NOT LISTED FOR SALE

Estimated Value: $7,958,000 - $11,349,034

5 Beds
6.5 Baths
5,624 Sq Ft
$1,678/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $11,800,000 $2,098 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $56,334/month

5 Days on Market

Highlights

  • Private Dock
  • Boating
  • Property Fronts a Bay or Harbor
  • Lake Park Elementary School Rated A
  • Boat Lift
  • Heated In Ground Pool

About This Home

As of December 2023

Boater’s paradise meets luxury retreat in Aqualane Shores. Remodeled in 2022 with open water views over Naples Bay and ideal southern exposure. This Old Florida style home boasts 210’ on water. There is a 40’ floating dock, a 90’ stationary Trex dock, and Tiki bar. This luxury home offers 5 bedrooms with ensuite baths, office, large utility room with “mom’s” office, huge pantry, multiple storage areas, 2 car garage with lift for 3rd vehicle, and airconditioned storage area. The kitchen is open to the family room and is equipped with Viking range, Sub-Zero fridge, built in Meile coffee maker, and brand new cabinets. Quality exudes from the rich 5” reclaimed heart pine floors, solid custom Brazilian wood doors, two fireplaces, and updated Sonos and A/V system. Lounge on the oversized lanai with roll down screens and enjoy views of Naples Bay. This property is in walking distance to 3rd Street shops, restaurants, and the beach. Impeccably finished with custom high-end furnishings that complete this oasis and are negotiable. This is waterfront living at its best in Naples.

Last Agent to Sell the Property

Frank Sajtar

William Raveis Real Estate License #NAPLES-249520457 Listed on: 10/20/2023

William Raveis Real Estate

Last Buyer's Agent

Karen Van Arsdale

Premier Sotheby's Int'l Realty License #NAPLES-249500877

Premier Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,462

Year Built

  • Built in 1999

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions: 55
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Cul-De-Sac
  • West Facing Home
  • Sprinkler System

Parking

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

Property Views

  • Bay
  • Canal
  • Mangrove

Home Design

  • Concrete Block With Brick
  • Wood Frame Construction
  • Wood Siding
  • Tile

Interior Spaces

  • 5,624 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Casement Windows
  • French Doors
  • Family Room
  • Formal Dining Room
  • Home Office
  • Loft
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Laundry Tub

Home Security

  • Monitored
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Fixed Bridges
  • Boat Lift
  • Private Dock
  • Dock has access to electricity and water
  • Dock made with concrete
  • Tiki or Chickee Hut

Utilities

  • Zoned Cooling
  • Cooling System Powered By Gas
  • Power Generator
  • Propane
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01982680000
  • Tax Block 14

Community Details

Overview

  • Aqualane Shores Community

Recreation

  • Boating
  • Gulf Boat Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,462

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Legal Description: AQUALANE SHORES UNIT 6 BLK 14 LOT 10
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.123445$-81.793819$199.67$13.33$1.00$JFDLGq7DcFKA8LSXaiUngg
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows, Shutters - Screens/Fabric
  • Year Built: 1999
  • Property Information: Boater’s paradise meets luxury retreat in Aqualane Shores. Remodeled in 2022 with open water views over Naples Bay and ideal southern exposure. This Old Florida style home boasts 210’ on water. There is a 40’ floating dock, a 90’ stationary Trex dock, and Tiki bar. This luxury home offers 5 bedrooms with ensuite baths, office, large utility room with “mom’s” office, huge pantry, multiple storage areas, 2 car garage with lift for 3rd vehicle, and airconditioned storage area. The kitchen is open to the family room and is equipped with Viking range, Sub-Zero fridge, built in Meile coffee maker, and brand new cabinets. Quality exudes from the rich 5” reclaimed heart pine floors, solid custom Brazilian wood doors, two fireplaces, and updated Sonos and A/V system. Lounge on the oversized lanai with roll down screens and enjoy views of Naples Bay. This property is in walking distance to 3rd Street shops, restaurants, and the beach. Impeccably finished with custom high-end furnishings that complete this oasis and are negotiable. This is waterfront living at its best in Naples.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 2098.15
  • Total Floors: 2
  • Additional Rooms: Den/Study, Family Room, Home Office, Laundry in Residence, Loft, Screened Lanai/Porch
  • Estimated Living Area: 5624
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 5+Den
  • Total Bedrooms: 5
  • Dining Room: Breakfast Bar, Eat-in Kitchen, Formal
  • Equipment: Auto Garage Door, Cooktop - Gas, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Generator, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Washer/Dryer Hookup, Wine Cooler
  • Flooring: Carpet, Marble, Tile, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Fireplace, Foyer, French Doors, Laundry Tub, Pantry, Smoke Detectors, Volume Ceiling, Walk-In Closet, Window Coverings
  • Kitchen: Gas Available, Island, Pantry, Walk-In Pantry
  • Primary Bathroom: Separate Tub And Shower
  • Windows: Casement, Impact Resistant

Exterior Features

  • Gulf Access: Yes
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Canal Width: 81-120
  • Construction: Concrete Block, Wood Frame
  • Gulf Access Type: Bridge(s)/Water Indirect
  • Boat Access: Boat Dock Private, Boat Lift, COMDOC, Concrete Dock, Dock Included, Electricity Available at Dock, Tiki Hut, Water Avail at Dock
  • Irrigation: Central
  • Road: Cul-De-Sac
  • View: Bay, Canal, Landscaped Area, Mangroves, Water
  • Exterior Features: Sprinkler Auto
  • Exterior Finish: Wood Siding
  • Guest House: Screened Porch
  • Private Pool Type: Below Ground, Heated Gas
  • Private Spa Type: Below Ground, Heated Gas
  • Waterfront Type: Bay, Canal

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Gas - Propane, Zoned
  • Heat: Zoned
  • Security: Monitored Alarm
  • Sewer: Central
  • Water: Assessment Unpaid, Central
  • Gas Description: Propane

Condo/Co-op/Association

  • Mandatory HOA: No
  • Restrictions: Deeded
  • Sub Condo Name: AQUALANE SHORES
  • Development Name: AQUALANE SHORES

Association/Amenities

  • Pets: With Approval
  • Development: Aqualane Shores
  • Community Type: Boating
  • Units In Building: 1
  • Total Number of Units: 1

Lot Info

  • Builder Product: No
  • Lot Back: 205
  • Lot Frontage: 55
  • Lot Left: 130
  • Lot Right: 195
  • Lot Unit: 10
  • Section: 10
  • Total Area: 6128
  • Waterfront: Yes
  • Acres: 0.4900
  • Rear Exposure: West
  • Lot Description: Regular
  • Lot Dimensions: 55 X 130 X 205 X 195
  • Parcel Number: 01982680000

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: City And County
  • Taxes: 65461.70
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Dec 29, 2023
Sold by
Cooper Thomas R and Cooper Nancy A
Bought by
John P Massarelli Revocable Trust and Margaret R Massarelli Revocable Trust
Seller's Agent
Frank Sajtar
William Raveis Real Estate
Buyer's Agent
Karen Van Arsdale
Premier Sotheby's Int'l Realty
List Price
$11,900,000
Sold Price
$11,800,000
Premium/Discount to List
-$100,000
-0.84%
Views
44
Current Estimated Value
$9,438,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,361,322
Avg. Annual Appreciation
-12.38%

Purchase Details

Closed on
Dec 10, 2021
Sold by
Duff Robert C
Bought by
Cooper Thomas R and Cooper Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,850,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2013
Closed on
Apr 19, 2013
Sold by
Yeager John C and Yeager Jill T
Bought by
Duff Robert C
Seller's Agent
Rex Miller
William Raveis Real Estate
Buyer's Agent
Chad Yeager
Premiere Plus Realty Company
List Price
$3,492,000
Sold Price
$3,492,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%

Purchase Details

Closed on
Jan 17, 1997
Sold by
Merkel Edward F
Bought by
Yeager John C and Yeager Jill T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,000
Interest Rate
7.56%
Mortgage Type
Purchase Money Mortgage
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
John P Massarelli Revocable Trust $11,800,000 None Listed On Document
Cooper Thomas R $9,000,000 Accommodation
Duff Robert C $3,492,000 Attorney
Yeager John C $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cooper Thomas R $5,850,000
Previous Owner Yeager John C $750,000
Previous Owner Yeager John C $965,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $11,800,000 -0.8% $2,098 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $11,900,000 +240.8% $2,116 / Sq Ft
04/19/2013 04/19/13 Sold $3,492,000 0.0% $630 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
02/28/2013 02/28/13 For Sale $3,492,000 -- $630 / 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
2024 $63,639 $8,920,317 $7,267,600 $1,652,717
2023 $63,639 $6,915,529 $0 $0
2022 $65,462 $6,714,106 $5,532,461 $1,181,645
2021 $36,744 $3,537,848 $0 $0
2020 $35,863 $3,489,002 $0 $0
2019 $34,617 $3,410,559 $0 $0
2018 $30,663 $3,030,823 $0 $0
2017 $32,999 $3,240,240 $0 $0
2016 $32,448 $3,173,595 $0 $0
2015 $33,127 $3,151,534 $0 $0
2014 $33,593 $3,076,522 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223074767

Naples Area Board of REALTORS®

APN: 01982680000