Description
Introducing Vela Bay, an intimate collection of four contemporary waterfront residences overlooking Naples Bay in the heart of Olde Naples. Designed for refined coastal living, each residence offers more than 4,300 square feet with 4 bedrooms, 4.5 baths, 2-3 car private garages and a thoughtfully planned layout that transitions effortlessly from quiet mornings to evenings spent entertaining. A boutique lobby creates an elegant sense of arrival before opening into light-filled private residences framed by floor-to-ceiling glass. Expansive bay views provide a captivating backdrop throughout the main living areas, while generous terraces embrace the waterfront setting. At the heart of the home, an open-concept great room with a sleek linear gas fireplace offers a sophisticated yet comfortable gathering space. Thoughtfully designed for luxurious everyday living and effortless entertaining, the gourmet kitchen features European cabinetry, premium appliances, built-in refrigerator and freezer columns, a six-burner gas range, quartz countertops, and a 12-foot island. A butler's pantry with a built-in coffee system, custom wet bar, and a passive wine room complete the elevated entertaining experience. The owner's suite is a serene retreat with direct terrace access and a spa-inspired bath featuring a freestanding soaking tub, oversized walk-in shower, dual vanities, and designer finishes. A versatile first-floor flex space can be tailored as a private office, fitness studio, media room, or wellness retreat. Above it all, the rooftop deck awaits with a stunning pool, outdoor kitchen, and inviting lounge areas, all offering 360-degree panoramic views of Naples Bay, the Gulf skyline, and evening sunsets. Ideally situated near the celebrated dining, shopping, and entertainment of 5th Avenue South and 3rd Street South, Vela Bay also offers convenient access to Naples' white-sand beaches, Naples Airport, and Southwest Florida International Airport. Construction of Phase II is scheduled to begin in fall 2026 and is planned to introduce four additional residences, with pricing starting just under $10 million. With a limited collection of homes, Vela Bay offers a distinctive opportunity to experience contemporary waterfront living in the heart of Olde Naples.
Details
| MLS # | 226028046 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $32,000 |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2024 |
| Days On Site | 39 |
| Listing Provided By | John R Wood Properties | Kimberly Alvord |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 4,378 |
| Garage | 3 |
| Story(s) | 1 |
| Units | 4 |
| Water Front | Yes |
| Property View | Yes |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Ceiling Fan(s), Central Electric, Humidistat, Whole House Fan |
| Heating Yes / No | Yes |
| Heating | Central Electric |
| Interior Features | Bar, Built-In Cabinets, Closet Cabinets, Custom Mirrors, Fire Sprinkler, Fireplace, Foyer, Laundry Tub, Pantry, Smoke Detectors, Wired for Sound, Volume Ceiling, Walk-In Closet(s), Wet Bar |
| Furnished | Furnished |
| Appliances | Gas Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Grill - Gas, Microwave, Range, Refrigerator/Freezer, Self Cleaning Oven, Walk-In Cooler, Washer, Wine Cooler |
| Fireplace Yes / No | Yes |
| Laundry Features | Laundry in Residence, Laundry Tub |
| Room Dining Room Features | Breakfast Bar, Dining - Living |
Exterior
| Exterior Features | Open Porch/Lanai, Built In Grill, Outdoor Kitchen |
|---|---|
| Roof | Built-Up |
| Security Features | Smoke Detector(s), Fire Sprinkler System |
| Construction Materials | Concrete Block, Stucco |
| Foundation Details | Concrete Block |
| Lot Features | Zero Lot Line |
| Patio And Porch Features | Deck |
Parking
| Garage Yes / No | Yes |
|---|---|
| Attached Garage Yes / No | Yes |
| Parking Features | Deeded, Driveway Paved, Guest, Paved, Under Bldg Closed, Attached |
Utilities
| Gas | Propane |
|---|
Location
| Community Features | Pool, Sidewalks, Street Lights |
|---|
Taxes
| Tax Annual Amount | 853.32 |
|---|---|
| Tax Legal Description | OLD COVE, THE A CONDOMINIUM 2ND ADD UNIT 8C-5 |
| Tax Year | 2025 |
Area Information
| State | FL |
|---|---|
| County | Collier |
| City | NAPLES |
| Zip Code | 34102 |
| Area | OLDE NAPLES |
| Community Name | VELA BAY |
| School District | NAPLES HIGH SCHOOL |
| Elementary School | LAKE PARK ELEMENTARY |
| High School | NAPLES HIGH SCHOOL |
| Listing VS Median (in VELA BAY) | |
Price: $7,695,000 low | high Med: $6,795,000 sqft: 4,378 low | high Med: 4,378 $ / sqft: $1,758 low | high Med: $1,552 On site: 39 low | high Med: 39 | |
Market Activity 34102
Request a showing
Request a showing
Contact
Learn More About This Property
| State | FL |
|---|---|
| County | Collier |
| City | NAPLES |
| Zip Code | 34102 |
| Area | OLDE NAPLES |
| Community Name | VELA BAY |
| School District | NAPLES HIGH SCHOOL |
| Elementary School | LAKE PARK ELEMENTARY |
| High School | NAPLES HIGH SCHOOL |
| Listing VS Median (in VELA BAY) | |
Price: $7,695,000 low | high Med: $6,795,000 sqft: 4,378 low | high Med: 4,378 $ / sqft: $1,758 low | high Med: $1,552 On site: 39 low | high Med: 39 | |
 | $5,995,0001165 8th St S #201Naples, FL 34102 |
 | $6,795,0001165 8th St S #202Naples, FL 34102 |
 | $6,450,000745 12th Ave S 103Naples, FL 34102 |