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$4,312,454Estimated home value

Beds
6
Baths
6.5
sq ft
6,478

4233 Down Point Ln, Windermere, FL 34786

4233 Down Point Ln

WINDERMERE, FL 34786

  • Sold On 9/30/2024
    • Price drop $325,000↓
MAJOR PRICE REDUCTION! Incredible value!! Stunning LAKEFRONT estate on LAKE DOWN connected to the BUTLER CHAIN OF LAKES! Welcome to the cozy, quaint subdivision of Sunset Bay, all unique custom-built homes, located directly across the street from Isleworth Golf & Country Club affording you the conveniences of private golf membership opportunities nearby while residing in a community with NO HOA. This nearly 6,500 SF, 6 BR, 6.5 Bath, 3-Car Garage, private pool & spa, 2-story home, private ELEVATOR, separate GUEST APARTMENT, built in 1999, is situated at the end of a cul-de-sac on .60 acres. Appreciate the curb appeal as you drive up to see not only lush, beautiful landscaping but also a private gate to your expansive driveway. Prepare to be wowed as you walk inside the front door, experiencing panoramic, gorgeous water views of Lake Down amidst your own private dock with a boat lift, jet ski lift, covered and uncovered seating areas for fun and entertaining. The first level of this estate home was completely renovated in 2021 and includes an incredible gourmet kitchen with double islands with seating, soft close doors & drawers, thickened edge quartz counters, Jenn Air appliances including a Natural Gas Range, Double Refrigerator,, Separate Freezer, Bosch Dishwasher, U-Line ice maker, hidden appliance cabinets for dry bar and coffee bar and so much more….all overlooking both the family room and stunning water views of the pool & lake. Nearly every room in the home enjoys incredible views. The first level also includes the formal living & dining rooms, inside utility room, hidden office area, dedicated office connecting to the oversized Master Suite, with his & her walk-in closets and Master Bath with jetted garden tub, dual sinks and walk-in shower. With it’s separate entrance on the first level, the GUEST SUITE has a living room, full kitchen, full bath with walk-in shower and enjoys lake views and private access to the pool/lanai area which also has a mosquito misting system. To go to the second level, take the elevator or take the modern, steel & wood staircase which is an incredible architectural feature of this home. Upstairs you have 4 Bedrooms, one being a second Master, all en-suites with two sharing a balcony overlooking the lake and the other two enjoying lake views from the front beyond the homes across the street. Also, you will enjoy an enormous game room with theater seating, pool table area and wet bar with sink and refrigerator. With 191 feet of water frontage, a fenced backyard and concrete seawall, there is no shortage of water activities for your family and friends to enjoy. Come see this incredible, lakefront estate that is premierly located in the heart of Windermere, near Dr. Phillip’s Restaurant Row, close to the Millenia Mall and within 15 minutes of Disney, Universal and all of the local theme parks. Don’t miss out on this opportunity!

Details

Property type

Single Family Residence

Est. home value

$4,312,454

Lot size

0.61 acres

Price per sq ft

$645

Year built

1999

Annual property taxes

$49,079

HOA

No

Price History

09/30/2024
StellarMLS

StellarMLS #O6188162

Sold
$3,700,000
-11.38%
08/24/2024
StellarMLS

StellarMLS #O6188162

Pending
$4,175,000
08/10/2024
StellarMLS

StellarMLS #O6188162

Price change
$4,175,000
-7.22%

Schools & Community

Elementary school: 

Windermere Elem

Middle school: 

Chain of Lakes Middle

High school: 

Olympia High

Community features: 

Sidewalks

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

$2,217,859
Asking price
$4,175,000
Closing costs (~8% of asking)
-$334,000
Est. remaining loan balance
-$1,623,141
Cash to seller
$2,217,859

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

Seller’s Loan History

Lender

Seacoast National Bank

Loan start date

November 2019

Original loan amount

$1,800,000

Est. remaining balance

$1,623,141

Interest rate

3.57%

Loan type

New Conventional, 30 year

Seller

Ted A Martin and Ruthanne Martin

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: Off Market

Tomo last checked: 10/05/2024 at 8:40 PM

Listing updated: 09/30/2024 at 9:43 PM

Listed by: Deanna Armel, ARMEL REAL ESTATE INC Phone #: (407) 509-3812

MLS: StellarMLS #O6188162

StellarMLS logo

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