NAPLES, Fla. (April 5, 2018) – Naples Reserve, iStar’s 688-acre community of Southern Coastal-inspired attached villa, single-family and custom estate homes, hosted a Passport to Parrot Cay block party for 75 potential homebuyers.

After touring the exclusive Parrot Cay neighborhood and models offering flexible great room floor plans and expansive outdoor living spaces starting from the high-$700,000s, guests enjoyed dinner and entertainment under the stars.

Parrot Cay offers homes by Florida Lifestyle Homes, KTS Homes, Lundstrom Development, Marvin Development, McGarvey Custom Homes and Stock Signature Homes that range from 2,811 to more than 3,507 square feet and feature a blend of lake- and nature-views. Homebuyers have the option to choose from existing floor plans or start from scratch, and then work with Parrot Cay builders to customize their home design to reflect their own individual personality and lifestyle.

Two Parrot Cay homes were recently honored with 2018 Parade of Homes Awards by the Collier Building Industry Association in recognition of overall excellence in construction and design. The Newport, built by KTS Homes, was the winner in the $1,000,0001 to $1,500,000 category. The home design offers three bedrooms and two baths under 3,030 air-conditioned square feet.

Florida Lifestyle Homes’ three-bedroom, three-and-a-half bath Siesta Key model was a merit award recipient in the $1,000,0001 to $1,500,000 category. The model offers 2,811 square feet of expansive living space.

Created amongst 22 lakes and sweeping open water views, the community emphasizes lakefront living with Southern Coastal-inspired homes and amenities along the water’s edge. Lakes provide prime opportunities for kayaking, canoeing and paddleboarding, as well as using the community’s new Hydrobikes. The community’s centerpiece 125-acre Eagle Lake features a large tiki hut on destination Kontiki Island and also offers 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.

The Island Club offers an expansive, resort-style, zero-entry pool with a tropical waterfall and dedicated lap lanes, along with nearby bocce ball courts and a white-sand beach for lounging.

Indoor and alfresco gathering areas at the Island Club include a lakeside fire pit and casual beverage and dining options at the Chat ‘n Chill Tiki Bar and Latitudes Cafe.

At the Outrigger Center, a variety of watercraft options are available for resident use, as well as a flex-space available for game days, special events and other activities. Cruises on the community’s two Duffy electric boats depart from the center’s floating docks for residents to explore Eagle Lake and Kontiki Island.

Homebuyers can add private floating boat docks to available lots bordering Eagle Lake, where residents can enjoy electric boats, as well as boats with motors up to 2.5 horsepower.

Residents can also enjoy the lakefront Match Point complex, which offers five tennis and four pickleball courts. And nearby, the Walk & Wag dog park offers four-legged friends a place to play.

An additional dog park, Paws Awhile, is planned, as well as the Kid’s Cove playground and picnic area 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.

One of the best-selling South Naples communities, Naples Reserve offers 17 fully decorated models available for viewing, built by Southwest Florida’s premier homebuilders, which also include Ashton Woods and D.R. Horton. Homes are priced from the high-$200,000s 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. Visit the community at 14885 Naples Reserve Circle or online at www.naplesreserve.com.

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.

About iStar:
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. Additional information on iStar is available on its website at www.istar.com.

Read More About Naples Reserve