Open House: Sat, Feb 1st 1:00 PM - 4:00 PM EST

Active

40 5th AVE S

NAPLES FL, 34102

$18,900,000


$2,475.44 per sqft

Active

5 Beds

7 Baths

7,635 sqft

Residential

Built in 2002

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.

224022030

MLS ID

March 11, 2024

Listed

January 28, 2025

Updated

Map

40 5th AVE S
NAPLES FL, 34102

Interior Features

Total Stories

3


Bedrooms

5


Total Bathrooms

7


Full Bathrooms

6


Half Bathrooms

1


Interior Features

Bar, Built-In Cabinets, Fireplace, Foyer, Pantry, Smoke Detectors, Wired for Sound, Walk-In Closet(s), Wet Bar, Window Coverings


Appliances

Gas Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Washer, Wine Cooler


Laundry Description

Laundry in Residence


Floor Description

Carpet, Marble, Tile, Wood


Fireplace

Yes


Cooling

Yes


Cooling Description

Ceiling Fan(s), Central Electric, Zoned


Heating

Yes


Heating Description

Central Electric, Zoned

Exterior/Building Features

Lot Size

0.29 Acres


Exterior Features

Balcony, Open Porch/Lanai, Storage


Lot Features

Cul-De-Sac, Regular


Architectual Style

Multi-Story Home, Traditional, Single Family


Roof

Tile

Other Property Details

Area Name

OLDE NAPLES


Taxes

$91,250


Tax Frequency

Annually


Days on Market

323


Association Amenities

See Remarks


Garage

Yes


Garage Spaces

3


Parking

Circular Driveway, Driveway Paved, On Street, Attached


Parking Total

3


View

Yes


View Description

Gulf, Landscaped Area


County

Collier


Water Source

Central


Pool

Yes


Pool Features

Below Ground, Concrete, Equipment Stays, Electric Heat, Pool Bath, See Remarks, Self Cleaning

Listing History

Date

Event

Price

1/25/2025

Price change

$18,900,000

-22%

Open House Schedule

Sat, Feb 1st

1:00 PM - 4:00 PM EST

Mon, Feb 3rd

1:00 PM - 4:00 PM EST

Courtesy of Mike Taranto, Coldwell Banker Realty

The IDX display contains information sourced from the Naples Area Board of REALTORS® as of 1/28/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2025 Naples Area Board of REALTORS® All rights reserved.

Data last updated 4:18 PM UTC, 1/28/2025

Powered byLuxury Presence