8111 Bay Colony Drive #1401

8111 Bay Colony Drive #1401
Contessa in Bay Colony | Pelican Bay Waterfront

8111 Bay Colony Drive #1401 8111 Bay Colony Drive #1401 8111 Bay Colony Drive #1401 8111 Bay Colony Drive #1401

Not just any view, it’s THE view! A front row seat to a stunning backdrop of beach, Gulf, blue sky and preserve begins when you enter this luxury residence. Two premium adjoining condos were beautifully crafted into one 6,121 total SQ. FT elegant floorplan offering unparalleled flowing space, unobstructed views and privacy. The 4 bedrooms, (2 Master Suites) and 4-1/2 baths are finished with top of the line materials and craftsmanship following intelligent design. You?ll fall in love every day when you come home to the comfort of a soothing coastal palette, marble flooring, artisan woodwork, Venetian plaster, glass doors PLUS 2 large wrap around balconies and several Juliette terraces as well. The chef?s kitchen is dreamy (the caterers will love it) and opens up to a truly great room complete with fireplace, projector and drop down movie screen for Hollywood style nights. The luxurious dining room and family room are perfect gathering spots for family and friends celebrating or winding down after a full day of enjoying tennis, water activities, poolside or relaxing on the beach. See more photos of Contessa 1401

Contessa 1401 Contessa 1401Bay Colony - Contessa Bay Colony - Contessa

Hamptons Chic. Impeccable updated home with a contemporary aesthetic is filled with unmatched creative touches. Materials such as reclaimed brick, white tongue & groove ceilings, industrial stainless accents, dark wood plank floors & sumptuous pops of color on the clean palette blend effortlessly into a relaxed elegance. The white kitchen is perfection with elite appliances & a spectacular island with oversized pendants for a burst of brilliance on the curved stainless sinks & gooseneck faucet. Your guests will marvel at the sinuous arched hallways accented with elegant iron chandeliers & dappled with light from numerous French doors. The stylish Owners’ wing and stunning en-suite resembles a design magazine but is oh so livable with dual walk-ins, vanities and graceful soaking tub. There are two additional private guest suites and spacious great room for fun filled evenings spent together with family & friends. The dramatic oversize pocket door to the den sets the stage for a truly inspiring space infused with natural light from two sides. Spacious courtyard & fireplace with salt pool for enjoyment day or night and a full outdoor kitchen for lakefront al fresco dining.

NAPLES, BONITA SPRINGS AND ESTERO Closed Sales

Monthly Market Report Oct 2016-new.indd Monthly Market Report Oct 2016-new.indd

• During the 12 months ending October 31, 2016, the Naples, Bonita Springs and Estero market had a total of 11,528 closings, 13% lower than the prior 12-month period when there were 13,258. (Ex 1a) The price segment between $500,000 and $1 million remained relatively stable, showing less than a 3% decrease.

• Year-to-date closed sales for Naples, Bonita Springs and Estero were 9,749 vs. 11,314 YTD 2015. This represents a 14% sales pace reduction from last year.

• Closed sales priced above $2 million year-to-date fell 23% for the Naples, Bonita Springs and Estero market, when compared to the same period in 2015. During the past 12 months, sales in this price category are down 18% (385 vs 472). New Listings/Inventory

• Available inventory on November 1, 2016 for the Naples, Bonita Springs and Estero markets consisted of 6,537 units, up from 6,081 units last month and a 31% increase over November 1, 2015.

• During the 12 months ending October 31, 2016, there were 20,124 new listings added to the Naples, Bonita Springs and Estero market, an 8.8% increase over the same period in 2015. (Ex 1a) Average and Median Sales Price

• Average price of closed sales in the Naples, Bonita Springs and Estero market during the month of October was slightly lower year-over-year, while median closed price is up 4% for the month.

• Average sales price over the past 12 months remianed approximately the same as the prior 12 months at $519,491. (Ex 2a)

• Average price of sales above $2 million fell 4.7% over the past 12 months, from $3,872,674 to $3,691,985.

 

MARCO ISLAND Closed Sales

• During the 12 months ending October 31, 2016, the Marco Island area had 827 closings, down from 992 closings for the same period last year. (Ex 1b)

• There were 713 closed sales year-to-date on Marco Island, down from 868 sales during the same period in 2015. New Listings/Inventory

• Available inventory on November 1, 2016 for the Marco Island market consisted of 662 units compared to 629 units last month.

• During the 12 months ending October 31, 2016, there were 1,514 new listings added to the Marco Island market. This represents a 10.8% increase over the same period last year when there were 1,366 new listings added. Average and Median Sales Price

• Average price of closed sales in the Marco Island market during the month of October remained consistent with October 2015, decreasing less than 2%. Median price for the month increased 5%.

• Average sales price over the past 12 months also remained stable at $726,000 vs. $738,000 a year ago. (Ex 2b)

*Marco Island statistics are obtained from the Marco Island MLS system and include only those sales and current listings on Marco Island and Key Marco