tomo logo

$4,995,000

Beds
5
Baths
6.0
sq ft
7,736

12540 Park Ave, Windermere, FL 34786

12540 Park Ave

WINDERMERE, FL 34786

  • 381 days on market
    • Price drop $504,000↓
Experience the epitome of sophistication at this exquisite Park Avenue estate, cradled in a peaceful cove of Lake Butler. As you step inside, harmonious blends of transitional finesse and timeless grandeur greet you, set against the poetic panorama of Windermere's lakefront, behind the private gates of Chaine du Lac. Take advantage of updates including a refreshed kitchen and state-of-the-art appliances, newer pool deck, new boat dock, ultra-efficient air conditioning units, and whole-home generator – no detail has been overlooked. The expansive family room seamlessly merges with a kitchen and cozy breakfast nook, offering serene water vistas. Dramatic living and dining rooms with soaring ceilings and double-sided fireplace deliver luxurious space for entertaining. The first-floor primary retreat offers a sumptuous escape from the ordinary with panoramic octagonal windows and elegant French doors. Alongside, discover a private den for working from home. Opposite on the main floor is a full guest suite with sauna. Upstairs is a media room and three additional bedrooms, all ensuite. Just above the master bedroom is a second staircase leading to a game room, offering a full bar, restaurant-grade smoke filtration system, half-bath and a private balcony. An attached cabana could be a 6th bedroom or gym. Embrace resort-style living with a grand canopy-covered summer kitchen. Bask in mesmerizing sunsets, enjoy Orlando's iconic attractions, and be enchanted by nightly Disney fireworks. Unwind under an Italian-inspired pergola adorned with hanging vines, a cozy loveseat swing, and a warm fireplace. A dual-berth boat dock and pristine beachfront beckon, while a spacious 4-car garage add to the estate's unmatched amenities. This property and its commanding views stand as a true testament to the best of Windermere lakefront living.

Details

Property type

Single Family Residence

Est. home value

$3,347,746

Lot size

1.0 acres

Price per sq ft

$646

Year built

1995

Annual property taxes

$38,942

Monthly HOA fee

$491.67

Price History

09/27/2024
StellarMLS

StellarMLS #O6151810

Price change
$4,995,000
-9.17%
08/14/2024
StellarMLS

StellarMLS #O6151810

Price change
$5,499,000
-4.37%
02/21/2024
StellarMLS

StellarMLS #O6151810

Price change
$5,750,000
-0.86%

Schools & Community

Elementary school: 

Windermere Elem

Middle school: 

Bridgewater Middle

High school: 

Windermere High School

Community features: 

Gated

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

Compass Bank

Loan start date

March 2018

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

3.57%

Loan type

Credit Line (Revolving), 25 year

Seller

Benjamin Burris and Bridget Burris

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: 11/08/2024 at 3:40 PM

Listing updated: 10/25/2024 at 3:51 PM

Listed by: Rob Rahter, STOCKWORTH REALTY GROUP Phone #: (407) 909-5900

MLS: StellarMLS #O6151810

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