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Lely Resort Mustang Island Market Report

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Lely Resort • Single-Family Pool Homes • Mustang Golf Course • Lake & Golf Homesites

Mustang Island Market Report

The Mustang Island Market Report tracks listings and recent sales within this established Lely Resort neighborhood of detached single-family pool homes. Mustang Island contains multiple original floor plans and a wide range of lake, Mustang Golf Course, combination golf-and-water and landscaped homesites.

The best valuation therefore begins with the individual floor plan and homesite rather than one neighborhood-wide price-per-square-foot average.

Best valuation sequence: original floor plan → recorded living area → homesite → lake, golf or lake-and-golf view → rear exposure → pool, spa and lanai → garage → roof and storm protection → HVAC and major systems → renovation → HOA and property-specific Players Club covenant → recent Mustang Island comparable sales.

Floor Plan Comes First

Mustang Island was developed with several original residential designs rather than one repeating model. Three-bedroom and three-bedroom-plus-den layouts are common, but room arrangement and living area can differ materially.

Identify the original plan whenever possible and verify current recorded living area. A Tilbury, for example, should first be compared with another similar Mustang Island design before expanding to unrelated Lely Resort homes.

Lake & Mustang Golf Course Homesites

Permanent homesite characteristics can create substantial value differences. Compare lake width, shoreline position, fountain placement, fairway location, tee or green relationship, cart paths, landscaping and neighboring sightlines.

Some of the strongest settings combine water in the foreground with Mustang Golf Course beyond it. These homes can provide additional view depth and separation from active golf play.

Rear Exposure, Pool & Lanai

Rear exposure affects sunlight, shade and sunset orientation around the pool. Compare the exposure together with pool and spa condition, screen enclosure, covered-lanai depth, decking, outdoor kitchen and landscaping.

Expanded lanais and panoramic or picture-frame screening can be particularly valuable where the property has a premium long-water or golf view.

Roof, Storm Protection & Major Systems

Because much of Mustang Island dates from the early and mid-2000s, major capital improvements now deserve significant attention. Review roof permits and replacement history, HVAC, water heater, electrical components, pool equipment and generator improvements where present.

Storm protection varies by residence. Verify impact-resistant windows and doors, shutters, lanai screens and garage-door protection independently rather than assuming one advertised improvement covers the entire home.

Renovation vs. Permanent Value

Mustang Island ranges from more original residences to extensively renovated homes. Kitchens, bathrooms, flooring and cabinetry influence marketability, but permanent features such as the floor plan, lake width, golf position and rear exposure cannot be recreated through remodeling.

For the strongest comparison, separate cosmetic renovation from roof, mechanical, storm-protection and pool-system improvements.

HOA & Players Club Review

Buyers should review the current Mustang Island HOA budget, landscaping and irrigation services, reserves, assessments, rental provisions and owner maintenance responsibilities.

Most importantly, Players Club & Spa status is property-specific within Mustang Island. Some homes carry an Amenities Covenant while others may have a Non-Amenities Covenant. Verify the recorded covenant for the exact property before calculating ownership costs.

Players Club participation and golf access are separate questions. A home overlooking Mustang Golf Course does not convey private Classics Country Club membership.

Mustang Island Buyer & Seller Checklist

  • Identify the original Mustang Island floor plan.
  • Verify current recorded living area.
  • Compare lake, golf, combination or landscaped homesites.
  • Review rear exposure and permanent sightlines.
  • Compare pool, spa, lanai and outdoor-kitchen improvements.
  • Review garage size, extensions and storage.
  • Verify roof age and permits.
  • Review HVAC, water heater, electrical and pool equipment.
  • Identify impact glass, shutters and lanai storm protection.
  • Separate cosmetic upgrades from major capital improvements.
  • Review current HOA responsibilities and assessments.
  • Verify the exact property's Players Club covenant.

Use the Live Market Report Below

The RealGeeks tables below update as Mustang Island homes are listed, repriced, placed under contract and sold. The native report is already properly isolated to Mustang Island, so it provides useful neighborhood-level activity without mixing in Lely Resort condos or villas.

For an individual valuation, begin with the closest floor plan and living-area category, then adjust for lake or golf homesite, rear exposure, pool and lanai, roof, storm protection, renovation, major systems and Club covenant.

For complete neighborhood information, visit Mustang Island Homes for Sale at Lely Resort or explore the Lely Resort Communities guide.

Explore Mustang Island With Schulz Realty

Schulz Realty can help compare Mustang Island homes by floor plan, living area, lake and Mustang Golf Course setting, rear exposure, pool and lanai, garage, roof, storm protection, renovation, major systems, Players Club covenant and relevant recent sales.

Contact Schulz Realty for Listings & Private Tours

Mustang Island residence counts, floor plans, recorded living areas, homesites, views, association fees, maintenance services, reserves, assessments, rental rules, Players Club covenant status, membership deposits, dues and privileges, golf access, roof condition, storm protection and individual property features may change or vary by residence. Buyers and sellers should verify material information through current HOA, Club and golf documents, MLS and property records, inspections, permits, insurance professionals, title work and appropriate qualified professionals.

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Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
8793 Mustang Island CIR 3 3 2,527 $1,265,000 $500 94 days
8968 MORGAN CT 3 2 2,028 $970,000 $478 270 days
Average: 3.0 2.5 2,277 $1,117,500 $489 183 days
Viewing 1 - 2 of 2
Viewing 1 - 2 of 2
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
8745 Mustang Island CIR 3 2 2,183 $1,495,000 $1,450,000 $664 112 days 4/24/26
8844 Mustang Island CIR 3 3.5 2,769 $1,299,000 $1,260,000 $455 50 days 7/16/26
8860 Mustang Island CIR 3 3.5 2,505 $1,299,900 $1,260,000 $502 67 days 4/10/26
8868 Mustang Island CIR 3 3.5 2,450 $1,150,000 $1,100,000 $448 111 days 4/29/26
8948 Mustang Island CIR 3 3.5 2,450 $949,900 $949,900 $387 39 days 3/12/26
8983 Mustang Island CIR 3 2 2,038 $899,000 $785,000 $385 182 days 6/2/26
Average: 3.0 3.0 2,399 $1,182,133 $1,134,150 $474 52 days
Viewing 1 - 6 of 6
Viewing 1 - 6 of 6

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this company are marked with the BR Program Icon or the BR House Icon and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available through the BR Program. The information provided is for consumers’ personal, non-commercial use and may not be used for any other purpose.