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$975,000

Beds
2
Baths
1.0
sq ft
1,350

13524 Corkwood Ln, Astatula, FL 34705

13524 Corkwood Ln

ASTATULA, FL 34705

  • 346 days on market
Welcome to an expansive 24.27-acre property. On this property there is a residence currently on site, which is approximately 1350 sq ft and this home is ready for a complete remodel to make it your own! The living room features Cypress log-style stairs leading to the loft and bedrooms. The walls and ceiling in the living room enhance the rustic charm with their Cypress finishes. There is a stone waterfall shower in the bathroom, while the brick arch passage leads to a versatile 10 x 20 office or room with French doors to the outside. The washer-dryer laundry space, electrical panel closet, and clothing closet are neatly tucked away in the back room. A rear door provides easy access to the outdoors, allowing you to enjoy the serene surroundings. Upstairs, the quaint loft bedroom and closet, connected by a charming "Bridge" to another bedroom with a spacious dormer, offer a unique living space. For car enthusiasts or those in need of ample storage, the property features am UNFINISHED BLOCK three-car garage with a 9 ft ceiling height and 10 ft wide door openings (NO ROOF YET). The rear 8 ft door and RV storage on one side add a practical touch, while the roughed-in plumbing and reinforced, solid walls provide a versatile space ready for your customization. The Barn, measuring 24 x 24 with a 10 x 24 covered porch on both sides and cypress beams. The upstairs, with walk-through trusses, offers an 8 ft ceiling and a 14 x 24-foot living space with openings at either end, providing endless possibilities. Adjacent to the main residence, a 12 x 14 cement block elevated slab outbuilding awaits. Nature lovers will appreciate the creek running through the property, always full and meandering to CR 561. While the covered bridge was a planned feature, the property still retains its natural beauty. Finally, the concrete stem wall slab foundation behind the cottage, engineered for 2-3 stories, presents a unique opportunity. With a 28 x 46 footprint and a 14 x 14 three-story foundation, this structure is partially attached to stand alone as a "Tower" for bedrooms, a study, and an open-air observation area at the very top. Keep in mind you can bring your HORSES! While some may want to keep this acreage as a single-family homesite, what makes this property intriguing is the inclusion of a Family Density rule, allowing for the potential sub-division of the land into lots with a minimum of 1 acre of developable area each. Under this rule, residents have a unique opportunity to create a family lot split on this beautiful piece of land. Stipulations for family lot split include the requirement that the residents must be related and commit to living on the property for at least 5 years. For those interested in exploring the potential of this rule, a concept has been developed showcasing the ability to create 4 lots while adhering to the guidelines. Please verify with Lake County on all of the requirements necessary.

Details

Property type

Single Family Residence

Est. home value

$753,994

Property condition

Fixer

Lot size

24.2 acres

Price per sq ft

$723

Year built

1994

Annual property taxes

$2,191

HOA

No

Price History

06/14/2024
StellarMLS

StellarMLS #G5076410

Listed
$975,000
06/14/2024
StellarMLS

StellarMLS #G5076410

Removed
$975,000
12/13/2023
StellarMLS

StellarMLS #G5076410

Listed
$975,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Home Point Financial Corporation

Loan start date

May 2017

Original loan amount

$241,300

Est. remaining balance

Not provided

Interest rate

4.1%

Loan type

Building or Construction Loan, 30 year

Seller

John M Artimovich and Margaret A Artimovich

Lender

American General Home Equity Inc

Loan start date

May 2001

Original loan amount

$32,200

Est. remaining balance

Not provided

Interest rate

6.91%

Loan type

New Conventional

Seller

John M Artimovich and Margaret A Artimovich

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: 11/23/2024 at 12:30 AM

Listing updated: 11/01/2024 at 1:36 PM

Listed by: Karin Arellano, ARELLANO REALTY & INVESTMENTS Phone #: (352) 241-0004

MLS: StellarMLS #G5076410

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