NEWS

NEWS

July 06, 2020

Stock Development luxury home division posts robust salessales

By: Vicki Parsons - IT

Lee-Collier-Charlotte

Business Observer Friday, Jun. 12, 2020 3 weeks ago

by: Business Observer Staff

NAPLES — Stock Custom Homes, a Naples-based luxury homebuilder, has reported robust sales of $52 million through the first five months of this year.

The division of Stock Development also is preparing to open new models in Quail West, such as its Newport offering, and continues to market the Gardenia II home in Pine Ridge Estates. Both homes feature more than 4,000 square feet of living space, four bedrooms and expansive outdoor kitchen and living spaces with fireplaces.

The company also is preparing to bring new homes in Bay Colony Estates, Pine Ridge Estates and the Bonita Bay Club to market in Southwest Florida, along with developments in Wellington, Palm Beach and Port Royal, according to a statement.

The family-owned company, founded nearly two decades ago to construct upscale single-family homes, also is active in communities such as the Isles of Collier Preserve; Naples Reserve; the Lake Club in the master-planned community of Lakewood Ranch; Babcock Ranch, another master-planned community in Charlotte and Lee counties; and WildBlue, a planned 3,500-acre community in Estero.

In all, Stock has completed more than 5,000 homes and been named by Builder Magazine to its Builder 100, which ranks the nation’s top homebuilders.

Additionally, Stock has expanded into apartment development, with projects in Sarasota, Naples, Fort Myers, North Naples and Estero, according to the company’s website. Stock had $490 million in revenue in 2019.