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877 Cypress Lakeview Court
Tarpon Springs, FL 34688
$1,750,000
Conventional
Property
Bedroom
6
Bathroom
6
Property Type
Conventional
Square ft
5328
Property Description
Introducing 877 Cypress Lakeview Ct, a masterpiece nestled in the heart of Tarpon Springs, FL. This captivating home offers unparalleled luxury and boasts an impressive array of features that redefine modern living. With 6 bedrooms and 6 bathrooms, high cathedral ceilings, panoramic windows offering extraordinary views of the backyard sanctuary, this open concept home provides ample space for comfort and privacy. Step inside and be greeted by a world of elegance, where each room is meticulously designed to offer the utmost in both style and functionality. Prepare to be amazed by the gorgeous chef's kitchen, adorned with marble countertops, tile backsplash, separate coffee station, & brand new cabinetry. Equipped with high-end stainless steel appliances, including a Thermadoor stove and Sub Zero refrigerator, this culinary haven is a dream come true for any cooking enthusiast. The adjacent dining area is perfect for hosting intimate gatherings or grand dinner parties. Relax and unwind in the spacious living room, complete with a stunning fireplace with decor that extends floor to ceiling with undershelf lighting. The main floor also features a guest bedroom, an office with granite countertops and brand new shelving, large laundry room with extra storage, and a master bedroom that epitomizes luxury with private access to the deck area. Master bedroom has his and hers walk-in closets and an en suite full bath featuring a double sink vanity. As you come to the upper level, you'll discover three additional bedrooms, each with its own full bathroom. Among them, a bedroom fit for a second master, featuring a marvelous bathroom with an extra-large shower space and a private balcony that overlooks the sprawling yard and picturesque lake. The lower level of the home offers versatility and convenience, housing a well-equipped workout room that can easily be converted into an additional 7th bedroom. Also including a movie theater where you can enjoy the latest movies from the comfort of your own home. Completing this level is another bedroom with a connected full bath, ensuring everyone's comfort and convenience. Step outside into a world of natural beauty with breathtaking backyard views of Florida's nature. The yard itself boasts private access to a 6-acre lake, allowing you to indulge in lake-front living at its finest. Take a dip in the heated saltwater pool or lounge on the brand new paver brick deck. This outdoor oasis is an entertainer's paradise, offering ample space for dining, relaxation, and creating unforgettable memories. Parking will never be a concern with the 3-car garage and space to accommodate up to 8 vehicles. Additional features of this exceptional property include natural gas connections to 2 tankless water heaters, ensuring endless hot water supply, and 3 air conditioning units to maintain optimal comfort throughout the home as well as a home generator. The landscaping of this property is truly a sight to behold, boasting meticulous design and stunning greenery that enhances the overall ambiance. Enjoy private deck and walkway access to the lake, allowing you to immerse yourself in the serenity of nature. Discover the epitome of luxury living at 877 Cypress Lakeview Ct, where every detail has been carefully crafted to create a haven of elegance, comfort, and sophistication. Sellers are motivated so don't miss the opportunity to make this extraordinary residence your own and embark on a lifestyle beyond compare.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
1994
MLS Number
T3454672
Location
Address
877 CYPRESS LAKEVIEW COURT
City
TARPON SPRINGS
State
FL
Zip Code
34688
County
PINELLAS (NORTH)
Listing
Provider
Yellowtail Realty Advisors, original listing
Name
Yellowtail Realty Advisors
Phone
(813) 453-6616
Office Name
YELLOWTAIL REALTY ADVISORS LLC
Office Phone
(813) 908-1560
Agent Name
Dean Diakonis

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.