527 Devils LN, Naples, FL, 34103 | $8,999,000

Location, location, location! Nestled in the heart of the prestigious Park Shore community, this newly constructed custom-built home by Borelli Construction is within weeks of completion. Built to a high elevation, on a single story, with whole house generator, this residence is in a category of its own. With nearly 5, 200 air-conditioned square feet, five spacious bedrooms, each with its own en-suite bathroom, a study/flex room, a three-car garage providing ample space for vehicles & storage, and a 45-foot-long heated pool with spa, this home is truly a custom masterpiece that has been years in the making. From the moment you step through the front door and the serene lake view takes your breath away, you'll find yourself in a home that beautifully combines modern sophistication with timeless design. After entering the foyer with impressive ceiling detail, the eye is pulled across the expansive great room, which is bathed in natural light thanks to an oversized eight-panel impact glass slider that spans the room & frames the picturesque lake view. With plenty of space for both relaxation & entertaining, the kitchen, designed to inspire the culinary enthusiast, is equipped with top-of-the-line appliances & features sleek cabinetry & a spacious island that doubles as a breakfast bar. Adjacent to the kitchen is a butler's pantry with an additional set of appliances designed and equipped to provide ample workspace and features making it ideal for cooking, storage & preparation conducive to hosting large gatherings or intimate dinners. This magnificent home's five bedrooms include a primary suite that is a private oasis with a stunning lake view, a luxurious bathroom with dual vanities, a soaking tub & a walk-in shower. The additional bedrooms are equally impressive, offering comfort & privacy for family members or guests. Wide plank European white oak wood floors create a warm & inviting atmosphere. High ceilings & custom millwork add to the home's sophisticated charm. Step outside and you'll discover a private paradise as the outdoor living area is perfect for enjoying the Florida lifestyle year-round with a covered lanai that includes a summer kitchen that makes alfresco dining a breeze. This home is also eligible for private Park Shore Association Beach Park membership and is perfectly situated just minutes from Naples' famous sugar sand beaches, and world-class shopping & dining at the Village Shops on Venetian Bay, Waterside Shops, and Neapolitan Way Shopping Center. This custom-built home is a rare gem that combines luxury, comfort & style with a spacious floor plan, top-of-the-line features, and a prime location, offering an unparalleled living experience. Welcome to luxury living at its finest. A must-see!

Features

  • Amenities: None
  • Bedrooms: 5
  • Baths: 5 full
  • Style: 1 Story/Ranch
  • Development: PARK SHORE
  • Year Built: 2024
  • Garage: 3-car Attached
  • Heating: Central Electric
  • Cooling: Central Electric
  • Approx Sq. Feet: 5,144
  • Acreage: 0.32
  • Est. Taxes: $27,624
  • Lot Desc: Other
  • View: Lake,Landscaped Area,Water
  • Community Type: Boating,Non-Gated
  • Water Front: Yes
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 224062316
  • Buyer Broker Compensation: 2.00%
  • Website: https://www.raveis.com
    /mls/224062316/527devilsln_naples_fl?source=qrflyer
Courtesy of

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.

John Paul Prebish, P.A.Luxury Properties Specialist

239.449.0254

jp@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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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
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Florida Insurance TeamInsurance Sales Director, William Raveis Insurance

561.704.7334

FLInsure@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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

527 Devils LN, Naples, FL, 34103

$8,999,000

John Paul Prebish, P.A.

Luxury Properties Specialist

William Raveis Real Estate

Phone: 239.449.0254

jp@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 $7,199,200 $7,199,200 $7,199,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 6.258% 6.201%
Monthly Tax Payment $2,302 $2,302 $2,302
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $43,743 $43,743 $60,751
Total Monthly Payment $46,170 $46,170 $63,178

* 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.