tomo logo

$4,499,000

Beds
6
Baths
8.0
sq ft
6,755

11217 Bridge House Rd, Windermere, FL 34786

11217 Bridge House Rd

WINDERMERE, FL 34786

  • 320 days on market
    • Price drop $481,000↓
This exquisite 1-acre property is situated on Lake Butler, widely regarded as the most sought-after lake in the Windermere chain. With almost 7,000 square feet of true luxury fully furnished, this beautiful estate boasts breathtaking views of Lake Butler from the moment you step through its double doors entrance. Built in 2004, the interior is adorned with luxurious details including 12' ceilings, crown molding, 8' doors, mosaic inlaid and travertine floors, as well as French doors throughout, providing water views from every room.The outdoor living area of this remarkable property is equally impressive, featuring an oversize swimming pool and spa surrounded by 16 x 16 travertine bricks. The summer kitchen has been fully remodeled and boasts a modern, fully functional kitchen setup. This space is perfect for hosting parties while enjoying the stunning lake views through the enclosed glass wall.The ground floor of the property offers a luxurious owner's retreat, complete with custom-built walk-in closets and spa-like bathrooms. The bathrooms feature separate shower enclosures, private toilet areas, and soaking tubs, providing a tranquil space for relaxation. On the second floor, you'll find a spacious bonus room over the garage, perfect for a variety of uses. Additionally, there are four guest suites, each with walk-in closets and ensuite bathrooms. Two of these guest suites face the lakefront and offer private balcony access. The upstairs hallway features its own breakfast and beverage bar for added convenience.Certainly! The Reserve at Lake Butler Sound is a highly esteemed subdivision located in Windermere. With its 24-hour guarded gate, this community prioritizes both privacy and safety. Living in this area is a true luxury experience in one of the most desirable locations.

Details

Property type

Single Family Residence

Est. home value

$5,303,220

Lot size

1.03 acres

Price per sq ft

$667

Year built

2004

Annual property taxes

$43,980.14

Monthly HOA fee

$400

Price History

05/24/2024
StellarMLS

StellarMLS #O6136367

Price change
$4,499,000
-9.66%
02/20/2024
StellarMLS

StellarMLS #O6136367

Price change
$4,980,000
-6.92%
08/22/2023
StellarMLS

StellarMLS #O6136367

Listed
$5,350,000
+72.58%

Schools & Community

Elementary school: 

Windermere Elem

Middle school: 

Bridgewater Middle

High school: 

Windermere High School

Negotiation Insights

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

Seller could get up to

$2,482,423
Asking price
$4,499,000
Closing costs (~8% of asking)
-$359,920
Est. remaining loan balance
-$1,656,657
Cash to seller
$2,482,423

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Helm Bank Usa

Loan start date

October 2021

Original loan amount

$1,960,000

Est. remaining balance

$1,656,657

Interest rate

2.18%

Loan type

New Conventional, 15 year

Seller

Wr Legacy Llc

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?

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Status: Active

Tomo last checked: 07/07/2024 at 7:00 PM

Listing updated: 05/24/2024 at 11:03 AM

Listed by: Leonardo Pereira, CHARLES RUTENBERG REALTY ORLANDO Phone #: (407) 622-2122

MLS: StellarMLS #O6136367

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Recently listed in WINDERMERE