Estero is a city of contrasts. Situated on Southwest Florida’s Gulf Coast, it lays between Naples to the south and Fort Myers to the North. The city grew up around the Estero River, which goes on to flow into the beautiful Estero Bay. The contrasts of beachside living, where leisure activities and relaxing in the sun are equally attractive pastimes, and the excitement of the city, with its cosmopolitan mix of boutiques, bars and restaurants, are the ingredients that make Estero such a special place to invest in property. This spring, Estero is host to some very special visitors. [...] Read More
There’s a reason Lee County is home to the second most-popular real estate market in the U.S. among foreign buyers, Realtor Brett Ellis said. “It may not have a Naples address, but foreign buyers are saying, ‘Do I want a Naples address, or to make money?'” said Ellis, a Realtor with RE/MAX Realty Group in Bonita Springs. According to real estate research firm DataQuick, Cape Coral-Fort Myers ranked second in popularity after the Lakeland-Winter Haven area out of 97 markets examined in the nation in March.[...] Read More
Belle Lago is a single family community located in Estero Florida. A newer neighborhood in Estero, Belle Lago is still building new single family homes by Toll Brothers. Belle Lago’s community amenities consist of a grand clubhouse with a multipurpose room, fitness center, aerobics studio, library/craft room, game room, card/TV lounge and locker rooms.[...] Read More
But the Chapter 9 filing was not accepted by Gov. Charlie Crist’s office, which means that Stoneybrook residents may face assessments to keep the public golf course from closing.[...] Read More
The median price of a single-family-home resale in September in Lee County was $89,700 in Lee County — 37 percent off $141,400 a year earlier, according to statistics released today by the Florida Association of Realtors. Meanwhile, the number of homes sold increased 77 percent in the same period from 746 to 1,321.
In Charlotte County, the median price fell 19 percent from $136,900 to $110,600 while the number of homes sold increased 56 percent from 153 to 238. Statewide, the median price fell 19 percent from $174,900 to $142,000 while the number of homes sold increased 34 percent from 10,778 to 14,419.
In a separate report also issued today, the National Association of Realtors said U.S. home sales rose 9.4 percent to a seasonally adjusted annual rate of 5.57 million in September, from a downwardly revised pace of 5.1 million in August.
Contributed by Tani Hurley Public Relations Naples News
BY DON MANLEY News Press
Even a recession can be the right time to build if a project is sufficiently unique and has location on its side.
It’s that mindset that’s resulted in Ravenna, the newest neighborhood in the upscale Miromar Lakes Beach & Golf Club community in Miromar Lakes, near Estero.
Developer and builder Gulfshore Homes will complete construction this month on Ravenna’s first building. Long-range plans call for 10 of the three-story, Venetian-styled buildings on a roughly 12-acre parcel bounded on three sides by Miromar’s lakes Como and Maggiore.
Each floor will have two residences and at each building’s base will be boat houses for each home capable of accommodating vessels up to 23 feet long. Each unit will have a private elevator.
Realtors, the developer and a Miromar official say boat houses are rare for inland developments.
ESTERO — West Bay Club in Estero is still swinging.
Sales continue at the resort-style golf community, offering traditional and tower homes.
Behind the hustle and bustle of U.S. 41, the development sits quietly near the Gulf of Mexico, bordered by Estero Bay, the Estero River and Halfway Creek.