When he sold his sprawling lakefront mansion in the exclusive Isle of Osprey neighborhood last year, Mattamy Homes USA President Jim Leiferman was planning to do the unthinkable.
"I'm going to do something I said I'd never do, which is to build my own home," he said at the time. "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."
Leiferman and his wife, Melinda, were committed to downsizing, but they wanted to stay in the Bay Hill community. That meant they were looking for a tear-down rebuild opportunity.
Thankfully, the Leifermans found a house on the golf course in perfect, move-in condition. They closed Jan. 27 on a five-bedroom, 4.5-bath estate on Masters Boulevard overlooking the 8th hole of the Arnold Palmer championship course.
"We're back in Bay Hill, which is what we wanted, so that's good," he told GrowthSpotter on Friday. "I had no interest in building a house. We found one that had the right combination of location on the course, that was well-maintained, traditional and the right size."
The Leifermans paid $1.15 million to former PGA Pro and current Golf Channel commentator Robert Damron and his wife, Molly.
The traditional home features a chef's kitchen with walk-in pantry and custom cabinets, a pool, media room and game room. It also has a three-car garage and separate golf cart garage with direct access to the course.
Leiferman said he and Melinda felt right at home, probably because the house was former residence of custom homebuilder Ray Coudriet, who had built the Isle of Osprey house they lived in for a decade.
"There's no remodeling to do," Leiferman said. "It's a Ray Coudriet remodel, so it's all our style and taste. Ray does great work."
Like Leiferman, the Damrons also wanted to stay in Bay Hill. They bought a house with canal access on Bay Side Drive in late November for $815,000. Leiferman said he knew Damron from the club, but didn't know the house was for sale until his Realtor brought it to his attention.
"They're moving over to the lake, and we're moving onto the course," Leiferman said.
Steve Healey with Premier Realty Partners represented the buyer and seller.