Sold Luxury Bank Owned Property in Lake Nona Near Medical City Orlando FL

Sold Luxury Bank Owned Property in Lake Nona Orlando FL

Banked Owned/Foreclosure The New American Home 2008, showcased for the NAHB. A blend of charming southern hosp. found on a plantation w/technology of today exemplifying eco green bldg. dining rm,wine cellar & grand Canadian carved staircase you see expansive views of private conservation & the lake.Home offers UV air purification, elevator, MP3 connec.Prewired for Bose surround sound/theater systems, Clipsal lighting,remote gas fireplaces & doors for entertaining & views of the ski lake, pool, spa, fire pots, gardens, summer kitchen, phantom screens & fireplace. Guest quarters include kitchenette, living rm, bdrm & bath. Master retreat is fit for Royalty inclusive of morning kitchen, Jacuzzi tub, fireplace, huge walk in shower w/6 setting Kohler shower system, humidity control, & spa fountain.Kitchen offers multiple sinks, 2 dishwashers, step in pantry behind the cabinets, butlers pantry w/wine refrig, gas range w/pasta filler, bakers station complete with two ovens and drawer warmer, quartz counters, maple cabinetry. Private study has wood floors, built-ins, fireplace & pecky cypress ceiling. Club rm has gaming area, fireplace, theater curtains,prewired for Bose system & flat screen TV’s, bar service area, & veranda. His garage features space for workstations & hers leads to drop off zone for keys, purse station, pet area, etc. Laundry rms have pet/gardening sink, machine w/built in steamer, & craft room w/balcony.Near Medical City.

List Price: $2,950,000
List Price Per Sq. Ft.: $438.66
Sold Price: $1,180,000
Sold Price Per Sq. Ft.: $175.46
Sq. Ft.: 6,725
Year Built: 2009
Lot Size: .55 Acres
Sold: 10/31/2011

For more luxury homes available in the Greater Orlando area, please visit Gitta Sells & Associates or contact Gitta Sells & Associates direct at 407-330-2181 or email, gitta@gitta.com

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Stunning Golf Course and Lakeview Custom Home in Desirable Isleworth Windermere FL

Stunning Golf Course and Lakeview Custom Home in Desirable Isleworth Windermere FL

Providing stunning golf course panoramas and Lake Louise views, this gracious Isleworth home is situated on the 17th fairway. Embraced by the natural beauty of its environment, the peaceful exterior vistas blend harmoniously with the interior’s rich details. Groin arches supported by stately columns at the entrance lead to the two story formal living room overlooking the expansive outdoor covered lanai. The gourmet kitchen is appointed with outstanding cabinetry a wine cellar and a picture perfect breakfast nook. The luxurious master wing includes a sitting area with French doors that open to a private spa, a dressing area and spacious master bath. A large office with custom cabinetry is located on the main level near the master suite. Next to the oversized pool is a lavish cabana featuring a full bath, a sauna and a superb summer bar & kitchen perfect for entertaining. A guest suite completes this home providing a separate living room with a morning kitchen and a bedroom & bath. Positioned on an oversized lot this estate admirably balances setting and style.

List Price: $3,995,000
List Price Per Sq. Ft.: $575.98
Sq. Ft.: 6,936
Year Built: 1988
Lot Size: .81 Acres

For more luxury homes available in the Greater Orlando area, please visit Gitta Sells & Associates or contact Gitta Sells & Associates direct at 407-330-2181 or email, gitta@gitta.com

For a Free Home Evaluation, click here

**Disclaimer – Gitta Sells & Associates with Keller Williams Heritage Realty is not the listing broker for this property, current listing broker is Isleworth Realty Inc. This post is for the public on luxury homes that are listed & sold in the Greater Orlando area.**

Sold Lakefront Home On Almost 3 Acres Windermere FL

Sold Lakefront Home On Almost 3 Acres Windermere FL

SPECTACULAR STUDY IN CONTEMPORARY CRAFTSMAN STYLE ARCHITECTURE! This significant four bedroom three and one half bath home sits on a gorgeous lake front lot overlooking Lake Down and boasts over 5300 square feet. From the moment you walk through the custom, 8′ leaded glass cedar door you will be totally impressed. The entry features hewn wood columns accented by Tennessee River Rock, which is then picked up in the stone facade of the living room fireplace, which opens to the dining room and expansive lake views. The master suite has its own fireplace and private lanai; the master bath, with glass tile inlay, features a spa tub, separate shower, great closet space and a private exercise room. The kitchen is a chef’s dream with built in stainless appliances, custom cabinetry, granite counters and island plus an over-sized breakfast area with built in desk and cabinetry. From the kitchen and through the step down family room, you enter the guest wing which features three bedrooms and two baths. The upstairs bonus room/ game room features its own study loft and is framed by vaulted ceilings of cedar plank and wood beams. The outdoor area is perfect for entertaining with its summer kitchen, pavered lanai and pool deck, which all leads to the rolling lawn, waterfront and private boathouse. Although built in 1986, this home went through a significant renovation in 2003. Lot size per tax assessors roles reflects land that is owned beyond the shoreline. Heated square footage based on recent appraisal.

List Price: $1,799,000
List Price Per Sq. Ft.: $339.43
Sold Price: $1,610,000
Sold Price Per Sq. Ft.: $303.77
Sq. Ft.: 5,300
Year Built: 1986
Lot Size: 2.97 Acres
Sold Date: 10/25/2011

For more luxury homes available in the Greater Orlando area, please visit Gitta Sells & Associates or contact Gitta Sells & Associates direct at 407-330-2181 or email, gitta@gitta.com

Spacious Lakefront Home on Lake Tibet Butler Orlando FL

Spacious Lakefront Home on Lake Tibet Butler Orlando FL

Spacious lake home with remarkable views from the whole west side of the home. A great 210 sq. ft. foyer invites you into the 5000+ sq. ft. custom home. Upgraded Mediterranean kitchen consists of GE Monogram appliances, gas stove with griddle and grill, two ovens with convection, microwave with Advantium, island, built-in desk and amazing hidden walk-in pantry. Pantry includes sliding ladder and under floor storage. Balcony from kitchen nook overlooks sparkling pool and lake. Travertine tile covers the kitchen, kitchen nook, and formal dining. All four full baths are remodeled with stone and tile. Massive master shower includes three shower heads. Loft with amazing storage in master suite with colossal lake views. Grand living room for large gatherings with surround windows for stunning views. Oversized garage includes a very private, 252 sq ft air-conditioned bonus room above the garage with cedar ceiling and walls. This property has abundant storage. Stone pavers cover spacious patio and pool decking and lead to boathouse with large dock and lift. Lanai includes full stainless outdoor kitchen for alfresco entertaining. And for your pets’ protection, an invisible fence surrounds the perimeter of the back yard. This amazing lot is 145′ of gorgeous lakefront and set with a seawall.

List Price: $1,649,000
List Price Per Sq. Ft.: $323.46
Sq. Ft.: 5098
Year Built: 1982
Lot Size: .72 Acres

For more luxury homes available in the Greater Orlando area, please visit Gitta Sells & Associates or contact Gitta Sells & Associates direct at 407-330-2181 or email, gitta@gitta.com

**Disclaimer – Gitta Sells & Associates with Keller Williams Heritage Realty is not the listing broker for this property, current listing broker is Coldwell Banker Residential RE. This post is for the public on luxury homes that are listed & sold in the Greater Orlando area.**

Luxury Executive Home In Exclusive Heathrow Woods Lake Mary FL

Luxury Executive Home In Exclusive Heathrow Woods Lake Mary FL

Exceptional design and distinctively styled Dave Brewer masterpiece. Immaculate attention to detail throughout. Extensive use of stone, wood, custom wrought iron, arches/columns, faux painting, crown molding & architectural niches. The downstairs level of this elegant Tuscan-Style estate home has 5 bedrooms, 6½ bathrooms,large office,huge gameroom,outdoor kitchen & lanai area. The 2nd level offers totally contained guest/in-law suite w/lrg bedroom, bathroom & completely separate living room w/ mini-kitchen. All bedrooms have private full baths & the floor plan is open & spacious, creating a perfect flow for entertaining & family living. The gourmet kitchen boasts luxurious detail w/ custom cabinetry, lighting & fabulous millwork. Oversized island, custom Travertine Sink & wrought iron detailed wine cellar, 2 dishwashers, prep sink, lrg walk in & subzero/wolf appliances along w/ the true butler’s pantry (w/sink & wine cooler) make this kitchen truly functional for every occasion. The family room opens to the unbelievable game room w/full cocktail bar, beer tap, fridge & sink with exquisite millwork & bullet hole tile detail. Walk out to extensive resort style travertine heated pool & spa area, outdoor kitchen w/ fireplace & abundant lanai area. Everything you need to entertain-fridge, outdoor TV & gas stove & fireplace. The lrg Master has sitting area w/ gas fireplace & huge custom his/her closet space. Exclusive gated community w/ highly rated schools in Orlando’s Seminole County.

List Price: $2,599,000
List Price Per Sq. Ft.: $320.55
Sq. Ft.: 8,108
Year Built: 2008
Lot Size: .95 Acres

For more luxury homes available in the Greater Orlando area, please visit Gitta Sells & Associates or contact Gitta Sells & Associates direct at 407-330-2181 or email, gitta@gitta.com

**Disclaimer – Gitta Sells & Associates with Keller Williams Heritage Realty is not the listing broker for this property, current listing broker is Exit Real Estate Results. This post is for the public on luxury homes that are listed & sold in the Greater Orlando area.**

Sold Amazing Executive Home in Upscale Windermere Gated Community Windermere FL

Sold Amazing Executive Home in Upscale Windermere Gated Community Windermere FL

Amazing executive home in upscale Windermere country estate gated community. Gourmet cook’s dream kitchen. Viking gas stove, pot filler, carved marble farmer sink, Viking refrigerator/freezer, granite counters, refrigerator drawers, 2 dishwashers and a built-in espresso machine. Also a wine cellar, mini bar, butler pantry and sauna. Use the elevator to the upstairs “man cave” and media room (34×14 w/12 speakers). Enjoy the massive upstairs balconies overlooking the “to die for” outside entertainment area all covered w/travertine tile and surround sound, including huge bar/grill, gas fireplace, gas fire pits/balls and pergola/trellis water fall in the 51×25 ft salt-water pool/spa with multi-color motion lights (all remote controlled). The mastersuite IS a mastersuite with separate 15×14 exercise room and 18×16 office w/wall to wall custom built-ins. The entire first floor is covered with travertine and has decorative frescos throughout the home. The dramatic living room features 27 foot ceilings and a wall of glass overlooking pool area. Each upstairs bedroom has its own walk-in closet and bath with outside upstairs balconies front and back of home. The house also features a doc system and the entire home has a state-of-the art monitoring system w/cameras and separate control rooms. 4-car garage (2+2), massive paver driveway, fountain w/multi-colored lights…all on a cul-de-sac.

List Price: $2,840,000
List Price Per Sq. Ft.: $313.67
Sold Price: $2,300,000
Sold Price Per Sq. Ft.: $254.03
Sq. Ft.: 9,054
Year Built: 2009
Lot Size: 1.01 Acres
Sold Date: 10/24/2011

For more luxury homes available in the Greater Orlando area, please visit Gitta Sells & Associates or contact Gitta Sells & Associates direct at 407-330-2181 or email, gitta@gitta.com

Wealthy investors implement “catastrophe” investing

In the face of concerns about the state of the global economy and global political instability, many of the super rich have shifted investment priorities. Instead of trying to grow their wealth, they are focused on wealth preservation – maintaining the wealth they have in today’s challenging and unpredictable investment market. A Reuter’s article calls the resulting investment strategy a “catastrophe portfolio” which “allocates one third of the money to gold, one third to defensive and internationally diversified blue chip company shares, and a third to the debt of ultra-safe developed countries.” (Anyone have a clue as to what countries those might be?)

The affluent in Europe, the Middle East and China are also sending more of their money abroad, some of which ends up in high-end residential real estate. Hence the property booms in London and Vancouver (B.C.). Paris may be next in the growing list of very desirable places to buy luxury homes and condos. While the “catastrophe portfolio” may be embraced by the most nervous of the wealthy, a 2011 study by Knight Frank and Citi Private Bank reports that the ultra high net worth individuals (UHNWI) still hold property close to their hearts. According to their survey, it makes up 35% of the average UHNWI’s investment portfolio (this includes both residential and commercial). Those surveyed in this report had, on average a net worth of $100 million. The report goes on to say, “The factors that encourage the wealthy to seek out and buy the very best property in cities such as London have, if anything, become even more important.”

We note that this flight to quality real estate is also being seen in major U.S. and Canadian markets from New York and Washington D.C to Toronto and Los Angeles. Factor in the importance of education to Asians — especially the Chinese — and you find one more reason for affluent Asians to purchase in the U.S. and Canada. Many wealthy Asians are sending their children to U.S. and Canadian colleges and universities. This often leads to a real estate purchase – either a condo for the expat student and/or a luxury residence for the family to use when visiting the scholar. This education-related demand is the most important driver of Chinese purchases in the U.S. other than investment. This also means that Chinese buyers are popping up in many markets with colleges and universities.

All this bodes well for foreign residential investment in the U.S. Keep your eyes and ears open for opportunities in your markets.

Shortsale Sold Custom Home on 2.54 Acres of Lake Frontage Windermere FL

Shortsale Sold Custom Home on 2.54 Acres of Lake Frontage Windermere FL

Custom Home w/breathtaking views of Lake Down this home was designed for entertaining & the lakefront lifestyle. Expansive living areas, open main floor plan, theatre room seats nine, loft bonus room with wet bar and loggia overlooking the pool, grand resort deck area offer a massive travertine patio, summer kitchen, living and dining area, refreshing pool, relaxing spa and outdoor shower. The boathouse has 2 slips with lifts and a spiral staircase that leads to a rooftop Sun Deck. All bedrooms are suites with private baths. Each bedroom has water views, breathtaking sunsets and nightly fireworks courtesy of Disney. The home is in a secluded locatin and sits on 2.5 acres with lush landscaping. Circular driveway and 4 car garage are just a few of the amenities of this exquisite home.

List Price: $2,795,000
List Price Per Sq. Ft.: $447.05
Sold Price: $1,340,000
Sold Price Per Sq. Ft.: $214.33
Sq. Ft.: 6,252
Year Built: 2000
Lot Size: 2.54 Acres
Sold Date: 10/13/2011

For more luxury homes available in the Greater Orlando area, please visit Gitta Sells & Associates or contact Gitta Sells & Associates direct at 407-330-2181 or email, gitta@gitta.com

Cottage Style Pool Home In Sicilian Shores Subdivison Winter Park FL

Cottage Style Pool Home In Sicilian Shores Subdivision Winter Park FL

DON’T MISS THIS SPECTACULAR 4 BEDROOM, 4 ½ BATH, 3,834 SQUARE FOOT COTTAGE STYLE POOL/SPA HOME SITUATED ON A HUGE LOT WITH TOWERING OAKS IN THE HEART OF THE “VIAS”. METICULOUSLY RENOVATED WITH NO DETAIL OVERLOOKED, THE QUALITY FINISHES AND DECORATOR TOUCHES EMANATE THE MINUTE YOU WALK THROUGH THE FRONT DOOR. THIS HOME NEEDS TO BE VIEWED IN PERSON TO TRULY APPRECIATE THE QUALITY INSIDE AND OUT. GREAT PUBLIC SCHOOLS!

List Price: $1,149,000
List Price Per Sq. Ft.: $229.69
Sq. Ft.: 3,834
Year Built: 1955
Lot Size: .41 Acres

For more luxury homes available in the Greater Orlando area, please visit Gitta Sells & Associates or contact Gitta Sells & Associates direct at 407-330-2181 or email, gitta@gitta.com

**Disclaimer – Gitta Sells & Associates with Keller Williams Heritage Realty is not the listing broker for this property, current listing broker is Coldwell Banker Residential RE. This post is for the public on luxury homes that are listed & sold in the Greater Orlando area.**

Preconstruction In Desirable Windsong Winter Park FL

Brand New Construction in the Desirable Windsong in Winter Park FL

Brand new construction in desirable Windsong subdivision. You still have time to select your finishing touches. One of a kind custom home with over 4300 sq. ft. with many upgrades.  This well appointed home features an elegant open floor plan w/an abundance of millwork, a gorgeous gourmet kitchen and beatiful pool w/a travertine deck. Tremendous value without sacrificing quality. Winter Park is a top community in the Orlando area, offering A rated schools and Park Ave shopping and dining. Enjoy the Olde World Charm of Windsong, conveniently located and situated among Winter Park Chain of Lakes with community boat ramp and pools. Make your appointment today.

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