Naples Ultra-Luxury Market Pulse
Naples Real Estate Cheena Chandra, Naples FL Global Real Estate Advisor April 21, 2025
Naples Real Estate Cheena Chandra, Naples FL Global Real Estate Advisor April 21, 2025
Naples Luxury Market Pulse | $7M+ Segment
Week of April 20, 2025
This week, we’re seeing meaningful movement in Naples’ ultra-luxury real estate market—specifically in the $7 million and above segment. With a flurry of activity in both new listings and recently closed deals, the landscape is evolving in real time.
Over 50 properties are currently listed above $7M across Naples’ most prestigious enclaves, including Port Royal, Park Shore, Pelican Bay, Aqualane Shores, and Olde Naples. Price points range from $7 million to nearly $30 million, with Port Royal continuing to command the highest price per square foot.
This surge in inventory presents more options for high-net-worth buyers and reflects a market that’s balancing between exclusivity and opportunity.
Several standout sales this week provide insight into current buyer behavior:
701 Kings Town Dr (Port Royal): Sold for $18.5M, reduced from a $20M list. That’s $2,263 per sq ft—an exceptional value for Gulf-access real estate.
8477 Bay Colony Dr #301 (Bay Colony): Closed at $9.9M, down from $12.8M.
596 Pine Grove Ln (Park Shore): Sold at $8.1M versus an original ask of $8.95M.
These transactions reinforce what many agents are seeing on the ground: buyers are negotiating, and sellers are responding with flexibility and realism.
Even with more inventory, serious buyers are making strategic moves:
395 21st Ave S (Aqualane Shores) is pending at $19.9M
3841 Crayton Rd (Park Shore) is under contract at $13.995M
These homes are trophy-level assets, proving that when the right property comes to market at the right price—demand follows.
For Buyers:
This is a unique window of opportunity. The combination of increased inventory and seller flexibility means more room to negotiate, more lifestyle options to choose from, and a chance to secure your dream home before prices adjust again.
For Sellers:
Pricing is everything. This market rewards strategic, polished listings. Staging, timing, and exposure matter more than ever—and working with a skilled advisor ensures you stay ahead of buyer expectations.
Big Picture:
Naples’ $7M+ segment is evolving from purely aspirational to highly strategic. Serious buyers are watching closely—and acting when value, location, and timing align.
Cheena Chandra
Global Real Estate Advisor | Premier Sotheby’s International Realty
Naples, Florida
312.953.6011
@BuyLiveSellNaples
Elevated Living. Elevated Service.
#NaplesLuxuryMarket #NaplesRealEstate #PortRoyalNaples #ParkShoreRealEstate #AqualaneShores #PelicanBayNaples #NaplesFloridaHomes #LuxuryMarketUpdate #CheenaChandra #BuyLiveSellNaples #WaterfrontHomesNaples #UltraLuxuryRealEstate #FloridaLuxuryLifestyle #StrategicBuyers #NaplesMarketInsights
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Cheena is focused on integrity, her customers' needs, and using technology and social media in innovative ways. She goes to great lengths for her customers and is committed to making the home buying and selling experience a seamless one. As a result, her customers have been amazing referrals for new business.