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695 Ardmore Lane
About This Property
Waterford at Pelican Bay offers a rare single-family estate-home setting within one of Naples' most recognized coastal communities. Tucked into a quiet cul-de-sac enclave, the neighborhood features spacious homes on oversized homesites surrounded by mature tropical landscaping. Residents enjoy exclusive access to three miles of private white-sand beaches, beachfront dining, tennis and pickleball facilities, scenic walking paths, and world-class amenities-moments from Naples' finest shopping, dining, and cultural destinations. This is Pelican Bay luxury-private, timeless, and designed for exceptional coastal living. An exceptional blank canvas for the discerning buyer seeking luxury, location, and limitless potential.
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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.
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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 |
|---|---|---|---|
| Jul 3, 2026 | Listed by Calusa Bay Properties LLC | $4,795,000 | |
| Listed by Calusa Bay Properties LLC | |||
| May 29, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 2, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Mar 1, 2026 | Price Decreased |
$4,995,000
↓ $400K
(7.4%) | |
| Price Decreased | |||
| Sep 23, 2025 | Listed by Downing Frye Realty Inc. | $5,395,000 | |
| Listed by Downing Frye Realty Inc. | |||
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Panoramic 180 Lake Views!! Surround the spacious 3,043 square ft screened lanai that features a large pool, spa, outdoor kitchen with electric cooktop and bar, beautiful waterfall and ample under roof area. This home is all about enjoying outdoor entertaining. Interior features include volume ceilings, floor to ceiling windows and doors, custom wood panels and mill work, spacious en suite bedrooms. The layout provides a private wing for guests. Perfect oasis to be enjoyed inside and out!! Exterior features include a lovely paved drive, ample three car garage and a whole house generator. Situated on a lakefront cul-de-sac amongst lovely Estate homes in the upscale Waterford community. Pelican Bay is centrally located between Waterside Shops, restaurants and the Ritz Carlton Beachfront Resort. Resident amenities include three miles of beach, two private beachfront Pavilions with restaurants, facilities, chairs, lounges and cabanas provided, fitness center, spa, tennis, pickleball, kayaks, canoes and sunfish for use, miles of nature paths. This is Florida Resort Style Living at its Best.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017