new - 6 days on rocket

511 Bear Rd, Lake Placid, FL, 33852

$989,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,628 SqFt
$376/SqFt
House

Location

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511 Bear Rd, Lake Placid$989,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Garage3 spaces
Year Built1997
HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air, Electric
ViewPond, Pool
MLS #309416
Lot Size11.88 Acres
StatusActive

About 511 Bear Rd

The minute you pass the gates into this EQUESTRIAN community of homes on 10 acre or more parcels with rolling hills you will feel the peace and serenity of Bear Hollow. This home offers a private gated retreat with OVER 11 ACRES of "OFF THE GRID" living with WHOLE HOUSE SOLAR PANELS that have been installed in the back yard (not on the roof)and a 200' deep ARTESIAN WELL offering incredible drinking water! The floor plan was designed to entertain with soaring ceilings, a living room AND family room that are open to each other with incredible pool views allowing for guests to easily flow from room to room. The kitchen has TONS of oak cabinets, quartz counters, large island with sink and newer appliances. The split bedroom plan offers total privacy with the master suite occupying one wing of the home. The master has access to the pool area and has his and her closets. Off the master bedroom is the master bath with 2 vanities, water closet, walk in shower with cultured marble for easy care cleaning and a jetted tub with a stunning stained glass window above. On the other side of the house, two nice sized bedrooms and a bathroom are perfect for guests or office use. The utility room with washer and dryer lead to the 3 car garage. Out back the pool, spa and patio with pavers make the perfect place to relax and just enjoy the gorgeous views. There is a beautiful 1 acre SPRING FED pond just beyond the pool so bring your pole and catch some fish! Come live life in style while maintaining the utmost in privacy in this gorgeous luxury community. The good life is waiting! (VA assumable loan at $2.99%. Ask for details)

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1997
  • Stories: 1
  • Living Area: 2,628 SqFt

Listing Office:

  • Office Name: LPT Realty LLC
  • Office Phone: (877) 366-2213

Interior Features

Interior Information:

  • Flooring Type: Carpet, Tile
  • Interior: Ceiling Fan(s), Cathedral Ceiling(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Pond, Pool

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Garage

Virtual/3D Tour

  • Virtual Tour: 511 Bear Rd
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Lot Features

Lot Information:

  • Lot Size: 11.88 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Ceiling Fan(s), Central Air, Electric

Other

Directions Information:

  • Directions: EAST ON SR 70. LEFT TO BEAR HOLLOW ENTRANCE. GO THROUGH GATE AND FOLLOW ROAD TO HOUSE ON RIGHT.

Price Information

Listing Price Info

Price Summary:

  • List Price: $989,000
  • Price Per SqFt: $376/SqFt

HOA Fees:

  • Amount: $80
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,140
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lake Placid, FL.

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Lake Placid, FL

City

Med. Sold Price

$275.3K

Med. Price/SqFt

$191

Avg. Days On Market

58

# of Sold Homes

11

511 Bear Rd vs Lake Placid

6 DAYS ON ROCKET

-52 Days

$989,000

+$713.6K More

$376/SqFt

+$185 More

KEY TAKEAWAY

This property is $713.6K more than the Median Sold Price and $185/SqFt more than other homes in Lake Placid, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HeartlandFL
  • MLS Number: #309416

Listing Office:

  • Office Name: LPT Realty LLC
  • Office Phone: (877) 366-2213

Broker Reciprocity The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with a Broker Reciprocity logo provided. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2024 Highlands Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 4:15:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 15, 2015Home Sold
$330,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,140$291,998
2019$4,056$285,433
2017$3,884$275,881

History based on county public records data.

Payment Calculator

$5,084

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,032

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3835129
6
/10

  • Lake Country Elementary School

  • 516 County Road 29

  • 4.02 miles

  • Public District Grades PK-5

school-card-donut-3835130
3
/10

  • Lake Placid Elementary School

  • 101 Green Dragon Dr

  • 7.02 miles

  • Public District Grades PK-5

school-card-donut-3835131
6
/10

  • Cracker Trail Elementary School

  • 8200 Sparta Rd

  • 16.85 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,594. Residents of Lake Placid, FL typically earn less than $35k each year. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 511 Bear Rd

What is the listing price of this property?

The listing price of 511 Bear Rd property is $989,000.

What type of property is this?

The property 511 Bear Rd is a house located in Lake Placid, Florida, 33852.

Is this property for sale now?

Active Listing: 511 Bear Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,140 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 15, 2015 for $330,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 511 Bear Rd has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 511 Bear Rd is 2,628 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 511 Bear Rd is 1997.

Rocket Homes›Florida›Highlands County›Lake Placid›33852›511 Bear Rd

This home is located at 511 Bear Rd in Lake Placid, FL and zip code 33852. This 2,628 square foot home, which was built in 1997, sits on a 11.88 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $989,000.

In November 2024, from all listings sold in Lake Placid, FL there were more than 0 sold above asking price, over 7 sold below and more than 4 were sold right at the asked price. Between October 2024 and November 2024, Lake Placid, FL real estate market has seen increase in the number of listings by 10.3%. In November 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $275,333.

From Rocket Homes Real Estate and based on county public records data.

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