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$1,290,000

Beds
6
Baths
4.0
sq ft
5,040

127 Mystic Lake Dr N, Saint Petersburg, FL 33702

127 Mystic Lake Dr N

SAINT PETERSBURG, FL 33702

  • 1 day on market
Welcome to the "Mystic Manor," a truly one-of-a-kind estate in Northeast St. Pete. Just west of 1st St N near 62nd Ave N this home is situated on an extremely private cul-du-sac street on over a half acre triple lot (150 x 155.) Overlooking the serene, city maintained park and lake called Mystic Lake, the property offers amazing scenic waterfront views like you have not seen in residential St. Pete. Additionally, the area is conveniently located near various amenities, shopping (Whole Foods, Fresh Market, Trader Joe's, Target) dining options (Kahwa Coffee, Red Mesa, Noble Crust), and recreational facilities (the New Speer YMCA, Mangrove Bay Public Golf Course, Fossil, Puryear and Denver Park) so residents an incredible lifestyle that combines natural beauty with urban convenience. This remarkable 5,040 sqft concrete block house opens with an incredible 2-story formal foyer with curved staircase leading to the functional yet stunning interior; 6 bedrooms (2 are downstairs and could also be offices, media rooms, or additional living space,) 4 beautifully updated full bathrooms, large open updated kitchen, a new roof, a resort size pool (10ft deep) with waterfall, spa and 2-story cage, a outdoor kitchen and dining area with water and gas, a completely fenced 6ft concrete walled backyard, 4-car garage plus storage, and circular driveway. The home is storm resilient without issues from recent storms and with .54 acres you have room for an RV, trailer, boat, etc. The location is in close proximity to Shore Acre Elementary School, Northeast High School, Mangrove Bay Middle School, Canterbury School, Shorecrest Preparatory School, and Clearwater/ St. Pete and Tampa Airports. This would be the perfect house for a large family, a multi-generational family, or anyone needing ample space for a home office. There are just so many options both inside and out! This is the most desirable location for those seeking a waterfront lifestyle within the city. You are going to be wowed by this one!

Details

Property type

Single Family Residence

Est. home value

$1,448,414

Lot size

0.51 acres

Price per sq ft

$256

Year built

1974

Annual property taxes

$8,997

HOA

No

Price History

01/12/2025
StellarMLS

StellarMLS #TB8337850

Listed
$1,290,000
+143.4%
08/20/2015
StellarMLS

StellarMLS #U7738456

Sold
$530,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$845,151
Asking price
$1,290,000
Closing costs (~8% of asking)
-$103,200
Est. remaining loan balance
-$341,649
Cash to seller
$845,151

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

August 2015

Original loan amount

$424,000

Est. remaining balance

$341,649

Interest rate

4.04%

Loan type

New Conventional, 30 year

Seller

Walter Garrett Gowan Jr and Christie C Gowan

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: 01/13/2025 at 3:40 AM

Listing updated: 01/13/2025 at 1:03 AM

Listed by: Sarah Howe, COMPASS FLORIDA LLC Phone #: (727) 339-7902

MLS: StellarMLS #TB8337850

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