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Sold for $1,622,500
  • $1,622,500

    7661 FAIRFAX DRIVE, KISSIMMEE, FL 34747

    12beds
    6,351sqft
    Single Family Residence
    Built in 2019
    10,454 Square Feet Lot
    $1,464,100 Zestimate®
    $255/sqft
    $3,646 Estimated rent

    Home value

    $1,464,100

    $1.35M - $1.58M

    $3,646/mo

    Zestimate® history
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    What's special

    An investor's paradise! Introducing 7661 Fairfax Dr, affectionately termed “The Oasis”. This unparalleled 12-bedroom marvel is nestled in the heart of Encore Resort, boasting 12.5 bathrooms, sprawling over 6,300 square feet, and accommodating up to 30 guests. It features the most spacious floor plan in the Encore Resort, a rarity that spikes its demand. Over the last two years, "The Oasis" has impressively GENERATED AN AVERAGE OF $224,000 in ANNUAL GROSS RENTS, maintaining a 62% OCCUPANCY RATE with an AVERAGE NIGHTLY RATE of ~$1000/night. THIS HOME ALREADY HAS $180K ON THE BOOKS FOR 2024 & BEYOND! Initially acquired unfurnished in 2021, approximately $400,000 was invested in elevating its interiors and exteriors with luxurious furnishings, themed spaces, and an entertainment-packed game room. A recent addition includes a substantial 20.4 kilowatt Tesla solar system, fully paid off before closing, slicing the AVERAGE MONTHLY ELECTRIC BILL DOWN TO $150.00/MONTH. Both adults and younger guests have a variety of options to choose from with uniquely themed sleeping areas. Options range from the enchanting forest-themed bunk rooms, a deep-sea submarine chamber, to a whimsical Dr. Seuss-inspired sanctuary. Entertainment is on another level with a custom ~$25k 1965 Ford Mustang pool table, dual classic upright arcades for challenging the highest scores, and custom DJ lighting that sets an unparalleled ambiance. The property also features a theater room, equipped with a large projector screen and plush custom seating for over ten viewers, promising endless nights of movies and relaxation. "The Oasis" redefines luxury living and entertainment, offering an unmatched experience. Guests will enjoy the amenities at the Encore at Reunion Resort including a spectacular clubhouse, award winning restaurant, a Water Park, full-service spa, two playgrounds, state-of-the-art gym, basketball, volleyball & tennis courts. The HOA fee covers 24-hour gated entrances & roaming security, trash pickup, & an annual exterior house cleaning. A concierge desk is available at the clubhouse to assist with booking tickets, meals, airline check ins, resort provided shuttles to parks, & more. Enjoy being minutes away from three golf courses and in the heart of attractions, shopping, dining and more. Call us today to schedule your private tour!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly French 352-988-4975,

    PALM CIRCLE REALTY 352-988-4975

    Bought with:

    Jennifer Olmeda, 3346960

    WRA BUSINESS & REAL ESTATE

    Source: Stellar MLS,MLS#: O6184685MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 13
    • Full bathrooms: 12
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Great Room, Loft, Media Room
    Primary bedroom
    • Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
    • Level: Second
    • Dimensions: 11x15
    Primary bedroom
    • Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
    • Level: Second
    • Dimensions: 15x17
    Bedroom 3
    • Features: Ceiling Fan(s), En Suite Bathroom, Built-in Closet
    • Level: Second
    • Dimensions: 11x12
    Bedroom 4
    • Features: Ceiling Fan(s), En Suite Bathroom, Built-in Closet
    • Level: Second
    • Dimensions: 13x13
    Primary bathroom
    • Features: Dual Sinks, Exhaust Fan, Stone Counters, Tub with Separate Shower Stall, Water Closet/Priv Toilet, Window/Skylight in Bath
    • Level: Second
    • Dimensions: 9x10
    Primary bathroom
    • Features: Dual Sinks, Exhaust Fan, Stone Counters, Tub with Separate Shower Stall, Water Closet/Priv Toilet, Window/Skylight in Bath
    • Level: Second
    • Dimensions: 9x10
    Bathroom 3
    • Features: Exhaust Fan, Shower No Tub, Single Vanity, Stone Counters
    • Level: Second
    • Dimensions: 5x8
    Bathroom 4
    • Features: Exhaust Fan, Shower No Tub, Single Vanity, Stone Counters
    • Level: Second
    • Dimensions: 5x9
    Dining room
    • Level: First
    • Dimensions: 11x18
    Kitchen
    • Features: Breakfast Bar, Pantry, Kitchen Island, Stone Counters
    • Level: First
    • Dimensions: 15x16
    Living room
    • Level: First
    • Dimensions: 12x26
    Loft
    • Features: Wet Bar
    • Level: Second
    • Dimensions: 18x20
    Media room
    • Level: Second
    • Dimensions: 15x16
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Filtration System, Wine Refrigerator
    • Laundry: Corridor Access, Inside, Upper Level
    Features
    • Ceiling Fan(s), High Ceilings, Kitchen/Family Room Combo, Open Floorplan, PrimaryBedroom Upstairs, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar
    • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
    • Doors: Outdoor Grill, Outdoor Shower, Sliding Doors
    • Windows: Shades, Window Treatments
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 7,644
    • Total interior livable area: 6,351 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage Door Opener, Ground Level
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions: 20x12
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Rear Porch
    • Exterior features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Shower, Sidewalk
    • Has private pool: Yes
    • Pool features: Child Safety Fence, Gunite, Heated, Outside Bath Access
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Fencing: Fenced
    Lot
    • Size: 10,454 Square Feet
    • Features: Landscaped, Sidewalk
    • Residential vegetation: Mature Landscaping, Trees/Landscaped
    Details
    • Parcel number: 222527493100010320
    • Zoning: RES
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage,Florida
    • Property subtype: Single Family Residence
    Materials
    • Block, Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2019

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Public, Sewer Available, Sewer Connected, Street Lights, Underground Utilities, Water Available, Water Connected

    Community & HOA

    Community
    • Features: Clubhouse, Fitness Center, Gated Community - Guard, Playground, Pool, Sidewalks
    • Security: Gated Community, Security Gate, Security Lights, Security System, Smoke Detector(s)
    • Pet fee: $0 monthly
    • Subdivision: REUNION WEST PH 2B WEST
    HOA
    • Has HOA: Yes
    • Amenities included: Fitness Center, Gated, Recreation Facilities, Security
    • Services included: 24-Hour Guard, Cable TV, Community Pool, Internet, Maintenance Grounds, Pest Control, Private Road, Recreational Facilities, Security, Trash
    • HOA fee: $903 monthly
    • HOA name: Artemis Lifestyle Services
    • HOA phone: 407-705-2190
    Location
    • Region: Kissimmee

    Financial & listing details

    • Price per square foot: $255/sqft
    • Tax assessed value: $1,069,400
    • Annual tax amount: $18,431
    • Date on market: 3/14/2024
    • Cumulative days on market: 198 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/1/2024Sold$1,622,500-7%$255/sqft
    Source: Stellar MLS #O6184685 Report a problem
    10/9/2024Pending sale$1,745,000$275/sqft
    Source: Stellar MLS #O6184685 Report a problem
    3/14/2024Listed for sale$1,745,000+132.7%$275/sqft
    Source: Stellar MLS #O6184685 Report a problem
    3/16/2021Sold$750,000-12.8%$118/sqft
    Source: Public Record Report a problem
    1/16/2021Pending sale$860,000$135/sqft
    Source: Stellar MLS #O5823487 Report a problem
    9/6/2020Price change$860,000-9.5%$135/sqft
    Source: KYLIN REALTY LLC #O5823487 Report a problem
    1/31/2020Price change$950,000+5.6%$150/sqft
    Source: KYLIN REALTY LLC #O5823487 Report a problem
    11/12/2019Listed for sale$900,000+2%$142/sqft
    Source: KYLIN REALTY LLC #O5823487 Report a problem
    5/1/2019Sold$882,400$139/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,434 -2.3%$1,069,400 -4%
    2024$18,872 +2.4%$1,113,400 +1.2%
    2023$18,431 +9.8%$1,100,000 +15.2%
    2022$16,785 +21.3%$954,600 +32.1%
    2021$13,835 -1.8%$722,600 -4.2%
    2020$14,089 +247.2%$754,300 +1097.3%
    2019$4,058 $63,000 +9%
    2018$4,058 +16.1%$57,800 +549.4%
    2017$3,496 $8,900
    Find assessor info on the county website

    Neighborhood: 34747

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,464,100
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    Estimated market value
    $1,464,100