Summerwood floor plan – new construction home by Pulte Homes at Corkscrew Shores, Estero, Florida – photo: pultehomes.com
The Summerwood new construction home at Corkscrew Shores in Estero, Florida, is everything that is wonderful about buying a new construction home. You can make the Summerwood single-family model by Pulte Homes truly your own unique home.
“The Summerwood is known for its flexible layout and open living space. Granite countertops, large center island, and a walk-in pantry complement the kitchen. And if it’s space you need, you’ll relish the optional second story loft that includes an added bedroom and bath, perfect for guests or your own getaway.”*
The Summerwood model can be built to your specification of 1 or 2 floors, and 2 to 5 bedrooms. Nine exterior designs (elevations) are available. From 1,861 square feet, starting at $338,990.*
“Spanning across over 700 acres, Corkscrew Shores includes 648 picturesque home sites nestled around natural wooded preserves and the community’s centerpiece–a sparkling 240-acre lake. The gated Estero community features a resort-style amenity center, artfully sculpted into a large peninsula. Explore our collection of single-family home designs that offer a variety of open floor plans with flexible living spaces and gourmet kitchens, perfect for entertaining.”*
Corkscrew Shores community features include:
- Resort Pool
- Grand Clubhouse
- 240-Acre Neighborhood Lake with fishing dock
- Captains Club – Outdoor Bar & Restaurant
- Har-Tru Tennis and Pickleball Courts
- Bocce Ball Courts
- Kayak & Canoe Launch
- Walking Trails
- Community Gathering Room
- Fitness Center and Movement Studio
- Catering Kitchen
- Activity Room
- Conference Room
- Fire Pit
- Play Field & Pavilion
- Homesites with Expansive Lake Views and Nature Preserve Views
- No CDD
Nearby in Estero and surrounding communities:
- Excellent K-12 and Higher Education Schools
- Close proximity to a wide selection of Retail, Restaurant, and Entertainment Venues
- Easy Access to I-75 and Southwest Florida International Airport
Contact David 239-285-1086 for more information on new construction homes in Estero, new construction floor plan variations, and to arrange a visit to Corkscrew Shores in Estero, Florida.
Prices may not include lot premiums, upgrades and options. Community Association and golf fees may be required. Prices, promotions, incentives, features, options, amenities, floor plans, elevations, designs, materials, and dimensions are subject to change without notice. Square footage and dimensions are estimated and may vary in actual construction. Community improvements and recreational features and amenities described are based upon current development plans which are subject to change and which are under no obligation to be completed. Actual position of house on lot will be determined by the site plan and plot plan. Floor plans, interiors and elevations are artist’s conception or model renderings and are not intended to show specific detailing. Floor plans are the property of PulteGroup, Inc. and its affiliates and are protected by U.S. copyright laws. For further information, see our terms of use. This is not an offering to residents of NY, NJ, CA or CT or where otherwise prohibited by law. Pulte Home Corporation is a licensed California real estate broker (Lic. # 00876003).*
*From Pulte Homes website
More Buyers Choose Conventional Mortgage Loans to Purchase Their Home
Naples, Fla. (November 18, 2016) – Over 44 percent of homes purchased in October used conventional financing methods (e.g., mortgages), according to a report released by the Naples Area Board of REALTORS® (NABOR®) that detailed activity in the greater Naples housing market during October 2016. The October 2016 Market Report, which tracks home listings and sales within Collier County (excluding Marco Island), showed a gradual – but continuous – decline in cash sales with growth in conventional sales during the last 12 months.
In October 2015, cash sales accounted for nearly 65 percent of all homes sales in Naples, whereas in October 2016, cash sales accounted for only 56 percent of all homes sales in Naples. Interestingly, homes purchased in the $300,000 to $500,000 price category in October reflected the highest percentage of conventional sales (60 percent) of all the price categories reported.
“Increased use of conventional mortgages in October may be an indication of increased consumer confidence coupled with a better lending environment,” said Rick Fioretti, NABOR® President and Broker Associate with Berkshire Hathaway Home Services Florida Realty. “In October 2014, only 32 percent of all home sales used conventional financing. In October 2015, conventional financing increased to 35 percent of overall sales.”
The October 2016 Market Report showed overall pending sales decreased 13 percent to 702 pending sales in October 2016 from 807 pending sales in October 2015. Interestingly, overall pending sales in the $500,000 to $1 million price category actually increased 14 percent to 125 pending sales in October 2016 from 110 pending sales in October 2015. Likewise, pending sales of condominiums in the $500,000 to $1 million price category increased 30 percent to 57 condominiums in October 2016 from 44 condominiums in October 2015. The increase in pending sales extended to the single-family home market as well, in which both the $300,000 to $500,000 price category and $500,000 to $1 million price category increased 3 percent.
In the closed sales category, the October 2016 Market Report showed overall closed sales decreased 7 percent to 556 closed sales in October 2016 from 601 closed sales in October 2015. However, closed sales of condominiums in the $1 million to $2 million price category increased 80 percent to 9 condominiums in October 2016 from 5 condominiums in October 2015. And closed sales of single-family homes in the $300,000 to $500,000 price category increased 21 percent from 120 single-family homes in October 2016 from 99 single-family homes in October 2015.
For October, the overall median closed price increased 6 percent to $320,000 in the 12-months ending October 2016 from $302,000 in the 12-months ending October 2015. Conversely, the overall median closed price for homes above $300,000 did not reflect a recordable change. Homes in the $300,000 and below price segment, which experienced a 10 percent increase to $215,000 in the 12-months ending October 2016 from $195,000 in the 12-month ending October 2015, is once again responsible for driving the overall median closed price increase.
The NABOR® October 2016 Market Report provides comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. The NABOR® October 2016 sales statistics are presented in chart format, including these overall (single-family and condominium) findings:
| CATEGORIES |
October 2016 |
October 2015 |
CHANGE |
| Total homes under contract (pending sales) |
702 |
807 |
-13% |
| Total closed sales |
556 |
601 |
-7% |
| Median closed price |
$315,000 |
$290,000 |
9% |
| Total active listings (inventory) |
5,426 |
3,903 |
39% |
| Average days on market |
85 |
74 |
15% |
| Single-family closed sales |
295 |
310 |
-5% |
| Single-family median closed price |
$375,000 |
$385,000 |
-3% |
| Single-family inventory |
2,849 |
2,210 |
29% |
| Condominium closed sales |
261 |
291 |
-10% |
| Condominium median closed price |
$240,000 |
$230,000 |
4% |
| Condominium inventory |
2,577 |
1,693 |
52% |
Geographically, inventory in the Naples Beach (34102, 34103, 34108) and North Naples (34109, 34110, 34119) areas increased the most in October. In the Naples Beach area, single-family home inventory rose 25 percent to 567 single-family homes in October 2016 from 454 single-family homes in October 2015, and condominiums increased 71 percent to 655 condominiums in October 2016 from 384 condominiums in October 2015. For North Naples, single-family home inventory rose 35 percent to 878 single-family homes in October 2016 from 650 single-family homes in October 2015, and condominiums increased 64 percent to 734 condominiums in October 2016 from 447 condominiums in October 2015.
“There are plenty of homes to buy and sell in Naples,” said Fioretti, who ends his term as NABOR® President in December. “It’s going to take some time to see how the market will react to the election and the changes in the government, but I believe the challenge we REALTORS® face in the short-term is educating the public on market pricing. The value of a home relates to local sale prices and a realistic price means a rapid sale.”
Isabella 2-story new construction home by London Bay Homes, at Mediterra, Naples.
Photo: mediterranapleslp.com
Click photo for more about the Isabella at Mediterra Naples
Home prices: West still holds most expensive markets
Lack of inventory once again pushed against home prices, causing them to accelerate faster in the third quarter, according to the most recent quarterly report from the National Association of Realtors.
The median existing single-family home price increased in 87% of the 178 measured metropolitan areas. Seven of the top 10 markets with home price increases were in the West, including San Jose, California, where the median home price hit $1 million for the second quarter in a row.
On the other hand, 22 metro areas, about 12%, recorded lower median home prices from than last year.
“Mortgage rates around historical lows and solid local job creation created a winning formula for sustained homebuying demand all summer long,” NAR Chief Economist Lawrence Yun said.
“Unfortunately for house hunters in several of the top job producing metro areas around the country, deficient supply levels limited their options and drove prices higher – especially in markets in the West and South,” Yun said.
The national median single-family home price hit $240,900 in the third quarter, up 5.2% from last year’s $228,900 and last quarter’s $240,700. It just hit the current peak in quarterly median sales price.
Possibly due to lack of inventory, existing home sales including single-family and condos, decreased 2.2% to a seasonally adjusted annual rate of 5.38 million in the third quarter. This is down from 5.5 million in the second quarter, and 0.4% lower than last year’s 5.4 million.
“After climbing to their highest annual pace in over nine years in June, sales sputtered in the third quarter because inventory could not catch up with what was being quickly sold,” Yun said. “Only a decent rebound in September kept the monthly and annual sales declines from being even larger.”
At the end of the quarter there were 2.04 million existing homes available for sale, 6.8% less than last year. The average supply for the quarter was 4.6 months, down from 4.9 months last year.
And yet, despite all of this, affordability is still improved from last year due to higher incomes and lower interest rates. As it stands, a buyer making a 5% down payment would need an income of $51,661, a 10% down payment would require an income of $48,942, and a $43,504 income for a 20% down payment.
In fact, when adjusting for inflation and the amount of purchase power provided by low interest rates, home prices actually dropped in the past 16 years, First American Chief Economist Mark Fleming said in an interview with HousingWire and the Mortgage Bankers Association annual in Boston.
“If mortgage rates start to rise heading into next year, prospective buyers could face weakening affordability conditions in their market unless supply dramatically improves,” Yun said. “That’s why it’s absolutely imperative that homebuilders ramp up the production of more single-family homes to meet demand and slow price growth.”
Floorplan: Isabella 2-story new construction home by London Bay Homes, at Mediterra, Naples. photo: mediterranapleslp.com
London Bay Homes’ four-bedroom Isabella Two-Story floor plan has a spacious 4,285 square feet of air-conditioned living area. The Old World-inspired Serata neighborhood at Mediterra Naples, Florida, is the perfect setting for this luxurious new construction home.
The Isabella floor plan offers an open flow from indoor to outdoor areas. The second-story covered balcony overlooks the spacious outdoor living area, custom pool and spa.
Isabella 2-story new construction home by London Bay Homes, at Mediterra, Naples. photo: mediterranapleslp.com
The model includes:
- 4,285 square feet of air conditioned living space
- 4 bedrooms
- 5 bathrooms
- formal dining room
- study
- large master suite
- 2nd floor loft living area, bedroom and bath
- open great room plan
- custom pool and spa
- outdoor kitchen
- 3 car garage
Interior design, furnishings and selections by Romanza Interior Design, the model features Mediterranean-style architecture accented with corbels, 12-inch projecting cornices, decorative medallions and banding.
Mediterra is a luxury home community with golf and beach club in Naples, FL. “Mediterra is known for its architecture, culture, fine dining and alluring beach club.”
Contact David for more photos, floor plans, and information about London Bay Homes’ Isabella model, the community of Mediterra, Naples.
See ‘Hamilton’? Sail to Havana? Prizes set for Winter Wine Fest
The Naples Winter Wine Festival has released a final list of wow-er-than-ever prize auction lots for its 2017 auction, and even board members admit to having their noses pressed against the figurative store window.
“We did this to ourselves,” said Brian Cobb, one of the co-chairs of the festival Jan. 27-29. “We tried to have a lot of ingredients in a lot of lots this year. We tried to mix it up, and we had a lot more input from board members than we usually do.”
The festival, which has brought in $146 million for its Naples Children & Education Foundation, swaps places nearly every year with Napa Valley as top-grossing festival. It has topped Wine Spectator’s Top Ten Charity Wine list for at least eight of the last 12 years.
Among its initiatives have been development of the NCEF Early Childhood Center in East Naples, its child care partnership and construction of a primary care clinic in Immokalee, and its “Lunch Boxes of Love” that provide nutritious food to children who might otherwise go hungry or be undernourished.
NCEF raises money through its $10,000 per couple Naples Winter Wine Festival each January. The festival has become known for both its vintner dinners, which pairs celebrity chefs and well-known vineyards, and a wine auction that includes experiential packages found nowhere else in the world.
Among the travel covetables just announced:
» An exclusive week on the private Australian island of Virgin Group magnate Sir Richard Branson. Among its offerings: a sunset cruise on the island’s aircraft carrier barge and a gourmet picnic on its secluded Northshore beaches.
» A skiing adventure that includes private jet transportation to a private ski and golf community, the Yellowstone Club, where lot winners could run into — not literally, they hope — members such as Justin Timberlake, Bill Gates and Jennifer Garner on the slopes. Next, jet to Deer Valley for a stay in suites at the slopeside St. Regis and more skiing.
» Sailing, by private yacht, to Havana for a luxury Cuban holiday in a nation on the brink of change and with new interest in and from the U.S..
» A seven-day fresh-air feast, with hideaway hikes on lesser known trails and close looks at attractions such as Old Faithful at Yellowstone Park. A transfer to an Amangan deluxe suite overlooking ski and hiking mecca Jackson Hole includes offroad tours and more. Visits to Zion National Park and both rims of the Grand Canyon will offer similar adventures.
» A suite for two weeks on The World to winner’s choice ports of call, with five of those nights onboard with Ann Colgin and Joe Wender, of Colgin Cellars; a private onboard dinner party and vertical wine tasting with the ship’s sommelier are included.
» A week absorbing wine, culinary and cultural experiences across Argentina, with private tango lessons, spa treatments and VIP wine tastings. There’s a private dinner at celebrity chef Francis Mallman’s restaurant, where he presides over the pit cooking that has brought him international fame.
» A week at Villa Paraiso, a sweeping open-air home on a private beach in Manzanillo, Mexico, with views of both the Sierra Madre Mountains and the Pacific Ocean from its dual-level infinity-edge pool.
Experiential packages have two unorthodox offerings. One is a Madison Square Garden suite “donated to us by the owner,” said Cobb; the other is a trip with top amenities to see a concert that pulls in music stars like Florence and the Machine, the Lumineers, Buddy Guy and Lenny Kravitz: » A three-city, three-nation hop among Broadway, to see the musical sensation “Hamilton”; the elegant Schloss Elmau spa and retreat in the Bavarian Alps; and an exclusive Chopard Jewelry event in Geneva.
» The luxury suite at Madison Square Garden for 20 people, with your choice from a variety of high-profile events, such as concerts by Billy Joel or Ariana Grande, a New York Knicks game or The Westminster Dog Show.
» Four platinum tickets to the dream rock concert known as BottleRock. Last year the trip for four to the three-day Napa Valley concert of music giants was so coveted it went for $240,000 — and two other bidders matched it to bring in around $750,000 for the 2016 Naples Winter Wine Festival. It includes lodging, private shuttle to premium seats, meals prepared by name chefs and more.
» The Concours d’Elegance at Pebble Beach, with chauffeured service in a Bentley, to see 200 of the most prized collector cars in the world. Weekend lodgings are at a private home on 20 acres in the Santa Ynez Valley, with one night at San Ysidro Ranch in Santa Barbara.
» A private performance by hot-ticket comedian Sebastian Maniscalco. The winner chooses the destination, and Maniscalco unloads his manic takes on what everyone is thinking for 50 people of the winner’s choosing.
» VIP access to the “Project Runway” season finale in New York City and a meetand- greet with supermodel-businesswoman Heidi Klum, plus tickets to the Michael Kors and Zac Posen fashion shows. Included among meals at haute cuisine places is a dinner at Fowler & Wells, celebrity chef Tom Colicchio’s new restaurant.
Two things are important to the spirit of the festival, according to Cobb: That “everything under the tent goes toward the children,” that is, bettering the lives and futures of children in Collier County; and that the festival stay true to its title as a wine festival “That’s important to us. We tried to pair a wine component with as many lots as possible,” Cobb said. Even the BottleRock concert has an evening dedicated to good wine, food and a concert with two of the NWWF 2017 co-chairs, Jeff Gargiulo and Valerie Boyd, at their nearby vineyard.
Some of the lots are expressly dedicated to appreciating wine, including: » A private visit to the home of Krug Champagne in Reims, France, where winners will open and taste “Krug Collection 1966,” one of the last of the bottles in the Krug cellar.
» Three nights in an 18th century guest house in Beaune, France, the wine capital of Burgundy, including a personal visit of Maison Joseph Drouhin’s historic cellars. It comes with private dinner in their 13th century cellar and an exclusive tour through Burgundy’s best vineyards.
» An 11-night package stay in Venice, Verona, Valpolicella, Montalcino and Bolgheri. Lot winners will enjoy events such as a vertical tasting of top Allegrini wines, dinner at its historic Villa Della Torre and a private visit to the Peggy Guggenheim Collection in Venice
