2 Bed Townhouse for Sale in Pelican Ridge
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For SaleMLS# 226023938

$399,900

2 Bed Townhouse for Sale in Pelican Ridge

870 Meadowland Drive F, Naples, FL, 34108

2 beds2.5 baths1,360 sqft1 garage
GatedCommunity Pool

About this home

Perfect location just a short walk to Vanderbilt Beach! This spacious 2-bed townhouse in Pelican Ridge is drenched in natural light! The property is a traditional 2-story townhome with a large great room and dining area and a bonus office space on the main level. This unit has a one-car garage perfect for storing an auto plus beach chairs, golf clubs or whatever you need for a resort lifestyle. The bedrooms are oversized with plenty of space for guests. Pelican Ridge is just a block away from the upscale shopping and dining of Mercato, and Whole Foods is just around the corner! The generous lease policy (12 leases per year with 30 day minimum) makes this attractive for an investor as well. The low fees cover all exterior maintenance as well as the community pool.

Property details

Type
Townhouse
Year built
1988
Interior
1,360 sqft
Lot size
Not specified
Acreage
Not specified
Garage
1 car
Days on market
66
Total association fees
$8,100/yr (~$675/mo)
CDD
None
Est. taxes (1.4%)
$5,599/yr
Flood zone (area est.)
No · Low risk (X)
Storm protection
None listed
Exposure
Southeast
Waterfront
No
Gulf access
No
Gulf access type
N/A
Pool
No
Spa
No
Natural gas
No
Water
Public
Sewer
Public Sewer
New construction
No
Pets
Call, Conditional
County
Collier

Total association fees sums the core association dues the MLS feed provides (HOA, condo/master association, and land lease), normalized to a yearly figure. These are separate from and additional to specialty charges, mandatory club or food-and-beverage minimums, special assessments, and rec-lease fees, which the IDX feed does not carry. Always confirm the full fee schedule with the HOA or listing agent.

Maintenance included in the fee

InternetMaintenanceGroundsPestControlRecreationFacilitiesReserveFund

What the association dues cover, per the MLS. Confirm the full schedule with the HOA.

Amenities

PoolManagement

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

Above marketThis home is priced above comparable recent sales.
This home
$294/sqft
Comp median
$252/sqft
Difference
+17%

Based on the $/sqft of 5 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Recently sold nearby

Closed comparable sales within ~1 mile in the last 12 months, similar price, size, beds/baths, and age.

AddressSoldSold priceBeds/BathsSq ft$/sqft
833 Meadowland Drive BOct 2025$370,0002/21,470$252
810 Meadowland Dr GOct 2025$400,0002/21,432$279
815 Gulf Pavilion Drive 206Apr 2026$340,0002/21,516$224
821 Gulf Pavilion Drive 206Dec 2025$350,0002/21,516$231
613 Beachwalk Circle J101Apr 2026$450,0003/21,450$310
Average5 comps$382,000$259

Market trends, Pelican Ridge

Median list
$409,950
Median $/sqft
$294
Median sold (90d)
$492,250
Avg days on market
40
Active listings
2
Median sold price · Pelican Ridge
$492,250last 3 monthsnot enough sold data to compare

Live community medians from the MLS · see all listings. Indicative, not an appraisal.

Price & status history

Down $30,000 (7%) from the original list price.

Aug 10, 2026Price reducedfrom $419,000$399,900
Jun 23, 2026Listed$429,900

The good, the trade-offs & the location

Pros
  • Lower flood risk (zone X)
Consider
  • Built 1988 — pre-2002 construction may carry older wind codes and higher insurance
Location convenienceHigh
Hospital
6.5 mi
NCH Baker Hospital (Naples)
Beach
1.5 mi
Vanderbilt Beach (Naples)
Airport
6.8 mi
Naples Airport
Shopping
1 mi
Mercato (Naples)

Straight-line distances to major SWFL amenities, approximate; actual drive times vary.

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Listing information is provided in part by the Florida Gulf Coast Multiple Listing Service (MLS) through its Broker Reciprocity / Internet Data Exchange (IDX) program. Properties displayed may be listed by brokerages other than SWFL Relocation Team. Data is deemed reliable but is not guaranteed accurate by the MLS or this brokerage and should be independently verified. Fees, flood zones, taxes, square footage, and school assignments are estimates from the feed and must be confirmed. © 2026 SWFL Relocation Team. All rights reserved.