Come escape into this fully developed 2 acre Eastern exposure compound in Pine Ridge estates. With almost 9, 000 sq. feet under air and over 22, 000 sq. feet of additional exterior living space, this home is the epitome of the Naples lifestyle. The gracious glass front doors open to a grand foyer setting the tone of luxury and casual elegance. Once you pass the open dining room which seats 12 comfortably and the wood burning fireplace, you enter the great room that includes a well appointed chefs kitchen with Wolf and Viking appliances along with a separate breakfast room and fully equipped bar area. The Primary suite which comprises one entire wing of the home includes glass doors that pocket open onto the courtyard pool area, his and hers closets, a spectacular primary bath with soaking tub, separate shower, outdoor shower, garden area with spa and a home office/den. The property with its six additional bedrooms all with full en suite bathrooms hinge around the resort like pool which features a lap pool, sunning platforms, and spa. Also found in the screened lanai is an outdoor kitchen that includes a gas grill with plentiful seating for entertaining, sizable covered lounge space with two retractable projection screens and a sunken conversation pit with fireplace and mood lighting. The first floor of the two story guest house is equipped with a home theater, a billiards room, a red light sauna and a HD Golf simulator room. The second level with balconies has a massive bunk room that sleeps 10 with four queen bunk beds, a king and a sitting area with private bath along with a second incredibly sized guest suite and bath. The back of the property has been developed with a sports court that is designed for pickleball or basketball along with a Moroccan themed screened tiki hut, pavered patios for entertaining, a swim spa, and a separate stone fire pit and pergola. This property is truly a playground for all ages! The entire compound can be run remotely through the Control 4 monitoring system with mobile control. A full house generator is in place along with a R/O system, a septic system, two private wells and a home gym. A Juice Box electric car charger is installed in the oversized three car garage. For secondary parking, the covered carport along the North side of the property accommodates two vehicles while the circular driveway allows for seven additional parking spots. Steps from Vanderbilt and Seagate beach as well as shopping and dining at Mercato, Waterside shops and Venetian Village, this is a once in a lifetime opportunity to own such an exquisite and unique 2 acre estate in central Naples with a sense of privacy and a blend of suburban and rural elements. Pine Ridge Estates was originally developed in the 1960s by the Collier Family in hopes of creating a hidden gem in a natural setting while also being located only steps from the bustle of downtown.
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Our Executive Mortgage Banker:
Our Insurance Division:
$9,995,000
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 | $7,996,000 | $7,996,000 | $7,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $3,120 | $3,120 | $3,120 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $51,199 | $51,199 | $70,204 |
Total Monthly Payment | $54,444 | $54,444 | $73,449 |
* 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.