NOT LISTED FOR SALE

8788 Mustang Island Cir Naples, FL 34113

Lely Resort Neighborhood

Estimated Value: $1,109,000 - $1,301,000

4 Beds
3 Baths
2,734 Sq Ft
$439/Sq Ft Est. Value

Last Sold December 11, 2024

Last sale price $1,320,000 $483 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $7,842/month

22 Days on Market

Highlights

  • Full Service Day or Wellness Spa
  • Community Cabanas
  • 24-Hour Guard
  • Golf Course Community
  • Fitness Center
  • Sitting Area In Primary Bedroom

About This Home

As of December 2024

Palomino Model in Mustang Island with lake and golf course views! This meticulously maintained single family home has 4 spacious bedrooms, 3 full baths and is move in ready! Enjoy every upgrade with beautiful quartz countertops, backsplash, plantation shutters, stunning light fixtures, decorator trim details, pebble finished garage floor, electric hurricane screens on the back of the home, newer hurricane slider in the living room, new outdoor kitchen with hood and refrigerator, stamped concrete on the lanai with newer lanai cage, custom pool and spa with privacy landscape and gorgeous views!! Immediate membership to the coveted Players Club and Spa! Enjoy the 3 pools, tiki bar, state of the art fitness, full service spa, indoor dining, tennis, pickle ball, bocce, theatre, card room, billiards room and loads of activities and events! Fabulous location with restaurants, shops, short drive to 5th ave Naples and Marco Island! This IS where you want to live!

Last Agent to Sell the Property

Sandra Hansel

ENGEL & VOELKERS NAPLES Listed on: 10/14/2024

ENGEL & VOELKERS NAPLES

Co-Listed By

Ryan O'Janovac

ENGEL & VOELKERS NAPLES

Last Buyer's Agent

Adam Radno

Epique Realty, INC

Epique Realty, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,037

Year Built

  • Built in 2005

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions: 101
  • East Facing Home
  • Gated Home

HOA Fees

Parking

  • 2 Car Attached Garage
  • Deeded Parking

Property Views

  • Lake
  • Golf Course

Home Design

  • Entry on the 1st floor
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 2,734 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • 6 Ceiling Fans
  • Ceiling Fan
  • Electric Shutters
  • Double Hung Windows
  • Floor-to-Ceiling Windows
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Lap Pool
  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Outdoor Kitchen

Utilities

  • Central Air
  • Heat Pump System
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 60698000782

Community Details

Overview

  • $7,500 Membership Fee
  • $500 Additional Association Fee
  • Private Membership Available
  • Lely Resort Community
  • Mandatory home owners association

Amenities

  • Full Service Day or Wellness Spa
  • Restaurant
  • Sauna
  • Clubhouse
  • Theater or Screening Room
  • Billiard Room
  • Business Center

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Fitness Center
  • Exercise Course
  • Community Cabanas
  • Community Pool or Spa Combo
  • Dog Park

Security

  • 24-Hour Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,037

Year Built

Built in 2005

Lot Details

0

HOA Fees

$683 per month

Parking

2

Listing Details

  • Legal Description: MUSTANG ISLAND LOT 38
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Impact Resistant Doors, Electric Shutters, Shutters - Manual, Shutters - Screens/Fabric
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Furnished
  • Numberof Ceiling Fans: 6
  • Num Unit Floor: 1
  • Price Per Sq Ft: 482.81
  • Total Floors: 1
  • Additional Rooms: Screened Lanai/Porch
  • Estimated Living Area: 2734
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedroom Description: Master BR Sitting Area, Split Bedrooms
  • Bedrooms: 4 Bed
  • Total Bedrooms: 4
  • Dining Room: Breakfast Bar, Living Dining, Eat-in Kitchen, Formal
  • Equipment: Dishwasher, Dryer, Microwave, Range, Refrigerator/Icemaker, Smoke Detector, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Great Room, Split Bedrooms
  • Interior Amenities: Cable Prewire, Foyer, Internet Available, Laundry Tub, Pantry, Smoke Detectors, Walk-In Closet, Window Coverings
  • Kitchen: Island, Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Double Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central, Reclaimed
  • Road: Private Road
  • View: Golf Course, Lake
  • Exterior Features: Outdoor Kitchen
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground
  • Private Spa Type: Below Ground

Garage/Parking

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

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric, Heat Pump
  • Heat: Heat Pump
  • Security: Gated, Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: MUSTANG ISLAND
  • HOA Fees: 723
  • HOA Fee Frequency: Quarterly
  • Maintenance: Lawn/Land Maintenance, Legal/Accounting, Manager, Reserve, Street Lights
  • Club Fee Mandatory: 5300
  • Club Fee Mandatory Frequency: Annually
  • Development Name: LELY RESORT

Association/Amenities

  • Pets: No Approval Needed
  • Development: Lely Resort
  • Amenities: Billiards, Bocce Court, Business Center, Cabana, Clubhouse, Community Pool, Community Spa/Hot tub, Dog Park, Exercise Room, Fitness Center Attended, Full Service Spa, Golf Course, Internet Access, Lap Pool, Pickleball, Private Membership, Restaurant, Sauna, Sidewalk, Streetlight, Tennis Court, Theater
  • Community Type: Gated
  • Units In Building: 1
  • Total Number of Units: 184

Fee Information

  • One Time Mandatory Club Fee: 7500
  • One Time Other Fee: 500

Lot Info

  • Builder Product: No
  • Section: 33
  • Total Area: 3171
  • Waterfront: No
  • Acres: 0.3000
  • Rear Exposure: East
  • Lot Description: Corner, Oversize
  • Lot Dimensions: 101 X 109 X 107 X 128
  • Parcel Number: 60698000782

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 4
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County
  • Tax District Type: Community Development District
  • Taxes: 10036.93
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2024
Closed on
Dec 11, 2024
Sold by
Walsh Michael T and Walsh Bridget H
Bought by
Offutt John W and Offutt Debbie
Seller's Agent
Sandra Hansel
ENGEL & VOELKERS NAPLES
Buyer's Agent
Adam Radno
Epique Realty, INC
List Price
$1,379,000
Sold Price
$1,320,000
Premium/Discount to List
-$59,000
-4.28%
Views
13
Current Estimated Value
$1,201,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$118,695
Avg. Annual Appreciation
-8.99%

Purchase Details

Closed on
Dec 13, 2023
Sold by
Walsh Michael T and Walsh Bridget H
Bought by
Walsh Bridget H and Walsh Michael T

Purchase Details

Listed on
Jan 12, 2017
Closed on
Oct 12, 2017
Sold by
Brewer David
Bought by
Walsh Michael T and Walsh Bridget H
Seller's Agent
Christina Hone
Ruby Realty & Referral Co Inc
Buyer's Agent
Sandra Hansel
Realty World J. PAVICH R.E.
List Price
$664,000
Sold Price
$545,000
Premium/Discount to List
-$119,000
-17.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%
Original Mortgage
$300,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 19, 2015
Closed on
Aug 17, 2015
Sold by
Wells Fargo Bank Na
Bought by
Brewer David
Seller's Agent
Amy Ivey
Swept Away Realty
Buyer's Agent
Tom Doyle
Sun Realty
List Price
$655,200
Sold Price
$589,000
Premium/Discount to List
-$66,200
-10.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.58%
Original Mortgage
$353,400
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 21, 2015
Sold by
Testa Richard and Testa Sharon
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 11, 2006
Sold by
Lindsey Stanley C and Lindsey Marci A
Bought by
Testa Richard and Testa Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
8.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2005
Sold by
Centex Homes
Bought by
Lindsey Stanley C and Lindsey Marci A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Offutt John W $1,320,000 None Listed On Document
Walsh Bridget H -- None Listed On Document
Walsh Michael T $545,000 Attorney
Brewer David $589,000 First International Title
Wells Fargo Bank Na $800 Attorney
Testa Richard $712,000 Attorney
Lindsey Stanley C $541,379 Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walsh Michael T $300,000
Previous Owner Brewer David $353,400
Previous Owner Testa Richard $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2024 12/11/24 Sold $1,320,000 -4.3% $483 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
10/14/2024 10/14/24 For Sale $1,379,000 +153.0% $504 / Sq Ft
10/12/2017 10/12/17 Sold $545,000 -5.2% $172 / Sq Ft View Prior Sale
08/28/2017 08/28/17 Pending -- -- --
07/20/2017 07/20/17 Price Changed $574,900 -4.2% $181 / Sq Ft
06/06/2017 06/06/17 Price Changed $599,900 -3.2% $189 / Sq Ft
05/23/2017 05/23/17 Price Changed $619,900 -1.6% $195 / Sq Ft
04/19/2017 04/19/17 Price Changed $629,900 -2.9% $199 / Sq Ft
02/23/2017 02/23/17 Price Changed $649,000 -2.3% $205 / Sq Ft
01/12/2017 01/12/17 For Sale $664,000 +12.7% $209 / Sq Ft
08/28/2015 08/28/15 Sold $589,000 -10.1% $212 / Sq Ft View Prior Sale
07/29/2015 07/29/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $655,200 -- $236 / 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
2025 $10,079 $1,047,390 $618,988 $428,402
2024 $10,037 $762,733 -- --
2023 $10,037 $693,394 $0 $0
2022 $9,383 $630,358 $0 $0
2021 $7,586 $573,053 $129,533 $443,520
2020 $7,068 $534,954 $107,464 $427,490
2019 $7,214 $544,327 $132,411 $411,916
2018 $7,258 $549,420 $155,439 $393,981
2017 $7,625 $582,881 $189,501 $393,380
2016 $7,457 $575,828 $0 $0
2015 $5,443 $433,402 $0 $0
2014 $5,453 $379,962 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224082324

Naples Area Board of REALTORS®

APN: 60698000782