Price Reduced 17.39%

$475,000 ($145.30 per sqft)

Pending

Est. Mortgage $2,433/mo *

Quick Pre-Approval

Price History

$575,000
1/30/2024

$574,900
2/24/2024

$570,000
2/29/2024

$560,000
3/12/2024

$555,000
3/29/2024

$545,000
4/11/2024

$535,000
5/9/2024

$525,000
5/22/2024

$520,000
6/4/2024

$515,000
6/24/2024

$500,000
7/28/2024

$475,000
11/5/2024


722 Lake Martha DRIVE NE, Winter Haven, FL, 33881

722 Lake Martha DRIVE NE, Winter Haven, FL, 33881

9 rooms

4 beds

3 Full baths

1951

Ranch

3,269 sqft

Under contract-accepting backup offers. Absolutely stunning and completely remodeled, this 4-bedroom, 3-bathroom lakefront property with a Mother-In-Law Suite in Winter Haven, FL, is the epitome of luxury living. Set on a sprawling .69-acre double lot with awe-inspiring views of the lake, this home seamlessly combines elegance with functionality, offering a lifestyle of unparalleled sophistication. Home is nestled in a corner double lot with a beautiful lake view that will never change because the home includes the additional lot across the street that goes into Lake Martha. Upon entering, you're welcomed by a sense of sophistication, with new flooring that graces the entire home. Meticulously updated with fresh paint, the interior exudes a welcoming and contemporary atmosphere, flooded with natural light that accentuates the bright and airy ambiance. This home has been completely renovated from top to bottom and features a new roof, new A/C system, new kitchen, new EVERYTHING! The heart of this home lies in its state-of-the-art kitchen, featuring brand-new stainless steel top of the line LG appliances, beautiful quartz countertops and new modern 42" cabinets with plenty of counter space and convenient center island with a quartz waterfall. Whether you're an aspiring chef or a seasoned culinary enthusiast, this kitchen is designed to inspire. The adjacent dining area opens up to panoramic lake views, providing a stunning backdrop for your meals. The spacious sized bedrooms are two or three times the size of new home bedrooms and boast ample closet space, and the bathrooms have undergone complete renovations, showcasing modern fixtures and finishes. The master suite serves as a private oasis, offering tranquility and breathtaking views of the lake. Beyond being a dream home, this property presents an exceptional investment opportunity. The 1-bedroom, 1-bathroom mother-in-law suite, complete with 868 sqft and its own driveway, is a potential income-generating gem, with estimated monthly earnings of around $1500-$1750 a month for a long-term tenant or AIRBNB the Mother-in-Law Suite for a potential revenue of $2000-$4000 a month as a short-term rental. Fully equipped and beautifully designed, the suite is sure to attract tenants seeking both comfort and style. The exterior has been revitalized with a new roof, fresh paint, new outside tile, new windows, new shutters, a big palm tree and lush green grass, creating impressive curb appeal. The expansive front yard extends across the street to the lake, offering a serene retreat for outdoor activities or simple relaxation. Imagine enjoying breathtaking sunsets or hosting unforgettable gatherings with friends and family in this picturesque setting. Build a dock and bring your boat or jet-skis and enjoy the lakefront living amenities and fun activities. Build a deck in your lot across the street and enjoy your private fishing oasis or the beautiful sunsets of Lake Martha. The possibilities are endless with this amazing renovated lakefront home with the income generating potential of the Mother-in-Law suite and the extra lot included with this home. Conveniently situated near restaurants, shopping centers and renowned recreational parks such as Legoland, Peppa Pig Park, Universal Studios, Disney World, Sea World and Animal Kingdom, this property strikes the perfect balance between tranquility and accessibility. Seize the opportunity to make this beautiful lakefront property your new home or investment venture.


Status:

Pending

Type:

Single-family residential

Furnished Remarks:

Unfurnished

Laundry Remarks:

Common Area, Electric Dryer Hookup, Inside, Laundry Room

Subdivision:

MARTHA HEIGHTS

Garage:

2-car Converted Garage, Driveway, Garage Door Opener, Garage Faces Side, Oversized, Parking Pad

Heating:

Central

Cooling:

Central Air

Levels:

1

Lot Size:

100 x 256

Acreage:

0.69

Est. Taxes:

$4,286

Construction

Block

Utilities

BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected

Lot Description:

Corner Lot, Oversized Lot, Sidewalk

View Description:

Trees/Woods, Water

Elementary School:

Fred G. Garnier Elem

Middle School:

Denison Middle

High School:

Winter Haven Senior

Days on Market:

306

Pet Policy:

Yes

Appliances:

Cooktop, Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator

Min Lease Term:

No Minimum

MLS #:

T3500768


Community Info

School Info

Walk Score

Yelp



Listing courtesy of REAL BROKER, LLC Phone: 407-279-0038