$999,000
5 Bed 3 Bath Pool Waterfront SingleFamilyResidence for Sale in RAFFIA PRESERVE, FL
4764 Formosa Drive, Naples, FL, 34119
About this home
Spacious and impeccably maintained, this contemporary residence sits on a quiet cul-de-sac in one of North Naples’ most desirable communities — Raffia Preserve. Thoughtfully customized and exceptionally well cared for, this 2018-build delivers scale, quality, and functionality. The expansive layout features a dramatic two-story foyer, five bedrooms, three full baths, a formal dining room, a large bonus room, and a three-car garage with ample overhead storage. The contemporary chef’s kitchen is built for serious cooking and entertaining, featuring Dekton countertops, an oversized island with breakfast bar, double ovens, a hooded range with pot filler, beverage cooler, and clean modern finishes. The spacious primary bedroom suite features a generous bathroom with dual vanities and two walk-in closets. Throughout the home you’ll find substantial upgrades including six-panel doors, upgraded baseboards and casings, plantation shutters, luxury vinyl and tile flooring, custom niches, architectural archways, and updated lighting. The pool, spa, and lush landscaping create a private outdoor retreat ideal for entertaining or unwinding at the end of the day. The south-facing lanai overlooks a peaceful lake and captures all-day Florida sun. Efficiency and practicality are built in. The owned solar system delivers significant energy savings, while a 240v charging station supports electric vehicles. Vivint smart-home technology provides integrated control of security and home systems. The oversized three-car garage with suspended storage offers exceptional capacity. Raffia Preserve residents enjoy a resort-style clubhouse, community pool, fitness center, and basketball court — all with some of the lowest HOA fees in the area. Located just off Vanderbilt Beach Road near top-rated schools, shopping, and dining, this home combines space, upgrades, efficiency, and location in one compelling package.
Property details
- Type
- SingleFamilyResidence
- Year built
- 2018
- Interior
- 3,343 sqft
- Lot size
- 8,276.4 sqft
- Acreage
- 0.19 acres
- Garage
- 3 car
- Days on market
- 40
- Total association fees
- $4,756/yr (~$396/mo)
- CDD
- None
- Est. taxes (1.4%)
- $13,986/yr
- Flood zone (area est.)
- Not available
- Storm protection
- Shutters
- Exposure
- South
- Waterfront
- Yes
- Gulf access
- No
- Gulf access type
- N/A
- Pool
- Yes
- Spa
- Yes
- 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
What the association dues cover, per the MLS. Confirm the full schedule with the HOA.
Amenities
Based on the $/sqft of 3 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.
| Address | Sold | Sold price | Beds/Baths | Sq ft | $/sqft |
|---|---|---|---|---|---|
| 4264 Raffia Palm Circle | Dec 2025 | $760,000 | 5/3 | 3,231 | $235 |
| 7235 Acorn Way | Mar 2026 | $950,000 | 4/3 | 3,172 | $299 |
| 1905 Isla De Palma Circle | Oct 2025 | $829,000 | 5/4 | 3,156 | $263 |
| Average | 3 comps | $846,333 | $266 |
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 $9,000 (0.9%) from the original list price.
| Jun 2, 2026 | Sold | $990,000 |
| Mar 5, 2026 | Listed | $999,000 |
The good, the trade-offs & the location
- Built 2018 — post-2002 Florida wind codes (typically lower insurance)
- Private pool
- Waterfront
- Storm protection: Shutters
- 3-car garage
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.