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Presented by![]() Leila Kallop |
Priced to Sell - Great Opportunity! Experience Olde Naples charm at 692 W Lake Dr! This beautifully renovated 3 bedroom plus den, 2 bathroom cottage style home with single stall garage blends classic appeal with modern upgrades, offering a warm and inviting living space just waiting for you to enjoy, all within steps of 5th Avenue South and Gulf beaches! From the moment you arrive, you’ll be drawn in by the home’s character and its timeless charm, which was thoughtfully updated with the most recent renovations completed in 2023. Inside, warm wood flooring flows throughout the main living areas and bedrooms, creating an elegant yet cozy atmosphere. This home is the perfect cottage retreat or an ideal pied-à-terre, offering charm, comfort, and convenience in a beautiful setting. Designed with an open and seamless flow throughout the main living areas, it’s perfect for entertaining or simply enjoying the space to its fullest. The kitchen features honed blue azure quartzite counters, sleek new cabinets, and top-of-the-line Miele, Cafe, and Asko appliances. A wet-bar off the eat-in-kitchen offers additional cabinet storage, counter space, a beverage chiller and stand-alone ice maker, with direct lanai access for easy indoor-outdoor living. The primary bedroom is a tranquil retreat, complete with custom window treatments, a walk-in closet and an additional closet. The upgraded ensuite bath was remastered with a glass enclosed shower, dual sink vanity, and fresh tile work that brings a spa-like feel. The second and third bedrooms each offer ample closet space and share an updated bathroom with all-new fixtures and finishes. A Samsung front-loading washer and dryer make laundry day a breeze, while the Lutron lighting automation system brings modern convenience to your fingertips. The fully screened wrap around lanai is perfect for sipping morning coffee or unwinding in the evening, while the partially fenced backyard offers space for a future pool. With its blend of charm and modern updates, this home is a rare find in the heart of Naples.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,995,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 772.678.9598
Leila.Kallop@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,196,000 | $3,196,000 | $3,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.811% | 6.475% | 6.309% |
Monthly Tax Payment | $1,747 | $1,747 | $1,747 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,162 | $19,939 | $27,186 |
Total Monthly Payment | $21,034 | $21,811 | $29,058 |
* 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.