tomo logo

$4,190,000

Beds
5
Baths
5.5
sq ft
6,006

18304 Wayne Rd, Odessa, FL 33556

18304 Wayne Rd

ODESSA, FL 33556

  • 9 days on market
Prepare to be captivated by this once-in-a-lifetime opportunity to own a breathtaking 3-acre gated estate on Lake Keystone, Odessa's most desirable ski lake. One of only nine properties on the lake boasting 3+ acres and a west-facing view, this home offers a front-row seat to stunning sunsets every evening. As you enter through the private gate and down the winding driveway, you’re welcomed by immaculate landscaping illuminated by landscape lights, leading you to the grand entrance of this architectural masterpiece. The meticulously maintained grounds are secured with fencing and tall hedges for added privacy. The brick-clad, two-story estate exudes elegance. A circular driveway leads to a magnificent fountain and a five-car garage, air-conditioned by two mini-split systems—ideal for car enthusiasts or those seeking a year-round workspace. An exterior RV pad with a 50 AMP plug (2022) adds functionality to the exterior. Inside, you're greeted with panoramic views of Lake Keystone. The formal living room features a soaring 22-foot fireplace and pocket sliders opening onto the 1,127 sq. ft. screened lanai, blending indoor and outdoor living. The serene lanai features a koi pond (2023), outdoor kitchen with a new grill (2022), and seating areas to enjoy the lake views. The heart of the home is the kitchen, remodeled in 2024 with Taj Mahal quartzite countertops and freshly painted cabinetry. The adjoining bar area and island are perfect for hosting. This estate offers two owner suites. The first-floor suite, located off the formal living room, features a wood-burning fireplace and direct lanai access. The en-suite bath offers dual vanities, a soaking tub, walk-in shower, and two walk-in closets. Upstairs, the second owner's suite enjoys a private balcony overlooking the lake—a perfect spot for morning coffee or evening sunsets. This suite also offers two walk-in closets, a double vanity, and a walk-in shower. Upstairs features two additional guest bedrooms, each with its own en-suite full bathroom. A fifth bedroom downstairs serves as a versatile space, ideal for an office or additional guest room. The property has undergone $700,000+ in renovations, including a new heated saltwater pool and spa (2023) with a unique jet filtration system. Pocket sliders from the second living room lead directly to this outdoor oasis, complete with a new pool deck. The dock includes three boat slips. One is occupied by a pontoon boat and another by two jet skis with a remote-controlled cover. The dock is fully equipped with new electrical wiring, a speaker system, and its own Wi-Fi router, perfect for lakeside relaxation. The home is outfitted with state-of-the-art technology, including the Control4 Smart Home system for managing lighting, audio, security, and climate via phone. With 16 security cameras, hurricane impact windows, and a 36KW generator powered by four 200-gallon propane tanks, this estate is both secure and stunning. Thoughtfully curated and meticulously maintained, the home includes over 55 improvements, such as a new roof on the house, shed, and dock (2022), three new AC units (2022), and new electrical panels with surge protection. Rarely does an estate of this caliber, combining modern luxury, technological innovation, and natural beauty on a 3+ acre lot directly on Lake Keystone, become available. Make this unique waterfront haven yours, and experience life on Lake Keystone as it's meant to be. Not in a Flood Zone!

Details

Property type

Single Family Residence

Est. home value

$2,953,351

Lot size

3.0 acres

Price per sq ft

$698

Year built

1985

Annual property taxes

$40,117.25

HOA

No

Price History

09/26/2024
StellarMLS

StellarMLS #TB8307133

Listed
$4,190,000
+44.48%
02/11/2022
StellarMLS

StellarMLS #T3342202

Sold
$2,900,000
+163.64%
08/26/2011
StellarMLS

StellarMLS #T2467697

Sold
$1,100,000

Schools & Community

Elementary school: 

Hammond Elementary School

Middle school: 

Sergeant Smith Middle-HB

High school: 

Steinbrenner High School

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

$1,798,999
Asking price
$4,190,000
Closing costs (~8% of asking)
-$335,200
Est. remaining loan balance
-$2,055,801
Cash to seller
$1,798,999

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

February 2022

Original loan amount

$2,175,000

Est. remaining balance

$2,055,801

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Michael Blandina and Diane Blandina

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: 10/05/2024 at 1:30 AM

Listing updated: 09/30/2024 at 2:14 PM

Listed by: Austin Marks, COMPASS FLORIDA, LLC Phone #: (813) 355-0744

MLS: StellarMLS #TB8307133

StellarMLS logo

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