$10,000 Closing Credit¹
#224098436, Dennis Steele, Listing Office: Naples Realty Services, Inc.
$1,520,000 List price
518 Cypress Way E Naples, FL 34110
$10,000
Closing credit¹
4 beds
3 full
2,002 sqft
0.3 acres
$759 / sqft
House
Property details
About 518 Cypress Way E
Stunning Palm River Estates Pool Home, Fully Renovated Modern Oasis. Welcome to this beautifully renovated 4-bedroom, 3-bathroom pool home situated on a spacious, south-facing lot within the desirable Palm River Estates in North Naples. This contemporary residence offers a luxurious living experience defined by thoughtful design, superior craftsmanship, and modern conveniences. Step inside to discover a fully renovated interior featuring gorgeous hardwood floors and an open-concept layout ideal for entertaining and comfortable family living. The gourmet kitchen showcases custom-designed wood cabinetry, top-of-the-line Bosch appliances, and an expansive center island seamlessly flowing into the great room. Every detail was carefully considered, with no expense spared, impact windows and doors, new electrical and plumbing systems, and a brand-new HVAC system and water heater, epoxy coating on the garage floor. Enjoy the convenience of a bespoke laundry room within the air-conditioned living space, complemented by a spacious pantry designed for ample storage. The versatile floor plan effortlessly accommodates family life, guests, and the modern work-from-home lifestyle. Step outside onto your aesthetically contemporary tiled pool lanai, perfect for relaxing, dining al fresco, or hosting gatherings. Located minutes away from premier shopping, dining, and pristine Naples beaches, this home perfectly combines contemporary luxury with an exceptional location. With a roof replaced in 2017, this property ensures both style and peace of mind for years to come. Don’t miss the opportunity to own this extraordinary residence in Palm River Estates, your perfect Naples retreat awaits!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size2,002 sqft
Lot size0.29 Acres
Year built1972
ParkingAttached, Garage, Garage Door Opener
MLS #225029643
Attached garage2 spaces
ViewGolf Course, Other
Private poolYes
Virtual tour
Summary
- Full Bathrooms: 3
- Appliances: Double Oven, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Refrigerator, Washer
- Flooring Type: Tile, Wood
- Interior: Built-in Features, Dual Sinks, Family/Dining Room, Living/Dining Room, Pantry, Shower Only, Separate Shower, Walk-In Pantry, Walk-In Closet(s), Split Bedrooms
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: Yes
- Parking: Attached, Garage, Garage Door Opener
- Waterfront: None
- View: Golf Course, Other
- Exterior: Fence, Security/High Impact Doors
- Architectural Style: Ranch, One Story
- Heating: Central, Electric
- Cooling: Central Air, Ceiling Fan(s), Electric
- List Price: $1,520,000
- Price/SqFt: $759
- Annual Tax Amount: $5,241
- Tax Year: 2023
- Lot: Rectangular Lot
- Year Built: 1972
- Stories: 1
- Living Area: 2,002 SqFt
- Lot Size: 0.29 Acres
- MLS Number: 225029643
- MLS Name: SWFL
- Office Name: Douglas Elliman Florida, LLC
- Office Phone: (239) 799-5303
- Office Email: lena.white@elliman.com
- Listing Agent: Johnathan Shirey, PA
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2025, 4:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,520,000
518 Cypress Way E
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 05, 2023 | Home Sold | $751,000 |
| Sep 20, 1999 | Home Sold | $175,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $410,176 | $5,241 |
| 2022 | $372,887 | $4,650 |
| 2021 | $338,988 | $4,650 |
| 2020 | $308,171 | $4,232 |
| 2018 | $326,686 | $3,815 |
| 2017 | $364,010 | $4,256 |
History based on county public records data.
Nearby schools
8
Veterans Memorial Elementary School
Public District KG-5
1.3 mi
•15960 Veterans Memorial Blvd
9
Pelican Marsh Elementary School
Public District KG-5
2.1 mi
•9480 Airport Pulling Rd N
8
Naples Park Elementary School
Public District PK-5
2.1 mi
•685 111th Ave N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $99,393. Typical income of Naples, FL residents is between $35k-100k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
10%
<35k
40%
35k-100k
21%
100k-200k
29%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
28%
Single, No Kids
5%
Single, with Kids
52%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
6%
12-17 yrs old
10%
18-34 yrs old
44%
35-64 yrs old
31%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Hiking/backpacking
Symphony or Opera
Where do the neighbors shop?
Chico's
Nordstrom Rack
Stein Mart
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
Boston Market
What do the neighbors drive?
Cadillac
Mazda
Lincoln
What do the neighbors listen to?
Classical
Rock
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Naples, FL
Naples provides a range of transportation options, including local bus services with established routes and schedules. The city's layout and infrastructure support a comfortable driving experience, with well-maintained roads and easy access to major highways. While Naples is known for its walkable downtown area, the city also has areas that are more car-dependent. Ride-sharing services are readily available, offering an alternative mode of transportation for residents and visitors alike.
The city is served by a number of educational institutions, including public and private schools that cater to a range of educational needs. Healthcare is well-represented with several hospitals and clinics offering a variety of services from emergency care to specialized treatments. Naples also boasts a rich assortment of retail and dining options, with an emphasis on luxury shopping and gourmet cuisine that mirrors the city's affluent culture.
Naples is celebrated for its upscale ambiance and relaxed coastal living. The community prides itself on its pristine beaches, world-class golf courses, and vibrant arts scene. Annual events such as the Naples Winter Wine Festival and the Mercato Wine & Food Festival highlight the city's appreciation for fine living and culinary excellence.
Naples offers a diverse array of housing options, with a significant emphasis on single-family homes that make up a large portion of the market. These homes often feature Mediterranean and coastal architectural styles, reflecting the city's seaside heritage. Luxury condominiums and villas are also prevalent, providing alternatives for those seeking a maintenance-free lifestyle. The housing market here is dynamic, with a mix of both historic homes and newer developments.
About 518 Cypress Way E
The listing price of 518 Cypress Way E property is $1,520,000.
The property 518 Cypress Way E is a house located in Naples, Florida, 34110.
Active Listing: 518 Cypress Way E is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 518 Cypress Way E are: Veterans Memorial Elementary School (GreatSchools Rating 8/10), Pelican Marsh Elementary School (GreatSchools Rating 9/10), Naples Park Elementary School (GreatSchools Rating 8/10), North Naples Middle School (GreatSchools Rating 9/10), Oak Creek Charter School of Bonita Springs (GreatSchools Rating 2/10), Bonita Springs Middle Center for the Arts (GreatSchools Rating 5/10), Gulf Coast High School (GreatSchools Rating 7/10), Barron Collier High School (GreatSchools Rating 9/10), Bonita Springs High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $5,241 (source: MLS/based on county public records data).
The last sale was on July 5, 2023 for $751,000 (source: MLS/tax record).
The property at 518 Cypress Way E has 4 bedrooms and 3 bathrooms.
The property 518 Cypress Way E is 2,002 SqFt (source: MLS/tax record).
The year of construction for 518 Cypress Way E is 1972.
This home is located at 518 Cypress Way E in Naples, FL and zip code 34110. This 2,002 square foot home, which was built in 1972, sits on a 0.29 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $1,520,000.
Naples, FL housing market in April 2025 saw over 26 listings sold above listed price, more than 72 sold at listed price and over 678 sold below. The number of homes for sale in Naples, FL increased by 2% between March and April 2025. The median list price of listings available in April 2025 was $633,747, while the average time on the real estate market was 81 days.
From Rocket Homes Real Estate and based on county public records data.