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$1,550,000

Beds
3
Baths
3.5
sq ft
3,461

8503 Sand Lake Shores Dr, Orlando, FL 32836

8503 Sand Lake Shores Dr

ORLANDO, FL 32836

  • 27 days on market
Extraordinary lakefront estate on Big Sand Lake in the heart of Dr. Phillips. This stunning home boasts 3 bedrooms, 3.5 bathrooms, and an additional office space that could be used as a 4th bedroom designed to blend luxury and comfort seamlessly. The gourmet kitchen, updated with high-end stainless-steel appliances and granite countertops, opens to the breakfast nook and family room, all offering breathtaking lake views. The expansive living room features French doors that lead to the outdoor oasis, creating a seamless indoor-outdoor entertainment space. The primary suite is a private retreat, complete with direct access to the pool, an oversized bathroom, and a walk-in closet. Outdoors, enjoy the oversized in-ground pool, a covered lanai and over 110 feet of lake frontage. The property includes a dock with a boat slip, providing easy access to the Sand Lake Chain of Lakes. Additional features include a 900-square-foot air-conditioned workshop garage, perfect for conversion or storage, and deeded lake access and a brand-new roof! The community offers a private boat ramp, tennis and basketball courts, and a vibrant neighborhood atmosphere. Located just minutes from Orlando's world-class attractions, Restaurant Row, top-rated schools, and premier shopping, this home combines the tranquility of lakefront living with the convenience of city life. Whether it’s taking in the nightly Disney fireworks, boating on the 1,020-acre lake, or enjoying the vibrant Dr. Phillips community, this home is a rare gem. Don’t miss your chance to make this dream lakefront property your own!

Details

Property type

Single Family Residence

Est. home value

$1,430,778

Lot size

2.28 acres

Price per sq ft

$448

Year built

1995

Annual property taxes

$19,882.83

Monthly HOA fee

$33.33

Price History

11/26/2024
StellarMLS

StellarMLS #O6260611

Listed
$1,550,000
+22.05%
05/16/2022
StellarMLS

StellarMLS #GC501938

Sold
$1,270,000
+25.74%
02/05/2021
StellarMLS

StellarMLS #O5892281

Sold
$1,010,000

Schools & Community

Elementary school: 

Bay Meadows Elem

Middle school: 

Southwest Middle

High school: 

Lake Buena Vista High School

Community features: 

Sidewalks, Tennis Court(s)

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

$931,921
Asking price
$1,550,000
Closing costs (~8% of asking)
-$124,000
Est. remaining loan balance
-$494,079
Cash to seller
$931,921

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

Seller’s Loan History

Lender

Equity Prime Mortgage Llc

Loan start date

March 2021

Original loan amount

$540,000

Est. remaining balance

$494,079

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Yifan Wang

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 6:55 AM

Listing updated: 12/07/2024 at 3:10 PM

Listed by: Bobby Baldor, PA, EXP REALTY LLC Phone #: (888) 883-8509

MLS: StellarMLS #O6260611

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