NAPLES, Fla. (April 3, 2017) – Limited lakefront lots remain in two popular neighborhoods at Naples Reserve, iStar’s 668-acre South Naples community of Southern Coastal-inspired attached villas, single-family and custom estate homes. In particular, lots along the centerpiece 125-acre Eagle Lake, where homebuyers have the opportunity to add a private floating boat dock, are even more limited in supply.
In Parrot Cay, just six lots remain along Eagle Lake. Fifteen other lakefront lots remain available, without the option for a private floating dock. In Sparrow Cay, only 11 lots remain on Eagle Lake, with just over one-third of the remaining neighborhood lots featuring a lakefront view without the dock option. Homebuyers in the Parrot Cay and Sparrow Cay neighborhoods can also take advantage of limited-time builder incentives if they act soon.
With oversized homesites, Parrot Cay offers custom estate homes with up to four bedrooms and four-and-a-half-baths in 2,812 to 3,594 square feet of living space. Expansive lanais emphasize a connection to the outdoors and create opportunities for alfresco entertaining.
Parrot Cay’s seven models showcase workmanship from some of the area’s top builders, including Florida Lifestyle Homes, KTS Homes, Lundstrom Development, Marvin Development, McGarvey Custom Homes and Stock Signature Homes. Parrot Cay homes start from the high-$700s.
Conveniently located near Naples Reserve’s Island Club, Sparrow Cay offers casually elegant one- and two-story home designs with open floor plans, flexible study space for personalization, optional summer kitchens and 2,384 to 3,516 square feet of living space. Sparrow Cay builders Ashton Woods and Stock Signature Homes offer designs with three or four bedrooms and up to four baths starting from the high-$400s.
Naples Reserve was created by iStar, which was named 2015 Developer of the Year by Builder and Developer magazine for its commitment to creating exceptional communities and lifestyles with an emphasis on energy efficiency and environmental stewardship.
Created amongst 22 lakes, Naples Reserve emphasizes lakefront living with opportunities for kayaking, canoeing and paddleboarding on Eagle Lake, as well as a mile-long stretch of lakefront nestled against the Picayune Strand State Forest, a 76,000-acre state park with protected pinelands, cypress swamps, marshes and abundant wildlife.
iStar has completed the community’s initial lakefront resort-inspired amenities, including the $7 million Island Club social center featuring a 5,160-square-foot clubhouse and an adjacent 3,500-square-foot fitness center with state-of-the-art equipment and a movement studio for spinning, Zumba and yoga.
The community’s Welcome Center, evocative of Key West with its palette of turquoise, beige and white, features a wraparound porch overlooking the lake and floating docks.
An expansive, resort-style zero-entry pool offers dedicated lap lanes and ample room for relaxation. Indoor and alfresco gathering areas at the Island Club include a lakeside fire pit and casual beverage and dining options at Chat ‘n Chill Tiki Bar and Latitudes Cafe. At the Outrigger Center, paddleboards, kayaks and canoes are available for residents use, as well as a flex-space available for game days, special events and other activities. Cruises on the community’s two Duffy boats depart from the center’s floating docks for residents to explore the 125-acre Eagle Lake and Kontiki Island.
The lakefront Match Point complex, offering tennis and pickleball courts, as well as a community boating ramp, is nearing completion. Naples Reserve also offers homebuyers along Eagle Lake the opportunity for a personal floating boat dock.
Additional planned amenities include a tot lot, two dog parks – Walk & Wag opening in May and Paws Awhile in 2018 – and a meandering linear park for biking, hiking and jogging. Navigating a loop road circling Naples Reserve, the park is designed to engage residents with their natural environment and provide an alternative mode of transportation throughout the community.
Naples Reserve residents receive complimentary one-year social memberships at Walker’s Hideaway Marina of Naples, a yacht club along the Gordon River offering a marina, indoor storage for 600 boats, two waterside restaurants, outdoor pool and sauna, and access to Naples Bay.
Naples Reserve offers 17 fully decorated models available for viewing in seven of 11 planned neighborhoods built by Southwest Florida’s premier homebuilders, including Ashton Woods, D.R. Horton, Florida Lifestyle Homes, KTS Homes, Lundstrom Development, Marvin Development, McGarvey Custom Homes and Stock Signature Homes. Homes are priced from the high-$200s to more than $1 million.
Naples Reserve is located off U.S. 41, 2 miles southeast of the Collier Boulevard/CR 951 intersection and 10 minutes from I-75, Exit 101.
About iStar Land & Development:
iStar Land & Development creates unique communities, considering the best use of the land with a focus on future residents. iStar has financed and invested in over $10 billion of residential projects since 1993, making it one of the largest investors in luxury condominium, multifamily and master-planned residential developments in the U.S. Its portfolio has included interests in over 18,000 condominium units in the nation’s top markets, and 65,000 acres in master-planned communities with the potential for an estimated 50,000 single-family and multifamily units. Offering a fully integrated platform, the team includes best-in-class developers, architects, builders, marketers and community liaisons.
iStar (NYSE: STAR) finances, invests in and develops real estate and real estate related projects as part of its fully integrated investment platform. Building on over two decades of experience and more than $35 billion of transactions, iStar brings uncommon capabilities and new ways of thinking to commercial real estate and adapts its investment strategy to changing market conditions. The company is structured as a real estate investment trust, with a diversified portfolio focused on larger assets located in major metropolitan markets.