309 Neapolitan Way: $12.3M Exquisite Modern Waterfront Estate in Naples' Park Shore

Date of Publishing: July 10, 2025

Located in the heart of Park Shore, one of the most prestigious neighborhoods in Naples, Florida, 309 Neapolitan Way is a striking modern waterfront estate priced at $12.3 million. This 5-bedroom, 5-bathroom single-family residence was originally completed in 2023, and recently updated in summer 2025 with a number of thoughtful enhancements. With 5,298 square feet of refined interior living space and a 0.37-acre lot fronting Venetian Bay, the home represents a rare blend of architectural sophistication, prime location, and investment credibility.

Infinity-edge saltwater pool and private dock at luxury home in Naples for sale, located on Venetian Bay with waterfront views.

Contemporary Architecture and Refined Design

The exterior of 309 Neapolitan Way impresses immediately with its clean stucco façade, modern roofline, and carefully landscaped grounds. Stepping inside, visitors are greeted by a stunning interplay of luxury materials. The interiors feature grand-scale 4-by-4-foot marble slabs, European oak flooring, and luminous chandeliers that enhance the air of elegance throughout. A private elevator services all levels, including the spacious three-car garage, ensuring the home is as convenient as it is elegant.

At the heart of the home lies a gourmet kitchen equipped with Thermador appliances, Calacatta Gold countertops, and Brazilian cherrywood accents. A newly installed marble backsplash ties the design together with understated glamour. An adjacent temperature-controlled wine vault adds a sophisticated touch, ideal for entertaining or casual family dinners. According to listing agent Mary Watts Wolleon of William Raveis Real Estate, “Every inch of this home was designed to maximize enjoyment – both visually and experientially. Even everyday moments here feel luxurious.”

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Luxury Living with Waterfront Views

One of the most compelling aspects of this home in Naples for sale is its stunning integration with the outdoors. The main living areas flow seamlessly onto a covered lanai that features a full outdoor kitchen, fireplace, and saltwater negative-edge pool. A sleek new glass railing, scheduled for installation this season, will further enhance the panoramic bay views. Adjacent to the pool is a spa, creating a complete private oasis right on Venetian Bay.

Upstairs, an open-air balcony offers a front-row seat to Naples’ famous sunsets, where residents can watch sailboats and yachts glide through the calm waters. Four of the five bedrooms are oriented toward the bay, ensuring natural light and serene vistas from nearly every room in the home. “It’s the kind of layout today’s luxury buyers are looking for – privacy, beauty, and functionality,” Wolleon added during her interview with Luxury Houses Magazine.

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Privacy and Functionality in Every Detail

The residence is designed for both entertaining and quiet relaxation. The primary suite, located on the second floor, includes two spacious walk-in closets, a spa-inspired bathroom, and private access to the upper balcony. A den and exercise room provide added flexibility for work or wellness at home. The smart layout ensures that guest bedrooms are positioned for privacy, while still enjoying beautiful views of the water.

Each design decision has been made with both comfort and aesthetics in mind. From impact-resistant windows and doors to state-of-the-art home automation and a newly installed 28KW generator, the property combines beauty with peace of mind. “The home truly balances design and practicality,” said Wolleon. “Everything feels seamless and intentional.”

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Location, Lifestyle, and Naples Real Estate Value

Situated just a short stroll from Venetian Village, residents of 309 Neapolitan Way enjoy easy access to high-end shopping, waterfront dining, and exclusive events. The Park Shore neighborhood is known for its private beach club access, lush streetscapes, and proximity to Naples’ cultural and recreational offerings in Florida. With no HOA fees, owners have freedom to personalize their property while still benefiting from the community’s elite reputation.

Luxury Houses reached out to the current homeowner for further insight into the design and transformation of the property. While the owner declined to comment, public records illustrate the home’s impressive market trajectory and potential as a long-term asset in the Naples real estate landscape.

Transaction History and Market Appreciation

The current listing price of $12.3 million reflects strong value compared to its price history. The home was listed at $15.9 million in May 2023 before undergoing a series of adjustments. It was relisted at $13.45 million in January 2025, before settling at its current price following renovations. Previously, the property sold for $3.6 million in 2020, $2.8 million in 2014, and just $835,000 in 2012. These figures underscore the value growth in Park Shore, especially as modernized properties become increasingly rare.

Mary Watts Wolleon explained to Luxury Houses Magazine, “This is a long-game property – perfect for buyers who appreciate architectural excellence, and who want to be part of Naples’ elite waterfront enclave for decades to come.”

Why 309 Neapolitan Way Is a Rare Find

What sets this property apart from other Naples home for sale is not just the location, but the seamless integration of materials, design, and livability. The waterfront setting with a private dock capable of accommodating boats up to 44 feet, the smart home infrastructure, and resort-style outdoor amenities create a complete lifestyle offering. It’s not simply a home; it’s a private resort that just happens to be steps from the beach, dining, and the best of Naples real estate. View 309 Neapolitan Way on Zillow.