$200,000
$285,000
29.8%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
2,016 SqFt
SOLD DATE : 04/15/2024
Key Details
Sold Price $200,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,016 sqft
Price per Sqft $99
Subdivision Eldorado Heights
MLS Listing ID G5077687
Sold Date 04/15/24
Bedrooms 3
Full Baths 2
Construction Status Financing,Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1973
Annual Tax Amount $1,073
Lot Size 0.600 Acres
Acres 0.6
Property Description
ATTENTION all Investors. Welcome to your next lucrative investment venture! Lakeside Retreat with Endless Potential!
This property presents a rare opportunity for investors seeking a profitable endeavor. Nestled on over half an acre of pristine land with 78 feet of coveted lakefrontage, this 3-bedroom, 2-bathroom retreat is primed for transformation into a sought-after lakeside escape. the expansive living space, spanning 2016 square feet across two levels, this home offers ample room for customization and expansion to meet various investment goals. With the bonus of a basement, there's potential to create additional living space, entertainment areas, or storage solutions, enhancing the property's value and appeal. Enjoy cozy evenings by the fireplace on both levels, creating a warm and inviting ambiance throughout the home.
Outdoor Oasis: Enjoy the best of outdoor living with a screened-in lanai spanning approximately 284 square feet, perfect for soaking in panoramic lake views and enjoying the gentle breeze. The Large sliding glass windows on both levels flood the interior with natural light, creating a bright and inviting atmosphere throughout the home.
This home is situated in a prime location in a tranquil setting, yet conveniently close to amenities and attractions, offering the perfect balance of seclusion and accessibility.
Investment Potential is endless. Renovate and modernize the interior to elevate its appeal and attract high-paying tenants or prospective buyers, maximizing your return on investment. Explore the potential for vacation rentals, capitalizing on the property's idyllic location and waterfront access to attract guests seeking a peaceful retreat. With the spacious layout, dual fireplaces, basement potential, and prime lakefront position, this property presents endless opportunities for investors to add value and generate significant returns.
Don't Miss Out. Seize the opportunity to turn this diamond in the rough into a profitable investment endeavor. Schedule a showing today and envision the possibilities of transforming this lakeside retreat into a profitable investment venture that offers the ultimate in comfort and relaxation for renters or buyers alike.
Location
State FL
County Lake
Community Eldorado Heights
Zoning R-1
Interior
Interior Features Ceiling Fans(s), High Ceilings, L Dining, Open Floorplan, PrimaryBedroom Upstairs
Heating Heat Pump, Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Vinyl
Fireplace true
Appliance Electric Water Heater, Exhaust Fan, Microwave, Refrigerator
Laundry Laundry Room
Exterior
Exterior Feature Balcony
Fence Wire
Utilities Available BB/HS Internet Available, Electricity Connected, Water Connected
Waterfront true
Waterfront Description Lake
View Y/N 1
Water Access 1
Water Access Desc Lake
Roof Type Shingle
Garage false
Private Pool No
Building
Story 2
Entry Level Two
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Well
Structure Type Wood Frame
New Construction false
Construction Status Financing,Inspections
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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5425 Golden Gate Pkwy, Naples, FL, 34116, United States