3 Bed Waterfront Home for Sale in Naples
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For SaleMLS# 225065451

$5,950,000

3 Bed Waterfront Home for Sale in Naples

8473 Bay Colony Drive 701, Naples, FL, 34108

3 beds3.5 baths3,230 sqft2 garage
GatedBeach AccessFitness CenterClubhouseCommunity PoolBoatingWaterfront

About this home

Featuring the unique offering of a private cabana, this exceptional three-bedroom plus den residence is perfectly positioned on the coveted southwest corner of the Biltmore at Bay Colony, this exceptional three-bedroom plus den residence in the sky sits directly on the crystalline Gulf coastline, offering breathtaking panoramic views. From the moment you enter, the eye is drawn through the great room to the expansive balcony beyond—an ideal setting for entertaining or simply soaking in the endless sea and sky. Updated interiors are thoughtfully curated to reflect the serene hues of the Gulf, creating an elegant coastal ambiance complemented by the soothing sounds of the surf. The spacious, light-filled kitchen is a standout, featuring Taj Mahal quartzite countertops, custom modern cabinetry, and gourmet appliances, all surrounded by walls of glass that flood the space with natural light. Guests will enjoy two generous ensuite bedrooms, each with access to the southeast-facing lanai—perfect for quiet mornings and soft sunrise views. The primary suite is a true retreat, offering direct Gulf views, a beautifully appointed bath, and a perfectly designed walk-in closet. With neutral finishes throughout, abundant space for family and friends, and an ideal seventh-floor elevation capturing both beach and open Gulf vistas, this residence truly has it all. Biltmore at Bay Colony offers a resort-style lifestyle with a luxurious pool, state-of-the-art fitness center, and 24-hour security, all within the privacy of the Bay Colony gates. Residents also enjoy exclusive access to the private beach club, tennis facilities, and more—delivering the ultimate Naples coastal living experience

Property details

Type
Condominium
Year built
1997
Interior
3,230 sqft
Lot size
Not specified
Acreage
Not specified
Garage
2 car
Days on market
196
Total association fees
$59,306/yr (~$4,942/mo)
CDD
None
Est. taxes (1.4%)
$83,300/yr
Flood zone (area est.)
Not available
Storm protection
None listed
Exposure
West
Waterfront
Yes
Gulf access
Yes
Gulf access type
Direct — Gulf frontage
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

AssociationManagementInsuranceInternetMaintenanceGroundsPestControlRecreationFacilitiesReserveFundRoadMaintenanceSewerStreetLightsSecurityTrashWater

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

Amenities

BeachRightsBeachAccessBikeStorageClubhouseFitnessCenterGuestSuitesPrivateMembershipPoolSpaHotTubTrashManagement
At marketThis home is priced in line with comparable recent sales.
This home
$1,842/sqft
Comp median
$1,750/sqft
Difference
+5%

Based on the $/sqft of 5 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
8473 Bay Colony Drive 1904Apr 2026$5,100,0003/33,325$1,534
8473 Bay Colony Drive 403Apr 2026$5,600,0003/33,200$1,750
8171 Bay Colony Drive 801Jul 2026$6,250,0003/43,274$1,909
8171 Bay Colony Drive 2004Dec 2025$5,255,0003/33,274$1,605
8231 Bay Colony Drive 1101Jan 2026$6,000,0003/33,380$1,775
Average5 comps$5,641,000$1,715

Market trends, Biltmore At Bay Colony

Median list
$5,795,000
Median $/sqft
$1,842
Median sold (90d)
$4,350,000
Avg days on market
155
Active listings
3
Median sold price · Biltmore At Bay Colony
$4,350,000last 3 monthsnot enough sold data to compare

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

Price & status history

Down $1,045,000 (14.9%) from the original list price.

May 15, 2026Price reducedfrom $6,495,000$5,950,000
Dec 16, 2025Listed$6,995,000

The good, the trade-offs & the location

Pros
  • Gulf access (Direct — Gulf frontage)
  • 2-car garage
Consider
  • Built 1997 — pre-2002 construction may carry older wind codes and higher insurance
  • Higher association fees (~$59,306/yr)
Location convenienceHigh
Hospital
6.5 mi
NCH Baker Hospital (Naples)
Beach
0.8 mi
Vanderbilt Beach (Naples)
Airport
7.1 mi
Naples Airport
Shopping
1.3 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.