tomo logo

$6,575,000

Beds
5
Baths
5.0
sq ft
6,562

11148 Lane Park Rd, Tavares, FL 32778

11148 Lane Park Rd

TAVARES, FL 32778

  • 56 days on market
ONCE-IN-A-LIFETIME LUXURY ESTATE: Enjoy elevated, expansive lakefront views on the Harris Chain of Lakes. Spanning over 34 acres of prime land with extensive lake coverage, this property includes developable parcels, equestrian facilities, and direct boating access to one of Central Florida’s most sought-after lake chains. A rare gem that checks every box for the discerning buyer, offering unmatched opportunities hard to replicate elsewhere in the country. PRIME LAKEFRONT: Situated on 34.35 acres directly on Lake Harris, one of Florida’s largest lakes, with over 1,200 feet of pristine lake frontage. Enjoy private, serene living with breathtaking westward sunset views from 100-foot elevations, creating an idyllic backdrop for luxury living. EXPANSIVE LUXURY LIVING: The 6,562 sq. ft. Mediterranean-style estate offers 5 bedrooms and 5 bathrooms, recently upgraded with high-end finishes. It features an authentic Venezuelan clay tile roof and a grand fountain. Accessed via a driveway with stone pavers and a gated entrance, the property is fully enclosed for privacy and security. EQUESTRIAN FACILITIES: Equipped with a custom-built three-stall barn, air-conditioned tack room, large fenced pasture, and nearly 1 mile of private, wooded riding trails, including lakefront hardwood and cypress paths—ideal for equestrian enthusiasts. BOATER’S PARADISE: A private dock with new electrical wiring, decking, and a boat lift provides direct access to Lake Harris and its chain of seven lakes. These interconnected waterways span 50,000 acres, renowned for natural beauty and boating. Charming lakeside restaurants and cafes are perfect dining spots amidst stunning surroundings. OUTDOOR OASIS: A resurfaced commercial-sized pool, built-in spa with therapeutic jets, and a $250,000 curved staircase set the stage for large events or intimate gatherings. BEAUTIFUL LANDSCAPING: The estate is enclosed with vinyl fencing, featuring a low-maintenance, lush setting with a full-coverage irrigation system. The grounds include over 30 exotic fruit trees, enhancing natural beauty and offering a private orchard experience. RECENT UPGRADES: New HVAC system, whole-house water filtration, remodeled kitchen, energy-efficient LED lighting, and upgraded electrical panel ensure modern convenience and efficiency. ENTERTAINMENT: The backyard features a koi pond, waterfalls, fire pit, gazebo, multiple patios accommodating hundreds of guests, and a private rifle and pistol range up to 150 yards—perfect for outdoor enthusiasts. EXPANSION POTENTIAL: Includes 29 acres of undeveloped, wooded property with a AG timber exemption for low taxes. The land, comprising five 5+ acre lots, offers over 1,000 feet of lake frontage eligible for rezoning, providing immense development options, including a guest house, tennis courts, or a private family compound. EXCEPTIONAL LOCATION: Ideally located in Central Florida, offering quick access to the Florida Turnpike, Orlando, Mount Dora’s boutiques, and Ocala. Golf enthusiasts will enjoy the nearby Mission Inn Resort, while private jet owners benefit from Leesburg International Airport, just 10 miles away. The Villages, with shopping, dining, and entertainment, is also close. For fishing enthusiasts, Homosassa on the west coast, known for Gulf access, flats fishing, and scalloping, is just a 75-min drive. Easy access to Port Canaveral’s cruise terminals, airports, theme parks, and Atlantic beaches blends tranquility with vibrant Central Florida living.

Details

Property type

Single Family Residence

Est. home value

$1,955,509

Lot size

34.35 acres

Price per sq ft

$1,002

Year built

1990

Annual property taxes

$12,706

HOA

No

Price History

09/27/2024
StellarMLS

StellarMLS #O6243293

Listed
$6,575,000
+248.25%
11/10/2021
StellarMLS

StellarMLS #G5040393

Sold
$1,888,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

United Southern Bk

Loan start date

April 2003

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

5.84%

Loan type

Not Provided

Seller

Robert Vincent Sims and Nalini June Ann Sims

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/22/2024 at 11:15 AM

Listing updated: 10/24/2024 at 11:42 AM

Listed by: Bryan Fangman, PRECISION APPROACH REALTY LLC Phone #: (407) 358-6996

MLS: StellarMLS #O6243293

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