Introduction to Naples
Are you considering a move to Naples, Florida, and wondering which neighborhood might be the perfect fit for your lifestyle? Naples is not just a haven for retirees; it's a vibrant community with diverse neighborhoods that cater to different tastes and needs. From luxurious waterfront properties to family-friendly communities, Naples offers a variety of living options. This article will discuss some of the best places to live in Naples based on lifestyle preferences.
In today's article, we will explore the best neighborhoods in Naples, Florida. Whether you're a beach lover, golf enthusiast, or like to stay active, there's a perfect neighborhood for you. This guide will help you understand the different areas in Naples and what they offer.
The Layout of Naples
Unlike other major cities with a downtown area surrounded by suburbs, Naples is set up differently. Out of the 22,000 square miles that make up Collier County, Naples only occupies about 16 square miles. Besides Marco Island and Everglade City, the rest of Collier County is unincorporated and often called Naples. Therefore, the terms Naples and Collier County are used somewhat interchangeably. Locations in Naples are described based on roadways or specific communities.
Current Real Estate Market Conditions
The Naples housing market is experiencing a period of moderation characterized by slower but steady home value appreciation. As of May 2024, the median sale price for homes in Naples reached $834,000, marking a 14.9% increase compared to the previous year. This slower pace of growth indicates a shift toward a more balanced market, offering buyers more negotiation power and time to make informed decisions.
Despite the moderation, Naples continues to see appreciation for home values. The average home price has significantly risen over the past decade, with an impressive long-term growth rate. For instance, homes in Naples have appreciated by 195.16% over the last ten years, translating to an annual growth rate of 11.43%. This strong appreciation places Naples among the top 10% of all U.S. communities for long-term real estate growth.
The current market dynamics favor buyers more than in previous years. Homes are staying on the market longer, averaging 64 days to sell in May 2024 compared to just 36 days the prior year. This increased inventory and reduced competition have given buyers more leverage to negotiate prices, often securing properties below the asking price. The sale-to-list price ratio is 94.4%, meaning homes typically sell for about 5% less than their listed prices.
Top Neighborhoods in Naples
1. West of US Highway 41 (Tamiami Trail)
Port Royal
Port Royal is the epitome of luxury living in Naples, featuring ultra-luxurious waterfront estates on deep, wide water canals. Homes in this prestigious neighborhood start at around $10 million and can exceed $60 million. The architectural design and direct deep-water access make it a haven for yachting and water sports enthusiasts. Residents also enjoy proximity to upscale shopping, fine dining, and cultural attractions on Third Street South and Fifth Avenue South.
Pelican Bay
Pelican Bay is known for its extensive amenities, including private beach access, nature preserves, and recreational facilities. Homes range from high-rise condos priced between $2 million and $5 million to single-family houses starting at $5 million. Pelican Bay offers a luxurious lifestyle with numerous dining, shopping, and entertainment options, making it a highly desirable neighborhood. With 6,500 residences and 95 distinct associations, it almost covers an entire zip code. Pelican Bay is home to the prestigious Club at Pelican Bay, featuring 27 holes of golf designed by Arthur Hills, a 15,000-square-foot clubhouse, and a wellness center.
Park Shore
Living in Park Shore feels like a perpetual vacation. This vibrant neighborhood features waterfront homes and condos with stunning views of the Gulf of Mexico. Prices for homes range from $2 million to $15 million, while condos range from $400,000 to over $10 million. Park Shore residents enjoy a private beach, upscale boutiques, and fine dining at the Village Shops on Venetian Bay.
The Moorings
The Moorings is renowned for its waterfront estates and condos, offering residents access to private beaches and stunning views of the Gulf of Mexico. Home prices range from $2 million to over $12 million, while condos range from $400,000 to over $6 million. The Moorings Country Club provides an exclusive golfing experience, and the neighborhood's proximity to downtown Naples ensures ample shopping and dining options.
Old Naples
Old Naples is the city's heart, blending historic charm with modern luxury. This neighborhood offers a variety of housing options, from quaint cottages to beachfront estates priced from $3 million to over $20 million. Condos range from $400,000 to over $8 million. Old Naples is within walking distance of the iconic Naples Pier and the vibrant shopping and dining districts of Third Street South and Fifth Avenue South.
Learn About: Top Most Affordable Neighborhoods in Naples, FL: Lowest Affordable Naples Suburbs & Communities
2. Between Tamiami Trail and Goodlette Frank Road
Pine Ridge
Pine Ridge is a unique neighborhood offering traditional single-family homes on large lots, often over an acre. Prices range from $2 million to $10 million. This community does not have an HOA, providing a more private and spacious living environment close to the beach and other amenities.
Lake Park
Lake Park is another desirable neighborhood without an HOA. It offers single-family homes on sizable lots, with prices ranging from $2 million to $10 million. Residents enjoy a short drive to the beach, shopping, and dining, making it a convenient and attractive place to live.
3. Naples Redevelopment Area
Bayfront
Bayfront is a popular mixed-use community close to downtown. It features condos and villas above retail and office spaces. Prices range from $1 million to $5 million. This area offers a pool, clubhouse, fitness facility, and easy shopping, dining, and entertainment access.
4. Between Goodlette Frank Road and Airport Pulling Road
Affordable Condo Communities
Neighborhoods like Naples Bath and Tennis, Pine Woods, and Turtle Lake offer more affordable condo options, priced between $300,000 and $400,000. These communities, built in the 1970s, provide a convenient location close to grocery stores, movie theaters, and other amenities.
Wilderness Country Club
Wilderness Country Club offers resort-style living with homes priced from $300,000 to $1.1 million. Residents must purchase an unlimited golf membership and enjoy access to pools, tennis courts, a restaurant, and more.
5. East of I-75 and North of Vanderbilt Beach Road
Resort-Style Communities
Communities like Glen Eagle, Grey Oaks, and Kingsdale Gardens, built in the early 2000s, offer modern amenities and mature landscaping. These neighborhoods are about a 30-minute drive from the beach, making them more affordable while still providing luxurious living.
6. East of I-75 and South of Pine Ridge Road
Golden Gate Estates
Golden Gate Estates is a more rural area with homes on acre lots, priced variably. This community offers a private lifestyle with well and septic systems, appealing to those who prefer a quieter environment.
7. East Naples
Resort-Style Communities
Communities like Isles of Collier Preserve, Verona Walk, and Treviso Bay offer newer, well-maintained amenities and homes priced under $1 million. These neighborhoods balance affordability and luxury with easy access to downtown Naples and the beach.
Additional Insights: North Naples Communities
Pelican Bay
Pelican Bay is a massive community, primarily non-gated, with some gated sections and condo buildings. Ninety-five distinct associations within Pelican Bay offer everything from sprawling estate homes to high-rise condos. The community, which started building in 1979, continues to expand with new luxury high-rises like the Peak. Pelican Bay residents enjoy exclusive access to two private beaches with restaurants, tennis courts, a wellness studio, and the Club at Pelican Bay, which boasts 27 holes of golf.
Esplanade
Esplanade, located off Immokalee Road, is a luxurious bundled golf community with homes built between 2003 and 2022. This community offers amenities such as a resort-style pool, pickleball, tennis, a spa and salon, a fitness center, and 14 miles of walking and biking paths. Homes in Esplanade range from $560,000 to $3.3 million. The community center features a restaurant, a wine-tasting room, and a Starbucks-style café.
The Vineyards
The Vineyards is a large community with 38 separate gated neighborhoods and 2,719 homes. It offers optional membership for amenities such as a racquet center, resort-style pool, wellness center, spa, dining, and golf. Homes in The Vineyards range from $325,000 to $3.1 million, offering various housing options. The community is located just seven miles from Vanderbilt Beach.
Naples, Florida, offers diverse neighborhoods, each catering to different lifestyles and preferences. Whether you're looking for a bustling community close to shops and restaurants or a quiet retreat with private beach access, Naples has something to offer everyone.
FAQ: The Best Neighborhoods in Naples, Florida
1. What are the most luxurious neighborhoods in Naples, Florida?
The most luxurious neighborhoods in Naples, Florida, include Port Royal, Pelican Bay, and Park Shore. These areas feature ultra-luxurious waterfront estates, high-rise condos, and extensive amenities such as private beaches and golf courses.
2. What amenities does Pelican Bay offer?
Pelican Bay offers various amenities, including private beach access, tennis courts, a wellness studio, a fitness center, and the Club at Pelican Bay, which has 27 holes of golf designed by Arthur Hills. The community also has trams to private beaches and several dining options.
3. What is the average home price in Park Shore?
The average home price in Park Shore ranges from $2 million to $15 million for waterfront homes, while condos range from $400,000 to over $10 million. Prices vary based on location, view, and amenities.
4. Are there any affordable neighborhoods in Naples, Florida?
Yes, neighborhoods like Naples Bath and Tennis, Pine Woods, and Turtle Lake offer more affordable condo options, priced between $300,000 and $400,000. These communities are conveniently located near grocery stores, movie theaters, and restaurants.
5. What makes Port Royal unique?
Port Royal is unique for its ultra-luxurious waterfront estates on deep, wide water canals, direct deep-water access, and proximity to upscale shopping, fine dining, and cultural attractions. Homes in Port Royal start at around $10 million and can exceed $60 million.
6. What types of homes are available in The Moorings?
The Moorings offers a variety of homes, including waterfront estates and condos. Home prices range from $2 million to over $12 million, while condos range from $400,000 to over $6 million. The community provides private beach access and exclusive golfing experiences.
7. What is the average time to sell a home in Naples?
As of May 2024, homes in Naples are staying on the market for an average of 64 days, compared to 36 days the previous year. This increase in inventory has given buyers more leverage to negotiate prices.
8. Are there any gated communities in Naples?
Several gated communities in Naples include The Vineyards, Esplanade, and Golden Gate Estates. These communities offer resort-style pools, golf courses, and fitness centers.
9. What is the current median sale price for homes in Naples?
As of May 2024, the median sale price for Naples homes is $834,000, a 14.9% increase from the previous year.
10. What are the benefits of living in Old Naples?
Old Naples offers a blend of historic charm and modern luxury. It is close to the iconic Naples Pier, Third Street South, and Fifth Avenue South. Housing options range from quaint cottages to beachfront estates and condos.
11. What is bundled golf, and which communities offer it?
Bundled golf means that the golf membership is included with purchasing a home. Communities such as Esplanade offer bundled golf, providing access to the golf course and other amenities as part of the HOA dues.
12. How does the real estate market in Naples compare to other U.S. cities?
Naples has seen strong home value appreciation over the past decade, with an impressive long-term growth rate. Homes in Naples have appreciated by 195.16% over the last ten years, translating to an annual growth rate of 11.43%, placing it among the top 10% of all U.S. communities for long-term real estate growth.
13. What are the housing options in Golden Gate Estates?
Golden Gate Estates offers a more rural lifestyle with affordable homes on acre lots. This community provides privacy with healthy and septic systems, appealing to those who prefer a quieter environment.
14. What types of homes are available in Bayfront?
Bayfront offers mixed-use development with condos and villas above retail and office spaces. Prices range from $1 million to $5 million, and the community includes amenities such as a pool, clubhouse, and fitness facility.
15. What makes Esplanade a desirable community?
Esplanade is a luxury bundled golf community with homes built between 2003 and 2022. It offers amenities such as a resort-style pool, pickleball, tennis, a spa and salon, a fitness center, and 14 miles of walking and biking paths. Homes range from $560,000 to $3.3 million.
16. What is the appeal of The Vineyards?
The Vineyards is a large community with 38 separate gated neighborhoods offering various housing options. It provides optional membership for amenities such as a racquet center, resort-style pool, wellness center, spa, dining, and golf. Homes range from $325,000 to $3.1 million.
17. What is the sale-to-list price ratio in Naples?
As of May 2024, the sale-to-list price ratio in Naples is 94.4%, meaning homes typically sell for about 5% less than their listed prices.
18. What types of views do homes in Pelican Bay offer?
Homes in Pelican Bay offer various views, including waterfront, golf course, and nature preserve views. The community's diverse housing options range from sprawling estate homes to high-rise condos.
19. What are the amenities in Park Shore?
Park Shore residents enjoy a private beach, upscale boutiques, and fine dining at the Village Shops on Venetian Bay. The community offers waterfront homes and condos with stunning views of the Gulf of Mexico.
20. How does Naples' real estate appreciation rate compare to the national average?
Naples has a strong home value appreciation rate, with homes appreciating by 195.16% over the last ten years, translating to an annual growth rate of 11.43%. This places Naples among the top 10% of all U.S. communities for long-term real estate growth, significantly higher than the national average.