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500 Ridge Drive
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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 |
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| Sep 25, 2026 | Listed by The Agency Naples | $9,495,000 | |
| Listed by The Agency Naples | |||
| Sep 21, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 25, 2026 | Listed by The Agency Naples | $9,995,000 | |
| Listed by The Agency Naples | |||
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In a market where true distinction is increasingly rare, 500 Ridge Drive presents an extraordinary opportunity to own a private contemporary estate within the prestigious enclave of Pine Ridge. Thoughtfully crafted with nearly six thousand five hundred square feet under air, this architectural showpiece masterfully blends clean modern design with warm organic finishes, creating a residence that feels both sophisticated and deeply inviting. Beyond its lushly landscaped approach, the home unfolds into expansive interiors designed for elevated everyday living and unforgettable entertaining. Five spacious bedrooms, a private office, dedicated home gym, and a versatile bonus room provide exceptional flexibility rarely found within a single residence. At the heart of the home, the remarkable white oak kitchen serves as both a functional centerpiece and design statement, featuring exquisite natural stone surfaces alongside a premier suite of Wolf, Sub-Zero, and Miele appliances. The seamless open-concept layout allows the kitchen, dining, and living spaces to flow effortlessly together beneath rich wood tones and refined contemporary detailing. The primary suite offers a tranquil retreat with bespoke closet systems and spa-inspired finishes that evoke the ambiance of a luxury resort. Whole-home automation enhances the experience with effortless convenience, while every space has been curated with an uncompromising attention to craftsmanship and comfort. Equally compelling, the outdoor living experience rivals that of a private boutique retreat. The expansive covered lanai showcases a dramatic outdoor fireplace, sunken fire bowl gathering space, and beautifully integrated entertaining areas surrounded by mature tropical landscaping that provides exceptional privacy. With a four-car garage, striking architectural presence, and one of Naples’ most sought-after locations, 500 Ridge Drive represents a rare offering where design, lifestyle, and location converge in a way that is seldom available and impossible to replicate.
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| Dec 17, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 10, 2024 | Listed by The Agency Naples | $3,250,000 | |
| Listed by The Agency Naples | |||
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Welcome to 500 Ridge Drive, an exceptional opportunity nestled in the heart of the prestigious Pine Ridge Estates, one of Naples’ most sought-after communities. This prime vacant lot offers an expansive 1.08 acres of completely dry land, providing a rare and unparalleled chance to create your dream home. Whether you envision a sprawling estate, a modern masterpiece, or a charming retreat, this blank canvas allows you to bring your architectural dreams to life. The lot's generous size offers ample space for luxurious outdoor living areas, lush gardens, and even a private pool, all while maintaining the utmost privacy and tranquility. Imagine enjoying serene mornings and peaceful evenings in your custom-designed oasis, all within the comfort of your own estate. While the setting is secluded and peaceful, Pine Ridge Estates offers the perfect balance of privacy and convenience. You’ll find yourself just minutes away from the vibrant heart of Naples. The Waterside Shops and Mercato are nearby, offering world-class shopping, fine dining, and entertainment options. A short drive will take you to the iconic 5th Avenue South and 3rd Street South, where you can indulge in gourmet dining, boutique shopping, and the charm of Naples' historic district. Plus, the beautiful white sand beaches that make Naples famous are easily accessible, allowing you to enjoy the best of both worlds—luxury living in a serene setting with the vibrant lifestyle of Naples at your fingertips. This lot at 500 Ridge Drive is not just a place to build a house; it's a place to create a legacy, a home where memories are made, and a lifestyle is defined. Don't miss this rare chance to acquire such a prime piece of real estate in one of the most coveted neighborhoods in Naples. Your dream home awaits.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017