The president and CEO of local developer Avalon Park Group paid $750,000 on Friday for a nearly 10-acre estate in northern Orange County, where he plans to house horses to enjoy on the weekend with family.
Located in the 10000 block of McCulloch Road, the 9.7-acre property includes a 38-year-old estate home with 6,549 square feet of conditioned area. The large property is fenced with a pool, horse barn with five stalls, and a tennis court.
The custom home includes an elevator, expansive Florida room, indoor jacuzzi, and storage space for a motor home, boat or other vehicles.
The buyers were Beat Kahli and wife Jill Kahli. Beat told GrowthSpotter on Monday the couple live in Winter Park with their four children, but wanted a larger property to enjoy on the weekend with space to enjoy horses.
The Kahlis own a 7,568-square-foot home on Genius Drive in Winter Park that will remain their primary home, for which they paid $3.575 million in 2006.
The seller of the 9.7-acre property was Ann S. Tuttle, who paid $38,000 in 1977 for it with husband L. Mills Tuttle.
The property was listed by RE/Max Town & Country Realty.