4 Bed Condominium for Sale in Four Fountains
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For SaleMLS# 225072490

$255,000

4 Bed Condominium for Sale in Four Fountains

5 Watercolor Way 5, Naples, FL, 34113

4 beds2 baths1,580 sqft1 garage
GatedTennisClubhouseCommunity Pool

About this home

Fully Remodeled 2024 4 Bed, 2 Bath Condo Just Minutes from Naples Beaches! Brand new plumbing, drywall, kitchen cabinets, kitchen countertops, vinyl flooring, paint, bathroom vanities and shower tiles. Stunning spacious condo offers modern living in an unbeatable location—just minutes to the beach, downtown Naples, shops, and restaurants. With 4 bedrooms, 2 full baths, and an attached garage, there’s room for everyone, whether you're looking for a full-time home, vacation getaway, or investment. Rented until May 2026. Photos virtually staged.

Property details

Type
Condominium
Year built
1977
Interior
1,580 sqft
Lot size
Not specified
Acreage
Not specified
Garage
1 car
Days on market
336
Total association fees
$9,336/yr (~$778/mo)
CDD
None
Est. taxes (1.4%)
$3,570/yr
Flood zone (area est.)
Yes · High risk (AE)
Storm protection
None listed
Exposure
West
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

InsuranceMaintenanceGroundsPestControlRoadMaintenanceStreetLightsTrashWater

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

Amenities

ClubhousePoolTennisCourtsManagement

Flood risk shown is an area-level estimate and can differ from a specific unit's actual FEMA designation (which varies by structure and elevation). Look up this address on the FEMA Flood Map and verify with a licensed insurance agent before relying on it.

Below marketThis home is priced below comparable recent sales, a potential value.
This home
$161/sqft
Comp median
$195/sqft
Difference
-17%

Based on the $/sqft of 4 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
27 Watercolor Way 27Apr 2026$217,0004/21,483$146
57 San Remo CircleMar 2026$279,9003/21,431$196
5708 Deauville Circle J301Feb 2026$299,0003/21,427$210
5776 Deauville Circle C308Apr 2026$277,0003/21,427$194
Average4 comps$268,225$187

Market trends, Four Fountains

Median list
$255,000
Median $/sqft
$161
Median sold (90d)
$182,450
Avg days on market
336
Active listings
1
Median sold price · Four Fountains
$182,450last 3 monthsnot enough sold data to compare

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

Price & status history

Down $10,000 (3.8%) from the original list price.

Nov 10, 2025Price reducedfrom $260,000$255,000
Sep 26, 2025Listed$265,000

The good, the trade-offs & the location

Consider
  • Built 1977 — pre-2002 construction may carry older wind codes and higher insurance
  • In a higher-risk flood zone (AE) — flood insurance likely required
  • Higher association fees (~$9,336/yr)
Location convenienceHigh
Hospital
5.7 mi
NCH Baker Hospital (Naples)
Beach
5.4 mi
Naples Pier / Beach
Airport
4.7 mi
Naples Airport
Shopping
5.9 mi
Coastland Center (Naples)

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

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Nearby schools

Get more information on their programs, scores, and extracurriculars on each school's page · browse the full schools directory.

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.