1 month on rocket

8711 E Cresco Ln, Inverness, FL, 34450

$1,650,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
6 Full Baths
4,786 SqFt
$345/SqFt
House

Location

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8711 E Cresco Ln, Inverness$1,650,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Attached, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built1968
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontLake Front, Lake Privileges, Waterfront
MLS #839038
Lot Size1.23 Acres
StatusActive

About 8711 E Cresco Ln

Welcome to your dream oasis! A non-flood zone brick construction masterpiece of elegance and wit nestled on a sprawling 1.23-acre waterfront estate mere steps away from the Inverness Golf and Country Club. The property is hidden by a privacy hedge and luxurious custom Viking wrought iron motorized gates that open to your circular driveway. As you walk through the custom mahogany front doors in to the 4,786 square foot single-story that boasts 4 bedrooms and 5 bathrooms, offering a refined space with a true east and west wing for the buyer of the highest caliber. The property doesn’t just stop at the main house. The charming additional 1,388 square foot boat house also offers a waterfront retreat for your guests and water toys! Step inside to discover a world where sophistication meets comfort. The open floor plan seamlessly connects the living areas, creating an inviting atmosphere perfect for hosting soirées or enjoying quiet evenings with loved ones. The gourmet kitchen, a chef's delight, features a top-of-the-line Z Line 6 burner gas range, 2 electric ovens, Bosch dishwasher and refrigerator, leathered granite countertops with a seamless backsplash, a custom mahogany hood, custom mahogany waterfall countertops, and refined two tone soft close shaker cabinetry with below cabinet and in cabinet lighting. If that wasn’t enough, the adjacent bar comes complete with 2 SubZero refrigerator drawers, a copper sink, U-Line ice maker, and custom mahogany bar cabinetry. The luxury is unparalleled in this home with herringbone bamboo flooring, 9 inch baseboards, custom crown moldings, coffered ceilings in the media room, vaulted ceilings in the living room, an octagonal tray ceiling in the dining room, Pella impact rated windows and sliders, recessed LED lighting, brass art work sconces, double cedar lined closets, and so much more. The updates are truly endless! Whether you're lounging by the water, practicing your swing, or simply soaking in the quintessential Florida lifestyle, this estate is your personal paradise.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Ranch, OneStory
  • Year Built: 1968
  • Stories: 1
  • Living Area: 4,786 SqFt

Listing Office:

  • Office Name: Compass Florida LLC
  • Office Phone: (407) 203-9441

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Dryer, Dishwasher, Electric Oven, Electric Range, Freezer, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Water Purifier, Refrigerator, Range Hood, Water Softener, Water Heater, Washer
  • Flooring Type: Bamboo, Tile
  • Interior: Wet Bar, Tray Ceiling(s), Coffered Ceiling(s), Eat-in Kitchen, High Ceilings, Pantry, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Lake Privileges, Waterfront
  • Exterior: Lighting

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Circular Driveway, Attached, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Cleared, Irregular Lot, Rolling/Hilly, Sloped, Waterfront
  • Lot Size: 1.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From US 41N, get off and turn right on E Gobbler Dr, turn left on S Old Florida City Rd, turn right on E Sandpiper Rd, turn left on S Country Club Dr, turn left on E Cresco Lane, and home is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,650,000
  • Price Per SqFt: $345/SqFt

Tax Information:

  • Annual Amount: $4,222
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Inverness, FL.

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Inverness, FL

City

Med. Sold Price

$250K

Med. Price/SqFt

$181

Avg. Days On Market

69

# of Sold Homes

60

8711 E Cresco Ln vs Inverness

30 DAYS ON ROCKET

-39 Days

$1,650,000

+$1.4M More

$345/SqFt

+$164 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $164/SqFt more than other homes in Inverness, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CitrusCounty
  • MLS Number: #839038

Listing Office:

  • Office Name: Compass Florida LLC
  • Office Phone: (407) 203-9441

Information is provided by Realtors® Association of Citrus County, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 Realtors® Association of Citrus County, Inc. 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: 12/22/2024, 7:16:10 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

Nov 04, 2019Home Sold
$350,000
Oct 27, 1997Home Sold
$139,500

Tax History

YEARPROP. TAXASSESSMENT
2020$4,222$323,114
2019$4,695$336,948
2018$2,767$266,692
2017$2,767$214,591

History based on county public records data.

Payment Calculator

$8,303

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,013

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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-912094
4
/10

  • Inverness Primary School

  • 206 S Line Ave

  • 3.07 miles

  • Public District Grades PK-5

school-card-donut-912095
6
/10

  • Pleasant Grove Elementary School

  • 630 Pleasant Grove Rd

  • 3.79 miles

  • Public District Grades PK-5

school-card-donut-912096
5
/10

  • Floral City Elementary School

  • 8457 E Marvin St

  • 4.58 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 $49,829. Most Inverness, FL residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8711 E Cresco Ln

What is the listing price of this property?

The listing price of 8711 E Cresco Ln property is $1,650,000.

What type of property is this?

The property 8711 E Cresco Ln is a house located in Inverness, Florida, 34450.

Is this property for sale now?

Active Listing: 8711 E Cresco Ln 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 $4,222 (source: MLS/based on county public records data).

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

The last sale was on November 4, 2019 for $350,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8711 E Cresco Ln has 5 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 8711 E Cresco Ln is 4,786 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8711 E Cresco Ln is 1968.

Rocket Homes›Florida›Citrus County›Inverness›34450›8711 E Cresco Ln

This home is located at 8711 E Cresco Ln in Inverness, FL and zip code 34450. This 4,786 square foot home, which was built in 1968, sits on a 1.23 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $1,650,000.

In November 2024, from all listings sold in Inverness, FL there were more than 11 sold above asking price, over 34 sold below and more than 15 were sold right at the asked price. The inventory of homes for sale in Inverness, FL between October 2024 and November 2024 increased by 4.6%. In November 2024 median list price was $250,000 and the average listing age was 69 days.

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

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