$11 Million Record-Breaking Condominium Sale In Bay Colony

9/10/18

A luxurious waterfront residence in Pelican Bay’s exclusive Bay Colony fetched $11 million, the highest-priced condominium sale in the history of Pelican Bay real estate. Located at 8477 Bay Colony Drive #1402, the 6,085-square-foot residence was listed by Dorcas Briscoe of Premier Sotheby’s International Realty’s Naples Signature Collection team.

The four-bedroom, four-and-a-half bath home is situated in the sought-after Windsor building, with only two homes per floor. Designed in neoclassical elegance with French/Asian accents by world-renowned interior designer Juan Pablo Molyneux, the residence blends historical references with contemporary finishes. Rare Italian marble flooring and columns, onyx baseboards, custom moldings and more were crafted by the best artisans in the industry.

With unrivaled views from every room and three balconies, the home also boasts a serene master suite with dual baths, three guest bedroom suites, Koa wood-paneled library, formal dining room, family room with cherry custom millwork, an expansive kitchen, butler's pantry and breakfast area. The gated beachfront community offers a private tennis facility and newly renovated beach club.

The Naples Signature Collection team — comprised of Dorcas Briscoe, Carol Gilman, Barbi Lowe, John Hamilton and Trish Lowe Soars — are longtime specialists in the Pelican Bay/Bay Colony community, dating back to its initial construction. Today, they maintain a dominant share of that market. In the first half of 2018, Premier Sotheby’s International Realty had the highest volume of closed sales in Bay Colony, with a total 88% greater than its nearest competitor.

Quote:

“The buyers recognized the artistic value of the home and understood all of the unique craftsmanship that went into creating it. It is a true piece of art.” — Dorcas Briscoe, Premier Sotheby’s International Realty.

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