It isn’t often you’d hear someone say that paying almost $10 million for a home is a great deal.

One of just 11 Winter Park homes in the Isle of Sicily on Lake Maitland just sold for $9.7 million, according to a report in GrowthSpotter.

“This home has water on both sides, so you have water in the front of the house and the back of the house since it’s out on a point,” said John Pinel, who was listing the home with Mick Night, both with Premier Sotheby’s International Realty. “You go across a little bridge to get there.”

The 9,522-square-foot home was on the market for 327 days and was listed at just under $11 million.

“When you get around $10 million in Winter Park, there are buyers, but not a ton of buyers. We never did move the price the entire time,” Pinel said.

The home was built in 2014 and has five bedrooms and five full bathrooms along with a four-car garage with room for a lift, home automation, and other popular features buyers look for.

“It’s a challenge to find homes on the Chain of Lakes that are currently updated or newer construction so there’s always a demand for that,” Pinel said. “Most of the homes and properties that are selling on the Chain of Lakes are older or need renovating. They don’t have all the bells and whistles that multimillion dollar buyers want, so they have to go in and spend the time and energy to get that.”

Brian Mitnik with Re/Max 200 Realty represented the buyers and said his buyers got a great deal and avoided a major renovation or a multi-year build.

“It’s one of the most special lots and I believe the land is worth about $9 million bucks,” Mitnik said. “So if they would have built, you’re talking about another eight or nine (million dollars) to build.”

Public records show the buyers as Sean Egan and Wenrong Hu.

Mitnik told GrowthSpotter the water views and the location near the Winter Park Racquet Club were especially appealing to the buyers.

Public records show the sellers as Kerry and Steven Parker. Steven Parker has a background in homebuilding and is currently the President and COO of Park Square Homes.

Pinel said they bought a previous home on the property in 2006 and lived in it a few years before building this home.

The kitchen has two large islands, two dishwashers, other high-end appliances, a wine room, and more.

“It’s a beautiful kitchen and has a little butler’s pantry behind the kitchen that can help for entertaining and keep things out of the way,” Pinel said.

Outside, the summer kitchen is near a pool and boat dock.

“It’s got a lot of fire features around the pool and fire a pit and just great views from the back.”

The primary suite is on the lower level and has two dressing areas, a fireplace, steam room, and a bar with a refrigerator.

Pinel said the home has a good floorplan with many ways to enjoy the views of the lake.

“Only five of the 11 homes (on the Isle of Sicily) have that situation where you have water on both sides.”

“I think the Isle of Sicily is one of the most special spots in all of Orlando,” Mitnik said. “There are not many lakefront properties in Winter Park out there and there is very little inventory that you didn’t have to build.”

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