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Realty Check: What Your Money Will Buy ...

... for $17.65 million, $5.77 million and $1.863 million



 

$17.65 million

Resting on two properties, this luxurious beachfront estate proves to be one of the finest in the area, spanning the full distance between Gulf Shore Boulevard South and the Gulf of Mexico. “This is a historic 1926 home, which was rebuilt and restored in 1946, rebuilt again in 2007 and then improved in 2013,” says Shaun Dalton, listing agent and broker at Gulf Coast International Properties. The traditional 4,345-square-foot Spanish estate includes four bedrooms (on the second floor) with four and a half baths, walk-in closets, and a spacious kitchen and dining area with several French doors leading to covered outdoor living space. A custom pool resides within a glamorous courtyard balanced on one side by a lengthy portico and also featuring a tower structure added in 2007 to house a generator and mechanicals, as well as a look-out level. “The owners plan to build a new home on the vacant beach lot and still keep the old home,” Dalton says.

 

 

$5.77 million

This 2010 west indies-style home by falcon design overlooks Jamaica Cove and is located in the Aqualane Shores neighborhood. Featuring five bedrooms plus a den as well as six and a half baths, the home has a clean, contemporary look that suited its new owners. “The location and the view over the long Southern cove is specifically what drew the owners in,” says Monica Frengle Walsh, listing agent with Downing Frye Realty. The master suite is equipped with “his and hers” baths plus two separate offices, as well as a fireplace and a balcony with a long view of the cove. A spacious formal dining room with adjacent custom wine room and huge gourmet kitchen make the 5,500-square-foot home a breeze for entertaining. The exterior of the home has a built-in grill, fire pit, boat dock, deck and terraced infinity-edge pool. And it’s all in a location convenient to shopping along Fifth Avenue South, or to the beach via 21st Avenue South.

 

 

$1.863 million

Positioned on the largest lot in southwest cape coral is this uniquely constructed 4,638-square-foot home. “It was built with a truly unbelievable design,” says Megan Eister, broker and president at Florida WestShore Realty. The home, which was custom-built for the owners, includes virtually every upgrade imaginable—the flooring was imported from Turkey, it has a 150-foot composite dock with boat lift and boasts instant hot-water heaters. “It was built by Sky Bleu Luxury Home Builders, and the owners were originally going to live in it, but then decided they’d rather build a home in another part of the county, so they put it up for sale,” Eister says. The home includes four bedrooms, three full baths and two half-baths, all while showcasing the intersecting canal from almost every room.

 

 

MARKET TALK

Tuscan Style Out, Contemporary Look In

Tuscan-themed homes were once as popular as palm trees in Southwest Florida, but it seems as though prospective homeowners are no longer interested. Shannon Lefevre with John R. Wood Properties says the rustic, Mediterranean look is so dominating throughout the homes that it’s hard to sell them because they’re difficult to change. Though the look was popular for years, a clean-cut contemporary style is now captivating buyers.

“It has been my experience that styles do have a life cycle of appreciation,” says Jon Kukk, president of Kukk Architecture & Design in Naples. “We are seeing a trend away from Mediterranean-style architecture toward a cleaner, more contemporary styling we are calling coastal or transitional. It’s a transition to more modern influences but still having the warmth, proportions and familiarity of the traditional/vernacular. Heavy ornate detail and gingerbread elements are out.”

During the downturn, a lack of new construction left buyers without other, less Italian options for their upscale needs. And it actually kept buyers out of the market. “Only two buyers from last year’s sales were interested in the Tuscan homes out of all my prospective buyers,” Lefevre says. Before the change in the market, it was noted by Lefevre that the clean, contemporary look was where the home trend was headed. “Now that the market has ramped back up, people now have the choices for the first time in several years,” says Lefevre.

BCB Homes sales director Barbie Kellam says people who are looking to have a home custom-built are leaning toward a cleaner, more modern style both inside and out, meaning they are interested in warmer finishes, less cluttered details and lighter colors. “We have been building more contemporary homes than we ever have before,” Kellam says. Homes are incorporating wide-open floors plans, oversized windows and a sleek exterior appearance.

 

 

NEIGHBORHOOD WATCH

Miromar Lakes Beach & Golf Club

​Miromar lakes is a residential waterfront resort community with freshwater lakes, sandy white beaches and a championship golf course located just minutes from Southwest Florida International Airport and in prime location for dining, shopping and entertainment. Miromar Lakes was previously ranked as the No. 1 community in the United States for 2010.

Total number of properties: 1,000

Total sales, December 2013-December 2014: 94

Price range: $500,000 to $5 million

On the market: A three-bedroom single-family villa home located on Porto Romano is listed at $591,580. The home has a 2,255-square-foot open floor plan, including a pool with an impressive view. The kitchen has upgraded tile flooring, granite countertops and stainless steel appliances. The home is still in construction and will be completed in spring 2015.

Recent sale: A lavish three-bedroom estate located in the Bellamare neighborhood overlooking Lake Como (shown) sold for $1.726 million. Featuring a den and equipped with three and a half baths, the 3,472-square-foot home was just right for the new owners from Massachusetts. “They walked in and pretty much knew it was their home,” says Jennifer Springer, broker associate and owner at Orchid Realty Group with Keller Williams Elite. “It has one of the best locations in Miromar Lakes with a beach walkout that runs for 3 miles.”

 

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