The Ritz-Carlton Residences, Estero Bay Announces $150 Million in Sales Within 14 Days
The iconic residential property overlooking Southwest Florida’s first aquatic preserve initiates sales with record momentum
NAPLES, Fla. (March 8, 2022) ─ Coming to one of Southwest Florida’s last available stretches of waterfront within 500 acres of lush lands are The Ritz-Carlton Residences, Estero Bay, which has achieved $150 million in sales within 14 days since launching the first tower, comprised of 112 condominiums. The property, led by the visionary London Bay Development Group, will feature 224 distinguished residences and each tower will rise 22 stories. This news marks record interest in the legendary property within a short period.
“The incredible demand and market positivity are a testament to the quality of this property and its exceptional design, coupled with thoughtful amenities and the prestigious Ritz-Carlton hospitality that will be woven throughout all experiences,” said Mark Wilson, President and CEO of London Bay Development Group. “As the most unique luxury condominium offering in Southwest Florida, we look forward to continuing this momentum.”
Nestled between Sanibel Island and Naples, Florida, beside the natural beauty of the state’s first aquatic preserve of Estero Bay, the residences present a rare opportunity for the legendary brand in a sheltered oasis. Imagined by globally-acclaimed design firm Arquitectonica, the cascading façades of the buildings are inspired by the undulation of the waterfront setting, integrating harmoniously into the surrounding topography. Allowing for maximized vistas, each condominium frames the sky to capture natural light, from sunrise to sunset.
Priced from the $2 millions, residences range from 2,628 to 3,885 square feet, and include two, three- and four-bedrooms, with a den. Dedicated private elevator entry, unobstructed sunset views of the bay and spacious balconies up to 2,200 square feet enhance enjoyment of daily life. Storage will be abundant, with very generous bedroom closets and a personal private storage unit located on the resident’s floor. Homeowners will have a choice of three finish packages assembled by Meyer Davis, the award-winning New York design studio also behind the property’s common area interiors.
Legendary Ritz-Carlton service and personal connections with residents will be apparent in all facets of ownership, whether seeking a private training session or spa treatment. A rich program of amenities speaks to all pastimes and passions, with 36,000 square feet of indoor offerings. This includes a Wellness Center with garden views offering fitness, a yoga and Pilates studio, a private training section, and locker rooms with steam and sauna. A centrally-located, 8,000-square-foot space will present a Sunset Lounge, private dining room, Sports/News Café, whiskey and wine room, card room, and demonstration and catering kitchen.
The Ritz-Carlton Residences, Estero Bay’s outdoor oasis stimulates wellness, surrounded by enchanting vegetation by landscape architect EDSA. Homeowners can enjoy three pools, floating-like pavilions at an expansive lagoon water feature, and cabanas that will be available for purchase. Bocce courts, multiple fire pits and barbecue stations also promote group gatherings.
Living in rare harmony with it all, neighborhood trails lead to beautiful destinations to explore nearby activities. Part of the new master-planned coastal village underway, residents will be able to walk to the Saltleaf Marina and tee off at the Saltleaf Golf Preserve, a reimagined championship golf course with a nine-hole short course. Venture into the waters of Estero Bay estuary with a kayak, take a short drive to Naples for luxury shopping or spend time in the nearby Bonita Springs. Getting to The Ritz-Carlton Residences, Estero Bay is easy, only 20 minutes from Southwest Florida International Airport.
ABOUT LONDON BAY DEVELOPMENT GROUP
London Bay Development Group focuses on diversified development of residential and senior living communities in the luxury market, with an emphasis on cutting-edge design and a customer-centric approach. From identifying premium raw land opportunities to creating new communities and luxury high-rises conceptualized by the experienced land development team, London Bay Development Group is setting a new standard for luxury living in some of Southwest Florida’s premier locations. For more information, visit www.LondonBay.com.
This press release was also published by PROFILEmiami and Naples Daily News.
The Ritz-Carlton Residences, Estero Bay are not owned, sold or developed by The Ritz-Carlton Hotel Company, L.L.C. or its affiliates (“The Ritz-Carlton”). LB Estero Bay Investments, LLC uses The Ritz-Carlton marks under a license from The Ritz-Carlton, which has not confirmed the accuracy of any of the statements or representations made herein.
