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$5,998,000

Beds
4
Baths
5.5
sq ft
5,745

535 Lake Rd, Ponte Vedra Beach, FL 32082

535 Lake Rd

Ponte Vedra Beach, FL 32082

  • 2 days on market
Who wants a little slice of heaven on a Peninsula in Old Ponte Vedra Beach located within a short stroll to the famed Ponte Vedra beaches? Affectionately called ''Island Road'' by the locals, this home & location cannot be beaten! Once you cross over the bridge to Lake Road onto a peaceful, cul-de-sac street w/ no through traffic, you will immediately notice this magnificent estate to the East with sweeping lagoon views & easterly breezes! This classic & elegant beauty is unrivaled & offers so much customization that you just must see it in person! This home has been completely remodeled in 2017 with the finest materials; Chef's kitchen featuring Wolf double ovens, Sub-Zero Refrigerator, Thermador gas cooktop, custom drop zone w/ built-ins, custom walnut flooring, Basalt & limestone cut custom for this home, custom railings, two laundry rooms, three fireplaces (Office, Formal Living Room, Informal Living Room), elevator & much more! This home boasts 5,745 square feet of impressive finishes & offers 4 bedrooms, 5.5 baths (all ensuite bedrooms/bathrooms), office & solarium w/ vaulted ceilings, 3-car garage featuring electric car charger, e-poxy floors & custom built-ins, large dining room with custom Kudo scones, new custom lighting throughout the home & more! The primary bathroom was renovated in 2023 with spa-like finishes & opens up to 2 large walk-in closets as well as the balcony that expands the entire East side of the home to enjoy the lagoon views & ocean breeze! Some of the newer updates are; 22kw generator 2019 that operates 80% of the home, Ipe dock 2022, AC for mudroom & Wine Storage in 2023 (the other two are 4-5 years old), fencing 2017, 3 newer Rinnai tankless water heaters, exterior home painted in 2020, Bermuda grass in the front & back are just to name a few.

Details

Property type

Single Family Residence

Est. home value

$4,530,707

Property condition

Updated/Remodeled

Lot size

0.44 acres

Price per sq ft

$1,045

Year built

2006

Annual property taxes

$47,723.12

Price History

01/20/2025
RealMLS

RealMLS #2065798

Listed
$5,998,000
+21.17%
10/02/2023
RealMLS

RealMLS #1244373

Sold
$4,950,000
+115.22%
12/15/2014
RealMLS

RealMLS #749193

Sold
$2,300,000
+262.2%

Schools & Community

Elementary school: 

Ponte Vedra Rawlings

Middle school: 

Alice B. Landrum

High school: 

Ponte Vedra

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

$4,073,474
Asking price
$5,998,000
Closing costs (~8% of asking)
-$479,840
Est. remaining loan balance
-$1,444,686
Cash to seller
$4,073,474

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

December 2014

Original loan amount

$1,840,000

Est. remaining balance

$1,444,686

Interest rate

3.98%

Loan type

New Conventional, 30 year

Seller

Edward L Baker Ii and Lauren Giacco Baker

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: 01/22/2025 at 10:55 AM

Listing updated: 01/20/2025 at 4:11 PM

Listed by: JENNIFER WHITE, RE/MAX SPECIALISTS PV Phone #: (904) 270-0747

MLS: RealMLS #2065798

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