NOT LISTED FOR SALE

Estimated Value: $7,073,000 - $10,251,945

5 Beds
8 Baths
5,720 Sq Ft
$1,474/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $7,600,000 $1,329 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $50,753/month

64 Days on Market

Highlights

  • Concierge
  • Community Beach Access
  • Golf Course Community
  • Sea Gate Elementary School Rated A
  • Lake Front
  • Private Beach

About This Home

As of December 2020

Riverview homes proudly presents this spectacular, coastal inspired, new construction home in the exclusive community of Bay Colony Shores. This masterfully crafted, lake front residence offers breathtaking views of the sunset, ensuring you the ultimate Florida lifestyle. The expansive great room, anchored by the chef inspired kitchen featuring Wolf & Sub-Zero appliances, oversized island, walk-in butler’s pantry and nearby wet bar with dual Sub-Zero wine columns, flows effortlessly to the magnificent outdoor living area, highlighted by the outdoor kitchen and custom pool and spa with water/fire bowl features. Artfully designed and crafted, this residence features four-bedrooms, a guest wing with private entry, two offices, and a bonus room with wet bar offering today’s sophisticated buyer the ultimate in luxury living. Enjoy the first-class amenities Bay Colony offers exclusively to residents including the gorgeous, newly remodeled, Bay Colony Beach Club offering casual and formal dining, tennis club, concierge service program and optional golf membership at the award-winning Bay Colony Golf Club.

Last Agent to Sell the Property

Chris Resop

The Agency Naples License #NAPLES-249522664 Listed on: 09/02/2020

The Agency Naples

Co-Listed By

Kara Resop

The Agency Naples License #NAPLES-249522579

Last Buyer's Agent

Lisa Schleiger

Downing Frye Realty Inc.

Downing Frye Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,337

Year Built

  • Built in 2019

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions: 115
  • Lake Front
  • Private Beach
  • Northwest Facing Home
  • Gated Home
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinkler System

HOA Fees

Parking

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

Home Design

  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 5,720 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Custom Mirrors
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Electric Shutters
  • Floor-to-Ceiling Windows
  • Transom Windows
  • Sliding Windows
  • Casement Windows
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Home Office
  • Recreation Room
  • Lake Views

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • 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

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

Pool

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

Outdoor Features

  • Outdoor Fireplace
  • Outdoor Kitchen
  • Lanai
  • Attached Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Smart Home Wiring
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 66674378555
  • $10,000 special tax assessment

Community Details

Overview

  • $7,500 Secondary HOA Transfer Fee
  • Private Membership Available
  • Mandatory home owners association

Amenities

  • Concierge
  • Restaurant
  • Clubhouse

Recreation

  • Community Beach Access
  • Private Beach Pavilion
  • Golf Course Community
  • Private Beach Club
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Park
  • Bike Trail

Security

  • 24-Hour Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,337

Year Built

Built in 2019

Lot Details

0

HOA Fees

$1,203 per month

Parking

4

Listing Details

  • Legal Description: PELICAN BAY UNIT 10 SITE 67
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows, Electric Shutters
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 1328.67
  • Total Floors: 1
  • Additional Rooms: Guest Bath, Guest Room, Home Office, Laundry in Residence, Open Porch/Lanai, Recreation, Den/Study
  • Estimated Living Area: 5720
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bathrooms: 8.00
  • Bedroom Description: Master BR Ground, Master BR Sitting Area, Split Bedrooms
  • Bedrooms: 5+Den
  • Total Bedrooms: 5
  • Dining Room: Breakfast Bar, Living Dining
  • Equipment: Auto Garage Door, Cooktop - Gas, Dishwasher, Disposal, Double Oven, Dryer, Home Automation, Stand-Alone Ice Maker, Microwave, Pot Filler, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Tankless Water Heater, Wall Oven, Washer, Wine Cooler
  • Flooring: Tile, Wood
  • Floor Plan: Great Room, Split Bedrooms
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Closet Cabinets, Custom Mirrors, Fireplace, Foyer, High Speed Available, Laundry Tub, Pantry, Smoke Detectors, Vaulted Ceiling, Walk-In Closet, Wet Bar, Window Coverings
  • Kitchen: Gas Available, Island, Walk-In Pantry
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads, Separate Tub And Shower
  • Windows: Casement, Impact Resistant, Sliding, Transom

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • Road: Paved Road, Private Road
  • View: Lake, Landscaped Area, Water Feature
  • Exterior Features: Built In Grill, Outdoor Fireplace, Outdoor Kitchen, Outdoor Shower, Sprinkler Auto
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Custom Upgrades, Equipment Stays, Heated Gas, Pool Bath, Salt Water System
  • Private Spa Type: Below Ground, Concrete, Equipment Stays, Heated Gas, Pool Bath, Pool Integrated
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 4

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Monitored Alarm, Gated, Guard At Gate, Patrolled, Private Security System
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: BAY COLONY SHORES
  • HOA Fees: 12038
  • HOA Fee Frequency: Annually
  • Maintenance: Cable, Concierge Service, Internet/WiFi Access, Legal/Accounting, Recreational Facilities, Reserve, Security, Street Lights, Street Maintenance
  • Master Hoa Fee: 2396
  • Master HOA Fee Frequency: Annually

Association/Amenities

  • Pets: No Approval Needed
  • Development: Pelican Bay
  • Amenities: Beach - Private, Beach Access, Beach Club Included, Bike And Jog Path, Clubhouse, Community Park, Concierge Services, Fitness Center Attended, Internet Access, Pickleball, Private Beach Pavilion, Private Membership, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Golf Course, Tennis
  • Total Number of Units: 75

Fee Information

  • Special Assessment: 5787.00
  • Special Assessment Frequency: Annually
  • Transfer Fees: 7500.00
  • One Time Special Assessment Fee: 10000

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: 7655
  • Waterfront: Yes
  • Acres: 0.3500
  • Rear Exposure: Northwest
  • Lot Description: Regular
  • Lot Dimensions: 115 X 140 X 121 X 126
  • Parcel Number: 66674378555

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Developmen
  • Taxes: 19337.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2021
Sold by
Williams James D and Williams Ashley T
Bought by
Wills James E and Schleiger Lisa
Current Estimated Value
$8,433,982

Purchase Details

Listed on
Sep 2, 2020
Closed on
Dec 18, 2020
Sold by
339 Cromwell Ct Llc
Bought by
Williams James D and Williams Ashley T
Seller's Agent
Chris Resop
The Agency Naples
Buyer's Agent
Lisa Schleiger
Downing Frye Realty Inc.
List Price
$7,895,000
Sold Price
$7,600,000
Premium/Discount to List
-$295,000
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.10%
Original Mortgage
$4,560,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2016
Closed on
Mar 3, 2017
Sold by
Erwin L Greenberg Investment Corp
Bought by
339 Cromwell Ct Llc
Seller's Agent
Diane Solomon
Premier Sotheby's Int'l Realty
Buyer's Agent
Vickie Larscheid
70 Degree Realty,LLC
List Price
$5,250,000
Sold Price
$3,150,000
Premium/Discount to List
-$2,100,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.85%
Original Mortgage
$140,000
Interest Rate
4.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 20, 2005
Sold by
Labermeier Walter J and Labermeier Lillis S
Bought by
Erwin L Greenberg Investment Corp #45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,010,553
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 1, 1999
Sold by
Mcglinn Terrence J and Mcglinn Barbara T
Bought by
Labermeier Walter F and Labermeier Lillis S

Purchase Details

Closed on
Mar 28, 1996
Sold by
Hall James L and Hall Bettie B
Bought by
Mcglinn Terrence J and Mcglinn Barbara T
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
Wills James E $8,350,000 Attorney
Williams James D $7,600,000 Accommodation
339 Cromwell Ct Llc $3,150,000 Attorney
Erwin L Greenberg Investment Corp #45 $3,300,000 First American Title Co
Labermeier Walter F $2,250,000 --
Mcglinn Terrence J $2,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams James D $4,560,000
Previous Owner 339 Cromwell Ct Llc $140,000
Previous Owner Erwin L Greenberg Investment Corp #45 $3,010,553
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2020 12/29/20 Sold $7,600,000 -3.7% $1,329 / Sq Ft
11/05/2020 11/05/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $7,895,000 +150.6% $1,380 / Sq Ft
03/03/2017 03/03/17 Sold $3,150,000 0.0% $333 / Sq Ft View Prior Sale
02/23/2017 02/23/17 Off Market $3,150,000 -- --
01/03/2017 01/03/17 Pending -- -- --
01/01/2017 01/01/17 Off Market $3,150,000 -- --
12/31/2016 12/31/16 Pending -- -- --
11/14/2016 11/14/16 Price Changed $3,900,000 -8.2% $412 / Sq Ft
03/18/2016 03/18/16 Price Changed $4,250,000 -19.0% $449 / Sq Ft
02/11/2016 02/11/16 For Sale $5,250,000 -- $555 / 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 $64,333 $7,186,389 -- --
2024 $73,740 $6,533,081 $2,811,583 $3,721,498
2023 $73,740 $7,330,793 $3,120,780 $4,210,013
2022 $82,786 $7,743,162 $3,276,819 $4,466,343
2021 $56,509 $5,042,050 $2,301,840 $2,740,210
2020 $52,069 $4,476,665 $0 $0
2019 $19,337 $1,672,560 $1,672,560 $0
2018 $35,673 $3,163,054 $1,656,000 $1,507,054
2017 $39,960 $2,987,470 $0 $0
2016 $38,306 $2,715,882 $0 $0
2015 $35,666 $2,468,984 $0 $0
2014 $26,433 $2,244,531 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220049717

Naples Area Board of REALTORS®

APN: 66674378555