NOT LISTED FOR SALE

Estimated Value: $4,220,000 - $5,778,000

5 Beds
7 Baths
7,738 Sq Ft
$650/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $3,225,000 $417 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $29,811/month

109 Days on Market

Highlights

  • Lake Front
  • 1 Bedroom Guest House
  • Community Cabanas
  • Pelican Marsh Elementary School Rated A
  • Golf Course Community
  • Fitness Center

About This Home

As of March 2021

Welcome to European luxury and elegance in the heart of Pelican Marsh, one of the finest golf & tennis communities in Naples. This fully estate home furnished, Villa Lago, handcrafted by Borelli Construction in 1995 using premium wood and marble imported from Italy. Professionally decorated, this estate features lush fabrics and curated furniture pieces from across Europe. Villa Lago is the largest estate in Pelican Marsh sitting on a .57 acre corner lot with a private lake, gated entry with fountain and three-car garage as well as parking for 10. This 7,760 S.F. the property includes 20ft. high chauffeured ceilings, 5 beds, 7 baths, movie theater for 8, temperature-regulated wine room, bar area and two fireplaces, one indoors and one outdoors by the pool. Envision yourself relaxing by the expansive 7,000 S.F. pool area with patio and an outdoor grill. enjoying the picturesque Florida sunsets. Sliding glass doors and private carriage gate to enable open flows between indoor and outdoor spaces. This home is perfect for the most discerning buyers.

Last Agent to Sell the Property

Joan Crompton

William Raveis Real Estate Listed on: 10/21/2020

William Raveis Real Estate

Last Buyer's Agent

Michael Jordan

License #NAPLES-249519351

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,757

Year Built

  • Built in 1995

Lot Details

  • 0.57 Acre Lot
  • Lake Front
  • Property fronts a private road
  • North Facing Home
  • Gated Home
  • Privacy Fence
  • Landscaped
  • Sprinkler System

HOA Fees

  • $128 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Golf Cart Parking
  • Deeded Parking

Property Views

  • Lake
  • Pond

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Stucco
  • Tile

Interior Spaces

  • 7,738 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Furnished or left unfurnished upon request
  • Wired For Sound
  • Bar
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • 5 Ceiling Fans
  • Ceiling Fan
  • Fireplace
  • Shutters
  • Double Hung Windows
  • Floor-to-Ceiling Windows
  • Bay Window
  • Picture Window
  • Sliding Windows
  • Casement Windows
  • La Cantina or Zero Corner Doors
  • French Doors
  • Great Room
  • Formal Dining Room
  • Media Room
  • Home Office
  • Recreation Room
  • Sun or Florida Room
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bidet
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub With Separate Shower Stall
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Monitored
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Parking

Pool

  • Heated Infinity Pool
  • Heated Pool and Spa
  • Concrete Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Shower

Outdoor Features

  • Pond
  • Balcony
  • Courtyard
  • Patio
  • Water Fountains
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Lanai
  • Outdoor Gas Grill

Additional Homes

  • 300 SF Accessory Dwelling Unit
  • 1 Bedroom Guest House
  • One Bathroom Guest House
  • Guest house includes a cabana

Schools

  • Pelican Marsh Elementary School
  • Pine Ridge Middle School
  • Barron Collier High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Powered By Gas
  • Heat Pump System
  • Underground Utilities
  • Smart Home Wiring
  • Sewer Assessments
  • High Speed Internet
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 66679201601

Community Details

Overview

  • $4,000 Secondary HOA Transfer Fee
  • Private Membership Available

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Fitness Center
  • Exercise Course
  • Community Cabanas
  • Bike Trail

Additional Features

  • Clubhouse
  • 24-Hour Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,757

Year Built

Built in 1995

Lot Details

0

HOA Fees

$128 per month

Parking

4

Listing Details

  • Legal Description: PELICAN MARSH UNIT TWO LOT 1
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 2 Story, Traditional
  • Storm Protection: Shutters - Manual
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Furnished
  • Numberof Ceiling Fans: 5
  • Price Per Sq Ft: 416.77
  • Total Floors: 2
  • Additional Rooms: Balcony, Exercise, Family Room, Florida Room, Great Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Media Room, Open Porch/Lanai, Recreation, Den/Study
  • Estimated Living Area: 7738
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7.00
  • Bedroom Description: Master BR Ground, Master BR Sitting Area
  • Bedrooms: 5+Den
  • Total Bedrooms: 5
  • Dining Room: Family Dining, Eat-in Kitchen, Formal
  • Equipment: Auto Garage Door, Cooktop - Electric, Cooktop - Gas, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Gas Grill, Home Automation, Stand-Alone Ice Maker, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Washer, Washer/Dryer Hookup, Wine Cooler
  • Flooring: Brick, Carpet, Marble, Tile, Wood
  • Floor Plan: 2 Story
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Cathedral Ceiling, Closet Cabinets, Coffered Ceiling, Fire Sprinkler, Fireplace, French Doors, High Speed Available, Laundry Tub, Multiple Phone Lines, Pantry, Smoke Detectors, Surround Sound Wired, Tray Ceiling, Volume Ceiling, Walk-In Closet, Wet Bar, Window Coverings, Zero/Corner Door Sliders
  • Kitchen: Built-In Desk, Gas Available, Island, Pantry, Walk-In Pantry
  • Primary Bathroom: Bidet, Dual Sinks, Jetted Tub, Multiple Shower Heads, Separate Tub And Shower
  • Windows: Bay, Casement, Double Hung, Picture, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block, Poured Concrete
  • Irrigation: Assessment Paid
  • Road: Private Road
  • View: Lake, Landscaped Area, Pond, Water, Water Feature
  • Exterior Features: Built In Grill, Courtyard, Decorative Shutters, Fence, Outdoor Fireplace, Outdoor Kitchen, Outdoor Shower, Patio, Pond, Privacy Wall, Private Road, Sprinkler Auto, Water Display
  • Exterior Finish: Stucco
  • Guest House: 1 Bath, 1 Bedroom, Cabana
  • Guest House Sq Ft: 300
  • Private Pool Type: Below Ground, Concrete, Heated Electric, Negative Edge
  • Private Spa Type: Below Ground, Concrete, Heated Electric, Pool Integrated
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 4
  • Parking: Circle Drive, Driveway Paved, Golf Cart, Paved Parking, Wheelchair Access

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric, Gas - Propane, Heat Pump, Zoned
  • Heat: Central Electric, Zoned
  • Security: Monitored Alarm, Gated, Guard At Gate, Patrolled, Private Security System
  • Sewer: Assessment Paid
  • Water: Assessment Paid

Condo/Co-op/Association

  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: No
  • Restrictions: Architectural, Deeded
  • Sub Condo Name: SWEET BAY
  • Maintenance: Cable, Internet/WiFi Access, Recreational Facilities, Reserve, Security, Sewer, Street Lights, Street Maintenance
  • Master Hoa Fee: 1538
  • Master HOA Fee Frequency: Annually

Association/Amenities

  • Pets: No Approval Needed
  • Development: Pelican Marsh
  • Amenities: Basketball, Bike And Jog Path, Cabana, Clubhouse, Exercise Room, Fitness Center Attended, Golf Course, Internet Access, Pickleball, Private Membership, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Golf Course, Tennis
  • Units In Building: 1
  • Total Number of Units: 1

Fee Information

  • Transfer Fees: 4000.00

Schools

  • Elementary School: Pelican Marsh Elementary School
  • High School: Barron Collier High School
  • Middle School: Pine Ridge Middle School

Lot Info

  • Builder Product: Yes
  • Section: 34
  • Total Area: 15537
  • Waterfront: Yes
  • Acres: 0.5700
  • Rear Exposure: North
  • Lot Description: Across From Waterfront, Cul-De-Sac, Dead End, Irregular Shape
  • Parcel Number: 66679201601

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District
  • Taxes: 27757.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Mar 5, 2021
Sold by
Wascher Pamela F and Wascher Thomas M
Bought by
Villa Capri Llc
Seller's Agent
Joan Crompton
William Raveis Real Estate
Buyer's Agent
Michael Jordan
List Price
$3,495,000
Sold Price
$3,225,000
Premium/Discount to List
-$270,000
-7.73%
Current Estimated Value
$5,027,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,802,219
Avg. Annual Appreciation
9.71%

Purchase Details

Listed on
Apr 17, 2017
Closed on
Jul 11, 2017
Sold by
Habegger Leon O
Bought by
Wascher Thomas M and Wascher Pamela F
Seller's Agent
Terri Moellers
Douglas Elliman Florida,LLC
Buyer's Agent
Bridgette Foster
Downing Frye Realty Inc.
List Price
$3,475,000
Sold Price
$2,850,000
Premium/Discount to List
-$625,000
-17.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%

Purchase Details

Closed on
Feb 27, 2012
Sold by
Habegger Leon O and Habegger Carol A
Bought by
Habegger Leon O

Purchase Details

Closed on
Jun 17, 2002
Sold by
Reeder David R
Bought by
Habegger Leon O and Habegger Carol A

Purchase Details

Closed on
Aug 25, 2000
Sold by
Reeder David R
Bought by
Reeder David R and Reeder Debora D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,177,500
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 1998
Sold by
Noonam Mary K
Bought by
Reeder David R

Purchase Details

Closed on
Apr 22, 1997
Sold by
M K N Design & Dev Inc
Bought by
Noonan Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.85%
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 Buyer Sale Price Title Company
Villa Capri Llc $3,225,000 Attorney
Wascher Thomas M $285,000 Attorney
Habegger Leon O $979,000 Attorney
Habegger Leon O -- --
Reeder David R -- --
Reeder David R $950,000 --
Noonan Mary K $856,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reeder David R $2,177,500
Previous Owner Noonan Mary K $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2021 03/05/21 Sold $3,225,000 -7.7% $417 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $3,495,000 0.0% $452 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $3,495,000 +22.6% $452 / Sq Ft
07/11/2017 07/11/17 Sold $2,850,000 -18.0% $292 / Sq Ft View Prior Sale
05/15/2017 05/15/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $3,475,000 -- $356 / 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 $38,869 $3,979,442 $2,247,688 $1,731,754
2024 $39,421 $3,810,024 -- --
2023 $39,421 $3,463,658 $0 $0
2022 $34,626 $3,148,780 $934,884 $2,213,896
2021 $25,283 $2,173,841 $466,845 $1,706,996
2020 $24,401 $2,114,748 $466,845 $1,647,903
2019 $27,757 $2,418,517 $828,274 $1,590,243
2018 $26,512 $2,308,605 $783,095 $1,525,510
2017 $20,685 $1,800,521 $0 $0
2016 $20,252 $1,763,488 $0 $0
2015 $20,591 $1,751,229 $0 $0
2014 $21,561 $1,687,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220067466

Naples Area Board of REALTORS®

APN: 66679201601