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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: 52High Rise (8 or more): 112
Low Rise (1-3 Floors): 37
Mid Rise (4-7 Floors): 1
Villa Attached: 9
Avg. Asking Price
Single Family: $4,099,738High Rise (8 or more): $3,368,096
Low Rise (1-3 Floors): $906,926
Mid Rise (4-7 Floors): $649,000
Villa Attached: $2,207,333
Avg. Beds & baths
Single Family: 3/3High Rise (8 or more): 3/3
Low Rise (1-3 Floors): 2/2
Mid Rise (4-7 Floors): 2/2
Villa Attached: 3/3
Avg. Asking Price Per Sqft
Single Family: $1110High Rise (8 or more): $1082
Low Rise (1-3 Floors): $543
Mid Rise (4-7 Floors): $618
Villa Attached: $948
Sold Properties
Average Asking Price
High Rise (8 or more): $2,073,772Single Family: $5,314,990
Low Rise (1-3 Floors): $575,790
Villa Attached: $2,123,167
Average Selling Price
High Rise (8 or more): $1,916,339Single Family: $4,714,438
Low Rise (1-3 Floors): $545,500
Villa Attached: $2,005,000
Selling vs Asking Price
High Rise (8 or more): -7.59%Single Family: -11.3%
Low Rise (1-3 Floors): -5.26%
Villa Attached: -5.57%
Avg. Days On Market
Single Family: 229High Rise (8 or more): 120
Low Rise (1-3 Floors): 97
Villa Attached: 93
Avg. Selling Price Per Sqft
High Rise (8 or more): $872Single Family: $1,216
Low Rise (1-3 Floors): $408
Villa Attached: $856
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.
