550 Lake Otis Dr SE Winter Haven, FL 33880
Downtown Winter Haven NeighborhoodEstimated payment $5,622/month
Total Views
6,086
5
Beds
4
Baths
6,232
Sq Ft
$144
Price per Sq Ft
Highlights
- Lake Front
- Lap Pool
- Lake Privileges
- Frank E. Brigham Academy Rated 9+
- 0.87 Acre Lot
- Midcentury Modern Architecture
About This Home
NEW PRICE! AVAILABLE! NOW IS YOUR CHANCE TO OWN THIS LEEDY MID CENTURY MODERN LAKEFRONT HOME with a POOL! Unique opportunity to own a custom designed brick home by the renowned architect Gene Leedy! Leedy homes are rarely available for sale and similar in stature to the FLWright style of architecture. You will be amazed at the true beauty of this palatial residence. Brick, steel, concrete and glass are the main components of this homes construction. Plus a huge bonus is to enjoy the finished terrace level as well! Yes, a basement home in Florida! So this well designed home awaits your MCM decor. This property is a work of art to be garnered by one lucky buyer. Bedrooms and baths on every level. Primary bedroom located on the second level offers two walk in closets and built in drawer space. All bedrooms are very spacious, giving way to use all of them as residential suites. Great space to host work stations, play areas & workout spaces, laundry chutes, and custom built ins. All rooms have fabulous views of the Otis Chain of lakes, include Lake Otis, Lake Link and Little Otis. But not only will you have the lake area for boating, jet skis and wakeboarding you will be able to relax in the awesome sport pool which allows lap swim being one meter in length! Looking back at the home, you will be in awe of the abundance of balconies cantilevered off the rear of the home. These spacious outdoor retreats are great for relaxing & watching early morning sunrises & space rocket launches, easily visible from these balconies. Feel the gorgeous lake breeze through the open doors. There is a cozy wood burning fireplace, that adorns the living room on the main level. The incredible terrace level opens to an expansive pool deck and a concrete walled pool area with MCM lighting. From the main level you can access the pool area as well via a spiral staircase that allows you to make a grand entrance to your pool parties. A terrace level bedroom, full spacious bathroom and additional guest sitting area or office allows your guests privacy and is a perfect au pair retreat or potential in-law suite. Don't forget we have the kitchen of your dreams...complete with double ovens, center island, granite counters that go on and on, gas cook top with plenty of space for the appliances, freezers, fridge, and more all with a fab view of the lake. Steps to a brick patio balcony for dining al fresco. The balconies are designed with planter insets and just think you can have a delectable herb garden right off the chefs kitchen. Complete the culinary event with a gas brick oven /grill all accessible from inside the kitchen and outdoors. Our formal dining and combined living room has incredible hand laid brick floors and walls. If you are not satisfied by staring out at the lake, visit the huge front courtyard that also hosts a lovely reflecting pool gardens and fountain. The perfect Zen location, enjoy morning yoga & meditation to start your day! Or wine down parties under some twinkling lights all within a very private setting. The possibilities are endless. The incredible covered portico protects your vehicles and you when arriving home from any late day showers of harsh sun. The circular driveway allows easy access for you and your guests vehicles. The inviting lighted entrance to the home has gated access to provide additional security and privacy. No HOA. Will this impressive masterpiece be yours? BUILT IN 1964, a true MCM classic.
Listing Agent
HAPPY DAYS REALTY LLC Brokerage Phone: 407-390-0895 License #3152421 Listed on: 06/07/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,138
Year Built
- Built in 1964
Lot Details
- 0.87 Acre Lot
- Lot Dimensions are 78x217
- Lake Front
- West Facing Home
- Mature Landscaping
- Property is zoned R-1A
Property Views
- Lake
- Pool
Home Design
- Midcentury Modern Architecture
- Brick Exterior Construction
- Brick Foundation
- Concrete Siding
Interior Spaces
- 6,232 Sq Ft Home
- 3-Story Property
- Built-In Features
- Bar
- Dry Bar
- High Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Fireplace Features Masonry
- Blinds
- Family Room with Fireplace
- Living Room with Fireplace
- Combination Dining and Living Room
- Den
- Loft
- Bonus Room
- Storage Room
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Built-In Double Oven
- Indoor Grill
- Cooktop
- Microwave
- Freezer
- Dishwasher
- Solid Surface Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Wood
- Brick
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom Upstairs
- Split Bedroom Floorplan
- En-Suite Bathroom
- Walk-In Closet
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Interior Basement Entry
- Fireplace in Basement
- Stubbed For A Bathroom
- Natural lighting in basement
Pool
- Lap Pool
- Gunite Pool
Outdoor Features
- Access To Lake
- Access To Chain Of Lakes
- Open Dock
- Lake Privileges
- Balcony
- Courtyard
- Patio
- Exterior Lighting
- Rear Porch
Utilities
- Central Heating and Cooling System
- Thermostat
- Natural Gas Connected
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Built by Gene Leedy
- Mayfair Sub Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 7 / 1
- Assessor Parcel Number 26-28-28-608000-001070
Map
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Home Values in the Area
Average Home Value in this Area
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 | $9,138 | $537,615 | -- | -- |
| 2024 | $8,940 | $522,464 | -- | -- |
| 2023 | $8,940 | $507,247 | $0 | $0 |
| 2022 | $8,738 | $492,473 | $0 | $0 |
| 2021 | $8,787 | $478,200 | $0 | $0 |
| 2020 | $8,707 | $471,598 | $0 | $0 |
| 2018 | $8,572 | $452,399 | $0 | $0 |
| 2017 | $7,954 | $443,094 | $0 | $0 |
| 2016 | $7,908 | $433,980 | $0 | $0 |
| 2015 | $8,004 | $430,963 | $0 | $0 |
| 2014 | $7,684 | $427,543 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | Price Changed | $899,000 | -3.2% | $144 / Sq Ft |
| 08/01/2025 08/01/25 | Price Changed | $929,000 | -7.0% | $149 / Sq Ft |
| 07/20/2025 07/20/25 | For Sale | $999,000 | 0.0% | $160 / Sq Ft |
| 07/05/2025 07/05/25 | Pending | -- | -- | -- |
| 07/01/2025 07/01/25 | Price Changed | $999,000 | -11.2% | $160 / Sq Ft |
| 06/21/2025 06/21/25 | Price Changed | $1,125,000 | -10.0% | $181 / Sq Ft |
| 06/07/2025 06/07/25 | For Sale | $1,250,000 | -- | $201 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Trustee Deed | $216,000 | None Available | |
| Warranty Deed | $420,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $417,000 | New Conventional | |
| Closed | $315,000 | New Conventional | |
| Previous Owner | $75,000 | Credit Line Revolving | |
| Previous Owner | $640,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $272,750 | New Conventional | |
| Previous Owner | $195,000 | New Conventional | |
| Previous Owner | $275,000 | New Conventional |
Source: Public Records
Similar Homes in Winter Haven, FL
Source: Stellar MLS
MLS Number: S5128104
APN: 26-28-28-608000-001070
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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