tomo logo

$1,900,000

Beds
3
Baths
3.0
sq ft
2,104

5191 Mahogany Ridge Dr, Naples, FL 34119

5191 Mahogany Ridge Dr

Naples, FL 34119

  • <1 day on market
Welcome to your private retreat at 5191 Mahogany Ridge Drive, nestled in the desirable Logan Woods neighborhood. This exceptional property offers over 3 acres of serene living, providing a perfect setting to make this one your own or to build your dream home. The main residence features generous living spaces, including three bedrooms and a screen-enclosed pool, perfect for enjoying the Florida lifestyle. The kitchen is equipped with stainless steel appliances, a double oven, and a stylish marble backsplash. For those who love recreation, a tennis court is conveniently located on the property along with a pool to enjoy the sunshine. In addition to the main home, the property includes a charming guesthouse with two bedrooms and two baths. The guesthouse kitchen also features stainless steel appliances, while tile floors run throughout the living area, and cozy carpet graces the bedrooms. A screened lanai offers a peaceful outdoor space for guests to relax. This property is ideal for those looking to invest, live in the existing home, or build their dream residence. Its location provides easy access to nearby hospitals, shopping, dining, and the stunning beaches along the Gulf of Mexico. This is an extraordinary opportunity to own a piece of paradise in Logan Woods. Whether you seek ultimate privacy or proximity to local amenities, this property offers the best of both worlds. Don’t miss your chance to explore this rare offering and envision the possibilities that await.

Details

Property type

Single Family Residence

Est. home value

$1,391,421

Lot size

3.20 acres

Price per sq ft

$904

Year built

1988

Annual property taxes

$11,231.28

HOA

No

Price History

02/06/2025

FGCMLS #225014010

Listed
$1,900,000
+40.74%
02/27/2023

FGCMLS #222048327

Sold
$1,350,000

Schools & Community

Elementary school: 

VINEYARDS ELEMENTARY

Middle school: 

OAKRIDGE MIDDLE

High school: 

GULF COAST

Number of units in community: 

2

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

$1,245,961
Asking price
$1,900,000
Closing costs (~8% of asking)
-$152,000
Est. remaining loan balance
-$502,039
Cash to seller
$1,245,961

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

Seller’s Loan History

Lender

Castle Mortgage Corp

Loan start date

February 2022

Original loan amount

$535,000

Est. remaining balance

$502,039

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Robert Terence Johnson and Liza Johnson

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: 02/06/2025 at 6:25 PM

Listing updated: 02/06/2025 at 2:15 PM

Listed by: Dina Skinner, Compass Florida LLC Phone #: (305) 851-2820

MLS: FGCMLS #225014010

FGCMLS logo

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