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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: 37High Rise (8 or more): 73
Low Rise (1-3 Floors): 36
Townhouse: 1
Villa Attached: 9
Villa Detached: 1
Avg. Asking Price
Single Family: $5,583,486High Rise (8 or more): $3,530,790
Low Rise (1-3 Floors): $927,608
Townhouse: $1,899,000
Villa Attached: $2,097,589
Villa Detached: $2,595,000
Avg. Beds & baths
Single Family: 4/4High Rise (8 or more): 3/3
Low Rise (1-3 Floors): 2/2
Townhouse: 3/2
Villa Attached: 3/3
Villa Detached: 3/3
Avg. Asking Price Per Sqft
Single Family: $1408High Rise (8 or more): $1214
Low Rise (1-3 Floors): $585
Townhouse: $779
Villa Attached: $983
Villa Detached: $1125
Sold Properties
Average Asking Price
Single Family: $4,614,375High Rise (8 or more): $3,271,769
Low Rise (1-3 Floors): $583,960
Villa Attached: $3,663,333
Average Selling Price
Single Family: $4,257,500High Rise (8 or more): $3,100,192
Low Rise (1-3 Floors): $538,400
Villa Attached: $3,375,000
Selling vs Asking Price
Single Family: -7.73%High Rise (8 or more): -5.24%
Low Rise (1-3 Floors): -7.8%
Villa Attached: -7.87%
Avg. Days On Market
Single Family: 150High Rise (8 or more): 93
Low Rise (1-3 Floors): 133
Villa Attached: 115
Avg. Selling Price Per Sqft
Single Family: $1,382High Rise (8 or more): $1,184
Low Rise (1-3 Floors): $405
Villa Attached: $1,417
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.
