A veteran office and industrial broker atAvison Young in Orlando paid $848,000 on Saturday to move back near his family's roots in College Park, with a Rex-Tibbs custom home overlooking Lake Adair.
Located on N. Lake Adair Boulevard in the Lake Adair Place subdivision, the 0.25-acre lot features a 3,082-square-foot home with four bedrooms and five full bathrooms, a breakfast bar in the kitchen, full wet bar with wine fridges in the dining room, and a gunite/concrete swimming pool with summer kitchen on the pool deck.
The buyers were C. Lawson Dann and Tracy A. Dann. Lawson is a senior vice president for Capital Markets with Avison Young, and grew up in College Park where his great-grandfather H. Carl Dann developed Dubsdread Golf Course in 1924. Grandfather Carl Dann, Jr., was a successful amateur golfer and owner of Dubsdread, and was named to the Florida State Golf Association's Hall of Fame in 2005.
"I'm very excited about going back to College Park. We've been gone 16 years, living in Lancaster Park in SoDo Orlando," Lawson told GrowthSpotter on Monday. "We were preparing to build an addition onto that house when this one came on the market that same morning. I saw this opportunity to get back to College Park, and it was almost 900 square feet more than what we had (in the previous home)."
The Danns were the first to see the home on its opening weekend, brought it under contract within a week and the property sold after just 68 days on the market, said Thomas Hewitt of Hewitt Residential,listing agent for the property.
The sellers were Grady M. Cooksey, Jr., and Judy R. Cooksey, who previously paid $776,000 in February 2016.
Grady Jr. is a local insurance consultant with Sihle Insurance Group, and son of the late Grady Cooksey, Sr., who during his 85 years formed a regional construction company, horse-racing business and Commercial State Bank of Orange County.
The Cookseys opted to sell after just a year in order to move closer to their daughter in Winter Park, Hewitt said.