2 Bed Waterfront Home for Sale in Sherwood, FL, $273,900
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For SaleMLS# 226027799

$273,900

2 Bed Waterfront Home for Sale in Sherwood, FL, $273,900

431 Valerie Way 103, Naples, FL, 34104

2 beds2 baths1,115 sqft1 garage
GatedPickleballTennisFitness CenterClubhouseCommunity PoolWaterfront

About this home

Welcome to this charming, two bedroom, two bathroom condo perfectly situated at the end of a private cul-de-sac to offer serene and panoramic Lake views from your private lanai. As you step inside, you’ll be greeted by an abundance of natural light highlighting the spacious open concept living area design for both comfort and style. The kitchen features, sleek countertops, ample cabinetry, and plenty of space for preparing meals or entertaining guests. The living and dining areas, flow, seamlessly, creating and inviting space to relax while enjoying the peaceful beauty of the lake. Both bedrooms are generously sized with large windows that frame stunning water views. The master suite includes a private bath with a separate shower and dual vanities. The second bedroom is perfect for guests, family or as a home office. Additional features include in unit laundry, plenty of storage space and assigned parking space with one garage. Residence can take advantage of the community amenities, including a sparkling pool fitness center walking paths along the lake, as well as Pickleball and tennis courts ideal for outdoor enthusiasts. Best of all this condo is located within 15 minutes of beautiful beaches world class shopping on fifth Avenue and an array of fine dining restaurants, ensuring you’re never far from all the best Naples has to offer. Whether you’re looking for a full-time residence or a weekend retreat, this condo offers the perfect blend of luxury, convenience, and tranquility with breathtaking lake views from nearly every room.

Property details

Type
Condominium
Year built
2004
Interior
1,115 sqft
Lot size
Not specified
Acreage
Not specified
Garage
1 car
Days on market
0
Total association fees
$6,200/yr (~$517/mo)
CDD
None
Est. taxes (1.4%)
$3,835/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
East
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

CableTvInsuranceInternetIrrigationWaterLegalAccountingMaintenanceGroundsPestControlSewerTrashWater

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

Amenities

ClubhouseFitnessCenterPickleballPoolTennisCourtsTrailsManagement
Above marketThis home is priced above comparable recent sales.
This home
$246/sqft
Comp median
$205/sqft
Difference
+20%

Based on the $/sqft of 9 comparable homes sold nearby in the last 12 months. Indicative, not an appraisal.

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Your notes on this home

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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
7831 Regal Heron Circle 105Jun 2026$242,0002/21,202$201
7835 Regal Heron Circle 305Sep 2025$265,0002/21,202$220
7835 Regal Heron Circle 204Jan 2026$265,0002/21,304$203
7839 Regal Heron Circle 104Sep 2025$265,0002/21,304$203
7839 Regal Heron Circle 204Jun 2026$238,0002/21,304$183
7822 Great Heron Way 205Sep 2025$300,0002/21,202$250
Average6 comps$262,500$210

Market trends — Naples

Median list
$679,900
Median $/sqft
$370
Median sold (90d)
$625,000
Avg days on market
110
Active listings
4,187
Median sold price · Naples
$625,000last 3 months1.6% vs $635,000 prior 3 months
Median closed price by month · Naples
1.6% MoM11.4% YoY
$530k$599k$668kJul ’25Jul ’26
$635,000Jul ’26 · 457 sales

Median of closed MLS sales each month over the available window. Months with too few sales are omitted; the range extends automatically as more sales close.

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

The good, the trade-offs & the location

Pros
  • Built 2004 — post-2002 Florida wind codes (typically lower insurance)
  • Waterfront
Location convenienceHigh
Hospital
1.8 mi
Physicians Regional (Naples)
Beach
7 mi
Naples Pier / Beach
Airport
4.6 mi
Naples Airport
Shopping
5.5 mi
Coastland Center (Naples)

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

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Nearby schools

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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.