NOT LISTED FOR SALE

7916 Grand Bay Dr Unit 22 Naples, FL 34108

Pelican Bay Neighborhood

Estimated Value: $2,329,000 - $3,968,859

4 Beds
6 Baths
3,260 Sq Ft
$994/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $3,650,000 $1,120 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $22,767/month

102 Days on Market

Highlights

  • Community Beach Access
  • Lake Front
  • Private Beach Club
  • Sea Gate Elementary School Rated A
  • Full Service Day or Wellness Spa
  • Fitness Center

About This Home

As of April 2024

Stunning courtyard home enjoys southern exposure overlooking lush tropical landscape and waterscape view. Designed by renowned Norwood and Antonio Oliver Design Associates, New York City. Infrastructure, mechanicals, HVAC, electrical, appliances, kitchen, and laundry room completely replaced/renovated in past two years. Exterior spacious courtyard features refinished pool, new pool equipment, shell stone surfacing, mature plantings. Perfect outdoor living for entertaining. Interior features an open floor plan, fireplace, four full baths and two half-baths, cross-cut travertine, marble and porcelain tile floors throughout, and a separate two-room casita. All windows and doors are UV protected with Storm Smart electric roll-down hurricane/sun screens or high-impact glass. LED lighting throughout. New roof and gutters, 2020. Centrally located between Waterside shops, restaurants, and the Ritz Carlton Beach Resort. Amenities include three miles of beachfront, two private pavilions, restaurants, fitness center, tennis, pickle ball soon, private Golf membership, canoes, kayaks, and sunfish for resident use, miles of walking, and nature paths. Enjoy the ultimate Florida resort lifestyle.

Last Agent to Sell the Property

Victoria Harrison

Downing Frye Realty Inc. License #NAPLES-249501360 Listed on: 10/07/2023

Downing Frye Realty Inc.

Last Buyer's Agent

Renee Hahn

Alfred Robbins Realty Group License #NAPLES-249524610

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,782

Year Built

  • Built in 1993

Lot Details

  • Lake Front
  • South Facing Home
  • Sprinkler System

HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Home Design

  • Villa
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 3,260 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Electric Shutters
  • Picture Window
  • Sliding Windows
  • Casement Windows
  • French Doors
  • Combination Dining and Living Room
  • Tile Flooring
  • Lake Views
  • High Impact Windows

Kitchen

  • Breakfast Bar
  • Built-In Double Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Shower

Outdoor Features

  • Courtyard
  • Patio
  • Water Fountains
  • Lanai

Additional Homes

  • Guest house includes a cabana

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Propane
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 46575000447

Community Details

Overview

  • $10,000 Secondary HOA Transfer Fee
  • Pelican Bay Community

Amenities

  • Full Service Day or Wellness Spa
  • Restaurant

Recreation

  • Community Beach Access
  • Private Beach Pavilion
  • Private Beach Club
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,782

Year Built

Built in 1993

Lot Details

0

HOA Fees

$3,182 per month

Parking

2

Listing Details

  • Legal Description: GRAND BAY (PELICAN BAY) A CONDOMINIUM UNIT 22
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.244755118197$-81.8125904806325$123.11$13.33$1.00$OdtQABT_dbru5jVyXi8AKg
  • Building Design: Villa Detached
  • Building Description: 1 Story/Ranch
  • Storm Protection: Impact Resistant Windows, Shutters, Electric Shutters, Shutters - Manual, Shutters - Screens/Fabric
  • Year Built: 1993
  • Property Information: Stunning courtyard home enjoys southern exposure overlooking lush tropical landscape and waterscape view. Designed by renowned Norwood and Antonio Oliver Design Associates, New York City. Infrastructure, mechanicals, HVAC, electrical, appliances, kitchen, and laundry room completely replaced/renovated in past two years. Exterior spacious courtyard features refinished pool, new pool equipment, shell stone surfacing, mature plantings. Perfect outdoor living for entertaining. Interior features an open floor plan, fireplace, four full baths and two half-baths, cross-cut travertine, marble and porcelain tile floors throughout, and a separate two-room casita. All windows and doors are UV protected with Storm Smart electric roll-down hurricane/sun screens or high-impact glass. LED lighting throughout. New roof and gutters, 2020. Centrally located between Waterside shops, restaurants, and the Ritz Carlton Beach Resort. Amenities include three miles of beachfront, two private pavilions, restaurants, fitness center, tennis, pickle ball soon, private Golf membership, canoes, kayaks, and sunfish for resident use, miles of walking, and nature paths. Enjoy the ultimate Florida resort lifestyle.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 1119.63
  • Total Floors: 1
  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 3260
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Bedrooms: 4 Bed
  • Total Bedrooms: 4
  • Dining Room: Breakfast Bar, Living Dining
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator/Icemaker, Wall Oven, Washer, Wine Cooler
  • Flooring: Tile
  • Floor Plan: Courtyard
  • Interior Amenities: Cable Prewire, Fireplace, French Doors, Internet Available, Volume Ceiling, Walk-In Closet
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Casement, Impact Resistant, Picture, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • View: Lake, Water Feature
  • Exterior Features: Courtyard, Outdoor Shower, Patio, Sprinkler Auto, Water Display
  • Exterior Finish: Stucco
  • Guest House: 1 Bath, 1 Bedroom, Cabana
  • Private Pool Type: Below Ground, Heated Electric, Pool Bath
  • Private Spa Type: Below Ground, Heated Electric
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Driveway Paved

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric, Zoned
  • Sewer: Central
  • Water: Central
  • Gas Description: Propane

Condo/Co-op/Association

  • Management Company Phone: 2395978081
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded, No Motorcycles, No RV
  • Sub Condo Name: GRAND BAY AT PELICAN BAY
  • Condo Fees: 2937
  • Condo Fee Frequency: Monthly
  • Maintenance: Cable, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance
  • Master Hoa Fee: 2944
  • Master HOA Fee Frequency: Annually
  • Development Name: PELICAN BAY

Association/Amenities

  • Pets: With Approval
  • Development: Pelican Bay
  • Amenities: Beach Access, Beach Club Included, Bike And Jog Path, Community Room, Fitness Center Attended, Full Service Spa, Internet Access, Pickleball, Private Beach Pavilion, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Tennis
  • Units In Building: 1
  • Total Number of Units: 32

Fee Information

  • Transfer Fees: 10000.00
  • Application Fee: 150.00

Lot Info

  • Builder Product: No
  • Lot Unit: 22
  • Section: 33
  • Total Area: 4129
  • Waterfront: Yes
  • Rear Exposure: South
  • Lot Description: Zero Lot Line
  • Parcel Number: 46575000447

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 23781.50
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2023
Closed on
Apr 5, 2024
Sold by
Mary Mascott G and Mary Mcdonald
Bought by
Kole Raveis Revocable Trust and Kole
Seller's Agent
Victoria Harrison
Downing Frye Realty Inc.
Buyer's Agent
Renee Hahn
Alfred Robbins Realty Group
List Price
$4,250,000
Sold Price
$3,650,000
Premium/Discount to List
-$600,000
-14.12%
Views
42
Current Estimated Value
$3,240,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$409,035
Avg. Annual Appreciation
-8.20%
Original Mortgage
$2,920,000
Outstanding Balance
$2,869,429
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$371,536

Purchase Details

Listed on
Oct 7, 2020
Closed on
Dec 1, 2020
Sold by
Oliver Norwood Deneen and Oliver Antonia Francesc
Bought by
Mascott G Theodore G and Mascott Mary Mcdonald
Seller's Agent
Scott Lepore
John R Wood Properties
Buyer's Agent
Victoria Harrison
Downing Frye Realty Inc.
List Price
$2,499,000
Sold Price
$2,499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%

Purchase Details

Closed on
Dec 20, 1993
Sold by
P H D Holdings Inc
Bought by
Oliver Norwood Deneen and Oliver Antonia Francesca
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Kole Raveis Revocable Trust $3,650,000 None Listed On Document
Mascott G Theodore G $2,499,000 None Listed On Document
Oliver Norwood Deneen $743,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kole Raveis Revocable Trust $2,920,000
Previous Owner Mascott G Theodore G $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $3,650,000 -6.3% $1,120 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
12/26/2023 12/26/23 Price Changed $3,895,000 -8.4% $1,195 / Sq Ft
10/07/2023 10/07/23 For Sale $4,250,000 +70.1% $1,304 / Sq Ft
12/01/2020 12/01/20 Sold $2,499,000 0.0% $782 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $2,499,000 -- $782 / Sq Ft
Source: Naples Area Board 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
2024 $23,114 $2,322,493 -- --
2023 $23,114 $2,254,848 $0 $0
2022 $23,782 $2,189,173 $0 $0
2021 $20,573 $1,776,350 $0 $1,776,350
2020 $16,767 $1,487,450 $0 $0
2019 $16,516 $1,454,008 $0 $0
2018 $16,442 $1,426,897 $0 $0
2017 $15,873 $1,397,548 $0 $0
2016 $15,471 $1,368,803 $0 $0
2015 $15,509 $1,359,288 $0 $0
2014 $15,468 $1,298,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223073695

Naples Area Board of REALTORS®

APN: 46575000447