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Off market
  • $1,691,000

    1566 Lake Rhea Dr, Windermere, FL 34786

    5beds
    4,994sqft
    SingleFamily
    Built in 2005
    0.39 Acres Lot
    $1,691,000 Zestimate®
    $339/sqft
    $7,005 Estimated rent

    Home value

    $1,691,000

    $1.56M - $1.84M

    $7,005/mo

    Zestimate® history
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    $12,430/mo

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    $12,430/mo

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    What's special

    This elegant custom home is perfectly sited directly on Lake Rhea in guard gated Reserve at Belmere. The ample pavered motor court with circular drive showcases the dramatic fountain. The two story entry features stone flooring, dramatic wrought iron staircase, and expansive double front doors. The formal areas are elegantly appointed with wood flooring and interesting ceiling details. Just off the entry the office/study is a perfect retreat complete with his and hers work stations. Entertain family and friends in the casual family areas opening naturally to the gourmet kitchen taking in natural light through the oversized glass doors. The kitchen is a chefs delight with working island, stainless appliances, exotic granite countertops, and custom cabinetry. The outdoor resort style setting includes an expansive covered lanai, a sparkling pool with a lush lawn and stunning lakefront vistas as a backdrop. The owners suite is totally private with wood floors and direct access to the outdoors. Upstairs enjoy game night in the loft with balcony overlooking the pool and lake. All secondary bedrooms are large.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced air
    Cooling
    • Central
    Features
    • Ceiling Fans(s), High Ceiling(s), Master Bedroom Downstairs, Crown Molding, Walk-In Closet(s), Window Treatments, Open Floorplan, Solid Wood Cabinets, Eating Space In Kitchen, Kitchen/Family Room Combo, Built in Features, Stone Counters
    • Fireplace features: Family Room
    Interior area
    • Total interior livable area: 4,994 sqft

    Property

    Parking
    • Parking features: Garage
    Features
    • Pool features: Screen Enclosure, In Ground, Gunite
    • Waterfront features: Lake
    • Body of water: LAKE RHEA
    Lot
    • Size: 0.39 Acres
    Details
    • Parcel number: 282231735302110
    • Zoning: P-D

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • masonry
    Condition
    • Year built: 2005

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Gas, Street Lights, Underground Utilities, Sprinkler Meter, Sewer Connected, Natural Gas Connected

    Community & HOA

    Community
    • Security: Gated Community, Security System Owned, Smoke Detector(s), Fire Alarm
    HOA
    • Has HOA: Yes
    • Amenities included: Playground, Recreation Facilities, Tennis Court(s), Fitness Center, Security, Park
    • HOA fee: $167 monthly
    Location
    • Region: Windermere

    Financial & listing details

    • Price per square foot: $339/sqft
    • Tax assessed value: $1,321,823
    • Annual tax amount: $20,972

    Price history

    DateEventPrice
    4/28/2022Sold$1,400,000+3.7%$280/sqft
    Source: Public Record Report a problem
    3/10/2022Pending sale$1,350,000$270/sqft
    Source: Stellar MLS #O5997211 Report a problem
    3/8/2022Listed for sale$1,350,000$270/sqft
    Source: Stellar MLS #O5997211 Report a problem
    2/2/2022Pending sale$1,350,000$270/sqft
    Source: Stellar MLS #O5997211 Report a problem
    1/29/2022Price change$1,350,000-12.9%$270/sqft
    Source: Stellar MLS #O5997211 Report a problem
    1/17/2022Listed for sale$1,550,000+70.8%$310/sqft
    Source: Stellar MLS #O5997211 Report a problem
    10/9/2018Sold$907,500-2.9%$182/sqft
    Source: Public Record Report a problem
    9/5/2018Price change$935,000-1.5%$187/sqft
    Source: PREMIER REALTY PARTNERS INC #O5724015 Report a problem
    7/31/2018Listed for sale$949,000+1.5%$190/sqft
    Source: PREMIER REALTY PARTNERS INC #O5724015 Report a problem
    6/8/2007Sold$935,000+54.1%$187/sqft
    Source: Stellar MLS #O4724400 Report a problem
    3/7/2005Sold$606,900$122/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$20,972 +16.9%$1,251,852 +10%
    2023$17,940 +74.6%$1,138,047 +66.4%
    2022$10,277 +1.3%$683,819 +3%
    2021$10,150 +0.7%$663,902 +1.4%
    2020$10,081 -1%$654,736 +0.5%
    2019$10,182 +1.7%$651,649 +2.9%
    2018$10,010 $633,413 +1.2%
    2017$10,010 +1.1%$626,119 +2.3%
    2016$9,897 +0.2%$611,998 +1.1%
    2015$9,874 -2.9%$605,464 -1.8%
    2014$10,166 +2.1%$616,599 +3.1%
    2013$9,960 +1%$598,019 -0.6%
    2012$9,860 +2.7%$601,901 +6.9%
    2011$9,600 -3.7%$563,017 -5.9%
    2010$9,964 $598,566 -13.5%
    2009-- $692,174 -20.1%
    2008$13,810 +41.5%$866,197 +9.5%
    2007$9,761 -5.6%$791,073 +33.5%
    2006$10,344 +283%$592,364 +330.8%
    2005$2,701 +9.3%$137,500 +1.9%
    2004$2,472 -1.9%$135,000
    2003$2,519 +125.1%$135,000 +125%
    2002$1,119 $60,000
    Find assessor info on the county website

    Neighborhood: 34786

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,691,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,691,000