The principal of one of Greater Orlando's financial services companies paid $1.5 million in early June for a fully furnished custom home in the Keene's Pointe neighborhood of Windermere.
The seller, president of a Massachusetts-based shipping company, bought the home in November 2008 during the peak of the housing bubble for the same price he sold it, drawing no profit on the sale 10 years later.
The Tuscan-style house on Keene's Pointe Drive was built in 2007. It boasts 5,233 square feet and sits on a 0.61-acre lot near the edge of the Tibet-Butler Preserve.
The home features four bedrooms, four full baths and one half bath. Interior design details such as travertine floors, arched doorways, and wood-beamed trey ceilings add European luxury to the décor. A summer kitchen complements the custom pool and spa with views of the nature preserve.
The buyers were Cory A. Weiser and wife Julie Beth Weiser. Cory is the owner of Weiser Financial, established in 2009 as a full-service financial firm specializing in wealth management strategies and wealth protection for small businesses and individuals.
"We started looking in Windermere because of the school system and narrowed it down to Keene's Pointe," Cory Weiser told GrowthSpotter. "Then we looked around at what was available and we liked this property. The floor plan is one level, and it was one of the model homes so it had details and upgrades.
"It's secluded and ... pushing two-thirds of an acre, and a lot of the homes in the vicinity are on smaller lots. This house is in the newest section," he added.
The Weisers were represented by the Waypoint Real Estate Group.
The sellers were Jan A. Chrzan and wife Joanna Crochowska Chrzan. Jan is the president of Massachusetts-based Polenez Parcel Service, a shipping company specializing in commercial and personal shipments from the United States to Poland and other European countries.
Jay Martin of Keene's Pointe Realty, who represented the Chrzans, said "The seller actually has a few homes, four or five, and another one of them is in Keene's Pointe. He decided he just needed one home."
Although Chrzan sold the house for the same price he bought it, Martin pointed out that "It was a different market 10 years ago. He sold it for the value in today's market."