UPDATED: Record-Breaking Residential Sale in Lake Alfred at $1.5M

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Aspire Group with Engel & Völkers Melbourne Beachside represent buyers in purchase of 3039 Old Lake Alfred Rd, most expensive residential property in Lake Alfred at $1.5M

Engel & Völkers Florida today announced the record-breaking sale of 3039 Old Lake Alfred Rd. Engel & Völkers Melbourne Beachside’s “Aspire Group,” Martha Melendez and Steve Stark represented the buyers in the $1,500,000 purchase, which was the highest price seen for a home in Lake Alfred, Florida.

“Our clients had a very refined vision of what their dream home would be,” said Melendez. “This led us to search far and wide across Florida. It was a thrilling experience to take road trips to show homes throughout the beautiful sunshine state. It turned out our clients had been eyeing this magnificent property for over a year, thinking it may only be a dream, but we were able to help make it their reality. They truly could not be happier!”

The notable transaction represents the highest residential sales price in Lake Alfred, and one of the highest in Polk County. Until the closing, 3039 Old Lake Alfred Rd was the most expensive single family home for sale in Lake Alfred, trailed by 200 Wgto Tower Rd at $1,249,000. According to Zillow, this home is valued 696-percent higher than the typical home in Lake Alfred and 617-percent higher than the typical home in Polk County. Home values in Lake Alfred have increased eight percent over the past twelve months and Zillow predicts that home values will continue to increase an additional five percent over the next year.

The seller is an international businessman, represented by Barry Macchione with RE/MAX Paramount Properties. The buyers are a husband and wife from Minnesota; he is a commercial pilot for a major airline and she works in the dental industry.

“Engel & Völkers is known for being a proponent of submarket specialization,” said Peter Giese, Chief Growth Officer at Engel & Völkers Florida. “While Martha and Steve are real estate experts in their local Brevard County market, they went above and beyond for these clients, who insisted on working with them no matter the area they decided to purchase a home in.”

This 10-acre ranch property has a 8,000 square-foot home with six bedrooms and six-and-a-half bathrooms; including a more than 1,000 square-foot master suite, complete with a sitting area, walk-in closet, side-by-side slipper bathtubs, surround sound and LED lighting. Custom built with the finest home defense technology, the entire dwelling is protected by a Control4 Home Automation System, which includes security cameras throughout the home and an internal safe room with control center. The kitchen is equipped with state-of-the-art Wolfe appliances. Entertainment features include a 12-seat home theater with surround sound, olympic pool, 12-person hot tub, fire pit, outdoor kitchen, travertine deck, and a golf driving pad. The 6-car garage is complete with an In-law suite above.

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About Engel & Völkers:

Engel & Völkers is a global luxury real estate brand. Founded in Hamburg, Germany in 1977, Engel & Völkers draws on its rich European history to deliver a fresh approach to luxury real estate in the Americas with a focus on creating a bespoke, white-glove concierge client experience at every stage of the home buying or selling process for today’s savvy homeowner. Engel & Völkers currently operates approximately 225 shop locations with more than 4,000 real estate advisors in the Americas, contributing to the brand’s global network of over 13,000 real estate professionals in more than 34 countries, offering both private and institutional clients a professionally tailored range of luxury services, including real estate, yachting and aviation. Committed to exceptional service, Engel & Völkers supports its advisors with an array of premium quality business services; marketing programs and platforms; as well as access to its global network of real estate professionals, property listings and market data. Each brokerage is independently owned and operated. For more information, visit evrealestate.com.

About Engel & Völkers Florida:

Engel & Völkers Florida is the Master License Partner of the global luxury real estate brand Engel & Völkers in the state of Florida. Recognized for uniquely recruiting, training and equipping some of the top professionals in the real estate industry, Engel & Völkers Florida’s exclusive franchise model positions its license partners at the top of the premium market to gain market share and support their bottom line. The company represents franchise locations in: 30A Beaches, Amelia Island, Belleair, Boca Raton, Bonita Springs-Estero, Cape Coral, Clermont, Delray Beach, Destin, Fort Lauderdale, Fort Myers Downtown, Gainesville, Hollywood Beach, Islamorada, Jacksonville, Jacksonville Beach, Jupiter, Madeira Beach, Marco Island, Melbourne Beachside, Melbourne Central, Melbourne Downtown, Miami Coconut Grove, Neptune Beach, Olde Naples, Orlando Downtown, Orlando-Winter Park, Palm Beach, Palm Coast, South Tampa, St. Augustine, St. Pete, St. Pete Beach, Stuart, Wellington, and Windermere.

Engel & Völkers Florida is continuing to strategically strengthen and expand its presence in premium real estate markets across the state of Florida. If you would like to know more about the Engel & Völkers brand or how to join its global network—which is known for demonstrating competence, exclusivity and passion, feel free to call our corporate office, located at 633 Tamiami Trl N, Suite 201, Naples, FL 34102 USA. Tel: +1 239-348-9000.

For more information about Engel & Völkers Florida, please visit florida.evrealestate.com

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Linzee Werkmeister
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