Located in the sought-after beach block of Old Naples, this gorgeous home features western exposure and is just a short stroll from the iconic Naples Pier, charming boutiques, and exquisite dining on Third Street South.
This remarkable home has stood resilient through the last three major hurricanes—Hurricane Ian, Hurricane Milton, and Hurricane Helene—sustaining zero damage during these intense storms. Due to its elevated position, this home has survived some of the largest floods seen in Naples History. Enhanced with storm shutters and impact-rated windows and doors, this home is designed to withstand strong winds, ensuring peace of mind for any homeowner. With its proven track record of durability, this property is not just a beautiful residence but a safe haven in storm-prone areas. Designed by the esteemed Stofft Cooney Architect firm and completed in 2018, this residence combines luxury with functionality, featuring high-end finishes and an open floor plan that promotes seamless indoor-outdoor living. The heart of the home is a magnificent great room that flows effortlessly into a fabulous outdoor kitchen, complete with roll-down screens and shutters for year-round enjoyment. The first floor boasts a lavish master suite and a versatile guest/office suite, while the second floor features three additional en suite bedrooms, a cozy sitting area, a dry bar, and a private balcony. Surrounded by lush tropical landscaping, this property offers a serene sense of privacy, creating an oasis that feels worlds away yet remains within walking distance to the vibrant culture of Old Naples. The award-winning kitchen is a chef's dream, showcasing exquisite Taj Mahal Quartzite stone, complemented by top-of-the-line appliances, including a Wolf oven, steam and micro ovens, and a Subzero refrigerator with four drawers. Outdoor living is elevated with a spacious pool featuring three tranquil water bowls, an outdoor kitchen, and a pool bath, all designed for entertaining and relaxation. A gallery hallway leads to the master suite, which boasts an expansive closet and a spa-like bath. Additional features include a wine room, laundry area, and a flexible space that can serve as a study or an extra bedroom with an attached bath. An elevator or staircase provides easy access to a gathering TV room and the three en suite bedrooms on the upper level, along with two balconies that offer breathtaking views of Naples sunsets and city lights. This sophisticated, Bali-inspired home, completed by SGM Building Group, is fully furnished and move-in ready, inviting you to experience the perfect blend of elegance, comfort, and privacy in the heart of Old Naples. Don’t miss the opportunity to make this exceptional property your own!
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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 | $9,998,040 | $9,998,040 | $9,998,040 |
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 | $6,254 | $6,254 | $6,254 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $64,019 | $64,019 | $87,782 |
Total Monthly Payment | $70,398 | $70,398 | $94,161 |
* 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.