491 Wedge Drive
About This Property
Discover an opportunity to own nearly 4,000 sq. ft. of coastal luxury in one of Naples' most coveted neighborhoods-THE MOORINGS-just minutes from the Gulf. Impeccably designed with no detail spared, this show-stopping residence blends sophisticated design with effortless functionality. With a grand GROUND-FLOOR PRIMARY SUITE, it's gracious, easy living at its VERY BEST!
Step into the heart of the home: a NEW chef-inspired KITCHEN with high-end appliances including a VIKING Stove with six gas burners, griddle, and two ovens, a Viking refrigerator, BOSCH dishwasher, an elegant butler's pantry & a custom coffee/bar station with wine cooler. From vaulted ceilings and crown moldings to the sweeping staircase rising from a grand foyer, timeless architecture meets modern flair.
The floor plan offers FOUR EN-SUITE BEDROOMS, a home OFFICE, a bonus LOFT, and TWO POWDER ROOMS. The FIRST-FLOOR PRIMARY SUITE is a true sanctuary, featuring a spa bath, a walk-in closet, and a serene pool access with a tropical view. Step outside into your BACKYARD OASIS, designed for year-round entertaining. Enjoy a heated SALTWATER POOL and spa, OUTDOOR KITCHEN with icemaker and refrigerator, tropical landscaping, & a fire pit that invites evenings under the stars-all behind a fully fenced yard that ensures privacy with ambiance. The 4-CAR GARAGE with mini-split air conditioners is incomparable. As a resident of The Moorings, you'll have the option to join the Moorings Property Owners Association, offering private BEACH ACCESS, dedicated parking, & a dining pavilion STEP FROM THE SAND.
Whether you're hosting friends, savoring quiet luxury, or catching sunsets at the beach, this home delivers the ultimate Naples lifestyle-elegant, effortless, & most EXCEPTIONAL!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 5, 2026 | Sold | ||
| Sold | |||
| Sep 17, 2025 | In contract | - | |
| In contract | |||
| Jul 4, 2025 | Price Decreased |
$3,500,000
↓ $499K
(12.5%) | |
| Price Decreased | |||
| Jun 18, 2025 | Listed by Compass Florida LLC | $3,999,000 | |
| Listed by Compass Florida LLC | |||
| Jun 12, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
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About Naples
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017