NOT LISTED FOR SALE

Estimated Value: $9,472,000 - $18,084,008

5 Beds
8 Baths
10,455 Sq Ft
$1,318/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $18,000,000 $1,722 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $77,622/month

419 Days on Market

Highlights

  • Dock Available
  • Boating
  • In Ground Pool
  • Lake Park Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • Marble Flooring

About This Home

As of June 2024

A home in the European tradition with extraordinary attention dedicated to the details. Standing proof that beauty and grace can be achieved without compromising any of the modern amenities and structural innovations so important to modern buyers. The home is situated on one and one half Port Royal lots, with wonderful western views over Hidden Bay. Each room is focused on promoting its unique purpose without sacrificing luxurious comfort. Living areas include a glorious two-story great room with immense fireplace, beautiful two-story library with spiral staircase, five large ensuite bedrooms, large art studio or sixth bedroom, stunning dining room, spacious family room with wet bar, and significant covered lanais overlooking the pool and abundant green space leading to the waterway beyond. Two separate two-car garages. Port Royal Club membership eligibility.

Last Agent to Sell the Property

Richard Prebish

William Raveis Real Estate Listed on: 01/31/2023

William Raveis Real Estate

Co-Listed By

Thomas Campbell Jr

William Raveis Real Estate

Last Buyer's Agent

Linda Teti

Stiles Sowers & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,418

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions: 180
  • Property Fronts a Bay or Harbor
  • West Facing Home

HOA Fees

  • $66 Monthly HOA Fees

Parking

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

Home Design

  • Entry on the 1st floor
  • Flat Roof Shape
  • Concrete Block With Brick
  • Wood Frame Construction
  • Stucco
  • Tile

Interior Spaces

  • 10,455 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Fireplace
  • Casement Windows
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Bay Views

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bidet
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • No Fixed Bridges
  • Dock Available
  • Attached Grill

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 17412080009

Community Details

Overview

  • Voluntary home owners association
  • Port Royal Community

Recreation

  • Boating
  • Gulf Boat Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,418

Year Built

Built in 2005

Lot Details

0.72 Acres

HOA Fees

$66 per month

Parking

4

Listing Details

  • Legal Description: RUM ROW SECT PORT ROYAL LOT 64 + SE 1/2 LOT 65
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.105788$-81.792194$208.03$13.33$1.00$EZZ8ZT7tplBzzAcX0cvfWw
  • Building Design: Single Family
  • Building Description: Other
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 1721.66
  • Total Floors: 2
  • Additional Rooms: Den/Study, Family Room, Laundry in Residence
  • Estimated Living Area: 10455
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bathrooms: 8.00
  • Bedrooms: 5+Den
  • Total Bedrooms: 5
  • Dining Room: Breakfast Bar, Family Dining, Formal
  • Elevator: Private
  • Equipment: Auto Garage Door, Cooktop - Gas, Dishwasher, Dryer, Generator, Refrigerator/Freezer, Wall Oven, Washer
  • Flooring: Carpet, Marble, Tile, Wood
  • Floor Plan: Other
  • Interior Amenities: Built-In Cabinets, Fireplace, Foyer, Pantry, Wet Bar
  • Primary Bathroom: Bidet, Dual Sinks, Separate Tub And Shower
  • Windows: Casement

Exterior Features

  • Gulf Access: Yes
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Built-Up Or Flat, Tile
  • Construction: Concrete Block, Wood Frame
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Boat Access: Dock Included
  • Irrigation: Reclaimed
  • View: Bay
  • Exterior Features: Built In Grill
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground
  • Waterfront Type: Bay

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 4

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central
  • Gas Description: Propane

Condo/Co-op/Association

  • Mandatory HOA: No
  • Restrictions: Deeded
  • Sub Condo Name: PORT ROYAL
  • HOA Description: Voluntary
  • HOA Fees: 795
  • HOA Fee Frequency: Annually
  • Development Name: PORT ROYAL

Association/Amenities

  • Pets: No Approval Needed
  • Development: Port Royal
  • Community Type: Boating, Non-Gated
  • Units In Building: 1
  • Total Number of Units: 1

Lot Info

  • Builder Product: No
  • Section: 22
  • Total Area: 14133
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Dimensions: 180 X 222 X 135 X 209
  • Parcel Number: 17412080009

Rental Info

  • Lease Limits: Yes

Tax Info

  • Tax Description: City And County
  • Taxes: 71417.63
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2023
Closed on
Jun 12, 2024
Sold by
Minges Karen Price
Bought by
Bajaj Ken and Bajaj Kaval
Seller's Agent
Richard Prebish
William Raveis Real Estate
Buyer's Agent
Linda Teti
Stiles Sowers & Associates
List Price
$25,000,000
Sold Price
$18,000,000
Premium/Discount to List
-$7,000,000
-28%
Views
795
Current Estimated Value
$13,778,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,221,996
Avg. Annual Appreciation
-14.09%
Original Mortgage
$12,600,000
Outstanding Balance
$11,951,628
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$1,826,376

Purchase Details

Closed on
Aug 12, 2021
Sold by
Minges Karen Price and Minges Charles Mitchell
Bought by
Minges Karen Price

Purchase Details

Closed on
Dec 21, 2007
Sold by
Minges Charles Mitchell
Bought by
Minges Charles Mitchell

Purchase Details

Closed on
Apr 26, 2002
Sold by
Bryant William W and Bryant Cheryl J
Bought by
Minges Charles Mitchell

Purchase Details

Closed on
Apr 3, 2000
Sold by
Godfrey Scott D
Bought by
Bryant William W and Bryant Cheryl J

Purchase Details

Closed on
Mar 31, 2000
Sold by
Godrey Edward R
Bought by
Bryant William W and Bryant Cheryl J

Purchase Details

Closed on
Mar 30, 2000
Sold by
Miller Terri G
Bought by
Bryant William W and Bryant Cheryl J

Purchase Details

Closed on
Mar 29, 2000
Sold by
Godfrey Joseph M
Bought by
Bryant William W and Bryant Cheryl J

Purchase Details

Closed on
Nov 21, 1997
Sold by
Marshall & Ilsley Tr Co Fl
Bought by
Godfrey Joseph E
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
Bajaj Ken $18,000,000 None Listed On Document
Minges Karen Price -- Accommodation
Minges Charles Mitchell -- Attorney
Minges Charles Mitchell $4,500,000 --
Bryant William W -- --
Bryant William W $3,650,000 --
Bryant William W -- --
Bryant William W -- --
Bryant William W -- --
Bryant William W -- --
Bryant William W -- --
Godfrey Joseph E $1,853,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bajaj Ken $12,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2024 06/12/24 Sold $18,000,000 -9.5% $1,722 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
01/23/2024 01/23/24 Price Changed $19,900,000 -20.4% $1,903 / Sq Ft
03/23/2023 03/23/23 For Sale $25,000,000 0.0% $2,391 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
01/31/2023 01/31/23 For Sale $25,000,000 -- $2,391 / 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 $70,415 $18,707,915 $11,184,030 $7,523,885
2024 $69,386 $7,767,873 -- --
2023 $69,386 $7,541,624 $0 $0
2022 $71,418 $7,321,965 $0 $0
2021 $72,549 $7,108,704 $0 $0
2020 $70,785 $7,010,556 $0 $0
2019 $69,947 $6,852,938 $0 $0
2018 $68,462 $6,720,601 $0 $0
2017 $67,434 $6,582,371 $0 $0
2016 $66,315 $6,446,984 $0 $0
2015 $67,702 $6,402,169 $0 $0
2014 $67,965 $6,301,358 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223001876

Naples Area Board of REALTORS®

APN: 17412080009

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