The L.L.Bean Family previously owned the exceptional waterfront property
NAPLES, FLA. (January 27, 2025) — A property of unparalleled distinction is now available on the world-renowned 5th Avenue South in Naples, Florida. Situated on 1.32 acres of pristine land with 130 feet of coveted beach frontage, this trophy property represents the epitome of luxury coastal living. Priced at $40,000,000, this exceptional parcel is marketed exclusively by James Bates and Maggie Ives of Premier Sotheby’s International Realty’s Fifth Avenue office. The listing details may be found here.
This once-in-a-lifetime opportunity includes the flexibility to create a single private estate or divide the property into three buildable parcels: 25 5th Ave South, 45 5th Ave South, and 470 Gulf Shore Boulevard South. Whichever vision is pursued, this iconic address promises to redefine beachfront luxury in Naples.
Formerly part of the historic L.L. Bean compound, this legacy property is more than land — it's a lifestyle statement. Nestled between the powdery white sands of the Gulf and the vibrant energy of 5th Avenue South, it combines the tranquility of beachfront living with easy access to Naples' finest dining, shopping, and cultural experiences.
Whether you're envisioning a sprawling estate or a thoughtfully designed trio of residences, this property offers endless creative potential. The allure of waking up to the sound of the waves, basking in the Florida sun, and enjoying the best of Naples' vibrant culture is now within reach.
"This is a rare opportunity to own and shape a truly iconic address," said James Bates, Premier Sotheby’s International Realty." This property is incomparable to anything else on the market. It’s a chance to own a piece of history while shaping a future that reflects unparalleled elegance and exclusivity.”
About Premier Sotheby’s International Realty
Headquartered in Naples, Florida, Premier Sotheby’s International Realty has over 1,400 sales professionals in 40 locations throughout Florida and North Carolina. Premier Sotheby’s International Realty also benefits from an association with the storied Sotheby's auction house, established in 1744. The brokerage was founded by The Lutgert Companies, a prominent member of Southwest Florida’s business community since 1964, and is proudly associated with Peerage Realty Partners. For more information, visit premiersothebysrealty.com.
