Masters Reserve at Lely Resort Homes for Sale in Naples, FL
Looking at Masters Reserve at Lely Resort homes for sale? Masters Reserve at Lely Resort is 135 single-family homes on two plats in Lely Resort, East Naples, built 2002 to 2005. Collier County recorded 8 qualified Masters Reserve sales at a median of $862,850 in the 12 months to August 17, 2026, from $740,000 to $940,000. Gate: vehicle gate. Players Club membership: mixed, set address by address. Updated October 2026.
This page is part of our Lely Resort homes for sale guide, inside the wider Naples homes for sale and communities guide. It links to every live Masters Reserve listing, shows what Masters Reserve sold for on the county record, and explains the costs, the club rules, the flood facts and the location that come with a Masters Reserve address.
By Jesse McGreevy and Marc Comisar, Domain Realty Group. Data updated: October 2026. Call Domain Realty Group at 239-441-2816.
Key takeaways for Masters Reserve buyers
- Masters Reserve is 135 single-family homes on two plats, built 2002 to 2005.
- Collier County recorded 8 qualified sales in the 12 months to August 17, 2026, at a $862,850 median, from $740,000 to $940,000.
- It has a vehicle gate.
- Players Club membership is set address by address.
- The master roster marks a capital contribution for Masters Reserve.
- The Lely CDD charges $997 per home for 2026-27 and carries no bond debt.
Masters Reserve at Lely Resort homes for sale right now
Every active Masters Reserve at Lely Resort listing is linked below, filtered to the Masters Reserve subdivision and sorted by price, with a second search for every Lely Resort listing so you can compare neighborhoods. On July 31, 2026 the MLS showed 105 Lely Resort homes for sale across all 43 neighborhoods. Listing data refreshes from the MLS throughout the day, and a listing shown may already be under contract. Data updated: October 2026.
Ready to tour Masters Reserve?
Tell us your budget and what you need in a Masters Reserve home and a Domain Realty Group agent will set up the showings, including the gate. Contact Domain Realty Group, call 239-441-2816, or search all Southwest Florida listings.
What do Masters Reserve at Lely Resort homes sell for?
Masters Reserve at Lely Resort homes sold at a median of $862,850 on the Collier County record in the 12 months to August 17, 2026, across 8 qualified sales from $740,000 to $940,000. In the 12 months before that the county recorded 5 sales at a $790,000 median, so the latest median is about 9 percent higher. Data updated: October 2026.
| Collier County recorded sales | Sales | Median | Low | High |
|---|---|---|---|---|
| 12 months to August 17, 2026 | 8 | $862,850 | $740,000 | $940,000 |
| Prior 12 months | 5 | $790,000 | ||
| All Lely Resort, 12 months | 207 | $735,000 | $250,000 | $3,350,000 |
Source: Collier County Property Appraiser sale files, qualified improved sales. None of the 207 Lely Resort sales in the year was builder-direct.
How to read a small sample
With 8 sales in a year, one large or small home moves the Masters Reserve median a long way, so read the low and high alongside it and compare homes of the same size and setting.
What the MLS recorded
The Southwest Florida MLS recorded 8 Masters Reserve closings in the 12 months to July 31, 2026, part of 232 Lely Resort closings at a $722,500 median over the same year.
Where Masters Reserve sits in Lely Resort prices
By county median sale price, Masters Reserve ranks 6 of 9, between Lely Island Estates and Mystic Greens, among the nine Lely Resort neighborhoods we cover.
What is Masters Reserve like?
Masters Reserve at Lely Resort is 135 single-family homes on two county plats, built from 2002 to 2005 behind a vehicle gate. It is the most affordable gated single-family neighborhood we cover in Lely Resort, with a narrow $740,000 to $940,000 range of recorded sales last year. The name draws about 20 searches a month.
The Masters Reserve association
Masters Reserve is run by the Masters Reserve Homeowners Association (Sunbiz N02000001546, filed 2002), under the Lely Resort Master Property Owners Association.
Gate and access
Vehicle gate. Lely Resort's own collector roads are open; only some neighborhoods are gated, and four, Classics Plantation Estates, Lakoya, Hawthorne and Tasori, have staffed guard houses.
Capital contribution
The Lely Resort master roster marks a capital contribution for Masters Reserve. Ask the title company for every amount due at closing.
Two plats
Masters Reserve was recorded as two plats, so you will see two plat names on county records for homes in the same neighborhood.
Is Players Club membership required in Masters Reserve?
It depends on the address. The Players Club lists Masters Reserve as both required and optional, so some homes carry the membership requirement and others do not. The club's covenant covers homes and homesites sold after February 10, 2003 plus certain earlier sites, and the club's membership page is the place to confirm a specific home before you write an offer. Data updated: October 2026.
What the Players Club costs
For 2026 the Players Club charges a $10,000 refundable deposit that is not transferable, $6,400 in annual dues plus 6 percent Florida sales tax ($6,784), a 20 percent service charge on spa and food and beverage, and a $375 transfer fee plus tax for each lease of 30 days or more.
What the Players Club offers
A 6,000 square foot fitness center, a spa, three pools, 13 Har-Tru tennis courts, four pickleball courts and four bocce courts. It is not a golf club; golf at Lely Resort is separate.
What does it cost to own in Masters Reserve?
The yearly cost of a Masters Reserve home is the Lely CDD assessment of $997, the Masters Reserve association fee, which already includes the Lely Resort master fee of $29.85 a quarter, the Players Club where the home requires it, and property tax. Data updated: October 2026.
The Lely CDD
The Lely Community Development District charges $997 per home for 2026-27, the same as 2025-26, and its audited statements for the year ended September 30, 2025 report no bond debt. It pays for irrigation water, water management, street lighting, landscaping and access control, and appears on the county tax bill.
The master association
The Lely Resort Master Property Owners Association charges $29.85 a quarter in 2026, collected inside each neighborhood's fee. It also has a $500 capital contribution, which its roster marks for some neighborhoods and not others; ask which applies to the address.
The Masters Reserve association fee
The Masters Reserve association does not publish its fee on a public page, so we do not print a figure we cannot source. Ask for the seller's last two statements and the current budget.
Property taxes
Lely Resort is in unincorporated Collier County, so the bill carries the unincorporated general fund (0.6844 mills) and the Greater Naples Fire Rescue District (2.0000 mills) on top of the county and school levies, plus the CDD line.
Estoppel certificates at closing
Expect an estoppel certificate from the Masters Reserve association and the master association, and from the Players Club where the home carries its covenant. Budget for each in your closing costs.
What to ask for before an offer
Ask for the seller's last tax bill, the last two association statements, the Players Club status of the address and any capital contribution or transfer fee due at closing.
Golf near Masters Reserve
Golf is not bundled with a Masters Reserve home. Lely Resort has three 18-hole courses: Flamingo Island and The Mustang are public daily-fee courses run by American Golf, and The Classics is a private club with its own membership. You can play the public courses without joining anything. Data updated: October 2026.
Flamingo Island
Robert Trent Jones Sr., 1989, par 72, 7,095 yards, public daily fee.
The Mustang
Lee Trevino, 1996, par 72, 7,230 yards, public daily fee, regrassed and reopened at the end of 2017.
The Classics
Gary Player, 1990, par 72, 6,714 yards, a private club with Full Golf, Executive, Social Sport and Social tiers.
Is Masters Reserve at Lely Resort in a flood zone?
Flood zone varies by address in Lely Resort. Under FEMA's coastal maps effective February 8, 2024, six of 17 points tested across the Lely Resort PUD fell in Zone AE and the rest in lower-risk zones, with none in Zone VE. A per-neighborhood map has not been established for Masters Reserve, so check the exact address. Data updated: October 2026.
How to check one address
Look the address up on the FEMA Flood Map Service Center or Collier County's flood map, ask the seller for the elevation certificate, and price a flood policy before the inspection period ends.
Insurance discounts and map changes
Unincorporated Collier County holds a Community Rating System Class 5, worth 25 percent off National Flood Insurance Program policies in the high-risk zones. FEMA's 2026 map revision is under way, and designations in ZIP 34113 may change.
Schools near Masters Reserve
Collier County Public Schools zones every point tested in Lely Resort to Lely Elementary, Manatee Middle and Lely High, graded A, A and B for 2025-26, and none was in the 2026-27 boundary change. Lely Elementary is inside Lely Resort on Lely Cultural Parkway. Confirm the zone for the exact Masters Reserve address with the district's zone locator. Data updated: October 2026.
| School | Address | 2025-26 grade |
|---|---|---|
| Lely Elementary | 8125 Lely Cultural Pkwy | A |
| Manatee Middle | 1920 Manatee Rd | A |
| Lely High | 1 Lely High School Blvd | B |
Where is Masters Reserve at Lely Resort?
Masters Reserve at Lely Resort is inside Lely Resort in East Naples, ZIP 34113, the master-planned community bounded by Tamiami Trail East, Collier Boulevard and Rattlesnake Hammock Road, about six miles southeast of downtown Naples. It is in unincorporated Collier County. Drive times below run from the center of Lely Resort. Data updated: October 2026.
| From the center of Lely Resort | Road miles | Minutes, light traffic |
|---|---|---|
| Physicians Regional, Collier Blvd | 2.9 | 8 |
| Naples Botanical Garden | 5.6 | 14 |
| Naples Airport | 7.6 | 17 |
| Fifth Avenue South | 7.8 | 17 |
| Naples Pier | 9.0 | 20 |
| Marco Island | 11.8 | 23 |
| Southwest Florida International Airport (RSW) | 39.4 | 53 |
What is inside Lely Resort
Florida SouthWestern State College's Collier campus, Lely Elementary, South Regional Library, Freedom Square, Stock Plaza and a row of restaurants, with Physicians Regional next door.
What is changing nearby
A Costco approved on October 14, 2025 for Collier Boulevard and Rattlesnake Hammock Road, about a mile north, had no confirmed opening date as of October 21, 2026, and Adonia's 184 rental homes inside Lely Resort are targeted for 2027.
Lely Resort is not Lely
The older Lely golf area west of Lely Resort, home to Lely Golf Estates and Lely Country Club, is a different place; see our Lely homes for sale guide.
How Masters Reserve compares with other Lely Resort neighborhoods
The table puts Masters Reserve beside the other eight Lely Resort neighborhoods we cover, on the same county record for the 12 months to August 17, 2026. Gate and Players Club status change the yearly cost as much as the price does, so read across the row. Data updated: October 2026.
| Neighborhood | Product | Homes | County sales | County median | Gate | Players Club |
|---|---|---|---|---|---|---|
| Olé | Condos, townhomes and casitas | 623 | 27 | $394,800 | Ungated | Optional |
| Lakoya | Single-family | 365 | 17 | $1,600,000 | Guard-gated | Mandatory |
| Classics Plantation Estates | Estate single-family | 248 | 12 | $2,125,000 | Guard-gated | Mixed |
| Mustang Island | Single-family | 185 | 12 | $1,040,000 | Vehicle gate | Mixed |
| Lely Island Estates | Single-family | 191 | 10 | $937,500 | Ungated | Optional |
| Greenlinks | Condo golf villas | 200 | 8 | $407,500 | Ungated | Optional |
| The Majors | Single-family | 142 | 7 | $1,500,000 | Vehicle gates | Mandatory |
| Masters Reserve (this page) | Single-family | 135 | 8 | $862,850 | Vehicle gate | Mixed |
| Mystic Greens | Condos and coach homes | 96 | 8 | $437,500 | Vehicle gate | Optional |
Talk to a Domain Realty Group Masters Reserve specialist
Domain Realty Group, the #1 team in Southwest Florida since 2012, shows homes in every Lely Resort neighborhood, and our Naples office on Galleria Court is a short drive up Collier Boulevard. We tracked every recorded Masters Reserve sale on the Collier County file to build this page, and we can pull the same record for the exact home you are weighing.
★★★★★ "I had a great experience working with Marc Comisar and Jesse McGreevy. They were professional, knowledgeable, and made the entire process feel smooth from beginning to end."
Verified Google review. Sloane Gelfman, on working with Marc Comisar and Jesse McGreevy of Domain Realty Group.
★★★★★ "Jesse and Marc are extremely knowledgeable about Southwest Florida real estate! If you are looking to buy or sell property, look no further than Domain Realty and their amazing team!"
Verified Google review. Ryan Mitchell, on working with Jesse McGreevy and Marc Comisar of Domain Realty Group.
★★★★★ "Their knowledge of the Southwest Florida market really stood out, and you can tell they genuinely care about their clients and getting the best results possible. They were always available to answer questions, kept us informed every step of the way, and paid attention to every detail."
Verified Google review. constanza hernandez, on working with Jesse McGreevy and Marc Comisar of Domain Realty Group.
Talk to our team about a Masters Reserve home
Contact Domain Realty Group or call 239-441-2816 and an agent will send Masters Reserve listings and recent sales as they happen. For Jesse and Marc's full guide to all 43 Lely Resort neighborhoods, the Players Club split and the CDD, read McGreevy and Comisar's Lely Resort community guide, and search current listings any time.
Thinking of selling a Masters Reserve home?
Masters Reserve buyers compare against the neighborhood's own recorded sales and its Players Club status, so a price built from those sales gets a cleaner offer than one built from the Lely Resort median. Start with a Domain Realty Group home valuation.
Frequently Asked Questions about Masters Reserve at Lely Resort homes for sale
These answers cover prices, costs, the club, the gate, flood zones, schools and location in Masters Reserve at Lely Resort. Figures come from the Collier County Property Appraiser sale files for the 12 months to August 17, 2026, the Southwest Florida MLS pull of July 31, 2026, the Lely CDD, the master association and the Players Club, dated above and listed in the sources below.
Is Masters Reserve gated?
Yes, it has a vehicle gate.
Is there a capital contribution in Masters Reserve?
The master roster marks one; ask the title company for the amount at closing.
What is the price range in Masters Reserve?
$740,000 to $940,000 on the county record in the 12 months to August 17, 2026.
How many homes are in Masters Reserve?
135 single-family homes on two plats.
What is the median price in Masters Reserve?
$862,850 across 8 county-recorded sales in the 12 months to August 17, 2026.
What was the highest Masters Reserve sale in the last year?
$940,000 on the county record in the 12 months to August 17, 2026.
What was the lowest Masters Reserve sale in the last year?
$740,000 on the county record over the same 12 months.
How many Masters Reserve homes sold the year before?
5, at a $790,000 median, in the prior 12 months.
How many Masters Reserve homes sold on the MLS?
8 closings in the 12 months to July 31, 2026.
When were Masters Reserve homes built?
2002 to 2005.
Is Players Club membership required in Masters Reserve?
It depends on the address; confirm with the club.
What does the Players Club cost?
For 2026, a $10,000 refundable deposit and $6,400 in annual dues plus 6 percent sales tax.
Is golf included with a Masters Reserve home?
No. Flamingo Island and The Mustang are public, and The Classics is a private club with separate membership.
What is the CDD fee in Masters Reserve?
$997 per home for 2026-27, with no bond debt.
What is the master association fee for Masters Reserve?
$29.85 a quarter in 2026, included in the neighborhood fee.
Who runs the Masters Reserve association?
The Masters Reserve Homeowners Association (Sunbiz N02000001546, filed 2002).
Is Masters Reserve a 55+ community?
No. No Lely Resort neighborhood carries a recorded age restriction.
Is Masters Reserve in a flood zone?
Zones vary by address across Lely Resort; check the exact address on FEMA's map.
What schools serve Masters Reserve?
Lely Elementary, Manatee Middle and Lely High, graded A, A and B for 2025-26.
What ZIP code is Masters Reserve in?
Is Masters Reserve in the City of Naples?
No. It is in unincorporated Collier County with a Naples address.
How far is Masters Reserve from the beach?
The Naples Pier is about 9.0 road miles from the center of Lely Resort, and Marco Island about 11.8.
How far is Masters Reserve from the airport?
Naples Airport is about 7.6 road miles and Southwest Florida International Airport about 39.4.
Are there new construction homes in Masters Reserve?
No builder-direct sale was recorded anywhere in Lely Resort in the last year.
Who developed Lely Resort?
Stock Development, which turned the master association over to owners on March 15, 2021.
What property taxes apply?
The unincorporated Collier County bill, including 0.6844 mills for the unincorporated general fund and 2.0000 mills for the Greater Naples Fire Rescue District, plus the CDD line.
Is there a capital contribution at closing?
The master association has a $500 capital contribution that applies to some neighborhoods; ask the title company.
How many Lely Resort homes were for sale?
105 on July 31, 2026, at a median asking price of $550,000.
How do I see Masters Reserve homes for sale?
Use the listing links at the top of this page, or call Domain Realty Group at 239-441-2816 for a saved search.
Is Masters Reserve the same as Lely?
No. Lely is the older golf area west of Lely Resort.
What is being built near Lely Resort?
A Costco approved for Collier Boulevard and Rattlesnake Hammock Road and Adonia's 184 rental homes inside Lely Resort.
How long do Lely Resort homes take to sell?
A median of 78 days on the MLS in the 12 months to July 31, 2026.
About Domain Realty Group in Naples
Domain Realty Group is a Southwest Florida real estate team working Collier, Lee and Charlotte counties, and Naples is one of our home markets, with an office on Galleria Court. Domain Realty Group has been the #1 team in Southwest Florida since 2012, with $2.5 billion in team production and 4,000+ transactions. The team is led by Jesse McGreevy (SL3101296) and Marc Comisar (BK3060671), who bring over 45 years of combined direct experience between them.
Reach any of our agents through our agents page, read our client reviews or learn more about our team. We tracked every recorded Masters Reserve sale on the Collier County file to build this page.
Domain Realty Group 239-441-2816 info@domainrealtygroup.com
Offices in Bonita Springs, Naples and Fort Myers:
- Bonita Springs: 24031 S Tamiami Trl #101, Bonita Springs, FL 34134
- Naples: 9180 Galleria Ct #200, Naples, FL 34109
- Fort Myers: 8290 College Parkway, Unit 201, Fort Myers, FL 33919
Brokered by Domain Realty, a licensed Florida real estate brokerage. Florida Real Estate Commission (FREC) licensed. All agents are licensed Florida real estate professionals.
Where to go next: Lely Resort homes for sale, Naples homes for sale and communities and current listings.
Sources
Every figure on this page traces to one of the sources below. No real estate portal or other brokerage is cited, by policy. County sale data comes from the Collier County Property Appraiser's sale files for the 12 months to August 17, 2026; web sources were read between July 31 and October 21, 2026. The Southwest Florida MLS (Matrix) supplies the listing and closing counts; MLS data is by subscription and has no public address.
Figures on this page
- Lely Community Development District, FY2027 adopted budget
- Lely Community Development District, FY2026 budget
- Lely Community Development District, audited financial statements for the year ended September 30, 2025
- Lely Community Development District, district overview
- Lely Resort Master Property Owners Association, 2026 approved master budget
- Lely Resort Master Property Owners Association, financial documents
- Lely Resort Master Property Owners Association, meeting minutes
- Lely Resort Master Property Owners Association, Lely Resort Communities roster
- Lely Resort Master Property Owners Association, 2025 recorded Declaration of Covenants
- Stock Development, 2017 Lely Resort PUD monitoring report and schedule
- Collier County, PUD master list, June 11, 2026
- Florida Division of Corporations, Sunbiz entity search
- Stock Development, archived Lely Resort site
- Stock Development, archived Lely Resort neighborhood list
- The Players Club and Spa
- The Players Club and Spa, membership
- The Players Club and Spa, 2026 fees and overview of amenities
- Lely Resort Golf and Country Club
- The Classics Country Club
- Naples Daily News, Mustang golf course reopens at Lely Resort, December 30, 2017
- Olé at Lely Resort Condominium Association
- Lely Island Estates Neighborhood Association
- Lely Island Estates Neighborhood Association, 2026 adopted budget
- The Majors Homeowners Association
- Greater Naples Fire Rescue District, Resolution 2025-10, final millage rate
- FEMA, National Flood Hazard Layer, flood hazard zones query
- FEMA, Flood Map Service Center
- Collier County, floodplain management
- Rookery Bay National Estuarine Research Reserve, Rookery Bay watershed projects
- Collier County Public Schools, school zone locator
- Collier County Public Schools, 2025-2026 school and district grades
- Collier County Public Schools, boundary information
- Gulfshore Business, site work begins for two housing projects at Lely and Collier
- Gulfshore Business, multifamily housing at the Lely Resort site
- Coastal Breeze News, commissioners approve East Naples Costco
- Marco Eagle, South Naples Costco could be ready to open by fall, March 3, 2026
- Marco Eagle, developer proposes golf course in East Naples, June 23, 2026
- Collier Clerk of Courts, South Naples Citrus Grove rezoning public comment
Further reading: flood maps, storms and insurance
- FEMA, National Flood Hazard Layer, flood hazard zones layer
- FEMA, National Flood Hazard Layer, FIRM panels layer
- FEMA, National Flood Hazard Layer, LOMR layer
- Collier County, flood map lookup
- Collier County, proposed flood insurance rate map reflects changes to local flood risk, August 2026
- Collier County, 2026 flood protection newsletter
- Collier County, hurricane evacuation zones (GIS)
Further reading: county records, plats and condominiums
- Collier County, PUD boundaries (GIS)
- Collier County, site address points (GIS)
- Florida Department of Revenue statewide cadastral parcels (GIS)
- Florida DBPR, condominium roster extract
- Collier County, milestone inspection buildings by year
- US Census Bureau, TIGERweb census designated places
- Collier County, 2025 Annual Update and Inventory Report
- Collier County Housing, affordable housing commitment inventory, July 1, 2026
Further reading: schools
Further reading: nearby lely areas and east naples golf
- Lely Country Club
- Collier County PTNE, Lely Golf Estates Beautification Advisory Committee
- Collier County PTNE, Lely MSTU agenda backup, May 21, 2026
- Lely, company heritage
- Royal Palm Golf Club
- Golf Course Trades, renovation becomes reality at Royal Palm Golf Club
- Naples Daily News, three golf courses will become private in Southwest Florida, September 16, 2026
- Naples Daily News, renderings of the Lantern Club proposed in East Naples, September 2, 2026
- Fry Straka, Lantern Club, March 17, 2026
- Gulfshore Business, Hibiscus Golf Club sold, what it means for Naples