Pelican Bay

Pelican Bay

View properties

Pelican Bay is a master-planned coastal community known for its extensive amenities and carefully preserved natural surroundings. Spanning nearly three miles along the Gulf, it combines residential living with protected mangroves, boardwalks, and beachfront access.

Amenities & Natural Setting

Residents have access to private beach clubs, beachfront dining, tennis facilities, and a comprehensive fitness center. Tram systems connect the community through scenic pathways, reinforcing a lifestyle centered on ease, access, and outdoor living.

Location & Lifestyle

Located in North Naples, Pelican Bay sits adjacent to Waterside Shops and Artis—Naples, placing high-end retail and cultural experiences within close reach. The community’s structure and amenities support a lifestyle that feels both active and intentionally paced.

Quick Facts

Community Type
Golf optional, Waterfront / boating
Gated
Yes
Residences
High-rises, mid-rises, villas, and coach homes
Location
North Naples, 3 miles of Gulf coastline
Established
1980
Lifestyle
Beachfront luxury with private beach access
Golf
Two 18-hole championship courses

Properties for Sale

View all listings in Pelican Bay

Market Snapshot

Here's the latest snapshot of the Pelican Bay real estate market in North Naples, as of May 2026. The median sales price in April 2026 was $1,625,000. Notable price fluctuations occurred over the past year with a high of $2,550,000 in February 2025 and a low of $1,150,000 in July 2025. The median price per square foot in April 2026 stood at $837. Inventory levels in Pelican Bay remain elevated. In April 2026, there were 214 homes for sale, a slight decrease from 220 in March 2026. The number of homes for sale increased significantly from January 2023 to January 2025, going from 90 to 275. Analyzing sales activity, pending sales in Pelican Bay numbered 22 in April 2026, down from 39 in both February and March 2026. Total sales were at 38 in April 2026, up from 29 in March 2026. The months' supply of inventory in Pelican Bay was 8.3 in April 2026, which is slightly down from 8.4 in March 2026. This figure has remained relatively stable since December 2025. The months' supply has generally decreased since its peak of 13.8 in February 2025.

May 2026 · Last updated May 1, 2026

Pricing

Track how home values are trending in Pelican Bay. Median sale prices and price-per-square-foot data help buyers and sellers gauge current market positioning.

Median Closed Price

$2,150,000 as of May 2026, up 38.7% year-over-year.

$1.2M$2.5M$3.8MJun 2023Jun 2024May 2025May 2026
View monthly data
MonthMedian Closed Price
June 2025$1,567,500
July 2025$1,150,000
August 2025$1,250,000
September 2025$1,325,000
October 2025$1,187,500
November 2025$1,912,500
December 2025$1,700,000
January 2026$1,700,000
February 2026$1,550,000
March 2026$1,900,000
April 2026$1,700,000
May 2026$2,150,000

Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through May 2026. Data deemed reliable but not guaranteed.

$857 as of May 2026, up 26.2% year-over-year.

$596$834$1KJun 2023Jun 2024May 2025May 2026
View monthly data
MonthMedian Prices per Sq ft
June 2025$811
July 2025$650
August 2025$793
September 2025$712
October 2025$621
November 2025$704
December 2025$758
January 2026$703
February 2026$744
March 2026$871
April 2026$889
May 2026$857

Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through May 2026. Data deemed reliable but not guaranteed.

Inventory

See how many homes are available in Pelican Bay and how quickly inventory is moving. Months of supply indicates whether conditions favor buyers or sellers.

Homes For Sale

182 as of May 2026, down 26.6% year-over-year.

93201309Jun 2023Jun 2024May 2025May 2026
View monthly data
MonthHomes For Sale
June 2025208
July 2025175
August 2025161
September 2025164
October 2025197
November 2025210
December 2025206
January 2026215
February 2026219
March 2026221
April 2026213
May 2026182

Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through May 2026. Data deemed reliable but not guaranteed.

7.2 as of May 2026, down 35.1% year-over-year.

48.713.4Jun 2023Jun 2024May 2025May 2026
View monthly data
MonthMonths Supply
June 20259.4
July 20257.7
August 20257.1
September 20257.1
October 20258.4
November 20258.5
December 20258.2
January 20268.5
February 20268.2
March 20268.5
April 20268.1
May 20267.2

Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through May 2026. Data deemed reliable but not guaranteed.

Activity

Monitor real estate transaction volume in Pelican Bay. Pending and closed sales reflect the pace of buyer demand and overall market momentum.

Pending Sales

38 as of May 2026, up 100.0% year-over-year.

82644Jun 2023Jun 2024May 2025May 2026
View monthly data
MonthPending Sales
June 202525
July 202510
August 202519
September 202515
October 202515
November 202532
December 202528
January 202645
February 202638
March 202639
April 202623
May 202638

Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through May 2026. Data deemed reliable but not guaranteed.

27 as of May 2026, down 30.8% year-over-year.

62646Jun 2023Jun 2024May 2025May 2026
View monthly data
MonthTotal Sales
June 202524
July 202520
August 202513
September 202515
October 202516
November 202518
December 202529
January 202628
February 202642
March 202629
April 202643
May 202627

Source: Naples Area Board of REALTORS® (NABOR®) MLS, via InfoSparks. Data through May 2026. Data deemed reliable but not guaranteed.

Similar Communities

Vanderbilt Country ClubBundled Golf
Naples • North Naples

Vanderbilt Country Club

Bundled golf community in North Naples with 18-hole golf, fitness & spa, resort-style pool, and active club lifestyle.

Gated~$350k – $1.4M+
The Club at Mediterracommunity
Naples • North Naples

The Club at Mediterra

Private golf community in Naples featuring two Tom Fazio courses, beach club, and new sports center.

Bcommunity
Naples • North Naples

Bay Colony Golf Club

Exclusive private golf club in Naples featuring a Robert von Hagge championship course and sophisticated dining.

Nearby

Napleslocation

Naples

World-class beaches, golf, and coastal lifestyle in Southwest Florida.

Old Naplesarea
Naples

Old Naples

Historic charm near the beach and 5th Avenue South.

Marco Islandlocation

Marco Island

Island living with white-sand beaches and boating lifestyle.

The information provided on this page, including market data and statistics, is believed to be accurate but is not guaranteed. Data may contain errors, omissions, or delays. Bonnycastle Realty makes no representations or warranties of any kind regarding the completeness, accuracy, or reliability of this information. Use of this data is at your own risk. Bonnycastle Realty shall not be held liable for any loss or damage arising from reliance on the information presented.

Southwest Florida MLS

The data relating to real estate for sale displayed on this website comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than Bonnycastle Realty are marked with the listing broker's name. Detailed information about such properties includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties listed with brokerage firms participating in the M.L.S. of Naples, Inc. BR Program, or contained in the database compilation of the M.L.S. of Naples, Inc.

The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2026 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

Some properties that appear for sale on this website may no longer be available. For the most current information, contact Bonnycastle Realty at (239) 778-0254 or info@bonnycastlerealty.com.

Page last updated 4/1/2026