3 Bed 2 Bath Condominium for Sale in WATER CREST, FL
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SoldMLS# 226009388

$398,000

3 Bed 2 Bath Condominium for Sale in WATER CREST, FL

2385 Hidden Lake Drive 4502, Naples, FL, 34112

3 beds2 baths1,860 sqft1 garage
GatedTennisBocceClubhouseBasketballCommunity Pool

About this home

YES, BIGGER IS BETTER! WELCOME TO THE LARGEST 3 BEDROOM FLOORPLAN IN THE HIGHLY DESIRED COMMUNITY OF FALLING WATERS, WATER CREST. Offering space, comfort and versatility rarely found in condo living. This expansive home features a thoughtfully designed open concept layout with generously living and dining areas(14'x40') and kitchen(11'x21') perfect for entertaining or relaxing in style. Oversized windows fill the space with natural light, and the 17' vaulted ceilings add to the airy feeling throughout. The middle bedroom is currently used as an office, but the couch is a sleeper making the space suitable for either an office or bedroom. The primary suite offers a peaceful retreat with generous closet space and private ensuite bath. additional bedrooms provide flexibility for guests, a home office, or growing needs. Enjoy morning coffee or evening relaxation on your private lanai overlooking the large waterfall feature. In addition, this area also has a summer kitchen to enhance your entertainment possibilities as well as electric storm shutters. Residents also benefit from community amenities such as the 11,000-sf resort style community pool, clubhouse, tennis and bocce courts and beautifully landscaped common areas. Ideally located near shopping, dining, parks, and major commuter routes, this condo offers low maintenance living without sacrificing style or location. Whether you are downsizing, a second home buyer or an investor, this is an exceptional opportunity you will not want to miss.

Property details

Type
Condominium
Year built
1996
Interior
1,860 sqft
Lot size
Not specified
Acreage
Not specified
Garage
1 car
Days on market
42
Total association fees
$9,200/yr (~$767/mo)
CDD
None
Est. taxes (1.4%)
$5,572/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
East
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

AssociationManagementCableTvInsuranceInternetIrrigationWaterMaintenanceGroundsPestControlRecreationFacilitiesReserveFundRoadMaintenanceSewerStreetLightsTrashWater

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

Amenities

BasketballCourtBocceCourtClubhouseLibraryPoolPuttingGreensShuffleboardCourtSidewalksTennisCourtsManagement
Below marketThis home is priced below comparable recent sales — a potential value.
This home
$214/sqft
Comp median
$278/sqft
Difference
-23%

Based on the $/sqft of 5 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
2365 Hidden Lake Drive 4309Sep 2025$415,0003/21,860$223
2543 Seychelles Drive 606Dec 2025$480,0003/21,725$278
2554 Seychelles Drive 906Aug 2025$485,0003/21,725$281
6934 Avalon Circle 405Jun 2026$350,0002/21,660$211
7655 Arbor Lakes Court 2221Aug 2025$475,0002/21,661$286
Average5 comps$441,000$256

Market trends — Naples

Median list
$685,000
Median $/sqft
$371
Median sold (90d)
$620,000
Avg days on market
110
Active listings
4,224
Median sold price · Naples
$620,000last 3 months2.4% vs $635,000 prior 3 months
Median closed price by month · Naples
0.8% MoM10.5% YoY
$530k$599k$668kJul ’25Jul ’26
$630,000Jul ’26 · 378 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.

Price & status history

Down $44,900 (10.4%) from the original list price.

May 12, 2026Sold$385,000
Mar 19, 2026Price reducedfrom $429,900$398,000
Mar 1, 2026Listed$429,900

The good, the trade-offs & the location

Consider
  • Built 1996 — pre-2002 construction may carry older wind codes and higher insurance
  • Higher association fees (~$9,200/yr)
Location convenienceHigh
Hospital
3.3 mi
Physicians Regional (Naples)
Beach
5.6 mi
Naples Pier / Beach
Airport
3.7 mi
Naples Airport
Shopping
4.9 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.