Nine new spec homes in Naples listed for at least $17M each

The ultra high net worth residential real estate market in Naples continues to expand, led by London Bay Homes putting eight new homes on the market at prices from $16.9 million to more than $30 million. 

Another local homebuilder, Stock Custom Homes, is in the same game, listing a newly built home in Naples for $17.9 million. 

The homes from London Bay and Stock were built on spec, with no buyer in place, according to statements from both companies.