$13,000,000
SOLD JUN 17, 2025
4 Beds
6.5 Baths
7,454 Sq Ft
0.59 Acres

Recently Sold

$1,744 Per Sq Ft

35% Below List Price

159 Days on Market

Highlights

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

About This Home

As of June 2025

Indulge in luxurious waterfront living at this exceptional estate on the serene Cutlass Cove. With stunning wide water views, this property features a 60-foot permanent dock, ideal for boating enthusiasts and provides quick access to the gulf through nearby Gordon Pass. Car lovers will appreciate the expansive garage, offering space for six-plus vehicles and a dedicated workshop. Designed for durability, the home sits at a high elevation. The saltwater pool and spa were recently retiled and upgraded with new equipment in 2023. Set on a spacious, beautifully landscaped lot with enhanced lighting, this property creates a peaceful retreat day and night. It also includes a deeded membership to the Cutlass Cove Beach Club, granting access to a private gulf beach just moments away at 3990 Gordon Drive. The upper level offers a quiet sitting room and guest suites, ensuring comfort and privacy for visitors. This is a rare chance to own a premier estate in Cutlass Cove, combining luxury, convenience and the ultimate waterfront lifestyle. Property offers eligibility for Full Port Royal membership.

Last Agent to Sell the Property

Jeff Little

Premier Sotheby's Int'l Realty Listed on: 12/13/2024

Premier Sotheby's Int'l Realty

Co-Listed By

Ruth Trettis

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Jeff Little

Premier Sotheby's Int'l Realty Listed on: 12/13/2024

Premier Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $80,377

Year Built

  • Built in 2012

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions: 174
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Cul-De-Sac
  • Northeast Facing Home
  • Sprinkler System

Parking

  • 5 Car Attached Garage
  • Automatic Garage Door Opener
  • Parking Garage Space

Property Views

  • Bay
  • Canal

Home Design

  • Elevated Home
  • Flat Roof Shape
  • Concrete Block With Brick
  • Poured Concrete
  • Piling Construction
  • Stucco
  • Tile

Interior Spaces

  • 7,454 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Fireplace
  • Electric Shutters
  • Double Hung Windows
  • Floor-to-Ceiling Windows
  • Arched Windows
  • Transom Windows
  • Picture Window
  • Entrance Foyer
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Workshop
  • Sun or Florida Room
  • Storage

Kitchen

  • Double Oven
  • Range
  • Microwave
  • Walk-In Cooler
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Pot Filler
  • Whole House Reverse Osmosis System
  • Reverse Osmosis System

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

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

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Saltwater Pool
  • Outdoor Shower
  • Pool Bathroom
  • Pool Equipment Stays

Outdoor Features

  • No Fixed Bridges
  • Private Dock
  • Balcony
  • Courtyard
  • Patio
  • Water Fountains
  • Lanai

Schools

  • Lake Park Elementary School
  • Gulfview Middle School
  • Naples High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Power Generator
  • Propane
  • Water Treatment System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 16910120006

Community Details

Overview

  • Voluntary home owners association
  • Port Royal Community

Recreation

  • Boating
  • Gulf Boat Access
  • Community Beach Access
  • Private Beach Pavilion
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$80,377

Year Built

Built in 2012

Lot Details

0

Parking

5

Listing Details

  • Legal Description: CUTLASS COVE SECT REPLAT PORT ROYAL LOT 42
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.096487$-81.800101$35.76$13.33$1.00$--hxB8S6u3R1oHOG6fAcBw
  • Building Design: Single Family
  • Building Description: Multi-Story Home
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows, Electric Shutters
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 1744.03
  • Total Floors: 3
  • Additional Rooms: Balcony, Den/Study, Florida Room, Home Office, Laundry in Residence, Open Porch/Lanai, Workshop
  • Estimated Living Area: 7454
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Bedroom Description: Master BR Sitting Area, Split Bedrooms
  • Bedrooms: 4+Den
  • Total Bedrooms: 4
  • Dining Room: Breakfast Room, Formal
  • Elevator: Private
  • Equipment: Auto Garage Door, Central Vacuum, Dishwasher, Double Oven, Dryer, Generator, Stand-Alone Ice Maker, Microwave, Pot Filler, Range, Refrigerator/Icemaker, Reverse Osmosis, Safe, Security System, Walk-In Cooler, Washer, Water Treatment Owned, Wine Cooler
  • Flooring: Carpet, Marble, Wood
  • Floor Plan: 2 Story
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Fireplace, Foyer, Laundry Tub, Pantry, Smoke Detectors, Volume Ceiling, Walk-In Closet, Wet Bar, Window Coverings
  • Kitchen: Island, Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Arched, Double Hung, Picture, Transom

Exterior Features

  • Gulf Access: Yes
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Built-Up Or Flat, Tile
  • Canal Width: 200+
  • Construction: Concrete Block, Elevated, Piling, Poured Concrete
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Boat Access: Boat Dock Private
  • Irrigation: Central
  • Road: Cul-De-Sac, Public Road
  • View: Bay, Canal
  • Exterior Features: Courtyard, Other, Outdoor Shower, Patio, Sprinkler Auto, Storage, Water Display
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Equipment Stays, Heated Gas, Pool Bath, Salt Water System
  • Private Spa Type: Heated Gas, Pool Bath
  • Waterfront Type: Bay, Canal

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 5
  • Parking: Driveway Paved, Paved Parking, Under Bldg Closed

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric, Zoned
  • Heat: Central Electric, Zoned
  • Security: Monitored Alarm
  • Sewer: Central
  • Water: Central, Reverse Osmosis - Entire House
  • Gas Description: Propane

Condo/Co-op/Association

  • Mandatory HOA: No
  • Sub Condo Name: PORT ROYAL
  • HOA Description: Voluntary
  • Development Name: PORT ROYAL

Association/Amenities

  • Pets: No Approval Needed
  • Development: Port Royal
  • Amenities: Beach Access, Community Park, Private Beach Pavilion
  • Community Type: Boating, Non-Gated
  • Units In Building: 1

Schools

  • Elementary School: Lake Park Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: No
  • Section: 21
  • Total Area: 14250
  • Waterfront: Yes
  • Acres: 0.5900
  • Rear Exposure: Northeast
  • Lot Description: Irregular Shape, Oversize
  • Lot Dimensions: 174 X 245 X 97 X 252
  • Parcel Number: 16910120006

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 12
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County, Homestead
  • Taxes: 80376.72
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2009
Sold by
Engelsted Knud Eric and Knights Ellen E
Bought by
Maier Russell W and Maier Kathleen A
Current Estimated Value
$9,240,438

Purchase Details

Closed on
Sep 17, 2008
Sold by
Engelsted Knud Eric and Knights Ellen E
Bought by
Engelsted Knud Eric and Knights Ellen E

Purchase Details

Closed on
Jun 8, 2004
Sold by
Engelsted Elsa A
Bought by
Engelsted Elsa A and Engelsted Knud Eric

Purchase Details

Closed on
Jul 27, 1993
Sold by
Engelsted John N
Bought by
Merrill Lynch Credit Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.34%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Deed $2,650,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $750,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2025 06/17/25 Sold $13,000,000 -18.2% $1,744 / Sq Ft
05/21/2025 05/21/25 Pending -- -- --
04/11/2025 04/11/25 Price Changed $15,900,000 -11.2% $2,133 / Sq Ft
02/28/2025 02/28/25 Price Changed $17,900,000 -10.1% $2,401 / Sq Ft
12/13/2024 12/13/24 For Sale $19,900,000 -- $2,670 / 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 $79,291 $8,989,946 -- --
2024 $78,136 $8,736,585 -- --
2023 $78,136 $8,482,121 $0 $0
2022 $80,377 $8,235,069 $0 $0
2021 $81,651 $7,995,213 $0 $0
2020 $79,661 $7,884,825 $0 $0
2019 $78,718 $7,707,551 $0 $0
2018 $77,100 $7,563,838 $0 $0
2017 $75,944 $7,408,264 $0 $0
2016 $74,684 $7,255,890 $0 $0
2015 $76,247 $7,205,452 $0 $0
2014 $76,542 $7,098,266 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224101067

Naples Area Board of REALTORS®

APN: 16910120006