Mediterranean estate on Celebration's Eastlawn Drive sells for $1.7M

A nearly 6,000-square-foot custom-built Mediterranean estate home on the most coveted stretch of Eastlawn Drive in Celebration sold last week for $1.7 million.

"It's a great sale for the estate market in Celebration. It's the highest price-per-square-foot for all of 2018," said Keith Renner, broker for Nectar Real Estate, who sold the house after more than a year on the market.

Eastlawn is home to some of Celebration's most expensive real estate, and is within walking distance to the town center. This block is sandwiched between two ponds, so each home has a sense of privacy rarely found in the neo-traditional neighborhood.

The five-bedroom, six-bath house was completed in 2003 by Derrick Builders and features front and back water views with a quaint courtyard with fountain and an infinity-edge pool.

"The home has not had a major renovation since it was built," Renner said. "It's very-well maintained, and it has a wonderful floorplan that was very forward-thinking at the time. The master suite occupies the entire left side of the house."

The large rooms, high ceilings and neutral palette make it comparable to new construction, and the house has elegant designer touches to emphasize the architecture and maximize the views.

"Arches are a prevalent theme of the home, which is indicative of the Mediterranean style," Renner said. "In the living room, you have these four arches in the ceiling that all kind of meet in the middle and create a really nice space."

There's also a bonus room over the three-car garage with a full bath and kitchenette, which could be converted into a guest suite or theater room.

Although the house sat on the market for well over a year, the sale actually closed in two weeks. The buyer was Real Estate Brokers LLC, an affiliate of Ricardo Pannefleck, owner of vitamin and supplement company Mundo Natural. He was represented by Waypoint Real Estate Group.

The sellers, Irene and Bernard Eizen, are Philadelphia natives who divested of the Celebration property after purchasing a home in Disney's exclusive Golden Oak community. Irene Eizen is a nationally recognized math instructor and professor at Temple University, and Bernard "Bud" Eizen is a tax attorney and certified estate planner. 

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