$11,486,800
- 6 Beds
- 7 Baths
- 8,363 sqft (on 1 acre)
198 Caribbean RD, Naples, FL 34108
Est. Refi. Payment $70,128/mo*
Refinance Your HomeCurrently Off Market - Sold Nov 12, 2024 for $12,575,000
Home Value
Trulia Estimate
$11.5MSince last month
Decreased$536K (-4.5%)Since last year
Decreased$229K (-2%)Since last sale
Decreased$1M (-8.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +686% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $11.49M |
| August 2026 | $12.02M |
| July 2026 | $11.99M |
| June 2026 | $12.01M |
| May 2026 | $11.57M |
| March 2026 | $11.66M |
| February 2026 | $11.76M |
| January 2026 | $11.65M |
2025 | |
2024 | |
2023 | |
2022 | |
2020 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $7,400,000 | 09/29/25 | 5 | 6.5 | 5,776 | |
0.31 | Single-Family Home | $9,000,000 | 12/05/25 | 6 | 6.5 | 7,211 | |
0.38 | Single-Family Home | $13,000,000 | 12/13/25 | 6 | 7 | 8,957 | |
0.30 | Single-Family Home | $9,500,000 | 06/24/26 | 5 | 6.5 | 7,766 | |
0.40 | Single-Family Home | $3,200,000 | 12/29/25 | 6 | 6.5 | 6,500 | |
0.69 | Single-Family Home | $8,000,000 | 12/10/25 | 6 | 7.5 | 6,459 | |
0.37 | Single-Family Home | $5,675,000 | 04/22/26 | 5 | 5 | 5,104 | |
0.42 | Single-Family Home | $4,100,000 | 01/07/26 | 6 | 5 | 6,600 | |
0.57 | Single-Family Home | $5,450,000 | 05/29/26 | 4 | 5 | 5,448 | |
0.61 | Single-Family Home | $3,250,000 | 06/08/26 | 5 | 5 | 5,020 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $6,717,500 | 5 | 5.5 | 7,180 | Off Market | |
0.08 | $7,293,500 | 5 | 6.5 | 5,776 | Off Market | |
0.17 | $8,246,400 | 5 | 6 | 6,310 | Off Market | |
0.24 | $3,300,000 | - | - | - | Recently Sold | |
0.25 | $3,800,000 | - | - | - | Recently Sold | |
0.27 | $5,868,200 | 5 | 5 | 5,033 | Off Market | |
0.31 | $12,995,000 | 6 | 7 | 9,375 | For Sale | |
0.30 | $3,776,100 | 6 | 4.5 | 4,493 | Off Market | |
0.31 | $11,490,000 | 5 | 6 | 6,565 | For Sale | |
0.30 | $9,500,000 | 5 | 6.5 | 7,766 | Recently Sold | |
0.31 | $2,940,500 | 5 | 4.5 | 3,117 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 2024
1 acre lot
8,363 sqft
$1,374/sqft
5 Car Garage
About this House
198 Caribbean Road, a truly magnificent estate home built with no expense spared by Borelli Construction, a premier luxury builder with over 4 decades of experience and excellence in Naples. Designed and furnished top to bottom by Carrie Brigham Design. This modern tudor is perfect for entertaining with its grand foyer overlooking reflection pools and long views to the separate pool house, extensive indoor and outdoor speaker system, temperature-controlled glass wine room, dining room with an expansive table, oversized marble and oak wet bar with beverage and wine fridges, and chef’s kitchen, not to mention the large game room with two bars, custom pool table, lounge seating and game table plus half bath. The kitchen’s top of the line appliances include a 36” SubZero refrigerator, 36” SubZero freezer, and 60” Wolf gas range. The main suite enjoys views of the reflection pools, has a convenient morning bar, and two separate generously sized closets. From the great room, pocketing sliders lead to the covered lanai with electric screens and storm shutters. The study has herringbone flooring with built in cabinets and white oak beams flanked by three large windows. The open outdoor kitchen provides service to guests inside the lanai as well as those on the massive pool deck flooded with southern sun with wrap around bar seating and a fireplace. A separate guest house includes a kitchenette, living/dining area plus a private bedroom suite. Unique details including the twelve foot tall euro wall sliding doors, beveled stone in kitchen island, wet bar stone shelving with integrated lighting, extensive use of white oak plank ceilings, custom made light fixtures, and over the top primary wet room exhibit the highest level of craftsmanship. Other features include a whole-house generator and reverse osmosis, extensive camera system, Lutron lighting and Control4 automation system, new septic & well, two 1,000 gallon gas tanks, low VOC paint used throughout, & five and a half car air conditioned garage. This home is conveniently located in the Pine Ridge neighborhood which is centrally located within Naples and provides easy access to shopping and dining.
198 Caribbean RD, Naples, FL 34108 is a 6 bedroom, 8 bathroom, 8,363 sqft single-family home in Pine Ridge, built in 2024. It last sold for $12,575,000 on Nov 12, 2024 (8% below the $13,700,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $11,486,800.
Last check for updates: about 15 hours ago
Listed by Kendall Borelli, (239) 250-2043
West Shore Properties RE,MNGT
Bought with: Rex Miller, PA, (239) 821-1433, William Raveis Real Estate
Originating MLS: Naples
Source: SWFLMLS, MLS#224051122

Home Details for 198 Caribbean RD
|
|---|
Interior Details Number of Rooms: 2Types of Rooms: Bedroom, Dining Room |
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 8Number of Bathrooms (full): 6Number of Bathrooms (half): 2 |
Dimensions and Layout Living Area: 8363 Square Feet |
Appliances & Utilities Appliances: Cooktop, Electric Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Microwave, Pot Filler, Range, Refrigerator, Steam Oven, Tankless Water Heater, Washer, Wine CoolerDishwasherDisposalDryerLaundry: Inside,Laundry TubMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: OutsideSpa: In Ground, Heated, Pool IntegratedHas a FireplaceHas a Spa |
Gas & Electric Gas: Propane |
Windows, Doors, Floors & Walls Window: Window Coverings, Impact Resistant Windows, Shutters ElectricDoor: Impact Resistant DoorsFlooring: Marble, Wood |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoFloors: Marble, Wood |
View Has a ViewView: Landscaped Area, Pool/Club |
Security Security: Security System |
|
|---|
Exterior Home Features Roof: SlatePatio / Porch: Deck, Screened Lanai/PorchOther Structures: Outdoor KitchenExterior: Outdoor Grill, Fire Pit, Outdoor Kitchen, Outdoor ShowerFoundation: Concrete BlockHas a Private Pool |
Parking & Garage Number of Garage Spaces: 5Number of Covered Spaces: 5No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 5Parking: Driveway,Golf Cart,Attached |
Pool Pool: Pool/Spa Combo, In Ground, Gas Heat, Salt WaterPool |
Frontage Waterfront: NoneRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Septic Tank |
Farm & Range Not Allowed to Raise Horses |
|
|---|
Year Built Year Built: 2024 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: House |
Building Building: DSL/Cable AvailableConstruction Materials: Block, StuccoIs a New Construction |
Property Information Parcel Number: 67184000008 |
|
|---|
Price List Price: $13,700,000 |
Status Change & Dates Off Market Date: Tue Nov 12 2024 |
|
|---|
MLS Status: Closed |
|
|---|
Direction & Address City: NAPLESCommunity: PINE RIDGE |
School Information Elementary School: SEA GATE ELEMENTARYJr High / Middle School: PINE RIDGE MIDDLE SCHOOLHigh School: BARRON COLLIER HIGH SCHOOL |
|
|---|
Building Area Building Area: 11415 Square Feet |
|
|---|
Community Features: No SubdivisionNot Senior Community |
|
|---|
Association for this Listing: NaplesNo HOA |
|
|---|
Lot Area: 1 Acres |
|
|---|
Contingencies: Inspection |
|
|---|
Furnished |
|
|---|
Mls Number: 224051122 |
|
|---|
HOA Amenities: None |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 12, 2024 Source: SWFLMLS #224051122 | Sold | $12,575,000 |
Oct 10, 2024 Source: SWFLMLS #224051122 | Pending | $13,700,000 |
Jun 19, 2024 Source: SWFLMLS #224051122 | Listed For Sale | $13,700,000 |
Aug 23, 2023 Source: SWFLMLS #223010432 | ListingRemoved | |
Feb 8, 2023 Source: SWFLMLS #223010432 | Listed For Sale | $11,325,000 |
Aug 17, 2022 Source: SWFLMLS #220062947 | ListingRemoved | $1,250,000 |
Feb 4, 2022 Source: SWFLMLS #222008859 | Listed For Sale | $9,950,000 |
Oct 8, 2021 Source: N/A | Sold | $1,772,500 |
Sep 14, 2021 Source: SWFLMLS #221064708 | Pending | $1,795,000 |
Sep 7, 2021 Source: SWFLMLS #221064708 | Listed For Sale | $1,795,000 |
Mar 23, 2021 Source: N/A | Sold | $1,250,000 |
Mar 7, 2021 Source: SWFLMLS #220062947 | Pending | $1,250,000 |
Oct 23, 2020 Source: SWFLMLS #220062947 | Listed For Sale | $1,250,000 |
Oct 18, 2017 Source: NABOR FL #216047045 | Sold | $1,275,000 |
Feb 10, 2017 Source: Agent Provided | PriceChange | $699,000 Price decreased by 13% |
Jul 21, 2016 Source: Agent Provided | Listed For Sale | $799,000 |
May 23, 2014 Source: N/A | Sold | $1,000,000 |
Jul 12, 2013 Source: Agent Provided | Listed For Sale | $1,050,000 |
Oct 19, 2012 Source: Agent Provided | ListingRemoved | $1,050,000 |
Sep 13, 2012 Source: Agent Provided | PriceChange | $1,050,000 Price decreased by 9% |
May 8, 2012 Source: Agent Provided | Listed For Sale | $1,150,000 |
Mar 1, 2012 Source: Agent Provided | ListingRemoved | $1,200,000 |
Jul 29, 2011 Source: Agent Provided | Listed For Sale | $1,200,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $70,670 | $7,946,035 |
Home facts updated by county records
Market trends in Naples
Last updated August 2026
Avg. sale price
$550K
$18.33KMoM
Sale-to-List Price
95.0%
0.1%MoM
Price per sq ft
$323
$9MoM
Available listings
4452
376MoM
Around this home
What Locals Say about Pine Ridge
At least 21 Trulia users voted on each feature.
90 % Say it's quiet
89 % Say parking is easy
88 % Say it's dog friendly
74 % Say it's walkable to restaurants
74 % Say car is needed
68 % Say people would walk alone at night
67 % Say they plan to stay for at least 5 years
64 % Say streets are well-lit
64 % Say there are sidewalks
63 % Say there's holiday spirit
58 % Say it's walkable to grocery stores
52 % Say yards are well-kept
40 % Say neighbors are friendly
34 % Say there's wildlife
27 % Say there are community events
19 % Say kids play outside
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS. Copyright 2026 Southwest Florida MLS. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
Frequently asked questions about 198 Caribbean RD
- What is 198 Caribbean RD estimated to be worth?Trulia's estimated value for 198 Caribbean RD in Naples, FL is $11,486,800.
- What is the price history for 198 Caribbean RD?198 Caribbean RD in Naples, FL last sold for $12,575,000 in November 2024.
- Is Naples a buyer's or seller's market?Naples is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Naples?The median sale price in Naples is $550K. That is down $18.33K from the prior month.
- Does 198 Caribbean RD have air conditioning?Yes, 198 Caribbean RD in Naples, FL has air conditioning.
- Does 198 Caribbean RD have a pool?Yes, 198 Caribbean RD in Naples, FL has a pool.