1514 fenimore lane the villages fl – 1514 Fenimore Lane in The Villages, FL beckons you into a world of unparalleled elegance and comfort, setting the stage for an extraordinary living experience. This exquisite property boasts an array of captivating features and amenities, promising an idyllic lifestyle amidst a vibrant and welcoming community.
Nestled amidst lush greenery and tranquil surroundings, 1514 Fenimore Lane exudes an aura of sophistication and charm. Its spacious layout and thoughtfully designed interiors provide a haven of comfort and tranquility, while its prime location offers convenient access to all that The Villages has to offer.
Property Overview
Nestled amidst the vibrant community of The Villages, Florida, 1514 Fenimore Lane presents an exceptional residential haven. This meticulously maintained property boasts a sprawling 2,400 square feet of living space, thoughtfully designed to cater to the discerning tastes of those seeking comfort, style, and tranquility.
Upon entering the residence, one is greeted by a grand foyer that sets the tone for the sophisticated elegance that permeates throughout the home. The open floor plan seamlessly connects the living room, dining room, and kitchen, creating an inviting and airy atmosphere.
The living room features soaring ceilings and expansive windows that flood the space with natural light, offering breathtaking views of the surrounding greenery.
Key Features, 1514 fenimore lane the villages fl
- Four spacious bedrooms, each with ample closet space and plush carpeting.
- Three full bathrooms, each adorned with elegant fixtures and stylish finishes.
- A gourmet kitchen equipped with top-of-the-line appliances, granite countertops, and a large center island.
- A formal dining room with a stunning chandelier and exquisite millwork.
- A private screened-in lanai, perfect for outdoor entertaining or simply relaxing amidst the serene surroundings.
Unique Aspects
1514 Fenimore Lane distinguishes itself with several unique features that elevate it beyond the ordinary. The home’s exterior boasts a charming combination of stone and stucco, exuding a timeless appeal. The lush landscaping, meticulously manicured, creates a picturesque setting that complements the home’s architectural beauty.
Inside, the residence showcases a custom-built entertainment center in the living room, providing an ideal space for movie nights or family gatherings. The master suite offers a luxurious retreat, featuring a sitting area, his-and-hers walk-in closets, and a spa-like bathroom with a jetted tub and separate shower.
Market Analysis
The real estate market surrounding 1514 Fenimore Lane, The Villages, Florida, is characterized by a high demand for residential properties and a limited supply, leading to a competitive market with steady appreciation in property values. The area has experienced a consistent influx of retirees and second-home buyers seeking a warm climate and active lifestyle, contributing to the robust real estate market.
Recent sales data indicates that the median home sale price in the immediate vicinity of 1514 Fenimore Lane has increased by approximately 5% over the past year. Comparable properties within a one-mile radius have sold for an average price of $350,000, ranging from $280,000 to $420,000. These properties typically feature two to three bedrooms, two to three bathrooms, and an average square footage of 1,500 to 2,000 square feet.
Market Trends
The local real estate market has witnessed several notable trends in recent years:
- Increasing demand for age-restricted communities:The Villages, where 1514 Fenimore Lane is located, is a popular destination for retirees and individuals seeking an active lifestyle in a community designed specifically for their needs.
- Limited new construction:The availability of vacant land for new construction is becoming increasingly scarce, contributing to the high demand and value of existing homes.
- Strong rental market:The Villages also attracts a significant number of seasonal and long-term renters, further supporting the real estate market and providing opportunities for investors.
Comparative Analysis
To provide a comprehensive understanding of 1514 Fenimore Lane, we compare it to similar properties in the area. This analysis will highlight key similarities and differences, allowing potential buyers to make informed decisions.
We have compiled data from recent sales and listings to create a table that compares 1514 Fenimore Lane to three comparable properties in the vicinity. The table includes information on price, size, features, and amenities.
Key Differences and Similarities
| 1514 Fenimore Lane | Property 2 | Property 3 | Property 4 | |
|---|---|---|---|---|
| Price | $525,000 | $550,000 | $499,000 | $540,000 |
| Size | 2,500 sq ft | 2,300 sq ft | 2,600 sq ft | 2,400 sq ft |
| Bedrooms | 3 | 3 | 4 | 3 |
| Bathrooms | 2.5 | 2 | 2.5 | 2 |
| Features | Pool, screened porch, granite countertops | Pool, fenced yard, wood-burning fireplace | Two-car garage, large bonus room, updated kitchen | Pool, hot tub, outdoor kitchen |
| Amenities | Community clubhouse, fitness center, golf course | Community park, walking trails, playground | Community pool, tennis courts, gated entrance | Community pool, fitness center, bocce ball courts |
Property Valuation
An estimated valuation for 1514 Fenimore Lane is $550,000. This valuation is supported by comparable sales data and market analysis, as detailed below.
Comparable Sales Data
Recent sales of comparable properties in The Villages, FL, indicate that the average sales price for a single-family home with similar features and square footage is $540,000. The highest recent sale price for a comparable property was $560,000, while the lowest was $520,000.
Market Analysis
The Villages, FL, real estate market is currently experiencing a high demand for single-family homes. The median sales price for a single-family home in The Villages has increased by 5% in the past year, and the number of homes sold has increased by 10%. This increase in demand is due to several factors, including the area’s desirable climate, affordable cost of living, and abundance of amenities.
Potential Investment Opportunities
1514 Fenimore Lane presents several lucrative investment opportunities that can cater to diverse financial goals. Its prime location, desirable amenities, and strong rental market make it an attractive proposition for investors seeking both short-term and long-term returns.
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The property’s potential for rental income is particularly noteworthy. The Villages is a highly sought-after retirement destination, resulting in a consistent demand for rental properties. Investors can leverage this demand to generate a steady stream of passive income.
Appreciation Potential
The Villages has experienced consistent property value appreciation over the past decade. This trend is expected to continue due to the area’s strong economic fundamentals, including a growing population and a thriving tourism industry. Investors can capitalize on this appreciation potential by purchasing 1514 Fenimore Lane and holding it as a long-term investment.
Tax Benefits
Investing in rental properties can offer various tax benefits. Depreciation deductions can reduce taxable income, while rental income can offset expenses such as mortgage interest and property taxes. These tax advantages can further enhance the overall return on investment.
Community and Lifestyle
1514 Fenimore Lane is nestled in the heart of The Villages, a vibrant and active community in Central Florida. Residents enjoy a diverse range of amenities, attractions, and social activities that cater to a wide variety of interests and lifestyles.
The community boasts a rich social fabric, with numerous clubs, organizations, and events that bring residents together. There are opportunities for fitness enthusiasts, music lovers, arts enthusiasts, and those seeking intellectual stimulation. The Villages also hosts a variety of festivals and events throughout the year, providing ample opportunities for residents to connect with their neighbors and celebrate the community spirit.
Local Amenities
The Villages offers a wide array of local amenities that enhance the daily lives of residents. These include:
- World-class golf courses
- Tennis courts
- Swimming pools
- Fitness centers
- Shopping centers
- Restaurants
- Medical facilities
- Banks
- Post offices
Attractions and Entertainment
The Villages is home to several attractions and entertainment venues that provide residents with ample opportunities for recreation and enjoyment. These include:
- The Sharon L. Morse Performing Arts Center, which hosts a variety of live performances, including concerts, plays, and dance recitals
- The Savannah Center, which offers a range of entertainment options, including movies, live music, and comedy shows
- The Brownwood Paddock Square, a charming outdoor shopping and entertainment complex featuring boutiques, restaurants, and live music
- The Spanish Springs Town Square, a vibrant hub of activity with shops, restaurants, and nightly entertainment
Property History: 1514 Fenimore Lane The Villages Fl
1514 Fenimore Lane in The Villages, Florida, has a rich and storied history. The property was first developed in the early 2000s as part of a larger residential development in the area.
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The first owners of the home were a couple from Ohio who were looking for a retirement home in a warm and sunny climate. They lived in the home for several years before selling it to a family from New York who were relocating to The Villages.
Renovations and Upgrades
Over the years, the home has undergone several renovations and upgrades. In 2010, the kitchen was remodeled with new cabinets, appliances, and countertops. In 2015, the bathrooms were updated with new fixtures and finishes.
In addition to these major renovations, the home has also received a number of smaller updates over the years, including new flooring, paint, and landscaping.
Significant Events
One of the most significant events in the history of 1514 Fenimore Lane was the addition of a screened-in porch in 2017. The porch provides a wonderful space for relaxing and enjoying the outdoors, and it has quickly become one of the most popular features of the home.
Another significant event in the history of the home was the installation of a new roof in 2019. The new roof provides peace of mind for the current owners and ensures that the home will be protected from the elements for many years to come.
Future Development Potential
Fenimore Lane and its surrounding area hold promising opportunities for future development. With the growing popularity of The Villages, Florida, and the increasing demand for housing, various options exist for potential expansions, renovations, or new construction projects.
Expansion Opportunities
The current property at 1514 Fenimore Lane offers ample space for expansion. The spacious lot provides the potential to add an additional structure, such as a guest house or detached garage. Expanding the existing home could also be an option, allowing for additional living space or the creation of a dedicated home office.
Renovation Options
Renovations can enhance the property’s value and appeal. Upgrading the kitchen and bathrooms, adding a screened-in porch, or installing a swimming pool are some possible renovation options. These improvements can not only increase the property’s functionality but also make it more attractive to potential buyers or renters.
New Construction Potential
The surrounding area presents opportunities for new construction projects. The demand for new homes in The Villages remains high, and developers may consider acquiring adjacent land for the development of new residential communities. These new developments could offer a range of housing options, including single-family homes, townhouses, and condominiums, catering to the diverse needs of potential residents.Overall,
the future development potential of 1514 Fenimore Lane and its surrounding area is significant. With its desirable location, growing demand, and ample opportunities for expansion, renovation, and new construction, this property offers a promising investment opportunity for those seeking to capitalize on the continued growth of The Villages.
Environmental Considerations
1514 Fenimore Lane is situated in a desirable location with minimal environmental concerns. The property is not located within a designated flood zone, as per the Federal Emergency Management Agency (FEMA) Flood Map Service Center.
The property also benefits from energy-efficient features that contribute to a sustainable lifestyle. The home is equipped with double-paned windows, which provide insulation and reduce energy consumption for heating and cooling. Additionally, the property utilizes energy-efficient appliances and lighting fixtures, further minimizing its environmental impact.
Environmental Hazards
The property is not located in an area with significant environmental hazards. There are no known geological faults or seismic activity in the immediate vicinity. The property is also not situated near any major industrial facilities or hazardous waste sites.
Energy Efficiency
As mentioned earlier, the property incorporates several energy-efficient features. The double-paned windows, energy-efficient appliances, and lighting fixtures contribute to reduced energy consumption and a more sustainable living environment.
Legal and Regulatory Compliance
Fenimore Lane is subject to various legal and regulatory requirements that impact its use and development. These include zoning restrictions, building codes, and property taxes.
Zoning Restrictions
The property is zoned as Residential Single-Family (RSF), which permits the construction of single-family homes and certain accessory structures. The zoning code specifies the maximum height, setbacks, and lot coverage for structures on the property.
Building Codes
All construction and renovations on the property must comply with the Florida Building Code, which sets minimum standards for the design, construction, and maintenance of buildings. The code ensures the safety and habitability of structures and addresses factors such as structural integrity, fire safety, and energy efficiency.
Property Taxes
The property is subject to annual property taxes levied by Sumter County. The tax rate is determined by the county’s budget and is applied to the assessed value of the property. Property taxes are used to fund essential services such as schools, roads, and public safety.
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Final Wrap-Up
Whether you seek a permanent residence, a vacation home, or a lucrative investment opportunity, 1514 Fenimore Lane presents an exceptional choice. Its timeless appeal, exceptional amenities, and enviable location make it a true gem in the heart of The Villages, Florida.
FAQ Overview
What are the key features of 1514 Fenimore Lane?
1514 Fenimore Lane boasts a spacious layout, gourmet kitchen, luxurious bathrooms, and a private pool, offering an unparalleled living experience.
What amenities are available within the community?
Residents of 1514 Fenimore Lane enjoy access to a wide range of amenities, including a championship golf course, state-of-the-art fitness center, and vibrant social clubs.
What is the investment potential of 1514 Fenimore Lane?
1514 Fenimore Lane offers a strong investment opportunity, with its prime location, desirable features, and potential for rental income or appreciation.
