The concept of Wyld Palms started out initially as a large community of 500 single-family homes. Platted Nov. 18, 1986, the community was then referred to as Heron Point Landing with original plans for 500 multi-family houses. In 2004, developers of Wyld Land Development revised the site plan and the community name became Wyld Palms. A proposed 364 homes --single-family houses and condominiums -- would create a collection of seven uniquely designed villages in a three-phase plan. Altogether, approximately 900 homes were planned for the 85-acre site.
The first Village of the development, the Landings at Wyld Palms, was to feature maintenance free Manor homes along 3,000-feet of shoreline. The Manor homes were originally priced from $199,000 to $270,000. They featured four floor plans from 1,325 square-feet living space to 1,926 square-feet living space, a 2-car garage, cathedral ceilings, an enclosed gas fireplace, Corian countertops and an irrigation system. Only 7 of the 24 homes that were built before the development went into receivership. The infrastructure (roads, water, etc.) and a 12,000 square-foot Lake House and second clubhouse are complete, including a deck, pool, spa & fitness center, party & game rooms.
Other Villages planned included Harborside, Waterside, The Terraces, The Preserve, Parkside, and Dockside. Additional features planned for the development was a hair and nail salon, business center, health center, mile-long lakeside boardwalk, marina with 40 boat slips, walking trails, barbecue facility, outdoor kitchen and a water taxi service to downtown Inverness.