Olde Naples, 40 S 5th Ave Naples, FL, 34102

24,000,000(-21.25% )
$18,900,000Price
5Beds
6 1/2Baths
7,635SqFt

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Parking: 3
Size: 7,635 ft2 / 709 m2
Price: $2,475 ft2 / $26,646 m2
Built: 2002
HOA: N/A
MLS Number: 224022030
View: Gulf, Landscaped Area
Updated: 1 Days ago
Page Views: 0
Wow a $5,100,000 price reduction for this intown and almost beach front location located on popular 5th ave s in old naples the elevation is high and dry with views of the gulf just 1-home in from the white sugar sandy beach. A magnificence two story home that looks like a castle with 5 bedrooms, 7 baths, library/ Office, entertainment grand parlor/ Bar, wine room, pool/spa 5 open terraces and a roof top deck to watch sunset! High impact glass windows, poured concrete construction and architectural curved walls, rotunda ceilings 24’ ceiling height in foyer with 6’ chandelier by john walker.impressive curb appeal with circular driveway, power gates, paver walkways & lush landscaping of topical plantings boarder the 85’ x 150’ lot. Rear alley access to 3 car garage & elevator that serves to all living levels. Everyone is raving about the kitchen and the countertops that look like leather. A custom blend of granite and quartz (quartzite) artisans created this rich color “jabot brown suede” that in center island to this dream kitchen: 2- dishwashers, 2 refrigerator drawers, deep custom drawers, custom china buffet, walk-in pantry, sub zero refrigerator, ice maker and more. The dining room has a climate controll wine room (800 bottles). Upon arrival, guest are greeted in a two story grand foyer with dramatic staircase. The fireplace living room adjacent to the wine room for intimate retreats ultimate venues for family friends gatherings. Family room filled with light and french doors that lead out to spacious open air terrace with views of the gulf. Ultimate culinary chefs kitchen /viking gas stove, the center island is jatoba brown suede quartzite a work of art on all the counters perfect combination to the rich wood cabinetry, 2 dishwashers, butlers pantry, built-in china cabinets, refrigerator drawers, separate ice maker, sub zero refrigerator & freezer. The architect designed a dining area in the round with rotunda ceiling opens that brings the family and guest together. First level- luxurious primary suite with stain glass window in bathroom, large walk in closet. Laundry room with porthole window and spacious counters and storage. Second level the parlor is like stepping into a hollywood movie set. The detailed millwork, the custom built wood bar, entertainment area that flows with ease to adjacent office/ Library. French doors open to magnificent open terrace with view of the gulf of mexico. Four large guest bedrooms each with private bathrooms. An outside spiral staircase to the roof top decks with built in seating to enjoy sunset. Tucked on south side is the pool, spa and private bath. This home was designed to entertain and is the perfect venue for philanthropy events and family celebrations! Its an active fun lifestyle to walk to all the shops, restaurants, parades, art shows, right here on 5th avenue s. The beach walks and swims will energize your soul. A legacy property perfect for multigenerational gatherings.
Features
Bedrooms
Bedrooms: 5
Bathrooms
Bathrooms: 6
Half Bathrooms: 1
Exterior and Lot Features
Exterior Features: Balcony, Open Porch/Lanai, Storage
View: Gulf, Landscaped Area
Price History
01/24/2025

Date

Price Reduced

Event

$18.9M

Price

-21.25%

Change Rate

$2,475 ft2 / $26,646 m2

Price Per

03/11/2024

Date

Listed

Event

$24M

Price

$3,143 ft2 / $33,836 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Mike TarantoColdwell Banker Realty • Buyer Agency Compensation .

Instant Comparative Market Analysis
$100/ft²
$900/ft²
$1,900/ft²
$2,800/ft²

Unit 40 S 5th Ave – Asking

$N/A/ft²

Closed Medium $/ft²

$1,402/ft²
Community $/Price Range (Closed) $373/ft² – $2650/ft²
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Naples High-End Homes & Condos
Olde Naples Communities in Naples, FL
Inactive Segment 136