$2,000,000
SOLD MAY 8, 2026

516 Tierra Mar Ln E Unit 5 Naples, FL 34108

Pelican Bay Neighborhood
3 Beds
2.5 Baths
2,366 Sq Ft
6,098 Sq Ft Lot Lot

Sale Details

Date Sold: May 8, 2026

$845 Per Sq Ft

5% Below List Price

5 on Market

Highlights

  • Beach Access
  • Golf Course Community
  • Private Beach Pavilion
  • Sea Gate Elementary School Rated A
  • Private Beach
  • Fitness Center

About This Home

As of May 2026

This stunning courtyard villa offers the perfect blend of indoor–outdoor living in the heart of Pelican Bay. Centered around a sun-drenched private courtyard, the home features a beautifully resurfaced pool, outdoor grill, bar, lush tropical landscaping, and a tranquil fountain—creating an ideal setting for both relaxing and entertaining. Expansive windows, soaring ceilings, and a striking atrium fill the home with natural light, enhancing the open and flowing layout. The residence offers three bedrooms and two-and-a-half baths, along with a flexible open den featuring a cozy fireplace. Located just off the kitchen, the den overlooks the pool and includes French doors that open directly to the courtyard and gardens. A screened lanai surrounds the property, providing added privacy while allowing you to enjoy the beautifully landscaped grounds, highlighted by vibrant orchids in bloom.
Additional features include an oversized two-car garage, in-home laundry, and low HOA fees—adding both comfort and convenience. All of this is set within one of Naples’ most sought-after communities. As a resident of Pelican Bay, you’ll enjoy exclusive private beach access with beachfront dining, miles of scenic walking and biking paths, kayaking, and exceptional amenities including tennis, pickleball, and a state-of-the-art fitness center. World-class shopping, dining, and entertainment are just a short walk away at Artis–Naples and Waterside Shops. This is a rare opportunity to experience the coveted Pelican Bay lifestyle in a private courtyard setting.

Last Agent to Sell the Property

Dawn Zimmer-Boling

Premiere Plus Realty Company Listed on: 03/14/2026

Premiere Plus Realty Company

Last Buyer's Agent

Nathan Dyer

William Raveis Real Estate

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,280

Year Built

  • Built in 1981

Lot Details

  • 6,098 Sq Ft Lot
  • 60 Ft Wide Lot
  • Private Beach
  • Cul-De-Sac
  • Landscaped

HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Spanish Architecture
  • Villa
  • Concrete Block With Brick
  • Concrete Foundation
  • Built-Up Roof
  • Stucco
  • Tile

Interior Spaces

  • Property has 1 Level
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Window Treatments
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Atrium Room
  • Screened Porch
  • Tile Flooring
  • Pool Views
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Grill
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Concrete Pool
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Tennis Courts
  • Courtyard
  • Attached Grill
  • Playground

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 66270480009

Community Details

Overview

  • 2,822 Sq Ft Building
  • Tierra Mar Subdivision
  • Mandatory home owners association

Amenities

  • Restaurant

Recreation

  • Private Beach Pavilion
  • Golf Course Community
  • Equity Golf Club Membership
  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Fitness Center
  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,280

Year Built

Built in 1981

Lot Details

6,098 Sq Ft Lot

HOA Fees

$827 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Villa Attached
  • Community Features: Park, Fitness Center, Restaurant, Sidewalks, Street Lights, Tennis Court(s), Golf
  • Horses: No
  • Lot Features: Cul-De-Sac
  • Park Name: PELICAN BAY
  • Road Surface Type: Paved
  • Is Senior Community?: No
  • Has View?: Yes
  • Security Features: Smoke Detector(s)
  • Association Amenities: Beach - Private, Beach Access, Beach Club Included, Bike And Jog Path, Bocce Court, Park, Fitness Center, Pickleball, Play Area, Private Beach Pavilion, Restaurant, Sidewalk, Streetlight, Tennis Court(s), Underground Utility
  • Association Fees: 9924
  • Has H O A?: Yes
  • Co List Office Mls Id: NPPR
  • Standard Status: Closed
  • Subdivision Name: TIERRA MAR
  • Architectural Style: Spanish, Villa Attached
  • Has Fireplace?: Yes
  • Unit Levels: 1
  • Is New Construction?: No
  • Structure Type: Villa Attached
  • Golf Type: Golf Equity
  • OpenHouseCount: 1
  • Elevator: None
  • Boat Access: None
  • LastChangeTimestamp: 2026-05-09T02:19:53.203Z
  • Community Type: Golf Course, Tennis
  • BridgeModificationTimestamp: 2026-05-09T02:21:06.936Z
  • ListAgent_MUI: 28464677
  • CDOM: 55
  • Building Desc: Spanish
  • Equipment: Cooktop, Cooktop - Electric, Dishwasher, Disposal, Dryer, Grill - Gas, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer
  • DOM: 5
  • Additional Rooms: Atrium, Den - Study, Laundry in Residence, Screened Lanai/Porch
  • NABOR_ListPrice: 2098000
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Interior Amenities: Built-In Cabinets, Cathedral Ceiling(s), Closet Cabinets, Exclusions, Fireplace, Foyer, French Doors, Laundry Tub, Pantry, Smoke Detectors, Walk-In Closet(s), Window Coverings
  • Private Spa: No
  • Appliances: Cooktop, Electric Cooktop, Dishwasher, Disposal, Dryer, Grill - Gas, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Stories: 1
  • Window Features: Window Coverings
  • Room Bedroom Features: Split Bedrooms
  • Room Dining Room Features: Formal, Other

Exterior Features

  • Roof: Built-Up, Tile
  • View: Landscaped Area, Pool/Club
  • Exterior Features: Screened Lanai/Porch, Built In Grill, Courtyard, Outdoor Shower
  • Pool Features: Concrete, Electric Heat
  • Has Private Pool?: Yes
  • Waterfront Features: None
  • Construction Type: Concrete Block, Stucco
  • Foundation Details: Concrete Block
  • Other Structures: Tennis Court(s)

Garage/Parking

  • Garage Spaces: 2
  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Covered Parking Spaces: 2
  • Has Attached Garage?: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Electric, Zoned
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Laundry in Residence, Laundry Tub
  • Green Building Features: DSL/Cable Available
  • Heating: Central Electric
  • Water Source: Central

Condo/Co-op/Association

  • Pets Allowed: Yes

Schools

  • Elementary School: SEA GATE
  • High School: BARRON COLLIER
  • Middle Or Junior School: PINE RIDGE

Lot Info

  • Waterfront: No
  • Parcel Number: 66270480009
  • Lot Size Sq Ft: 6098
  • Land Lease Expiration Date: 2026-11-30
  • Additional Parcels: No

Rental Info

  • Lease Term: Agreement For Deed,Buyer Finance/Cash

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 10280.15

Multi Family

  • Number Of Units Furnished: Unfurnished
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2026
Closed on
May 6, 2026
Sold by
Hadland Kenneth and Kenneth W Hadland 2000 Living Trust
Bought by
Schmeltzer Kurt
Seller's Agent
Dawn Zimmer-Boling
Premiere Plus Realty Company
Buyer's Agent
Nathan Dyer
William Raveis Real Estate
List Price
$2,098,000
Sold Price
$2,000,000
Premium/Discount to List
-$98,000
-4.67%
Views
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
179.19%
Original Mortgage
$1,400,000
Outstanding Balance
$1,400,000
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$683,847

Purchase Details

Closed on
Mar 17, 2005
Sold by
Neuharth Loretta F
Bought by
Hadland Kenneth W and Hadland Judith R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.25%
Mortgage Type
Commercial
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $2,000,000 None Listed On Document
Warranty Deed $880,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $1,400,000 New Conventional
Previous Owner $300,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2026 05/08/26 Sold $2,000,000 -4.7% $845 / Sq Ft
03/19/2026 03/19/26 Pending -- -- --
03/14/2026 03/14/26 For Sale $2,098,000 -- $887 / Sq Ft
Source: Naples Area Board of REALTORS®

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 226010328

Naples Area Board of REALTORS®

APN: 66270480009

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