Minto expands Isles of Collier Preserve with $10 million purchase of adjacent acreage east of Naples
Florida-based Minto purchased five contiguous parcels ranging from 10.29 acres to 51.45 acres totaling just over 103 acres at the western end of The Isles of Collier Preserve. The vacant residential property, bordered by Bayshore Drive to the west and Avalon Swale and Antigua Way in the islands to the east, was purchased Feb. 2 from Naples-based Bayshore Parcel LLC, associated with Napolitan Enterprises owner Joan Fleischmann Tobin.
Plans call for 229 residential sites for an additional 138 semi-detached villas and 91 detached single-family homes in the Islands of Collier Preserve. This new addition to the gated residential community is expected to open in early 2023. More than half of the property will remain lakes and reserves with 25 acres of lakes and 30 acres of reserves, reports Minto Communities.
In January 2021, Collier County Commissioners approved Minto’s plan to build 230 additional homes on the Islands, which stretch west from US 41 East to Bayshore Drive. Commissioners voted 4-1 on an ordinance to amend the county’s land development code to allow development of new homes along Bayshore Drive south of Thomasson Drive in the Sabal Bay Mixed-Use Planned Unit Development . Commissioner Penny Taylor was the only dissenter on the rezoning ordinance that required four votes for approval.
“We are very pleased to include this property in The Isles of Collier Preserve community,” said Mike Belmont, president of Minto Communities. “In 2021, we achieved record sales at The Isles of Collier Preserve with 251 new home sales. Overall, Minto home sales in the community total 1,130 since opening in 2014.”
The new homes will be built around four lakes and a wetland off Antilles Way, the back entrance to Bayshore Drive in The Isles. Lots are planned along three proposed cul-de-sacs, Calypso Court, Gustavia Cort and Yucatan Court, according to site development plans.
Minto offers luxury villas and single-family homes at The Isles of Collier Preserve that are designed for casual contemporary living with prices ranging from $400,000 to over $1.5 million. Minto recently announced its new Coastal Cottage Collection of 150 homes with four new model homes slated to open in late spring this year. The Isles of Collier Preserve offers miles of walking and biking trails, waterways for kayaking, and resort-style amenities at The Isles Club, which features a clubhouse architectural design inspired by the original Naples Beach Hotel.