Active

$1,489,000

Features:
  • 5 Bedrooms
  • 4 Bathrooms
  • 4320 sq ft
Overview
  • ID: MFRO6234002
  • Bedrooms: 5
  • Bathrooms: 4
  • Size: 4320 sq ft
Property Details
Remarks
Discover a rare opportunity to own a unique, gated compound in the heart of the Lake Eola Heights historic district. Situated on the corner of East Amelia Street and North Summerlin Avenue, this property spans two parcels with the opportunity to turn into one large property or a great investment property with two high-end rentals. The possibilities are endless at the Summerlin/Amelia compound! Built in 2007, "Cottage Way" consists of two custom-designed structures, carefully crafted to meet the highest standards of quality and historic charm, as recognized by the National Preservation and Historic Board. The cornerstone of Cottage Way is a 2,300-square-foot Spanish Mediterranean home, with distinctive elevation, high ceilings, and an expansive feel throughout. This home offers an array of luxurious features including a two-floor Otis elevator with a full shaft, a wood-burning fireplace, travertine tile, a custom staircase, a Sub-Zero refrigerator, and more. The second-floor balcony provides stunning views of the historic neighborhood, making this property a dream for professionals seeking an office, studio, or creative flex space. The second parcel, facing East Amelia Street, is a charming Craftsman-style home with a spacious front porch and exquisite interior woodwork. The living room centers around a wood-burning brick fireplace with a wooden mantle, creating a warm and inviting atmosphere. The home boasts a 400-square-foot wardrobe room, a luxurious master bath with a jacuzzi tub and multi-head shower, and a master suite featuring a built-in bar with a custom wine rack, sink, and fridge, leading to a versatile theater loft space. This property offers the perfect blend of luxury living and creative workspace. Don’t miss out on this exceptional opportunity—schedule your appointment today. The sellers are motivated!
Financial Considerations
Price:
$1,489,000
HOA Fee:
N/A
Tax Amount:
$19187.64
Price per SqFt:
$344.68
Tax Legal Description:
Cottage Way 62/67 Lot 1, Cottage Way 62/67 Lot 2
Exterior Features
Lot Size:
893
Lot Features:
Street Brick
Waterfront:
No
Parking Spaces:
N/A
Parking:
Driveway, Garage Door Opener, Guest, On Street
Roof:
Tile
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
5
Bathrooms:
4
Heating:
Central
Cooling:
Central Air
Appliances:
Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
Furnished:
No
Floor:
Carpet, Marble, Wood
Levels:
Two
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
2007
Construction Type:
Block, Stucco
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Courtyard, Outdoor Shower, Sidewalk
Additional Features 2:
If owner occupied you can legally do air bnb short term rental
Map
  • Address
    503 N SUMMERLIN AVE
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
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