NOT LISTED FOR SALE

Estimated Value: $2,669,000 - $4,855,000

7 Beds
8 Baths
9,764 Sq Ft
$417/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $2,800,000 $287 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $24,577/month

199 Days on Market

Highlights

  • On Golf Course
  • Heated Pool
  • Clubhouse
  • Gated with Attendant
  • 0.72 Acre Lot
  • Roman Tub

About This Home

As of October 2020

Masterfully designed, this exquisite Bear Lakes Estates compound was created with impeccable craftsmanship and is privately located on the largest (.72 AC) and most spectacular lot overlooking the 6th fairway of the Lakes course at Bear Lakes Country Club. Exclusively featured as one of Sabatello's prestigiously constructed homes, this incredible residence is the epitome of elegance and sophistication, yet rich with opulence and culture from around the world. Beautifully appointed with no expenses spared, this custom-crafted home offers formal and informal settings for both casual living and sophisticated entertaining. The main residence totals over 9,200 SF under air with 6 bedrooms, 5 full and 2 half baths, perfectly placed within its 2 levels, with artistically inspired rooms, custom moldings, detailed ceilings, and a custom designed climate-controlled 2,500+ bottle wine cellar. Bask in this lavish gourmet kitchen with top of the line appliances and cabinetry, expansive island with 3" stone counter tops and skillfully finished with imported hand made Italian tiles from Seville. Sprawling outdoor entertainment area with resort-style summer kitchen and gas fireplace, completely covered patio with Pecky Cypress ceiling, separate inground jacuzzi hot tub and oversized 45X15 heated pool. Beautifully finished detached guest house with full steam-shower bath and separate entrance privately located within meticulously manicured grounds. Entire home is fully equipped with generator, closed circuit security system and safe room, custom surround sound, impact glass windows and doors and an exclusive basketball court.
The owners took great pride in creating this majestic estate. From the finest details to the impeccable finishes - this stunning home will leave you speechless. This breathtaking custom Estate home has the expertise, creativity and craftsman in every detail of this unique Italian-inspired luxury home.
Featuring unobstructed golf course views throughout, the two-story residence offers the very best in South Florida living.
Features include:
Seven bedrooms / six full bathrooms and two half baths
9,284 SF main house, 480 SF guest house and 12,952 SF total
Cul-de-sac lot in manned gated community with circular driveway and 3 car garage
Foyer entrance with grand ceilings and impressive staircase
Marble floors and stone tile throughout
Formal living room with fireplace, custom handcrafted wallpaper, under counter refrigerator and separate wet bar.
Formal dining room with exquisite hand-crafted lighting and wood beams from the Carolinas. French doors lead to pool and entertainment area.
2500-bottle climate-controlled wine cellar with separate entrance off foyer
Gourmet kitchen with 3" stone countertops, separate island with ample seating and snack bar, large walk-in pantry. Viking 6-burner gas stove with dual ovens; separate Viking electric oven, Viking microwave, bread-warming drawer, Sub-zero refrigerator with 2 refrigerator drawers and 4 freezer drawers; custom built-in Miele coffee system, Pot filler with Shaw sink; Fisher & Paykel double drawer dishwasher + extra Miele dishwasher. Decorative tile throughout hand-crafted and imported from Seville Italy.
1st floor powder room (off the foyer) with slate flooring and beautifully designed with hand-painted oriental wall and ceiling coverings.
Library/media room complete with LED TV and Sonos sound system with intricate detailed crown molding and custom built-ins.
Guest bath off the kitchen with Pecky Cypress decorative window shutters
Adjacent guest bedroom (currently used as a gym) with plantation shutters
Spacious laundry room with tons of storage cabinets; Bosch dryer and Samsung washer.
First floor master wing includes stunning vestibule entry with custom lighting, bedroom with double crown molding and volume ceilings, separate sitting area that opens to pool/spa, dual walk-in closets (his & hers) with custom built-ins & discreet center panels, and spacious dressing area. Hers closet is also equipped and wired as a safe room as well as two custom safes built directly into the concrete.
Luxurious master bath with his and hers bathrooms, generous walk-through shower, center jacuzzi tub encased with intricate marble accents and marble floors throughout. Grand staircase leads to 2nd floor great room with separate refrigerator and 2nd laundry room. 4 additional en suite guest bedrooms each with walk-in closets, crown molding and updated bathrooms.
Separate guest house with private entry is fully equipped with microwave, sink & refrigerator. Full bedroom and separate steam-shower bathroom.
Basketball court complete with benches and amazing lighting.
Travertine pavers throughout backyard.
Separate inground jacuzzi tub (gas operated)
Resort-style heated pool (electric) with shallow lounge area
Authentic Provence Andalusian hand-crafted pots Covered patio with summer kitchen (Pecky Cypress ceilings), gas fireplace, new hood over Fisher & Paykle outdoor grill.
Whole house generator (Kohler)
2 buried gas tanks
4 Separate XL 201 Trane a/c systems
All hurricane impact doors/windows/garage doors
Structured wiring for surround sound, video surveillance security system, phone/internet system.

Last Agent to Sell the Property

DEREK LAMBROU

Village Realty Group LLC License #3266528 Listed on: 02/10/2020

Last Buyer's Agent

DEREK LAMBROU

Village Realty Group LLC License #3266528 Listed on: 02/10/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,203

Year Built

  • Built in 2010

Lot Details

  • 0.72 Acre Lot
  • On Golf Course
  • Cul-De-Sac
  • East Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Golf Course
  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 9,764 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Decorative Fireplace
  • Plantation Shutters
  • Blinds
  • French Doors
  • Open Floorplan
  • Formal Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Closet Cabinetry
  • Bidet
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Closed Circuit Camera
  • Fire and Smoke Detector

Pool

  • Heated Pool

Utilities

  • Zoned Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Purifier
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434307080000140

Community Details

Overview

  • Association fees include common areas, security
  • Bear Lakes Estates North Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,203

Year Built

Built in 2010

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Palm Beach Lakes Blvd to Village to Cumberland Dr to Saratoga Rd, to Tecumseh, through guard gate, left on Tecumseh, Right on Dakota Circle
  • Year Built: 2010
  • Architectural Style: Mediterranean
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Attic, Bidet, Bathtub, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Family/Dining Room, French Door(s)/Atrium Door(s), Garden Tub/Roman Tub, Jetted Tub, Living/Dining Room, Custom Mirrors, Main Level Primary, Pull Down Attic Stairs, Sitting Area in Primary, Soaking Tub, Separate Shower
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Free-Standing Freezer, Disposal, Gas Range, Ice Maker, Microwave, Oven, Water Purifier Owned, Refrigerator, Water Softener Owned, Water Purifier, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Marble, Other, Wood
  • Living Area: 9764.0
  • Stories: 2
  • Window Features: Blinds, Drapes, Plantation Shutters

Exterior Features

  • Exterior Features: Outdoor Kitchen, Outdoor Living Area
  • View: Golf Course, Garden, Pool
  • Fencing: Fenced
  • Lot Features: Cul-De-Sac, On Golf Course, Sprinklers Automatic, Sprinkler System
  • Pool Features: Heated, In Ground, Association
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Builder Name: Other
  • Construction Type: Block
  • Direction Faces: East
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Closed Circuit Camera(s), Gated with Guard, Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Association Fee: 393.32
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Gated, Property Manager On-Site, Street Lights
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Golf Course, Pool, Sidewalks, Tennis Court(s)
  • Pets Allowed: Breed Restrictions, Pet Restrictions

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 74434307080000140
  • Lot Size Acres: 0.72
  • Lot Size: 1/2 to < 1 Acre
  • Lot Size Sq Ft: 31363.2
  • Mobile Dim Units: Feet
  • Zoning: RPD(ci

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 32202.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Oct 6, 2020
Sold by
Arrigo James J and Arrigo Margaret Ellen
Bought by
Inganamort John F and Inganamort Joan
Seller's Agent
DEREK LAMBROU
Village Realty Group LLC
Buyer's Agent
DEREK LAMBROU
Village Realty Group LLC
List Price
$2,850,000
Sold Price
$2,800,000
Premium/Discount to List
-$50,000
-1.75%
Current Estimated Value
$4,068,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,268,032
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Apr 22, 2010
Sold by
Arrigo James J and Arrigo Margaret Ellen
Bought by
Arrigo James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 1999
Sold by
Virginia Robert M and Virginia Digloria
Bought by
Arrigo James J

Purchase Details

Closed on
May 24, 1999
Sold by
Veigle Charles H and Veigle Rebecca
Bought by
Arrigo Financial Group Inc

Purchase Details

Closed on
Dec 8, 1998
Sold by
Schultz Robert A and Schultz Peggy B
Bought by
Digloria Robert M

Purchase Details

Closed on
May 21, 1998
Sold by
Martel Victor
Bought by
Veigle Charles H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
7.04%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 1, 1995
Sold by
Gersten Susan C
Bought by
Schultz Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.22%

Purchase Details

Closed on
Feb 6, 1995
Sold by
Gersten Susan C and Gersten Michael E
Bought by
Gersten Susan C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Inganamort John F $2,600,000 Trident Ttl A Div Of Landcas
Arrigo James J -- Trident Title Llc
Arrigo James J $113,000 --
Arrigo Financial Group Inc $102,500 --
Digloria Robert M $98,000 --
Veigle Charles H $87,000 --
Schultz Robert A -- --
Schultz Robert A $105,000 --
Gersten Susan C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arrigo James J $2,000,000
Previous Owner Veigle Charles H $65,250
Previous Owner Schultz Robert A $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2020 10/08/20 Sold $2,800,000 -1.8% $287 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $2,850,000 -- $292 / 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 $35,860 $1,825,781 -- --
2024 $35,860 $1,774,326 -- --
2023 $35,038 $1,722,647 $0 $0
2022 $34,836 $1,672,473 $0 $0
2021 $34,844 $1,623,760 $0 $0
2020 $32,648 $1,508,307 $0 $0
2019 $32,203 $1,474,396 $270,000 $1,204,396
2018 $40,266 $1,886,913 $364,213 $1,522,700
2017 $40,740 $1,884,271 $331,103 $1,553,168
2016 $44,642 $2,019,655 $0 $0
2015 $41,808 $1,705,641 $0 $0
2014 $39,205 $1,550,583 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10599786

BeachesMLS (Greater Fort Lauderdale)

APN: 74-43-43-07-08-000-0140