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$4,495,000

Beds
5
Baths
5.5
sq ft
5,802

5000 Down Point Ln, Windermere, FL 34786

5000 Down Point Ln

WINDERMERE, FL 34786

  • 173 days on market
    • Price drop $205,000↓
Welcome to 5000 Down Point Lane in Windermere, a luxurious retreat situated on 2 acres of pristine lakefront property. This entirely renovated home offers breathtaking sunsets over Sunset Bay, providing a picturesque backdrop for daily living. The master suite, office, entertainment room and an additional suite are conveniently located on the main floor, while three more bedrooms and bonus room are upstairs. Cozy up by the fireplace in the spacious living area, or enjoy the elegance of Italian porcelain flooring throughout the home. Outdoor living is elevated with a large pool patio and entertainment area, complete with a summer kitchen. The expansive grassy yard leads up to your private beach and dock, perfect for enjoying the best of lakefront living. At just under 6,000 square feet, this home offers ample space for comfort and luxury. Don't miss the opportunity to own this spectacular property in Windermere.

Details

Property type

Single Family Residence

Est. home value

$3,060,621

Lot size

1.99 acres

Price per sq ft

$775

Year built

2002

Annual property taxes

$40,517.38

Monthly HOA fee

$150

Price History

08/26/2024
StellarMLS

StellarMLS #O6220332

Price change
$4,495,000
-4.36%
07/12/2024
StellarMLS

StellarMLS #O6220332

Listed
$4,700,000
07/09/2024
StellarMLS

StellarMLS #O6220332

Pending
$4,700,000

Schools & Community

Elementary school: 

Windermere Elem

Middle school: 

Chain of Lakes Middle

High school: 

Olympia 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

$2,917,539
Asking price
$4,495,000
Closing costs (~8% of asking)
-$359,600
Est. remaining loan balance
-$1,217,861
Cash to seller
$2,917,539

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

May 2021

Original loan amount

$1,570,000

Est. remaining balance

$1,217,861

Interest rate

2.45%

Loan type

New Conventional, 14 year

Seller

Stephen H Braun and The Stephen H Braun Living Trust

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: Active

Tomo last checked: 12/23/2024 at 6:45 AM

Listing updated: 10/12/2024 at 7:09 PM

Listed by: Dianna Desboyaux, SOUTHERN REALTY GROUP LLC Phone #: (407) 217-6480

MLS: StellarMLS #O6220332

StellarMLS logo

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