tomo logo

$2,300,000

Beds
5
Baths
5.5
sq ft
6,451

257 New Gate Loop, Lake Mary, FL 32746

257 New Gate Loop

LAKE MARY, FL 32746

  • <1 day on market
Welcome to 257 New Gate Loop, Lake Mary, FL. Imagine standing in the heart of your luxury kitchen, the smell of a home-cooked meal filling the air as laughter drifts in from outside. Through the large picture windows, you watch as friends and family enjoy a game by the private pool, surrounded by the lush greenery of your one-acre estate—a private retreat in the Heathrow Woods community. The primary suite is a peaceful escape, with carefully chosen high-end finishes. Just steps away, a mirrored home gym provides a dedicated space for fitness, while the spa-like en suite bathroom features a soaking tub and a spacious walk-in shower for ultimate relaxation. Across the hall, a dedicated home office with custom built-in shelving offers the perfect setting for remote work or creative projects.  The formal dining room sets the stage for elegant gatherings, with a built-in tropical fish tank adding a unique focal point. Nearby, the living room is anchored by a stone fireplace, where the flicker of flames creates a cozy yet warm ambiance. A back staircase leads to the heart of the home—the chef’s kitchen. Outfitted with stainless steel appliances, custom cabinetry, and granite countertops, it’s designed for effortless entertaining and gourmet cooking. The open-concept layout ensures seamless flow into the family room, where large glass doors frame full views of the tropical pool and lanai. Upstairs, each bedroom having its one en suite bathrooms offers private retreats for all.  A versatile media or bonus room serves as the perfect entertainment hub, ideal for home theater experiences, game nights, or a playroom. Beyond the main house, a fully functional guest house/on-law suite has been fully updated to offers additional space for loved ones of guest. The 1,064-square-foot retreat features a private bedroom, full bathroom, and a full custom kitchen making this the perfect place to stay. For car enthusiasts, the five-car garage provides ample room for vehicles, storage, and hobby space.  The driveway offers additional parking space and a circular drive.  The pool and spa have a durable pebble tec finish glisten under the Florida sun, inviting relaxation and recreation. The installed paver decking enhances the outdoor living space, creating the perfect setting for al fresco dining or evening gatherings. other updates include, upstairs A/C unit, whole-house re-plumbing, and three water heaters, ensure both comfort and efficiency, new flooring throughout, new modern fixtures,  This exceptional estate seamlessly blends luxury, comfort, and modern convenience in one of Central Florida’s most desirable gated communities. Experience the best of Florida living in this private sanctuary. Schedule your private showing today at 257 New Gate Loop, Lake Mary, FL.

Details

Property type

Single Family Residence

Est. home value

$1,833,325

Lot size

1.1 acres

Price per sq ft

$357

Year built

1995

Annual property taxes

$20,725

Monthly HOA fee

$266.67

Price History

03/19/2025
StellarMLS

StellarMLS #O6290447

Listed
$2,300,000
+79.69%
11/17/2021
StellarMLS

StellarMLS #O5962982

Sold
$1,280,000

Schools & Community

Elementary school: 

Heathrow Elementary

Middle school: 

Markham Woods Middle

High school: 

Seminole High

Community features: 

Gated, Golf, Park, Pool, Sidewalks, Tennis Court(s)

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

$1,165,712
Asking price
$2,300,000
Closing costs (~8% of asking)
-$184,000
Est. remaining loan balance
-$950,288
Cash to seller
$1,165,712

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

Seller’s Loan History

Lender

Primelending

Loan start date

November 2021

Original loan amount

$1,024,000

Est. remaining balance

$950,288

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Richard D Wahl and Sylvia N Wahl

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: 03/19/2025 at 6:35 PM

Listing updated: 03/19/2025 at 4:29 PM

Listed by: Jason Ricks, COLDWELL BANKER REALTY Phone #: (407) 696-8000

MLS: StellarMLS #O6290447

StellarMLS logo

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