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Privacy and proximity to all of Naples amenities can be found in this inviting, well-proportioned two-story home in Gordon Drive Estates (fomerly known as Palmer Estates) - a mews of only nine homes on the edge of Olde Naples in Aqualane Shores.
The architectural elements in this home with 4, 332 square feet under air speak to its traditional elegance: quality finishes and hardware, beautifully turned woodwork and trims, and solid-core doors throughout, all bathed in a color palette chosen to reflect sea, sand and sunlight. It begins with a dramatic staircase that draws the eye from the circular drive, into the grand foyer. From there, enter the large salon with volume ceilings and French doors leading to an expansive southwest-facing lanai paved with honed marble and surrounding the 30’x17’ pool and attached spa. Also on the first floor: a handsome, well-appointed study/library; an adjacent “holiday ready” formal dining room with access to the eastern terrace (Morning coffee, anyone?); a well-appointed kitchen with island, two dishwashers, wine cooler, and family dining alcove; a spacious gathering room with abundant light and access to the lanai and pool. The primary suite, also on the first floor, features a spa-like bath with tub, shower and dual vanities, a custom closet and beautiful views of the manicured landscape. On the second level: two guest bedrooms, ensuite, and a charming loft space, ideal for use as a play room or get-away reading nook. The two-bay garage accommodates extra storage needs. This home is in the “beach block” with private access through a gated easement available to residents of Gordon Drive Estates.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,950,000
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 | $5,560,000 | $5,560,000 | $5,560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.748% | 6.701% |
Monthly Tax Payment | $4,377 | $4,377 | $4,377 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $36,525 | $35,601 | $48,434 |
Total Monthly Payment | $41,027 | $40,103 | $52,936 |
* 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.