$11,250,000
SOLD FEB 3, 2025
6 Beds
6.5 Baths
6,940 Sq Ft
0.78 Acres

Recently Sold

$1,621 Per Sq Ft

6% Below List Price

123 Days on Market

Highlights

  • Community Beach Access
  • Lake Front
  • 24-Hour Guard
  • Lake Park Elementary School Rated A
  • Boating
  • Concrete Pool

About This Home

As of February 2025

This Port Royal southern classic coastal retreat is a masterstroke collaboration by architects David Humphrey, Jon
Kukk, Matt Joyner, and constructed by Frontier Custom Homes. In an ideal position walking distance to the
Port Royal Club and the 3rd Street South entertainment district, this furnished home also
offers a 2 bed, 2 bath guesthouse. Situated on a generous lot and a half, the distinguished estate features an
expansive wraparound porch and an astounding 3,000 square feet of covered outdoor lanais for relaxation and
entertaining. With one-of-a-kind reclaimed century-old Chicago brick underfoot, the space opens to serene views
of Lantern Lake’s glistening waters, framed by gently swaying palms transforming the backyard into an oasis.
Attentively maintained with thorough upgrades, the gourmet kitchen features one-inch-thick cabinetry by Ruffino,
appliances by Wolf, Sub-Zero, and Viking, two wine refrigerators and bar. The primary suites have been
modernized exquisitely. Custom onsite millwork, solid American cherry wood flooring and front door highlight the
refinement of this elegant residence. A newer pool with striking shell stone decking sets off the stunning backyard
area. This remarkable property offers a new 32kw generator. Club membership eligible.

Last Agent to Sell the Property

Taylor Canada

Gulf Coast International Prop License #NAPLES-249522323 Listed on: 09/24/2024

Last Buyer's Agent

Michael Stevens

Premiere Plus Realty Company License #BEAR-3558766

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $77,960

Year Built

  • Built in 1998

Lot Details

  • 0.78 Acre Lot
  • Lot Dimensions: 253
  • Lake Front
  • East Facing Home
  • Sprinkler System
  • Fruit Trees

Parking

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

Home Design

  • Elevated Home
  • Flat Roof Shape
  • Concrete Block With Brick
  • Poured Concrete
  • Wood Frame Construction
  • Tile

Interior Spaces

  • 6,940 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Ceiling Fan
  • Fireplace
  • Electric Shutters
  • Single Hung Windows
  • Bay Window
  • Casement Windows
  • French Doors
  • Family Room
  • Living Room
  • Home Office
  • Loft
  • Screened Porch
  • Lake Views

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • High Impact Windows
  • High Impact Door

Pool

  • Concrete Pool
  • In Ground Pool
  • In Ground Spa
  • Outdoor Shower
  • Pool Equipment Stays

Outdoor Features

  • Screened Balcony
  • Deck
  • Lanai
  • Attached Grill

Additional Homes

  • 1,160 SF Accessory Dwelling Unit

Schools

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

Utilities

  • Central Heating and Cooling System
  • Power Generator
  • Propane
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 17260280006

Community Details

Overview

  • Voluntary home owners association
  • Private Membership Available
  • Port Royal Community

Recreation

  • Boating
  • Community Beach Access
  • Beach Club Membership Available
  • Tennis Courts
  • Bike Trail

Security

  • 24-Hour Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$77,960

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Legal Description: LANTERN LAKE SECT PORT ROYAL N1/2 OF LOT 10, ALL OF LOT 11
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.118708$-81.801677$33.27$13.33$1.00$Oey2ZG9XTq82fRR0ySP-xA
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows, Electric Shutters, Shutters - Manual
  • Year Built: 1998
  • Property Information: This Port Royal southern classic coastal retreat is a masterstroke collaboration by architects David Humphrey, Jon Kukk, Matt Joyner, and constructed by Frontier Custom Homes. In an ideal position walking distance to the Port Royal Club and the 3rd Street South entertainment district, this furnished home also offers a 2 bed, 2 bath guesthouse. Situated on a generous lot and a half, the distinguished estate features an expansive wraparound porch and an astounding 3,000 square feet of covered outdoor lanais for relaxation and entertaining. With one-of-a-kind reclaimed century-old Chicago brick underfoot, the space opens to serene views of Lantern Lake’s glistening waters, framed by gently swaying palms transforming the backyard into an oasis. Attentively maintained with thorough upgrades, the gourmet kitchen features one-inch-thick cabinetry by Ruffino, appliances by Wolf, Sub-Zero, and Viking, two wine refrigerators and bar. The primary suites have been modernized exquisitely. Custom onsite millwork, solid American cherry wood flooring and front door highlight the refinement of this elegant residence. A newer pool with striking shell stone decking sets off the stunning backyard area. This remarkable property offers a new 32kw generator. Club membership eligible.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 1621.04
  • Total Floors: 2
  • Additional Rooms: Den/Study, Family Room, Guest Room, Home Office, Laundry in Residence, Loft, Open Porch/Lanai, Screened Balcony, Screened Lanai/Porch
  • Estimated Living Area: 6940
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Bedroom Description: Master BR Ground, Two Master Suites
  • Bedrooms: 6 or More
  • Total Bedrooms: 6
  • Dining Room: Breakfast Bar
  • Elevator: Private
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Generator, Stand-Alone Ice Maker, Microwave, Range, Refrigerator, Wall Oven, Washer, Wine Cooler
  • Flooring: Carpet, Tile, Wood
  • Floor Plan: 2 Story
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Fireplace, Foyer, French Doors, Wet Bar
  • Kitchen: Island
  • Primary Bathroom: 2 Masters, Separate Tub And Shower
  • Windows: Bay, Casement, Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Built-Up Or Flat, Tile
  • Construction: Concrete Block, Elevated, Poured Concrete, Wood Frame
  • Irrigation: Central
  • View: Lake
  • Exterior Features: Built In Grill, Deck, Decorative Shutters, Fruit Trees, Outdoor Shower, Sprinkler Auto
  • Exterior Finish: Other
  • Guest House: 2+ Baths, 2+ Bedrooms, Kitchen, Living Room
  • Guest House Sq Ft: 1160
  • Private Pool Type: Below Ground, Concrete, Custom Upgrades, Equipment Stays
  • Private Spa Type: Below Ground, Concrete, Equipment Stays
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Monitored Alarm, Patrolled
  • Sewer: Central
  • Water: Central
  • Gas Description: Propane

Condo/Co-op/Association

  • Management Company Phone: 239-261-6472
  • Approval: Buyer
  • Mandatory HOA: No
  • Restrictions: Architectural, Deeded
  • Sub Condo Name: PORT ROYAL
  • HOA Description: Voluntary
  • Development Name: PORT ROYAL

Association/Amenities

  • Pets: No Approval Needed
  • Development: Port Royal
  • Amenities: Beach Access, Beach Club Available, Bike And Jog Path, Private Membership
  • Community Type: Boating, Non-Gated, Tennis

Schools

  • Elementary School: LAKE PARK ELEMENTARY
  • Middle School: GULFVIEW MIDDLE SCHOOL
  • High School: NAPLES HIGH SCHOOL
  • Elementary School: Lake Park Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: No
  • Lot Back: 104
  • Lot Frontage: 253
  • Lot Left: 209
  • Lot Right: 190
  • Lot Unit: 10
  • Section: 16
  • Total Area: 10956
  • Waterfront: Yes
  • Acres: 0.7800
  • Rear Exposure: East
  • Lot Description: Irregular Shape, Oversize
  • Lot Dimensions: 253 X 209 X 104 X 190
  • Parcel Number: 17260280006

Rental Info

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

Tax Info

  • Tax Description: City And County
  • Taxes: 77959.60
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
May 15, 2024
Sold by
Emm Investment Trust and Mcgrath Edward J
Bought by
2325 Lantern Llc
Seller's Agent
Shaun Dalton
Gulf Coast International Prop
Buyer's Agent
Taylor Canada
Gulf Coast International Prop
List Price
$11,900,000
Sold Price
$11,500,000
Premium/Discount to List
-$400,000
-3.36%
Views
483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.17%

Purchase Details

Closed on
Jul 1, 2010
Sold by
Kwedar Stephen A
Bought by
Mcgrath Edward J and Mcgrath Michele G

Purchase Details

Closed on
Apr 16, 2010
Sold by
Kwedar Stephen A
Bought by
Berger Jane P

Purchase Details

Closed on
Aug 9, 2000
Sold by
Briggs Mary Jane and Briggs John N
Bought by
Kwedar Stephen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
8.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1996
Sold by
Murphy Patricia R and Murphy William G
Bought by
Briggs Mary Jane
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
Warranty Deed $11,500,000 None Listed On Document
Warranty Deed $4,100,000 Attorney
Quit Claim Deed -- Attorney
Warranty Deed $4,400,000 --
Warranty Deed $549,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Price Changed $90,000 +5.9% $13 / Sq Ft
04/11/2025 04/11/25 For Rent $85,000 0.0% --
02/03/2025 02/03/25 Sold $11,250,000 -6.2% $1,621 / Sq Ft
01/25/2025 01/25/25 Pending -- -- --
09/24/2024 09/24/24 For Sale $11,995,000 +4.3% $1,728 / Sq Ft
05/15/2024 05/15/24 Sold $11,500,000 -3.4% $1,657 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $11,900,000 -- $1,715 / 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
2023 $77,960 $7,796,271 $0 $0
2022 $78,974 $7,087,519 $0 $0
2021 $71,631 $6,443,199 $0 $0
2020 $62,012 $5,857,454 $0 $0
2019 $61,129 $5,324,958 $0 $0
2018 $52,134 $4,840,871 $0 $0
2017 $45,346 $4,401,040 $3,315,013 $1,086,027
2016 $47,920 $4,347,187 $0 $0
2015 $44,042 $3,951,988 $0 $0
2014 $39,880 $3,592,716 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 225003900

Naples Area Board of REALTORS®

APN: 17260280006