The Ritz-Carlton Residences, Estero Bay Total More Than $400 Million in Sales

Unparalleled demand for waterfront property in Southwest Florida pushes The Ritz-Carlton Residences, Estero Bay over 80% sold, indicating the official launch of sales for the property’s North Tower.

NAPLES, Fla. ─ The Ritz-Carlton Residences, Estero Bay are now over 80 percent sold, with sales totaling more than $400 million to date. In February, nine residences were placed under contract, with referral buyers contributing to the impressive sales momentum, all eager to be a part of a community redefining luxury condominium living in Southwest Florida.

This unprecedented demand laid the groundwork for a successful launch of sales for the North Tower, releasing an additional 112 waterfront residences to the market. Led by the visionaries at London Bay Development Group, the property, in total, will feature 224 distinguished residences within two elegant 22-story towers on nearly a mile of waterfront overlooking the tranquil waters of Estero Bay and beyond into the Gulf of Mexico. Anticipated for completion in 2026, the residences are fully underway and have completed the inaugural foundational pour.

"The Ritz-Carlton Residences, Estero Bay continues to set benchmarks for coastal luxury, with significant sales volume for the region," said Mark Wilson, CEO of London Bay Development Group. “It is with great pride that we unveil this second tower, further catalyzing the evolution of refined living experiences along these pristine shores.”

Foot traffic through the stunning 5,000-square-foot Sales Gallery has been unrelenting as the spring season approaches as buyers seize the opportunity to call The Ritz-Carlton Residences, Estero Bay home. The immersive setting, which overlooks the construction site of the upcoming towers, features a 3D scale model of the development, 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.

Priced from the $3 millions, the airy and bright residences flow through a contemporary palette and classic design. Natural colors, raw textures and soft touches honor the essence of the Gulf Coast. These amplify the senses of this balanced ecosystem, both within the awe-inspiring property and beyond. Incorporating elements of the tropical haven, millwork will bring warmth, while exquisite, rare stones and luxury fabrics blend to exude the pinnacle of an elevated lifestyle. Owners will have the choice of three finish packages selected by Meyer Davis, the award-winning New York design studio behind the property's stunning interiors and impressive shared spaces. Floor plans range from 2,628 to 3,885 square feet and include two, three and four bedrooms, each with a den. Every unit boasts unobstructed sunset views of the bay, spacious balconies up to 2,200 square feet, and private elevator lobbies. Storage will be plentiful, with generous bedroom closets and a convenient private storage.

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, while lush landscape architecture by EDSA transforms the outdoor spaces into a tropical oasis.

Renowned Ritz-Carlton hospitality will be apparent in all facets of ownership through 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 garden views offering fitness, a yoga and Pilates studio, a private training section, and locker rooms with steam and sauna. The Oasis, a centrally located, 8,000-square-foot space, will present a Sunset Lounge, private dining room, Sports & News Café, Wine & Whiskey room, library/card room, and demonstration and catering kitchen.

The launch of the North tower introduces additional amenities not previously revealed, establishing a new pinnacle of leisure options. Among these features is a state-of-the-art sports simulator, offering enthusiasts and athletes an ideal venue for honing their skills, from golf to basketball and soccer, in an immersive and realistic environment. An intimate screening room will present a theater setting for enjoying favorite films and shows, bringing family and friends together for a comfortable and convenient viewing experience.

The Ritz-Carlton Residences, Estero Bay is 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. The development includes Saltleaf Marina, which will directly neighbor the residences, offering slips for 72 vessels up to 30 feet in length and a five-star waterfront restaurant. Saltleaf Golf Preserve presents an 18-hole championship course, known as 'The Preserve,' as well as one of the only 9-hole short courses in Southwest Florida, 'The Leaf.' Both courses are now officially open to the public, with access permitted for a daily fee. Tee times are currently available for booking at saltleafgolf.com.

The property is a short drive away from many of the best beaches in the country as well as dining, boutiques and galleries in nearby Bonita Springs, and only 20 minutes from Southwest Florida International Airport. For more information, visit www.TheResidencesEsteroBay.com.

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.