$9,300,000
SOLD FEB 14, 2025

1388 Great Egret Trail Naples, FL 34105

Grey Oaks Neighborhood
6 Beds
11 Baths
10,268 Sq Ft
0.68 Acres

Recently Sold

$906 Per Sq Ft

7% Below List Price

177 Days on Market

Highlights

  • Lake Front
  • Full Service Day or Wellness Spa
  • Community Cabanas
  • Poinciana Elementary School Rated A-
  • Golf Course Community
  • Fitness Center

About This Home

As of February 2025

The definitive tropical estate home. Tucked away in beloved Estuary at Grey Oaks, this home is a veritable resort for those who truly appreciate the finer things. A former London Bay Model, this incredible estate possesses 6 bedrooms (4 of which are located on the first floor), 8 full baths and 3 half baths; all situated amongst a plethora of amenities. Entertain in the classy billiards room; equipped with a full bar. Reflect by your tranquil koi pond, just steps across your sun deck from the beautiful heated pool and spa. Retreat to your gourmet kitchen, finished in Calacatta marble and boasting both a pantry and a butler’s pantry to complement. Rewind in the spacious home theater, with its fully loaded A/V system and its plush and ample seating. Finally, retire to your private master suite, with its conjoining dual closets and baths. When its time to depart; four spacious garage bays await car enthusiasts and hobbyists alike. A spectacular value in a coveted location.

Last Agent to Sell the Property

Timothy Savage

Gulf Coast International Prop Listed on: 08/07/2024

Last Buyer's Agent

Toni Morgan

Downing Frye Realty Inc.

Downing Frye Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,683

Year Built

  • Built in 2002

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions: 200
  • Lake Front
  • Cul-De-Sac
  • East Facing Home
  • Gated Home
  • Paved or Partially Paved Lot
  • Sprinkler System

HOA Fees

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Property Views

  • Lake
  • Golf Course

Home Design

  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 10,268 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Custom Mirrors
  • Central Vacuum
  • Bar
  • Coffered Ceiling
  • Vaulted Ceiling
  • Fireplace
  • Electric Shutters
  • Floor-to-Ceiling Windows
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Media Room
  • Home Office
  • Screened Porch
  • Monitored

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Oven
  • Range
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal
  • Pot Filler

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub With Separate Shower Stall
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Washer

Eco-Friendly Details

  • Air Purifier

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Heated Spa
  • Pool Bathroom
  • Pool Equipment Stays

Outdoor Features

  • Pond
  • Balcony
  • Water Fountains
  • Outdoor Kitchen
  • Fire Pit
  • Outdoor Gas Grill

Schools

  • Poinciana Elementary School
  • Gulfview Middle School
  • Naples High School

Utilities

  • Zoned Heating and Cooling System
  • Underground Utilities
  • Smart Home Wiring
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07333000343

Community Details

Overview

  • $100,000 Membership Fee
  • $750 Secondary HOA Transfer Fee
  • Private Membership Available
  • Grey Oaks Community
  • Mandatory home owners association

Amenities

  • Full Service Day or Wellness Spa
  • Restaurant
  • Clubhouse
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Bocce Ball Court
  • Fitness Center
  • Exercise Course
  • Community Cabanas
  • Community Pool
  • Putting Green
  • Park
  • Dog Park
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,683

Year Built

Built in 2002

Lot Details

0

HOA Fees

$2,206 per month

Parking

4

Listing Details

  • Legal Description: ESTUARY AT GREY OAKS TRACT D LOT 13
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Electric Shutters, Shutters - Manual
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 905.73
  • Total Floors: 2
  • Additional Rooms: Balcony, Den/Study, Family Room, Great Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Media Room, Screened Lanai/Porch
  • Estimated Living Area: 10268
  • Full Bathrooms: 8
  • Half Bathrooms: 3
  • Total Bathrooms: 11.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground, Master BR Sitting Area, Split Bedrooms
  • Bedrooms: 6 or More
  • Total Bedrooms: 6
  • Dining Room: Breakfast Bar, Family Dining, Formal
  • Elevator: Private
  • Equipment: Auto Garage Door, Central Vacuum, Dishwasher, Disposal, Gas Grill, Home Automation, Microwave, Pot Filler, Range, Refrigerator/Freezer, Security System, Wall Oven, Warming Tray, Washer, Wine Cooler
  • Flooring: Carpet, Marble, Tile, Wood
  • Floor Plan: Great Room, Split Bedrooms, 2 Story
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Closet Cabinets, Coffered Ceiling, Custom Mirrors, Fireplace, Foyer, French Doors, Pantry, Volume Ceiling, Walk-In Closet, Wet Bar
  • Kitchen: Built-In Desk, Gas Available, Island, Walk-In Pantry
  • Primary Bathroom: 2 Masters, Dual Sinks, Jetted Tub, Multiple Shower Heads, Separate Tub And Shower
  • Windows: Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Built-Up Or Flat, Tile
  • Construction: Concrete Block
  • Irrigation: Lake/Canal
  • Road: Cul-De-Sac, Paved Road
  • View: Golf Course, Lake
  • Exterior Features: Built In Grill, Built-In Gas Fire Pit, Fence, Outdoor Kitchen, Pond, Sprinkler Auto, Water Display
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Equipment Stays, Heated Gas, Pool Bath
  • Private Spa Type: Equipment Stays, Heated Gas, Pool Bath
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 4

Utilities

  • Cable Available: Yes
  • Cooling: Air Purifier, Central Electric
  • Heat: Central Electric, Zoned
  • Security: Monitored Alarm, Gated, Guard At Gate
  • Sewer: Central
  • Water: Central
  • Gas Description: Natural

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded, No RV
  • Sub Condo Name: ESTUARY AT GREY OAKS
  • HOA Fees: 400
  • HOA Fee Frequency: Annually
  • Maintenance: Security, Street Lights, Trash Removal
  • Master Hoa Fee: 2975
  • Master HOA Fee Frequency: Quarterly
  • Club Fee Mandatory: 14174
  • Club Fee Mandatory Frequency: Annually
  • Development Name: GREY OAKS

Association/Amenities

  • Pets: No Approval Needed
  • Development: Grey Oaks
  • Amenities: Basketball, Bike And Jog Path, Bocce Court, Cabana, Clubhouse, Community Park, Community Pool, Community Room, Dog Park, Exercise Room, Fitness Center Attended, Full Service Spa, Golf Course, Internet Access, Lap Pool, Pickleball, Private Membership, Putting Green, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Golf Course, Tennis

Fee Information

  • Transfer Fees: 750.00
  • One Time Mandatory Club Fee: 100000

Schools

  • Elementary School: Poinciana Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: No
  • Section: 26
  • Total Area: 14093
  • Waterfront: Yes
  • Acres: 0.6800
  • Rear Exposure: East
  • Lot Description: Golf Course
  • Lot Dimensions: 200 X 156 X 200 X 141
  • Parcel Number: 07333000343

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 1
  • Min Days Of Lease: 360

Tax Info

  • Tax Description: City And County, Homestead
  • Taxes: 44683.15
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Feb 14, 2025
Sold by
Morse Fred Grant and Ballachino Samuel Richard
Bought by
Allen Paul H and Allen Sandra C
Seller's Agent
Timothy Savage
Gulf Coast International Prop
Buyer's Agent
Toni Morgan
Downing Frye Realty Inc.
List Price
$9,975,000
Sold Price
$9,300,000
Premium/Discount to List
-$675,000
-6.77%
Views
63
Current Estimated Value
$8,491,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$808,184
Avg. Annual Appreciation
-10.49%

Purchase Details

Listed on
May 26, 2016
Closed on
May 15, 2017
Sold by
Hart Gerard J and Hart Heather A
Bought by
Morse Fred Grant and Ballachino Samuel Richard
Seller's Agent
Tracey Young
Real Estate Specialty Svcs II
Buyer's Agent
Ray Couret
Douglas Elliman Florida,LLC
List Price
$5,395,000
Sold Price
$4,700,000
Premium/Discount to List
-$695,000
-12.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%

Purchase Details

Closed on
Oct 15, 2010
Sold by
Thompson John M and Thompson Karen L
Bought by
Hart Gerard J and Hart Heather A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2007
Sold by
Lbt Partnership
Bought by
Thompson John M and Thompson Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2006
Sold by
Thompson Estuary Llc
Bought by
Lbt Partnership

Purchase Details

Closed on
Jan 24, 2006
Sold by
Lbt Partnership
Bought by
Thompson Estuary Llc

Purchase Details

Closed on
Apr 12, 2001
Sold by
Estuary At Grey Oaks Ltd
Bought by
L B T Ptnr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $9,300,000 None Listed On Document
Warranty Deed $4,700,000 Attorney
Warranty Deed $3,000,000 Florida Title & Guarantee
Warranty Deed -- Old Florida Title
Corporate Deed -- None Available
Corporate Deed -- Banyan Title & Escrow
Warranty Deed $870,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,950,000 New Conventional
Previous Owner $3,000,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2025 02/14/25 Sold $9,300,000 -2.0% $906 / Sq Ft
01/31/2025 01/31/25 Pending -- -- --
01/27/2025 01/27/25 Price Changed $9,490,000 -2.7% $924 / Sq Ft
01/27/2025 01/27/25 Price Changed $9,750,000 -2.3% $950 / Sq Ft
01/22/2025 01/22/25 For Sale $9,975,000 0.0% $971 / Sq Ft
11/21/2024 11/21/24 Pending -- -- --
09/27/2024 09/27/24 Price Changed $9,975,000 -4.5% $971 / Sq Ft
08/07/2024 08/07/24 For Sale $10,450,000 +122.3% $1,018 / Sq Ft
05/15/2017 05/15/17 Sold $4,700,000 -12.9% $349 / Sq Ft View Prior Sale
04/21/2017 04/21/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $5,395,000 0.0% $401 / Sq Ft
04/02/2017 04/02/17 Pending -- -- --
10/06/2016 10/06/16 Price Changed $5,395,000 -3.6% $401 / Sq Ft
05/26/2016 05/26/16 For Sale $5,595,000 -- $416 / Sq Ft
Source: Naples Area Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $45,349 $5,158,475 -- --
2024 $44,683 $5,013,095 -- --
2023 $44,683 $4,867,083 $0 $0
2022 $45,959 $4,725,323 $0 $0
2021 $46,685 $4,587,692 $0 $0
2020 $44,087 $4,380,506 $0 $0
2019 $43,561 $4,282,020 $0 $0
2018 $48,346 $4,719,266 $943,653 $3,775,613
2017 $46,862 $4,548,127 $872,285 $3,675,842
2016 $47,347 $4,576,342 $0 $0
2015 $50,013 $4,702,014 $0 $0
2014 $50,253 $4,643,377 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224064760

Naples Area Board of REALTORS®

APN: 07333000343