275 SPRING LINE Drive
About This Property
Designed to take full advantage of its exceptional waterfront setting, the property offers immediate access to deepwater boating along one of Naples' most prestigious bayfront corridors. Two private docks and a Jet Ski platform complement the expansive waterfront, while beautifully manicured grounds and secure gates create a private estate setting.
The thoughtfully designed residence spans multiple wings and is accompanied by a separate carriage house with three garage bays, supplementing the primary two-car garage for an impressive five-car capacity. At the heart of the home, the chef's kitchen features Wolf and Sub-Zero appliances, a six-burner gas range, dual Miele dishwashers and a walk-through butler's pantry. A custom bar connects seamlessly to the great room, while a formal dining space overlooking the gardens provides an elegant setting for entertaining. A dedicated club/media lounge and private fitness suite further elevate the home's exceptional lifestyle offerings.
Occupying its own secluded bayfront wing, the primary suite enjoys direct access to the pool and spa. The spa-inspired bath is beautifully appointed in stone with dual vanities, a soaking tub, oversized shower, two private water closets with Toto Neorest 700 intelligent toilets and separate dressing rooms.
Outside, expansive entertaining terraces frame a saltwater pool and integrated spa, fire pit lounge and captivating water views, creating an exceptional setting for both intimate evenings and large-scale entertaining. A 60kW whole-home generator provides additional peace of mind.
Completely transformed and offered fully furnished, this remarkable estate combines architectural pedigree, exceptional boating access and resort-caliber amenities in one of Naples' most coveted waterfront settings.
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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 |
|---|---|---|---|
| Oct 23, 2026 | Sold | ||
| Sold | |||
| Oct 2, 2026 | Listed by William Raveis Real Estate | $20,500,000 | |
| Listed by William Raveis Real Estate | |||
| Aug 26, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 12, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Feb 20, 2026 | Price Decreased |
$20,500,000
↓ $3M
(12.8%) | |
| Price Decreased | |||
Property Highlights
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Listed On
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About Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017