Pelican Bay, one of Naples premier neighborhoods is having a good year in home sales. With closed sales for single family homes currently at 27 properties and active for sale properties currently at 30 for single family homes, we’re definitely seeing an upward tick. Of course, with Pelican Bay being such a highly regarded, amenity-rich, centrally located community, it comes as no surprise to anyone familiar with Naples that Pelican Bay has shown a quick route to recovery from the soft market we had experienced the last three years. We had the latest sale just last week of a single family home, located on Ridgewood Drive in Pelican Bay Woods, which is centrally located within Pelican Bay and has easy access to US 41. Setting on nearly a half acre of land, this very private property, although built in 1987, had been recently updated with all the fine appointments today’s buyers expect. Boasting an open floor plan with the great room concept, it’s a popular and highly sought after plan that many real estate purchasers expect when they come to Florida. It allows the beauty of the outdoors in, and quite honestly, and I’ll go out on a limb here, but I’d say that a solid 80% of all buyers never place window treatments in the living areas when they have this open floor plan. It shows off the flora of our surroundings and lets us appreciate the wildlife that visit us on a daily basis. As I’m writing this, a Great Blue Heron just squawked as it was coming in for a landing and an osprey hasn’t been quite since I started this blog article. They make a very high-pitched sound, although not as severe as the eagle’s pitch. It’s the cheapest form of entertainment one can have and the only decision to make is do I enjoy them poolside sipping my mojito or shall I stay inside on the couch. Tough decision, huh? The four bedroom home with over 3,300 square feet of air conditioned space and constructed of the ever popular concrete-block-stucco combines many types of floor coverings such as ceramic tile, carpet and hickory wood flooring. Shell stone is also a very popular product for the lanai and pool deck which fits well into the landscape of this seaside community and this home includes it. This property was listed for $1,495,000 and sold for about 87% of that at $1,300,000. It had been on the market for eight months before an offer was accepted and then closed quickly thereafter. If you’re wondering if there’s a single family home available for you, the answer is yes. We have seven properties available for under $1m. From a low price of $685,000 for a home with 2039 s.f. to $900,000 for a home with 3,065 s.f. For those with a budget over $1m, we have nineteen properties from $1,025,000 for 2,690 s.f. to $3,900,000 for 6300 s.f. under air. I think one of the best deals in all of Pelican Bay, for the square footage under air of over 8,000 is a home in the gated section of Pelican Bay named Georgetown. Because of the value at $2,895,000 with the amount of space it’s providing with 5 bedrooms and a gorgeous cherry paneled library with tranquil golf course view, this just may be the best deal going in Pelican Bay at the moment. The French Provincial designed home also provides a guest room area over the garage. Best of all, it’s offered turnkey furnished. So, why not take advantage of this great investment opportunity and start enjoying the Neapolitan lifestyle today. To wrap up Pelican Bay, we have four properties in Bay Colony ranging from $12,900,000 for 9775 square feet of pure beachfront luxury in The Strand to $3,299,500 for 4,715 square feet in The Shores at Bay Colony. For those that may have missed my blog article on Bay Colony, go to http://www.ruthbethem.com/blog/bay_colony_naples/2010/10/25/ Amenities and an overview of Pelican Bay will be provided in tomorrow’s blog. For further information or any questions on Naples real estate please contact Ruth Bethem at Ruth@RuthBethem.com or direct at 239-777-7007 or toll free 877-777-7545.