$760,000
SOLD MAY 14, 2025
3 Beds
3 Baths
1,954 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$389 Per Sq Ft

15% Below List Price

214 Days on Market

Highlights

  • Full Service Day or Wellness Spa
  • Community Cabanas
  • On-Site Retail
  • Golf Course Community
  • Fitness Center
  • Gated Community

About This Home

As of May 2025

Welcome to this stunning private pool home nestled in the gated Masters Reserve neighborhood located in popular Lely Resort. This exquisite 3-bedroom, 3 full bath property boasts the highly sought-after Savanah floor plan, featuring a main house with 2 bedrooms, 1 study, and 2 full bathrooms, along with a separate guest cabana offering a third bedroom and third full bath. With a spacious nearly 2,000 sq ft of living space, a 2-car garage, golf course views, and a large pool, this home perfectly balances comfort and functionality. The exterior of this home is impressive with perfect southwest exposure providing natural light and all-day sun on the pool, a generator, tile roof, and a wide brick paver driveway. The lanai presents panoramic private golf course views, covered outdoor space, a screen enclosure, and a luxurious oversized saltwater pool. Inside, tile flooring flows through the main living areas, complemented by recessed lighting and a central vacuum system. The kitchen is equipped with wood cabinets, granite counters, a breakfast bar with custom tile, walk-in pantry, and stainless appliances, including a range, microwave, French door refrigerator, and a newer dishwasher (2022). The living room features a built-in entertainment center with a tiled accent wall and gas fireplace, as well as a glass slider opening to the lanai. Adjacent to the kitchen, the formal dining area showcases accent tile on the walls and several large windows overlooking the pool. The owner's suite has access to the lanai, two walk-in closets with custom built-ins, and an ensuite bathroom featuring a dual sink vanity with granite counters, enclosed toilet, a large walk-in shower, and a separate soaking tub. The guest bedroom is adjacent to a bathroom with a wood vanity and a shower-tub combo tiled floor-to-ceiling with a glass enclosure. A versatile den or study, accessible through French glass doors, offers large bay windows for plenty of natural light. The laundry area is well-equipped with white storage cabinets, a utility sink, and front-load stainless washer and dryer. The guest cabana adds an extra layer of luxury and convenience with French doors, a kitchen nook with a sink and granite countertop, a closet, and a bathroom with a walk-in shower with glass enclosure. Perfect for use as an art or music studio, home office, yoga or fitness room, mother-in-law suite or private guest suite. Located in an award-winning community, on quiet cul-de-sac, with reasonable HOA fees, and perfectly situated between downtown Naples and Marco Island. Enjoy easy access to pristine beaches, shops, and restaurants. Lely offers two public golf courses, shopping, and restaurants. The Player's Club first-class amenities include a resort-style pool, dining options, state-of-the-art fitness, full-service spa and salon, active tennis and pickleball, firepit, bocce, and an extremely extensive activity and event calendar.

Last Agent to Sell the Property

Michelle Thomas

Premier Sotheby's International Realty License #688527 Listed on: 08/20/2024

Premier Sotheby's International Realty

Last Buyer's Agent

Of Realtors 08-Naples Area Board

Local Associations

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,998

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 48x173x60x188
  • Southwest Facing Home

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Property Views

  • Golf Course
  • Woods

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,954 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Shutters
  • Sliding Windows
  • French Doors
  • Living Room
  • Breakfast Room
  • Dining Room
  • Den
  • Library

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security Gate
  • High Impact Door

Pool

  • In Ground Pool
  • Saltwater Pool
  • Spa
  • Screen Enclosure

Additional Features

  • Lanai
  • In Flood Plain
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 59937001123

Community Details

Overview

  • Naples Community
  • Masters Reserve Subdivision

Amenities

  • Full Service Day or Wellness Spa
  • On-Site Retail
  • Clubhouse
  • Business Center
  • Community Dining Room
  • Community Library

Recreation

  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Community Spa
  • Putting Green
  • Jogging Path
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,998

Year Built

Built in 2003

Lot Details

0

HOA Fees

$242 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 48x173x60x188
  • Subdivision Name: Masters Reserve
  • Architectural Style: Ranch, See Remarks
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2003
  • Listing Information:Community: Naples
  • Listing Information:Subarea Type: Off Island
  • Location Tax and Legal:Parcel Number: 59937001123
  • Location Tax and Legal:Tax Annual Amount: 4998.0
  • Location Tax and Legal:Tax Year: 2023
  • General Property Information:Furnished: Unfurnished
  • General Property Information:Flood Plain: Yes
  • General Property Information:AC SqFt: 1954.0
  • General Property Information:Rear Exposure: Southwest
  • General Property Information:Boat Dock: No
  • General Property Information:Pool Private YN: Yes
  • General Property Information:HOA YN: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Dining Area:Breakfast Bar: Yes
  • Floor:Tile: Yes
  • View:TreesWoods: Yes
  • Location Tax and Legal:Tax Block: 0
  • Location Tax and Legal:Tax Lot: 37
  • General Property Information:Lot Size Dimensions: 48x173x60x188
  • General Property Information:Stories: 1
  • General Property Information:Boat Lift: No
  • General Property Information:Spa YN: No
  • Architectural Style:Ranch: Yes
  • Hot Sheet:Single Family Residence: Yes
  • Roof:Tile2: Yes
  • Sewer:Sewer Central: Yes
  • Water Source:Public: Yes
  • View:Golf Course2: Yes
  • Primary BedroomBath Description:Double Vanity: Yes
  • Primary BedroomBath Description:Primary Downstairs: Yes
  • Primary BedroomBath Description:Separate Tub Shower: Yes
  • Primary BedroomBath Description:Split Bedrooms: Yes
  • Private Pool:In-Ground: Yes
  • Private Pool:Salt Water: Yes
  • Dining Area:Breakfast Room: Yes
  • Levels:One: Yes
  • Private Pool:Screen Enclosure: Yes
  • Floor:Carpet: Yes
  • Security Features:Security Gate: Yes
  • Activity Membership:Spa Available: Yes
  • Activity Membership:Golf Available Daily: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Refrigerator With Ice Maker, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Central Vacuum, Built-in Features, Custom Cabinets, French Doors, Gas Fireplace, Laundry Tub, Walk-In Closet(s), Wet Bar, Breakfast Bar, Double Vanity
  • Living Area: 1954.0
  • Window Features: Impact Doors, Manual Shutters, Sliding, Window Coverings
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Range3: Yes
  • Appliances:Refrigerator With Ice Maker: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Central Vacuum: Yes
  • Interior Features:Custom Cabinets: Yes
  • Interior Features:Laundry Tub: Yes
  • Interior Features:Wet Bar: Yes
  • Primary BedroomBath Description:Enclosed Toilet: Yes
  • Appliances:Washer Dryer Hookup: Yes
  • Interior Features:French Doors: Yes
  • Security Features:Gated Community: Yes
  • Interior Features:Gas Fireplace: Yes
  • Interior Features Laundry in Residence: Yes

Exterior Features

  • Lot Features: Mid Street Location
  • Pool Features: In-Ground, Salt Water, Screen Enclosure
  • Pool Private: Yes
  • View: Golf Course, Trees/Woods
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Concrete Block Structure, Stucco
  • Patio And Porch Features: Lanai
  • Property Condition: Resale
  • Roof: Tile
  • Construction Materials:Concrete Block Structure: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Lanai: Screened
  • Waterfront Features:None2: Yes
  • Window and Door Features:Sliding: Yes
  • Lot Features:Mid Street Location: Yes
  • Window and Door Features:Impact Doors: Yes
  • Window and Door Features:Manual Shutters: Yes
  • Window and Door Features:Window Coverings: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener, Guest, Private
  • General Property Information:Garage Spaces: 2
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Private: Yes

Utilities

  • Laundry Features: Washer Dryer Hookup
  • Security: Security Gate, Gated Community
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central Heating
  • Heating Yn: Yes
  • Sewer: Sewer Central
  • Water Source: Public
  • Heating:Central Heating: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Bike Path, Bocce, Business Center, Cabana, Clubhouse, Dining, Exercise Room, Fitness Center, Golf Course, Jogging Path, Library, Pickleball, Pool, Putting Green, Retail Services, Spa Services, Tennis Court(s), Spa/Hot Tub
  • Association Fee: 242.0
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Bike Path: Yes
  • Association Amenities:Bocce: Yes
  • Association Amenities:Cabana: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Golf Course: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Pickleball: Yes
  • Association Amenities:Putting Green: Yes
  • Association Amenities:SpaHot Tub3: Yes
  • Association Amenities:Tennis Court(s): Yes
  • Association Amenities:Dining: Yes
  • Association Amenities:Exercise Room: Yes
  • Association Amenities:Spa Services: Yes
  • Association Amenities:Library: Yes
  • Association Amenities:Retail Services: Yes
  • Association Amenities:Business Center: Yes

Lot Info

  • Parcel #: 59937001123

Tax Info

  • Tax Annual Amount: 4998.0
  • Tax Block: 0
  • Tax Lot: 37
  • Tax Year: 2023

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
May 14, 2025
Sold by
Herrmann Karl A
Bought by
Reese Renee M
Seller's Agent
Michelle Thomas
Premier Sotheby's International Realty
Buyer's Agent
Of Realtors 08-Naples Area Board
Local Associations
List Price
$899,000
Sold Price
$760,000
Premium/Discount to List
-$139,000
-15.46%
Views
66
Current Estimated Value
$790,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,719
Avg. Annual Appreciation
6.39%
Original Mortgage
$532,000
Outstanding Balance
$530,112
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$260,607

Purchase Details

Closed on
Feb 6, 2004
Sold by
Stock Dev L L C
Bought by
Herrmann Karl A and Kramer Terri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,292
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $760,000 Title 239
Warranty Deed $412,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $532,000 New Conventional
Previous Owner $330,292 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2025 05/14/25 Sold $760,000 -4.4% $389 / Sq Ft
03/22/2025 03/22/25 Pending -- -- --
03/12/2025 03/12/25 Price Changed $795,000 -5.3% $407 / Sq Ft
01/07/2025 01/07/25 Price Changed $839,900 -6.6% $430 / Sq Ft
08/20/2024 08/20/24 For Sale $899,000 -- $460 / Sq Ft
Source: Marco Island Area Association 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 $5,044 $445,074 -- --
2024 $4,999 $432,531 -- --
2023 $4,999 $419,933 -- --
2022 $5,138 $407,702 $0 $0
2021 $5,108 $395,827 $0 $0
2020 $4,988 $390,362 $0 $0
2019 $4,913 $381,586 $0 $0
2018 $4,820 $374,471 $0 $0
2017 $4,698 $366,769 $0 $0
2016 $4,515 $359,225 $0 $0
2015 $4,542 $356,728 $0 $0
2014 $4,550 $303,397 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marco Island Area Association of REALTORS®

MLS Number: 2241758

APN: 59937001123