LOCATED ON 5TH AVE S IN OLD NAPLES the elevation of this grand residence is high and dry with views of the gulf just one home in from the beach. A story book setting with powered gates, circular driveway, paver walkways and lush landscaping of topical plantings. Rear alley access to 3 car garage. 7635 SQ Ft under air 9675 Sq Ft total area. As you step into the entry you’re greeted by a breathtaking sight: a 6- foot long chandelier from John Richard that serves as a dazzling focal point and grand dramatic stair case. Throughout the home lighting has been carefully chosen to marry beauty with functionality, casting each space in the perfect ambiance. Craftsmanship of the highest caliber is evident throughout the house. The kitchen offer an abundance of spaces to gather and relax, each thoughtfully designed to enhance the experience of daily living. Roof top decks, custom wine room (800 bottles), new custom kitchen, 5 bedrooms, 7 baths, grand Parlor /bar, office and 3 large terraces overlooking the lush grounds and Gulf of Mexico. Upon arrival, guest are greeted in a two story grand foyer with dramatic staircase. The fireplace living room adjacent to the wine room for intimate retreats ultimate venues for family friends gatherings. Family room filled with light and french doors that lead out to spacious open air terrace with views of the Gulf. Ultimate culinary chefs kitchen /Viking gas stove, the center island is jatoba brown suede quartzite a work of art on all the counters perfect combination to the rich wood cabinetry, 2 dishwashers, butlers pantry, built-in china cabinets, refrigerator drawers, separate ice maker, sub zero refrigerator & freezer. The architect designed a dining area in the round with rotunda ceiling opens that brings the family and guest together. Lots of natural light fills this area with french doors that open to terrace for alfresco dinning. First level- luxurious primary suite with stain glass window in bathroom, large walk in closet. Laundry room with porthole window and spacious counters and storage. Second level the Parlor is like stepping into a Hollywood movie set. The detailed millwork, the custom built wood bar, entertainment area that flows with ease to adjacent office/ library. French doors open to magnificent open terrace with view of the Gulf of Mexico. Four large guest bedrooms each with private bathrooms. An outside spiral staircase to the roof top decks with built in seating to enjoy sunset. Tucked on south side is the pool, spa and private bath. This home was designed to entertain and is the perfect venue for philanthropy events and family celebrations! Its an active fun lifestyle to walk to all the shops, restaurants, parades, art shows, right here on 5TH Avenue S. The beach walks and swims will energize your soul. The warm breezes and painted sky’s will fill your heart with joy and relaxation. A legacy property perfect for multigenerational gatherings.
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Phone: 888.699.8876
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $19,200,000 | $19,200,000 | $19,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.636% | 6.684% |
Monthly Tax Payment | $7,604 | $7,604 | $7,604 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $122,940 | $121,357 | $167,253 |
Total Monthly Payment | $130,669 | $129,086 | $174,982 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.