3168 Pacific Drive
About This Property
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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.
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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 15, 2026 | Price Decreased |
$1,049,000
↓ $50K
(4.6%) | |
| Price Decreased | |||
| Apr 16, 2026 | Listed by John R Wood Properties | $1,099,000 | |
| Listed by John R Wood Properties | |||
| Apr 14, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Feb 6, 2026 | Listed by Downing Frye Realty Inc. | $1,150,000 | |
| Listed by Downing Frye Realty Inc. | |||
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One of Riverstone’s finest homes — designed for those who value quality, privacy, and timeless style.
Set on one of the largest premium cul-de-sac lots in the community with long lake views, this meticulously maintained residence offers the rare opportunity to own a professionally designed, barely-lived-in home with over $250,000 in high-end finishes and furnishings, (offered separately.) Plenty of room remains for a large custom pool, allowing the next owner to design outdoor living exactly to their taste.
From the moment you enter through the Cantera impact glass door, the attention to detail is unmistakable — marble inlaid flooring, custom millwork, and NanaWall doors that open the living space to tranquil water views. The open floor plan is ideal for entertaining or relaxed everyday living.
The chef’s kitchen features Sub-Zero, Viking, and Thermador appliances, Taj Mahal granite, and a striking mother-of-pearl backsplash. A timeless private study offers flexibility for work or quiet retreat. Throughout the home, walnut flooring and custom Masland carpeting balance elegance with easy maintenance.
The primary suite is a true sanctuary with direct access to the outdoor living area, calming lake views, and a sense of understated luxury. Additional highlights include Control4 whole-home audio/video, a custom laundry room with abundant storage and drop zone, split A/C system, new top-of-the-line Trane HVAC, and a custom Encore garage with extra storage and utility sink.
Located in Riverstone, one of North Naples’ most sought-after communities, residents enjoy a resort-style clubhouse, full-time activities director, lap and lagoon pools, spa, fitness center, tennis, pickleball, basketball, and year-round social events. Minutes to top-rated schools, beaches, dining, and shopping.
This is a rare offering — elegant, customized, and truly one of a kind.
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About Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017