The president of Mattamy Homes USA recently sold his sprawling lakefront Spanish Mediterranean mansion in an exclusive Dr. Phillips neighborhood for $2.55 million.
Jim Leiferman told GrowthSpotter on Friday he and his wife, Melinda, decided that with both kids in college they no longer needed all the space in the six-bedroom, eight-bathroom house. "We're just simplifying and downsizing," he said.
The Leifermans bought the Ray Coudriet custom home in the Isle of Osprey neighborhood of Bay Hill nearly a decade ago. They paid $3.1 million for the 7,779-square-foot house -- one of only 20 estates in the guard-gated community.
"We were the third owners," Leiferman said. "We have done extensive renovations and updates, and we really made it ours."
He said they added a 600-bottle temperature-controlled cedar wine closet and a fire pit in the back yard. The opulent master bedroom connects to a private den and serenity garden.
The house also features a private boat dock on Lake Blanche, part of the chain of lakes. Leiferman said the family is currently renting a home in Windermere, but that's temporary.
"I'm going to do something I said I'd never do, which is to build my own home," he said. "It's kind of the last thing you want to do at the end of the day after you've been managing all these communities is come home and worry about your own construction project."
The family wants to stay in Bay Hill, so Leiferman said they'll probably look to do a tear down and new build some time in 2017.
"There are so many new styles out there," he said. "I just got back from a trip to California, and there's so much new product. I don't think it'll be traditional, but not necessarily modern either."
Leiferman joined Mattamy Homes in 2013 as director of the Orlando division following a lengthy career with Pulte Homes. He was promoted to president of Mattamy's US group in February 2015.
Based in Canada, Mattamy is the largest privately-held homebuilder in North America.