The esTuary aT Grey Oaks on-site sales team of Melissa Williams, Dan Guenther and Sam Heitman proudly announces they have closed 2013 sales nearing $50 million dollars. Highlights of the tremendous year include the sale of Covelli Development’s Kingston and Savannah models each selling for $6 million, the listing and sale at 1275 Osprey Trail for $5.2 million, the sale of 1468 Anhinga Pointe for $3.65 million, the sale of three villa homes and seven estate homesites.

“We have seen inventory levels decline the past few seasons and this season it has gone even lower. We expect a flurry of new construction in Estuary to fill some of that void but overall the market is poised for another great sales season. Estuary’s location, available variety of new homes and large, buildable homesites coupled with an award-winning club is an ideal combination,” states Todd Kendall, Director of New Home Sales and the managing broker for the Estuary.

Several new furnished models are underway including custom estate homes from Borelli Construction, G.E.S. Construction and Stock Signature Homes. In addition, Lutgert Construction is building an unfurnished Fabiana villa. Limited villa and estate homesites remain; visit our on-site sales center for current availability.

NEWSE S t u a r ya t G r E yO a k S . c O m ✹ W I N t E r 2 014

rEcENt ON-SItE SalES

Sold HomeSiteS1222 Gordon River TrailClosed 12/13/13 – $1,250,000

1260 Gordon River TrailClosed 10/31/13 – $1,500,000

1213 Gordon River TrailNeapolitan Modelby Stock Signature Homes

1234 Gordon River TrailBiscayne Modelby G.E.S. Construction

1261 Gordon River Trail Georgetown Modelby Borelli Construction

1216 Gordon River TrailClosed 12/31/13 – $1,300,000

Sold cuStom BuildS1248 Gordon River Trail by Covelli Development

1208 Gordon River Trailby BCB Homes

1205 Gordon River Trailby Gulfshore Homes

1241 Gordon River Trail – Pendingby Covelli Development

Sold modelS 1237 Gordon River TrailKingston Model by Covelli Development$6,000,000

1433 Nighthawk PointeSavannah Model by Covelli Development$6,000,000

Sold Re-SaleS1248 Gordon River Trail - HomesiteClosed 5/10/13 – $1,040,000

1369 Noble Heron Way Closed 8/27/13 – $1,375,000

1535 Marsh Wren LaneClosed 9/19/13 – $1,550,000

1468 Anhinga PointeClosed 11/7/13 – $3,650,000

2190 Miramonte WayClosed 1/13/14 – $1,800,000

1449 Nighthawk PointePending – $5,200,000

1275 Osprey TrailClosed 3/22/13 – $5,200,000

New models underway in Estuary

SalEStO rISEcontinue

estuary at Grey oaks has added two new builders to the six existing builders in the community. a well-respected custom homebuilder based in toronto since 1986, G.E.S. construction ltd. directed by President Greg Seligman brings their 30 years of experience to the Estuary at Grey Oaks. Stock Signature Homes, the home building division of Stock Development, brings the Stock family tradition of more than ten years of trusted construction experience to luxury residences throughout Southwest Florida, with highly customized estate homes. Both builders currently have custom estate models under construction. additional builders include BcB Homes, Borelli construction, covelli Development, Gulfshore Homes, Harwick Homes and london Bay Homes.

The esTuary on-site sales team is pleased to announce the release of Stock Signature Homes Neapolitan estate model located at 1213 Gordon River Trail. The open floor plan custom estate features over 7,700 square feet of living space, five bedrooms and five full and two half baths. The West Indies inspired home by Stofft-Cooney Architects, includes an expansive outdoor living area with motorized screens overlooking a lake and golf course. Other features include a centrally located club room, attached four-car garage and second floor loft.

tWO NEWBuIlDErSenter estuary Builder Program

Estuary Introduces Stock Signature Homes Neapolitan model

Biscayne model by G.E.S. construction

lutgert construction recently began construction on a new Fabiana villa home located at 1540 Marsh Wren Lane. The home features a magnificent lake and golf course view. the transitional open concept design includes 3,516 square feet of living area with 3 bedrooms plus study and 3 full and one half baths. the villa is being offered at $1,795,000 unfurnished and is expected to be completed in Summer 2014.

a new cusTOm esTaTe mOdel underway by Estuary’s newest builder G.E.S. Construction, will be a contemporary stunner. The clean exterior, coupled with the open inviting floor plan, includes over 7,500 of luxurious living space. The open great room plan includes large floor-to-ceiling windows and pocketing sliders to allow ample natural light into the home. The transitional décor, fantastic pool, outdoor living space and sophisticated details will make this 5 bedroom, 5 full and two half baths model one of the most unique in all of Naples. For additional information, please visit the Estuary Sales Center.

INtrODucING

lutgert Villa under construction

HOmESavailable

1223 Gordon river trail $7,495,000 (unfurnished)

1261 Gordon river trail$7,995,000 (furnished)

1234 Gordon river trail $7,495,000 (furnished)

1235 Gordon river trail$6,995,000 (furnished)

1394 Great Egret trail$5,495,000 (unfurnished)

1213 Gordon river trail$6,995,000 (furnished)

1540 marsh Wren lane$1,795,000 (unfurnished)

1460 anhinga Pointe$4,450,000 (unfurnished)

1473 anhinga Pointe$4,280,000 (furnished)

1456 anhinga Pointe$3,200,000 (unfurnished)

1516 marsh Wren lane$1,985,000 (furnished)

1834 Plumbago lane$5,100,000 (unfurnished)

1504 marsh Wren lane$1,725,000 (unfurnished)

3123 Dahlia Way$3,500,000 (unfurnished)

FaBIaNa

cHIaNtI mODElGrEy OakS

GrEy OakS

FaBIaNa mODEl

NEaPOlItaN mODEl BIScayNE mODEl

GEOrGEtOWN mODEl

BOrelli cOnsTrucTiOn has begun its latest custom home in the Estuary at 1262 Gordon River Trail. Borelli’s last two model homes sold very quickly and this impressive estate is expected to sell quickly as well. The over 10,000 square foot transitional home designed by Stofft-Cooney Architects encompasses 5 bedrooms, 6 full and 3 one half baths in an open inviting plan complete with his-and-her studies, large game room with bar, spacious outdoor living space and summer kitchen, fireplace and separate VIP living suite highlighted by a full kitchen and lounge. Currently under construction this will be one of the best new homes in Naples. For more information, stop by the Estuary Sales Center.

The luTGerT cOmpanies recently completed a new model at 1516 Marsh Wren Lane. The Fabiana model features approximately 3,500 square feet of living space overlooking a large lake and the 18th hole and Estuary clubhouse beyond. The villa is a great room plan with 10’ sliders and windows allowing an abundance of natural light to fill the home. It also features 3 bedrooms plus study and 3 full and one half baths, large covered outdoor living space with cypress ceiling, fireplace and outdoor kitchen. The interior design was completed by SOCO Interiors. The model can be viewed daily: For a tour, please stop by the sales center.

New marsh Wren Fabiana Villa model

Begins Georgetown model

NOW cOmPlEtED

ExcluSIVE rEPrESENtatIVES

Borelli construction

The fOrecasT for home prices in Naples-Marco Island shines brighter than it does for any other metro area in Florida, a national housing data firm says.

Local Market Monitor recently released its predictions for home prices in 19 Florida cities. The Cary, N.C., firm tracks 315 markets nationwide. Looking ahead to the third quarters of 2014, 2015 and 2016, they ranked Naples-Marco Island first in Florida, with an expected cumulative increase of 37 percent.

Statewide, home prices are predicted to rise 26 percent for the three-year period. The biggest increase in Naples-Marco Island is anticipated in 2014, when prices are projected to rise 15 percent. In each of the two subsequent years, the firm predicts an 11 percent increase. For the state as a whole, the research firm expects prices to rise 11 percent in 2014, 8 percent in 2015 and 7 percent in 2016.

Carolyn Beggs, Local Marketing Monitor’s chief operating officer, points to Naples-Marco Island’s job growth of 6.3 percent over the past year as the prime catalyst for the sunny forecast. “Its job growth exceeds any metro market in Florida,” she said. Tourism is a main driver of the growth, she added. More retirees coming to the area permanently will also boost the population and demand for homes, she said.

The company says the current average home price of $267,587 is 18 percent below its equilibrium price, defined as when supply meets demand. Prices are expected to go up 9 percent in 2014, 6 percent in 2015 and 7 percent in 2016.

melissa

DanSam

GEt tO kNOW uSThe Estuary on-site sales team of Sam Heitman,

Melissa Williams and Dan Guenther have a combined 45 years of experience and over the past five years have closed sales totaling nearly $230 million dollars in Grey Oaks.

“Our team approach has really worked well for us and our clients,” stated Melissa Williams. The Premier Sotheby’s International Realty brand and comprehensive marketing strategies coupled with the agents expert knowledge, personal attention to detail and prompt showing response has attributed to their success.

Their sales numbers speak for themselves, if you or someone you know would like more information on how the Estuary Sales Team and Premier Sotheby’s International can assist you in buying or selling in Grey Oaks, feel free to call or stop by the on-site sales center.

Naples/marco Island #1 in

Home price Forecast

1220 Gordon river trailNaples, Florida 34105 239.261.3148Golden Gate Parkway, just west of airport Pulling roadOn-site sales center hours mon-Sat 9-5 and Sun 12-5

ExcluSIVE rEPrESENtatIVES

Dan GuenthercEll 239.357.8121DaN.GuENtHEr@SOtHEBySrEalty.cOm

Sam HeitmancEll 239.537.2018Sam.HEItmaN@SOtHEBySrEalty.cOm

®

®

Estuaryatgreyoaks.com

Melissa WilliamscEll 239.248.7238mElISSa.WIllIamS@SOtHEBySrEalty.cOm

Sotheby’s International realty and the Sotheby’s International realty logo are registered service marks used with permission. Each office is independently owned and operated. Equal Housing Opportunity. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Information deemed accurate but not guaranteed.