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$12,997,500

Beds
5
Baths
5.0
sq ft
6,500

1340 Pelican Ave, Naples, FL 34102

1340 Pelican Ave

Naples, FL 34102

  • 35 days on market
Nestled along the pristine shores of Naples Bay, this exquisite estate offers the perfect fusion of luxury, comfort, and breathtaking waterfront living. With over 290 feet of direct water frontage and panoramic western-facing views, this home frames the most spectacular sunsets over the bay and canal, making it a true sanctuary for those who appreciate the finest things in life. This expansive three-story residence is set on a lush 1/3-acre lot and designed to offer unparalleled indoor-outdoor living. Built to the highest standards of durability and resilience, this home is constructed with rebar-enforced concrete, 120 pilings, and metal framing, ensuring it has withstood all hurricanes, providing peace of mind in even the harshest conditions. Enter through mahogany doors into an expansive open-concept layout, where every window showcases the beauty of the water. A grand living room with a fireplace and wet bar provides a perfect setting for gatherings, while the walk-in wine room adds an extra touch of elegance. The chef’s kitchen is a culinary dream, featuring top-of-the-line stainless steel appliances, a large island with a breakfast bar, a cozy sitting area, and a walk-in pantry, all framed by a bay-front dining area that showcases the ever-changing waterscape. Walls of glass open to spacious terraces, offering the ideal backdrop for year-round entertaining and relaxation. This home includes five spacious bedrooms, four full bathrooms, and two half-baths, with a layout that ensures privacy and comfort for family and guests. The owner's suite, located on the upper level, offers a private balcony overlooking the bay, two expansive walk-in closets, and a spa-like en-suite bathroom with a step-in shower, double vanity, and separate water closet. Three additional guest rooms are also located on this floor, providing ample space for family and visitors. The home also includes a private office with custom built-ins, a media room, and a game room, ensuring both functionality and entertainment options for every occasion. Ascend to the rooftop deck via the spiral staircase and enjoy 360-degree views of Naples Bay, the Gulf of Mexico, and beyond—truly an extraordinary vantage point to enjoy the Florida sunsets and vibrant skyline. Located just minutes from the vibrant dining, shopping, and cultural attractions of downtown Naples, this extraordinary estate offers the best of both worlds—unrivaled privacy and the ultimate Naples lifestyle. With easy access to I-75, private airports, and RSW, this is a rare opportunity to own one of the most exceptional waterfront properties in the area.

Details

Property type

Single Family Residence

Est. home value

$13,692,658

Lot size

0.33 acres

Price per sq ft

$2,000

Year built

2004

Annual property taxes

$26,540.62

HOA

No

Price History

11/16/2024

FGCMLS #224092991

Listed
$12,997,500
-13.32%
05/03/2024
NABOR

NABOR #224011869

Removed
$14,995,000
02/07/2024
NABOR

NABOR #224011869

Listed
$14,995,000

Schools & Community

Neighborhood: 

Royal Harbor

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Amsouth Bank

Loan start date

May 2003

Original loan amount

$2,000,000

Est. remaining balance

Not provided

Interest rate

5.85%

Loan type

New Conventional

Seller

Corey L Howard and Cynthia J Yag-Howard

Lender

Amsouth Bank

Loan start date

December 2002

Original loan amount

$2,000,000

Est. remaining balance

Not provided

Interest rate

6.13%

Loan type

New Conventional

Seller

Corey L Howard and Cynthia J Yag-Howard

Lender

Amsouth Bk

Loan start date

October 2000

Original loan amount

$960,000

Est. remaining balance

Not provided

Interest rate

7.96%

Loan type

Not Provided

Seller

Corey L Howard and Cynthia J Yag Howard

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 8:55 AM

Listing updated: 11/18/2024 at 3:25 PM

Listed by: Austin Kellam, Coldwell Banker Realty Phone #: (239) 262-7131

MLS: FGCMLS #224092991

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