$1,459,200
$141K PRICE DROP

518 Cypress Way E Naples, FL 34110

Estimated payment $8,486/month

Total Views 1,790
4 Beds
3 Baths
2,002 Sq Ft
$729 Price per Sq Ft

Highlights

  • Concrete Pool
  • Wood Flooring
  • Walk-In Pantry
  • Golf Course View
  • No HOA
  • Double Oven

About This Home

Stunning Palm River Estates Pool Home, Fully Renovated Modern Oasis. Welcome to this beautifully renovated 4-bedroom, 3-bathroom pool home situated on a spacious, south-facing lot within the desirable Palm River Estates in North Naples. This contemporary residence offers a luxurious living experience defined by thoughtful design, superior craftsmanship, and modern conveniences. Step inside to discover a fully renovated interior featuring gorgeous hardwood floors and an open-concept layout ideal for entertaining and comfortable family living. The gourmet kitchen showcases custom-designed wood cabinetry, top-of-the-line Bosch appliances, and an expansive center island seamlessly flowing into the great room. Every detail was carefully considered, with no expense spared, impact windows and doors, new electrical and plumbing systems, and a brand-new HVAC system and water heater, epoxy coating on the garage floor. Enjoy the convenience of a bespoke laundry room within the air-conditioned living space, complemented by a spacious pantry designed for ample storage. The versatile floor plan effortlessly accommodates family life, guests, and the modern work-from-home lifestyle. Step outside onto your aesthetically contemporary tiled pool lanai, perfect for relaxing, dining al fresco, or hosting gatherings. Located minutes away from premier shopping, dining, and pristine Naples beaches, this home perfectly combines contemporary luxury with an exceptional location. With a roof replaced in 2017, this property ensures both style and peace of mind for years to come. Don’t miss the opportunity to own this extraordinary residence in Palm River Estates, your perfect Naples retreat awaits!

Listing Agent

Johnathan Shirey

Douglas Elliman Florida, LLC License #249519056 Listed on: 03/20/2025

Douglas Elliman Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,956

Year Built

  • Built in 1972

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100 x 125 x 100 x 125
  • North Facing Home
  • Fenced
  • Rectangular Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 2,002 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Built-In Features
  • Ceiling Fan
  • Open Floorplan
  • Golf Course Views

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Impact Glass
  • High Impact Door

Pool

  • Concrete Pool
  • Solar Heated In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Open Patio
  • Porch

Schools

  • Veterans Memorial Elementary School
  • North Naples Middle School
  • Aubrey Rogers High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Palm River Estates Subdivision

Listing and Financial Details

  • Tax Lot 911
  • Assessor Parcel Number 65320120003

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,956

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Lot Size: 100 x 125 x 100 x 125
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: PALM RIVER ESTATES
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Efficiency: Solar Panel(s)
  • Building Stories: 1
  • Year Built: 1972
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Pets No Pets Comments: ,,,
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Appliances: Double Oven, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Dual Sinks, Family/Dining Room, Living/Dining Room, Pantry, Shower Only, Separate Shower, Walk-In Pantry, Walk-In Closet(s), Split Bedrooms
  • Living Area: 2002.0
  • Stories: 1
  • Window Features: Impact Glass
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Concrete, Heated, In Ground, Pool Equipment, Solar Heat
  • Pool Private: Yes
  • View: Golf Course, Landscaped
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Fence, Security/High Impact Doors
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: VETERANS MEMORIAL ELEMENTARY
  • High School: AUBREY ROGERS HIGH
  • Middle Or Junior School: NORTH NAPLES MIDDLE

Lot Info

  • Parcel #: 65320120003
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 5956.1
  • Tax Lot: 911
  • 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
2023 $5,242 $410,176 $0 $0
2022 $4,650 $372,887 $0 $0
2021 $4,233 $338,988 $0 $0
2020 $3,875 $308,171 $0 $0
2019 $3,310 $280,155 $120,900 $159,255
2018 $3,815 $326,686 $134,850 $191,836
2017 $4,257 $364,010 $166,935 $197,075
2016 $4,068 $348,435 $0 $0
2015 $3,938 $327,962 $0 $0
2014 $3,596 $298,147 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Price Changed $1,459,200 -4.0% $729 / Sq Ft
04/15/2025 04/15/25 Price Changed $1,520,000 -5.0% $759 / Sq Ft
03/20/2025 03/20/25 For Sale $1,600,000 +113.0% $799 / Sq Ft
07/03/2023 07/03/23 Sold $751,000 -9.0% $375 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
03/18/2023 03/18/23 For Sale $825,000 -- $412 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $175,000 --
Warranty Deed $155,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $108,500 Purchase Money Mortgage
Source: Public Records

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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 225029643

Florida Gulf Coast Multiple Listing Service

APN: 65320120003