When was property at 489 Cypress Way East built and last sold?

The property at 489 Cypress Way East was built in 1977 and last sold on Feb 26, 2021 for $635,000.

How much is this home worth?

The estimated value of the home located at 489 Cypress Way East is $1,178,394.

What are some comparable homes to 489 Cypress Way East?

There are currently no comparable homes to 489 Cypress Way East.

Collier

34110

North Naples

489 Cypress Way E

$1,135,000

● House - Off Market

489 Cypress Way E

Naples, FL 34110

3 Beds

3 Baths

2,714 Ft²

$6,427

Est. Monthly

7.01%

Cap Rate

About This Property

Palm River Estates - Three (3) Bedroom plus Den - Three (3) Bathroom - Two (2) Car Garage - Pool - Golf Course View (La Playa Golf Course) - Turnkey Furnished - Renovated in 2022 - Impact Windows / Sliders (Recessed) - Plantation Shutters - Picture Frame Screen Enclosure - No HOA Fees - No Rental Restrictions - No Pet Restrictions -

Unit Size

2,714 Ft²

Days on Market

179 days

Land Size

0.31 acres

Price per sqft

$424

Property Type

House

Property Taxes

$780

HOA Dues

Year Built

1977

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (SWFLMLS #224032872)

Price History

Date / Event	Date	Event
Nov 29, 2024	Sold	Premium
Sold
Oct 24, 2024	In contract	-
In contract
Jun 3, 2024	Listed by Napoli Realty Services, LLC	$1,150,000
Listed by Napoli Realty Services, LLC
Apr 8, 2024	No longer available	-
No longer available
Mar 20, 2024	In contract	-
In contract
Jan 7, 2024	Price Decreased	$1,099,000 ↓ $81K (6.9%)
Price Decreased
Nov 21, 2023	Listed by Downing-Frye Realty, Inc.	$1,180,000
Listed by Downing-Frye Realty, Inc.

	TAKING BACKUP OFFERS! Welcome to your Naples dream home in the highly sought after Palm River Estates! This large 3+den / 3 bath estate home features an elegant open floor plan perfect for entertaining, a circular driveway with plenty of space for lots of parking, swimming pool, and best of all it backs up to the gorgeous views of La Playa Golf Club course. The large, split floor-plan is flooded with natural light. Too many upgrades to list: each bedroom has its own elegantly renovated bathroom, windows and sliders are impact resistant, there is a picture frame pool enclosure to improve the view of the golf course, and an upgraded granite kitchen! NO MANDATORY HOA! Close to Mercato, Seed to Table, Hospital, Whole Foods, Trader Joes, Restaurants, Bars and Nightlife. Less than 10 minutes to the white sandy beaches! The manager has listed the unit size as 2714 square feet.
Apr 7, 2021	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1977

Effective Year Built: 2015
Building Count: 1
Bedroom Count: 0
Building Condition: 0
Building Quality: 7
Construction Type: 12
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 71
Porch Type: 0
Pool Type: 8

Dimensions

Lot Size Square Feet: 11,761

Lot Size Depth Feet: 1,400
Lot Size Frontage Feet: 820
Total Building Area: 2,714
Gross Building Area: 2,714
Building Area: 2,714
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 2,714
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: PALM RIVER ESTATE UNIT 5
Land Acres: 0000000270
Standard Land Use Code: 1001
County Land Use Code: 1
State Land Use Code: 01
Legal Description 1: PALM RIVER EST UNIT 5 BLK H LOT 12

Neighborhood

School District Name: Collier County School District

School Tax School District: DISTRICT 1
Census Tract: 010108

Zoning

Zoning: RSF-3

Geography

Assessors Map Reference: 3A23

Subdivision Tract Number: 534400
Parcel: 65421280004
Block: H
Lot: 12
Meridian: SEC 23 TWN 48 RNG 25
Municipality: COUNTY COLLIER
Latitude: 26.2847
Longitude: -81.771

Address

Full Address: 489 Cypress Way E

Legal Unit: 5
Address - House Number: 489
Street Segment Direction: E
Address - Street Name: Cypress
Address - Suffix Type: Way
State: FL
City Name: Naples
Carrier Code: R053
4-Digit Zip Code: 1107
Zip Code: 34110

Valuation

Tax

Total Area: 3,210

Tax Year: 2022
Tax Amount: $860,122
Tax Rate Code Area: 59

Appraisal Valuation

Standard Deviation: 0.0797

Valuation Date: Mar 13, 2024
Confidence Score: 94
Final Value: 1,046,391
High Value: 1,129,819
Low Value: 962,963

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Financing Type:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $791,259

Market Land Value: $319,023
Market Improvement Value: $472,236

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $791,259
Assessed Land Value: $319,023
Assessed Improvements Value: $472,236

Sales

Current Sale Contract Date: Feb 26, 2021

Current Sale Recording Date: Apr 07, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 6033571
Previous Sale Recording Date: Dec 29, 2011
Previous Sale Contract Date: Oct 12, 2011
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About North Naples

Stats & Trends

Median Asking:

$895,000

Sale Price/ft²

$486

Below Asking

0.04%

Average Days on Market

106

Average Home Size

2349 ft²

Average Home Age

29.1 years

Currently For Sale

939 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2377 Ravenna Boulevard, Naples, FL, 34109

$8,000 /mo

3 Beds
3 Baths
2,015 ft²

2377 Ravenna Boulevard #202, Naples, FL, 34109 Listing by Amber Jasper

Unit for rent at 2843 Tiburon Boulevard E, Naples, FL, 34109

$8,000 /mo

3 Beds
2 Baths
2,420 ft²

2843 Tiburon Boulevard E #7102, Naples, FL, 34109 Listing by Tracey Young

Unit for rent at 2748 Tiburon Boulevard E, Naples, FL, 34109

$7,200 /mo

1 Bed
2 Baths
1,160 ft²

2748 Tiburon Boulevard E #C301, Naples, FL, 34109 Listing by Tracey Young

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Marc Oates, Napoli Realty Services, LLC
Last Updated: 2 years ago
Data Source: SWFLMLS, MLS# 224032872

The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

489 Cypress Way E

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About North Naples

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions