Market Brief
Collier County commissioners on November 10, 2026 unanimously approved up to 54 townhomes on 10.28 acres in Hacienda Lakes, East Naples, which M/I Homes plans to price in the mid-to-high $400,000s.
M/I Homes won a rezoning for 54 East Naples townhomes priced in the $400,000s. How that compares with recent sales in ZIPs 34114 and 34113.
Collier County commissioners on November 10, 2026 unanimously approved a growth-management plan amendment and rezoning that allows up to 54 townhomes on 10.28 acres at 3810 Hacienda Lakes Parkway in East Naples, according to Gulfshore Business. Builder M/I Homes plans two- and three-bedroom townhomes of about 1,300 to just under 1,900 square feet, priced in the mid-to-high $400,000s. For comparison, homes in East Naples ZIP 34114 sold at a median $562,500 from August through October 2026 across 172 closings, according to our Southwest Florida Market Pulse.
This piece covers what was approved, where it sits inside Hacienda Lakes, and how the planned price points line up with recent sales nearby. Monthly price, pace and sales figures for Collier County are on the Naples market data hub.
What did Collier County approve on November 10?
The board approved two items for the 10.28-acre site on the south side of Hacienda Lakes Parkway: a growth-management plan amendment and a rezoning from rural agricultural to a residential planned unit development. Commissioner Rick LoCastro, whose district includes the site, made the motion, and the vote was unanimous. The Collier County Planning Commission had recommended approval after an October hearing.
The approved plan allows:
| Item | Approved detail |
|---|---|
| Homes | Up to 54 townhomes |
| Site | 10.28 acres, 3810 Hacienda Lakes Parkway |
| Density | 5.3 units per acre |
| Height | 35 feet |
| Transfer of development rights | 17 of the homes use TDR credits |
| Home sizes | About 1,300 to just under 1,900 square feet |
| Bedrooms | Two and three |
| Planned pricing | Mid-to-high $400,000s |
Source: Gulfshore Business, November 11, 2026.
Buyers would own the land under their townhome, unlike a condominium. The plan includes a gated entrance on Hacienda Lakes Parkway, a small pool, a clubhouse and passive recreation space near the entrance, with a preserve area at the south end of the site.
What approvals are still needed?
The county vote is not the last step. The project still needs review from the Florida Department of Commerce and the South Florida Water Management District, along with federal approvals, according to the report. The county also required a species management plan as a condition of approval.
M/I Homes agreed to a 15-foot landscaped buffer along the Sapphire Cove community to the east, with a 5-foot hedgerow, canopy trees and sabal palms. The report notes that this buffer commitment is not written into the PUD document itself. A traffic study by Trebilcock Consulting Solutions found minimal impact on surrounding roads.
Where does the site sit inside Hacienda Lakes?
Hacienda Lakes is a 2,262-acre planned unit development approved in 2011 at the southeast corner of Collier Boulevard and Rattlesnake Hammock Road. The report lists these existing and planned parts of it:
| Hacienda Lakes component | Homes or space |
|---|---|
| Azure at Hacienda Lakes | 405 homes |
| Esplanade at Hacienda Lakes | 443 homes |
| The Gallery (55-plus, with assisted living and memory care) | 158 apartments |
| Seven Shores, under construction | 409 villas and single-family homes |
| New M/I Homes townhomes | Up to 54 townhomes |
| Retail allowed under zoning | Up to 327,500 square feet |
| Business park or educational space | Up to 140,000 square feet |
| Professional and medical office | Up to 70,000 square feet |
| Hotel | Up to 135 rooms |
Source: Gulfshore Business, November 11, 2026.
A Costco under construction serves as the commercial anchor, and the report puts expected buildout of Hacienda Lakes at 2033. Neighbors to the townhome site include Milano Lakes to the north, Sapphire Cove to the east and an FPL transformer site to the south.
How do $400,000s townhomes compare with East Naples sales?
The planned price range sits below the recent median for the surrounding ZIP codes. Our October Market Pulse covers all residential closings from August through October 2026 by ZIP code:
| ZIP code | Closings, Aug to Oct 2026 | Median sale price | Median days on market | Share sold over list |
|---|---|---|---|---|
| 34114 (East Naples) | 172 | $562,500 | 78 | 1.7% |
| 34113 (East Naples) | 144 | $582,500 | 79 | 2.1% |
| 34112 | 157 | $360,000 | 61 | 5.7% |
| 34104 | 105 | $374,900 | 44 | 3.8% |
| Collier County, October only | 622 | $620,000 | 60 | n/a |
Source: Momentum Market Pulse, Southwest Florida, October 2026 edition, computed by Momentum from Florida Gulf Coast MLS records. All residential types. Deemed reliable but not guaranteed.
The ZIP medians mix condos, villas, townhomes and single-family houses, so they are context rather than a like-for-like comparison. They do show that a new townhome in the $400,000s would land between the 34112 and 34104 medians and the 34114 and 34113 medians. Homes in 34114 and 34113 also took longer to sell, a median 78 and 79 days, than the county's October median of 60.
Our earlier piece on eastern Collier new construction covers the builder pipeline farther east, and our Collier ZIP code days-on-market piece covers sale pace across the county.
What should East Naples buyers and owners watch next?
For buyers, the next public signals are the state and water management district reviews and, after that, M/I Homes opening sales with published floor plans and prices. Planned pricing can change between approval and launch. Townhome buyers should also ask about HOA fees and any community development district assessments, which are set by each community.
For owners nearby, 54 townhomes is a small addition in a planned unit development that already counts more than 1,000 homes and apartments, with the Seven Shores villas and homes still being built. More new product in the same corridor gives buyers more choices, which matters most to resale sellers in the same price range. The Naples market page carries current local prices.
People also ask
How many townhomes did Collier County approve in Hacienda Lakes? Up to 54 townhomes on 10.28 acres at 3810 Hacienda Lakes Parkway in East Naples. Collier County commissioners approved the rezoning unanimously on November 10, 2026.
How much will the Hacienda Lakes townhomes cost? M/I Homes plans to price the two- and three-bedroom townhomes in the mid-to-high $400,000s, according to Gulfshore Business. Final prices are set when sales open.
Who is building the new Hacienda Lakes townhomes? M/I Homes of Fort Myers/Naples LLC is the builder. The project still needs state, water management district and federal approvals.
What is the median home price in East Naples ZIP 34114? Homes in ZIP 34114 sold at a median $562,500 from August through October 2026 across 172 closings, with a median 78 days on market, according to our October Market Pulse.
Limitations
Project details come from one news report of the November 10, 2026 hearing; planned pricing, home sizes and timing can change before sales open, and the project still needs state, regional and federal approvals. ZIP figures cover all residential closings from August through October 2026 and mix property types, so they are not a direct comparison with new townhomes. ZIP and county figures are computed from MLS records by Momentum and are deemed reliable but not guaranteed.
Sources
- M/I Homes receives approval for new townhomes in East Naples, Gulfshore Business, November 11, 2026.
- Momentum Market Pulse, Southwest Florida, October 2026 edition, Momentum Research report built from Florida Gulf Coast MLS records, generated November 13, 2026.
- Naples market data hub, Momentum Research.
Disclosure: Jon Brooks is a co-founder of Momentum Realty, a Florida real estate brokerage that owns and funds Florida Housing Intelligence. Momentum has a financial interest in Florida real estate transactions, including in markets named here. See our editorial standards.
Market statistics in this article are computed from MLS data licensed by Momentum Realty, and are current as of the date shown. Data may be preliminary and subject to revision by its source. This article is general information, not advice about any specific property, transaction, or financial decision, and is not a representation about any specific property, community, builder, or association.
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