tomo logo

$1,650,000

Beds
5
Baths
6.0
sq ft
4,786

8711 E Cresco Ln, Inverness, FL 34450

8711 E Cresco Ln

INVERNESS, FL 34450

  • 10 days on market
Welcome to your dream oasis at 8711 East Cresco Lane, a non-flood zone brick construction masterpiece of elegance and wit nestled on a sprawling 1.23-acre waterfront estate mere steps away from the Inverness Golf and Country Club. The property is secured by a privacy hedge and luxurious custom Viking wrought iron motorized gates that open to your circular driveway. As you walk through the custom mahogany front doors in to the 4,786 square foot single-story that boasts 4 bedrooms and 5 bathrooms, offering a refined space with a true east and west wing for the buyer of the highest caliber. The property doesn’t just stop at the main house. The charming additional 1,388 square foot boat house also offers a waterfront retreat for your guests and water toys! Step inside to discover a world where sophistication meets comfort. The open floor plan seamlessly connects the living areas, creating an inviting atmosphere perfect for hosting soirées or enjoying quiet evenings with loved ones. The gourmet kitchen, a chef's delight, features a top-of-the-line Z Line 6 burner gas range, 2 electric ovens, Bosch dishwasher and refrigerator, leathered granite countertops with a seamless backsplash, a custom mahogany hood, custom mahogany waterfall countertops, and refined two tone soft close shaker cabinetry with below cabinet and in cabinet lighting. If that wasn’t enough, the adjacent bar comes complete with 2 SubZero refrigerator drawers, a copper sink, U-Line ice maker, custom mahogany bar cabinetry, and the walls are custom Venetian plaster throughout. The luxury is truly unparalleled in this home with herringbone bamboo flooring, 9 inch baseboards, custom crown moldings, coffered ceilings in the media room, vaulted ceilings in the living room, an octagonal tray ceiling in the dining room, Pella impact rated windows and sliders, recessed LED lighting, brass art work sconces, double cedar lined closets, and so much more. The updates are truly endless! Imagine mornings spent sipping coffee walking the estate, with the gentle breeze from the water. Outside, the expansive waterfront lot offers endless possibilities for outdoor enjoyment. Whether you're lounging by the water, practicing your swing, or simply soaking in the quintessential Florida lifestyle, this estate is your personal paradise. Embrace the elegance, relish the wit, and make this extraordinary home yours today.

Details

Property type

Single Family Residence

Est. home value

$620,558

Lot size

1.23 acres

Price per sq ft

$345

Year built

1968

Annual property taxes

$4,877.62

HOA

No

Price History

11/13/2024
StellarMLS

StellarMLS #TB8319110

Listed
$1,650,000
+371.43%
11/01/2019
CitrusCounty

CitrusCounty #782501

Sold
$350,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bethpage Fcu

Loan start date

January 2024

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

7.22%

Loan type

Credit Line (Revolving), 30 year

Seller

Catherine Deleo

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: 11/22/2024 at 10:15 PM

Listing updated: 11/19/2024 at 11:15 AM

Listed by: Zach Steinberger, COMPASS FLORIDA LLC Phone #: (727) 339-7902

MLS: StellarMLS #TB8319110

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