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
Real Estate
Essential Advice for Choosing the Right Professional in Aqualane Shores
Naples Luxury Real Estate
From glamorous galas to barefoot Gulfside dinners, discover how every season in Naples, Florida, reveals a new side of refined coastal living.
Real Estate
Maximize Your Home's Value with Strategic Upgrades
Naples, FL
Forget the tourist traps. These are the real places locals go for great cocktails, intimate vibes, and unforgettable date nights in Naples, Florida.
Naples, FL
How to Prepare for Hurrican Season in Naples, Florida with Checklists, Insurance Insights, and Emergency Numbers
Lifestyle
Expert Tips for Selecting the Perfect Palette in New York City
Lifestyle
Experience the Best of Nature and Adventure in Aqualane Shores
naples florida
From Pelican Bay to Vanderbilt Beach, discover why condos are Naples’ smartest move for buyers in today’s market.
Real Estate
Explore the Key Insights and Trends in Old Naples Real Estate
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.