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Deals & Dealmakers

The Ritz-Carlton Residences, Estero Bay Surpass 50 Percent Sell-Out with $252 Million in Sales

 The Ritz-Carlton Residences, Estero Bay are officially over 50 percent sold out with purchases totaling $252 million to date, which marks a record sales pace for the city of Bonita Springs, Fla. The project is on course to commence construction this summer on the heels of this positive momentum. With purchasers now under contract, this surge of activity is the result of unprecedented interest from buyers drawn to the property’s unrivaled offerings and the rare opportunity to live among 500 acres of nature on the shore of thriving Estero Bay.

Led by visionary London Bay Development Group, The Ritz-Carlton Residences, Estero Bay will feature 224 distinguished residences. Two elegant towers of 22 stories will rise on nearly a mile of waterfront within the emerging coastal village of Saltleaf on Estero Bay.

“I am incredibly proud to announce that The Ritz-Carlton Residences, Estero Bay have surpassed the milestone of 50 percent sold and we are firmly on track to break ground,” said Mark Wilson, CEO of London Bay Development Group. “The overwhelming response from discerning homebuyers validates our vision and commitment to delivering the first-of-its-kind luxury living in Southwest Florida. We are thrilled to see this extraordinary coastal experience come to life.”

Foot traffic through the stunning 5,000-square-foot sales gallery, located at 5000 Coconut Road in Bonita Springs, has been unrelenting throughout the season to seize the opportunity to call The Ritz-Carlton Residences, Estero Bay home. The immersive setting features a 3D scale model of the 30-acre property, along with a full-size residence kitchen, wet bar with wine storage, master bathroom and master closet made from custom millwork, featuring all finishes and appliances. The sales gallery also features a technology-driven conference room, presentation areas, an on-site selection studio and virtual reality experiences.

Priced from $3 million, The Ritz-Carlton Residences, Estero Bay range from 2,628 to 3,885 square feet and include two, three- and four-bedrooms, each with a den. Dedicated private elevator entry, unobstructed sunset views of the bay from every residence and spacious balconies up to 2,200 square feet enhance enjoyment of daily life. Storage will be abundant, with generous bedroom closets and a personal private storage unit located on the resident’s floor. Owners will have the choice of three finish packages assembled by Meyer Davis, the award-winning New York design studio behind the property’s stunning interiors and impressive shared spaces.

Nestled beside the natural beauty of the state’s oldest 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 tranquil 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.

Legendary Ritz-Carlton service and personal connections will be apparent in all facets of ownership through the concierge team at The Experience Studio, whether seeking a private training session or spa treatment. A rich program of amenities spans five acres, with 36,000 square feet of indoor offerings. This includes a Wellness Center with 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, Wine & Whiskey room, card room, and demonstration and catering kitchen.

The property’s outdoor oasis stimulates tranquility, surrounded by enchanting gardens by landscape architect EDSA. Residents can enjoy three pools and floating-like pavilions at an expansive lagoon water feature. Bocce courts, multiple fire pits and barbeque stations also promote group gatherings.

The Ritz-Carlton Residences, Estero Bay are set within the new coastal village of Saltleaf on Estero Bay, a reimagined, master-planned community that connects residents to over 500 acres of nature preserve. A short walk leads to the 72-slip Saltleaf Marina, which recently broke ground, and Saltleaf Golf Preserve, a reimagined 18-hole championship course with a brand new nine-hole short course opening for play later this year.

Minutes away is the friendly town of Bonita Springs, home to dining, boutiques and galleries, and Barefoot Beach, named one of the top 10 beaches in the U.S. Getting to The Ritz-Carlton Residences, Estero Bay is easy, only 20 minutes from Southwest Florida International Airport. For more information, visit the sales gallery at 5000 Coconut Road, Bonita Springs, or www.TheResidencesEsteroBay.com

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