decision based on the amount of inventory already on the market if possible. If you don't care about that and you want to sell anyway, property condition and price are two HUGE key factors.  Hard Contemporary decor is not a huge selling point here.  If you have decorated your unit in this fashion, you might consider having your home staged to sell fast and even net more money.  If you have a unit in original or near original condition, it may be most advantageous to do some remodeling if time and money permits. Many units are starting to show their age in Bay Colony and this may become a problem for people who want to net a certain amount or sell quickly.  Pricing your Bay Colony property properly will alleviate any market time issue.
For more information on how you can sell faster and net more, call me direct!

You can expect to see more updates about the individual sub-communities of Bay Colony as we go. 

PS~ I received a call from the sweetest lady from Boston today who is in Naples with her husband and are ready to see Pelican Bay high-rises.  I absolutely LOVED talking with her today and look forward to assisting you with your Pelican Bay endeavors as well!

Best Regards,

Shannon Lefevre, PA
Your Naples Smart Girl!

Salerno at Bay Colony Naples Florida Update

Salerno at Bay Colony Naples Florida Update.



Salerno at Bay Colony is one of 4 Bay Colony high rise buildings not located directly on the sand.  While Salerno offers the best Gulf of Mexico views compared to the other 3 high rises, you'll find Salerno also offers interesting Vanderbilt Beach views, and will encompass twinkling lights from the beachfront high rises in Bay Colony at night which is SUPER considering the fact that the Gulf of Mexico goes completely dark at night leaving just a black backdrop for those who just face the Gulf.

Currently there are 6 Salerno at Bay Colony units on the market and once again, only two sales during the past 12 months...the same number of units that sold in 2009.  It's pretty safe to say there are 3 years of inventory in the building currently on the market. 

If you've been following my Bay Colony series of posts, you're starting to see a pretty crazy trend especially if you knew that Bay Colony was really the golden child of all of Naples just a few years ago. 

One of the biggest complaints I get about Bay Colony are the fees and there's no mystery that fees have become a much bigger deal the last couple of years compared to before.  It used to be that people would grimace about the fees, sigh and sign the dotted line but I did notice starting about 2 years ago that people started putting the breaks on purchasing in Bay Colony and the fees were a big part of that decision.  The thing is though, there are people who truly appreciate all of what Bay Colony has to offer...hence the sales that continue to take place.

I do think there are some magnificent deals in Salerno right now and I have noticed there is a HUGE amount of traffic on my website this year from Bay Colony search terms...it might be worth checking Salerno at Bay Colony out now. Let me know if you want to take a peek!

Best Regards,

Shannon Lefevre, PA
Your Naples Smart Girl!

Carlysle at Bay Colony Naples Florida Update 1.5.11

Three cheers for Carlysle at Bay Colony!



Carlysle experienced a FABULOUS 2010!  With only 1 currently on the market and 3 closed this past 12 months, that makes the listing inventory at a 4 month level or UNDER SUPPLY! 

So what happened in Carlysle at Bay Colony that produced such outstanding results compared to her two sister buildings, Biltmore at Bay Colony and Brighton at Bay Colony that paled in comparison as far as closed 2010 sales are concerned? 

First, pricing had a TON to do with it!  With an average of 88% list to sell price ratio and a 99% original list to ending list ratio, it appears only 1 Carlysle at Bay Colony past seller rode the price down through time while the other two Carlysle sellers chose to list pretty close to the price that would cause the unit to sell with just a couple of minor adjustments. 

Now I'm not saying 88% list to sell ratio is a healthy difference....it's still high compared to Pelican Bay as a whole which teeters between 90% and 91% but it's considerably different that the 80% Brighton at Bay Colony experienced last year. 

There's no better way to show value in a community than to prove short market times and low inventory. 2 of the 3 units that sold, sold in less than 6 months which is outstanding for Bay Colony.  One unit took a few contracts, a few back outs and eventually a Carlysle at Bay Colony give away before they experienced a sale...a risk you take when trying to get that last dollar on the table. 

While we're on the subject, let's talk about first offers.  I spoke with one of Naples most successful agents yesterday while shooting video of one of her listings. I explained that while the property she had listed was priced great per square foot...it was a large project and would take a huge amount of money to remodel it and that my buyer's offer would probably reflect this.  She responded by saying,

show me how he came up with his offer, and I'll be happy to present it.  I understand...and you know as well as I do, the first offer is usually the best. 

She explained further her experience when educating sellers of how it works and while many take her advice, many don't and find in retrospect she was accurate in her explanation after losing money by not accepting prior offers. 

For a unit to sell for less than 2 million in a building like Carlysle is such a bonus for the buyer, even if it has to be completely gutted and if I never saw a 1.9 sales price again in this building for a unit with a nice Gulf view, I simply would not be surprised. 

Is this more evidence that the bottom has come and gone in Bay Colony?  Only time will really tell but at least it has in Carlysle at Bay Colony for the time being considering the one left is at almost 3 million. 

To see Carlysle at Bay Colony condos, review Carlysle at Bay Colony sales or review information about Carlysle at Bay Colony, you're welcome to call me direct or visit my Naples Florida real estate website!

Best Regards,

Shannon Lefevre, PA
Your Naples Smart Girl!

Last Week In Pelican Bay 8/30/10-9/3/10

This week in Pelican Bay Naples Florida:
3 properties sold:

1. Pebble Creek at Pelican Bay 7671 Pebble Creek Cir #503 $912,500 (98% of list price) Went under contract in 31 days!
2. St. Kitts at Pelican Bay 6585 Nicholas Blvd. #1504 $630,000 (90% of list price) Closed in 20 months but it was originally listed for $959,000.
3. Willow Brook at Pelican Bay 792 Willowbrook Dr. #403 $325,000 (86% of list price) Took 17 months to close but it was originally listed at $650,000 WOW!

11 price changes occurred in:

• Chateaumere Royale at Pelican Bay
• St. Kitts at Pelican Bay
• 2 in St. Pierre at Pelican Bay
• L'Ambiance at Pelican Bay
• Barrington Club at Pelican Bay
• 2 in Montenero at Pelican Bay
• Strand at Bay Colony
• Glencove at Pelican Bay
• Interlachen at Pelican Bay

6 Pelican Bay properties went under contract this week in these Pelican Bay neighborhoods:

• Village at Pelican Bay
• Montenero at Pelican Bay
• Willow Brook at Pelican Bay
• Vizcaya at Bay Colony
• St. Marissa at Pelican Bay
• St. Kitts at Pelican Bay
• Breakwater at Pelican Bay

10 Pelican Bay properties went on the market this week in these Pelican Bay neighborhoods:

• St. Nicole at Pelican Bay
• Claridge at Pelican Bay
• Valencia at Pelican Bay
• Avalon at Pelican Bay
• Vizcaya at Bay Colony
• Chateaumere Royale at Pelican Bay
• St. Laurent at Pelican Bay
• Barrington Club at Pelican Bay
• Montenero at Pelican Bay
• Oakmont at Pelican Bay

For more information about Pelican Bay, contact me direct!

Best Regards,

Shannon Lefevre, PA
Your Naples Smart Girl!

Bay Colony Naples Update June 2010

Bay Colony Naples Florida is the most luxurious community in Pelican Bay.  As it stands there are 50 properties currently available in Bay Colony.  Here's the break down:

Single Family Homes:
5- Bay Colony Shores
1- Strand at Bay Colony

Villas
3- Vizcaya at Bay Colony

Mid Rise Condos
3- Mansion La Palma

High Rise Condos
1- Biltmore at Bay Colony
4- Brighton at Bay Colony
5- Contessa at Bay Colony
2- Marquesa at Bay Colony
4- Remington at Bay Colony
5- Salerno at Bay Colony
6- Toscana at Bay Colony
10- Trieste at Bay Colony
1- Windsor at Bay Colony

6 units in Bay Colony are pending contract right now.

There are 21 Bay Colony sales while last year only 8 had sold.

Bay Colony is starting to see areas of low to no inventory so if you've been waiting for Bay Colony to hit the bottom...you may have already missed it!

If you are a buyer looking for Bay Colony property you'll be happy to know there's been a little more room for negotiating this year.  The average list price to sales price ratio is 87.9% this year. Contact me immediately I doubt this will continue to trend.

 If you are a Bay Colony homeowner, now is a GREAT time to put your property on the market if you are located in the following locations:
- Biltmore at Bay Colony
- Carlsysle at Bay Colony
- Marquesa at Bay Colony
- Villa La Palma at Bay Colony
- Windsor at Bay Colony

For more information regarding Bay Colony Naples or to see current inventory, contact me direct!

Best Regards,
Shannon Lefevre, PA
Your Naples Smart Girl!

Pelican Bay Pink Pages Newsletter Released Tomorrow!

The Pelican Bay Pink Pages is a monthly newsletter about Pelican Bay and Bay Colony Naples Florida. See sales statistics, neighborhood real estate reports, open houses, best deals, short sale information and more.

The Pelican Bay Pink Pages is your most comprehensive Pelican Bay and Bay Colony resource! In fact, it's SO comprehensive, you have to sign up for it..but no worries, that's just to appease our local board of Realtors...your information won't be used for anything else!

Best Regards,
Shannon Lefevre, PA
Your Naples Smart Girl!

Bay Colony Naples Market Update

There were a total of 37 properties that closed in Bay Colony Naples Florida in 2009. That's just over half of what closed in 2008! Bay Colony like the rest of the Naples beachfront communities felt a little impact due to the economic downturn most likely from the dip in the stock market back in September 2008 among other factors.

Bay Colony was considered one of Naples shining stars when it came to real estate activity but sales traffic decreased considerably while we found inventories on the rise for the first time in years in 2009.

It's not just the economic downturn that kept buyers away. Feedback I received while showing and discussing options with buyers this year resulted in a small handful of rejections for Bay Colony. Most prevalent were the fees Bay Colony fees. Bay Colony lives like a country club. When you add in the Bay Colony beach club, Bay Colony tennis club and other amenities Bay Colony has to offer, you know all that has to come with a price but the price is just something some buyers weren't willing to pay this past year. It's always been a topic of discussion but I haven't actually see it prevent buyers from buying as often as I did in 2009. It's all part of that, "we're trying to pay closer attention to our money" movement going on right now.

Another drawback I heard about was that Bay Colony is starting to show her age. The grounds, beaches and amenities are still fabulous but the units and common areas in many of the buildings and some of the single family properties available are REALLY starting to show their age. Hey, aging gracefully isn't just for the ladies as we all know. Contessa at Bay Colony has already had a fabulous face lift and there are some other building that have made improvements and talks are in the works with some of the other ones but....that didn't stop some people from choosing other locations this year due to the perceived maintenance and construction issues down the road.

The other behavior I saw from buyers this year was that pricing in Bay Colony was too high. They expected buyers to either come way off their price during negotiations or they just simply went elsewhere. In some cases low offers were made, buyers split only to come back later and find either their selections had sold or sellers were still not as flexible as they'd hoped.

Here's a run down of each Bay Colony community now:

Overall there are a total of 55 Bay Colony Listings. That's just over 14 months supply...not too terribly bad but not typical for Bay Colony either.

Bay Colony Shores:
5 Active
1 Pending
6 Closed in 2009
Bay Colony Shores had an excellent year and although this location was sluggish in 2008, she recovered nicely in 2009. Bay Colony Shores is STABLE.

Biltmore at Bay Colony:
4 Active
1 Closed in 2009
Biltmore at Bay Colony has some challenges!

Brighton at Bay Colony:
4 Active
2 Closed in 2009
There's a nice opportunity in Brighton at Bay Colony!

Carlysle at Bay Colony:
4 Active
2 Closed in 2009
Carlysle at Bay Colony has some challenges and there is some opportunity here as well.

Contessa at Bay Colony:
3 Active
5 Closed in 2009
Contessa did GREAT in 2009 and has some beautifully remodeled units available!

Mansion La Palma at Bay Colony:
1 Active
1 Closed in 2009
Mansion La Palma is a STABLE community.

Marquesa at Bay Colony:
3 Active
1 Closed in 2009
Marquesa at Bay Colony is a little uneven but there is a terrific valued property available right now!

Remington at Bay Colony:
5 Active
1 Closed in 2009 and a beach cabana :)
Remington at Bay Colony has an oversupply of inventory right now.

Salerno at Bay Colony:
5 Active
2 Closed in 2009
Salerno has an oversupply of inventory right now.

Strand at Bay Colony:
1 Active
3 Closed in 2009
Strand at Bay Colony did exceptionally well in 2009.

Toscana at Bay Colony:
2 Active
5 Closed in 2009
Toscana at Bay Colony did very well in 2009

Trieste at Bay Colony:
11 Active
3 Closed in 2009
Trieste has an oversupply of inventory right now...still.

Villa La Palma at Bay Colony:
0 Available
2 Closed in 2009
Villa La Palma at Bay Colony did well in 2009

Vizcaya at Bay Colony:
5 Active
1 Pending
1 Closed
Vizcaya at Bay Colony has a an over supply of inventory right now.

Windsor at Bay Colony:
2 Active
1 Closed
Not much to say about the market here in a broadcast but you can call me direct for details. :)

If I were going to list my Bay Colony property right now I would start by calling me. Call me if you want to sell your Bay Colony property and I'll give you a few very compelling reasons why.

If I were considering purchasing in Bay Colony right now, I would call me. Call me and I'll give you a couple of compelling reasons why you want me to assist you with negotiating your Bay Colony purchase.

Best Regards,

Shannon Lefevre, PA
Your Naples Smart Girl!

Bay Colony Naples Florida Videos

I spent some time filming and uploading videos of Bay Colony Naples Florida to my website last week in a continued effort to provide you with the information you need to help you make a sound and happy purchasing decision.

Here are the videos I have uploaded so far:

Biltmore at Bay Colony

Contessa at Bay Colony

Remington at Bay Colony

Salerno at Bay Colony

Windsor at Bay Colony

(disclaimer...these are provided just to give you a better idea of what the high rises at Bay Colony have to offer...these are not professional videos.)

I hope these clips serve as a source of information about some of the Bay Colony high rises. For more information regarding Bay Colony Naples Florida, feel free to contact me direct!

Best Regards,

Your Naples Smart Girl

Bay Colony Naples, Florida Market Update

If you've been thinking about making a purchase in Bay Colony Naples, Florida, there's some great new stuff on the market! In fact there's 13 listings in Bay Colony right now that have been on the market for 90 days or less. That's almost half the active inventory which currently stands at 30 listings in all of Bay Colony currently available.

What's Hot:
Toscana at Bay Colony There's only one unit currently available. There's one pending contract (1/28/08) and 3 other units have closed this year in that building! Whoohooo!

Mansion La Palma No offerings at this time due to the two units offered earlier this year either pending contract (2/29/08) or now closed (2/28/08)

Brighton at Bay Colony Has 3 units available. Three others have closed already this year.

Carlysle at Bay Colony Has only one unit available. The other closed 2/15/08.

Marquesa at Bay Colony Only one unit available. The other unit available earlier this year pended contract on 3/26/08.

Salerno at Bay Colony Two units currently available, one pending (4/16/08) and one closed (5/1/08)

Villa La Palma Only one listing available earlier this year sold on 5/15/08.

Vizcaya at Bay Colony No listings currently available. 3 homes available earlier this year are gone. Two of which have already closed and the remaining home is pending contract as of 4/4/08.

Not As Hot:

Windsor at Bay Colony has two units available. One pending (4/10/08) and one closed 92/28/08)
Biltmore at Bay Colony Two units are currently available. No pending or solds in '08

Contessa at Bay Colony Two units are currently available. No pending or solds in '08

Not Hot Right Now:

Remington at Bay Colony has 4 units available. No units have pended contract or closed this year.

Bay Colony single family homes (not villas) are not fairing as well as many of the Bay Colony condominium and villa subdivisions.

Bay Colony Shores has 9 homes currently available. There are no single family homes pending or closed this year.

The Strand at Bay Colony has 3 outstanding estates available. There are no pending or sold homes in this Bay Colony subdivision this year.

For more information regarding Bay Colony Naples, Florida, feel free to contact me direct or shoot me an email.

Best Regards,
Your Naples Smart Girl

Naples, Florida Magnificent Properties

If there was ever a time to select a magnificent Naples, Florida property...now might be the time to do it. Not because prices are rock bottom or because "now is the time to buy" which is (in my opinion the most overused and least believed term in real estate)...but I believe now is the time to check out the inventory because now more so than any other time in my seven year Naples, Florida real estate memory have there been SO MANY INCREDIBLY AWESOME PROPERTIES to choose from.

I feel it's important to preface, I'm not talking about the really pretty Naples houses and Naples condos you've grown accustomed to seeing if you're familiar with my market. I'm talking about the kind of properties that will absolutely leave you breathless.

I've been previewing and showing pretty much solid for the last few weeks. I've also been keeping my eye on the market almost as often as I did during our crazy days back in '04 and '05 because I have buyers who want specific product that simply isn't available right now.

Just this evening I noticed a new listing that hit the market in the Strand at Bay Colony...one of the most exceptional locations in all of Naples. Currently there are three for sale there which is unusual but more importantly the FINEST OF THEM ALL just went on the market today. I had the luxury of dining there during the Naples Winter Wine Festival a few years back and I simply can't tell you how phenomenal this property is. Anybody who has walked by on the beach knows which one I'm talking about and anyone who's "anyone" knows how truly amazing this place is.

This estate along with the other two fabulous listings located in The Strand are not properties designed for the weak at heart. It will take a pretty penny to purchase one of those magnificent homes with prices beginning at a cool $14,990,000 and increasing from there but I think they're worth it. The owners know they are too and will be the type of owner who will wait for the right person to step up to the plate.

Now before you get your hopes up in taking a drive by or perhaps scheduling a showing, be prepared. There are two gates preventing you from doing a drive by and even the sweetest talking driver can't get through them. Also, be prepared to show a little documentation proving you have the means to make the purchase. There won't be a broker's tour and they won't open the door for just anyone.

If you find those choices to be a little out of your budget or perhaps estate homes are not your style, l'd love to introduce you to some of the luxury high rise condos I've been previewing as of late. The Windsor is considered THE building to be in on the beach at Bay Colony and there is every good reason for that. There are currently three units available there starting at $5,699,000 and continue to increase in price to slightly over $10,500,000.

I've only previewed two as the last is entirely out of my customer's desired price range but the two I saw are guaranteed to tickle your "I gotta have that" bone. There's also a magnificent unit in Remington that cannot go without mention. The decor there is absolutely awesome but when it comes right down to it, there's a unit in The Windsor that made my eyes water. The decorating and lay out may be the absolute best I've ever seen....EVER.

Continuing to Park Shore there's a high rise condo at Le Rivage that I would give another highest rate of approval on. Again the floor plan and decor here was above exceptional. The location for those who prefer more of a city feel might choose this location over Bay Colony and between this one and the one in The Windsor, if it were my money well, I might have to buy both and try them out for awhile before finally deciding...they are that great.


I also had the opportunity to preview one of only two beachfront villas for sale in Park Shore. Again a spectacular place offering something unique and special that the Park Shore beachfront high-rises can't do. A private pool with view of the beach, soaring ceilings and ample square footage with a fabulous floor plan are just a few of the superb attributes this place has to offer. A must see if nearly $4,000,000 is within your range.



Continuing South I could not complete my post without mentioning three more fabulous Old Naples homes I've either shown or previewed within the last couple of weeks. Price ranges start at a "wiggle" over $2,000,000 and increase to a whisper under $6,000,000. All of them are remarkable in their own outstanding ways. The lowest priced one I firmly believe is the best deal in Old Naples and is an absolute knock out. The character and appeal displayed throughout every inch of this home will please the most discriminating buyer and if that buyer is somehow attached to the most number driven counterpart, even they will find no reason to turn it down. This home is a perfect match for both parties.

My next favored property is located just over a stone's throw to the beach and within a tiny distance to 3rd Street where fine dining and shopping awaits. It has been masterfully decorated and the home design must have been brilliantly selected for the lot overlooking a beautiful lake. It will take a tiny bit more ranking in at almost $6,000,000 but again, the buyer who "wins" this one is winning something truly sweet.

My last notable property I've had the luxury of previewing is not on the market yet and I doubt it will be on long. It's a brand new construction single family home on a fabulous over-sized lot with every custom feature included. It's beautiful, unique and exquisite not super formal or casual but possesses the ability to swing either way. The builder is one of the most highly regarded builders in all of Old Naples and there's no mystery as to why he holds such an outstanding reputation. You can see just by touring the home that he loves what he does and what he creates loves him back.

This has been a remarkable time for me. To see the magnitude of real estate I've seen has always been a dream of mine.

If you'd like to see what I see or if you'd like me to talk about your property the way I've described these, I'm happy to take your call.

Pelican Bay Naples, Florida Real Estate Statistics Don't Lie!

The calls and emails regarding Pelican Bay homes and Pelican Bay condos continue at a steady rate most of which are still beginning with "I want a deal". I've had the following conversations with countless people lately and it continues to be a hard conversation with buyer's not quite believing what I have to say based on all of their news they've gathered from various news sources across the county.

This post was written for not one buyer in mind but four to help me get some valid points conveyed.

If you too are looking for a Pelican Bay deal. DO NOT DELAY!

Here are some more examples of Pelican Bay's best deals now pending contract or recently sold:

Avalon at Pelican Bay:
What I considered to be the best deal in Pelican Bay just went under contract with a list price of $350,000. It was reduced from $375,000 On February 1, 2008. Pended contract on February 6, 2008.
Next one available is $399,000 - Nearly $50,000 for a smaller unit which backs up to a busy road. The pending unit backed up to a park and was a second floor (bigger) unit.

Barrington Club at Pelican Bay:
A unit sold on December 21, 2007 for $400,000. Next one available is listed for $492,000. That is a $92,000 difference.

Brighton at Bay Colony:
A unit on the 19th floor listed for $2,695,000 went pending on January 22, 2008. It was only on the market 4 days. YES...It was a screaming deal! Another unit on the 10th floor sold on January 15, 2008 for $2,600,000 it too was a screaming deal. The next one available is on the market for $3,295,000 it is on the 7th floor. That folks is a 695,000 dollar difference.

Need more proof?

Cap Ferrat at Pelican Bay:
A 4th floor unit listed at $1,395,000 went under contract on January 1, 2008 (yes...while some people were nursing a hang-over somebody else was hunting deals). The next Cap Ferrat unit available is on the market for $1,795,000...yes this one is a bigger unit...yes it is on a lower (less desirable) floor and yes...if that New Year's buyer bought it for full price, that is a $400,000 difference!

Carlysle at Bay Colony:
A 3rd floor unit listed at $2,295,000 went under contract on January 2, 2008 (maybe because they were nursing a hang over the day before). They still won because the only other unit available in Carlysle at this time is listed for $4,200,000. Yes it is on the 20th floor and is a bigger unit and yes it is listed at nearly 2,000,000 more than the one under contract right now!

Marbella at Pelican Bay:
Unit 502 closed last December for $795,000. Unit 802 closed for $820,000 last October. Next one available...#204 for $1,245,000 a $425,000 for a less desirable floor...bigger yes...not as great of a view.

Serendipity at Pelican Bay:
One sold January 2nd for $320,000...there's another one (a little smaller) currently available for $450,000...$130,000 more!

Still not convinced?

Oak Lake Sanctuary:
Sorry...nothing available. Last unit available sold January 8th...(must've been some party)

Renaissance at Pelican Bay:
Sorry...nothing available. Last unit available went under contract on January 23rd...

Hopefully there's enough examples here for you to get my point.

Let's just assume from now on going forward:

• Unless you're reading or watching something specifically about Pelican Bay or Bay Colony that perhaps those other real estate related stories don't really count.
• The most reputable resource regarding Pelican Bay or Bay Colony isn't CNN or MSNBC or FOX or even the Naples newspaper.
• The most reputable resource might be the real estate agents who are working that market everyday and who are talking to the Pelican Bay and Bay Colony seller's, buyers and the prospective clients who call and email requesting more information and talk about and in fact are writing offers and closing contracts for those properties.
• I don't lie about what I see, hear or report. Neither is the agent who has had 8 showings on her 2 day old Bay Colony listing or the MLS statistics.
• I'm too driven to success to try to entertain you with inaccurate information.
• I'm too ready to help you purchase to forward you outdated information.

By the way...some of my most intelligent buyers are getting it.

I expect to write two more great offers tomorrow.

Brighton at Bay Colony Market Update

The Brighton at Bay Colony is a luxury high-rise condominium located directly on the beach in Bay Colony, the most prestigious subdivision in Pelican bay. This magnificent building was built in 1994, features a total of 75 units within 22 floors and offers an outstanding list of amenities including a grand lobby, billiards room, fitness room, pool, hot tub, barbecue area and private beach access just to name a few. Unit sizes begin at about 2,760 square feet of living space and continue over 7,000 square feet of living space for the 5 bedroom penthouse. There are two assigned parking spots available located underneath the building. A unique feature about the Brighton at Bay Colony high-rise is the contemporary curvature of the building footprint along with the glass railed terraces which allow the ability to fully take in the beautiful Gulf of Mexico landscape.
Rental policies are strict but most Brighton at Bay Colony condominium owners do not consider renting their units as a personal option. Both a Bay Colony Association membership and Pelican Bay Association membership are required which means all of the Pelican Bay and Bay Colony amenities are available with the exception of golf which can be purchased for an additional price. See The Brighton at Bay Colony Condos.

Current Happenings in Brighton at Bay Colony

There is only one unit available currently in the Brighton at Bay Colony. It is currently listed for $2,875,000 and is a beautiful unit offering over 3,300 square feet of living space located on the 10th floor with outstanding views of the Gulf of Mexico. The unit is owned by the original purchaser and appears to be in absolute excellent condition as they have rarely used the condo. The community room at Brighton is currently under construction. I peaked in a couple of days ago and as it stands right now it is completely gutted. I've been told that the project will be complete by season. It is rumored that there will be two more units available soon so if you have an interest in the Brighton at Bay Colony, contact me for more details at shannon@shannonlefevre.com or direct at 239-595-6223.

For information regarding other Bay Colony Beachfront condos:

Biltmore at Bay Colony
Remington at Bay Colony
Windsor at Bay Colony
Contessa at Bay Colony
Brighton at Bay Colony
Carlsyle at Bay Colony

For information regarding other Bay Colony Communities:

Bay Colony Shores

The Strand at Bay Colony

La Palma at Bay Colony

Vizcaya at Bay Colony

Mansion La Palma at Bay Colony

Marquesa at Bay Colony

Salerno at Bay Colony

Toscana at Bay Colony

Trieste at Bay Colony

If you're interested in buying or selling any Naples Florida real estate, I am always happy to assist.

A friend of mine asked me the other day what my favorite restaurant in Naples was. My response, was, "gosh, do I have to pick just one". I eat out all the time, too much in fact and enjoy the variety of places to eat so I sectioned out what my favorite places were for food types. If you're in town, you must try to stop.
* Tropical Reef, located across the street from Pelican Bay is an excellent place for seafood. I love their sesame encrusted tuna but everything I've eaten there has been out of this world. The outside of the building is a crazy kiwi green color and you may think that the food will not be so great but it is fabulous! The chef is from Texas and is truly a legend.
* Andre's Streak House for steak. We the porterhouse for two when we go and it's awesome! You will not find better creamed spinach ANYWHERE. Again, the outside of this building is old and not very attractive making you think you're going to experience a less than average meal....it is very good. The inside I'm pretty sure has never seen fresh coat of paint so if your an ambiance kinda person, wear a blind fold because the meal is worth it.
* Trulucks for crab claws, steaks and really anything they have on their menu. They're located in Old Naples not too far from Aqualane Shores and Port Royal. The service is phenominal, the menue is outstanding and they have live music, a guy who sings and plays the piano in the bar. It's a great place and during season, near impossible to get into so make sure you make reservations WELL IN ADVANCE or you'll be dining at 5 or 10. Jerry, my husband says they serve the best carrot cake in the world there....he's tried ALOT of carrot cake so I believe him.
* Tommy Bahama's for ribs and the most delicious chocolate brownie EVER. They have live music too and there's really a fun tropical island atmosphere there. They only rsvp 10% of their restaurant so you can get a seat there most of the time but be prepared to wait.
* The Turtle Club they have AWESOME food there too...the best crab cake EVER. They're located on Vanderbilt Beach and it's a great place to catch one of our famous sunsets! OUTSTANDING! Again, this dining room is small so rsvp's are important.
* Darumma for sushi. Located across the street from Bay Colony I think it's the best in town. Their fried roll is served warm with a tangy almost fizzy dipping sauce that is so GOOD!
* The Dock restaurant serves rock shrimp nachos. It's hard to believe their nachos because they have kind of a sweet and spicy chinese sauce on them but they are really good. They're located on Naples Bay right next to Aqualane Shores in Old Naples.
The only thing missing really is super great Mexican Food. Labamba on the north-west corner of Pine Ridge and Airport is the best but it's certainly not fine dining. I guess Mexican food rarely is....but you can get a decent margarita and a very good giant quesadilla there.
There are more Italian food places than you can shake a stick at down here. I'm not that big of a fan but if you must, Il Bellagio seems to get pretty good reviews.
I'm sure there's more, but it's late. I'll do some thinking and come up with part two perhaps tomorrow.

Bay Colony Naples Florida Listings

Bay Colony Naples Florida listings are light going into this season with 1 exception!

As I reviewed the hot sheet (what went on in the market today according to the Naples MLS) this evening, I noticed a listing in Marquesa went under contract. YIPPIE! That reminded me to write this announcement. Hey Bay Colony property owners, there aren't very many listings in your neighborhood right now. Depending on where you are, now might be a great time to list your Bay Colony property! Here's the current run down on Bay Colony inventory:

Marquesa - No more active listings available
Toscana - 1 active listing currently available
Salerno - No active listings available
Villa La Palma - 1 active listing available
Mansion La Palma - 1 active listing available
Remington - 1 active listing available
Windsor - 2 active listings available
Biltmore - 2 active listings available
Brighton - 1 active listing available
Carlysle - 1 active listing available
Contessa - No active listings available

The Strand - 1 active listing available
Bay Colony Shores - 4 active listings available but three need a complete remodel.

and then there's Trieste. There are 17 units in Trieste available. Unless you live or own property in Trieste, you might consider selling now!

Contact me for further information!

Best Regards,

Your Naples Smart Girl!

Bay Colony Listings Are Light with One Exception.

As I reviewed the hot sheet (what went on in the market today according tothe Naples MLS) this evening, I noticed a listing in Marquesa went under contract. YIPPIE! That reminded me to write this announcement. Hey Bay Colony property owners, there aren't very many listings in your neighborhood right now. Depending on where you are, now might be a great time to list your Bay Colony property! Here's the current run down on Bay Colony inventory:

Marquesa - No more active listings available
Toscana - 1 active listing currently available
Salerno - No active listings available
Villa La Palma - 1 active listing available
Mansion La Palma - 1 active listing available
Remington - 1 active listing available
Windsor - 2 active listings available
Biltmore - 2 active listings available
Brighton - 1 active listing available
Carlysle - 1 active listing available
Contessa - No active listings available
The Strand - 1 active listing available
Bay Colony Shores - 4 active listings available but three need a complete remodel.

and then there's...

Trieste. There are 17 units in Trieste available.

What's the moral of this story? Unless you live or own property in Trieste, you might consider selling now! Contact me for further information!