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$10,495,000

Beds
6
Baths
9.5
sq ft
10,268

1388 Great Egret Trl, Naples, FL 34105

1388 Great Egret Trl

NAPLES, FL 34105

  • 225 days on market
Situated in the esteemed Estuary at Grey Oaks, this magnificent estate embodies the essence of luxury living - blending classic and timeless design with Florida's gracious, light and bright indoor to outdoor style. This former London Bay model has over 10,000 square feet of living with 6 bedrooms, 8 full, 3 half baths, study, club room, full bar, theater, elevator and garage spaces for 4 cars. Renovations completed in November 2023 include new roof, freshly updated bathrooms, lighting and more. You are welcomed into a two-story living room with wood-beamed ceilings and stately gas fireplace. Dream kitchen boasting a spacious island, Calacatta marble, walk-in pantry, desk area and butler’s pantry. This space flows effortlessly into a dining room and family room with coffered ceilings. A haven, the large main-floor primary suite offers a sitting area, dual custom closets, resplendent dual baths and shower with state-of-the-art electric privacy feature. Resort-style backyard encompassing a heated pool, spa, raised sun deck, koi pond, covered living with electric screens/shutters, glass railing, fire bowls, summer kitchen and pool bath overlooking the water and 14th fairway.

Details

Property type

Single Family Residence

Est. home value

$8,712,540

Lot size

0.68 acres

Price per sq ft

$1,023

Year built

2002

Annual property taxes

$45,959.1

Monthly HOA fee

$991.67

Price History

03/25/2024
NABOR

NABOR #223086470

Price change
$10,495,000
-4.55%
11/21/2023
NABOR

NABOR #223086470

Listed
$10,995,000
+133.94%
05/15/2017
NABOR

NABOR #216033596

Sold
$4,700,000

Schools & Community

Neighborhood: 

Estuary at Grey Oaks

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Golf, Pool, Clubhouse, Fitness Center, Restaurant, Tennis Court(s)

Number of units in community: 

1

Negotiation Insights

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

Seller could get up to

$8,036,618
Asking price
$10,495,000
Closing costs (~8% of asking)
-$839,600
Est. remaining loan balance
-$1,618,782
Cash to seller
$8,036,618

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Angel Oak Home Loans Llc

Loan start date

December 2020

Original loan amount

$1,700,000

Est. remaining balance

$1,618,782

Interest rate

2.81%

Loan type

New Conventional, 41 year

Seller

Fred Grant Morse Iii and Samuel Ballachino

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: 07/03/2024 at 10:25 AM

Listing updated: 06/19/2024 at 10:14 AM

Listed by: Jordan Delaney, Premier Sotheby's Int'l Realty Phone #: (239) 261-6161

MLS: NABOR #223086470

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