$2,600,000
SOLD JUL 31, 2025

17045 Five Waters Ave Boca Raton, FL 33496

Lotus Neighborhood
5 Beds
8 Baths
5,393 Sq Ft
8,276 Sq Ft

Recently Sold

$482 Per Sq Ft

13% Below List Price

53 Days on Market

Highlights

  • Fitness Center
  • Heated Spa
  • Lake View
  • Eagles Landing Middle School Rated A-
  • Gated Community
  • Waterfront

About This Home

As of July 2025

You are going to fall in love with this stunning lakefront 6 bedroom, 8 bathroom, 4 car garage estate in the highly sought after community of Lotus. This Maldives model with premium elevation is nestled on a fantastic lot with a long sparkling lake views. The owners spared no expense when designing this home with over $900,000 in upgrades. The exterior was just professionally landscaped with elegant trees and plantings accompanied by designer outdoor lighting. The exterior is set up for the true Florida lifestyle as it offers a beautiful saltwater pool with 10' feature wall with shear descent, a infinity edge spa with a natural gas heater. Please click the supplement link for a full description... The estate also offers outdoor speakers, an 8"x16"open veranda and balcony, with the balcony offering a glass railing and both have electric motorized screens, a summer kitchen, and a whole house natural gas generator! This home provides the ultimate outdoor setting. As you walk through the modern front doors you will be in awe of the updated floor plan. You have a beautiful open foyer with soaring ceilings and a designer chandelier. As you continue past the foyer you have a modern see-through wine room that holds 40 bottles, has custom LED lighting, and a floating cabinet with a light up quartz countertop. Adjacent to the wine room is an impressive spacious formal dining room overlooking the atrium with is a green wall by Vistafolia. Next you enter the huge family room with a custom wall feature including a see through steam fireplace. On the other side of the fireplace is a club room / game room with reflective vellum ceilings. Off the club room the owners added a luxurious cabana bath. Overlooking the family room and breakfast room is the chef's kitchen. The kitchen offers 3" waterfall quartz countertops with a full backsplash. two toned designer "fly-over" lift-up cabinets, a 48" Subzero refrigerator, and a Bosch dishwasher. The rest of the appliances are Wolf which include a 36" gas cooktop, wall oven / microwave, single oven, and hood. The kitchen is truly spectacular. The downstairs also features a guest bedroom and en-suite bathroom, and a separate powder room off the foyer for convenience. The custom flooring downstairs is incredible as it is 30"x60" imported tile. To complement the impressive downstairs you have two separate, two car garages, each with custom cabinetry, epoxy floors, a refrigerator, added storage access space under stairs w/ modern barn door, two Tesla Level 2 charging stations (1 in each garage, independently wired), and Garage doors each w/keypad entry panel and MyQ Smart Garage Door system. As you walk up the glass staircase, you will be presented with a massive upstairs living area with it's own balcony and wood paneled wall overlooking the lake and backyard. The entire upstairs has engineered wide plank French oak wood floors. Upstairs you have 4 more generously sized bedrooms, all with en-suite bathrooms, with one being a custom built office. You also have a media room (which can be converted to the 6th bedroom). The media room is complete with theater style seating on a raised platform, sound dampening carpet and added sound insulation, 86" LG TV, custom built cabinetry with refrigerator and microwave, 7 speakers and 2 subwoofers, and two motorized shades on the window, 1 is for blackout and one is for daylight. The upstairs primary is chic, elegant and overlooks the lake and pool. Off the master you have two large custom fit walk in closets. The primary bathroom is amazing and offers a free standing tub, imported cabinetry with large drawers, a stacked built-in linen cabinet, titanium fixtures, and a huge shower with a rain fixture, and 4 body jets. The upstairs living area is complimented with a nicely equipped laundry room next to the bedrooms. As previously mentioned, the owners spared no expense in upgrading this estate. Some of the upgrades not previously mentioned include: modern garage doors with impact glass windows, impact glass throughout, all exterior hurricane rated doors, motorized shades in every room, upgraded rolled insulation, energy efficient 75 gallon natural gas hot water heater, six Wi-FI access points, technology closet for internet, speaker access, and network wiring to every room, speakers in the common living areas upstairs and downstairs, 3" quartz countertops, upgraded fixtures and toilets in all bathrooms, upgraded Carrier Infinity air conditioning units with variable speed, solid core doors throughout, 6 security cameras and 3 House Alarm panels QOLSYS IQ2.
It doesn't get more turn key than this. Move right into pure luxury! This may be the nicest home in Lotus. Don't miss out on this opportunity. The guard gated community of Lotus has it all. The Club at Lotus offers a full service restaurant and bar, has indoor and outdoor dining, multiple resort like pools, fitness center, clubhouse, arcade, kids playground, indoor and outdoor basketball courts, tennis and pickleball. Living in Lotus is like living on a resort. You are also close to Boca and Delray's dining and entertainment! If you are looking for good schools, you will be delighted with the 3 A rated schools the property is zoned for.

Last Agent to Sell the Property

Paul Dono

Compass Florida LLC License #3263148 Listed on: 05/19/2025

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,763

Year Built

  • Built in 2021

Lot Details

  • 8,137 Sq Ft Lot
  • Waterfront
  • East Facing Home
  • Sprinkler System

Parking

  • 4 Car Attached Garage
  • Driveway

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 5,393 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Formal Dining Room
  • Screened Porch
  • Wood Flooring
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Pool Equipment or Cover

Outdoor Features

  • Balcony
  • Open Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00424632070004450

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common areas, ground maintenance, recreation facilities, security
  • Built by GL Homes
  • Lotus Subdivision, Maldives Floorplan

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,763

Year Built

Built in 2021

Lot Details

8,137 Sq Ft Lot

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Atlantic Ave West to Lyons Road. Go North on Lyons to Lotus
  • Year Built: 2021
  • Unit Levels: Multi/Split, Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Area, Cathedral Ceiling(s), Dining Area, Separate/Formal Dining Room, Entrance Foyer, High Ceilings, Pantry, Split Bedrooms, Upper Level Primary, Vaulted Ceiling(s), Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Private Spa: Yes
  • Spa Features: Heated, In Ground
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Entry Location: Entry Level Living Area Y
  • Flooring: Wood
  • Living Area: 5393.0
  • Stories: 2

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Lighting, Outdoor Living Area
  • View: Lake
  • Fencing: Fenced
  • Lot Features: Sprinklers Automatic, Sprinkler System, < 1/4 Acre
  • Pool Features: Heated, In Ground, Pool Equipment, Salt Water, Association
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Builder Name: GL Homes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Covered, Open, Patio, Screened, Balcony
  • Property Condition: Resale
  • Roof: Concrete, Tile

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Security System Owned, Gated Community
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 666.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Gated, Property Manager On-Site, Street Lights
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Fitness Center, Playground, Pickleball, Pool, Recreation Facilities, Restaurant, Spa/Hot Tub, Sidewalks, Tennis Court(s), Trail(s)
  • Association: Yes
  • Pets Allowed: Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Recreation Facilities, Security

Lot Info

  • Parcel #: 00424632070004450
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.4
  • Mobile Dim Units: Feet
  • Zoning: AGR-PU

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 19762.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2025
Closed on
Jul 31, 2025
Sold by
Spears Michael and Spears Patricia Carol
Bought by
Kucherenko Yuriy and Kucherenko Anna
Seller's Agent
Paul Dono
Compass Florida LLC
List Price
$2,990,000
Sold Price
$2,600,000
Premium/Discount to List
-$390,000
-13.04%
Views
12
Current Estimated Value
$2,604,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,768
Avg. Annual Appreciation
0.32%

Purchase Details

Closed on
May 17, 2024
Sold by
Spears Michael and Spears Patricia Carol
Bought by
Spears Michael and Spears Patricia Carol

Purchase Details

Closed on
Apr 23, 2021
Sold by
Boca Raton Associates Viii Lllp
Bought by
Spears Michael and Spears Patricia Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $2,400,000 None Listed On Document
Deed -- None Listed On Document
Special Warranty Deed $1,571,234 Nova Title Company
Special Warranty Deed $1,571,234 Nova Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2025 07/31/25 Sold $2,600,000 -13.0% $482 / Sq Ft
04/11/2025 04/11/25 For Sale $2,990,000 -- $554 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $19,763 $1,262,650 -- --
2024 $19,763 $1,227,065 -- --
2023 $19,333 $1,191,325 $0 $0
2022 $19,224 $1,156,626 $0 $0
2021 $2,832 $168,000 $168,000 $0
2020 $2,523 $141,000 $141,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11080859

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-46-32-07-000-4450

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