tomo logo

$1,600,000

Beds
4
Baths
3.0
sq ft
2,002

518 Cypress Way E, Naples, FL 34110

518 Cypress Way E

Naples, FL 34110

  • 6 days on market
    • Open house Mar 30
Stunning Palm River Estates Pool Home, Fully Renovated Modern Oasis. Welcome to this beautifully renovated 4-bedroom, 3-bathroom pool home situated on a spacious, south-facing lot within the desirable Palm River Estates in North Naples. This contemporary residence offers a luxurious living experience defined by thoughtful design, superior craftsmanship, and modern conveniences. Step inside to discover a fully renovated interior featuring gorgeous hardwood floors and an open-concept layout ideal for entertaining and comfortable family living. The gourmet kitchen showcases custom-designed wood cabinetry, top-of-the-line Bosch appliances, and an expansive center island seamlessly flowing into the great room. Every detail was carefully considered, with no expense spared, impact windows and doors, new electrical and plumbing systems, and a brand-new HVAC system and water heater, epoxy coating on the garage floor. Enjoy the convenience of a bespoke laundry room within the air-conditioned living space, complemented by a spacious pantry designed for ample storage. The versatile floor plan effortlessly accommodates family life, guests, and the modern work-from-home lifestyle. Step outside onto your aesthetically contemporary tiled pool lanai, perfect for relaxing, dining al fresco, or hosting gatherings. Located minutes away from premier shopping, dining, and pristine Naples beaches, this home perfectly combines contemporary luxury with an exceptional location. With a roof replaced in 2017, this property ensures both style and peace of mind for years to come. Don’t miss the opportunity to own this extraordinary residence in Palm River Estates, your perfect Naples retreat awaits!

Details

Property type

Single Family Residence

Est. home value

$779,018

Lot size

0.29 acres

Price per sq ft

$800

Year built

1972

Annual property taxes

$5,956.1

HOA

No

Price History

03/20/2025

FGCMLS #225029643

Listed
$1,600,000
+113.05%
07/03/2023

FGCMLS #223021423

Sold
$751,000

Schools & Community

Elementary school: 

VETERANS MEMORIAL ELEMENTARY

Middle school: 

NORTH NAPLES MIDDLE

High school: 

AUBREY ROGERS HIGH

Number of units in community: 

1

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

Lending Cntr Inc

Loan start date

June 1993

Original loan amount

$108,500

Est. remaining balance

Not provided

Interest rate

7.38%

Loan type

Not Provided

Seller

Frank W Davis and Pamela Kathleen Davis

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: 03/27/2025 at 8:35 PM

Listing updated: 03/27/2025 at 7:45 PM

Listed by: Johnathan Shirey, PA, Douglas Elliman Florida, LLC Phone #: (239) 799-5303

MLS: FGCMLS #225029643

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