The Address Book | Issue 4

Page 1

THE ADDRESS BOOk

4649 New Broad Street. See page 3 for details.

PROPERTY PORTFOliO

JANUARY / FEBRUARY 2009

iSSUE 4


Last January,

The Address Book is published by New Broad Street Realty. 4926 New Broad Street Orlando, Florida 32814 t. 407.529.3800 f. 407.529.3801 NewBroadStreetRealty.com Open Daily Tuesday – Saturday 10 am to 6 pm Sunday and Monday 12 noon to 6 pm Broker David Pace General Manager Barbara Koenig Sales Associates Beth Barlowe Pamela Beatty Trenton Koch

hopes were high for a real estate recovery in 2008 despite record inventories of homes for sale. Then came the mortgage meltdown. Hasta luego Wachovia, WaMu and investment banks. Short sales and foreclosures dominated coffee shop conversation. The Dow began its nauseating roller coaster ride. Unemployment spiked. The effect on real estate values in several overbuilt speculative markets, notably Las Vegas and Miami, was catastrophic. But like politics, all real estate is local. In some pockets of the U.S. housing values and sales volume have held steady. The down market has proven the perennial wisdom that location is everything. In Central Florida, the close-to-downtown traditional neighborhoods – including Baldwin Park, Winter Park, and College Park – continue to show healthy signs including slowly decreasing inventories. According to data reported by the Mid-Florida Regional MLS, 2008 sales in 32814, 32789 and 32804 exceeded $280 million, and 55 homes sold for over $1 million. Sales prices averaged 92.1% of asking price. An additional 80 sales were pending as of December 31. In Baldwin Park, 223 homes were sold in 2008, 78 of which were resales. An additional 74 sales, including new homes under construction, were pending on December 31. The average sales price per square foot was 16.1% lower than in 2007, reflecting fewer sales of homes over $1 million (6 in 2008 vs. 17 in 2007) and 14 transactions involving short sales and bank-owned properties. If you’re in a position to buy a home now, there are many good values to be found and excellent mortgage rates available for qualified borrowers. Though no one can predict where home prices will go over the short term, the neighborhoods that have held value best in the past are the same ones that will prove to not only be a good investment but a great place to call home for years to come. We wish all of our friends and neighbors a very happy and prosperous 2009.

Linda Loudon Nichole Martin Sales Operations Manager Joyce Delgado

Market facts* - 4th quarter 2008

Customer Relations Manager Sarah Campbell

baldwin park Zip Code 32814

©2009 New Broad Street Realty, LLC. Licensed Real Estate Broker. These materials are conceptual in nature and subject to change or cancellation, in whole or in part, at any time without notice. Accordingly, neither these materials nor any communication made or given in connection with these materials may be deemed to constitute any representation or warranty or may otherwise be relied upon by any person or entity. The ultimate boundaries of the community, school assignments, permissible land uses and other matters relating to the development of the community are subject to applicable governmental laws and the decisions of governmental bodies and are subject to change from time to time. These materials do not constitute an offer or solicitation of any kind nor are they intended to be distributed in, or constitute an offer to sell property in any state which requires registration as a prerequisite to sales of out-ofstate residential property. Information regarding individual homes, including but not limited to size and features, may have been provided by third parties and are not warranted by New Broad Street Realty, LLC. Prices and availability subject to change.

130

Homes For Sale

49

Homes Sold Q4 08

$421,185

Average Sales Price Q4 08

178

Average Days on Market Q4 08

College park Zip Code 32804

276

Homes For Sale

50

Homes Sold Q4 08

$283,658

Average Sales Price Q4 08

130

Average Days on Market Q4 08

Winter park Zip Code 32789

508

Homes For Sale

47

Homes Sold Q4 08

$533,723

Average Sales Price Q4 08

206

Average Days on Market Q4 08

*All data provided by the Mid-Florida Regional MLS. Information contained herein deemed to be reliable but not guaranteed. Baldwin Park sales figures include new home sales not reported in the MLS as reported by the Baldwin Park Development Company.


FeaturedHome

4649 New Broad Street, Baldwin Park — $2,370,130 5,407 sf, 4 bedrooms, 4 full and 3 half baths Inspired by historic colonial homes in the South’s most appealing city, “Charleston” by Goehring & Morgan has an enviable New Broad Street address and a park view from the gracious brick front porch. The home wraps around one of the largest back yards in Baldwin Park with lush landscaping, a huge free-form pool and a covered outdoor room with fireplace and summer kitchen. Inside, traditional craftsmanship abounds in rich moldings, arches and ceiling details. A dramatic great room with

fireplace spans the home from front to back and leads to the master wing. The downstairs den can double as a fifth bedroom. The prime gathering spot is a kitchen built for entertaining, with GE Monogram stainless appliances including a 48” gas range, three ovens, microwave, warming drawer and dishwasher plus a 2-drawer split dishwasher, counter space galore and an enormous walk-in pantry. A media room and game loft are adjacent to the upstairs bedrooms.

4649NewBroad.com

Baldwin Park

NewBroadStreetRealty.com

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Prices and availability subject to change without notice.


BAlDwiN PARk Baldwin Park is a thriving new neighborhood on the site of the former Orlando Naval Training Center, ideally located between downtown Orlando and Winter Park, and close to cultural institutions and sports venues. Residents enjoy more than 400 acres of parks and lakes, three A-rated public schools, more than 50 miles of bike paths and trails, neighborhood pools, and a lively Village Center with Publix, CVS, banks, shops and restaurants. Beautiful traditional architecture, good planning and a wide range of home styles and prices make Baldwin Park an appealing choice for people of all ages.

5006 benwick alleY, baldwin park — $5,244,000 7,316 sf, 4 bedrooms, 5 full and 1 half baths Charles Clayton Construction sets the standard for eco-luxury in “Tradewinds,” a spectacular new, fully-furnished Baldwin Park home. Designed by award-winning architect Geoffrey Mouen, this Florida Certified Green Home on serene Lake Susannah is a perfect marriage of high-performance building systems and classical architectural principles. Glass walls surround a dramatic pool courtyard with fire bowls, a waterwall, teak

decking and a full outdoor kitchen. The west wing on the main level includes a light-filled kitchen, dining and living area that’s perfect for entertaining. The opposite wing is an expansive private master suite. Rare craftsmanship and attention to detail are the hallmarks of this one-of-a-kind must-have home, just two walkable blocks from shopping and restaurants. A Parade of Homes 1st place winner and Builder Magazine show home.

5006benwick.coM

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NewBroadStreetRealty.com

Prices and availability subject to change without notice.

BAlDwiN PARk


4400 New Broad Street, Baldwin Park $2,995,000 6,598 sf, 5 bedrooms, 5 full and 1 half baths This exquisitely built new Baldwin Park home by Goehring and Morgan showcases integrated touch screen technology that controls security and audio systems, lighting, HVAC, and home monitoring. The fine craftsmanship and luxurious furnishings create a warm environment for formal entertaining and everyday living. The kitchen is equipped with everything to make large-scale entertaining a breeze, including an 8-burner gas cooktop, double oven, dual refrigerators and dishwashers and trash compactor. The covered lanai is a huge outdoor living room, complete with fireplace, summer kitchen and flat screen TV. The pool area is paved in travertine and framed by a high wall with waterfall. The master suite features a morning kitchen with microwave, 2-drawer refrigerator, custom closet systems and the Kohler DTV custom shower experience. Other features are a studio garage apartment, wine cellar, 8 Samsung TVs and a generator. This handsome, intricately detailed home is one of the finest on desirable New Broad Street. 4400NewBroad.com

4001 upper union road, baldwin park $2,895,000 6,204 sf, 5 bedrooms, 5 full and 2 half baths

4041 upper union road, baldwin park $2,595,000 5,975 sf, 5 bedrooms, 5 full and 3 half baths

This new Mediterranean custom home in Baldwin Park features the best of everything. “Amorosa” takes full advantage of its prominent corner lot on desirable Union Park with a deep, colonnade porch. The front gallery leads to two outdoor living rooms, both surrounding the walled garden with pool and spa. Nowhere is CAHILL’s renowned design more evident than in the downstairs master suite with a morning kitchen, elegant bath, enormous closet and covered porch.

The “Joli” by CAHILL, ideally located on big, beautiful Union Park, features custom craftsmanship, rich materials and home automation. The heart of this very livable new Baldwin Park home is a cook’s dream kitchen with two islands, butler pantry and Sub-Zero and Wolf appliances. The beautifully detailed family room with gas fireplace opens onto and outdoor room with retractable screens and a pool terrace with spa, cabana and summer kitchen. An enormous master suite includes a signature closet with secret storage.

4001UpperUnion.com

4041UpperUnion.com

Baldwin Park

NewBroadStreetRealty.com

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Prices and availability subject to change without notice.


4081 Upper Union Road, Baldwin Park $1,500,000 5,594 sf, 5 bedrooms, 6 full baths “La Cancion” by Keith Field Homes is a romantic Mediterranean home overlooking the grandfather oaks of Union Park. The impressive stone entryway leads to formal and informal living areas on the first level, a wine room with iron gate, along with a master suite and downstairs guest suite. The kitchen features custom cabinets, a huge island, Sub-Zero and Wolf appliances and abundant storage. A library with adjacent full bath and above-garage bonus room and bath give lots of options for guests. Porches, verandas and a huge outdoor living area overlooking the free-form pool, spa and summer kitchen add to the sunny disposition of this finely crafted new home. 4081upperunion.com

4525 New Broad Street, Baldwin Park $1,595,000 5,050 sf, 4 bedrooms, 5 full baths

4349 New Broad Street, baldwin park $1,150,000 4,288 sf, 5 bedrooms, 4 full baths

Value abounds in this stately new home by Rex-Tibbs Construction. A deep front porch with a full covered balcony overlooks the pond and park below, while the back porch leads to the pool and spa surrounded by Old Chicago brick pavers. The home features formal living and dining rooms, plus a huge family room and kitchen. The downstairs master wing includes a study. An upstairs playroom is shared by three bedrooms with individual baths. A second rear stairway leads to a bonus room above the 3-car garage.

This beautifully proportioned French chateau-style home has an expansive slate patio in front. The interior is bright and airy, thanks to large windows and French doors. The downstairs features a formal living room with fireplace, formal dining room, large open kitchen-breakfast-family room with builtins, Wolf and Sub-Zero appliances, a master suite with sitting area and an adjacent room that’s an ideal office or nursery. Three large bedrooms, a loft and playroom are upstairs. A large covered patio overlooks the pool and spa.

4525NewBroad.com

4349NewBroad.com

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NewBroadStreetRealty.com

Prices and availability subject to change without notice.

Baldwin Park


4333 new broad street, baldwin park — $2,795,000 The “Montecito” by Charles Clayton Construction is a study in elegance coupled with whimsical touches. This stately new home draws the visitor into a grand two-story entry turret with dark tongue and groove wood ceiling. The Nana wall system in the living room and family room pushes away to let the outside in and give access to the courtyard that includes an outdoor fireplace, free-form pool with raised infinity-edge spa, and

5,863 sf, 5 bedrooms, 4 full and 2 half baths

gazebo featuring summer kitchen with hand-painted tiles. The kitchen has ornate tile work, Sub-Zero and Wolf appliances and a built-in Miele coffee maker. A huge master suite and library fills one side of the downstairs while the opposite side is a family room and kitchen area with access to a private courtyard garden. The one-bedroom garage apartment has its own kitchen and living areas along with private access.

4649newbroad.coM

2751 Meeting place, baldwin park $1,245,000 4,135 sf, 4 bedrooms, 5 full and 1 half baths Custom home builder Keith Field has created a “just the right size” new home on desirable Longivew Park in Baldwin Park. This sunny French Country style home, “La Vie en Rose,” is big on airy, open living spaces that overlook the outdoor porch, pool, and spa. The large, open kitchen features Wolf, Bosch and Sub-Zero appliances and a big central island. A downstairs study can double as a second master suite or guest bedroom, as can the large bonus room and bath above the garage. Other special features include custom cabinetry in the kitchen, baths and laundry; wide plank red oak floors; high efficiency Trane heat pumps; and brick porches and walkways. 2751Meeting.coM

BAlDwiN PARk

NewBroadStreetRealty.com

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Prices and availability subject to change without notice.


Buy a lot. Build here.

Baldwin Park Prices and availability subject to change without notice.

Enjoy the Baldwin P residence with one choose from over 5 a one-of-a-kind hom distance to the Vi Homesites for sale f


Park lifestyle in the home of your dreams by building a custom e of the eight Baldwin Park custom homebuilders. You can 50 pre-approved floorplans or work with an architect to create me. Premier custom homesites on private parks, within walking illage Center and with views of Lake Susannah are available. from $278,500 to $968,400.

NewBroadStreetRealty.com

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SOLD 2000 Robin Road, Baldwin Park $1,649,900 4,994 sf, 4 bedrooms, 4 full and 1 half baths

2551 Lake Baldwin Lane, Baldwin Park $899,000 4,068 sf, 4 bedrooms, 4 full baths

This new home by Keith Field Homes features a broad brick front porch with full balcony above, both overlooking beautiful Union Park. Full-length colonial windows and a private interior courtyard make this home a sunny, private retreat. Downstairs you’ll find gleaming oak floors, a brick lined wine cellar with wrought iron gates, a study parlor, formal dining room, and two master suites, both with courtyard access. The big open family room and kitchen area has extensive built-ins and a large island bar. The family room doors slide open to a covered patio with summer kitchen, the splash pool with jets, and a sitting area with outdoor fireplace.

The Dorchester Coastal by Issa Homes has been one of the most popular onestory floor plans built in Baldwin Park, and this is the final one. This home has it all — custom master closet, plantation shutters, expanded square footage, a bonus room, outdoor fireplace, and extensive upgrades throughout. Located on the northern shore of Lake Baldwin, this home is across the street from the 2.5 mile trail that circles the lake and joins the Cady Way Trail. 2551LakeBaldwin.com

2000Robin.com

3912 Lower Park Road, Baldwin Park $895,000 3,695 sf, 5 bedrooms, 4 full and 1 half baths

Enjoy the scenic view of Lake Baldwin from the second story covered porch of the Wentworth Monterey. This new Baldwin Park home sits on a large corner lot that also offers view of High Park with its unique water feature. The kitchen/family room area is perfect for entertaining and is fully equipped with GE Monogram stainless steel appliances and butler’s pantry.

Step inside to a bright foyer and lots of open space with formal living and dining rooms, an expansive kitchen and family room with adjacent breakfast nook and sunroom, a private study and downstairs master suite. Plantation shutters and shades throughout. Above the 3-car garage you’ll find a full in-law suite, complete with kitchen and bath. The well-landscaped yard has plenty of room for a pool and recreation.

2401LakeBaldwin.com

3912LowerPark.com

SOLD

2401 Lake Baldwin Lane, Baldwin Park $1,050,000 5,057 sf, 5 bedrooms, 5 full and 1 half baths

10

NewBroadStreetRealty.com

Prices and availability subject to change without notice.

Baldwin Park


2975 Lindale Avenue, Baldwin Park $595,000 3,460 sf, 4 bedrooms, 3 full and 1 half baths This immaculate home is loaded with value. Just a short walk to High Park neighborhood pool and Winter Park High School, this beautiful home has a deep front porch overlooking a quiet street, and a private fenced side yard. The open floorplan has upgraded wood floors throughout, crown molding and custom blinds. The gourmet kitchen has granite countertops, stainless steel appliances, 42” cabinets and tons of extra storage. The upstairs has a builtin desk between the 2nd and 3rd bedrooms as well as a large bonus room. The one-bedroom garage apartment has a private entrance and its own garage. Home and apartment are fully equipped with all appliances, including front load washers/dryers. 2975Lindale.com

3657 Ethan Lane, Baldwin Park $639,000 3,174 sf, 4 bedrooms, 3 full and 1 half baths

5188 Dorwin Place, Baldwin Park $845,000 3,989 sf, 5 bedrooms, 4 full and 1 half baths

This single-story Brames Victorian floor plan is located on a quiet street, one block from Blue Jacket Park. Once inside, a large family room with built-in bookcases and fireplace opens onto an island kitchen featuring 42” cabinets and granite countertops. There is a retreat/play area between two bedrooms and shared bath. The master has a tray ceiling and custom built-ins in the walk-in closet. A private suite with full bath above the garage makes this versatile home perfect for any family.

This traditional family home, located a block from the Baldwin Park Village Center, enjoys a view of both Lake Baldwin and Lake Susannah. As you enter the foyer, the warmth of the hand scraped wood floors carries you throughout the living, dining, family room and enhances the winding custom staircase. Conveniently located within its own private wing sits the first floor master suite. Over the generous 3-car garage you’ll find a complete one bedroom apartment perfect for in-laws or nanny. Also available for lease or lease purchase.

3657Ethan.com

Baldwin Park

5188Dorwin.com

NewBroadStreetRealty.com

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Prices and availability subject to change without notice.


N Pr ew ic e 4032 Wardell Place, Baldwin Park — $509,900 Stylishly decorated and in true move-in condition, this impeccable Baldwin Park Mediterranean on a quiet street is close to Longview Park, Blue Jacket Park and Glenridge Middle School. Great flow between rooms, with graceful arched doorways. Quiet first floor office/study. Handsome porcelain tile foyer with medallion inlay. Gleaming Sicilian teak floors in the light-filled living, dining and family rooms. Designer window

2,710 sf, 3 bedrooms, 2 full and 1 half baths

valances. Large, open, kitchen with granite counters and island. Covered patio has outdoor drapes for style and privacy. Upstairs bedrooms arranged for maximum privacy. Large master suite with tray ceiling, garden tub and shower, double sink and walkin closet. Desk area in hallway, plus bonus room. Fenced yard, mature landscaping, private drive and side-entry two-car garage in back.

4032Wardell.com

1641 Lake Baldwin Lane, Baldwin Park $339,000 2,019 sf, 3 bedrooms, 2 full and 1 half baths The “Ashton” is one of the last remaining new townhomes in Baldwin Park. This home’s premier location is steps away from Lake Baldwin, Publix, CVS and the boutique shopping and waterfront dining found in the Village Center. Inside, you’ll find a light-filled kitchen with an island, stainless steel GE appliances, Tropical Brown granite countertops, and handsome Marquis Maple cabinetry, complete with a suede glaze, under cabinet lighting and crown molding. This popular floor plan provides both formal and informal living and dining areas on the first floor. Upstairs, the master suite offers a walk-in closet and bathroom with a sitting tub and separate shower. This home features other fine details, including crown molding and 18” designer tile in foyer, kitchen, family room and half bath. Outside, a fenced courtyard between the home and the detached two-car garage creates a private outdoor living room not often found in a townhome. 1641LakeBaldwin.com

12

NewBroadStreetRealty.com

Prices and availability subject to change without notice.

Baldwin Park


1613 Lake Baldwin Lane, Baldwin Park $337,000 2,019 sf, 3 bedrooms, 2 full and 1 half baths

Enjoy spectacular sunrise and sunset views from your wrap-around porch overlooking 55-acre Blue Jacket Park. This barely lived-in ground floor condo features a bright floor plan and lots of upgrades. Designer tile and crown molding. Granite countertops, and stainless steel appliances. Garden tub, separate shower, double sinks and granite countertops in master suite. Fullsize washer and dryer. One-car attached garage.

This popular floor plan provides both formal and informal living and dining areas on the first floor. Upstairs, the master suite offers a walk-in closet and bathroom with a sitting tub and separate shower. Outside, a fenced courtyard between the home and the detached two-car garage creates a private outdoor living room not often found in a townhome.

4350LowerPark.com

1613LakeBaldwin.com

995 Juel Street, Baldwin Park $299,900 1,823 sf, 2 bedrooms, 2 full and 1 half baths

1649 Lake Baldwin Lane, Baldwin Park $375,000 2,019 sf, 2 bedrooms, 2 full and 1 half baths

This Baldwin Park townhome is across from large, single-family homes on a quiet tree-lined street. Upon entering the home you will find hickory wood flooring, plantation shutters in the living room and study that also features built-in bookcases. Decorator tile in the family room and kitchen. Open kitchen with dining area, work island and pantry. Two master suites, each with a private bath, double sinks and walk-in closet. Private screened porch overlooks freshly landscaped, fenced yard. Brick walkway leads to two-car garage. This home backs up to a secluded park area.

This home was previously a model townhome, and features designer paint colors and interior finishes. This popular floor plan provides both formal and informal living and dining areas on the first floor. Upstairs, the master suite offers a walk-in closet and bathroom with a sitting tub and separate shower. This home features other fine details, including hardwood floors, crown molding, upgraded light fixtures and additional pre-wiring for data, video, phone, security and audio systems. Outside, a fenced courtyard between the home and the two-car garage creates a private outdoor living room.

995Juel.com

1649LakeBaldwin.com

SOLD

4350 Lower Park Road #102, Baldwin Park $355,000 1,668 sf, 3 bedrooms, 2 full baths

Baldwin Park

NewBroadStreetRealty.com

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Prices and availability subject to change without notice.


wiNTER PARk

Winter Park was founded as a resort destination by wealthy New England industrialists in the late 1800s and today is recognized as one of Florida’s most desirable addresses. Home to Rollins College, the tree-lined city of 25,000 is built around a scenic chain of lakes, and is an easy 15-minute drive to downtown Orlando. Winter Park’s main street, Park Avenue, features exclusive boutiques, sidewalk cafes, galleries, a large park, train station, a 9-hole golf course, a Saturday farmers’ market, and an acclaimed annual Sidewalk Art Festival.

2821 suMMerfield road, winter park – $379,900 2,585 sf, 4 bedrooms, 2 full baths This Winter Park home is located on scenic oak-lined street in Golfside Community, less than a block from Winter Pines Golf Club and walking distance to A-rated Winter Park High School and the Cady Way Trail. The focal point of the home is a huge family room where everyone can live a little, overlooking the professionally landscaped fenced yard with heated pool and

brick paver patio. The formal dining room and updated kitchen feature wood floors, and connect with the living room for great entertainment flow. Master bedroom includes en suite bath and sliding plantation shutter doors. Home has a laundry room, two-car garage and large driveway with extra parking space for guests.

2821suMMerfield.coM

14

NewBroadStreetRealty.com

Prices and availability subject to change without notice.

wiNTER PARk


COllEGE PARk

Long regarded as Orlando’s favorite eclectic neighborhood, College Park has in recent years taken on the cachet of being hip and trendy, thanks to a vibrant restaurant and retail scene on Edgewater Drive. Conveniently located on the northwest edge of Downtown Orlando, College Park is filled with bungalow homes built in the early 1900s on brick-lined streets named for educational institutions. Luxury housing is found on the Orlando Country Club grounds or overlooking one of the neighborhood’s many lakes.

1129 west Yates street, college park $624,780 2,931 sf, 4 bedrooms, 3 full and 1 half baths Enjoy the luxury of living in a new home in an established traditional Orlando Neighborhood. David Weekley Homes’ signature architectural design is prevalent throughout the “Bellard,” under construction on a large, wooded lot in College Park. This plan offers a large study at the front of the home, a formal dining room, and a large kitchen with 42” upgraded cabinets, GE Profile stainless steel appliances, granite countertops, and a designer stone and ivory backsplash. The kitchen is adjacent to the large family room, breakfast nook and sitting area that overlook the covered lanai. The elegant master-suite includes a garden tub, shower area and 18” ceramic tile flooring. Popular upgrades include: crown moulding, recessed lighting, copper and distressed bronze light fixtures, structured wiring, security system, and a home theater pre-wiring package. This home is currently under construction, and the buyer may have the option to select features if they act quickly. newbroadstreetrealtY.coM

COllEGE PARk

NewBroadStreetRealty.com

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Prices and availability subject to change without notice.


Villa Florentine by Derrick Builders

showcase of luxury homes February 28 – March 15 Homes open to the public Saturdays and Sundays 1:00 p.m. – 5:00 p.m. Map and directions at OrlandoLuxuryShowcase.com © Baldwin Park Development Company. Prices and availability subject to change. Equal housing opportunity.

Enjoy an unprecedented luxury home buying experience in Baldwin Park where 9 showcase homes are available now from $1.2 million.

New Broad Street Realty 4926 New Broad Street Orlando, Florida 32814


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