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The history of the Park Shore district began in 1964, when Raymond Lutgert purchased 760 acre undeveloped land parcel in Naples, Florida. Raymond Lutgert brought in a team of architects, land planners, and engineers during the next four years and established the first planned development district in the State of Florida. The result of the collaboration was a conceptual masterpiece, so much so that it served as a model for future development.
Park Shore has the largest homeowners association in the city and was originally platted by The Lutgert Companies. There are more than 600 single family homes, 25 high rise condos, midrise condos, and commercial real estate properties that make up the Park Shore community. Plats 1, 3, and 4 consist mostly of single-family homes and mid rise condos. Plats 2 and 5 are high rise condos, a mix of homes and mid rise condos.
The Lutgert Companies built Park Shore from 1970 to 1983. Their first Florida condominium, Colony Gardens, was a combination of townhomes with private docks on the bay and mid-rise apartments. The year after completing Colony Gardens, the company built Horizon House, the tallest and most luxurious building at the time. The trifecta was completed in 1976 with the construction of Venetian Villas.
Twelve years later, one of the most unique and creatively designed shopping areas was introduced, the Village on Venetian Bay. The Village on Venetian Bay was enhanced in 1990 with a second phase and offers a truly unique shopping experience.
About twenty years after the initial groundbreaking of Park Shore, the developers created yet another amazing development, The Vistas, followed by Le Parc in 1990 and the Enclave in 1991. Park Shore matured into one of the most premier locations in Southwest Florida by the mid 1990's. Today, Park Shore continues to offer hundreds of amenities and attractsresidents and travelers from all over the world.
Active Properties Statistics
Properties On Market
Single Family: 66High Rise (8 or more): 130
Low Rise (1-3 Floors): 73
Townhouse: 4
Villa Attached: 11
Villa Detached: 3
Avg. Asking Price
Single Family: $4,789,195High Rise (8 or more): $3,433,441
Low Rise (1-3 Floors): $967,603
Townhouse: $1,361,000
Villa Attached: $2,257,454
Villa Detached: $2,381,667
Avg. Beds & baths
Single Family: 4/3High Rise (8 or more): 3/3
Low Rise (1-3 Floors): 2/2
Townhouse: 3/3
Villa Attached: 3/3
Villa Detached: 3/3
Avg. Asking Price Per Sqft
Single Family: $1328High Rise (8 or more): $1154
Low Rise (1-3 Floors): $580
Townhouse: $614
Villa Attached: $998
Villa Detached: $852
Sold Properties
Average Asking Price
Single Family: $3,319,579High Rise (8 or more): $3,949,474
Low Rise (1-3 Floors): $750,857
Villa Attached: $1,050,750
Average Selling Price
Single Family: $3,114,753High Rise (8 or more): $3,713,816
Low Rise (1-3 Floors): $678,214
Villa Attached: $983,000
Selling vs Asking Price
Single Family: -6.17%High Rise (8 or more): -5.97%
Low Rise (1-3 Floors): -9.67%
Villa Attached: -6.45%
Avg. Days On Market
Single Family: 66High Rise (8 or more): 75
Low Rise (1-3 Floors): 183
Villa Attached: 160
Avg. Selling Price Per Sqft
Single Family: $994High Rise (8 or more): $1,176
Low Rise (1-3 Floors): $427
Villa Attached: $514
Choose Community Market History Chart (Past 90 Days):
* These market statistics are not guaranteed to be accurate and are meant only as an estimate. Statistics for Properties are based on the previous 90 days. Contact your agent for more detailed market information.
