Description
Naples Park Luxury Corner Lot Opportunity - Unmatched potential on Vanderbilt Drive! This expansive two-story home sits on the largest corner lot in Naples Park (.42 acres) and offers unobstructed canal views just a short walk from the beach. With nearly 5,000 square feet of living space divided into three independent units, this property is a rare find--perfect for investors, developers, or extended families seeking flexible living options. Built with solid concrete block construction on both levels, the home features three private units with separate entrances, a three-car garage, additional parking, and an expansive backyard with ample room for a pool, pickleball courts, or custom outdoor amenities.
Recent renovations (2024) include hurricane-impact windows and sliders, fully remodeled kitchens and bathrooms in Units 2 and 3, new tile flooring, updated laundry room, new A/C systems, new electric panels, sprinkler system, fresh exterior and interior paint, open decks, and outdoor entertainment areas with a shower. Additional updates include a new A/C in Unit 1 (2020), new roof (2018), and a kitchen, bathroom, lighting, and flooring remodel in Unit 1 (2012).
The layout consists of: Unit 1 on the first floor with 2 bedrooms, 2 bathrooms, a den, kitchen, laundry, and spacious living/dining area; Unit 2 on the second floor with 2 bedrooms, 2 bathrooms, a den or optional third bedroom, and an open-concept kitchen and living area; and Unit 3 on the second floor, a fully remodeled 1-bedroom, 1-bathroom studio.
Centrally located minutes from Vanderbilt Beach, Wiggins Pass State Park, Mercato's dining, shopping, and nightlife, and near the upcoming Ritz-Carlton Residences, this property also offers easy access to top schools, golf, hospitals, and downtown Naples attractions.
Whether you're looking for a multi-family income property, a luxury redevelopment opportunity to build a triplex or two single-family homes, or a private retreat for extended family living, this home presents an exceptional opportunity in one of Naples' most desirable neighborhoods.
