One of Pelican Bay’s most coveted estate compounds, this home sits on one of the largest and most private lots ever to become available. At the end of a quiet cul-de-sac, bordering Oakmont Park, enveloped by a one-tenth of a mile long, 10-foot-tall Calusa privacy hedge, arriving home at 705 feels like a welcome respite from the hectic, outside world. This is your own one-of-a-kind sanctuary. A master class in good taste and modern, elegant design, this sprawling 10, 000+ sf residence has been architecturally upgraded with every high-end convenience, always with gracious entertaining top-of-mind. In addition to countless large family celebrations, this home has been chosen to host some of Naples’ most prestigious society gatherings including the Artis Naples Annual Art Tours, Food & Wine Celebrity Chef Galas and Humane Society Annual Benefits, to name but a few. Meticulously maintained with 5 large bedrooms, all with modern, en suite baths. The two principal suites each feature private courtyards and gardens. The very large cabana suite overlooks the stunning pool area and Zen garden - it feels like a treehouse! Another bedroom suite features its own orchid house and screened courtyard. A gigantic, double-height lanai overlooks wooded Oakmont Park and offers the utmost in luxurious indoor/outdoor living. Other notable amenities include a state-of-the-art Dolby theater, home chapel, steam shower, outdoor shower, commercial outdoor kitchen, storage/catering rooms, 5 attics, a collection of exotic fruit trees. This home is like a thoughtfully commissioned work of art, as unique as its deserving new owner. Conveniently located within Pelican Bay minutes to beaches, shopping and many restaurants.
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$11,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $9,200,000 | $9,200,000 | $9,200,000 |
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 | $1,611 | $1,611 | $1,611 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $59,671 | $58,909 | $80,775 |
Total Monthly Payment | $61,407 | $60,645 | $82,511 |
* 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.