Sold for $550,000

$550,000

508 Bear Road, Lake Placid, FL 33852

3beds

2,356sqft

Single Family Residence

Built in 1999

10.18 Acres Lot

$623,900 Zestimate^®

$233/sqft

$2,793 Estimated rent

Home value

$623,900

$580,000 - $674,000

$2,793/mo

Zestimate^® history

Owner options

List your home for rent

$2,793/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$2,793/mo

Rent Zestimate^®

Refinance and save

$3,635/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$3,635/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Your private escape! This 3/2 home sits on 10 acres with hilltop view overlooking the subdivision & neighbors' pond, that is next to your pond. Expansive living room windows go up to roofline allowing a great feeling of the outdoors. Hard & porcelain tile floors thru-out home. White Corean countertops, extra cabinets in kitchen. extra room-think playroom, office, workout space. Oversized 2 car garage attached. Outbuilding. Water well. Screened back porch shaded by many trees & bamboo. Ready for your modern touch.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 3

Primary bedroom

Level: Main
Area: 180
Dimensions: 15 X 12

Kitchen

Level: Main
Area: 360
Dimensions: 24 X 15

Living room

Level: Main
Area: 720
Dimensions: 30 X 24

Heating

Central, Electric

Cooling

Central Air, Ceiling Fan(s), Electric

Appliances

Included: Cooktop, Dryer, Dishwasher, Refrigerator
Laundry: Inside

Features

Breakfast Area, Eat-in Kitchen, Separate Shower

Interior area

Total structure area: 3,384
Total interior livable area: 2,356 sqft

Property

Parking

Total spaces: 2
Parking features: Attached, Garage, Garage Door Opener
Attached garage spaces: 2

Features

Levels: One
Stories: 1
Exterior features: Outdoor Living Area
Fencing: Fenced
Has view: Yes
View description: Pond
Has water view: Yes
Water view: Pond

Lot

Size: 10.18 Acres
Features: Irregular Lot, Many Trees

Details

Additional structures: Outbuilding
Parcel number: C35373002000500000
Zoning: AU
Horses can be raised: Yes
Horse amenities: Riding Trail

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Materials

Block, Stucco
Roof: Composition,Shingle

Condition

Resale
New construction: No
Year built: 1999

Utilities & green energy

Electric: 3 Phase
Sewer: Septic Tank
Water: Well
Utilities for property: Water Available

Community & HOA

Community

Features: Home Owners Association, Gated
Security: Gated Community
Subdivision: BEAR HOLLOW UNREC SUB

HOA

Has HOA: Yes
Amenities included: Trail(s)
Services included: Common Areas
HOA fee: $80 monthly

Location

Region: Lake Placid

Financial & listing details

Price per square foot: $233/sqft
Tax assessed value: $466,618
Annual tax amount: $5,273
Date on market: 6/25/2024
Cumulative days on market: 2 days
Listing terms: Cash,Conventional
Road surface type: Paved

Price history

Date	Event	Price
8/16/2024	Sold	$550,000-4.3%$233/sqft
Source: BeachesMLS #R10998971 Report a problem
6/26/2024	Pending sale	$575,000$244/sqft
Source: BeachesMLS #RX-10998971 Report a problem
6/25/2024	Listed for sale	$575,000+66.7%$244/sqft
Source: BeachesMLS #RX-10998971 Report a problem
4/16/2003	Sold	$345,000$146/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,610 +18.1%	$466,618 -1.3%
2024	$5,598 +6.1%	$472,745 +6.9%
2023	$5,274 +11.3%	$442,078 +25.5%
2022	$4,740 +14.1%	$352,216 +40.1%
2021	$4,156 +7.4%	$251,384 +7.2%
2020	$3,870	$234,594 +6.1%
2019	$3,870 +5.1%	$221,046 -6.7%
2018	$3,681 -6.2%	$236,954 +1.5%
2017	$3,926 +2.4%	$233,393 +9.9%
2016	$3,832 +6.5%	$212,296 -0.4%
2015	$3,599 -0.7%	$213,131
2014	$3,623	--
2013	--	--
2012	--	--
2011	--	--
2010	--	--
2009	--	--
2008	--	--
2007	--	--
2006	--	--
2005	--	--
2004	--	--
2003	--	--
2002	--	--
2001	--	--
2000	--	--