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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: 62High Rise (8 or more): 114
Low Rise (1-3 Floors): 58
Townhouse: 1
Villa Attached: 13
Villa Detached: 1
Avg. Asking Price
Single Family: $4,667,402High Rise (8 or more): $3,869,313
Low Rise (1-3 Floors): $978,176
Townhouse: $1,825,000
Villa Attached: $2,479,408
Villa Detached: $1,995,000
Avg. Beds & baths
Single Family: 4/3High Rise (8 or more): 3/3
Low Rise (1-3 Floors): 2/2
Townhouse: 3/2
Villa Attached: 3/3
Villa Detached: 3/2
Avg. Asking Price Per Sqft
Single Family: $1315High Rise (8 or more): $1252
Low Rise (1-3 Floors): $587
Townhouse: $748
Villa Attached: $1102
Villa Detached: $727
Sold Properties
Average Asking Price
Single Family: $3,034,143High Rise (8 or more): $3,691,364
Low Rise (1-3 Floors): $485,317
Villa Attached: $1,719,500
Average Selling Price
Single Family: $2,913,183High Rise (8 or more): $3,498,636
Low Rise (1-3 Floors): $452,667
Villa Attached: $1,650,000
Selling vs Asking Price
Single Family: -3.99%High Rise (8 or more): -5.22%
Low Rise (1-3 Floors): -6.73%
Villa Attached: -4.04%
Avg. Days On Market
Single Family: 61High Rise (8 or more): 99
Low Rise (1-3 Floors): 103
Villa Attached: 122
Avg. Selling Price Per Sqft
Single Family: $1,062High Rise (8 or more): $1,219
Low Rise (1-3 Floors): $419
Villa Attached: $710
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.
