Mark S. Martin of Adventist Health has sold his Winter Park mansion in the surrounding area of Lake Sylvan to one of the newest executives at a Central Florida theme-park company.
The five-bedroom Mediterranean-style home with pool, cabana, large porches upstairs and down, and four-car garage sold for $1.8 million.
"They're moving right now – if it's priced right and shows well they sell," Consalvo said of high-priced homes. "... I think the buyer saw that it was a good deal."
New owner Walter Bogumil, a graduate of University of Central Florida with an MBA from Rollins, became Chief Strategy Officer at SeaWorld Entertainment in April. He returns to the Orlando area after serving as Affinity Gaming's Interim Chief Executive Officer in Las Vegas. A family member represented Bogumil, Consalvo said.
Martin, vice president of mergers, acquisitions and network development for Adventist, had paid $1.1 million in 2010 for the home, which was built in 2008. The detailed handiwork of Winter Park Design, Consalvo said, helped the mansion stand out.
"The Martins bought the house during the recession and got a good deal, and the new buyer got a good deal at $1.8 million," Consalvo said. "If you had to rebuild this house on a comparable lot, I'd say you'd pay $2.3 or $2.4 million," mentioning a circular drive with pavers, teak doors, an outdoor fireplace as some of the home's amenities that would be costly to build in.
Contemporary homes with a look of whites and grays are selling for more money, he said.
Martin has moved on to a lakefront house, Consalvo said, but most high-end sales are motivated by other reasoning right now.
"For the most part people just go up or down in house size and already know Winter Park," Consalvo said. "Or if they're moving, as I have a client right now moving from Lake Mary who wants to be in Winter Park, they want to be able to walk places.
"We also have Heathrow or Windermere people who are tired of I-4 to get to work, or if their kids go to Lake Highland Prep they want to be closer."