Lake Shore Cottages

[glomonac]

Wife and I haven't settled on an area yet. Rode through Lake Shore Cottages and checked Zillow for info. These houses were substantially more expensive than a similar homes with the same square footage. They also had name signs on most homes. Why is this area so exclusive?

[Rapscallion St Croix]

Prime location

[gap2415]

With
Fenny all the upcoming new homes to be built, 466a - 44 hwy may well be the new prime location.

[bagboy]

Wife and I haven't settled on an area yet. Rode through Lake Shore Cottages and checked Zillow for info. These houses were substantially more expensive than a similar homes with the same square footage. They also had name signs on most homes. Why is this area so exclusive?

We stayed in one of the cottages several years ago during our Lifestyle Preview visit. I don't believe any of those were on the market yet at that time. They are very nice but I remember thinking later that they were over priced when I saw what they were selling for. But, being near the square is probably a factor in value. If there are any for sale, take a look a judge for yourself.

[jane032657]

Lakeshore Cottages are adorable but for the most part smaller square footage and no yards for a large price. I love the area, the pool is hardly used and you can easily walk to your morning coffee. We stayed there on our lifestyle visit. The prices are well over $550 for most of them and then much higher.

You may want to look at Haciendas of Mission Hills (where we live), which is also close to Lake Sumter Square, you can walk over the bridge or golf cart in no more than five minutes, and sometimes you can hear the music from the square. There are many villas for sale.

Village of Caroline, Virginia Trace, Bridgeport at Sumter, Creekside and Edgeworth are also all right there.

[rustyp]

With
Fenny all the upcoming new homes to be built, 466a - 44 hwy may well be the new prime location.

That's hilarious

[HimandMe]

That's hilarious

It's been said a number of times now. Time will tell.

[Madelaine Amee]

With
Fenny all the upcoming new homes to be built, 466a - 44 hwy may well be the new prime location.

:1rotfl::1rotfl::1rotfl:

[graciegirl]

I think it looks like a little quaint village on a lake. It is a neat location and the answer is location. ..........

location. location.

Everyone has a favorite place here and it is usually their street and their village.

A property is worth what it sells for.

[jane032657]

I agree Gracie. It is a lovely community. I must admit I look every time a house comes up for sale....

[Barefoot]

With Fenny all the upcoming new homes to be built, 466a - 44 hwy may well be the new prime location.
:shocked:

[John_W]

We stayed in one on our LSV in April 2011. I thought the location was great. When I went to the pool there was never anymore than a couple of others, it was like having your own private pool. I think I counted 53 homes once. The one we stayed in had 3 BR, 2 BA and was told it would sell for about $500K. I've seen it listed about 4 months ago for $725K, then last month it went to $699K. Considering it only has a 2 car garage and no room to add a golf cart garage and the garage itself could not hold 2 cars and a cart. It also only had about 10' of property all the way around, so no pool and no space to add one. It also had no lanai, the kitchen had stainless steel appliances, however they must be close to 10 years old, the countertops were the 80's style tile and grout. Carpeting has got to be very worn by now. I loved the location, but it's not worth $699K.

[graciegirl]

We stayed in one on our LSV in April 2011. I thought the location was great. When I went to the pool there was never anymore than a couple of others, it was like having your own private pool. I think I counted 53 homes once. The one we stayed in had 3 BR, 2 BA and was told it would sell for about $500K. I've seen it listed about 4 months ago for $725K, then last month it went to $699K. Considering it only has a 2 car garage and no room to add a golf cart garage and the garage itself could not hold 2 cars and a cart. It also only had about 10' of property all the way around, so no pool and no space to add one. It also had no lanai, the kitchen had stainless steel appliances, however they must be close to 10 years old, the countertops were the 80's style tile and grout. Carpeting has got to be very worn by now. I loved the location, but it's not worth $699K.


As I insist, it is if it sells for that.

Granddaughter's rent in NYC is astonishing to a girl from Ohio.

[John_W]

As I insist, it is if it sells for that.

Granddaughter's rent in NYC is astonishing to a girl from Ohio.

I just checked the listing and it's now at $660K. I stand corrected, it did have a small lanai. However, like I posted, the garage barely held my car and the golf cart, it would never handle 2 cars and a golf cart and there is no room to add a golf cart garage. There is no pool or any room for a pool, property line is only about 5' to 10' all the way around. I think when it gets down to about $599K, they might start to get some offers, it's hard to believe they started a couple of months ago asking $725K.

The Villages - POH Flyer (http://www.thevillages.com/homes/vls/customer/flyer/index/223028)

https://www.thevillages.com/homes/retrieveImage/ulikey.ashx?key=S657.34

[zmarkp]

i believe the property has been listed on and off for at least a year

[Fraugoofy]

I just checked the listing and it's now at $660K. I stand corrected, it did have a small lanai. However, like I posted, the garage barely held my car and the golf cart, it would never handle 2 cars and a golf cart and there is no room to add a golf cart garage. There is no pool or any room for a pool, property line is only about 5' to 10' all the way around. I think when it gets down to about $599K, they might start to get some offers, it's hard to believe they started a couple of months ago asking $725K.

The Villages - POH Flyer (http://www.thevillages.com/homes/vls/customer/flyer/index/223028)

https://www.thevillages.com/homes/retrieveImage/ulikey.ashx?key=S657.34
New AC in 2015 and new fridge and micro in 2017. Comes completely furnished and with a golf cart. Love the home! Someone else will love it, too! I think the location is premier... but I agree, John, very pricey!

Sent from my SM-N910R4 using Tapatalk

[graciegirl]

New AC in 2015 and new fridge and micro in 2017. Comes completely furnished and with a golf cart. Love the home! Someone else will love it, too! I think the location is premier... but I agree, John, very pricey!

Sent from my SM-N910R4 using Tapatalk

BUT if you read some of the comparable valuations by Trulia, Realtor, and Zillow on Fish Camp Road, not surprising.

fish camp road, the villages, florida - Bing (https://www.bing.com/search?q=fish+camp+road%2C+the+villages%2C+florida&form=EDGHPT&qs=PF&cvid=58196cacec9e4961b89d9f9f16f9b7eb&cc=US&setlang=en-US&elv=AXXfrEiqqD9r3GuelwApulqCG4n*mHDDpq7DG0DgJ8Lxua LUpVZbDJrLgO%21C9R6YGsjLrUln*jnEw0Tyqw0mfqOvTdf1YN zTadhvtGWH3NOE)

Note. I am not a person who works in Real Estate, just a person who enjoys watching the values in The Villages.

[John_W]

BUT if you read some of the comparable valuations by Trulia, Realtor, and Zillow on Fish Camp Road, not surprising.

Note. I am not a person who works in Real Estate, just a person who enjoys watching the values in The Villages.

If you go by the actual sales, which would be comparables, the price I gave as $599K seems right. The home in question is 1033 Cottage Drive last sold March 2012 for $419K and is 1815 sq ft.

The last home to sell on Cottage Drive was right next door, 1025 sold March of 2015 for $510K. The highest seller was 1046 Cottage which sold March of 2015 for $630K, however it is across the street and homes on that side are bigger. That home is 2330 square feet. The last home to sell was at 1022 Cottage, it sold May of 2016 for $600K, but it is 1970 sq ft and you can see it's photo below, it is massive on the outside compared to 1033.

These are the latest sales on Cottage Drive, date and price:


997 Cottage Dr Oct/2012 $419K
1011 Cottage Dr Dec/2013 $467K
1019 Cottage Dr Feb/2014 $457K
1025 Cottage Dr Mar/2015 $510K
1039 Cottage Dr Dec/2013 $457K
1045 Cottage Dr Nov/2013 $519K
1055 Cottage Dr July/2010 $409K


Across the Street


1046 Cottage Dr Mar/2015 $630K
1040 Cottage Dr Nov/2013 $557K
1028 Cottage Dr May/2013 $540K
1022 Cottage Dr May/2016 $600K
1016 Cottage Dr Jun/2013 $509K
1010 Cottage Dr July/2015 $560K

1022 Cottage Drive Sold May 2016 for $600K

https://photos.zillowstatic.com/p_f/IShf3cpy273wi50000000000.jpg

https://photos.zillowstatic.com/p_f/IS176kl7jj8wn50000000000.jpg

I've always had an interest in Real Estate and home design. I passed the Georgia Real Estate Exam in 1982 and published Homes & Land Magazine of Savannah. I also passed the Florida Real Estate Exam in 1989 and sold real estate in Hernando Country. I also acted as general contractor on two homes that I designed and built in Pensacola, Florida in 1978 and 1980.