​[[{“value”:”North Padre Island Resort Listed for Sale

Avison Young has been engaged to market Whitecap Resort, a shovel-ready, 240-acre coastal master-planned boating community on North Padre Island in Corpus Christi, TX. The offering centers on an amenity-driven plan that combines hospitality, residential, retail, entertainment, and multifamily components in a single large-scale development.

The proposed program for Whitecap Resort includes a resort hotel paired with branded residences, allowing for integrated hospitality and residential offerings within the same destination. Beyond the hotel component, the plan calls for both traditional residential neighborhoods and short-term rental communities, positioning the project to serve primary homebuyers, second-home owners, and vacation renters. Retail and entertainment uses are also contemplated to support future residents and visitors and to help activate the waterfront environment.

Multifamily housing is incorporated into the broader development plan, complementing the for-sale residential and hospitality elements. This mix is intended to create a full-spectrum coastal community rather than a single-use resort property. According to the marketing team, flexible parcel configurations are available, giving potential buyers the ability to acquire either the entire project or select portions, which may appeal to a range of single- and multi-developer strategies.

The development is being led by Ashlar Development, which is identified as the project developer. Avison Young’s marketing efforts are being handled by a team that includes Chris Kilcullen, Mike Kennedy, James Nelson, Erik Edeen, and Michael Agnew, who are representing the developer in bringing the opportunity to market. Their role encompasses outreach to potential acquirers for the shovel-ready master-planned community.

Whitecap Resort already features several completed amenities and active construction, underscoring that the project is in progress rather than purely conceptual. A major anchor is the Whitecap Dry Stack Marina, a $50 million facility that is currently underway and positioned as a key focal point of the boating-focused community. In addition, Heron’s Nest Café & Park and Pelican’s Landing Pool & Fitness Facility have been completed, providing early lifestyle and recreational offerings on the site.

Further activation is occurring through an early entertainment district that is now under construction, designed to bring dining, social, and leisure options to the development in advance of full build-out. On the residential side, Phase 1 includes 199 lots, while Phase 2 contemplates an additional 420 lots, along with townhome lots planned within the Mixed-Use District of the community. These planned phases illustrate the scale of future housing within the master plan, spanning multiple phases and product types.

With major amenities underway, several lifestyle components already delivered, and a large residential pipeline mapped out, the Whitecap Resort listing represents a sizable coastal master-planned opportunity on North Padre Island. The combination of an active marina project, completed community facilities, and shovel-ready residential phases frames the offering as a multi-faceted coastal development poised for further investment and build-out.

The post Whitecap Resort, 240-Acre Coastal Master-Planned Community on North Padre Island, for Sale appeared first on CRE Market Beat.

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