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3428 Chaine Du Lac Boulevard
Windermere, FL 34786
Julie Bettosini, PA with STOCKWORTH REALTY GROUP, original listing - (407) 909-5900
$4,500,000
Conventional
Property
Bedroom
5
Bathroom
Full: 5, ½: 2
Property Type
Conventional
Square ft
6196 Square Feet
Property Description
Nestled on an impressive 1.09 acres in the exclusive gated community of Chaine du Lac, this custom estate in the heart of Windermere is designed with professional interior touches by Design Studio 15, creating a remarkable blend of sophistication and modern comfort. The captivating British West Indies design seamlessly merges contemporary flair with European charm. Crafted by Element Home Builders, this 2018-built sprawling single-story residence is a fresh and inspiring retreat with no right-side neighbor for added privacy and space. As you step through the grand 10-foot solid wooden double doors, the foyer sets the tone for seamless transitions, leading to an open layout that beautifully connects multiple living spaces. The emphasis on symmetry and elegant designer finishes creates captivating visual appeal for today’s buyer. The floor plan promotes modern easy living, balancing communal areas for gatherings with intimate spaces for personal reflection. Just off the foyer lies the formal dining room, featuring a walk-in wine cellar that serves as a modern accent wall, creating an intimate setting for meals with family or friends. Beyond the foyer, you’ll discover the main family room area, complete with a built-in entertainment system featuring Crestron home audio, providing an immersive experience for gatherings. Natural light floods the family area, showcasing dark hardwood flooring and an impressive glass wall that opens to a spacious covered lanai with retractable screens and resort worthy pool and back yard. Perfectly situated adjacent to the family room, you will enjoy a library/office accessible by dual hallways. The gourmet kitchen is a chef’s dream, equipped with high-end stainless-steel appliances, sleek quartz countertops, a generous center island, walk-in pantry, and custom cabinetry that harmonizes both form and function. Adjacent to the main living area, the theater/game room is perfect for entertaining with motorized shades and a wall of accordion folding glass doors leading to the outdoor living area. With a focus on Florida's indoor/outdoor lifestyle, the expansive covered outdoor living area with retractable screens includes a summer kitchen outfitted with a grill, fridge, and gas fireplace, all overlooking the stunning contemporary pool and cascading spa. Accessible via its own private entrance, the one-bedroom, one-bath detached in-law suite next to the summer kitchen welcomes guests with a cozy living room and kitchenette, providing a comfortable and independent retreat. This estate features five spacious bedrooms, each adorned with rich wood flooring and walk-in custom closets, complimented by en-suite bathrooms that include walk-in showers for modern convenience. The primary suite complete with motorized shades offers a serene escape, featuring a gorgeous tray ceiling and a luxurious bath with dual quartz vanities, a vessel tub, and a spacious walk-in shower overlooking a private exterior shower and courtyard. As you make your way to the primary closet, you’ll find a charming quartz countertop coffee and wet bar, perfect for savoring your favorite brew. The primary closet exemplifies elegance, showcasing a quartz counter island for added convenience and ample storage. With so much more to discover beyond the meandering driveway and four car garage, this estate truly stands out in both design and functionality and won’t last long!
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2018
MLS Number
--
Location
Address
3428 CHAINE DU LAC BOULEVARD
City
WINDERMERE
State
FL
Zip Code
34786
County
ORANGE (SOUTHWEST)
Listing
Name
Phone
(407) 909-5900
Office Name
Office Phone
(407) 909-5900
Agent Name
Julie Bettosini, PA
Agency Phone
(407) 909-5900

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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.