27 days on rocket

518 Lake Mirror Dr, Lake Placid, FL, 33852

$1,499,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
3,700 SqFt
$405/SqFt
House

Location

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518 Lake Mirror Dr, Lake Placid$1,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Garage Door Opener
Garage2 spaces
Year Built1969
HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air, Electric
WaterfrontLake Front
FireplaceWood Burning
ViewLake
MLS #305972
Lot Size8.30 Acres
StatusActive

About 518 Lake Mirror Dr

Welcome to your dream home! This expansive ranch-style estate, nestled on over 8 acres of prime waterfront land, offers the perfect blend of luxury and tranquility. As you drive down the long, private driveway, you'll immediately feel at home in this stunning property. With four horse stalls, a pole barn, and a holding pen, equestrian enthusiasts will find ample facilities, perfect for equestrian enthusiasts. The home features 200 feet of pristine lake frontage, providing breathtaking views and a serene atmosphere. Inside, you'll discover 5 bedrooms and 4 1/2 bathrooms, including two master bedroom suites and a third bedroom with an en-suite bathroom and private entrance. The eat-in kitchen is a chef's delight, boasting granite countertops, wood cabinets, a new refrigerator, dishwasher, and stove, all set against cathedral ceilings with wood beams that frame a picturesque lake view. Off the kitchen is a large walk-in pantry and an oversized laundry room with an additional half bath. The family room, with its wood-burning fireplace and French doors, opens to a large, screened porch measuring 28 x 32 feet, ideal for indoor-outdoor living. The patio which is perfect for relaxing or entertaining overlooks a beautifully landscaped yard adorned with oak trees and offering a stunning lake view. Additional upgrades include new Acacia wood flooring throughout, new landscaping, a new irrigation system, and a new water system with reverse osmosis. Recreational opportunities abound with a private dock, ideal for boating and swimming on Lake Placid, a 3320-acre ridge lake with a sandy white shoreline. A large 20 x 40 boat house/workshop by the lake provides ample storage for your toys and tools. Completing this idyllic estate are a fire pit by the water and several fruit trees, enhancing the property's charm. This home is sold completely furnished with beautiful ranch-style furniture, making it a true paradise for those seeking a luxurious and serene lifestyle. Your dream home awaits! Properties like this don't come available often. Qualified buyers only Please.

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1969
  • Stories: 1
  • Living Area: 3,700 SqFt

Listing Office:

  • Office Name: Prestige Realty of Florida
  • Office Phone: (863) 531-3744

Interior Features

Interior Information:

  • Appliances: Double Oven, Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Washer
  • Flooring Type: Other
  • Interior: Ceiling Fan(s)
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Lake
  • Exterior: Dock

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 518 Lake Mirror Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 8.30 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Heading South on Main St. from the intersection of Interlake Blvd and Main St. Make a left on Lake Mirror Dr. Property will be down on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000
  • Price Per SqFt: $405/SqFt
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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

518 Lake Mirror Dr vs Lake Placid

27 DAYS ON ROCKET

-31 Days

$1,499,000

+$1.2M More

$405/SqFt

+$214 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $214/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: #305972

Listing Office:

  • Office Name: Prestige Realty of Florida
  • Office Phone: (863) 531-3744

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: 12/24/2024, 9:16:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 19, 2012Home Sold
$490,000

History based on county public records data.

Payment Calculator

$7,549

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,561

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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-1426885
3
/10

  • Lake Placid Elementary School

  • 101 Green Dragon Dr

  • 1.98 miles

  • Public District Grades PK-5

school-card-donut-1426886
6
/10

  • Lake Country Elementary School

  • 516 County Road 29

  • 2.40 miles

  • Public District Grades PK-5

school-card-donut-1426887
6
/10

  • Cracker Trail Elementary School

  • 8200 Sparta Rd

  • 11.81 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 $39,737. Residents of Lake Placid, FL typically earn less than $35k each year. Most families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 518 Lake Mirror Dr

What is the listing price of this property?

The listing price of 518 Lake Mirror Dr property is $1,499,000.

What type of property is this?

The property 518 Lake Mirror Dr is a house located in Lake Placid, Florida, 33852.

Is this property for sale now?

Active Listing: 518 Lake Mirror Dr is For Sale (Active/New) which means the seller is accepting offers.

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

The last sale was on April 19, 2012 for $490,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 518 Lake Mirror Dr has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 518 Lake Mirror Dr is 3,700 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 Lake Mirror Dr is 1969.

Rocket Homes›Florida›Highlands County›Lake Placid›33852›518 Lake Mirror Dr

This home is located at 518 Lake Mirror Dr in Lake Placid, FL and zip code 33852. This 3,700 square foot home, which was built in 1969, sits on a 8.30 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $1,499,000.

Lake Placid, FL housing market in November 2024 saw over 0 listings sold above listed price, more than 4 sold at listed price and over 7 sold below. Between October 2024 and November 2024, Lake Placid, FL real estate market has seen increase in the number of listings by 10.3%. The median list price of listings available in November 2024 was $275,333, while the average time on the real estate market was 58 days.

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

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