New Construction Melinda Gunther July 26, 2025
A new benchmark in beachfront living is rising in the heart of Naples. Olana Residences, Kolter Urban’s newest ultra-luxury development, is coming soon to 1121 Gulf Shore Blvd N, the former site of the Bahama Club. This exclusive collection of just 12 estate-sized residences is already making headlines with starting prices reported to be at $30 million, and for good reason. Olana promises the privacy of a custom single-family estate with the ease and security of refined condominium living.
Kolter Urban acquired the prime 1.5-acre Gulf-front parcel for $102 million, making it one of the most significant property purchases in Naples history. The residences at Olana will span more than 10,000 square feet each, offering an unprecedented 80 feet of unobstructed Gulf views, dramatic sunsets, and direct beach access right in the heart of Naples’ most coveted coastal corridor.
Crafted by renowned Randall Stofft Architects and SB Architects, with interiors by New York-based Champalimaud Design, Olana is a masterclass in ultra-high-end living. Every detail has been meticulously considered—from private wellness spas and chef’s kitchens, to grand salons with floor-to-ceiling glass.
Each residence will include:
Five bedrooms, seven full bathrooms, and two powder rooms
State-of-the-art theater rooms and expansive Gulf-facing living spaces
A private spa retreat with sauna, steam room, cold plunge, therapeutic bath, and fitness studio
Presentation kitchen and a separate chef’s kitchen for effortless entertaining
Private elevator access, Gulf-front terraces with built-in gas grills and under-counter refrigerators
Floorplans exceeding 10,000 square feet with open-concept layouts and panoramic Gulf views
This isn’t just a condo—it’s a personal sanctuary in the sky, with the security, amenities, and service of a private resort.
Olana residents will enjoy unparalleled privacy and 24-hour security, along with concierge services, a resort-style pool with private cabanas, and a direct beachfront path mere steps from their home. It’s everything Naples luxury buyers have dreamed of but never had in quite this form.
With only 12 residences total, each offering the space and grandeur of a Gulf-front mansion, this is among the rarest offerings Naples has seen.
Olana is in its early sales and pre-development phase, but serious interest is already building among elite buyers seeking privacy, prestige, and permanence on the Gulf.
If you’re considering a move to Naples or expanding your ultra-luxury real estate portfolio, now is the time to explore this once-in-a-generation opportunity.
I provide independent, unbiased buyer representation. Whether you’re comparing new construction opportunities or want a detailed consultation on Olana's offerings, I’ll ensure your interests come first - before, during, and after the transaction.
Call or text: 239-297-2155
Schedule a confidential consultation or request floor plans
Discover your next level of beachfront living at Olana Naples—where exclusivity meets architectural brilliance.
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Reach out to Melinda Gunther for expert real estate services. Buy, sell, or rent properties with confidence. Contact her today!