Posted by Mark Washburn on Monday, March 11, 2013 at 3:52:25 PM By Mark Washburn / March 11, 2013 Comment
Construction is underway for a new upscale waterfront community in the Iona section of Fort Myers. Savona Bay, which was formerly permitted as Caribbean Cove, is located off highly desirable Iona road between the waterfront communities of Catalpa Cove and St. Charles Harbour. With just 31 single-family homes, this will be an exclusive, intimate community of high-end homes. Savona Bay is being developed by D.R. Horton lot sizes ranging from .21 acres to .29 acres and one exclusive riverfront estate parcel of .91 acres. Homes will be situated on either a lake, canal, preserve or Iona Road. Each home will have a private dock in the canal on the north side of the property offering direct gulf access to the Gulf of Mexico via the Calosahatchee River. New construction pricing at Savona Bay is currently targeted to start in the $500,00s. Here is a resource to learn more about Savona Bay new construction opportunities.
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