8711 E Cresco Ln Inverness, FL 34450
Estimated payment $7,298/month
Highlights
- Boathouse
- Updated Kitchen
- Lake Privileges
- Lake Front
- 1.23 Acre Lot
- Room in yard for a pool
About This Home
Welcome to your dream oasis! 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 hidden 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 soirees 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, and custom mahogany bar cabinetry. The luxury is 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! Whether you're lounging by the water, practicing your swing, or simply soaking in the quintessential Florida lifestyle, this estate is your personal paradise. FAVORABLE OWNER FINANCING AVAILABLE WITH $500,000 DOWN!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,878
Year Built
- Built in 1968
Lot Details
- 1.23 Acre Lot
- Lake Front
- Landscaped
- Irregular Lot
- Lot Has A Rolling Slope
- Sprinkler System
- Cleared Lot
- Property is zoned R1
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Circular Driveway
- Parking Garage Space
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Block Foundation
- Slab Foundation
- Shingle Roof
- Asphalt Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 4,786 Sq Ft Home
- 1-Story Property
- Wet Bar
- Bar Fridge
- Crown Molding
- Coffered Ceiling
- Tray Ceiling
- Vaulted Ceiling
- Recessed Lighting
- Fireplace
- Impact Glass
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Gas Oven
- Gas Cooktop
- Range Hood
- Microwave
- Freezer
- Bosch Dishwasher
- Dishwasher
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Bamboo
- Travertine
Bedrooms and Bathrooms
- 5 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 6 Full Bathrooms
- Secondary Bathroom Jetted Tub
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Room in yard for a pool
- Boathouse
- Lake Privileges
- Outdoor Water Feature
- Exterior Lighting
- Pergola
Schools
- Inverness Primary Elementary School
- Inverness Middle School
- Citrus High School
Utilities
- Central Heating and Cooling System
- Well
- Water Heater
- Water Purifier is Owned
- Water Softener is Owned
- Septic Tank
Community Details
- No Home Owners Association
- Davis Lake Golf Est. Subdivision
Map
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 |
---|---|---|---|---|
2024 | $4,878 | $363,472 | -- | -- |
2023 | $4,878 | $352,885 | $0 | $0 |
2022 | $4,565 | $342,607 | $0 | $0 |
2021 | $4,383 | $332,628 | $0 | $0 |
2020 | $4,222 | $323,114 | $56,700 | $266,414 |
2019 | $4,696 | $336,948 | $56,700 | $280,248 |
2018 | $4,101 | $266,692 | $56,700 | $209,992 |
2017 | $2,767 | $214,591 | $59,500 | $155,091 |
2016 | $2,804 | $210,177 | $59,500 | $150,677 |
2015 | $2,848 | $208,716 | $59,500 | $149,216 |
2014 | $2,914 | $207,060 | $52,840 | $154,220 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/23/2025 09/23/25 | Price Changed | $1,300,000 | -7.1% | $272 / Sq Ft |
07/07/2025 07/07/25 | Price Changed | $1,400,000 | -6.7% | $293 / Sq Ft |
06/02/2025 06/02/25 | For Sale | $1,500,000 | 0.0% | $313 / Sq Ft |
05/31/2025 05/31/25 | Off Market | $1,500,000 | -- | -- |
01/22/2025 01/22/25 | Price Changed | $1,500,000 | -9.1% | $313 / Sq Ft |
11/13/2024 11/13/24 | For Sale | $1,650,000 | +371.4% | $345 / Sq Ft |
11/01/2019 11/01/19 | Sold | $350,000 | -9.1% | $65 / Sq Ft |
10/02/2019 10/02/19 | Pending | -- | -- | -- |
04/22/2019 04/22/19 | For Sale | $384,900 | -- | $72 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $350,000 | American Ttl Svcs Of Citrus | |
Interfamily Deed Transfer | -- | None Available | |
Deed | $139,500 | -- | |
Deed | $109,700 | -- | |
Deed | $192,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $25,000 | Purchase Money Mortgage |
Source: REALTORS® Association of Citrus County
MLS Number: 839038

APN: 20E-19S-22-0020-000A0-0190
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