Welcome to one of North Naples' most seldom offered penthouse opportunities-an elevated waterfront back bay, gulf access residence reimagined with exceptional craftsmanship and coastal sophistication. This top-floor unit offers vaulted ceilings, finished with stunning white tongue-and-groove wood that draws the eye upward and highlights the scale of the space. The owner thoughtfully reconfigured nearly every non-load-bearing wall and fully opened the kitchen to create an expansive layout with modern flow. A major architectural upgrade replaced the smaller original 8-foot slider with a second 12-foot slider, inviting significantly more natural light while maximizing sightlines of the back bay and mangroves. Additional enhancements include fully remodeled bathrooms with walk-in showers (the primary featuring dual showerheads), solid-core interior doors throughout, and high-end white kitchen cabinetry contrasted with gorgeous walnut flooring, brand-new lanai screens and stunning herringbone porcelain tile that resembles natural wood. These large penthouse units seldom come available, this particular unit has only had two owners in its 33-year history while two neighboring penthouses still belong to their original owners. Princeton Place Building One offers the most unobstructed vantage point of all five buildings in the complex with easy access to the docks, providing exceptional ambience and further enhancing the coveted waterfront lifestyle. Boat docks are available for sale or lease just steps from your back door. Residents may also enjoy optional membership to the highly regarded Tarpon Cove Beach & Racquet Club, featuring Har-Tru tennis courts, sophisticated dining, a resort-style pool, fitness offerings, and a private boat shuttle to Delnor-Wiggins Pass State Park Beach.