16619 Arezo COURT, Montverde, FL, 34756 | $5,990,000

Under contract-accepting backup offers. Nestled in the upscale Bella Collina community, VILLA ESPERANZA is the embodiment of grandeur and sophistication. Winner of STREET OF DREAMS, this extraordinary estate invites immediate occupancy and promises delight for its discerning new owner.

From almost every room in the house, you'll be captivated by panoramic views of the stunning pool and shimmering Lake Sienna. As you enter, you're greeted by a volume foyer accentuated by exquisite faux paintings and hand-laid marble mosaics. The Living Room features one of two impressive stone fireplaces, both encased with masterful stonework. The Dining Room boasts an arched ceiling adorned with intricate brick overlays.

The heart of this Tuscan-style masterpiece is the Dream Kitchen. It's equipped with granite countertops, a professional-grade Wolf gas stove, two dishwashers, a Sub-Zero Pro 48 refrigerator, and a sprawling 20 sq-ft granite-topped island with its own Sub-Zero refrigerator. In the Family Room, a hidden built-in bookcase reveals a 50" LED TV.

The first-floor Master Bedroom suite sprawls over 2, 500 sq ft and includes a private sitting room with a wet bar featuring a Subzero refrigerator. A see-through fireplace encased in stone adds to the allure. From here, you can gaze out over the spa and Lake Sienna. The Master Bath is equally impressive with his and hers vanities, two separate dressing areas, an 8-head double shower system, and a spacious Jacuzzi tub with an elegant iron canopy.

The second floor offers four luxurious Master Suites, a Vegas-style game room, and a full bar overlooking the state-of-the-art theater and the serene lake beyond. The well-appointed theater features a Home Cinema HDR10, 4K wireless projector, and top luxury upholstered seating. Wood-framed accordion doors enhance the theater's acoustic isolation.

Overlooking the lake, you'll find a series of balconies, and below, a generously sized heated pool, terrace, spa, and a summer kitchen with a Wolf gas fireplace and hood for culinary enthusiasts.

This mansion is equipped with cutting-edge home automation systems, featuring a comprehensive Crestron automation system, Lutron Lighting System, and iQualink for effortless control of the pool via your cell phone. Every detail, from the exquisite woodwork to the stunning stonework and opulent marble, has been executed with unsurpassed craftsmanship.

The home is turnkey, boasting essential and luxurious features, tasteful furnishings, imported luxury curtains, beautiful art, and notable pieces like hand-painted Italian artwork gracing the second-floor walls and arches. This is not just a home; it's a masterpiece, a sanctuary, and an opportunity you won't want to miss.

Features

  • Rooms: 11
  • Bedrooms: 6
  • Baths: 7 full / 4 half
  • Style: Mediterranean
  • Year Built: 2006
  • Garage: 4-car Garage Door Opener, Oversized, Parking Pad
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 11,049
  • Acreage: 1.12
  • Est. Taxes: $35,869
  • HOA Fee: $738 Monthly
  • View: Water
  • Elem. School: Grassy Lake Elementary
  • Middle School: East Ridge Middle
  • High School: Lake Minneola High
  • Pool: Deck, Heated
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: O6152627
  • Days on Market: 91 days
  • Website: https://www.raveis.com
    /eprop/O6152627/16619arezocourt_montverde_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/16/2024 11:17:11 PM)

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

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Our Insurance Division:

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16619 Arezo COURT, Montverde, FL, 34756

$5,990,000

Rebecca Doh

Sales Associate

William Raveis Real Estate

Phone: 860.601.4406

Rebecca.Doh@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $4,792,000 $4,792,000 $4,792,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 6.989% 6.936%
Monthly Tax Payment $2,989 $2,989 $2,989
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $32,285 $31,480 $42,405
Total Monthly Payment $35,399 $34,594 $45,519

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.