See Home Value
$4,600,000
● House - Off Market

8723 La Palma Lane

Naples, FL 34108
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,853 Ft²
$29,415
Est. Monthly
$3,639
HOA / Fees
2.43%
Cap Rate

About This Property

If you're looking for a home that has been remodeled and is in new, move-in condition, this is it. All new wide plank white oak wood flooring on the ground floor and new Berber-like wool carpeting in the upstairs. Experience luxury living in Bay Colony, the most exclusive enclave in Pelican Bay. This stunning Villa La Palma home is situated on the neighborhood's most coveted lot, offering tranquil water feature views and vibrant birdlife. All the old copper pipes in the house have been replaced with the new Pex piping system. The chef's kitchen features Thermidor stainless appliances, induction cooktop, oven, microwave, warming oven, quartzite countertops, a center island, and elegant cabinetry. Natural light fills the home, offering versatile spaces ideal for a home office, family room, or quiet retreat. The primary suite is a private haven with a spa-like, newly renovated bathroom, dual quartzite vanities, 2 spacious walk-in closets, and custom marble mosaics. Guests will enjoy privacy and comfort in the spacious guest suites. Residents of Bay Colony enjoy exclusive access to the Bay Colony Beach Club, a new tennis center, and all Pelican Bay amenities, including pristine beaches and scenic trails. Ideally located just minutes from Mercato and Waterside Shops, this villa offers the perfect balance of luxury and convenience.
Unit Size
3,853 Ft²
Days on Market
374 days
Land Size
0.16 acres
Price per sqft
$1,296
Property Type
House
Property Taxes
$1,249
HOA Dues
$3,639
Year Built
1996

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Last updated: 7 months ago ( #225001530)

Price History

Date / Event Date Event Price
Jan 15, 2026 Sold
Sold
Dec 9, 2025 In contract -
In contract
May 9, 2025 Withdrawn -
Withdrawn
Feb 10, 2025 Price Decreased $4,900,000
↓ $95K (1.9%)
Price Decreased
Jan 6, 2025 Listed by Premier Sotheby's Int'l Realty $4,995,000
Listed by Premier Sotheby's Int'l Realty
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Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 70
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,140
  • Lot Size Frontage Feet: 640
  • Total Building Area: 2,527
  • Gross Building Area: 2,527
  • Building Area: 2,527
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,527
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLA LA PALMA AT BAY COLONY
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • State Land Use Code: 01
  • Legal Description 1: VILLA LA PALMA AT BAY COLONY LOT 1

Neighborhood

  • School District Name: Collier County School District
  • School Tax School District: DISTRICT 1
  • Census Tract: 010215

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 3A32
  • Subdivision Tract Number: 700000
  • Parcel: 80490000229
  • Lot: 1
  • Meridian: SEC 32 TWN 48 RNG 25
  • Municipality: COUNTY COLLIER
  • Latitude: 26.2505
  • Longitude: -81.8184

    Address

  • Full Address: 8723 La Palma Ln
  • Address - House Number: 8723
  • Address - Street Name: La Palma
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Naples
  • Carrier Code: C007
  • 4-Digit Zip Code: 7755
  • Zip Code: 34108

Valuation

    Tax

  • Total Area: 3,895
  • Tax Year: 2022
  • Tax Amount: $1,578,971
  • Tax Rate Code Area: 79

    Appraisal Valuation

  • Standard Deviation: 0.2329
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 67
  • Final Value: 3,765,912
  • High Value: 4,643,171
  • Low Value: 2,888,653

    Market Valuation

  • Market Total Value: $2,735,025
  • Market Land Value: $1,701,851
  • Market Improvement Value: $1,033,174

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,431,578

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 22, 1996
  • Current Sale Recording Date: Nov 22, 1996
  • Current Sale Price:
  • Current Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Naples


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Frequently Asked Questions

When was property at 8723 La Palma Lane built and last sold?
The property at 8723 La Palma Lane was built in 1996 and last sold on Nov 22, 1996 for $1,144,000.
How much is this home worth?
The estimated value of the home located at 8723 La Palma Lane is $0.
What are some comparable homes to 8723 La Palma Lane?
There are currently no comparable homes to 8723 La Palma Lane.