A mid-century modern home in need of an update has survived the wrecking ball.
The home on Azalea Lane in Maitland sits on the shores of Lake Maitland on the Winter Park Chain of Lakes. The seller raised a family there and now another family will do the same.
“A young family has purchased it and plans to put a whole lot of money into it to make it even better,” said Shelley Heistand with Coldwell Banker- Winter Park, who represented the seller. “[The home has] lots of charm but it really needs someone who really understands mid-century modern to add on a little bit to it.”
Heistand explained it needs a lot of work, redoing the kitchen and possibly adding a bathroom. “They have architects and builders that are working through this with them.”
The house was built in 1955 and has four bedrooms and three bathrooms and is 3,845 square feet. It sits on a a .8-acre lakefront lot and recently sold for $1.4 million after being listed in July for $1.775 million. The buyer is a musician involved in the national metalcore and pop punk music scene who plans to live in the home full-time.
When the seller initially put the home on the market, she expected someone to buy it for the land and tear the home down, Heistand told GrowthSpotter. Newer homes on the same block have sold for up to $2.9 million.
Read about the buyer's motivation despite a fairly recent purchase for a home that went under contract almost instantly.
By Tiffani Sherman
Oct 11, 2018 at 5:22 PM
“It’s a character home which is not going to be torn down as it seems these days people tear everything down and character goes away,” Heistand said. “I was thrilled that it's somebody who really is going to keep it and love it. That that made the seller happy. She was there for a long time and really loved the idea of someone not taking the house down.”
The lakefront location provides easy access to a boat dock with a lift, a pool, and another unique feature – a sandy beach. “It’s not something you see in every home, Heistand said. “This owner definitely likes to keep her landscape very private and closed off. Someone will really do a nice job with this beach by raking it out.”
The buyers already lived nearby and were attracted to their new home’s location near all of the amenities of Winter Park.
“It’s a unique home on the lake in an area they wanted to stay in.” Heistand explained.