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10330 Wittenberg Way
Orlando, FL 32832
$3,999,000
Conventional
Property
Bedroom
6
Bathroom
8
Property Type
Conventional
Square ft
9272
Property Description
Under contract-accepting backup offers. GATED, LAKEFRONT, POOL in Moss Park Reserve! VERY energy efficient home including construction with ICF block. It’s rare to find a home that stops you in your tracks. One that is jaw-dropping, breathtaking, and completely amazing.This home is sure to exceed even your wildest dreams. While the home is the property’s crown jewel, the grounds create awe. A brick paver circular driveway winds up to the home with split 2-car garages to store all your cars, boats and water toys. Positioned on a .66 home site and surrounded by lush, mature landscaping including palm trees, fenced for privacy with multiple covered patios, balconies and an expansive pool deck all overlooking the sparkling lake. Arriving here will feel like a fairytale, as the grand foyer with floating double spiral staircases welcomes you into the 9,272-square-foot home. Artfully created with every luxury and detail in mind, this home encompasses 6 bedrooms, 7 full bathrooms and 1 half bathrooms. Your fantasy comes to life as this masterpiece captivates you at every turn. A two-story ceiling, fireplace and oversized Palladian windows grace the living room, maximizing natural light and making formal gatherings intimate and cozy. Exceptional living spaces including the formal dining room featuring a butler’s pantry pass through great for private dinners. Architectural beauty is found in every room with elegant finishes, including stone columns, travertine and hardwood floors, hand-crafted ceiling detail, crown molding and custom wall treatments. The open concept kitchen is beautiful and functional and dazzles with granite countertops, decorative trim cabinetry, marble backsplash, Miele and Sub-Zero appliances including double ovens, a gas stove with griddle and pot filler, a separate storage pantry, and an oversized island with 360-degree storage, and a wine vault. The kitchen and adjoining breakfast and family rooms open to an impressive outdoor covered dining and entertaining space, perfect for enjoying a morning cup of coffee while enjoying the beautifully appointed outdoor spaces. The expansive owners' quarters, spread across the entire south wing of the property with direct access to the pool and deck, boasts a full menu of luxury features including a gym, sitting room, oversized boutique-style closets with custom shelving, and a spa-like bathroom with stand-alone tub, separate shower with rainfall shower head and double sinks with makeup vanity in the center. Upstairs entertainment is highlighted by a home theater, spacious game room with a bar that opens onto a covered balcony overlooking breathtaking water views. An office plus many flex rooms wind in and out of the amazing space. Four additional bedrooms including a master suite complete the second floor all with access to a balcony or open deck. Laundry rooms on both levels. Outside, an oversized, covered lanai with a summer kitchen and multi-seating areas complement an open-air pool/spa, creating a relaxing retreat where you can unwind and soak up Florida's sunshine. Designed around the natural outdoor beauty and spectacular setting this property is very special. Minutes to Medical City, schools, shopping, dining, everything is close by that you will need. Make your appointment today! One year basic home warranty provided.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2009
MLS Number
O6029473
Location
Address
10330 WITTENBERG WAY
City
ORLANDO
State
FL
Zip Code
32832
County
ORANGE (ORLANDO)
Listing
Provider
eXp Realty LLC, original listing
Name
eXp Realty LLC
Phone
(888) 883-8509
Office Name
EXP REALTY LLC
Office Phone
(888) 883-8509
Agent Name
Peter Luu

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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.