NOT LISTED FOR SALE

Estimated Value: $2,181,000 - $4,428,000

4 Beds
4.5 Baths
3,290 Sq Ft
$2,198/mo HOA Fee

Last Sold May 14, 2024

Last sale price $4,185,000 $1,272 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $21,777/month

21 Days on Market

Highlights

  • Fishing Pier
  • Property Fronts a Bay or Harbor
  • Mangrove Front
  • Veterans Memorial Elementary School Rated A
  • Fitness Center
  • 24-Hour Guard

About This Home

As of May 2024

Be a part of phenomenal resort living in our magnificent fourth tower. Situated along the beautiful waters of Turkey Bay and the Gulf of Mexico. Take in breathtaking sunsets with the South Western exposure of Tower 400. This 4 bed plus 4.5 bath unit provides for gracious open living and the finest materials with a modern floor plan. Kitchens are outfitted with the highest level of finishes. Wolf & Subzero appliances are STANDARD. Expansive open lanais with glass railings invite you to enjoy unobstructed panoramic views. The owners bedroom suite is an oasis of comfort and luxury with incredible views out of the full wall of windows. Dual vanities with large walk-in closet. Rooftop pool and sky deck. The Club Amenity Center includes 3 pools; including an adult only pool, 2 outdoor bars, tennis and pickleball. Coming this summer Kalea Bay’s new 14000 sqft Wellness Center. Kalea Bay embodies the true resort lifestyle experience.

Last Agent to Sell the Property

Inga Lodge

Luxe Naples Real Estate Listed on: 04/16/2024

Co-Listed By

Lori Pheasant

Luxe Naples Real Estate

Last Buyer's Agent

Lynne Hancock

John R Wood Properties

John R Wood Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $813

Year Built

  • Built in 2024

Lot Details

  • Property Fronts a Bay or Harbor
  • Property fronts a private road
  • Southwest Facing Home
  • Gated Home
  • Fruit Trees

HOA Fees

Parking

  • 2 Car Attached Garage
  • Common or Shared Parking
  • Guest Parking
  • Parking Garage Space
  • Deeded Parking
  • Secure Parking

Property Views

  • Woods
  • Mangrove

Home Design

  • Contemporary Architecture
  • Entry on the 7th floor
  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 3,290 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Solar Tinted Windows
  • Great Room
  • Combination Dining and Living Room
  • Den

Kitchen

  • Walk-In Pantry
  • Built-In Self-Cleaning Double Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Mangrove Front
  • Pond
  • Waterfront Basin
  • Balcony
  • Water Fountains
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • $50,000 Secondary HOA Transfer Fee
  • 120 Units
  • High-Rise Condominium
  • Kalea Bay Tower 400 Condos
  • Kalea Bay Community

Amenities

  • Restaurant
  • Beauty Salon
  • Sauna
  • Trash Chute
  • Clubhouse
  • Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Fishing Pier
  • Beach Club Membership Available
  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Community Playground
  • Fitness Center
  • Exercise Course
  • Dog Park

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Guard
  • Card or Code Access
  • Phone Entry
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$813

Year Built

Built in 2024

Lot Details

0

HOA Fees

$2,198 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.29624243671228$-81.81861935434921$261.88$13.33$1.00$FTD4sLBHp2nAqr7v6g_nWg
  • Building Design: High Rise (8+)
  • Building Description: Contemporary
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2024
  • Directions: Sales Center is located off Vanderbilt Drive, just north of Wiggins Pass Road.
  • Property Information: Be a part of phenomenal resort living in our magnificent fourth tower. Situated along the beautiful waters of Turkey Bay and the Gulf of Mexico. Take in breathtaking sunsets with the South Western exposure of Tower 400. This 4 bed plus 4.5 bath unit provides for gracious open living and the finest materials with a modern floor plan. Kitchens are outfitted with the highest level of finishes. Wolf & Subzero appliances are STANDARD. Expansive open lanais with glass railings invite you to enjoy unobstructed panoramic views. The owners bedroom suite is an oasis of comfort and luxury with incredible views out of the full wall of windows. Dual vanities with large walk-in closet. Rooftop pool and sky deck. The Club Amenity Center includes 3 pools; including an adult only pool, 2 outdoor bars, tennis and pickleball. Coming this summer Kalea Bay’s new 14000 sqft Wellness Center. Kalea Bay embodies the true resort lifestyle experience.
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 7
  • Price Per Sq Ft: 1272.04
  • Total Floors: 1
  • Room Count: 6
  • Additional Rooms: Balcony, Den/Study, Great Room, Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 3290
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 4 Bed
  • Total Bedrooms: 4
  • Dining Room: Living Dining
  • Elevator: Private
  • Equipment: Cooktop - Gas, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Tankless Water Heater, Wall Oven, Washer
  • Flooring: Tile, Wood
  • Floor Plan: Great Room, Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Fire Sprinkler, Foyer, Internet Available, Laundry Tub, Pantry, Smoke Detectors, Walk-In Closet
  • Kitchen: Gas Available, Island, Walk-In Pantry
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads, Separate Tub And Shower
  • Windows: Impact Resistant, Solar Tinted, Thermal

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block
  • Irrigation: Assessment Paid
  • Road: Paved Road, Private Road
  • View: Basin, Bay, Gulf, Gulf and Bay, Landscaped Area, Mangroves, Pool/Club, Preserve, Water, Water Feature, Wooded Area
  • Exterior Features: Fruit Trees, Pond, Private Road, Water Display
  • Exterior Finish: Stucco
  • Waterfront Type: Basin, Bay, Mangrove

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Common, Covered, Deeded, Guest, Under Bldg Closed

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric, Zoned
  • Heat: Central Electric, Zoned
  • Security: Entry Keypad, Entry Phone, Secured Garage, Gated, Guard At Gate, Lobby, Patrolled
  • Sewer: Central
  • Water: Central
  • Gas Description: Natural

Condo/Co-op/Association

  • Management Company Phone: 2397930110
  • Approval: Application Fee
  • Management: On-Site
  • Mandatory HOA: Yes
  • Restrictions: No Commercial, No RV
  • Sub Condo Name: KALEA BAY TOWER 400
  • Condo Fees: 4516.66
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Recreational Facilities, Reserve, Security, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Master Hoa Fee: 263.85
  • Master HOA Fee Frequency: Quarterly
  • Club Fee Mandatory: 7250
  • Club Fee Mandatory Frequency: Annually
  • Development Name: KALEA BAY

Association/Amenities

  • Pets: No Approval Needed
  • Development: Kalea Bay
  • Amenities: Beach Club Available, Beauty Salon, Bike Storage, Bocce Court, Clubhouse, Community Pool, Community Room, Dog Park, Electric Vehicle Charging, Exercise Room, Extra Storage, Fishing Pier, Fitness Center Attended, Guest Room, Internet Access, Pickleball, Play Area, Restaurant, Sauna, Sidewalk, Streetlight, Tennis Court, Trash Chute, Underground Utility
  • Community Type: Gated, Tennis
  • Units In Building: 120
  • Total Number of Units: 600

Fee Information

  • Transfer Fees: 50000.00
  • Application Fee: 150.00

Lot Info

  • Builder Product: Yes
  • Total Area: 3983
  • Waterfront: Yes
  • Rear Exposure: Southwest
  • Lot Description: Across From Waterfront

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 4
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
May 14, 2024
Sold by
Bingaman Christopher and Bingaman Sarah
Bought by
Vasys Arunas and Recktenwald-Vasys Patricia
Seller's Agent
Inga Lodge
Luxe Naples Real Estate
Buyer's Agent
Lynne Hancock
John R Wood Properties
List Price
$4,295,000
Sold Price
$4,185,000
Premium/Discount to List
-$110,000
-2.56%
Current Estimated Value
$3,694,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$490,364
Avg. Annual Appreciation
-8.76%

Purchase Details

Listed on
Apr 16, 2024
Closed on
Apr 16, 2024
Sold by
Lodge/Abbott Associates Llc
Bought by
Bingaman Christopher and Bingaman Sarah
Seller's Agent
Inga Lodge
Luxe Naples Real Estate
Buyer's Agent
Lynne Hancock
John R Wood Properties
List Price
$4,295,000
Sold Price
$4,185,000
Premium/Discount to List
-$110,000
-2.56%
Source: Public Records

Range of Values:

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List Price
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 Buyer Sale Price Title Company
Vasys Arunas $4,185,000 None Listed On Document
Vasys Arunas $4,185,000 None Listed On Document
Bingaman Christopher $2,535,000 Old Republic National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $4,185,000 -2.6% $1,272 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $4,295,000 -- $1,305 / 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 $813 $2,088,300 -- --
2024 -- $85,000 $85,000 --
2023 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224041105

Naples Area Board of REALTORS®

APN: 76960008545