31
Map
$1,450,000
●
House -
For Sale
5247 Cherry Wood Drive
Naples, FL 34119
3 Beds
2 Baths
1,624 Ft²
$7,351
Est. Monthly
About This Property
Discover the rare opportunity to own approximately 3.43 acres in
Logan Woods, with an impressive 180 feet of frontage along Cherry
Wood Drive, in one of Naples' most desirable estate communities.
Just 6 miles from the Gulf Beaches and the vibrant Mercato
shopping, dining, and entertainment district. This expansive and
mature property is among the largest available in Logan Woods and
offers an exceptional canvas for your dream estate. The existing
1989 residence features 3 bedrooms, 2 bathrooms, a private pool and
spa, with a detached garage. The property also features a versatile
ancillary structure, ideal for a workshop, or studio space during
new construction planning. Whether you're looking to build your
ultimate Naples retreat or enjoy the current home while exploring
your options, this competitively priced property delivers unmatched
potential, privacy and value in a prime location.
Unit Size
1,624 Ft²
Days on Market
54 days
Land Size
3.43 acres
Price per sqft
$893
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1989
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago ( #226028164)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2026 | Listed by Premiere Plus Realty Company | $1,450,000 | |
| Listed by Premiere Plus Realty Company | |||
| May 1, 2026 | No longer available | - | |
| No longer available | |||
| Feb 1, 2026 | Price Decreased |
$1,595,000
↓ $105K
(6.2%) | |
| Price Decreased | |||
| Nov 18, 2025 | Price Decreased |
$1,700,000
↓ $50K
(2.9%) | |
| Price Decreased | |||
| Aug 18, 2025 | Listed by Premiere Plus Realty Company | $1,750,000 | |
| Listed by Premiere Plus Realty Company | |||
| | |||
|
Discover the rare opportunity to own approximately 3.43 acres in Logan Woods, with an impressive 180 feet of frontage along Cherry Wood Drive, in one of Naples' most desirable estate communities. Just 6 miles from the Gulf Beaches and the vibrant Mercato shopping, dining, and entertainment district. This expansive and mature property is among the largest available in Logan Woods and offers an exceptional canvas for your dream estate. The existing 1989 residence features 3 bedrooms, 2 bathrooms, a private pool and spa, with a detached garage. The property also features a versatile ancillary structure, ideal for a workshop, or studio space during new construction planning. Whether you're looking to build your ultimate Naples retreat or enjoy the current home while exploring your options, this competitively priced property delivers unmatched potential, privacy and value in a prime location.
| |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Detached, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, High Ceilings, Bar, Walk-In Closet(s), BedroomOnMainLevel, Bathtub, DualSinks, LivingDiningRoom, MainLevelPrimary, SeparateShower, CableTv, SplitBedrooms
Appliances: Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer, Water Softener
Flooring Type: Wood
Laundry Features: Inside
Exterior Details
Square Footage: 1624
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: Resale
Architectural Style: Ranch, OneStory
Year Built: 1989
Waterfront Features: None
Building Area Total: 3678
Window Features: SingleHung
Construction Materials: Vinyl Siding, WoodFrame
Patio and Porch Features: Deck, Porch, Screened, Lanai
Pool Features: Electric Heat, Heated, In Ground, Concrete, PoolEquipment
Pool is Private
Lot Features: OversizedLot, SprinklersAutomatic
Lot Size Area: 3.43
Lot Size Units: Acres
Lot Size Acres: 3.43
Lot Size Square Feet: 149410.8
Lot Size Dimensions: 180 x 835 x 180 x 834
Water Source: Well
Financial Details
Tax Annual Amount: $2,766
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
Heating Type: Central, Electric
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: None
HOA/Condo/Coop Amenities: None
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017