About Oviedo's Live Oak Reserve

Live Oak Reserve is a large planned unit development located within the City of Oviedo, approximately 15 mile northeast of Downtown Orlando. The neighborhood has become one of the most sought after communities in Seminole County with "A" rated schools, several parks, bike trails, aquatic center with a 5,000 sq foot club house and sports park located in the center of the community.

There have been 7 homes sold in Live Oak Reserve in the 3rd quarter of 2010. They sold for prices ranging from $295,000 to $400,000 with an average of $334,400 and ranged in size from 2356 square feet to 4163 square feet. They took an average of 27 days before they sold.

There are presently 6 homes that are pending closing in Live Oak Reserve. They range in size from 2068 square feet to 3523 and the asking prices range from $180,000 to $370,000. They were on the market for 40 days before they went into contract. Remember the days to close will go up since they have not closed yet and we don’t know the actual closing prices until they close.

There are a total of 15 homes on the market. They range in size from 2256 square feet to 3938 square feet with asking prices ranging from $259,900 to $561,000. Considering the amount of homes sold in Live Oak Reserve in the 3rd quarter of 2010, the absorbsion rate, (the amount of time it will take to sell all of the homes in a specific area assuming that no other houses are listed in that area) will be 7 months. This is a bit lower than the average of the rest of the Orlando real estate market.

Currently Meritage Homes is building lake front homes starting in the low $500’s in Live Oak Reserve. We are a preferred agent for the builder which gets you a 3 year extension on the warranty and a $1,000 bonus toward closing costs if we refer you to them for a home purchase.

If any additional information is required click onto http://www.YourOrlandoHomeFinder.com or Live Oak Reserve, Oviedo – John Sparrell, Realtor, e-Pro or call 407-488-0098 and I will be happy to assist you.

The sprawling subdivision of Live Oak Reserve was developed by Engle Homes. During Engle’s very last phase, the builder declared bankruptcy. The rest of the lots are being developed by Meritage Homes, which is also selling out the lakefront properties left behind by Engle.

Properties offer large square footage, nice lots (many ¼ - ½ acre with conservation and pond views), and complete community amenities, including tennis, parks, and an aquatic/recreation center.

Driveway pavers, lush landscaping, preserved greenbelt areas, and innovative architecture make Live Oak Reserve popular with many homebuyers.

Take advantage of the nearby Greeneway (417) Tollway, University of Central Florida, and Oviedo Marketplace.

Once farmland given over to celery and citrus crops, the City of Oviedo, and its more rural next-door neighbor of Chuluota, are located northeast of Orlando in Seminole County, is now an interconnecting bedroom community of newer housing where residents enjoy a wealth of recreational pastimes including nature walks, bird watching, butterfly spotting, hiking, fishing, biking, airboat rides, and horseback riding.

Some of the most popular subdivisions of Live Oak Reserve and The Sanctuary draws buyers to the eastern side of Oviedo.

Available activities are an 18-hole golf course, 3 aquatic facilities, an outdoor skate park, and concerts and football games at the nearby UCF Arena. Add one of the best school systems in Central Florida, easy access to 2 international airports, quick drives to the beaches and theme parks, and Oviedo, as well as Chuluota, make for the coolest hot spot to live, work, and play.

The sprawling subdivision of Live Oak Reserve was developed by Engle Homes.

Properties offer large square footage, nice lots (many ¼ - ½ acre with conservation and pond views), and complete community amenities, including tennis, parks, and an aquatic/recreation center.

Driveway pavers, lush landscaping, preserved greenbelt areas, and innovative architecture make Live Oak Reserve popular with many homebuyers.

Take advantage of the nearby Greeneway (417) Tollway, University of Central Florida, and Oviedo Marketplace.

Grand old trees were preserved to give this house a unique presence on the block.

Dramatic portico and double-door entryway is truly welcoming.

Bay windows, side 3-car garage, and upstairs loft.

Decorative stone facade, upstairs bedrooms and loft, and 3-car garage.

Second storey above the garage and double-arched portico makes this home another contemporary masterpiece.

Two-storey 4000-plus square foot home and plenty of room to spread out. Add professional landscape design, dramatic street presence, and conservation in back, and this house is a winner!

No wonder so many people want to call Live Oak Reserve in Oviedo FL home!

The sprawling subdivision of Live Oak Reserve was developed by Engle Homes. Properties offer large square footage, nice lots (many ¼ - ½ acre with conservation and pond views), and complete community amenities, including tennis, parks, and an aquatic/recreation center. Driveway pavers, lush landscaping, preserved greenbelt areas, and innovative architecture make Live Oak Reserve popular with many homebuyers. Some residents have bought more than once, moving up from the earlier models built during the initial phase to larger homes built in the latter phases. Easy access to the Greeneway (417) Tollway, UCF, and Oviedo Marketplace.

Properties have been listed and sold by various MLS members. Data drawn from the My Florida Regional Multiple Listing Service. This report is valuable for estimating current market values in the designated community or subdivision.