NOT LISTED FOR SALE

Estimated Value: $6,965,000 - $13,026,523

5 Beds
6.5 Baths
6,915 Sq Ft
$1,338/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $15,900,000 $2,299 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $55,975/month

57 Days on Market

Highlights

  • Community Beach Access
  • Lake Front
  • Private Beach Club
  • Sea Gate Elementary School Rated A
  • Private Beach
  • 24-Hour Guard

About This Home

As of February 2023

An “architectural masterpiece” in the heart of Bay Colony. The absolute finest specifications, long lake views, impeccable interior, incredible furnishings, and creative finishes in this estate home. Encompassing 6,925 square feet/9,399 square feet total. Two private garages offer four spaces. Soaring custom ceilings, light airy great room open to the family room, culinary kitchen and butler’s pantry. Expansive screened pool setting complete with delightful outdoor living area. Five full-bedroom suites. The master enjoys dual baths, separate walk-in closets, and custom built-ins along with a tranquil fireplace. A cabana suite on the master level, three additional suites on the upper level, open media room shared by all guests. Charming covered outdoor terrace overlooking the pool, lake view with private elevator to the spacious upper living. Residents enjoy a world-class setting, and seaside guard-gated community inclusive of a private beach club and tennis club along with all of Pelican Bay amenities. Initially constructed in 1999, this estate home has been rebuilt by BCB Homes featuring the “best of the best,” completed November 2022.

Last Agent to Sell the Property

Barbara Lowe

Premier Sotheby's Int'l Realty Listed on: 11/21/2022

Premier Sotheby's Int'l Realty

Co-Listed By

Tricia Soars

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Kelly Capolino

Downing Frye Realty Inc.

Downing Frye Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,109

Year Built

  • Built in 1999

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions: 158
  • Lake Front
  • Private Beach
  • Northwest Facing Home
  • Gated Home
  • Landscaped
  • Sprinkler System

HOA Fees

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • Deeded Parking

Home Design

  • Florida Architecture
  • Concrete Block With Brick
  • Stone Exterior Construction
  • Stucco
  • Tile

Interior Spaces

  • 6,915 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished
  • Furnished or left unfurnished upon request
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Electric Shutters
  • Picture Window
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Loft
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Bathtub With Separate Shower Stall
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

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

Outdoor Features

  • Balcony
  • Courtyard
  • Patio
  • Water Fountains
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Lanai
  • Fire Pit
  • Outdoor Gas Grill

Schools

  • Sea Gate Elementary School
  • Pine Ridge Middle School
  • Barron Collier High School

Utilities

  • Central Heating and Cooling System
  • Propane
  • Internet Available
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 66674375309

Community Details

Overview

  • $17,500 Secondary HOA Transfer Fee
  • Private Membership Available
  • Pelican Bay Community
  • Mandatory home owners association

Recreation

  • Community Beach Access
  • Private Beach Pavilion
  • Private Beach Club
  • Beach Club Membership Available
  • Tennis Courts
  • Community Pool
  • Park

Additional Features

  • Restaurant
  • 24-Hour Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,109

Year Built

Built in 1999

Lot Details

0.48 Acres

HOA Fees

$1,552 per month

Parking

4

Listing Details

  • Legal Description: PELICAN BAY UNIT 10, PT OF SITES 2 & 3 DESC AS: COM AT SE CNR OF SITE 3, SELY 15FT ALG E LI SITE 2, THENCE 11.18FT ALG CURVE, S 32DEG E 94.32FT, 37.95FT ALG CURVE
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: Florida
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows, Electric Shutters
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Furnished
  • Price Per Sq Ft: 2299.35
  • Total Floors: 2
  • Additional Rooms: Balcony, Family Room, Great Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Loft, Open Porch/Lanai
  • Estimated Living Area: 6915
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Bedroom Description: Master BR Ground
  • Bedrooms: 5+Den
  • Total Bedrooms: 5
  • Dining Room: Breakfast Bar, Living Dining, Eat-in Kitchen
  • Elevator: Private
  • Equipment: Auto Garage Door, Cooktop - Gas, Dishwasher, Disposal, Dryer, Gas Grill, Microwave, Range, Refrigerator, Security System, Smoke Detector, Washer, Wine Cooler
  • Flooring: Tile, Wood
  • Floor Plan: Great Room
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Cathedral Ceiling, Closet Cabinets, Fireplace, Foyer, French Doors, Internet Available, Laundry Tub, Multiple Phone Lines, Pantry, Smoke Detectors, Walk-In Closet
  • Kitchen: Gas Available, Island, Pantry
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads, Separate Tub And Shower
  • Windows: Impact Resistant, Picture

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • Road: Private Road
  • View: Lake, Landscaped Area, Water Feature
  • Exterior Features: Built-In Gas Fire Pit, Courtyard, Decorative Shutters, Outdoor Fireplace, Outdoor Kitchen, Outdoor Shower, Patio, Sprinkler Auto, Water Display
  • Exterior Finish: Stone, Stucco
  • Private Pool Type: Below Ground, Concrete, Equipment Stays, Heated Electric, Heated Gas, Salt Water System
  • Private Spa Type: Below Ground, Concrete, Equipment Stays, Heated Electric, Heated Gas
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 4
  • Parking: Circle Drive, Guest

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Gated, Guard At Gate, Patrolled
  • Sewer: Central
  • Water: Central
  • Gas Description: Propane

Condo/Co-op/Association

  • Approval: Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: BAY COLONY SHORES
  • HOA Fees: 13375
  • HOA Fee Frequency: Annually
  • Maintenance: Legal/Accounting, Street Lights, Street Maintenance, Trash Removal
  • Master Hoa Fee: 2684
  • Master HOA Fee Frequency: Annually
  • Club Fee Mandatory: 2550
  • Club Fee Mandatory Frequency: Annually
  • Development Name: PELICAN BAY

Association/Amenities

  • Pets: No Approval Needed
  • Development: Pelican Bay
  • Amenities: Beach - Private, Beach Access, Beach Club Available, Beach Club Included, Community Park, Community Pool, Private Beach Pavilion, Private Membership, Restaurant, Sidewalk, Streetlight, Tennis Court
  • Community Type: Gated, Tennis
  • Units In Building: 2
  • Total Number of Units: 75

Fee Information

  • Transfer Fees: 17500.00

Schools

  • Elementary School: Sea Gate Elementary
  • High School: Barron Collier High School
  • Middle School: Pine Ridge Middle School

Lot Info

  • Builder Product: No
  • Section: 33
  • Total Area: 9399
  • Waterfront: Yes
  • Acres: 0.4800
  • Rear Exposure: Northwest
  • Lot Description: Oversize
  • Lot Dimensions: 158 X 145
  • Parcel Number: 66674375309

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 1
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: No Homestead
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 65108.89
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Feb 24, 2023
Sold by
Foley Dennis C and Foley Guadalupe
Bought by
Fry Stephen F
Seller's Agent
Barbara Lowe
Premier Sotheby's Int'l Realty
Buyer's Agent
Kelly Capolino
Downing Frye Realty Inc.
List Price
$16,500,000
Sold Price
$15,900,000
Premium/Discount to List
-$600,000
-3.64%
Views
54
Current Estimated Value
$9,255,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,644,826
Avg. Annual Appreciation
-16.36%

Purchase Details

Listed on
Nov 25, 2014
Closed on
Jun 19, 2015
Sold by
Levitt Jay C and Levitt Ann Lee
Bought by
Foley Dennis C and Foley Guadalupe
Seller's Agent
Barbara Lowe
Premier Sotheby's Int'l Realty
Buyer's Agent
Barbara Lowe
Premier Sotheby's Int'l Realty
List Price
$6,700,000
Sold Price
$6,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%

Purchase Details

Closed on
Mar 5, 2013
Sold by
Levitt Jay C and Levitt Ann Lee
Bought by
Levitt Jay C and Levitt Ann Lee

Purchase Details

Closed on
Apr 6, 2005
Sold by
Levitt Jay C and Levitt Ann Lee
Bought by
Levitt Jay C and Levitt Ann Lee

Purchase Details

Closed on
Mar 26, 1997
Sold by
Mcchesney David J
Bought by
Levitt Jay C and Levitt Ann Lee

Purchase Details

Closed on
Dec 29, 1995
Sold by
Anderson James T
Bought by
Mcchesney David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.29%
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 Buyer Sale Price Title Company
Fry Stephen F $15,900,000 None Listed On Document
Foley Dennis C $6,700,000 Attorney
Levitt Jay C -- Attorney
Levitt Jay C -- --
Levitt Jay C $650,000 --
Mcchesney David J $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcchesney David J $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2023 02/24/23 Sold $15,900,000 -3.6% $2,299 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
12/28/2022 12/28/22 For Sale $16,500,000 0.0% $2,386 / Sq Ft
12/22/2022 12/22/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $16,500,000 +146.3% $2,386 / Sq Ft
06/19/2015 06/19/15 Sold $6,700,000 0.0% $936 / Sq Ft View Prior Sale
12/03/2014 12/03/14 Pending -- -- --
11/25/2014 11/25/14 For Sale $6,700,000 -- $936 / 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 $82,650 $8,714,539 -- --
2024 $81,732 $8,468,940 $4,113,372 $4,355,568
2023 $81,732 $7,105,809 $0 $0
2022 $76,432 $6,372,353 $0 $0
2021 $65,109 $5,793,048 $0 $0
2020 $60,883 $5,266,407 $0 $0
2019 $53,527 $4,787,643 $2,375,462 $2,412,181
2018 $52,322 $4,663,082 $2,351,943 $2,311,139
2017 $68,508 $6,124,165 $3,841,507 $2,282,658
2016 $67,953 $6,085,065 $0 $0
2015 $33,408 $2,956,192 $0 $0
2014 -- $2,882,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222083595

Naples Area Board of REALTORS®

APN: 66674375309

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