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Business Observer Thursday, Jul. 15, 2021 2 weeks ago

Luxury Builder nears $100M in annual sales volume

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Executive calls sales momentum ‘exceptional.’

NAPLES — After a little more than six months of sales, Stock Custom Homes, the custom home building division of Stock Development, is approaching $100 million in sales volume for the year.

"The sales momentum we've experienced has been exceptional," Stock Custom Homes President Matt Sellick says in a statement. "I'm incredibly proud of our team and their diligent work to maintain our reputation for building quality custom homes during such a busy time."

Communities Stock Custom Homes has done well in so far this year, according to the statement, include WildBlue, a master-planned community nestled between Naples and Fort Myers. Stock previously sold an estate based on its Sophia III floor plan prior to completion in the community. Three more estates are currently in development, the release states. The brand has also maintained and expanded its presence in The Lake Club in Lakewood Ranch in east Manatee County.

The company's footprint is growing on Florida’s east coast as well, with multiple luxury residences in the Wellington area. Stock Custom Homes recently sold two estates in Wellington, one in the exclusive Palm Beach Polo Golf and Country Club and one in Mallet Hill, for a total of $22 million. A private beachfront home at 916 S. Ocean Boulevard in Wellington it’s building, scheduled for completion this summer, is priced at $59 million. "Stock Custom Homes has truly developed the standard for what luxury living should be, and we've proven ourselves as one of the elite custom home builders in all of Florida," says Sellick.

Ranked as one of the top 50 Housing Giants in 2021 by PROBuilder magazine, Stock Development is now celebrating 20 years in business. It had $490 million in revenue in 2019. 

 

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