NOT LISTED FOR SALE

Estimated Value: $8,828,000 - $14,838,778

5 Beds
7 Baths
9,439 Sq Ft
$1,179/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $8,343,750 $884 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $64,232/month

702 Days on Market

About This Home

As of December 2016

Newly built, this magnificent custom Port Royal estate offers the ultimate in waterfront living surrounded by gracious style and craftsmanship. This classically designed 5-bedroom home is perfectly situated with a western exposure overlooking Smuggler's Bay. From the reception entry throughout the main living areas, walls of glass and French doors inspire a seamless transition to the outdoors living area that offers an elegant open terrace, spectacular infinity-edge saline pool, spa, and covered lanai with outdoor kitchen and fireplace. The sprawling interiors make entertaining a pleasure with an open gourmet kitchen featuring Wolf, Sub-Zero and Miele appliances, a formal dining room, and climate controlled wine storage area. A 1st floor master suite with Virginia vintage hardwood floors, his-and-hers walk-in closets, and a impressive master bath offers a private retreat while the second level highlighted with architectural millwork, creates an exclusive haven for visitors and family including 4 luxurious guest ensuites, spacious loft area, wet bar, and waterfront balcony. Direct access to the Gulf of Mexico completes this one-of-a-kind residence.

Last Agent to Sell the Property

Karen Van Arsdale

Premier Sotheby's Int'l Realty Listed on: 01/14/2015

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Roy Weekly

Weekly Realty Group, LLC

Home Details

Home Type

  • Single Family

Year Built

  • 2014

Lot Details

  • 0.46

Parking

  • Deeded Parking

Interior Spaces

  • 9,439 Sq Ft Home
  • 2-Story Property

Home Details

Home Type

Single Family

Year Built

2014

Lot Details

0

Listing Details

  • Legal Description: GIN LANE SECT PORT ROYAL LOT 40
  • Street View Param: 1$26.108961$-81.79534899999999$286.19$13.33$1.00$Ts9a9OXpx3hRZhj8cj9rOg
  • Building Design: Single Family
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2014

Interior Features

  • Additional Rooms: Balcony, Family Room, Home Office, Laundry in Residence, Loft, Open Porch/Lanai
  • Bedrooms and Dens: 5+Den
  • Dining Room: Breakfast Bar, Breakfast Room, Formal
  • Elevator: Private
  • Equipment: Auto Garage Door, Central Vacuum, Dishwasher, Disposal, Double Oven, Home Automation, Stand-Alone Ice Maker, Instant Hot Faucet, Microwave, Range, Refrigerator, Security System, Self Cleaning Oven, Smoke Detector, Warming Tray, Washer, Wine Cooler
  • Floor Plan: Great Room, Split Bedrooms
  • Flooring: Marble, Wood
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Closet Cabinets, Custom Mirrors, Fire Sprinkler, Fireplace, Foyer, French Doors, Laundry Tub, Multiple Phone Lines, Smoke Detectors, Tray Ceiling, Volume Ceiling, Walk-In Closet, Wet Bar
  • Primary Bathroom: Bidet, Dual Sinks, Multiple Shower Heads, Separate Tub And Shower
  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 1073.70
  • Total Floors: 2

Exterior Features

  • Roof: Tile
  • Exterior Features: Built In Grill, Outdoor Fireplace, Outdoor Kitchen
  • Boat Access: Dock Included
  • Canal Width: 151-200
  • Construction: Concrete Block, Piling
  • Exterior Features: Built In Grill, Outdoor Fireplace, Outdoor Kitchen
  • Exterior Finish: Stone, Stucco
  • Gulf Access: No Bridge(s)
  • Irrigation: Central
  • Private Pool: Below Ground
  • Private Spa: Heated Electric, Pool Bath
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Windows: Arched, Casement, Thermal

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3

Utilities

  • Cooling: Ceiling Fans, Central Electric, Zoned
  • Heating: Central Electric
  • Security: Monitored Alarm
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Beach Club Available, Private Membership
  • Community Type: Boating
  • Restrictions: Deeded
  • Sub Condo Name: PORT ROYAL

Association/Amenities

  • Pets: No Approval Needed
  • Development: Port Royal

Lot Info

  • Rear Exposure: West
  • View: Canal
  • Waterfront: Canal
  • Lot Dimensions: 113 X 191 X 91 X 212
  • Section: 22
  • Total Area: 9439

Tax Info

  • Tax Description: City And County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2025
Sold by
Ruesterholz Kevin and Ruesterholz Virginia P
Bought by
Ruesterholz Community Property Trust and Ruesterholz
Current Estimated Value
$11,131,593

Purchase Details

Listed on
Jan 14, 2015
Closed on
Dec 16, 2016
Sold by
Marcum Charles R
Bought by
Ruesterholz Kevin and Ruesterholz Virginia P
Seller's Agent
Karen Van Arsdale
Premier Sotheby's Int'l Realty
Buyer's Agent
Roy Weekly
Weekly Realty Group, LLC
List Price
$9,450,000
Sold Price
$8,343,750
Premium/Discount to List
-$1,106,250
-11.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Original Mortgage
$4,000,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2011
Sold by
Martin Eugene E and Martin Shawn W
Bought by
Marcum Charles R

Purchase Details

Closed on
Nov 16, 2010
Sold by
Giddens Joanne N
Bought by
Martin Eugene E and Martin Shawn W

Purchase Details

Closed on
Sep 8, 2004
Sold by
Hamilton Management Services Inc
Bought by
Giddens Joanne N and Joanne N Giddens Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Ruesterholz Community Property Trust -- None Listed On Document
Ruesterholz Kevin $8,343,750 None Available
Marcum Charles R $2,350,000 Action Title Services Llc
Martin Eugene E $2,450,000 Action Title Services
Giddens Joanne N $9,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruesterholz Kevin $4,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2016 12/19/16 Pending -- -- --
12/17/2016 12/17/16 Off Market $8,343,750 -- --
12/16/2016 12/16/16 Sold $8,343,750 -7.0% $884 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
08/03/2016 08/03/16 Price Changed $8,975,000 -3.0% $951 / Sq Ft
06/08/2016 06/08/16 Price Changed $9,250,000 -2.1% $980 / Sq Ft
02/17/2016 02/17/16 For Sale $9,450,000 0.0% $1,001 / Sq Ft
02/02/2016 02/02/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $9,450,000 0.0% $1,001 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
04/25/2015 04/25/15 Price Changed $9,450,000 -2.1% $1,001 / Sq Ft
01/14/2015 01/14/15 For Sale $9,650,000 -- $1,022 / Sq Ft
Source: Naples Area Board of REALTORS®

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 $76,452 $8,669,387 -- --
2024 $75,337 $8,425,060 -- --
2023 $75,337 $8,179,670 -- --
2022 $77,497 $7,941,427 $0 $0
2021 $78,726 $7,710,123 $0 $0
2020 $76,806 $7,603,672 $0 $0
2019 $75,897 $7,432,719 $0 $0
2018 $74,337 $7,294,131 $0 $0
2017 $73,222 $7,144,105 $0 $0
2016 $72,288 $6,986,942 $0 $0
2015 $70,803 $6,631,015 $0 $0
2014 $28,232 $2,499,787 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 215002707

Naples Area Board of REALTORS®

APN: 17061440003