$2,098,000
3 Bed 2.5 Bath Pool Attached for Sale in TIERRA MAR, FL
516 Tierra Mar Lane 5, Naples, FL, 34108
About this home
This stunning courtyard villa offers the perfect blend of indoor–outdoor living in the heart of Pelican Bay. Centered around a sun-drenched private courtyard, the home features a beautifully resurfaced pool, outdoor grill, bar, lush tropical landscaping, and a tranquil fountain—creating an ideal setting for both relaxing and entertaining. Expansive windows, soaring ceilings, and a striking atrium fill the home with natural light, enhancing the open and flowing layout. The residence offers three bedrooms and two-and-a-half baths, along with a flexible open den featuring a cozy fireplace. Located just off the kitchen, the den overlooks the pool and includes French doors that open directly to the courtyard and gardens. A screened lanai surrounds the property, providing added privacy while allowing you to enjoy the beautifully landscaped grounds, highlighted by vibrant orchids in bloom. Additional features include an oversized two-car garage, in-home laundry, and low HOA fees—adding both comfort and convenience. All of this is set within one of Naples’ most sought-after communities. As a resident of Pelican Bay, you’ll enjoy exclusive private beach access with beachfront dining, miles of scenic walking and biking paths, kayaking, and exceptional amenities including tennis, pickleball, and a state-of-the-art fitness center. World-class shopping, dining, and entertainment are just a short walk away at Artis–Naples and Waterside Shops. This is a rare opportunity to experience the coveted Pelican Bay lifestyle in a private courtyard setting.
Property details
- Type
- Attached
- Year built
- 1981
- Interior
- 2,366 sqft
- Lot size
- 6,098.4 sqft
- Acreage
- 0.14 acres
- Garage
- 2 car
- Days on market
- 5
- Total association fees
- $9,924/yr (~$827/mo)
- CDD
- None
- Est. taxes (1.4%)
- $29,372/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- Exposure
- North
- Waterfront
- No
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- No
- Natural gas
- No
- Water
- Public
- Sewer
- Public Sewer
- New construction
- No
- Pets
- Yes
- 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
Based on the $/sqft of 6 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 |
|---|---|---|---|---|---|
| 5555 Heron Point Drive 2001 | Feb 2026 | $1,920,000 | 2/3 | 2,485 | $773 |
| 6075 Pelican Bay Boulevard 906 | Dec 2025 | $2,150,000 | 3/3 | 2,333 | $922 |
| 4830 West Boulevard | May 2026 | $2,200,000 | 3/3 | 2,307 | $954 |
| 4901 Gulf Shore Boulevard 1503 | Mar 2026 | $2,412,500 | 3/3 | 2,259 | $1,068 |
| 4901 Gulf Shore Boulevard 1203 | Apr 2026 | $2,025,000 | 3/3 | 2,259 | $896 |
| 6626 Trident Way G6 | Dec 2025 | $1,895,000 | 3/2 | 2,198 | $862 |
| Average | 6 comps | $2,100,417 | $913 |
Market trends — Naples
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 $98,000 (4.7%) from the original list price.
| May 8, 2026 | Sold | $2,000,000 |
| Mar 14, 2026 | Listed | $2,098,000 |
The good, the trade-offs & the location
- Private pool
- 2-car garage
- Built 1981 — pre-2002 construction may carry older wind codes and higher insurance
- Higher association fees (~$9,924/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.