ORLANDO, FL - Stirling Sotheby’s International Realty is marketing an unfinished $5.8 million luxury estate in Winter Garden for a severely reduced price of just $695,000. The property — originally appraised at $5.8 million — includes a four-acre homesite at Savannah Ridge, a private gated equestrian community in the Winter Garden area.
Roger Soderstrom, (lower left photo) founder and owner of Stirling Sotheby’s International Realty, said the luxury property survived the auction block recently when bidders were unable to meet the seller’s reserve price requirements.
“We have negotiated a substantially reduced asking price and we expect the property to sell within the next 30-60 days,” said Erin Wanner (top right photo), luxury home specialist with Stirling Sotheby’s International Realty.
By every measure, the property ranks as one of the biggest best deals in Central Florida real estate.
The home itself, with 13,044 square feet of living space and 19,760 square feet under roof, features seven bedrooms, seven full baths, four half baths, three fireplaces, a summer kitchen, a private theater, four two-car garages and an attached 2,000 square foot in-law suite with full kitchen.
“Additional construction work to complete the home is already bid out and comes to some $700,000,” Wanner said. It will take contractors an estimated 90 to 120 days to complete construction which includes an elaborate infinity edge pool.” The deadline to submit offers is Oct. 22, but the seller is prepared to go with the first acceptable offer that comes in,” Wanner said.
For more information, contact:
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142
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