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720 Shadow Lake LN, Naples, FL, 34108

3beds
3baths
2,953sqft
$3,995,000
$1,353price/sqft
$26,644/moest. monthly cost
$1,065,760/yrincome needed

About This Home

Situated on a corner lot in Oakmont with professional landscaping, lighting and gracious curb appeal is this outstandingly renovated residence in the ideal community of Pelican Bay. In addition to 3 bedrooms, 3 full baths , family room and office/den with a Murphy bed, the residence offers a spacious covered lanai with outdoor kitchen overlooking a heated, saltwater pool with hot tub, floating sundeck, dual waterfalls and fire feature. The chef's kitchen features a 12 foot island and 48 inch gas cooktop. The open flow living room has custom vaulted ceiling detail, the office/den has a built-in Murphy bed, the fireplaced family room includes a wet bar. Throughout is the Legno Bastone wide-board flooring, Sonos sound, Lutron lighting, camera security system and central vac. The Pelican Bay community is without equal, there's nothing like it! Beach access with attendant provided beach chairs, umbrellas, etc., The two private beach restaurants have indoor and outdoor dining, sports bars and takeout. There are exercise classes and entertainment both at the beach and at the community center. There is a top notch tennis program and pickleball has arrived at Pelican Bay. The Artis Philharmonic and Baker Art Museum are in the community as well as The Waterside Shops with restaurants and retail options for all with additional shopping, restaurants and movies nearby. The Club Pelican Bay requires separate membership. Buyers to pay the Pelican Bay Foundation fee of $10,000 at closing.

Getting Around

28
WalkingCar-Dependent
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

10/10
9/10
Pine Ridge Middle SchoolGrades 6-82.0 mi
8/10

Construction

Condition

  • Year built: 1989

Materials

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

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,Disposal,Dryer,Microwave,Refrigerator/Icemaker,Oven,Washer
  • Laundry features: Inside

Bedroom

  • Features: Split Bedrooms

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Features: Dining - Living

Features

  • Built-In Cabinets,Fire Sprinkler,Pantry,Wired for Sound,Vaulted Ceiling(s),Walk-In Closet(s),Wet Bar,Den - Study,Laundry in Residence,Screened Lanai/Porch
  • Door features: Impact Resistant Doors
  • Window features: Impact Resistant Windows,Shutters Electric
  • Flooring: Tile,Wood
  • Fireplace features: Outside
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,594
  • Total interior livable area: 2,953 sqft

Kitchen

  • Features: Island

Property

Details

  • Parcel number: 66674426559

Features

  • Stories: 1
  • Private pool: Yes
  • Pool features: In Ground,Concrete,Electric Heat
  • Patio & porch: Screened Lanai/Porch
  • Exterior features: Outdoor Kitchen
  • Has spa: Yes
  • Spa features: In Ground,Heated
  • Has view: Yes
  • View description: Landscaped Area,Water Feature
  • Has water view: Yes
  • Water view: Water Feature
  • Waterfront features: None

Lot

  • Lot size: 0.31 Acres
  • Features: Corner Lot

Parking

  • Total spaces: 2
  • Parking features: Driveway,Paved,Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Inland Flooding
Lightning
Coastal Flooding
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 $20,200$242,400
Home Insurance *$2,930$35,160
Property Taxes $3,217$38,604
Electricity $297$3,566
Total$26,644$319,728
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$913,508/yr
40% on housing$799,320/yr
45% on housing$710,506/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

$1,353This listing

vs Other Active Listings

Avg $/sqft

ZIP 34108$894
Collier County$525

vs Homes Sold Last Month

Median $/sqft

ZIP 34108$695
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
2026-06-20Price change$3,995,000
2026-03-08Listed for sale$4,395,000
2021-12-16Sold$4,200,000
2021-10-25Pending sale$4,200,000
2021-10-21Listed for sale$4,200,000
2018-08-28Sold$1,260,000
2018-05-24Pending sale$1,360,000
2018-05-13Price change$1,360,000
2018-04-12Price change$1,446,000
2018-02-17Price change$1,484,000
2018-01-04Price change$1,520,000
2017-11-13Price change$1,598,000
2017-07-21Price change$1,625,000
2017-02-22Price change$1,725,000
2017-02-07Listed for sale$1,850,000
2012-04-03Sold$1,300,000
2003-12-03Sold$845,000
2003-06-17Sold$830,000
2001-06-01Sold$711,000
1994-12-06Sold$495,000

For Sale by Agent

AgentKathy Hughes
BrokerageDowning Frye Realty Inc.

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