$3,750,000
SOLD MAR 18, 2025
3 Beds
4.5 Baths
3,486 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$1,076 Per Sq Ft

6% Below List Price

193 Days on Market

Highlights

  • Water Views
  • Heated In Ground Pool
  • Gated Community
  • Pelican Marsh Elementary School Rated A
  • Two Primary Bedrooms
  • Whole House Reverse Osmosis System

About This Home

As of March 2025

Enjoy all that Mercato has to offer just outside your gated community.
Discover the ease of luxury urban living in this stunning single-family home located in the prestigious community of the Residences at Mercato. Meticulously crafted by renowned builders, Lutgert Construction, and designed by the esteemed MHK Architecture, this two-story masterpiece exudes sophistication and charm. Upon entering, you're greeted by an ambiance of coastal elegance, highlighted by expansive wood flooring that seamlessly flows throughout. Soaring two-story ceilings and an abundance of windows drench the interiors in natural light, creating an inviting and airy atmosphere. Boasting two primary suites, each adorned with custom-built closets and lavish baths. A thoughtfully designed office/den with custom built-ins and a full bath on the main level offers versatility and convenience. Entertain in style within the tranquil courtyard oasis, featuring a sparkling saltwater pool, captivating water wall feature, and a custom outdoor kitchen complete with stunning quartz countertops and backsplash. Whether hosting gatherings or savoring moments of relaxation, this outdoor sanctuary provides the perfect backdrop for every occasion. Experience a maintenance-free lifestyle at the Residences, where HOA amenities include pool cleaning, lawn maintenance, exterior pest control, window cleaning, and pressure washing—ensuring effortless living at its finest. Just outside your private gated community is Mercato with an array of upscale shops, fine dining establishments, chic salons, convenient banks, and the renowned Whole Foods market. Indulge in the ultimate blend of luxury and convenience, at this remarkable residence in the heart of Mercato.
Just 1.7 miles to Vanderbilt Beach.

Last Agent to Sell the Property

Susan Gardner

Premier Sotheby's Int'l Realty Listed on: 07/15/2024

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Susan Gardner

Premier Sotheby's Int'l Realty Listed on: 07/15/2024

Premier Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,277

Year Built

  • Built in 2019

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions: 57
  • North Facing Home
  • Privacy Fence
  • Sprinkler System

HOA Fees

  • $1,278 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Property Views

  • Water
  • Pool

Home Design

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

Interior Spaces

  • 3,486 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Sliding Windows
  • Combination Dining and Living Room
  • Home Office
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal
  • Whole House Reverse Osmosis System

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Courtyard
  • Patio
  • Attached Grill

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 69288001383

Community Details

Overview

  • Mercato Community
  • Mandatory home owners association

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,277

Year Built

Built in 2019

Lot Details

0

HOA Fees

$1,278 per month

Parking

2

Listing Details

  • Legal Description: RESIDENCES AT MERCATO REPLAT ONE LOT 9
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.255356$-81.798868$70.97$13.33$1.00$g9a57RR1PV9Hxyf9AMeo6Q
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 1075.73
  • Total Floors: 2
  • Additional Rooms: Den/Study, Home Office, Laundry in Residence
  • Estimated Living Area: 3486
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedroom Description: Master BR Ground, Master BR Upstairs, Two Master Suites
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Living Dining
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Stand-Alone Ice Maker, Microwave, Refrigerator/Freezer, Security System, Self Cleaning Oven, Smoke Detector, Tankless Water Heater, Washer
  • Flooring: Wood
  • Floor Plan: Courtyard, Split Bedrooms, 2 Story
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Internet Available, Smoke Detectors, Volume Ceiling, Walk-In Closet, Window Coverings
  • Kitchen: Gas Available, Island
  • Primary Bathroom: 2 Masters, Dual Sinks, Separate Tub And Shower
  • Windows: Impact Resistant, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block, Wood Frame
  • Irrigation: Central
  • View: Pool/Club, Water Feature
  • Exterior Features: Built In Grill, Courtyard, Patio, Privacy Wall, Sprinkler Auto
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Heated Gas, Salt Water System

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central, Reverse Osmosis - Entire House
  • Gas Description: Natural

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: No RV
  • Sub Condo Name: MERCATO
  • HOA Fees: 3835
  • HOA Fee Frequency: Quarterly
  • Maintenance: Cable, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Manager, Pest Control Exterior, Sewer, Street Lights, Water
  • Development Name: MERCATO

Association/Amenities

  • Pets: With Approval
  • Development: Mercato
  • Amenities: Internet Access, Sidewalk, Streetlight
  • Community Type: Gated
  • Units In Building: 1
  • Total Number of Units: 44

Fee Information

  • Application Fee: 100.00

Lot Info

  • Builder Product: No
  • Section: 34
  • Total Area: 3800
  • Waterfront: No
  • Acres: 0.1700
  • Rear Exposure: North
  • Lot Description: Regular
  • Lot Dimensions: 57 X 126
  • Parcel Number: 69288001383

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Taxes: 24276.85
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Mar 18, 2025
Sold by
Berry Bernie B and Berry Mary Ann
Bought by
Alvarez Walter and Alvarez Susan
Seller's Agent
Susan Gardner
Premier Sotheby's Int'l Realty
Buyer's Agent
Susan Gardner
Premier Sotheby's Int'l Realty
List Price
$3,999,000
Sold Price
$3,750,000
Premium/Discount to List
-$249,000
-6.23%
Views
43
Current Estimated Value
$3,526,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$223,451
Avg. Annual Appreciation
-7.48%
Original Mortgage
$2,700,000
Outstanding Balance
$2,686,234
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$840,315

Purchase Details

Listed on
Apr 27, 2018
Closed on
Jul 16, 2019
Sold by
Mercato Residences Llc
Bought by
Berry Bernic B and Berry Mary Ann
Seller's Agent
Amelia Russell Hoyt
Premier Sotheby's Int'l Realty
Buyer's Agent
Amelia Russell Hoyt
Premier Sotheby's Int'l Realty
List Price
$1,880,000
Sold Price
$2,057,661
Premium/Discount to List
$177,661
9.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.15%
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 Type Sale Price Title Company
Warranty Deed $3,750,000 Lutgert Title
Warranty Deed $2,057,661 Lutgert Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,700,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2025 03/18/25 Sold $3,750,000 -6.2% $1,076 / Sq Ft
01/24/2025 01/24/25 Pending -- -- --
07/15/2024 07/15/24 For Sale $3,999,000 +94.3% $1,147 / Sq Ft
07/16/2019 07/16/19 Sold $2,057,661 +9.5% $633 / Sq Ft View Prior Sale
05/03/2018 05/03/18 For Sale $1,880,000 -- $578 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
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 $25,311 $2,681,250 -- --
2024 $24,277 $2,437,500 -- --
2023 $24,277 $2,215,909 $0 $0
2022 $23,137 $2,014,463 $0 $0
2021 $20,221 $1,831,330 $431,269 $1,400,061
2020 $19,032 $1,740,308 $393,055 $1,347,253
2019 $4,944 $433,998 $433,998 $0
2018 $8,297 $738,616 $0 $0
2017 $7,360 $671,469 $671,469 $0
2016 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224057634

Naples Area Board of REALTORS®

APN: 69288001383