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$798,154Estimated home value

Beds
5
Baths
4.0
sq ft
3,498

16344 Magnolia Bluff Dr, Montverde, FL 34756

16344 Magnolia Bluff Dr

MONTVERDE, FL 34756

  • Off market
    • Price drop $10,000↓
Amazing opportunity to own a fully upgraded Montverde EXECUTIVE POOL HOME on a massive lot with breathtaking elevated views!! Tucked away in the highly coveted and tree-lined community of Magnolia Terrace, this 5 bedroom 4 full bathroom MOVE-IN READY MASTERPIECE boasts nearly 3500 square feet of living space, sits atop .65 acres, and is loaded with upgrades and luxury design. Arrive at the property and immediately take notice of AMAZING CURB APPEAL highlighted by a well manicured front lawn, lush mature landscaping, column accents, and an extended driveway leading to an oversized parking area and THREE-CAR GARAGE. Enter through the glass-inlaid double door front entrance into a bright and positive feeling home. HARDWOOD FLOORS, double tray ceilings, designer light fixtures, CROWN MOLDING, and spectacular views are found throughout the entire home. Walk past the family room and formal dining area into a large upgraded kitchen that is loaded top-to-bottom with 42 inch maplewood two-tone cabinets. The kitchen features granite countertops, reverse osmosis water filtration system, a floating island, bar-top counter, breakfast area, stainless steel appliances, wine cooler, and a closet style pantry…WOW! Just past the kitchen, the large living area provides ample space for relaxing and/or entertaining and comes equipped with a built-in electric fireplace and ceiling speakers. The “East Wing” of the home consists of a full hallway bathroom with exterior poolside lanai access, one secondary bedroom(or HOME OFFICE), and the master bedroom. The master suite features sliding door lanai access, tray ceilings, recessed reading lights, ceiling speakers, and a walk-in closet with built-in shelving, drawers, and other organizers. The master bath is highlighted by an oversized dual sink vanity, jetted garden style tub, and large tiled stall shower with a frameless glass door. The “West Wing” of the home consists of two additional secondary bedrooms, another upgraded full size bathroom, and laundry room with tub sink and cabinets for storage. The oversized 5th bedroom(or LOFT) is upstairs and includes another full en-suite bathroom and walk-in closet. Finish upstairs and head outside to experience a true PRIVATE POOLSIDE PARADISE!! The covered lanai and screen enclosed pool areas provide spectacular elevated views of the massive fully fenced backyard and nearby Bella Collina clubhouse and golf course. The pool features a sparkling PEBBLE-TEC finish, soothing fountain accent, and lush poolside landscaping. The OUTDOOR KITCHEN is great for all year grilling and the lanai provides ample space for both dining and lounging as you enjoy the TV and built-in stereo surround system. Additional facts and features of the home include: an irrigation well for utilities savings, water softener system, a massive 80 gallon hybrid hot water heater(2020), newer HVAC units(2019 and 2020), 2016 roof, insulated garage with storage racks and surround sound, mature fruit trees, and more! Ideally situated just 5 minutes from the highly esteemed MONTVERDE ACADEMY, 15 minutes from downtown Winter Garden, and 45 minutes from Disney, MCO airport, and Downtown Orlando, this home strikes the perfect balance of size, value, and amazing location. Secure your opportunity to experience the TRUE FLORIDA LIFESTYLE and book your private showing today!

Details

Property type

Single Family Residence

Est. home value

$798,154

Lot size

0.65 acres

Price per sq ft

$252

Year built

2003

Annual property taxes

$8,283.77

Monthly HOA fee

$50

Price History

09/04/2024
StellarMLS

StellarMLS #O6210912

Removed
$879,000
07/15/2024
StellarMLS

StellarMLS #O6210912

Price change
$879,000
-1.12%
06/05/2024
StellarMLS

StellarMLS #O6210912

Listed
$889,000
+8.41%

Schools & Community

Elementary school: 

Grassy Lake Elementary

Middle school: 

East Ridge Middle

High school: 

Lake Minneola 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

$411,945
Asking price
$879,000
Closing costs (~8% of asking)
-$70,320
Est. remaining loan balance
-$396,735
Cash to seller
$411,945

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

$410,000

Est. remaining balance

$396,735

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Kyle L Farnsworth and Maria Farnsworth

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: Off Market

Tomo last checked: 10/05/2024 at 10:50 PM

Listing updated: 09/04/2024 at 11:38 AM

Listed by: Chuck Burt, YOUNG REAL ESTATE Phone #: (407) 904-0069

MLS: StellarMLS #O6210912

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