tomo logo

$1,699,000

Beds
5
Baths
4.0
sq ft
4,370

1220 Lake Mills Rd, Chuluota, FL 32766

1220 Lake Mills Rd

CHULUOTA, FL 32766

  • 93 days on market
    • Price drop $50,000↓
PRICE IMPROVEMENT!!! Experience the epitome of tranquil country estate living on this sprawling 5 acre property located in the heart of Chuluota. This distinguished home offers 4400 sq. feet of exceptional living space plus a MASSIVE 3100+ sq. ft detached RV, boat, multi-car style garage, and is conveniently located only 35 minutes to Orlando International Airport. Truly one-of-a-kind and featuring 5 bedrooms, 4 full baths, bonus room, theater room, an outdoor entertaining oasis with pool and spa, whole home generator, security cameras, and water filtration system... this home is an absolute must see! There are two additional storage buildings, a private backyard pond, bricked paved patio area with fire pit, maturing fruit trees and wooded area in rear of property. Horses, chickens and goats welcome too! Custom built and meticulously crafted to the highest standards, every aspect of this property was thoughtfully curated to provide a sanctuary for those seeking year round relaxation. Families and recreational enthusiasts will love the endless opportunities for adventure this unique property provides. An expansive driveway sets the stage for the awaiting architectural grandeur and charm of the front entrance beautifully showcased by two custom marble statues and a welcoming fountain. Step inside to discover a home designed with luxurious finishes throughout. Soaring ceilings and gorgeous woodworking highlight the large dining and living room areas. Detailed windows and doors allow ample natural light and picturesque views of the surrounding outdoors. The gourmet kitchen boasts high-end stainless steel appliances including a Thermador gas cooktop and oven, stone counters, 42” custom cabinetry, a generous island and multiple dining areas making the space perfect for culinary endeavors and casual gatherings alike. Gorgeous wood timbers adorn cathedral ceilings in both the kitchen and family room with custom built-ins and stone fireplace. Wind down in the ample primary retreat with lighted tray ceiling, french door access to the pool and a spa-like ensuite bath with jetted tub, separate shower, and walk-in closet. The downstairs split floor plan has a sizable laundry room, plus two additional full size baths, and three bedrooms, one with french door entrance for outside access, and one at the front of the home available as a bedroom or home office. Watch your favorite movies in the cozy upstairs home theater or simply lounge around in the massive bonus room and bar area. The home’s second floor also hosts the 5th bedroom and full bath, making this a perfect teen or multigenerational living area. Cool off in your resort style pool or spend nights under the stars by the outdoor fire pit. Enjoy weekends fishing in your personal pond or cruising on ATVs through lakeside wooded trails. The three car attached garage features electric vehicle charging and tons of storage space. The ENORMOUS DETACHED garage boasts three 14x12 front doors and a rear 12 x 12 door to accommodate recreational vehicles, boats, RVs, or up to 9 cars with ease! With its 16-foot-high ceilings, this secondary garage offers limitless possibilities to add a car lift, create a workshop, or design a future in-law apartment. This special property offers luxury and privacy with ease of access to nearby interstates, highways, A-rated schools, beaches, restaurants, shopping venues, parks, trails, Orlando's attractions, and more!

Details

Property type

Single Family Residence

Est. home value

$1,488,121

Lot size

5.12 acres

Price per sq ft

$389

Year built

2004

Annual property taxes

$15,429

Price History

05/11/2024
StellarMLS

StellarMLS #O6193159

Price change
$1,699,000
-2.86%
04/05/2024
StellarMLS

StellarMLS #O6193159

Listed
$1,749,000
+10.35%
07/26/2022
StellarMLS

StellarMLS #O6027615

Sold
$1,585,000
+101.91%

Schools & Community

Elementary school: 

Walker Elementary

Middle school: 

Chiles Middle

High school: 

Hagerty High

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

$513,093
Asking price
$1,699,000
Closing costs (~8% of asking)
-$135,920
Est. remaining loan balance
-$1,049,987
Cash to seller
$513,093

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

July 2022

Original loan amount

$1,080,000

Est. remaining balance

$1,049,987

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Jeremy Thompson and Keri Thompson

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 7:40 PM

Listing updated: 06/13/2024 at 7:20 PM

Listed by: Jules Soapes, COMPASS FLORIDA LLC Phone #: (407) 203-9441

MLS: StellarMLS #O6193159

StellarMLS logo

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