15118 Frescott WAY, Naples, FL, 34110 | $6,995,000

Welcome to 15118 Frescott Way in Mediterra, the ultra exclusive gated golf community renowned for its timeless and elegant Santa Barbara-inspired architecture. This 4 Bedroom + Den, 5. 5 Bath home is truly an entertainer's dream. Enter from the expansive motor court through dramatic wrought iron gates into a tranquil and elegant courtyard with fountain and mature plantings. Formal living room with soaring ceilings and gas fireplace overlooks the private outdoor living area. Formal dining room is ideal for entertaining and family dinners. The bright and open informal living area boasts a true chef's eat-in kitchen replete with wood-paneled Subzero and Asko appliances, Wolf 6-burner gas range, butler’s pantry, wet bar and even a wine cellar. Gorgeous informal living and dining area with walls of glass opens out to the large covered and screened-in lanai overlooking the 15th hole with a pool and spa with waterfalls, multiple seating areas, outdoor kitchen/bar and gas fireplace seamlessly blending indoor/outdoor living.
Private home office with handsome custom built-ins and convenient powder room. The Master Suite is a true sanctuary. Spacious bedroom includes a sitting area with gas fireplace opens out to lanai and pool. The en-suite bathroom is a true oasis reminiscent of an elegant hotel bath replete with separate vanities, separate water closet, bidet, oversized walk-in shower with dual shower heads, Jacuzzi tub and a steam room. Dual walk-in closets with custom built-ins.
Upstairs features a spacious club room with custom built-ins with an elegant bar is the ideal media room complete with wall of glass opening out to a terrace. Additional spacious guest suite completes this floor. This home is equipped with a central vacuum system, multiple A/C zones, and a tankless hot water heater. 3-car attached garage with epoxy floor plus great storage.
This renowned and desirable community with 1700 acres of pristine and mature landscaping, preserve, winding streets and several optional club membership packages including the gorgeously renovated and newly opened beach club on nearby Bonita beach. Mediterra is ideally located in North Naples, and just a short drive to the beach as well as the prominent dining & shopping experiences of Mercato, Waterside Shops and 5th Avenue. Truly exceptional. This home is available for rent as well.

Features

  • Amenities: Beach Club Available,Bike And Jog Path,Clubhouse,Community Park,Community Pool,Community Room,Community Spa/Hot tub,Exercise Room,Fitness Center Attended,Full Service Spa,Internet Access,Pickleball,Play Area,Private Membership,Putting Green,Restaurant,Sauna,Shuffleboard,Sidewalk,Streetlight,Tennis Court,Underground Utility,Volleyball
  • Bedrooms: 4
  • Baths: 5 full / 1 half
  • Style: 2 Story
  • Development: MEDITERRA
  • Year Built: 2002
  • Garage: 3-car Attached
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric,Gas - Natural,Humidistat,Zoned
  • Approx Sq. Feet: 6,626
  • Acreage: 0.69
  • Est. Taxes: $53,815
  • Master HOA Fee: $12,194
  • Lot Desc: Regular
  • View: Golf Course
  • Community Type: Gated,Golf Course,Tennis
  • Elem. School: VETERANS MEMORIAL ELEMENTARY
  • Middle School: NORTH NAPLES MIDDLE
  • High School: GULF COAST HIGH SCHOOL
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 224059820
  • Website: https://www.raveis.com
    /eprop/224059820/15118frescottway_naples_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of John R Wood Properties

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NMLS Mortgage Loan Originator ID 16953

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15118 Frescott WAY, Naples, FL, 34110

$6,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $5,596,000 $5,596,000 $5,596,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $4,485 $4,485 $4,485
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $36,296 $35,832 $49,133
Total Monthly Payment $40,906 $40,442 $53,743

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.