Within the desired Barrington neighborhood of Pelican Bay, this
timeless estate home offers an exceptional blend of privacy,
elegance, and indoor-outdoor living. Set against picturesque lake
and golf course views, the home is surrounded by lush tropical
landscaping and features an extraordinary outdoor living experience
highlighted by an oversized pool and a screened gazebo that feels
like a private retreat. Whether enjoying a quiet morning coffee or
hosting an evening gathering under the breeze-filled canopy, the
outdoor spaces invite year-round relaxation. The single-story
residence was designed to embrace its stunning setting. The rear of
the home is lined with expansive windows that flood the living
spaces with natural light while framing beautiful views of the
pool, lake and golf course beyond. Soaring ceilings accented by
exposed beams and trusses create warmth, character, and
architectural interest throughout the great room. The spacious
floor plan was thoughtfully designed for comfortable daily living
and elegant entertaining. A large kitchen opens to generous
gathering spaces, creating a natural flow for hosting. Traditional
finishes, rich wood flooring, and classic detailing offer enduring
sophistication and a sense of timeless style. Additional features
include hurricane protection for all windows and doors, a
whole-house generator and His and Hers primary bathrooms. The
home's flexible layout provides exceptional privacy for guests,
making it well suited for year-round residents and seasonal owners
seeking a lock-and-leave lifestyle. Ideally in the heart of Pelican
Bay, residents enjoy easy access to the community's world-class
amenities, including private beach clubs, beachfront dining,
tennis, pickleball, fitness facilities, and miles of recreational
and biking paths. Just a short bike ride from the beach tram and
Pelican Bay's renowned amenities, this exceptional residence offers
the opportunity to enjoy one of Naples sought-after lifestyles.
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.
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