Listing Details for MLS # O6256607
5311 Nw 98th Terrace, Gainesville, Fl 32653

Residential Property - Single Family Residence in Gainesville

Listing Price: $930,000Days on Market: 14Cumulative Days on Market: 176

Description of Property

Post-modern waterfront 4-story tree-house inspired by Frank Lloyd Wright. The area's natural beauty is captured with numerous decks and balconies, multi-aspect views through large picture windows from every level, a lap pool housed in a multi-story screened-in area. Daily living is an immersive experience into the woodland setting and waterfront views on this 1.93 acre retreat. Attention to detail is evident throughout, with fully upgraded features and modern comforts integrated seamlessly into the design. Overall, this property presents a unique opportunity to experience a lifestyle of luxury, privacy, and natural beauty in a meticulously designed and upgraded architectural home. The first floor features a stunning flexible living area which is currently used as a music room. The large picture windows a seamless connection to the outdoors, allowing natural light to flood the room. A large adjacent deck provides access to the lake and the in-ground pool. Two guest bedrooms, a double vanity bathroom with walk-in shower, a kitchenette/bar area with mini fridge, and a laundry closet complete this floor. A showcase spiral stairway, running the full height of the residence, provides access to the main living areas via a custom curved barn door. From the exterior, an elevator leads from the front deck to the main living deck. On the second floor, there is a spectacular, light-filled, open-concept layout creating a seamless flow between the sunken lounge/great room, dining area, custom-built kitchen and guest bathroom with linen closet which also showcases two-story floor to ceiling windows, offering tantalizing views of the lake. French doors lead to the multi-story screened-in, full outdoor living/dining room with staircase access to the heated 40-foot lap pool. The owners’ suite fully encompasses the third floor. Enjoy the luxurious ensuite, complete with freestanding spa bath, double vanities, linen closet and a two-story, glass-ceiling, rain shower! The suite has two sets of closets and double doors leading to a balcony overlooking the main outdoor living/dining room and the pool. Finally, the fourth floor observatory affords 360 degree area viewing and a covered balcony nestled amongst high magnolia trees and creeping jasmine. The first floor features a stunning flexible living area which is currently used as a music room. The large picture windows has a seamless connection to the outdoors, allowing natural light to flood the room. A large adjacent deck provides access to the lake and the in-ground pool. Two guest bedrooms, a double vanity bathroom with walk-in shower, a kitchenette/bar area with mini fridge, and a laundry closet complete this floor. A showcase spiral stairway, running the full height of the residence, provides access to the main living areas via a custom curved barn door. From the exterior, an elevator leads from the front deck to the main living deck. On the second floor, there is a spectacular, light-filled, open-concept layout creating a seamless flow between the sunken lounge/great room, dining area, custom-built kitchen and guest bathroom with linen closet which also showcases two-story floor to ceiling windows, offering tantalizing views of the lake. French doors lead to the multi-story screened-in, full outdoor living/dining room with staircase access to the heated 40-foot lap pool.The average asking price for a 3 bedroom/2 bath single family residence in this Zip code is $423,650. This single family residence is listed at about 220% of the average asking price. This is the only 3 bedroom/2 bath single family residence between $800,000 and $1,200,000 currently listed for sale in this Zip code.