Masters Reserve at Lely Resort
Masters Reserve is an established neighborhood comprising single family homes only. Masters Reserve is located in the heart of Lely Resort, surrounded by golf fairways and lakes. The Masters Reserve neighborhood is completely built out and construction has moved far away to the northeast area near Rattlesnake Hammock Road. Stock Development just started the new Lakoya subdivision in 2010 which will feature similar floor plans as in Masters Reserve. Homes will probably have a $100,000 higher price tag than comparable homes in Masters Reserve.
Homes in Masters Reserve offer typically 3 bedrooms and 2 to 3 baths, with an A/C area of around 2,000 to 2,600 Sq. Ft.and 2-car garages. Masters Reserve home prices range approximately from $400,000 to $550,000. Masters Reserve development started in the early 2000's and is a great place for investments because it is one of few Lely Resort neighborhoods where weekly rentals are permitted. Buyers have to join the Players Club - a great attraction for owners and tenants alike.
Send your questions. We will never sell or share your contact info!
Homes for Sale in the Masters Reserve:
Frequently asked Questions
What are the fees at Masters Reserve?
Fees at Masters Reserve are approximately $535 per quarter. Fees cover incidental operating expenses, professional maintenance, common utilities, all landscaping, gate repairs/maintenance, and upkeep.
What amenities are available to Masters Reserve owners?
Residents at Masters Reserve are required to join the Players Club and Spa - a facility that boasts 7 har-thru lighted tennis
courts, indoor/outdoor dining, resort style swimming pool, full-service spa and salon, movie theater, sandy beach area, and billiards room.
Each family will pay a $6,000 one-time refundable fee to join and $2,544.00 per year to maintain this membership. Masters Reserve residents also have access to a variety of membership options on the 54 holes of championship golf.
What is the rental policy?
The minimum term of lease in the Masters Reserve is 7 days and you may rent your home 52 times per year.
Can I have a pet at Masters Reserve?
Yes, you may have a pet with approval at Masters Reserve.
Search Lely Resort Single Family Homes
Search Lely Resort Condos
Call Walter 239 289 1172 or Petra 239 289 3823 to learn more about real estate for sale at The Masters Reserve Lely Resort Naples Florida.