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4754 Abaca Circle
About This Property
Designed for flexibility and privacy, the residence is thoughtfully divided into a spacious main home and a fully equipped private Next Gen suite with its OWN ENTRANCE. The MAIN residence features 5 bedrooms, 3.5 baths, a 2-car garage, and an expansive upstairs loft, while the PRIVATE SUITE includes 1 bedroom with a walk-in closet, 1 bath, a FULL KITCHEN with island, a SPACIOUS living room, and dedicated 1-car garage - ideal for guests, extended family, or rental potential.
Upon entering the foyer, your eye is immediately drawn through the light-filled family room to expansive glass sliders opening to the lanai and stunning 2021 CUSTOM POOL with overflow SPA, highlighted by STRIKING BLUE LISTELLO tile. Designed for seamless indoor-outdoor living, the pool and lanai overlook a lush, private backyard framed by a clusia hedge and vibrant tropical landscaping.
At the heart of the home, the OPEN CONCEPT kitchen flows effortlessly into the family room, breakfast area, and formal dining space - perfect for everyday living and large-scale entertaining. The kitchen showcases elegant granite countertops, stainless steel appliances, a large island, and an oversized pantry, with both casual and formal dining options nearby. WINDOWS fill the home with abundant NATURAL LIGHT, enhancing its bright and welcoming ambiance.
Upstairs, a generous 13' x 24' LOFT provides the perfect space for movie nights or a secondary living area. The OWNER'S SUITE serves as a serene retreat with abundant windows and NATURAL LIGHT, dual sinks, a soaking tub, separate shower, and an expansive walk-in closet. FOUR additional bedrooms and two full baths complete the second level.
Outdoor living is equally impressive, offering AMPLE space for relaxing, grilling, and gathering around a firepit, with multiple areas for both SUN and SHADE in this exceptionally private estate setting.
Additional highlights include Storm Smart roll-down shutters on the lanai, soaring ceilings, extensive storage and closet space, crown molding, neutral tile flooring, and new high-end carpeting in bedrooms and the loft.
Located in the gated community of Raffia Preserve, residents enjoy exceptional resort-style amenities including a clubhouse, resort-style pool, fitness center, basketball court, and beautifully maintained grounds. The community offers an unbeatable North Naples location just minutes from shopping and dining at Founders Square, Vanderbilt Commons, Galleria Shoppes at Vanderbilt, and Mercato, as well as Naples' renowned white-sand beaches.
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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 |
|---|---|---|---|
| Aug 26, 2026 | Price Decreased |
$1,100,000
↓ $60K
(5.2%) | |
| Price Decreased | |||
| Jul 30, 2026 | Price Decreased |
$1,160,000
↓ $25K
(2.1%) | |
| Price Decreased | |||
| May 25, 2026 | Price Decreased |
$1,185,000
↓ $40K
(3.3%) | |
| Price Decreased | |||
| Apr 17, 2026 | Price Decreased |
$1,225,000
↓ $50K
(3.9%) | |
| Price Decreased | |||
| Feb 17, 2026 | Listed by Premiere Plus Realty Company | $1,275,000 | |
| Listed by Premiere Plus Realty Company | |||
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About Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017