$995,000
3 Bed Waterfront Home for Sale in Naples
5348 Cypress Lane, Naples, FL, 34113
About this home
Stunning 2.01-Acre Property, minutes from the Naples Beaches. Discover the ultimate Myrtle Cove Acre lot west of US 41, just minutes from the beautiful Naples beaches and vibrant downtown shopping. This exceptional 2.01-acre property features a canal along the north side and offers both privacy and scenic views. Zoned RSF-3, the property allows for a guest house or subdivision into multiple lots, providing flexibility for future development or investment. The most attractive advantage is the ability to build a guest house, or you may choose to subdivide the land to maximize its potential. Currently, the property features a lovely 2-story home with amazing curbside appeal and 2,283 square feet under air. The home includes three bedrooms, and two-and-half baths with spacious master suite on the first floor. Enjoy a spacious master bath with dual vanities, designer details, and French doors providing private access to the sundeck. Additional features include a generous owner’s walk-in closet. The great room offers an expansive living and dining area with extraordinarily high ceilings, while the flex/loft space is perfect for a workstation. The kitchen and breakfast nook are filled with natural light from large windows overlooking the streetscape. A conveniently located laundry room sits near a 2-car garage. This property is ideal for buyers seeking space, flexibility, and proximity to Central Naples. No HOA fees.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2000
- Interior
- 2,283 sqft
- Lot size
- 87,555.6 sqft
- Acreage
- 2.01 acres
- Garage
- 2 car
- Days on market
- 179
- Total association fees
- None
- CDD
- None
- Est. taxes (1.4%)
- $13,930/yr
- Flood zone (area est.)
- Not available
- Storm protection
- None listed
- Exposure
- South
- 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
- Yes
- County
- Collier
Based on the $/sqft of 20 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 |
|---|---|---|---|---|---|
| 9118 Prima Way 202 | Dec 2025 | $1,130,000 | 3/2 | 2,099 | $538 |
| 9109 PRIMA Way 102 | Oct 2025 | $1,075,000 | 2/2 | 2,463 | $436 |
| 9473 Casoria Court 202 | Jun 2026 | $870,000 | 3/2 | 2,099 | $414 |
| 8868 Mustang Island Circle | Apr 2026 | $1,100,000 | 3/3 | 2,450 | $449 |
| 8948 Mustang Island Circle | Mar 2026 | $949,900 | 3/3 | 2,450 | $388 |
| 8812 Mustang Island Circle | Dec 2025 | $847,500 | 3/2 | 2,207 | $384 |
| Average | 6 comps | $995,400 | $435 |
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 $80,000 (7.4%) from the original list price.
| Aug 10, 2026 | Price reducedfrom $1,050,000 | $995,000 |
| Feb 12, 2026 | Listed | $1,075,000 |
The good, the trade-offs & the location
- Waterfront
- 2-car garage
- Built 2000 — pre-2002 construction may carry older wind codes and higher insurance
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.