Keystone Lake Mansion – Lays Cove Place, Odessa, FL 33663 For Sale

  • $1,325,000
  • 5 beds
  • 7 baths
  • 8867 sqft

Rare luxury flip opportunity in the highly sought after neighborhood of Keystone Lakes in beautiful Odessa, FL. This estate is made up of a main house, carriage house, and six-car garage. The main house features a pool, three bedrooms, three bathrooms, and two half-bathrooms. It is just over 7,000 square feet.

The second home is approximately 1,200 square feet. This carriage house is situated above the six car garage and features two bedrooms and two bathrooms. Each bedroom has its own bathroom, an open living room and kitchen area. The garage features three double-car garage doors and can easily fit six vehicles. The property has its own gate at the entrance point and has a privacy wall for added seclusion.

The main home has many unique features including, beautiful exposed steel beams above the entrance, the front door is custom built glass and is over 12 feet high. The foyer has blonde marble flooring with crystal a chandelier and half guest bath. There is black marble bar in the great room with exposed beams and windows throughout. Most of the flooring throughout the main house is a mixture of marble and carpet. The kitchen has a double-oven and custom cabinets, an eat-in area, as well as formal dining room overlooking the great room. There is a huge walk-in pantry that leads into the spacious laundry room. Each bedroom has it’s own bathroom. One of the guest bedrooms has a giant walk-in closet and vanity. Master suite has his and her walk-in closets. Additionally, the master suite has a giant Jacuzzi tub, a steam room that doubles as a shower, and a nice vanity that runs the width of the room. There is a private office off the master suite which has a half bathroom and has direct access to and from the pool. The outdoor pool and Jacuzzi tub are black marble. The pool decking is made up of coral that was shipped in from Florida City. The pool is screened-in and provides access to the dock. This property has great bones and was built to last. Many of the features it has have stood the test of time and are still highly desirable in higher end homes. In order to get the best return on investment, we recommend updating the entire property. The roof needs to be replaced and fountain, Jacuzzi, and pool need to be maintenanced. We’re giving this home an ARV of $2.5M but feel the value can increase with further re-design and renovations.

Price:
$1,325,000
Address:
Lays Cove Place
Odessa, FL 33663
Square Feet:
8867
Bedrooms:
5
Bathrooms:
7
Terms:
For Sale
Property Type:
Home
Year Built:
1974

Call 321-766-9338 for more details

Property Location