Stock Development Reports 30% Increase in 2011 Home Sales

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(NAPLES, FL) -- Stock Development recently issued its 2011 sales report, showing more than 300 new home sales and more than $200 million in overall revenue companywide, according to a company representative.

Stock Development Chief Executive Officer Brian Stock said new home sales were up 30 percent overall with a sales volume of more than $124 million, representing a 42 percent increase over 2010.

"Our building division led the way with 300 new home sales, an astounding 51 percent increase over the previous year," Stock added. "The average sales price of the homes we sold jumped by 12 percent."

According to Stock, the company launched five new residential projects during the course of 2011 with plans for more in 2012.

"By the beginning of last year, most of the single-family neighborhoods at Lely Resort and Paseo were nearly sold out," said Stock. "As a result we debuted two new major neighborhoods -- Lakoya at Lely Resort and Esperanza at Paseo. They were the largest new construction releases in Collier County and Lee County, respectively, in the past five years and both saw strong sales immediately."

Lakoya is a 242-acre enclave with a gated entrance, sculptured landscaping, classical gardens, choreographed fountains and paved walking paths in a private golf course community. Phase I of Lakoya offers 149 homes across five series of floor plans. A series of lakes were crafted for the property, giving these homes a spectacular array of water, golf course and nature preserve views. Eleven furnished models are open in the enclave.

Esperanza is in the northern phase of Paseo and is encircled by the Six Mile Cypress Slough. It features newly redesigned versions of Paseo's existing single-family homes and a brand new twin villa product being offered by Stock Construction for the first time. Furnished models will open later this month.

Expanding it luxury home operations, Stock became a preferred builder at Mediterra and closed on 11 homesites in the Buonasera neighborhood of estate-sized single-family homes. Buonasera is a cul-de-sac community nestled into a secluded corner of Mediterra, one of the top 36-hole private golf clubs in America with 2 courses designed by famed architect Tom Fazio. All of the community's 15 homesites feature lakeside views.

The company also launched sales in the two neighborhoods it acquired in late 2010 -- Secoya Reserve and Black Bear Ridge.

Secoya Reserve is located on Livingston Road, two miles north of Immokalee Road. Stock is selling 57 home and homesite packages and has furnished models open in the community.

Black Bear Ridge is located on Vanderbilt Beach Road, east of Interstate 75 and west of Collier Boulevard. Stock has 61 home and homesite packages and furnished models in Black Bear Ridge. The community also features a lakefront clubhouse with pool that was upgraded in 2011.

At Lely Resort, nine neighborhoods of flats, town homes, coach homes, twin villas, single-family homes and estate homes are offered with prices beginning in the $180,000s.

Residents have access to the Players Club & Spa at Lely Resort, which provides a complete lifestyle with a separate non-golf clubhouse providing a more casual, tropical atmosphere. There are also three golf courses, two golf clubhouses and a village center in the Olé neighborhood.

In addition to the new single-family homes and twin villas in Esperanza, Paseo also offers flats and town homes in 14 designs, as well as six casita floor plans. These homes range from 1,200 to more than 3,000 square feet under air.

The village center in Ole includes a full-service concierge, a resort-style pool with a gazebo serving refreshments, a bistro, an ice cream parlor, pub, Internet café, coffee shop, fitness center, a business center and library, spa services and a 90-seat theater. Prices at Paseo begin in the $170,000s.