Foreclosure Fridays Bank Owned Home 259 Lakay Place Longwood FL
259 Lakay Place Longwood FL
This weeks Foreclosure Fridays takes us to Terra Oaks in lovely Longwood FL to an absolutely beautiful two story lake front home.
Terra Oaks is located off Sand Lake Road in Longwood (just off Hwy 434.) This intimate neighborhood contains only 44 home sites with custom homes ranging in price from $550,000 to $1,200,000. These homes were built between 2000 and 2005.
This home was first marketed as a short sale for the bargain price of $998,000. When the bank took it over about six months ago they listed it for $750,000. Now the price has dropped all the way down to $528,000.
That’s right, the price has dropped by $221,000 since the bank started marketing this home 6 months ago. With a price like this I am sure this deal isn’t going to last long.
Terra Oaks is a gated 44 lot subdivision with custom built homes ranging from $575,000 to $1,200,000. Terra Oaks is convenient to Maitland Center, Altamonte Springs, Lake Mary and Orlando. It is within minutes of great shopping and dining at Colonial Town Park, the Seminole Towne Center Mall and Lake Mary.
Unlike most of Central Florida which is very flat this neighborhood has some nice changes in elevation which also makes it unique. At it’s center is a small lake with a fountain which gives this community an intimate inviting setting.
In addition to it’s superb location, Terra Oaks is zoned for some of the best schools in Seminole County; Forest City Elementary, Teague Middle School, Lake Brantley High School
Today we are at 259 Lakay Place Longwood FL which is in the upscale gated Terra Oaks Subdivision.
This home has 6 bedrooms, 7 1/2 bathrooms and almost 6000 air conditioned square feet of living area.
Perfect for a large family or those who want a lot of space.
The foyer features many stone columns, large arches and 24 ft ceiling. Wonderful kitchen with granite, stainless steel appliances, center cooking island, counter seating & big eat in area with large window overlooking the pool and pond.
Family room has nice built in shelving and a gas fireplace.
There is a separate outside entrance to the second floor.
All 6 bedrooms have their own private bath and large closets with California Closet built-ins. Don’t miss the large 2nd story Bonus Room, it is big enough for a pool table or Theater Room.
Outdoor multi-level tiled patio features summer kitchen, private pool bath, heated pool & spa and great views of the community pond.
There are many upgrades including crown molding, tray ceilings, central vacuum, many French Doors, security system, surround sound wiring, 3 car garage and a tile roof.
Overall, this home is nicely priced with quite a bit of space, nearly 6,000 sq. ft. Needs very little and is a great deal for anyone looking for newer construction lakefront home in an attractive upscale community.
We are experts at price negotiation:
MAKE AN OFFER and we’ll help you save thousands
I work hard to quickly narrow the thousands of properties down to just a select few that meet your family’s needs. My services are paid for by the seller. I represent your best interests on every transaction to make sure home is safe, more financially sound and in the right neighborhood for your lifestyle. Contact me to learn how I can work for you. Call me, Tom Mack direct (407) 359-2220.
Below is the complete property listing from the MLS.
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Here are some other homes you might be interested in, click on a link below to see all of the bank owned homes currently available in these Central Florida communities:
Bank Owned Homes in Seminole County FL
Bank Owned Homes in Altamonte Springs
Bank Owned Homes in Casselberry
Bank Owned Homes in Longwood < < < Longwood
Bank Owned Homes in Winter Springs
Bank Owned Homes in Orange County FL
Bank Owned Homes in Orlando < < < ORLANDO
Bank Owned Homes in Windermere
Bank Owned Homes in Winter Garden
Currently there are 15 bank owned homes in Longwood. These Longwood foreclosures tend to sell fast as Longwood is a very desirable community in Seminole County. The number of foreclosure homes has been declining over the past twelve months with new foreclosure homes being listed as others sell.
Longwood also has quite a few short sale homes available for sale. There are currently 94 Longwood short sales. Yes 94 short sales in Longwood, you can see them all here Longwood Short Sale Homes For Sale.
Thank you for visiting Foreclosure Fridays.
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