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The CEO and president of the custom label manufacturing company Consolidated Label Co. can officially remove the "for sale" sign in front the his sprawling 3.36-acre estate in Winter Park.

Joel Carmany just dropped $7.25 million to acquire a fully furnished 10,613-square-foot lakefront manse at 866 Via Lugano, marking the highest price paid for a home in Winter Park this year.

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The deal now joins the ranks of most expensive homes to sell in the ritzy city, falling behind the top $11 million sale of 656 North Interlachen Avenue in 2017.

Insight on the unique history of the home, what motivated the seller, and what local broker coordinated the sale.

Mick Night and John Pinel of Premier Sotheby's International Realty's Winter Park office had the listing. Kristen Wenderfer of Regal Real Estate Professionals brought the buyer.

The home was sold by financier and private equity exec Jeff Leu, whose current positions include president and CIO of McGinty Road Partners and a partner at Allegiance Financial Group, Inc., according to his LinkedIn page.

Leu and Davina K. Burns paid $2.85 million for the property in 2013. A little less than a year later, the couple began the construction of their luxury custom home.

Rial Jones of Jones Clayton Construction was the assigned builder. Jones is also behind the recent $5.7 million sale of the "Once Upon a Dream" home in the exclusive Four Seasons Private Residences.

The most recent home to sell is of the same caliber — minus the hidden Mickey's that most of the homes in Disney's Golden Oak neighborhood share.

The six-bedroom, nine-and-a-half-bath residence boasts interiors designed by the acclaimed Marc-Michaels Interior Design firm. Features include a top-of-the-line kitchen with a double oven and butler's pantry, multiple fireplaces and a private home theater and gym.

This luxurious vacation home in Disney's Golden Oak has all the bells and whistles -- including hidden Mickeys -- and we interviewed the builder.

Outdoors, the home features a summer kitchen, fire pit, multiple lanais, private sand beach and a resort-style infinity-edge pool and spa.

One notable feature not many people recognize is the home's high topography, Pinel said.

"It has a very high terrace, so its backyard has multi levels down to the water," Pinel said. "There's only about 8 to 10 homes along the water that sit up high like that."

The Mediterranean estate hit the market in mid-January asking $7.895 million. Pinel said the seller invested about $10 million into building and designing the home.

"Sophisticated buyers, when they see value they'll buy," Pinel said.

Both agents declined to comment on the identity of the parties involved.

Carmany joins a list of business executives that have also called the Via neighborhood their home, including founder of multifamily development firm Douglas Partners, Douglas A. Hoeksema, and local Chevrolet dealership matriarch Juliette "Judi" Holler. Jack Starling, executive manager of Starling Automotive Group, and his wife, Meghan Starling, paid $3.6 million last December for a house with 180 feet of frontage on Lake Maitland.

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Have a tip about Central Florida development? Contact me at arabines@GrowthSpotter.com or (407) 420-5427, or tweet me at @amanda_rabines. Follow GrowthSpotter on FacebookTwitter and LinkedIn.

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