One of the most peaceful, sought-after areas of Old Winter Park is located off Palmer Ave in Lk Knowles Terrace, just steps to Lake Wilbar. This unique, charming one story home has four bedrooms, three baths (two ensuites), and a 23’ x 18’ lanai that steps down into a screened-in tropical landscape complete with a goldfish pond and water running through the rocks.
Originally built in 1951 and remodeled in 1998 and 2001, this U-shaped home has a total area of 3424 sf, 2635 sf heated. Features include mansard & cathedral ceilings, bullnose cornered walls, many skylights, French doors, outside grill/sink and a cypress trellis over the wooden deck.
Upon entering the home through the living room, your view goes out the French doors to the lanai and terrace, designed by a local award-winning artist/ designer. This outdoor room becomes a wonderful gathering area and ties the house together with French doors opening from the family room, living room and primary bedroom. Skylights create a cozy ambiance of sunlight and moonlight.
In the kitchen – “The West Wing” (laundry room is behind), are white Corian counters and walls covered in natural grass cloth. A sloped ceiling with skylight shows off the trees above. The refrigerator and range were replaced in 2022. A built-in bookcase and window seat in the family room create the dining space; large windows bring the outside tropical jungle into the family room and kitchen.
“The East Wing” are the private areas. The guest bedroom has a large window with plantation shutters and an ensuite bath. A secondary bedroom shares a full bath across the hall, and the third bedroom (office, dressing area, workout room or nursery) opens to the primary bedroom through pocket doors. The spacious primary suite opens out to the terrace through French doors. Natural light is abundant with skylights in the bedroom, ensuite bath and walk-in closet.
This location is prime! You are walking distance to Lk Wilbar, Lk Knowles, Lk. Maitland, Phelps Park, the Winter Park YMCA, and Lakemont Elementary. Within a 1. 5-mile radius to the East, you have Interlachen Country Club, Advent Health, the Crosby Wellness Center, Walgreens, and Publix. To the West, Winter Park Racquet Club, Park Avenue, Winter Park Village, and the Winter Park Library.
The roof and skylights were replaced in 2022; new water heater installed in 2024.
This home has fabulous possibilities! It sits in a beautiful neighborhood with sidewalks and tree lined brick roads, in a charming town with plans to stay this way! As the owner and Realtor, I am here for you. Come see what could be Your next home!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,036,000 | $1,036,000 | $1,036,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.261% | 6.748% | 6.847% |
Monthly Tax Payment | $343 | $343 | $343 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,893 | $6,634 | $9,096 |
Total Monthly Payment | $7,361 | $7,102 | $9,564 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.