Some estates are distinguished by what simply cannot be
recreated-the setting, the privacy, the views and the way a home
lives. Tucked at the end of a quiet cul-de-sac on one of Collier's
Reserve's coveted lakefront homesites, this exceptional residence
captures sweeping lake and protected preserve views with desirable
southern rear exposure and the rare opportunity for IMMEDIATE FULL
GOLF MEMBERSHIP. Created for effortless indoor-outdoor living, the
home offers nearly 4,000 square feet under air complemented by more
than 2,700 square feet of screened outdoor living. Disappearing
walls of impact-rated glass doors open the interiors to an
expansive pool and spa, generous covered lanais and a fully
equipped summer kitchen-all overlooking a peaceful backdrop of
water and preserve. Designed to accommodate gatherings of up to 100
guests yet equally inviting for quiet evenings at home, the
property delivers an uncommon combination of grand-scale
entertaining and everyday privacy. Inside, soaring 17-foot
ceilings, travertine flooring and a dramatic 700-bottle
climate-controlled wine room create an immediate sense of occasion.
The spacious kitchen is appointed with premium Thermador
appliances, a six-burner gas cooktop, oversized center island, wet
bar and walk-in pantry, with an easy flow to the home's indoor and
outdoor entertaining spaces. The first-floor primary retreat is a
private sanctuary with a spa-inspired bath featuring both indoor
and outdoor showers. Upstairs, a secluded guest suite becomes a
retreat of its own, with screened and open-air balconies
overlooking the lake and preserve-an exceptional vantage point for
enjoying the home's natural surroundings. Four beautifully
renovated bathrooms, a gas fireplace, Sonos whole-home audio,
whole-house generator and Ring security add comfort and
convenience. The oversized garage includes dedicated golf-cart
parking and an automotive lift, providing space for a third
vehicle. Beyond the residence, Collier's Reserve offers a lifestyle
as distinctive as its natural setting. Recognized as the world's
first Audubon Signature Sanctuary golf community, it encompasses
just 224 residences amid approximately 450 acres of preserved
beauty. Residents enjoy an Arthur Hills championship golf course,
tennis, pickleball, bocce, fitness, exceptional dining and kayaking
and boating along the Cocohatchee River-all minutes from Vanderbilt
Beach, Mercato and Naples' renowned shopping and dining. Private.
Lakefront. Southern exposure. Exceptional outdoor living. Immediate
golf. In a community where every home is unique, 11617 Useppa Court
stands apart for the qualities that matter most-and are the hardest
to duplicate.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Sophisticated, stylish and sunny retreat describes this beautifully renovated residence on a private cul-de-sac lot with serene southern exposure lakefront setting. IMMEDIATE FULL GOLF MEMBERSHIP AVAILABLE. This sprawling residence offering over 8,500 square feet in total area is an entertainer's delight with spectacular foyer entrance with 17-foot ceilings, huge windows, climate-controlled 700-bottle wine cooler with beautiful glass door and great room with big views and impact pocket sliding doors leading to the 2,700-square-foot lanai with ample covered and uncovered entertaining area. The sleek cook’s kitchen offers Thermador appliances, six-burner gas stove, double oven, center island, bar area and huge walk-in pantry. Many improvements include four stunning renovated baths, exquisite light fixtures, new roof and screened enclosure in 2018, two new water heaters in 2022, marble floors in living area and guest suite, wood floors in owner’s suite and study, generator, gas fireplace, built-in safe, Sonos sound system and speakers throughout living area, Ring security and summer kitchen with Artisan grill and sink. The large owner’s suite offers beautiful views, two walk-in closets, large bath with private garden setting with inside and outside showers. Huge private guest suite upstairs with large screened and open balcony overlooking the lake. Long driveway leads to the fabulous oversize 927-square-foot garage with built-in cabinets, third bay for golf cart and car lift for the auto collector. Negotiable furniture package and pristine condition make this home move-in ready. Collier’s Reserve's natural beauty of 450 acres was recognized as the world’s first Audubon Signature Sanctuary community and offers world-class club amenities, championship golf, active tennis, pickleball and bocce, newer fitness center, excellent food with friendly staff, and overall superb location in Naples, less than two miles to Vanderbilt Beach.
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