2426 INDIAN PIPE Way
About This Property
Offering 6 bedrooms plus a den and loft, 6 full baths, and 2 half baths, the home is crafted for both grand entertaining and private retreat. The spectacular great room features soaring ceilings, a statement fireplace, and walls of glass framing serene views of the expansive pool complex-complete with spa, outdoor kitchen/bar, and fire feature. The chef's kitchen is equally impressive, with generous storage, professional-grade appliances, and a built-in pantry.
The private master suite provides a spa-like escape, while the 5+ car garage ensures ample room for vehicles and storage. With desirable southern exposure, the residence is filled with natural light and enjoys endless views.
As a homeowner in Grey Oaks, full golf membership is available, granting access to 54 holes of championship golf, a newly renovated wellness center, lagoon-style pool, tennis, pickleball, bocce, dining venues, spa services, and more-all just minutes from downtown Naples' world-class shopping, fine dining, and white sand beaches.
This is more than a home-it is the ultimate expression of Naples luxury living.
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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%.
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 15, 2025 | In contract | - | |
| In contract | |||
| Oct 3, 2025 | Relisted | $16,500,000 | |
| Relisted | |||
| May 19, 2025 | Withdrawn | - | |
| Withdrawn | |||
| May 4, 2023 | Listed by William Raveis Real Estate | $16,500,000 | |
| Listed by William Raveis Real Estate | |||
Property Highlights
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About Central Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017