Pine Ridge Estates Market Update

05/31/16

 
Pine Ridge is a premier Naples location for residents who enjoy rural type living while being right in the center of town. Pine Ridge offers lot sizes from 1 acre up to 6 acres and is located east of US41 and west of Goodlette Frank and south of Vanderbilt Beach Rd. and north of Pine Ridge Rd. The school district is A-rated. Enjoy living only a short drive to the beach, directly across from Artis Naples and Waterside Shops and .5 mile from Mercato with a high-end theatre, incredible shops, and restaurants.

Over the past 120 days, there have been 14 closings.  Ranging in price from $550,000 to $2,700,000.
6648 Trail Blvd is the entry-level into this market it traded for $550,000.

  • 186 North Street closed in mid-March for $797,000 and the house has already been torn down.
  • 423 Center Street is a very tasteful remodel with a tennis court on 1.23 acres closed for $1,050,000.
  • On the high end, there is 672 Hickory a gorgeous remodel on 2.39 acres that closed for $2.275,000.
  • For new construction, spec house, there is 99 North Street that sold very quickly at $2,600,000.  This is good news for Pine Ridge as it traditionally is not known for spec home builds and sales.
There are currently 2 homes under contract.

There are 42 active homes in  Pine Ridge with 8 homes under a million dollars (3 in the $800's) with most of the inventory listed between $1 million and $2 million and 16 homes listed above $2 million.

As a Pine Ridge resident, I would love to help you with any and all of your real estate needs in this special neighborhood.

Warmest Regards,

Kevin Aizenshtat
Realtor

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