A marble-clad mansion in Naples has changed hands.
The French Colonial-inspired estate — at 111 Fifth Ave. S. — sold within hours of hitting the market, fetching $12 million.
While the price might not sound so impressive for swanky Naples, it’s nothing to bat an eye at in the historic neighborhood.
For subscribers: Is the local home-buying surge over? And where’s the best vacation spot for working remotely?
It’s one of the most expensive sales to happen in Old Naples over the past two years, actually ranking in the Top 5, said Naples Realtor Alex Owens, who represented the buyers.
Those rankings are based on sales made through the Southwest Florida MLS, or multiple listing service.
Owens described the home as an “architectural masterpiece,” sharing that his buyers have long admired it. The buyers could not be reached for further comment. About the French Colonial-inspired estate:
On the outside, the mansion is covered with more than $1 million worth of imported Italian marble.
The home itself spans 7,000 square feet, with five bedrooms, plus a den, and six bathrooms. It includes an oversized gourmet kitchen and large living room designed for entertaining, among other features.
Outdoors, there’s a 70-foot-long pool, and a rooftop deck offers views of the sunsets Southwest Florida has become known for.
“This residence leaves nothing to be desired,” said Owens, with Amerivest Realty.
In the Know: In the Know: What Southwest Florida communities are the fastest growing in the state, the nation, according to new census stats? Meet Gene Martin who designed the home for his own family
Noted architect and former owner Gene Martin, who designed the home for his own family, sold it, “ready to do another build,” he said.Although Martin relocated to Naples years ago, he has maintained his architectural practice in a suburb of Chicago, as well as doing high-end residential work here.He and his wife sold their sprawling Naples mansion because their kids are grown and no longer live at home. A Realtor himself, he acted as the selling agent in the deal.While Martin knew the local real estate market was hot and he had something unique to offer, he didn’t expect his home of nearly 10 years to sell as fast as it did.”It took us by surprise,” he said. “We were kind of unprepared.”As a result, they scurried to find a place to rent temporarily, moving in Friday.Martin confirmed he wants to build another distinctive home in Naples for him and his wife. First, he said, he needs to find the right location, preferably close to his last home, where everyone is so friendly.”It’s definitely very difficult to find vacant land to build on,” he said.The mansion, built in 2012, is hard to miss, as it sits at the prominent corner of Fifth Avenue South and Gulf Shore Boulevard South.While living there, Martin said he heard many positive comments about it, from neighbors and passersby. He said he was going for a European townhouse look with the prominence of marble and ironwork.Sitting on an […]
