About Pelican Bay
Pelican Bay is a master-planned community that has 65 neighborhoods clustered around three miles of pristine beach. The area is bounded by two sentinels: the Naples Grande hotel on the south and the five-star Ritz-Carlton on the north. With the exception of the Strand neighborhood of Gulfside mansions, residences are separated from the beach by a mangrove forest and Clam Bay. A string of highrise towers, however, have stunning views of the Gulf of Mexico. The interior properties include midrise buildings, attached and detached villas, garden condos and single-family houses that surround the private, 27-hole Pelican Bay golf course. The neighborhood is governed by the Pelican Bay Foundation, which maintains two beachside restaurants, tennis facilities and the Community Center, which includes meeting and social rooms and a business center. The hub of the community is the Philharmonic Center for the Arts, which hosts world class performers and artists. The Waterside shopping center includes internationally known stores and popular restaurants.
The median sales price for homes in Pelican Bay, is $1,194,621 based on 311 sales. Average price per square foot for Pelican Bay was $655. There are currently 138 properties for sale in Pelican Bay. The current average listing price for homes for sale in Pelican Bay is $2,119,494. The average days on the market for properties in Pelican Bay is 104. The average asking price for Pelican Bay properties is $1,273,168 while the actual selling price is $1,194,621. The differance between the average asking and selling price is -6.17%