This lakefront Naples property presents a rare value-add investment opportunity with fundamentals that are increasingly difficult to replicate. The main residence offers a highly desirable layout that buyers consistently praise for flow, livability, and indoor-outdoor connection. The opportunity lies not in reconfiguration, but in cosmetic modernization.
In addition to the primary home, the property includes a separate garage structure with two independent rental living spaces, creating multiple income streams under one ownership. This feature alone sets the property apart from nearby comparables and significantly enhances long-term return potential.
Positioned directly on the lake, the home offers a premium location advantage over neighboring properties that lack waterfront exposure.
With an estimated $150,000 cosmetic renovation, this property can be re-positioned to compete at or above the current neighborhood ceiling while offering stronger income fundamentals. Renovation scope is straightforward and high-impact, with no structural changes and roof replaced last year.
Ideal for investors, renovators, or buyers seeking a below-market entry into lakefront Naples with built-in income potential.
Location & Lifestyle
Set in a quiet neighborhood, this estate is ideally located:
3 miles to the beach
Minutes to Mercato dining and shopping
Sidewalk access to Veterans Community Park with tennis, fields, and playgrounds
Zoned to a top-rated (9/10) public school district
This property has never experienced flooding or storm damage, offering rare peace of mind. The large .77-acre lot ensures privacy and space, with no zero lot linesjust serene lakefront living.
MLS# 224054965
Interior Features
Appliances: Electric Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Self Cleaning Oven, Wall Oven, Washer
Cooling: Ceiling Fan(s), Central Electric
Heating: Central Electric
Flooring: Carpet, Tile
Furnished?: Negotiable
Misc Interior: Split Bedrooms, Great Room, Kitchen, Living Room, Den - Study, Exercise Room, Guest Bath, Guest Room, Home Office, Workshop, Built-In Cabinets, Coffered Ceiling(s), Entrance Foyer, Pantry, Tray Ceiling(s), Volume Ceiling, Walk-In Closet(s)
Exterior/Building Features
Acres: 0.77
Building Name: SOUTHWINDS ESTATES
Community Features: None, Non-Gated
Construction Materials: Concrete Block, Stucco
Garage Spaces: 2
Levels: 1 Story/Ranch
Parking Features: Circular Driveway, Driveway Paved, Guest, Garage Door Opener, Attached
Security Features: Security System, Smoke Detector(s), Smoke Detectors
Other Exterior: Gas Grill, Balcony, Sprinkler Auto, Water Display
The data relating to real estate for sale on this limited electronic display come in part from the Broker Reciprocity Program (BR Program) of the Bonita Springs-Estero Association of REALTORS®, Florida Gulf Coast Multiple Listing Service, Inc., and the M.L.S. of Naples, Inc. Properties listed with brokerage firms other than this one are marked with the BR Icon and detailed information about them includes the name of the brokerage firm with which the seller has listed the property. The properties displayed may not be all the properties available through the BR Program.
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2024 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
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