Trieste at Bay Colony
The newest and largest Bay Colony high-rise, developed by WCI in 2002 with about 106 residences on the Upper Clam Bay side of Bay Colony Drive; common areas renovated in early 2024.
This overview summarizes verified facts and, where validated, market indicators for Trieste. The building analysis is summarized below.
| Type | Bay-side high-rise |
|---|---|
| Address | 8787 Bay Colony Drive, Naples, FL 34108 |
| Year built | 2002 |
| Residences | 106 |
| Floors | 20 |
| Typical living area | approx. 3,815–4,860 sq ft |
Facts compiled from public records, association materials and listing data. Verify in the association documents before relying on any figure.
Market indicators
Data through October 1, 2026 · closed sales only · † Fewer than five closed sales in the 24-month window; one sale can move the median. Read it as a reference point. · Methodology
139 closed sales since 2002. Over the trailing 24 months: median $1,526/SF on 4 sales (36-month view: $1,562/SF on 5). Closings averaged about 94% of final list and 87% of original list price. Median 168 cumulative days on market. 14 listings ended without a sale in the past 36 months, against 5 closings. Long-run $/SF trend of roughly 2.8% per year since 2002.
Data through October 1, 2026. Trailing windows end on the data date and use closed sales only. Typical residences: living area <= 1.5x building median. Months of supply = active listings / (prior-12-month sales / 12). Days on market is the median cumulative days on market (CDOM), which carries across relistings. Floor premium from OLS regression of $/SF on sale date, floor and living area, published only when positive and statistically distinguishable. Annual medians in years with one or two sales are noisy.
Trieste: median price per square foot by year
Trieste, annual median closed-sale $/SF, 2002–2026 (139 closed sales analyzed; years with one or two sales are noisy; years with no sales are skipped). Dashed line: log-linear trend, ≈2.8%/yr. Data through October 1, 2026. Not an appraisal.
Show the data behind this chart
| Year | Median $/SF | Sales |
|---|---|---|
| 2002 | $423 | 1 |
| 2003 | $481 | 3 |
| 2004 | $527 | 11 |
| 2005 | $536 | 16 |
| 2006 | $596 | 14 |
| 2007 | $606 | 8 |
| 2008 | $638 | 6 |
| 2009 | $541 | 3 |
| 2010 | $556 | 5 |
| 2011 | $504 | 4 |
| 2012 | $551 | 3 |
| 2013 | $503 | 3 |
| 2014 | $625 | 11 |
| 2015 | $555 | 6 |
| 2016 | $688 | 3 |
| 2018 | $725 | 6 |
| 2019 | $662 | 6 |
| 2020 | $627 | 4 |
| 2021 | $732 | 11 |
| 2022 | $1,176 | 4 |
| 2023 | $1,312 | 2 |
| 2024 | $1,638 | 2 |
| 2025 | $1,659 | 2 |
| 2026 | $1,259 | 1 |
What buyers and owners should know about Trieste
- Deepest comparable set: the newest (2002) and largest Bay Colony high-rise, with about 106 residences — more units usually means more frequent resales.
- Supply has outrun demand: one closing in the twelve months to October 1, 2026, against two active listings (about 24 months of supply), and 14 listings ended without a sale in 36 months against five closings. The 24-month median is $1,526/SF on four sales; price from closings, not asking prices.
- Orientation: on the Upper Clam Bay side of Bay Colony Drive, so views are bay and preserve rather than direct beachfront; compare pricing with the other bay-side towers first.
- Recent renovation: common areas were renovated in early 2024; ask how the work was funded and whether any assessment remains outstanding.
Derived from the sourced facts above and validated sales data. Verify in the association documents before relying on any item.
Galen Gonzalez, REALTOR®
Galen Gonzalez provides data-driven buyer and seller representation across Bay Colony, Pelican Bay, and Naples beachfront condominiums. His research combines building-level sales history, current market conditions, and residence-specific positioning.
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