tomo logo

$25,900,000

Beds
6
Baths
10.5
sq ft
9,447

616 Bougainvillea Rd, Naples, FL 34102

616 Bougainvillea Rd

Naples, FL 34102

  • 2 days on market
A spectacular dream estate. This one-of-a-kind sophisticated Old Naples property with wide lake views has a spacious open floor plan of over 13,400 square feet of living space. The entrance to the home is flanked by two infinity-edge reflecting pools welcoming you into a massive two-story great room with a grand floating staircase and a formal dining room with a double-sided glass wine display built into the cabinetry. A state-of-the-art kitchen with an arched floor-to-ceiling wall of steel & glass showcases an extensive butler’s pantry ready to professionally cater a large gathering. The ground floor primary suite with a private study, an epic marble clad bathroom with indoor/outdoor showers, bedroom-sized his-and-hers custom closets, and a dedicated laundry room encompasses an entire wing of the home. 5 additional oversized bedrooms with en-suite luxurious bathrooms are spread across the 2nd floor along with a media room and a separate James Bond inspired club room with a full bar and humidor. The 60’ infinity edge pool includes an elevated spa and a covered sunken entertainment conclave accessed via a network of pool stepping-stones with a central fire pit conversation space, all surrounded by the pool's waterways. High above this intimate outdoor covered area is an elevated, stand-alone exercise facility with a large private balcony overlooking the lakefront. A smart home automation system throughout the property enhances an ease of living environment. Wolf/Subzero appliances, 3 laundry rooms, custom closets, 13 Toto #700 electric toilets, 2 Miele coffee makers, a pro sheet ironing machine, a spacious elevator, & full-home generator are a few of many custom features, along with a 5-car split garage for motor enthusiasts. The lush property is a short walk to the beach or the nearby Four Seasons Resort's restaurants & tennis courts, or a bike or golf cart ride to the restaurants & shops at 5th Ave & 3rd Street. The home is designed by MHK Architecture, built by Lotus Construction, and furnished by Freestyle Interiors. This exquisite estate from noted New England based developers Ernie Boch Jr. & Mike Barsamian will be ready for occupancy in July 2025.

Details

Property type

Single Family Residence

Est. home value

$5,271,674

Property condition

New Construction

Lot size

0.52 acres

Price per sq ft

$2,742

Year built

2025

Annual property taxes

$44,037.71

HOA

No

Price History

02/19/2025

FGCMLS #225018981

Listed
$25,900,000
+418%
01/11/2022

FGCMLS #222000615

Sold
$5,000,000
+51.52%
03/15/2021

FGCMLS #221009508

Sold
$3,300,000

Schools & Community

Neighborhood: 

Old Naples

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

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

Needham Bank

Loan start date

March 2023

Original loan amount

$14,400,000

Est. remaining balance

Not provided

Interest rate

6.13%

Loan type

Not Provided

Seller

Emb Development Llc

Lender

Mutualone Bank

Loan start date

January 2022

Original loan amount

$5,000,000

Est. remaining balance

Not provided

Interest rate

3.1%

Loan type

Commercial

Seller

Emb Development Llc

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: 02/22/2025 at 6:20 PM

Listing updated: 02/19/2025 at 10:28 PM

Listed by: Randall Porter, Jr, Paradise Realty of Naples,LLC Phone #: (239) 261-0076

MLS: FGCMLS #225018981

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