BUYER: Black Bear Ridge Naples LLC (principal: Brian Stock), Naples
SELLER: Buckstone Estates LLC
PROPERTY: a portion of Vanderbilt Beach Road east of Interstate 75 and west of State Road 951, Naples
PRICE: $3.53 million
LAW FIRM ON DEED: Conroy Conroy & Durant PA, Naples
PLANS, DESCRIPTION: Naples-based Stock Development purchased 61 home lots in the 50-acre Black Bear Ridge community for $3.53 million.
The price equated to $57,787 per lot.
The 100-homesite community features a clubhouse with a pool and a toddler playground.
“Black Bear Ridge fits perfectly into our development plans,” Brian Stock, CEO of Stock Development, says in a press release. “We have a series of floor plans that are perfectly suited for the community. These homes represent an incredible value in a private, gated North Naples neighborhood located within a desirable school district.”
Stock says construction is scheduled to begin by March. The developer will offer nine home floor plans in the community that range from 2,062 to 3,172 square feet of living space.
Four more floor plans are in development. Prices will begin in the $300,000s.