In the heart of the Old Naples Historic District. A fabulous walkable location - close to the Gulf beaches, parks, shopping and dining. This amazing home was inspired by the original cottage, in which the owner artist has painted a mural at the front entry. The floor plan flows easily from the inside to the outside with outdoor living room, large screened area with a combination pool spa (Spool) with a "grotto" style waterfall. So much thought went into the design, detail and uniqueness of this home. It is truly a one-of-a-kind. Volume tongue and groove pine ceilings are found in the Great room and are carried up the stairs leading to the 2nd floor guest suites. There are two cupolas for added light and charm. Custom antique furniture style built-ins in the great room create a "library" feeling and add storage. The Chef's kitchen features a large island with two refrigerator drawers, the counter-tops are a leather honed finish granite. Above the island are three hand blown Murano glass pendants. In the primary suite there are French doors opening to the screened outdoor living area and pool-spa combination. Large walk-in closet with built-ins and a wonderful bath featuring a large walk-in shower plus a soaking tub. The lovely wood staircase with iron balusters, wood rail and a window wall leading you to the 2nd level landing. The upstairs guest suites consist of two guest rooms with a pass-through hall, that also serves as an upstairs "kitchenette" with a beverage refrigerator, microwave, sink and loads of cabinets for additional storage. The flooring on the 2nd level is a Mexican Terracotta tile. The front guest room overlooks 10th Avenue South, and the back bedroom has a tree house feeling with spiral stairs that go down to the "spool" and outdoor living. The hardscape is Chicago brick, including the circular drive, front and back drive ways and the extensive outdoor living areas. There is even a private outdoor shower, perfect when you are coming back from the beach. The outdoor living room has tongue and groove ceiling with Chicago brick flooring in a Herringbone pattern, open via French doors from the Great room, primary bedroom and half bath. Colorful gardens, anchored by mature trees surround the home. The three-car tandem garage has access from 10th Avenue South, or the alley via a gate. On the second level you will find a large air-conditioned storage space. Flood elevation of the first living level is at 11', the garage floor is at 9'.
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William Raveis Real Estate
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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 | $4,600,000 | $4,600,000 | $4,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.876% | 6.850% |
Monthly Tax Payment | $986 | $986 | $986 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $29,836 | $29,836 | $40,388 |
Total Monthly Payment | $30,947 | $30,947 | $41,499 |
* 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.