Posted on Monday, March 23, 2015
Yesterday morning we went for a walk around Windstar and wandered over to the new Regatta Landing development. What a difference. I am delighted the development will bring new people – and new friends – to Windstar but what a change to the north-east section of Windstar. The road and landscaping look great, the new Regatta landing clubhouse is going to be fantastic overlooking Haldeman’s Creek – I even like the look of the entrance to final three holes on the golf course – three holes now referred to as the “shipwreck” due to the damage they might inflict on your score oh-so-close to the finish.
Windstar is a lot like its tennis team. It seems to get better every year. Real estate momentum is building. Prices are up, supplies are down and many people do not recall golf membership levels this high.
(This well priced condo on Windjammer went under contract recently – who wouldn’t like a view of a public garden in the Florida sunshine and a private shuttle to take you to the beach?)
In addition to putting the first Regatta landing property under contract this past weekend buyers came to one of our re-sale properties on Windjammer and very soon afterwards our sellers had arranged an agreement. Well priced and well marketed resale properties are moving, the new properties in Regatta landing are starting to move and we expect further price increases in Windstar.
Despite its successful and long history, Windstar on Naples Bay is still a best-kept-secret in Naples, Florida. A book was written about Windstar, the Golf Club is nearly full, and yet at an open house last month I heard a lot of “never been here” or “did not know it was so nice back here.”
Somehow Windstar remains below the radar. Once not too long ago with a bunch of realtors packed on to the Naples Princess cruising south on the bay I pointed to east shoreline of the bay and asked the realtors what was over there. Few knew. Two miles of shore line, Tom Fazio’s first Florida golf course, properties ranging from $200,000 condos to multi million dollar single family homes and throw in a water shuttle to your own private beach on Keewaydin Island. Too funny. How could you miss it?
(keep your boat at the Southpointe Yacht Club at Windstar on Naples bay and enjoy unrestricted Gulf access)
I am often asked “How is the market doing in Windstar?” Well let’s take a look at the numbers this morning and see how supply and demand are fairing and make some predictions. Supply is tightening in Windstar and supportive of future price increases. With 27 properties on the market this morning (down six from lat month) and 15 properties sold in the last 120 days (up one from last month) an inventory of 7.2 months results. Twelve months supply is considered equilibrium. Go below this equilibrium level and prices should rise over time. The current 7.2 months should push prices up. Interestingly purchase volume is also accelerating as 120 day sales rose to 15 from 11 over recent months.
Why here though? Why is Windstar gaining in popularity? Naples Bay, the end result of the Gordon River on its way to the Gulf of Mexico offers a variety of lifestyles in the Florida Sunshine. Boaters love the idea of a short run from Windstar to the Gulf, or a trip “down the back” to beaches and Marco Island and beyond. The more adventuresome boaters might head to the Keys or the Bahamas or north to the barrier islands of Sanibel or Captiva or Tampa. You get the idea. Year round boating in the Florida sunshine. And that’s just part of the story.
(finding solitude at Windstar On Naples Bay private beach)
Life on the land is not so bad either. Here you may enjoy the community amenities like the newly renovated yacht club clubhouse, pool, spa , full-time harbor master and boat shuttle to Keewaydin Island – not to mention a great gulf course and tennis courts in some of the best condition in the County.
Windstar on Naples Bay is perched on the east side of Naples Bay facing west looking at those wonderful Florida sunsets. Right next door is the Naples Botanical Garden and even if you are not into all things horticultural you may enjoy seeing the tropical gardens and plant life – nothing like up north.
(some like to take their toys out on the big water)
Walking the grounds around Windstar on Naples Bay you will find Tom Fazzio’s first Florida golf course and an abundance of wildlife around the place. Bicycle and walking lanes are provided on the quiet roadways. Apply to join the golf club if you would like. Venture into the club house (membership optional thank you) and the second floor dining room and lanai will provide you some of the best views of the bay. An active tennis program, health club and a number of fitness classes will also keep you going.
Head south along the grounds and you will find the Southpointe Yacht Club on property – a deep water marina, club house and pool. The first and third Mondays of the month here you will find a standing party and plenty of new and friendly folks to get to know.
Heading north on the property and behind the club house find the water shuttle to take you to Windstar’s private beach on Keewaydin Island – a seven mile barrier island with few inhabitants accessible only by boat. Enjoy a walk down the beach for some shelling, see the shore birds by the hundreds, and enjoy the waters of the Gulf of Mexico without a lot of other humans around.
(The Naples Best Addresses Co-Founders)
Life on the bay. Not bad on a winter’s day. We are off this morning for business in the sunshine.
I hope you have an opportunity to visit or live in Naples or Marco Island. If you would like to know more about living here just give us a call at 239.595.3921.
Please also consider reading our book “Understanding Naples Real Estate” to get you started on a real estate search https://www.naplesbestaddresses.com/offer/ or just give us a call about things to do here.
We look forward to meeting and talking with you soon,
Mark Goebel PA, Nan Goebel PA and David Goebel, PA
Co-Founders of the Naples Best Addresses Team
Coldwell Banker
Mark Goebel, PA and Nan Goebel, PA
REALTOR Coldwell Banker 5th Avenue South
Mobile: 239.595.3921 239.595.3920
NaplesBestAddresses.com
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No legal, investment, or tax advice is being given in this Blog. Consult with legal, financial and tax professionals before acting on any real estate transaction. Actual real estate price and sales results are subject to market forces and are not completely predictable. The writings of this Blog are intended for the sole use of our clients.
We are pleased to announce a portion of our real estate earnings go to support the The Naples Botanical Garden, Habitat for Humanity Collier Count and The Naples Winter Wine Festival.
Some of the data related to Naples homes for sale and Naples real estate for sale on the NaplesBestAddresses.com website comes in part from the Broker reciprocity program of M.L.S. of Naples, Inc. The properties displayed here may not be all the properties available through the MLS reciprocity Program. This information is deemed reliable but is not guaranteed. Buyers and sellers are responsible for verifying all information about their purchase prior to closing.
Mark Goebel, PA is a REALTOR with Coldwell Banker on 5th avenue in Naples, Florida with 35+ years of visiting and living in Naples. After 25 years at Accenture, Mark retired as a managing director and spends his time helping non profits and building a Naples real estate team with his wife Nan and son David. Talk to Mark, Nan and Dave about life in Naples and why they chose this place to live full-time over all others and enjoy Naples real estate.
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