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$3,995,000

Beds
3
Baths
2.0
sq ft
1,241

692 W Lake Dr, Naples, FL 34102

692 W Lake Dr

Naples, FL 34102

  • 49 days on market
    • Price drop $500,000↓
    • Open house Apr 06
Priced to Sell - Great Opportunity! Experience Olde Naples charm at 692 W Lake Dr! This beautifully renovated 3 bedroom plus den, 2 bathroom cottage style home with single stall garage blends classic appeal with modern upgrades, offering a warm and inviting living space just waiting for you to enjoy, all within steps of 5th Avenue South and Gulf beaches! From the moment you arrive, you’ll be drawn in by the home’s character and its timeless charm, which was thoughtfully updated with the most recent renovations completed in 2023. Inside, warm wood flooring flows throughout the main living areas and bedrooms, creating an elegant yet cozy atmosphere. This home is the perfect cottage retreat or an ideal pied-à-terre, offering charm, comfort, and convenience in a beautiful setting. Designed with an open and seamless flow throughout the main living areas, it’s perfect for entertaining or simply enjoying the space to its fullest. The kitchen features honed blue azure quartzite counters, sleek new cabinets, and top-of-the-line Miele, Cafe, and Asko appliances. A wet-bar off the eat-in-kitchen offers additional cabinet storage, counter space, a beverage chiller and stand-alone ice maker, with direct lanai access for easy indoor-outdoor living. The primary bedroom is a tranquil retreat, complete with custom window treatments, a walk-in closet and an additional closet. The upgraded ensuite bath was remastered with a glass enclosed shower, dual sink vanity, and fresh tile work that brings a spa-like feel. The second and third bedrooms each offer ample closet space and share an updated bathroom with all-new fixtures and finishes. A Samsung front-loading washer and dryer make laundry day a breeze, while the Lutron lighting automation system brings modern convenience to your fingertips. The fully screened wrap around lanai is perfect for sipping morning coffee or unwinding in the evening, while the partially fenced backyard offers space for a future pool. With its blend of charm and modern updates, this home is a rare find in the heart of Naples.

Details

Property type

Single Family Residence

Est. home value

$3,222,900

Lot size

7,405 sq ft

Price per sq ft

$3,220

Year built

1951

Annual property taxes

$20,958.77

HOA

No

Price History

03/20/2025

FGCMLS #225015977

Price change
$3,995,000
-11.12%
02/14/2025

FGCMLS #225015977

Listed
$4,495,000
+68.04%
02/03/2023

FGCMLS #222075848

Sold
$2,675,000

Schools & Community

Neighborhood: 

Old Naples

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

Professional Bank

Loan start date

February 2023

Original loan amount

$1,872,500

Est. remaining balance

Not provided

Interest rate

5.75%

Loan type

New Conventional, 30 year

Seller

David N Semerjian and Lisa A Semerjian

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: 04/04/2025 at 10:05 PM

Listing updated: 04/04/2025 at 4:47 PM

Listed by: John Paul Prebish, PA, William Raveis Real Estate Phone #: (239) 231-3380

MLS: FGCMLS #225015977

FGCMLS logo

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