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Situated in one of Olde Naples’ most sought-after locations, this high-elevation home offers unparalleled peace of mind with NO water damage and lower flood insurance costs thanks to its placement in the X500 flood zone. The property sits on a 14, 000+ square foot corner lot with lush landscaping, offering privacy and a perfect blend of luxury, convenience, and coastal elegance. Recently completely remodeled between 2021-2023, the home showcases top-tier finishes on par with a brand-new construction built in 2022. The front elevation was expanded to include a new metal raised single-seam roof, an open 2-story foyer, glass double doors, and an elevator area. Inside, you will find European French white oak engineered hardwood flooring, soaring ceilings from 12 to 18 feet high, and IMPACT windows throughout. The chef’s kitchen is equipped with white shaker cabinetry, an oversized island with black accent cabinetry towards dining room and luxurious quartz countertops with a waterfall edge, complemented by DACOR 6 burner 2 oven gas cooktop, VIKING microwave/convection oven, and a SUBZERO side-by-side refrigerator. The spacious home includes a music room, large den, open loft space, and expanded laundry/butler’s pantry. The owner’s suite occupies its own private wing with a large walk-in closet, extra built-in doored storage & closet system, a bedroom with walls of windows and sliders leading to the private pool and spa. The spa-like bathroom featuring a walk-through shower with multiple showerheads, dual vanities, and a private water closet. Upstairs, the home offers three large guest suites, each with ample closet space, natural light, and balcony access from two of the suites. The exterior features the most thoughtfully mature plantings, trees and flower beds, Bahama shutter accents, LED landscape lighting, and a handcrafted shell-stone driveway and walkway. The covered lanai has new electric rolling “sun and storm” screens, and the pool and spa area are enclosed for added protection. All of this sits just three blocks from the beach, the new Four Seasons, and all the amenities of Olde Naples. Positioned on a quiet street with no thru traffic, this home is the ideal mix of modern design, top-of-the-line finishes, and the privacy and convenience you have been looking for. WITH NO hurricane damage at all, this home is ready for its next lucky owner.
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Our Executive Mortgage Banker:
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$7,000,000
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 | $5,600,000 | $5,600,000 | $5,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.375% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.957% | 6.484% | 6.449% |
Monthly Tax Payment | $2,642 | $2,642 | $2,642 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $34,937 | $34,937 | $48,016 |
Total Monthly Payment | $37,704 | $37,704 | $50,783 |
* 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.