Mary Shanklin of the Orlando Sentinel had a very interesting article this morning titled "Unsold Mansions Bedevil Builders". The article goes on to talk about home some custom home builders, who built extravagant "spec" mansions back in 2007, are now struggling to get their homes sold. She mentioned one home in Orlando's Baldwin Park that was originally listed for $4 million in 2007 is now currently listed at $2 million.
Her article made me think about the million to multi million dollar homes we have here in South Lake County. I was curious to see how many $1 million to $1 million+ homes we actually have listed in our area, how long they have been listed for (the longest was 1,739 days) and what they look like. Here is what I have found:
Currently, in South Lake County (Clermont, Minneola, Montverde, Groveland, Mascotte), we have 48 homes listed that are $999,000+.
Only 1 home has sold this year for over $999,000:

21 homes with price tags of $999,000+ have sold in South Lake County since 2006.
Of the 48 that are currently listed, here are a few virtual tours for your enjoyment:
9400 Laws Rd. Clermont - Be sure to check out the gym. Better than some luxury hotels!!
16615 Arezo Ct. Montverde - Pool too crowded? No problem, check out the down stairs pool.
12919 Sugar Bluff Rd. Clermont - Budget cuts at school got the football field worn down? Come play on this field!!!
16321 Pendio Dr. Montverde - Check out the pool. Very inviting.
Davis Signature Realty LLC
Certified Short Sale Professional
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved