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$879,000

Beds
3
Baths
2.0
sq ft
2,070

2799 Bay Lake Resort Rd, Polk City, FL 33868

2799 Bay Lake Resort Rd

POLK CITY, FL 33868

  • 2 days on market
WELCOME HOME to your beautifully landscaped 3-acre HIDDEN GEM with the stunning view of LAKE MATTIE! The MAIN HOUSE features 3-bedroom and 2-bathrooms, a SHE SHED (Tiny Home), a WOOD BARN (with a 2-bedroom apartment upstairs), a STEEL GARAGE/WORKSHOP BUILDING, a 3-car STEEL COVERED CARPORT and a STEEL STORAGE SHED. If you are looking for a serene and private place with plenty of custom-built structures to call home, you must see this UNIQUE TUCKED AWAY PLACE. As you drive onto the trail-like road towards the fully fenced property, you will enter through the CODED ELECTRONIC GATE and will immediately see this very spacious ranch-like property. As you approach the paved patio to the main house, you will enter a 3-bedroom 2-bathroom home that the owner spared no expense renovating. It has beautiful wood laminate flooring throughout. The living room boasts a tray ceiling and moldings all around. The exquisitely renovated kitchen has tiled flooring, wood cabinets, and stainless-steel appliances. The laundry room is equipped with a high-end front-loading washer and dryer, plenty of cabinets and a sink. Bathrooms are elegantly designed. There are too many built-ins to mention. As you step out into the LANAI you immediately connect with nature whereby you can enjoy the sunrise and sunset overlooking the lake daily. A wood deck just outside the lanai has a gas grill for your many cookouts. As you step downstairs there is another paved patio and sitting area. On the right side of the house there is a garden with fruit trees abound and an enclosed vegetable garden for those with a green thumb in the family. The TINY HOME is a SHE SHED that can be used in various ways, a bedroom, and a crafts room where you can indulge in hobbies and interests without being distracted. It has a kitchenette, a bathroom, and an outdoor shower by the side of the she shed for the hot Florida weather perfect to cool off after working in the garden. The LARGE WOOD BARN, which the owner calls his MAN CAVE, downstairs, has epoxy floors, 2 storage closets, a living area, a kitchenette, and a separate room with a full bathroom. This ROOM is designed with custom-built one-of-a-kind wood double doors and lined with CEDAR wood panels and peek-a-boo windows to let the natural light in. This room can be used as an office, a bedroom, or a game room. The barn itself can be used for various activities, such as hosting football parties, celebrating birthdays, and even using it as a wedding venue. As you open the newly installed barn-style garage door, you’ll discover a 20ft. ceiling height and enough space to store 3 or more cars, a boat, an RV, or any “toys” you may have. Additionally, there are solid wide wood stairs, leading to the upstairs apartment with wood laminate flooring, a living room, a little balcony, and 2 bedrooms. This property is perfect for a family looking for extra space or perfect as an Air BnB. There are many possible uses for this over-sized barn. Aside from the barn, there’s a 3-car Covered Carport, a steel garage/workshop, and a storage shed for all your equipment. The fact is that overall, there is a total of 7 bedrooms, 4 living rooms, 7+ patios/decks/balconies, and 4 bathrooms combined. There is also a new hurricane-ready generator, a water filtration system, security cameras, night lighting, and motion detectors throughout the property. Come and see our take on Florida Lifestyle. THIS IS A ONE-OF-A-KIND PROPERTY!!

Details

Property type

Manufactured Home

Type

Single Wide

Lot size

3.02 acres

Price per sq ft

$425

Year built

2007

Annual property taxes

$2,864.26

HOA

No

Price History

09/19/2024
StellarMLS

StellarMLS #P4931768

Listed
$879,000
+615.22%
01/31/2019
StellarMLS

StellarMLS #P4903901

Sold
$122,900

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

$705,165
Asking price
$879,000
Closing costs (~8% of asking)
-$70,320
Est. remaining loan balance
-$103,515
Cash to seller
$705,165

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

Seller’s Loan History

Lender

Market Street Mortgage Corp

Loan start date

September 2005

Original loan amount

$165,343

Est. remaining balance

$103,515

Interest rate

5.77%

Loan type

Not Provided, 32 year

Seller

Juan A Arroyo and Victoria Lynn Hunt

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: 09/20/2024 at 9:10 PM

Listing updated: 09/20/2024 at 8:29 PM

Listed by: Stephen Morgan, LA ROSA REALTY PRESTIGE Phone #: (863) 940-4850

MLS: StellarMLS #P4931768

StellarMLS logo

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