New Golfing Enclave In North Naples Takes Real Estate Market By Storm
by Office Staff
on Tuesday, March 18th, 2014 at 10:51am.
With the opening of a new golfing enclave, the Esplanade Golf and Country Club in North Naples, development is surely pointing in only one way –upwards.
Sales are kicking off on Immokalee Road, to the west of Collier Boulevard on the 22nd of March, 3 p.m. prompt. The new-gated community is a sight to behold indeed. Planned to ultimately include around 1,120 coach and single-family homes, it has a wondrous 170 acres of lakes, not to mention it is over 1,000 acres of pristine perseveres and wetlands.
As anyone might have guessed, such prime real estate does not come cheap. Purchase starts from a princely $359,900. Even if the realtor, Taylor Morrison has not said a word concerning the full price ranges, experts estimate a range of $350,000 to over $600,000.
Described as an ideal site for real estate development, it is expected that the area will be nexus for economic activity. More optimistic estimates from the tax office show that the new development can be raking in as much as $40 million in additional tax revenues and even add over $30 million to government spending as development impact fees.
Quite close to well-known shopping complexes, restaurants, entertainment arenas and impressive beaches, the developers are very positive-minded, believing the area is going to become very popular over time. A world-class private golf course is one of its most prominent landmarks, and for the future occupants, it is important to mention that the area is far from the traffic congested zones.