An Orlando businessman who owns a chain of wellness and pain clinics paid $3.5 million on Monday for an estate home in Windermere's Waterstone community fronting Lake Butler.
Located on a 2.52-acre lot in the 11000 block of Waterstone Loop Drive, the 7,213-square-foot, two-story home built in 2013 features five bedrooms and six baths, a covered boat dock, elevator to the second floor, four-car garage and summer kitchen. A plethora of windows throughout the house give residents and guests lake views from different vantage points.
The buyers were Sean Leotta and wife Kathleen Leotta. Sean owns a number of local businesses, some in partnership with Kathleen, according to records kept by the Florida Division of Corporations.They include Central Florida Medical and Chiropractic Center, which has 11 clinics with locations in Orlando, Daytona Beach, Sanford, Altamonte Springs, Ocala and Tampa.
The Leottas are listed as managers of Leotta Real Estate Group and Leotta Aviation LLC, according to state records. Sean Leotta is also a partner in Florida First Choice Funding, Inc. of Kissimmee, with partner Dr. Mark Nalley, a chiropractor of Kissimmee.
The sellers were Douglas P. Hooker and wife Britta J. Hooker. Douglas is a local real estate developer and builder under Regional Development Group, Inc.
Jeff Peck, sales manager at Waterstone Realty Group and listing agent for the Hookers, said they sold the home because they are building another one elsewhere.
"They had it decorated very nicely," Peck said.
The house sold for more than other homes on Waterstone Loop Drive because of it waterfront location, Peck said.
"They're all going to be that price range going forward as long as they are on Lake Butler," Peck said, noting that lake frontage adds about $1 million to the average selling prices of houses in the neighborhood. An empty lot on the lake there will likely cost $1.5 million, he said.