The founding partner of Bogin, Munns & Munns sold his St. Cloud estate on the Alligator Chain of Lakes for $4.25 million last week, making it one of the most valuable estate sales in Osceola County history, second only to a $6.3 million sale four years ago in Celebration.
Rainier and April Munns purchased the 22-acre site on Lake Lizzie in 2001 for just under $600,000. In 2007, they completed their 8,900-square-foot Spanish Mediterranean home.
The grand estate has five bedrooms and five baths, a gourmet kitchen, large game room, a resort-style pool with its own splash pad and a boat house on Lake Lizzie.
"It's gorgeous," said listing agent Daniel Natoli of Premier Sotheby's International Realty. "It's almost like a Mexican castle. It has a lot of really nice woodwork and stonework."
Natoli said the setting and size of the estate made the listing unique for the Orlando market. "That lake is really clean and pristine," he said. "And the other side of the lake is a nature preserve, so it's never going to be developed."
Natoli shared the listing with associate Carolyn Burgiel. The house was originally priced at $2.95 million, but that listing only included the 5-acre homesite.
The buyer, whose name is redacted because he is a former U.S. Attorney, bought the full 22 acres, including a 2,200-square-foot guest house and grazing area for the Munns' collection of cattle, ostriches and zebras.