$360,000
2 Bed Waterfront Home for Sale in Retreat
517 Lake Louise Circle 103, Naples, FL, 34110
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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
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.
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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 529 Lake Louise Circle 101 | Mar 2026 | $310,000 | 3/2 | 1,470 | $211 |
| 394 Emerald Bay Circle F1 | Dec 2025 | $315,000 | 2/2 | 1,350 | $233 |
| 15470 Cedarwood Lane 203 | Apr 2026 | $350,000 | 2/2 | 1,316 | $266 |
| 340 Horse Creek Drive 208 | May 2026 | $315,000 | 2/2 | 1,432 | $220 |
| 300 Horse Creek Drive 307 | Apr 2026 | $390,000 | 2/2 | 1,326 | $294 |
| 537 Club Side Drive 3-537 | Mar 2026 | $363,000 | 2/2 | 1,374 | $264 |
| Average | 6 comps | $340,500 | $248 |
Market trends, Retreat
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, 2026 | Price reducedfrom $399,000 | $360,000 |
| Apr 10, 2026 | Listed | $425,000 |
The good, the trade-offs & the location
- Waterfront
- 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)
Straight-line distances to major SWFL amenities, approximate; actual drive times vary.
Nearby schools
Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.
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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.