38
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185 North Lake Drive
About This Property
At the heart of the home, a magazine-worthy kitchen makes a dramatic statement with a counter-to-ceiling ombre mosaic backsplash, sculptural hood and professional-grade Wolf appliances. The open great room flows naturally to the dining and family areas, while zero-corner sliders extend the living spaces to an expansive covered lanai.
Designed for year-round entertaining, the outdoor living experience includes a fully equipped summer kitchen, bar and alfresco dining, custom-detailed ceilings, fireplace, generous lounge areas, and an elevated pool and integrated spa surrounded by lush privacy landscaping.
The spacious primary suite offers room for a private office or sitting area and a serene, spa-inspired bath with freestanding tub, oversized multi-head shower, dual vanities and private water closet. Generously proportioned guest accommodations include a suite that lives like a second primary, with a walk-in closet and private outdoor access.
Beyond the residence itself is the lifestyle that makes this location extraordinary. Stroll to the end of the block for sunset on the Gulf, enjoy cocktails at HB's at Four Seasons Naples Beach Club, dinner on Fifth Avenue South, or the Farmers Market on Third Street South, then return to the privacy of North Lake Drive.
Offered move-in ready and turnkey furnished, with an attached three-car garage, everything is already in place to enjoy the season ahead, without the wait of building or the task of furnishing a new home.
A distinctive opportunity to enjoy the very best of Old Naples, six doors from the Gulf, beautifully private and entirely on one level.
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What does this mean?
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%.
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2026 | Listed by Coldwell Banker Realty | $7,499,000 | |
| Listed by Coldwell Banker Realty | |||
| May 31, 2026 | No longer available | - | |
| No longer available | |||
| Apr 1, 2026 | Price Decreased |
$7,999,000
↓ $500K
(5.9%) | |
| Price Decreased | |||
| Dec 8, 2025 | Listed by Coldwell Banker Realty | $8,499,000 | |
| Listed by Coldwell Banker Realty | |||
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A hidden gem, a stone's throw to the beach, a wow property! Must be seen in person; pictures do not do it justice. Only 700 feet to the beach on a quiet street just moments from the brand-new Naples Beach Club Four Seasons Resort, this custom single story home blends timeless Naples elegance with modern luxury. Built in 2017 and impeccably maintained by its original owner, the residence has remained dry through past weather events and reflects exceptional stewardship. Rare for this proximity to the beach, the home includes a three-car garage on almost a third of an acre, a newly renovated chef’s kitchen with Sub-Zero and Wolf appliances, and a private butler’s pantry.
Smart home integrations include Savant technology, Lutron lighting, automated storm protection, generator, and dual tankless water heaters. Legno Bastone oak flooring, custom cabinetry, and refined millwork create a warm coastal aesthetic highlighted by abundant natural light.
The primary suite provides a serene retreat with its own morning bar and direct access to the pool and spa. Each private bedroom suite is distinguished by its own beautifully finished bath, distinctive ceiling design, and substantial closet space.Outdoors, enjoy a lap pool, spa, beach shower, and a fully equipped summer kitchen ideal for entertaining.
Situated on a discreet private street in one of Naples’ most desirable beachside locations, this is an exceptional opportunity for buyers seeking the best in coastal luxury living without going vertical or worrying about flooding.
The thoughtful layout exceeds expectations. A private tour is the only way to truly appreciate the volume and flow of the living spaces.
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| May 31, 2025 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017