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Notable Home Sales

Reunion vacation home sells for $3.9M after one day on the market

This 12-bedroom vacation home on Reunion's Traverse Way went under contract the first day it was on the market.

A vacation home built for fun gatherings just changed hands in Reunion.

“It’s a big entertainment house and great destination that is super private,” said TJ Cosgrove with Reunion Realty, who represented both the buyer and seller in the $3.9 million deal that closed April 4. “The new buyer has already thrown a massive party there and sent me a bunch of pictures, which is really cool.”

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Built in 2014 by Triton Builders, the home on Grand Traverse Parkway is 11,687 square feet and sits on a double lot totaling just more than half an acre.

“The previous owner bought the lots, went through the planning and built this house that would be a very optimized rental home, but they used it a tremendous amount,” Cosgrove explained. “That’s what Reunion is all about. It’s a family place. They’re able to fill all these bedrooms up with the whole family and it’s always that reunion event where everyone can get together.”

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The house was designed to accommodate large groups and has ample space for family gatherings.

The home has 12 bedrooms, nine of which are main suites, divided between two floors, as well as a bunk room for kids.

“The way they built this house is they had an identical master built downstairs and upstairs because there were two partners to the property at the time and they just wanted to make sure that was equitable. They did a fantastic job,” he said.

According to public records, both the buyer and seller are LLCs and Cosgrove told GrowthSpotter the new owner plans to use the home personally as well as being a short-term rental, which Reunion allows.

“They are very familiar with Reunion and are prior owners. We sold that property so they could upgrade into this.”

It wasn’t on the market long.

Guests can entertain themselves in the game room, billiards lounge or in this movie room.

“The first day we listed it, we got it under contract,” he said. “We get so much interest in homes like these because it’s difficult to find these kinds of properties.”

The list price was $3.999 million and the sale price was just below that.

While there are many indoor features, the house has plenty of outdoor space to enjoy the Florida sunshine with an oversized pool, large hot tub, and outdoor kitchen.

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“When you have a 12 bedroom home, you could have 30 or 40 people at the house and it’s comfortable in the outside space downstairs and upstairs because there is a huge wraparound balcony on the upstairs. You’re not limited on sun exposure at all.”

Even though the new owners jumped right into enjoying their new property, they are making some plans for updates.

“They’re going to change a little bit of the style inside and things like that, but they loved the bones of the house with its big bedrooms, a movie theater, game room, and that kind of stuff,” Cosgrove said. “They’ve already added some entertainment features to the home like a bar area outside and a 140-inch screen out back.”

Have a tip about Central Florida development? Contact me at Newsroom@GrowthSpotter.com or (407) 420-6261. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.


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