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692 Banyan BLVD, Naples, FL, 34102

5beds
7baths
4,531sqft
$8,500,000
$1,876price/sqft
$54,944/moest. monthly cost
$2,197,760/yrincome needed

About This Home

Completed in 2024 by Gulfstream Homes and offered beautifully furnished, this exceptional Coquina Sands residence captures the essence of the Naples coastal lifestyle. On an oversized, south-facing corner lot, the property is enveloped by a lush privacy hedge that creates a secluded setting just a short distance to the beach, the Four Seasons and Fifth Avenue South. A private driveway and three-car garage with access from Banyan Circle provide added convenience and functionality, a rare offering in this desired neighborhood. Designed for effortless indoor-outdoor living, the expansive backyard is one of the property's defining features. Rarely found, the oversized outdoor space offers room to entertain, relax and enjoy the Florida sunshine with a massive resort-style pool featuring a sun shelf, spa, water features and an expansive pool deck with multiple gathering areas surrounded by tropical landscaping. The spacious covered lanai extends the living experience with a fireplace, summer kitchen and electric screens and storm shutters, creating a comfortable setting for year-round enjoyment. Inside, soaring tongue-and-groove ceilings and walls of glass fill the great room with natural light while seamlessly connecting to the outdoor living spaces. The open-concept kitchen is thoughtfully designed with custom solid wood cabinetry, quartz countertops, an oversized Sub-Zero refrigerator and freezer, an induction cooktop that is plumbed for gas, generous storage and a dedicated beverage and wine bar. The main-level primary suite is complemented by a private study and guest suite, while the second level offers a lounge with a wet bar, beverage refrigerator, three guest suites with large balcony access and a second laundry area. A private elevator, custom closet systems throughout, electric shades in private spaces, a whole-home generator with a 1,000-gallon propane tank and a location within the desirable X flood zone complete this exceptional coastal residence.

Getting Around

45
WalkingCar-Dependent
0
TransitVery Limited Transit
56
BikeBikeable

Schools

10/10
9/10
Gulfview Middle SchoolGrades 6-81.2 mi
6/10
Naples High SchoolGrades PK,9-120.9 mi

Construction

Condition

  • Year built: 2024

Materials

  • Foundation: Concrete Block
  • Roof: Tile
  • Construction materials: Block,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Cooktop,Dishwasher,Disposal,Double Oven,Dryer,Grill - Gas,Microwave,Refrigerator/Freezer,Self Cleaning Oven,Tankless Water Heater,Oven,Washer,Wine Cooler
  • Laundry features: Inside,Laundry Tub

Bedroom

  • Features: Master BR Ground, Split Bedrooms

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 7
  • Full bathrooms: 6
  • 1/2 bathrooms: 1

Dining Room

  • Features: Breakfast Bar, Dining - Living

Features

  • Laundry Tub,Pantry,Smoke Detectors,Volume Ceiling,Walk-In Closet(s),Window Coverings,Balcony,Den - Study,Great Room,Guest Bath,Guest Room,Laundry in Residence,Loft,Open Porch/Lanai
  • Door features: Impact Resistant Doors
  • Window features: Window Coverings,Impact Resistant Windows
  • Flooring: Tile,Wood
  • Fireplace features: Outside
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 6,641
  • Total interior livable area: 4,531 sqft

Kitchen

  • Features: Gas Available, Island

Property

Details

  • Parcel number: 06232640009
  • Other equipment: Generator

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: In Ground,Concrete,Equipment Stays,Electric Heat,Gas Heat
  • Patio & porch: Open Porch/Lanai
  • Exterior features: Balcony,Outdoor Kitchen,Outdoor Shower
  • Has spa: Yes
  • Spa features: In Ground,Concrete,Equipment Stays,Heated,Pool Bath
  • Has view: Yes
  • View description: Landscaped Area
  • Waterfront features: None

Lot

  • Lot size: 0.31 Acres
  • Features: Corner Lot

Parking

  • Total spaces: 3
  • Parking features: Driveway,Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters in Collier County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $42,980$515,760
Home Insurance *$5,390$64,680
Property Taxes $6,119$73,428
Electricity $455$5,471
Total$54,944$659,328
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,883,794/yr
40% on housing$1,648,320/yr
45% on housing$1,465,173/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.3%
11.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,876This listing

vs Other Active Listings

Avg $/sqft

ZIP 34102$1,872
Collier County$524

vs Homes Sold Last Month

Median $/sqft

ZIP 34102$1,238
Collier County$385

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-10Listed for sale$8,500,000
2021-02-18Sold$1,100,000

For Sale by Agent

AgentKimberly Price
BrokeragePremier Sotheby's Int'l Realty

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