14502 Scotch Pine Ct

• Custom Castle Exterior: Unique architectural design, potential for increased property value due to novelty and curb appeal • Gothic-Style Windows: Adds to the castle aesthetic and provides unique interior lighting • Custom Woodwork and Trim: High-quality craftsmanship adds to the overall luxury feel • Outdoor Pool and Patio Area: Increases the property's appeal for entertainment and relaxation • Large Lot Size: Provides privacy and potential for future expansion • Custom Castle Design • Large Outdoor Pool • Mature Landscaping • Unique Interior Decor • Spacious Living Areas • Price Position: The price per square foot ($470.09) is significantly higher than the median price per square foot in the 32832 zip code ($260.00), indicating potential for price reduction. • Appreciation Trend: The property was sold for $800,000 in 2006, representing a 45.5% increase from the previous sale in 2005. However, the current listing price of $2,200,000 represents a 175% increase from the 2006 sale, which may be difficult to justify in the current market. • Negotiation Opportunity: The property has been on the market for 89 days, which is longer than the average time on market in the area, suggesting it may be overpriced or have other drawbacks. • Rental Income: $5,025/month with 90% occupancy (0.0% cap rate) • Schools: Good schools (7/10 rating) contribute a moderate premium to property values, estimated at 3-5% compared to areas with lower-rated schools. Proximity to Lake Nona High School is a selling point for families. • Future Development: No major developments are planned in the immediate vicinity that would negatively impact the property's value or privacy. The area is expected to remain primarily residential. • The layout appears to be functional, with a grand entrance leading to spacious living areas. The circular bedroom in the tower is a unique feature. The flow between indoor and outdoor spaces is well-designed.