tomo logo

$1,950,000

Beds
4
Baths
2.5
sq ft
3,494

83505 S Cove Way, Florence, OR 97439

83505 S Cove Way

Florence, OR 97439

  • 93 days on market
Stunning home in upscale gated community overlooking Woahink Lake. Discover the epitome of luxury living in this exceptional home located in the prestigious gated community of South Shore. Breathtaking 180+ degree views of Woahink lake, this property offers unmatched elegance and comfort. Soaring Cathedral ceilings and a wall of windows flood the main living area with natural light and frame the stunning lake views. Luxury vinyl plank flooring flows throughout, adding sophistication and durability. The gourmet kitchen is perfect for the home chef, featuring quartz countertops, Kitchen Aide stainless steel appliances, a 36" Bosch induction cook top, walk-in pantry, a large island and peninsula bar. Breakfast room with door leading to lakefront deck for outside entertaining. Retreat to the serene primary bedroom with cathedral ceiling, spa-like en-suite bathroom, with jetted tub, custom shower, and private water closet. The upper level offers three guest bedrooms and a full bathroom, den, providing ample space for family and visitors. Outdoor oasis. Step outside to your private dock with boat cover and boat lift, perfect for water enthusiasts. The South facing deer-fenced orchard and garden area boasts a variety of fruit trees, flowers, greenhouse, garden shed and charming pergola with a deck to enjoy sunny afternoons. The finished 32x16 RV garage/shop with 3 skylights & upper windows is equipped with 30 amp, 220 volt, 12' door plus oversized finished & insulated double garage with door leading into the kitchen. Dog run with dog doors into garage & laundry room. This home combines luxurious amenities with unparalleled lakefront living. Amenities list attached for further details. Schedule your private tour today and experience the lifestyle you deserve.

Details

Property type

Single Family Residence

Est. home value

$1,297,244

Lot size

1.17 acres

Price per sq ft

$559

Year built

1999

Annual property taxes

$10,350.07

Monthly HOA fee

$37.5

Price History

11/21/2024
PortlandOR

PortlandOR #24485095

Listed
$1,950,000
+120.34%
12/30/2019
PortlandOR

PortlandOR #19431821

Sold
$885,000

Schools & Community

Elementary school: 

Siuslaw

Middle school: 

Siuslaw

High school: 

Siuslaw

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

$1,387,835
Asking price
$1,950,000
Closing costs (~8% of asking)
-$156,000
Est. remaining loan balance
-$406,165
Cash to seller
$1,387,835

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

Seller’s Loan History

Lender

Gateway First Bank

Loan start date

September 2020

Original loan amount

$450,000

Est. remaining balance

$406,165

Interest rate

2.98%

Loan type

VA, 30 year

Seller

James R Luntzel Iii and Colleen R Luntzel

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?

Similar Homes Nearby

PortlandOR
$1,999,000
3 bd
|
2.5 ba
|
3,536 sq ft
|
House

83837 Highway 101, Florence, OR 97439

Status: Active

Tomo last checked: 02/22/2025 at 8:50 AM

Listing updated: 12/19/2024 at 9:12 PM

Listed by: Christina Voogd, Berkshire Hathaway HomeServices NW Real Estate Phone #: (541) 997-6000

MLS: PortlandOR #24485095

PortlandOR logo

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