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427 Ridge CT, Naples, FL, 34108 | $8,995,000
Extremely rare opportunity to own a legacy property in Pine Ridge Estates. Regarded by many as the best lot in Pine Ridge, offerings like this only come to market once a generation. Located in the quiet enclave of Ridge Court, discover a modern home built to exacting standards by BCB Homes in collaboration with Dyehouse & Geshay. 427 Ridge Court is situated on 2. 09 acres with Southwestern exposure on Mockingbird lake. The peninsula shaped parcel provides unparalleled privacy with 443 feet of water frontage. This is the single, largest waterfront property on Mockingbird lake. If all properties in Pine Ridge Estates were available, this site would be the first chosen. While the asking price is based off land value, the home is well conceived and may be of real interest to many. This house has done extremely well with short term rentals. Plan your new home while generating income to reduce expenses! Flood zone X. High and dry, no need to worry about hurricanes here! New and improved price! There may be an opportunity to subdivide lot as current survey shows over two acres. Schedule your private viewing today for one of the rarest offerings in Naples.
Features
- Amenities: Exercise Room,Internet Access,See Remarks
- Bedrooms: 6
- Baths: 5 full / 2 half
- Style: 2 Story
- Development: PINE RIDGE
- Year Built: 1997
- Garage: 4-car Attached
- Heating: Central Electric
- Cooling: Central Electric
- Approx Sq. Feet: 5,831
- Acreage: 2.09
- Est. Taxes: $66,680
- Lot Desc: Cul-De-Sac,Irregular Shape,Oversize
- View: Lake
- Community Type: No Subdivision
- Water Front: Yes
- Boat Access: Boat Dock Private,Composite Dock,Dock Included
- Private Pool: Yes
- Pet Policy: No Approval Needed
- MLS#: 224092460
- Website: https://www.raveis.com
/eprop/224092460/427ridgect_naples_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
427 Ridge CT, Naples, FL, 34108
$8,995,000
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 | $7,196,000 | $7,196,000 | $7,196,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.606% | 6.622% | 6.680% |
| Monthly Tax Payment | $5,557 | $5,557 | $5,557 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $46,673 | $45,484 | $62,685 |
| Total Monthly Payment | $52,355 | $51,166 | $68,367 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388