This Port Royal Estate has achieved unparalleled recognition by achieving not just one, but 5 prestigious Sand Dollar Awards, the most notable being the highly sought-after Product Design of the Year award. This is an incredible opportunity to own a masterfully designed custom Port Royal home, perfectly positioned on an oversized lot and half with a remarkable 177’ of water frontage. Featuring highly desirable and rarely available southern exposure, this breathtaking estate was built in 2024 by Knauf- Koenig Group and designed by Kukk Architecture to the highest possible standards and specifications. Exquisitely appointed with materials imported from around the world, the light-filled home offers the utmost in privacy and comfort with spectacular and expansive views of Naples Bay. This visually stunning residence sets a new standard for ultra-luxury properties in Naples. At over 11,500 square feet, the home feels like a true oasis, offering incredible amenities including an exercise room, studio, luxurious second floor spa, and more. The vast exterior living space features a stunning outdoor kitchen, a beautiful al fresco dining area, BBQ grill, multiple fire pits, one with a large seating area, enormous infinity edge pool and relaxing spa. This magnificent residence is a true one-of-a-kind offering the best of the Naples luxury lifestyle for the most discerning client.
Sold for $40,000,000
$40,000,000
860 Admiralty Parade E, NAPLES, FL 34102
5beds
11,559sqft
Single Family Residence
Built in 2024
0.76 Acres Lot
$39,943,600 Zestimate®
$3,461/sqft
$131,395 Estimated rent
Home value
$39,943,600
$35.95M - $44.34M
$131,395/mo
Zestimate® history
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List your homeWhat's special
Stunning outdoor kitchenExercise roomBbq grillSouthern exposureOversized lotMultiple fire pitsEnormous infinity edge pool
Zillow last checked:
Listing updated:
Listed by:
Taylor Canada 239-289-0660,
Gulf Coast International Prop
Bought with:
Frank Sajtar, LLC
William Raveis Real Estate
Source: SWFLMLS,MLS#: 225079682
Originating MLS: Naples
Originating MLS: NaplesFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
Rooms
- Room types: Balcony, Den - Study, Exercise Room, Family Room, Great Room, Guest Bath, Guest Room, Office, Open Porch/Lanai, Screened Lanai/Porch, 5 Bedrooms Plus Den
Bedroom
- Features: First Floor Bedroom, Master BR Ground, Master BR Upstairs, Two Master Suites
Dining room
- Features: Dining - Family, Eat-in Kitchen
Kitchen
- Features: Gas Available, Island, Walk-In Pantry
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air, Humidity Control, Zoned
Appliances
- Included: Dishwasher, Disposal, Double Oven, Dryer, Grill - Gas, Ice Maker, Microwave, Pot Filler, Range, Refrigerator/Freezer, Reverse Osmosis, Safe, Self Cleaning Oven, Tankless Water Heater, Oven, Warming Tray, Washer, Water Treatment Owned, Wine Cooler
- Laundry: Inside, Laundry Tub
Features
- Built-In Cabinets, Cathedral Ceiling(s), Closet Cabinets, Custom Mirrors, Fireplace, Foyer, French Doors, Laundry Tub, Pantry, Smoke Detectors, Wired for Sound, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Coverings, Balcony, Den - Study, Exercise, Family Room, Great Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Open Porch/Lanai, Screened Lanai/Porch
- Flooring: Tile, Wood
- Doors: French Doors, Impact Resistant Doors
- Windows: Window Coverings, Impact Resistant Windows, Shutters Electric
- Has fireplace: Yes
- Fireplace features: Outside
- Furnished: Yes
Interior area
- Total structure area: 14,494
- Total interior livable area: 11,559 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached
- Attached garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio, Open Porch/Lanai, Screened Lanai/Porch
- Exterior features: Dock, Balcony, Outdoor Grill, Fire Pit, Outdoor Kitchen, Boat Lift, Elec Avail at dock, Water Avail at Dock
- Has private pool: Yes
- Pool features: Community, In Ground, Concrete, Gas Heat, Infinity, Salt Water
- Has spa: Yes
- Spa features: In Ground, Concrete, Heated, Bath
- Fencing: Fenced
- Has view: Yes
- View description: Bay, Mangroves, Preserve, Water
- Has water view: Yes
- Water view: Bay,Water
- Waterfront features: Bay, Mangrove, Rip Rap
- Frontage type: Bay/Harbor
Lot
- Size: 0.76 Acres
- Features: Dead End, Oversize
Details
- Additional structures: Tennis Court(s), Outdoor Kitchen
- Parcel number: 16810800002
- Other equipment: Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Florida
- Property subtype: Single Family Residence
Materials
- Block, Metal Frame, Concrete, Stucco
- Foundation: Concrete Block, Pillar/Post/Pier, Poured Concrete
- Roof: Tile
Condition
- New construction: Yes
- Year built: 2024
Utilities & green energy
- Gas: Propane
- Water: Central, Filter, Softener
Community & HOA
Community
- Features: Pool, Fitness Center, Restaurant, Tennis Court(s), Non-Gated
- Security: Security System, Smoke Detector(s)
- Subdivision: PORT ROYAL
HOA
- Has HOA: No
- Amenities included: Beach - Private, Beach Club Available, Pool, Fitness Center, Private Membership, Restaurant, Tennis Court(s)
Location
- Region: Naples
Financial & listing details
- Price per square foot: $3,461/sqft
- Tax assessed value: $24,532,374
- Annual tax amount: $103,970
- Date on market: 11/17/2025
- Lease term: Buyer Finance/Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/13/2026 | Sold | $40,000,000-7%$3,461/sqft |
Source:  SWFLMLS #225079682 Report a problem | ||
| 3/31/2026 | Pending sale | $42,995,000$3,720/sqft |
Source: SWFLMLS #225079682 Report a problem | ||
| 11/17/2025 | Price change | $42,995,000-4.3%$3,720/sqft |
Source: SWFLMLS #225079682 Report a problem | ||
| 12/4/2024 | Listed for sale | $44,950,000+328.1%$3,889/sqft |
Source: SWFLMLS #224093367 Report a problem | ||
| 12/22/2020 | Sold | $10,500,000-16%$908/sqft |
Source:  NABOR FL #220010566 Report a problem | ||
| 11/25/2020 | Pending sale | $12,495,000$1,081/sqft |
Source: William Raveis Real Estate #220010566 Report a problem | ||
| 3/6/2020 | Listed for sale | $12,495,000+163.1%$1,081/sqft |
Source: William Raveis Real Estate #220010566 Report a problem | ||
| 1/31/2000 | Sold | $4,750,000$411/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $204,559 +10.8% | $20,889,712 +10% |
| 2024 | $184,689 +77.6% | $18,990,646 +121.7% |
| 2023 | $103,971 +13.9% | $8,565,151 +10% |
| 2022 | $91,320 +7.3% | $7,786,501 -6.1% |
| 2021 | $85,075 +10.6% | $8,290,822 +9.4% |
| 2020 | $76,954 -15.3% | $7,580,570 -8.2% |
| 2019 | $90,823 +10.7% | $8,258,270 +10% |
| 2018 | $82,080 | $7,507,518 +10% |
| 2017 | $82,080 +9.2% | $6,825,016 +10% |
| 2016 | $75,133 +17% | $6,204,560 -1.7% |
| 2015 | $64,193 -7.6% | $6,312,428 +10% |
| 2014 | $69,510 +6.6% | $5,738,571 -1.3% |
| 2013 | $65,224 +9.2% | $5,813,499 +10% |
| 2012 | $59,713 +12.7% | $5,284,999 +10% |
| 2011 | $52,987 -15.1% | $4,804,545 -4.9% |
| 2010 | $62,427 -2.9% | $5,051,036 -12.2% |
| 2009 | $64,309 | $5,751,701 -9% |
| 2008 | $64,309 -16.1% | $6,317,635 -6.6% |
| 2007 | $76,629 +19.5% | $6,761,305 +0.7% |
| 2006 | $64,119 | $6,714,812 +26.5% |
| 2005 | $64,119 +7.7% | $5,308,627 +8.9% |
| 2004 | $59,561 -1.9% | $4,876,296 +0.5% |
| 2003 | $60,699 +1.3% | $4,854,134 +2.6% |
| 2002 | $59,941 -44% | $4,732,529 +14.8% |
| 2001 | $107,057 +156.4% | $4,123,453 |
| 2000 | $41,762 | -- |
Find assessor info on the county website
Neighborhood: Port Royal
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Nearby schools
GreatSchools rating
- 10/10Lake Park Elementary SchoolGrades: PK-5Distance: 4.6 mi
- 9/10Gulfview Middle SchoolGrades: 6-8Distance: 3.2 mi
- 6/10Naples High SchoolGrades: PK,9-12Distance: 5.1 mi
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$39,943,600
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- Florida
- Collier County
- Naples
- 34102
- Port Royal
- 860 Admiralty Parade E
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