Seller's Agent in 2026
Amanda Erwin
John R. Wood Properties
(239) 821-5922
5 in this area
21 Total Sales
490 1st Ave S Naples, FL 34102
Old Naples Neighborhood
0.23
Acre
$15,652,174
Price per Acre
10,019
Sq Ft Lot
Highlights
- Beach Access
- Corner Lot
- Views
- Lake Park Elementary School Rated A
- No HOA
- Shops
About This Lot
As of January 2026A rare opportunity in the heart of Old Naples. This premium .23-acre corner homesite sits at the sw corner of 1st Avenue South and 5th Street South, just 5 blocks from the beach and a short stroll to the world-class dining and boutique shopping of famed Fifth Avenue South. Located in sought after X500 flood plain, 490 1st Ave S offers long-term peace of mind, superior elevation, and build flexibility. No flood insurance required.
Surrounded by mature banyan trees and lush palms, the property provides an inviting tropical landscape with excellent design potential. A private alley allows for rear-entry garage access, enhancing curb appeal while maximizing space for an impressive front façade and expansive outdoor living. Preliminary concept sketches by MHK Architecture illustrate a stunning 4,000+ sq ft custom home featuring 4 bedrooms, 4.5 baths, a private guest suite with elevator access, loft, additional laundry, spectacular pool, and oversized 2-car garage with alley access. Whether you envision timeless coastal architecture, West Indies charm, or a clean modern aesthetic, the design possibilities here are exceptional.
Create your own piece of paradise in one of the most coveted walkable beach neighborhoods in Old Naples.
Property Details
Property Type
- Land
Est. Annual Taxes
- $27,347
Lot Details
- 10,019 Sq Ft Lot
- 67 Ft Wide Lot
- Landscaped
- Corner Lot
Utilities
- Cable TV Available
Additional Features
- Property Views
Listing and Financial Details
- Assessor Parcel Number 14027760005
- Tax Block 19
Community Details
Overview
- No Home Owners Association
- Olde Naples Subdivision
Amenities
- Shops
- Restaurant
Recreation
- Dog Park
- Beach Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 17, 2022
Closed on
Feb 14, 2022
Sold by
Paulette Lundgren Trust
Bought by
Wilson Christopher E and Wilson Lorraine E
Seller's Agent
Nancy Burgess
Compass Florida LLC
Buyer's Agent
Amanda Erwin
John R Wood Properties
List Price
$3,000,000
Sold Price
$3,300,000
Premium/Discount to List
$300,000
10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.66%
Purchase Details
Closed on
Oct 14, 2019
Sold by
Lundgren Paulette and Paulette Lundgren Living Trust
Bought by
Lundgren Paulette and Lundgren Alexandre
Purchase Details
Closed on
Nov 10, 2003
Sold by
Lundgren Paulette
Bought by
Lundgren Paulette
Purchase Details
Closed on
Jul 24, 1996
Sold by
Ginolfi Dianne
Bought by
Lundgren Paulette
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,300,000 | Crew Law Pa | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $270,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/21/2026 01/21/26 | Sold | $3,600,000 | 0.0% | $1,883 / Sq Ft | |
| 01/06/2026 01/06/26 | Pending | -- | -- | -- | |
| 10/26/2025 10/26/25 | For Sale | $3,600,000 | +9.1% | $1,883 / Sq Ft | |
| 02/14/2022 02/14/22 | Sold | $3,300,000 | +10.0% | $1,928 / Sq Ft | View Prior Sale |
| 01/29/2022 01/29/22 | Pending | -- | -- | -- | |
| 01/17/2022 01/17/22 | For Sale | $3,000,000 | -- | $1,752 / Sq Ft |
Source: Naples Area Board of REALTORS®
Tax History Compared to Growth
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 | $27,347 | $3,300,000 | -- | -- |
| 2024 | $30,537 | $3,000,000 | $3,000,000 | -- |
| 2023 | $30,537 | $3,300,000 | $3,300,000 | $0 |
| 2022 | $8,139 | $868,653 | $0 | $0 |
| 2021 | $8,263 | $843,352 | $0 | $0 |
| 2020 | $8,061 | $831,708 | $0 | $0 |
| 2019 | $7,958 | $813,009 | $0 | $0 |
| 2018 | $7,787 | $797,850 | $0 | $0 |
| 2017 | $7,664 | $781,440 | $0 | $0 |
| 2016 | $7,532 | $765,367 | $0 | $0 |
| 2015 | $7,689 | $760,047 | $0 | $0 |
| 2014 | $7,717 | $704,015 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Amanda Erwin
-
Jay Arthur Stark
Buyer's Agent in 2026
Jay Arthur Stark
Coldwell Banker Realty
(847) 833-2598
42 Total Sales
-
Nancy Burgess
Seller's Agent in 2022
Nancy Burgess
Compass Florida LLC
(239) 571-2287
1 in this area
93 Total Sales
Map
Source: Naples Area Board of REALTORS®
MLS Number: 225076866
APN: 14027760005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
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