705 Shadow Lake LN, Naples, FL, 34108 | $11,500,000

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.

Features

  • Amenities: Beach - Private,Beach Access,Bike And Jog Path,Exercise Room,Fitness Center Attended,Internet Access,Private Beach Pavilion,Private Membership,Putting Green,Restaurant,Shopping,Sidewalk,Streetlight,Tennis Court,Underground Utility
  • Rooms: 11
  • Bedrooms: 5
  • Baths: 5 full / 1 half
  • Style: 1 Story/Ranch
  • Development: PELICAN BAY
  • Year Built: 1990
  • Garage: 2-car Attached
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Approx Sq. Feet: 5,777
  • Acreage: 0.46
  • Est. Taxes: $19,330
  • Master HOA Fee: $2,675
  • Lot Desc: Cul-De-Sac,Irregular Shape,Oversize
  • View: Landscaped Area
  • Community Type: Golf Course,Non-Gated,Tennis
  • Elem. School: SEAGATE
  • Middle School: PINE RIDGE
  • High School: BARRON COLLIER
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 224080260
  • Website: https://www.raveis.com
    /eprop/224080260/705shadowlakeln_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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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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705 Shadow Lake LN, Naples, FL, 34108

$11,500,000

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 $9,200,000 $9,200,000 $9,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.304% 6.762% 6.725%
Monthly Tax Payment $1,611 $1,611 $1,611
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $58,150 $58,909 $80,142
Total Monthly Payment $59,886 $60,645 $81,878

* 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.