$1,089,900
OPEN SUN 12PM - 3PM $10K PRICE DROP

4764 Formosa Dr Naples, FL 34119

Arrowhead-Island Walk Neighborhood

Estimated payment $6,685/month

Total Views 11,276
5 Beds
3 Baths
3,343 Sq Ft
$326 Price per Sq Ft

Highlights

  • Lake Front
  • Fitness Center
  • Gated Community
  • Vineyards Elementary School Rated A
  • Solar Heated In Ground Pool
  • Clubhouse

About This Home

Spacious and pristine, this contemporary residence is perfectly positioned on a quiet cul-de-sac in one of North Naples’ most sought-after and impeccably maintained communities—Raffia Preserve. Thoughtfully customized, the home strikes a seamless balance between luxury and everyday comfort. Step inside the expansive floor plan, highlighted by a dramatic two-story foyer, 3 car garage, 5 bedrooms, 3 full baths, a traditional dining room, and a generous bonus room. The recently renovated, European-inspired chef’s kitchen features quartz countertops, a massive island with breakfast bar, double ovens, a hooded range top, pot filler, beverage cooler, and sleek modern finishes. Distinctive design elements are found throughout, including six-panel doors, upgraded baseboards and casings, plantation shutters, and luxury vinyl and tile flooring. Art niches, archways, and modern lighting updates add sophistication and character to every space. The south-facing lanai offers tranquil lake views and endless Florida sunshine, creating the perfect setting to relax by the sparkling pool and spa. Energy efficiency abounds with solar power that dramatically reduces utility costs, plus a 240v charging station for your electric vehicle. Vivint integrated smart-home technology makes everyday living convenient with easy control of home systems and security. The massive three-car garage with suspended storage ensures ample space, while the community’s resort-style clubhouse, pool, fitness center, and basketball court add to the appeal. With some of the lowest HOA fees in the area, top-rated schools, and an unbeatable location just off Vanderbilt Beach Road, this home truly has it all—style, comfort, efficiency, and convenience.

Listing Agent

Michael Kussmann

Alfred Robbins Realty Group License #374014239 Listed on: 08/07/2025

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,141

Year Built

  • Built in 2018

Lot Details

  • 8,276 Sq Ft Lot
  • Lake Front
  • Cul-De-Sac
  • North Facing Home
  • Sprinkler System

HOA Fees

  • $374 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Pond

Home Design

  • Entry on the 1st floor
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,343 Sq Ft Home
  • 2-Story Property
  • Plantation Shutters
  • Double Hung Windows
  • Entrance Foyer
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Loft
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Separate Shower

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Heating System

Pool

  • Solar Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Screen Enclosure
  • Pool Equipment or Cover

Outdoor Features

  • Waterfront Basin
  • Screened Patio

Utilities

  • Whole House Fan
  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 92
  • Assessor Parcel Number 69020004726

Community Details

Overview

  • Association fees include management, legal/accounting, ground maintenance, recreation facilities, reserve fund, road maintenance, street lights, security
  • Association Phone (239) 353-2225
  • Raffia Preserve Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Park

Security

  • Security Guard
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,141

Year Built

Built in 2018

Lot Details

0

HOA Fees

$374 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: RAFFIA PRESERVE
  • Architectural Style: Multi-Level, Two Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2018
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4097
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Electric Heat, In Ground, Screened
  • Private Spa: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Tile, Vinyl
  • Interior Amenities: Breakfast Bar, Bedroom on Main Level, Breakfast Area, Bathtub, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Kitchen Island, Living/Dining Room, Separate Shower, Cable TV, Window Treatments, High Speed Internet, Home Office, Loft
  • Living Area: 3343.0
  • Dining Room Type: Den, Loft, Office, Recreation, Screened Porch
  • Stories: 2
  • Window Features: Double Hung, Shutters, Window Coverings

Exterior Features

  • Lot Features: Cul-De-Sac, Sprinklers Automatic
  • Pool Features: Electric Heat, Heated, In Ground, Pool Equipment, Screen Enclosure, Solar Heat, Community
  • Pool Private: Yes
  • View: Landscaped, Lake, Pond, Water
  • View: Yes
  • Waterfront Features: Basin, Lake
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco, Wood Siding
  • Direction Faces: North
  • Exterior Features: Sprinkler/Irrigation, Patio
  • Patio And Porch Features: Lanai, Open, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Driveway, Electric Vehicle Charging Station(s), Garage, Paved, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: Security Gate, Gated Community, Key Card Entry, Security Guard, Security System, Smoke Detector(s)
  • Green Building Features: On Site Management
  • Cooling: Central Air, Electric, Whole House Fan
  • Cooling Y N: Yes
  • Heating: Central, Electric, Solar
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Street Lights
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Fitness Center, Park, Pool, Sidewalks
  • Association Fee: 1122.0
  • Association Fee Frequency: Quarterly
  • Phone: (239) 353-2225
  • Association: Yes
  • Pets Allowed: Call, Conditional

Fee Information

  • Association Fee Includes: Association Management, Legal/Accounting, Maintenance Grounds, Recreation Facilities, Reserve Fund, Road Maintenance, Street Lights, Security

Lot Info

  • Parcel #: 69020004726

Multi Family

  • Number Of Units In Community: 363

Tax Info

  • Tax Annual Amount: 7141.41
  • Tax Lot: 92
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $7,141 $744,064 -- --
2024 $8,466 $723,094 $182,743 $540,351
2023 $8,466 $836,454 $0 $0
2022 $8,697 $812,091 $195,530 $616,561
2021 $4,854 $444,550 $0 $0
2020 $4,740 $438,412 $0 $0
2019 $4,656 $428,555 $80,500 $348,055
2018 $827 $52,030 $0 $0
2017 $642 $47,300 $0 $0
2016 $495 $43,000 $0 $0
2015 $498 $42,625 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2025 09/18/25 Price Changed $1,089,900 -0.9% $326 / Sq Ft
08/07/2025 08/07/25 For Sale $1,099,900 +26.4% $329 / Sq Ft
10/07/2021 10/07/21 Sold $870,000 -3.2% $260 / Sq Ft View Prior Sale
08/30/2021 08/30/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $899,000 -- $269 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $870,000 Attorney
Special Warranty Deed $497,191 North American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,250 New Conventional
Previous Owner $298,000 New Conventional
Source: Public Records

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225065950

Florida Gulf Coast Multiple Listing Service

APN: 69020004726

Florida Collier County Naples 34119 Arrowhead-Island Walk

4764 Formosa Dr, Naples, FL

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Michael Kussmann
Listing Agent
Michael Kussmann
Section Image
Alfred Robbins Realty Group
(239) 363-6258