The CEO of an Orlando-based concrete products manufacturer paid $1.38 million this week for the Keene's Pointe home of a local real estate broker.
Matthew Ledlow, chief executive at Lambert Corporation of Florida, and his wife Tera purchased the 5,511-square-foot home on Lake Burden View Drive on Tuesday, according to a deed recorded in Orange County. The couple took out a mortgage the same day for $1.24 million from Seacoast National Bank.
The sellers were Alain and Diane M. Wichner, who had the house built to their specifications in 2005/06. Alain Wichner is a residential broker with Independence Realty and Investments, LLC, with a sales area that includes Orlando, Hunters Creek, Lake Butler, Bay Hill, Alafaya and Dr. Phillips.
"If you're a real estate agent you want to sell your home," Wichner told GrowthSpotter. "You don't have to pay a listing agent."
The five-bed, five-bath home sits on a 0.37-acre lot and backs up to a pond. The home has two movie theaters, one in the master bedroom and the second upstairs.
The master bedroom comes with an oversized women's closet, Finnish sauna, steam shower and bidet. The interior features Mediterranean-style stonework and floors made of Brazilian cherry wood and 24-inch Travertine tiles.
Simon Simaan, Realtor with Keller Williams who represented the buyers, said the couple loved the home's location and its spaciousness, along with the interior finishes, home theaters and the pond in the back yard.
"It's a great neighborhood," Simaan said. "It met their family's needs."
Wichner said the Ledlows had looked at a number of homes and "this was the only one him and his wife agreed upon."
"They really loved the stone work, the wood floors, the move theater, the sauna and steam shower and the oversized bedrooms and walk-in closets," Wichner said.
Lambert Corporation manufactures concrete construction support products including bonding agents and epoxies; grout; water repellants and water proofing; curing and sealing compounds; masonry cleaning and restoration products.