2 Bed Waterfront Home for Sale in Retreat
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For SaleMLS# 226015183

$360,000

2 Bed Waterfront Home for Sale in Retreat

517 Lake Louise Circle 103, Naples, FL, 34110

2 beds2 baths1,316 sqft1 garage
GatedTennisCommunity PoolWaterfront

About this home

THE RETREAT | THREE PALMS 2BD/2BA + first floor + lake views + sunset + walking path around the lake + close to the pool + close to the beach + 1 car garage + all new kitchen appliances + updated flooring + fantastic active neighbors - what more can we ask for in a property under $400,000 in Naples? Location, location, location -- your new property is a quick 5 minutes drive to the beautiful Barefoot or Bonita Beach. Many amazing restaurants are just outside of the community and the Mercato is a quick 10 minutes drive South to enjoy a nice stroll, nightlife, dinner and shopping. The amenities are also very conveniently located, no need to drive to the community pool it's the next building over and the tennis courts are a short walk away as well. With a western facing lanai - the sunsets are yours to enjoy night after night. The first thing you will feel at this property is pure serenity. In your private courtyard and garden you will love hearing the birds chirping and the trees in the breeze. Lovingly nicknamed "Three Palms" for the three palm trees in the courtyard. The recently refreshed landscaping and pavers are set in the timeless herringbone pattern and helps the condo feel so much larger with the beautiful oversized windows. Step inside to discover a bright apartment filled with an abundance of cascading natural light. You have to come see the views of the outdoors from your new place! This property is move in ready. Every bedroom has an extended paver patio and an attached bathroom. The spacious living and dining areas flow seamlessly, while the well-appointed kitchen provides ample cabinetry and workspace for any home chef. Both bedrooms are generous in size and enjoy extended paver terraces. The tranquil primary suite has an absolutely fantastic view of the lake from two sets of sliders at the corner of the room creating a huge view. Wake up to the lake and a lovely walk in closet that has been fitted with a closet system and separate space with shelving. The guest bedroom is equally generous and also has it's own private patio and landscaped area as well as a view of the lake. This home is the perfect backdrop for embracing the Southwest Florida lifestyle. Whether you’re searching for a full-time residence, seasonal getaway or investment opportunity--517 Lake Louise Circle #103 checks all the boxes.

Property details

Type
Condominium
Year built
1984
Interior
1,316 sqft
Lot size
Not specified
Acreage
Not specified
Garage
1 car
Days on market
142
Total association fees
$9,676/yr (~$806/mo)
CDD
None
Est. taxes (1.4%)
$5,040/yr
Flood zone (area est.)
Yes · High risk (AH)
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

AssociationManagementCableTvInsuranceInternetIrrigationWaterMaintenanceGroundsPestControlRecreationFacilitiesReserveFundRoadMaintenanceSecurityWater

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

Amenities

PoolSpaHotTubTennisCourtsTrailsManagement

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.

At marketThis home is priced in line with comparable recent sales.
This home
$274/sqft
Comp median
$259/sqft
Difference
+6%

Based on the $/sqft of 8 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
529 Lake Louise Circle 101Mar 2026$310,0003/21,470$211
394 Emerald Bay Circle F1Dec 2025$315,0002/21,350$233
15470 Cedarwood Lane 203Apr 2026$350,0002/21,316$266
340 Horse Creek Drive 208May 2026$315,0002/21,432$220
300 Horse Creek Drive 307Apr 2026$390,0002/21,326$294
537 Club Side Drive 3-537Mar 2026$363,0002/21,374$264
Average6 comps$340,500$248

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 $65,000 (15.3%) from the original list price.

Jun 8, 2026Price reducedfrom $399,000$360,000
Apr 10, 2026Listed$425,000

The good, the trade-offs & the location

Pros
  • Waterfront
Consider
  • Built 1984 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AH) — flood insurance likely required
  • 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.