NOT LISTED FOR SALE

1324 Lake Olivia Ln Windermere, FL 34786

Estimated Value: $2,464,000 - $2,960,000

5 Beds
5.5 Baths
5,222 Sq Ft
$516/Sq Ft Est. Value

Last Sold March 21, 2022

Last sale price $2,350,000 $450 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $18,660/month

9 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Heated In Ground Pool
  • Gated Community
  • Thornebrooke Elementary School Rated A
  • Custom Home
  • Lake View

About This Home

As of March 2022

Welcome to stunning lakefront living within the gated community of Lake Oliva Reserve. This custom home by premium builders, Generation Builders, was constructed in 2020 with attention to every detail and implementation of the finest finishes. This 5200+ SF estate has so many unique features such as 2 Master Suites, 1 up and 1 down, 2 oversized 2 car garages each with a separate Mud Room containing built-in storage for shoes, coats and extra storage, 2 laundry rooms, 1 up and 1 down, cameras and a Ring style Doorbell and more. This home is situated on over an acre and overlooks the glistening waters of Lake Olivia. Nothing beats boating on the lake and watching the spectacular sunsets over the water. Enjoy 5 BR’s with one Master Suite and second BR downstairs along with 3 additional BR’s upstairs, including a second Master Suite, all en-suites. While up on the second level you can also enjoy the second family room with balcony overlooking the pool and lake. Downstairs you will love the warm tone of the wood floors in the dining room, family room with stunning feature wall and fireplace, phenomenal gourmet kitchen with huge island, top of the line appliances and wine refrigerator and huge game room with wet bar. This home offers a beautiful connection of indoor and outdoor living with nano doors, huge covered lanai with remote shade screens, summer kitchen with grill, direct access to a pool bath. The sparkling waters of the pool will make you want to dive right in. This home has everything including a large fenced backyard for families, friends or pets to enjoy! You will never want to leave home, and won’t need to! So many trails for riding bikes to restaurants all around Windermere and Gotha! Lake Olivia Reserve truly embraces the open concept without sacrificing privacy and will be a home you will love living in. Only 10 minutes from downtown Windermere, 15 minutes from downtown Orlando and Winter Garden, and only 30 minutes from the Orlando Airport and Disney attractions.

Last Agent to Sell the Property

Albin Hubscher

CENTRAL FLORIDA PRIME REAL ESTATE LLC License #3107441 Listed on: 01/19/2022

Last Buyer's Agent

Sunny Gandhi

KELLER WILLIAMS REALTY AT THE PARKS License #3302939

KELLER WILLIAMS REALTY AT THE PARKS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,300

Year Built

  • Built in 2020

Lot Details

  • 1.19 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Street terminates at a dead end
  • Northeast Facing Home
  • Fenced
  • Metered Sprinkler System
  • Property is zoned R-CE-C

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Custom Home
  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,222 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Shades
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Formal Dining Room
  • Den
  • Loft
  • Bonus Room
  • Lake Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Access To Lake
  • Water Skiing Allowed
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen

Location

  • Property is near a golf course
  • City Lot

Schools

  • Thornebrooke Elementary School
  • Gotha Middle School
  • Olympia High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include ground maintenance, private road
  • Lake Olivia Reserve Homeowners Association
  • Built by Generation Builder
  • Lake Olivia Reserve Rep Subdivision, Custom Home Floorplan
  • Rental Restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,300

Year Built

Built in 2020

Lot Details

0

HOA Fees

$390 per month

Parking

4

Listing Details

  • HOA Fee Includes: Maintenance Grounds, Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Custom
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 5222
  • Lot Size Acres: 1.19
  • New Construction: No
  • Year Built: 2020
  • Building Area Total: 7796
  • Lot Size Sq Ft: 51897
  • Directions to Property: From 408 West, exit on Good Homes Road, turn left, turn right on Old Winter Garden Road, turn left on Hempel Avenue, turn left on Gotha Road, entrance in on the right before you cross the bridge.*****DO NOT TAKE TURNPIKE TO HOME, GPS MAY TRY TO ROUTE YOU THAT WAY BUT THERE IS NOT AN EXIT OFF OF THE TURNPIKE TO THE PROPERTY*****
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5997569?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5997569?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 3
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Call Center Phone Number: 407-404-4041
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.94188
  • Price per Sq Ft: 450.02
  • Close to Original List Price Ratio: 0.94188
  • Ratio: Current Price\Building Area Total: 301.44
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace Features: Family Room, Gas
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Engineered Hardwood
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Yn: No
  • Stories: 2
  • Window Features: Blinds, Shades
  • Street Number Modifier: 1324
  • Room Count: 10
  • Additional Rooms: Bonus Room, Den/Library/Office, Family Room, Formal Dining Room Separate, Loft

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Heated, In Ground, Salt Water
  • Exterior Features: Balcony, Fenced, Irrigation System, Outdoor Kitchen, Sliding Doors, Sprinkler Metered
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Water
  • Water Body Name: Lake Olivia
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Rear Porch
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12095C0220F
  • Waterfront Frontage: 100
  • Water Frontage Feet Lake: 100
  • Additional Water Information: Skiable Water- Ski Course on the lake
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Oversized
  • Covered Parking Spaces: 4
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sprinkler Meter, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Waterfront
  • Association Amenities: Gated
  • Association Fee: 390
  • Association Fee Frequency: Monthly
  • Association Name: Lake Olivia Reserve Homeowners
  • Association: Yes
  • Security: Gated Community, Security System
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 4680
  • Monthly HOA Fee: 390
  • Total Monthly Fees: 390

Schools

  • Elementary School: Thornebrooke Elem
  • High School: Olympia High
  • Middle Or Junior School: Gotha Middle

Lot Info

  • Zoning: R-CE-C
  • Parcel Number: 28-22-33-4668-00-040
  • Additional Parcels: No
  • Fencing: Other
  • Lot Features: City Lot, Near Golf Course, Sidewalk
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2009-09-25

Building Info

  • Builder Name: Generation Builder

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 999
  • Minimum Lease: 7 Months
  • Approval Process: CHECK WITH CITY ORDINANCE AND OR HOA
  • Num Timesper Year: 1
  • Pet Restrictions: CHECK WITH HOA AND CITY ORDINANCE
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: CHECK WITH CITY ORDINANCE AND OR HOA

Tax Info

  • Tax Annual Amount: 22300
  • Tax Block: 4
  • Tax Book Number: 91/32
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Mar 21, 2022
Sold by
Hutchins and Jennifer
Bought by
Patel Virat Chandrakantb and Patel Jinal Virat
Seller's Agent
Albin Hubscher
CENTRAL FLORIDA PRIME REAL ESTATE LLC
Buyer's Agent
Sunny Gandhi
KELLER WILLIAMS REALTY AT THE PARKS
List Price
$2,495,000
Sold Price
$2,350,000
Premium/Discount to List
-$145,000
-5.81%
Current Estimated Value
$2,800,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,416
Avg. Annual Appreciation
4.17%
Original Mortgage
$1,540,000
Outstanding Balance
$1,283,910
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$1,417,450

Purchase Details

Listed on
Mar 4, 2020
Closed on
May 5, 2021
Sold by
Olivia Dev Llc
Bought by
Hutchins Blayne and Hutchins Jennifer
Seller's Agent
Tiffany Pantozzi
ALIGN REAL ESTATE LLC
Buyer's Agent
Bill Bliss
EXP REALTY LLC
List Price
$1,775,000
Sold Price
$1,700,000
Premium/Discount to List
-$75,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.48%

Purchase Details

Closed on
Aug 31, 2018
Sold by
Lake Olivia Estates Llc
Bought by
Olivia Dev Llc
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patel Virat Chandrakantb $2,350,000 First American Title
Hutchins Blayne $1,700,000 Attorney
Olivia Dev Llc $350,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Virat Chandrakantb $1,540,000
Previous Owner Generation Builder Llc $1,133,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2022 03/21/22 Sold $2,350,000 -5.8% $450 / Sq Ft
01/28/2022 01/28/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $2,495,000 +46.8% $478 / Sq Ft
05/05/2021 05/05/21 Sold $1,700,000 -4.2% $323 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/09/2021 03/09/21 Price Changed $1,775,000 0.0% $337 / Sq Ft
03/09/2021 03/09/21 For Sale $1,775,000 -0.8% $337 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $1,790,000 0.0% $340 / Sq Ft
12/31/2020 12/31/20 Pending -- -- --
10/23/2020 10/23/20 Price Changed $1,790,000 -0.5% $340 / Sq Ft
05/07/2020 05/07/20 Price Changed $1,799,000 +5.9% $342 / Sq Ft
03/04/2020 03/04/20 For Sale $1,699,000 -- $323 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $36,130 $2,367,830 $600,000 $1,767,830
2024 $30,861 $2,285,400 $600,000 $1,685,400
2023 $30,861 $1,966,379 $405,000 $1,561,379
2022 $26,387 $1,672,474 $355,000 $1,317,474
2021 $22,300 $1,394,402 $330,000 $1,064,402
2020 $4,592 $300,000 $300,000 $0
2019 $4,862 $300,000 $300,000 $0
2018 $4,103 $250,000 $250,000 $0
2017 $3,735 $225,000 $225,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Albin Hubscher

    Seller's Agent in 2022

    Albin Hubscher

    CENTRAL FLORIDA PRIME REAL ESTATE LLC

    (407) 404-4041

    1 in this area

    187 Total Sales

    Section Image
  • Sunny Gandhi

    Buyer's Agent in 2022

    Sunny Gandhi

    KELLER WILLIAMS REALTY AT THE PARKS

    (321) 945-4477

    1 in this area

    26 Total Sales

    Section Image
  • Tiffany Pantozzi

    Seller's Agent in 2021

    Tiffany Pantozzi

    ALIGN REAL ESTATE LLC

    (407) 866-8555

    10 in this area

    132 Total Sales

    Section Image
  • Bill Bliss

    Buyer's Agent in 2021

    Bill Bliss

    EXP REALTY LLC

    (407) 417-4808

    1 in this area

    70 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: O5997569

Stellar MLS

APN: 33-2228-4668-00-040

Florida Orange County Windermere 34786

1324 Lake Olivia Ln, Windermere, FL

This home is located at 1324 Lake Olivia Ln, Windermere, FL 34786 since 19 January 2022 and is currently estimated at $2,694,037, approximately $515 per square foot. This property was built in 2020. 1324 Lake Olivia Ln is a home located in Orange County with nearby schools including Thornebrooke Elementary School, Gotha Middle School, and Olympia High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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