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Set at the end of a quiet cul-de-sac on nearly one acre, 5000 Groveland Terrace delivers rare privacy, sweeping golf-course views, and one of the most valuable membership opportunities in Naples. This property includes a transferable golf membership to Quail West, allowing the next owner to skip the waitlist and enjoy immediate access to the club’s world-class amenities, along with a $225, 000 savings on the membership contribution.
The home is positioned to capture serene views of the lake and the green of the 14th hole on the Preserve Course, offering a stunning backdrop from morning to sunset. At the heart of the property is a beautiful courtyard pool surrounded by an inviting outdoor living area. With a fully equipped outdoor kitchen, this space is ideal for private relaxation or hosting unforgettable gatherings, creating a seamless indoor-outdoor lifestyle. In addition, the rear side of the house is an enclosed lanai, providing exceptional screened living options. For those looking to build extra bedrooms or garage bays, utilize the ample space on the WNW side of the property to round out your Naples Estate.
Inside, the home features bright, open living areas with abundant natural light. The primary suite has been thoughtfully renovated, providing a modern, tranquil retreat. A custom office offers a refined and functional workspace. Upgrades include solar panels, resurfaced pool, new AC units, pool pump & heater, kitchen appliances, exterior lighting, and updated bathrooms, enhance efficiency, comfort, and long-term peace of mind.
With its premium cul-de-sac setting, breathtaking golf and lake views, extensive renovations, and the high-value Quail West golf membership ready to transfer, this property stands out as a rare opportunity to secure both luxury and exceptional value in one of Naples’ most prestigious communities. "
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,596,000 | $3,596,000 | $3,596,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.228% | 6.086% | 6.183% |
| Monthly Tax Payment | $2,546 | $2,546 | $2,546 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $20,985 | $21,560 | $30,345 |
| Total Monthly Payment | $23,656 | $24,231 | $33,016 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.