8884 Scarlotti Place
About This Property
Built in 2022, this immaculate and well maintained "Lazio" is situated on an extra wide private homesite overlooking the lake with SOUTHERN REAR EXPOSURE! Inside, you will find 3 bedrooms plus den, 3 full baths, and just over 2,300 sq ft of open concept living space. From the moment you walk in the glass front door, you are greeted with wood look porcelain tile floors that run throughout the entire home, designer wallpaper accents in the trays, custom window treatments, designer ceiling fans & chandeliers, and two sets of sliding glass doors to the extended covered lanai with custom outdoor kitchen that can be enclosed by the motorized roll down hurricane screens. Enjoy days around the oversized GAS heated salt water pool, oversized raised spa, extra large sunshelf, and plenty of deck space for sunbathing. The kitchen is the heart of the home and features shaker cabinetry, quartz countertops, and GE Cafe appliances including a GAS cooktop, wall oven, and beverage cooler. Other fine appointments include: whole house generator; expanded 2.5 car garage; custom closet built-ins in all closets; in-ceiling speakers powered by Sonos in the great room and lanai; custom shelving & cabinetry in the den; upgraded landscaping with landscape lighting; stacked stone elevation detail; crown molding; recessed lights in every room; hurricane impact front door with matching sidelights; spacious Laundry Room with cabinetry & washer/dryer on pedestals; and more! Furniture/decor package available/negotiable.
This property comes with a CLUB/SPORTS MEMBERSHIP, granting full access to all the amenities of Esplanade Golf & Country Club (limited golf opportunities all year round!). These include the resort pool with cabanas and a poolside Bahama Bar, tennis and pickleball courts, bocce, a Koquina Day Spa, a fitness center, and a dog park. There are also 14 miles of trails and an 18-hole private golf course. On-site dining options include a restaurant, bar, wine tasting room, and a Starbucks-style cafe. The total quarterly fee of just $2,577 include property landscaping maintenance and full access to all the resort-style living amenities at Esplanade. COMING SOON TO ESPLANADE (2026): Fully renovated and expanded poolside Bahama Bar; expanded outdoor bar at the Barrel House; expanded golf practice range; and an AIR CONDITIONED INDOOR PICKLEBALL COMPLEX with four indoor courts.
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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.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2026 | In contract | - | |
| In contract | |||
| Sep 1, 2026 | Price Decreased |
$1,499,900
↓ $95K
(6%) | |
| Price Decreased | |||
| Jul 18, 2026 | Listed by William Raveis Real Estate | $1,595,000 | |
| Listed by William Raveis Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017