2 Bed Waterfront Home for Sale in Retreat
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For SaleMLS# 226008919

$329,999

2 Bed Waterfront Home for Sale in Retreat

517 Lake Louise Circle 201, Naples, FL, 34110

2 beds2 baths1,737 sqft1 garage
GatedTennisCommunity PoolWaterfront

About this home

One or more photo's has been virtually staged, AI Generated. Opportunity awaits with this 2-bedroom plus open den, 2-bath home located west of US-41, just minutes from the white sandy beaches of Naples and Bonita Springs. Perfectly positioned to enjoy the best of Southwest Florida living, this property offers incredible potential for investors, seasonal residents, or buyers looking to add their personal touch. Featuring an open-concept floor plan filled with natural light throughout, the spacious living area opens seamlessly into the lanai, creating an airy, flexible space ideal for entertaining. The layout offers versatility while maintaining defined yet connected living spaces. Both bathrooms have been partially updated, and the home includes a detached garage for added convenience and storage. Enjoy added storm protection with electric hurricane shutters on all sliding doors (excluding the small kitchen window, small bedroom window, and small window by the front door). Step out onto the large lanai and unwind while taking in beautiful western-facing lake views and stunning sunset skies — the perfect backdrop for enjoying Florida evenings. The home does need some TLC, presenting a fantastic opportunity to customize and create your ideal coastal retreat in a highly desirable location west of US-41. Located in a guard-gated community with a residents-only back entrance off Vanderbilt and 24-hour patrol, The Retreat offers a serene, park-like setting with scenic walkways, wooden bridges, and an estimated five miles of bike and jogging paths that wind through a beautiful wildlife estuary. You’re just minutes from the white-sandy beaches of Vanderbilt, Bonita, and Wiggins State Park. Enjoy the heated saltwater community pool, along with countless nearby shops and restaurants. Bring your family and start making wonderful new memories today! Retreat Waterside has the lowest fees in Retreat. Rentals available 3 x year with a min of 30 day lease and of course an annual lease.

Property details

Type
Condominium
Year built
1984
Interior
1,737 sqft
Lot size
Not specified
Acreage
Not specified
Garage
1 car
Days on market
170
Total association fees
$9,676/yr (~$806/mo)
CDD
None
Est. taxes (1.4%)
$4,620/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
West
Waterfront
Yes
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

InsuranceInternetIrrigationWaterLegalAccountingMaintenanceGroundsPestControlReserveFundStreetLightsSecurityWater

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

Amenities

BarbecuePicnicAreaPoolSpaHotTubSidewalksTennisCourtsTrailsManagement
Below marketThis home is priced below comparable recent sales, a potential value.
This home
$190/sqft
Comp median
$220/sqft
Difference
-14%

Based on the $/sqft of 11 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
517 Lake Louise Circle 101Oct 2025$280,0002/21,550$181
544 Retreat Drive 101Jan 2026$375,0003/21,737$216
576 Retreat Drive 201Feb 2026$265,0003/21,585$167
14560 Red Fox Run 518Jul 2026$350,0003/21,551$226
857 Carrick Bend Circle 101Jul 2026$364,0002/21,660$219
15350 Wimborne Lane 2Apr 2026$400,0002/21,542$259
Average6 comps$339,000$211

Market trends, Retreat

Median list
$345,000
Median $/sqft
$232
Avg days on market
156
Active listings
2
Median sold price · Retreat
$310,000last 6 monthsnot enough sold data to compare

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

Price & status history

Down $10,000 (2.9%) from the original list price.

Jul 21, 2026Price reducedfrom $339,999$329,999
Feb 25, 2026Listed$339,999

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1984 — pre-2002 construction may carry older wind codes and higher insurance
  • Higher association fees (~$9,676/yr)
Location convenienceHigh
Hospital
10.3 mi
Physicians Regional (Naples)
Beach
2.8 mi
Bonita Beach
Airport
10.8 mi
Naples Airport
Shopping
3 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.