tomo logo

$1,600,000

Beds
5
Baths
4.0
sq ft
4,370

1220 Lake Mills Rd, Chuluota, FL 32766

1220 Lake Mills Rd

CHULUOTA, FL 32766

  • 1 day on market
Seller may consider buyer concessions if made in an offer **WELCOME HOME** Your exceptional estate awaits at 1220 Lake Mills Rd in Chuluota on OVER 5 ACRES of pristine land complete with a PRIVATE POOL, mature trees, a picturesque POND and numerous updates - one being the BRAND NEW EAGLE TILE ROOF (MARCH 2025) with a ventilated batten system! This incredible property also features both an ATTACHED and MASSIVE DETACHED GARAGE giving you ample space for parking, hobbies and storage. A 1BED/1BATH apartment on the second floor provides added privacy and comfort for guests, IN-LAWS or potential renters or use it as one big bonus space alongside the THEATER ROOM with updated furnishings (2022) and an outstanding sound system, and the dedicated security room with video feeds from the cameras for peace of mind. All of the main living areas and bedrooms can be found on the first floor with the spacious living area offering gorgeous WOOD BEAMS, vaulted ceilings and French doors that open up to the pool deck, offering fantastic views and a seamless indoor/outdoor living experience. The wood beams continue through a casual dining space into the well appointed kitchen boasting rich solid wood cabinetry topped with a decorative crown molding, high ceilings, a tiled backsplash complimentary to the countertops and desirable STAINLESS STEEL APPLIANCES - perfect for preparing meals in style! If you prefer a more formal setting, there are living and dining areas at the front of the home, beautifully finished and ready to gather with family or entertain friends. The generous primary suite serves as a relaxing retreat offering the homeowner a private space to unwind with a huge WALK-IN CLOSET finished with a CUSTOM STORAGE SYSTEM and luxurious en-suite bath. This property also includes a WHOLE HOME GENERATOR, security cameras, a newer WATER FILTRATION SYSTEM (2022), FRESH PAINT (2024/2025), the pool screens were replaced and new anchors installed on the lanai (2024), and new landscape lighting and wiring installed (2024) to further enhance the curb appeal and ambiance of this stunning home. NO HOA and centrally located for easy access to all that Oviedo has to offer and not far from Downtown Orlando and the Orlando International Airport. Enjoy being just minutes away from an array of shopping and dining options, parks, lakes, area theme parks and TOP-RATED SEMINOLE COUNTY SCHOOLS. Also convenient to the beach communities to spend the day on New Smyrna/Cocoa Beach or take in the sights at Cape Canaveral's Kennedy Space Center. This property gives you the best of both worlds - ACREAGE and proximity to all the amenities and attraction you could ask for. Call today to schedule a tour and don’t miss out on the opportunity to call this Chuluota gem HOME!

Details

Property type

Single Family Residence

Est. home value

$1,488,121

Lot size

5.12 acres

Price per sq ft

$367

Year built

2004

Annual property taxes

$15,429

HOA

No

Price History

03/17/2025
StellarMLS

StellarMLS #O6280980

Listed
$1,600,000
+3.23%
12/06/2024
StellarMLS

StellarMLS #O6193159

Removed
$1,549,900
09/10/2024
StellarMLS

StellarMLS #O6193159

Price change
$1,549,900
-6.06%

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

$433,176
Asking price
$1,600,000
Closing costs (~8% of asking)
-$128,000
Est. remaining loan balance
-$1,038,824
Cash to seller
$433,176

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

$1,038,824

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?

Status: Active

Tomo last checked: 03/18/2025 at 5:10 PM

Listing updated: 03/18/2025 at 4:09 PM

Listed by: Jenny Wemert, WEMERT GROUP REALTY LLC Phone #: (407) 743-8356

MLS: StellarMLS #O6280980

StellarMLS logo

Recently listed in CHULUOTA

$1,600,000|6 bd|3.5 ba|House
$1,600,000|5 bd|4.0 ba|House
$825,000|3 bd|2.5 ba|House
$390,000|3 bd|2.0 ba|House
$2,790,000|2 bd|2.0 ba|House
$699,000|3 bd|3.0 ba|House
$1,700,000|4 bd|3.0 ba|House