NOT LISTED FOR SALE

Estimated Value: $7,139,000 - $7,948,000

6 Beds
7 Baths
5,831 Sq Ft
$1,295/Sq Ft Est. Value

Last Sold January 14, 2025

Last sale price $8,000,000 $1,372 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $44,256/month

42 Days on Market

Highlights

  • Lake Front
  • Private Dock
  • Infinity Pool
  • Sea Gate Elementary School Rated A
  • 2 Bedroom Guest House
  • Whole House Reverse Osmosis System

About This Home

As of January 2025

Extremely rare opportunity to own a legacy property in Pine Ridge Estates. Regarded by many as the best lot in Pine Ridge, offerings like this only come to market once a generation. Located in the quiet enclave of Ridge Court, discover a modern home built to exacting standards by BCB Homes in collaboration with Dyehouse & Geshay. 427 Ridge Court is situated on 2.09 acres with Southwestern exposure on Mockingbird lake. The peninsula shaped parcel provides unparalleled privacy with 443 feet of water frontage. This is the single, largest waterfront property on Mockingbird lake. If all properties in Pine Ridge Estates were available, this site would be the first chosen. While the asking price is based off land value, the home is well conceived and may be of real interest to many. This house has done extremely well with short term rentals. Plan your new home while generating income to reduce expenses! Flood zone X. High and dry, no need to worry about hurricanes here! New and improved price! There may be an opportunity to subdivide lot as current survey shows over two acres. Schedule your private viewing today for one of the rarest offerings in Naples.

Last Agent to Sell the Property

Daniel Riess

Compass Florida LLC Listed on: 11/14/2024

Compass Florida LLC

Co-Listed By

Vincent Branda

Compass Florida LLC

Last Buyer's Agent

Nick Sweat

Gulf Shore Properties SWFL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,680

Year Built

  • Built in 1997

Lot Details

  • 2.09 Acre Lot
  • Lot Dimensions: 150
  • Lake Front
  • Cul-De-Sac
  • Southwest Facing Home
  • Privacy Fence
  • Fenced
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway

Home Design

  • Turnkey
  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 5,831 Sq Ft Home
  • 2-Story Property
  • Double Hung Windows
  • Great Room
  • Living Room
  • Formal Dining Room
  • Den
  • Storage
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Built-In Self-Cleaning Double Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Whole House Reverse Osmosis System

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

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

Pool

  • Infinity Pool
  • Concrete Pool

Outdoor Features

  • Private Dock

Additional Homes

  • 2 Bedroom Guest House
  • Two Bathroom Guest House
  • Guest house includes a balcony
  • Guest House Includes Kitchen
  • Guest House Has A Garage

Utilities

  • Central Heating and Cooling System
  • Power Generator
  • Propane
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 67283520007
  • Tax Block L

Community Details

Overview

  • Pine Ridge Community

Recreation

  • Exercise Course

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,680

Year Built

Built in 1997

Lot Details

0

Parking

4

Listing Details

  • Legal Description: PINE RIDGE EXT BLK L LOT 29
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.232085873728323$-81.79308371568986$278.47$13.33$1.00$-oHT_b7IxDC6jGXidqN_TQ
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Turnkey
  • Price Per Sq Ft: 1371.98
  • Total Floors: 2
  • Additional Rooms: Den/Study, Laundry in Garage
  • Estimated Living Area: 5831
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7.00
  • Bedroom Description: Master BR Ground
  • Bedrooms: 6 or More
  • Total Bedrooms: 6
  • Dining Room: Family Dining, Eat-in Kitchen, Formal
  • Equipment: Auto Garage Door, Cooktop - Gas, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Generator, Range, Refrigerator, Self Cleaning Oven, Smoke Detector, Wall Oven, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Great Room
  • Interior Amenities: Walk-In Closet, Window Coverings
  • Kitchen: Island, Walk-In Pantry
  • Primary Bathroom: Separate Tub And Shower
  • Windows: Double Hung, Impact Resistant, Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Canal Width: 200+
  • Construction: Concrete Block
  • Boat Access: Boat Dock Private, COMDOC, Dock Included
  • Irrigation: Lake/Canal
  • Road: Cul-De-Sac
  • View: Lake
  • Exterior Features: Fence, Privacy Wall, Sprinkler Auto, Storage
  • Exterior Finish: Stucco
  • Guest House: 2+ Baths, 2+ Bedrooms, Balcony, Garage, Kitchen, Living Room
  • Private Pool Type: Below Ground, Concrete, Negative Edge
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 4
  • Parking: 2+ Spaces, Circle Drive

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Septic
  • Water: Reverse Osmosis - Entire House, Well
  • Gas Description: Propane

Condo/Co-op/Association

  • Mandatory HOA: No
  • Sub Condo Name: PINE RIDGE
  • Development Name: PINE RIDGE

Association/Amenities

  • Pets: No Approval Needed
  • Development: Pine Ridge
  • Amenities: Exercise Room, Internet Access
  • Units In Building: 1
  • Total Number of Units: 1

Lot Info

  • Builder Product: No
  • Section: 3
  • Total Area: 9317
  • Waterfront: Yes
  • Acres: 2.0900
  • Rear Exposure: Southwest
  • Lot Description: Cul-De-Sac, Irregular Shape, Oversize
  • Lot Dimensions: 150 X 283 X 443 X 358
  • Parcel Number: 67283520007

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: County Only, No Homestead
  • Taxes: 66679.72
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2024
Closed on
Jan 14, 2025
Sold by
Riess Robert and Riess Barbara
Bought by
427 Ridge Llc
Seller's Agent
Daniel Riess
Compass Florida LLC
Buyer's Agent
Nick Sweat
Gulf Shore Properties SWFL
List Price
$8,995,000
Sold Price
$8,000,000
Premium/Discount to List
-$995,000
-11.06%
Views
35
Current Estimated Value
$7,551,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$448,427
Avg. Annual Appreciation
-5.50%

Purchase Details

Closed on
Jan 31, 2023
Sold by
Edwards Robert T and Edwards Terry Y
Bought by
Riess Robert and Riess Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,850,000
Interest Rate
6.13%

Purchase Details

Closed on
Oct 8, 2004
Sold by
Fisher David C and Fisher Denise C
Bought by
Riess Robert and Riess Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,381,250
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 1999
Sold by
Fisher Jennifer L
Bought by
Fisher David C

Purchase Details

Closed on
May 17, 1994
Sold by
Jansak Kathleen Christina and Hoffman Kathleen J
Bought by
Fisher David G and Fisher Jennifer L

Purchase Details

Closed on
Apr 18, 1994
Sold by
Hoffman Loren L and Hoffman Kathleen J
Bought by
Jansak Kathleen Christine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
427 Ridge Llc $8,000,000 None Listed On Document
427 Ridge Llc $8,000,000 None Listed On Document
Riess Robert -- --
Riess Robert $3,175,000 First American Title Co
Fisher David C -- --
Fisher David G $570,000 --
Jansak Kathleen Christine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riess Robert $2,850,000
Previous Owner Riess Robert $2,381,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2025 01/14/25 Sold $8,000,000 -11.1% $1,372 / Sq Ft
12/26/2024 12/26/24 Pending -- -- --
11/14/2024 11/14/24 For Sale $8,995,000 -- $1,543 / 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 $61,904 $4,747,606 -- --
2024 $66,680 $4,316,005 -- --
2023 $66,680 $3,923,641 $0 $0
2022 $38,534 $3,566,946 $0 $0
2021 $35,631 $3,242,678 $1,830,800 $1,411,878
2020 $35,489 $2,974,153 $0 $0
2019 $32,575 $2,703,775 $0 $0
2018 $26,934 $2,457,977 $1,748,000 $709,977
2017 $36,346 $3,137,815 $0 $0
2016 $36,576 $2,852,559 $0 $0
2015 $29,943 $2,593,235 $0 $0
2014 $28,457 $2,357,486 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224092460

Naples Area Board of REALTORS®

APN: 67283520007