Price
$744,900
Property type
Single Family Residence
Status
Pending
Bedrooms
4 beds
Bathrooms
3 bath
Square feet
15474 Sqft
Year built
1987
Garages
1 cars
Lot size
15474 Sqft
Description
Under contract-accepting backup offers. **SELLER MOTIVATED! FLEXIBILITY FOR BUYER CREDIT WITH ACCEPTABLE OFFER!**
Welcome to 7449 Sparkling Lake Road, a spacious pool home in the heart of Dr. Phillips offering a rare combination of flexible living space, extensive updates, resort-style community amenities, and an unbeatable Southwest Orlando location.
From the moment you arrive, the expansive paver driveway and refreshed exterior set the tone. Inside, soaring vaulted ceilings, updated LED lighting, fresh paint, and plantation shutters create a bright and inviting atmosphere throughout the home. The kitchen is designed for both everyday living and entertaining, featuring built-in oven and microwave appliances, generous cabinetry and counter space, plus a dedicated coffee bar.
One of the standout features is the attached next-gen/flex suite, complete with its own full kitchen and direct access to the pool area through two sets of French doors. Whether used for multigenerational living, extended guests, a private home office, or additional flex space, this setup offers a level of versatility that is hard to find.
The spacious primary suite provides a comfortable retreat with vaulted ceilings and a large ensuite bathroom featuring an oversized soaking tub. Every bedroom also features an upgraded closet organization system, adding practical storage throughout the home.
Multiple living and entertaining spaces flow toward the screened pool and spa area, creating a natural connection between indoor and outdoor living. The pool and spa have been resurfaced with PebbleTec, with spa heating and a brand-new electrical panel dedicated to the pool equipment. The fenced backyard offers plenty of space to entertain, relax poolside, and enjoy Florida living year-round.
Major improvements within the last five years include a new roof, two new HVAC systems, replacement windows, resurfaced pool and spa, updated LED lighting, and refreshed interior paint. A new water heater was also installed last year, adding to the home's list of recent updates.
Storage is another major plus, with upgraded organization systems throughout the bedrooms and garage, garage storage cabinetry, a utility sink, and generous attic storage accessible from the garage.
Beyond the home, residents of Orange Tree enjoy access to an impressive 3.5-acre community recreation complex overlooking Lake Marsha. The centerpiece is a 5,000-square-foot recreation center surrounded by amenities including a community pool and spa, fitness center, tennis and pickleball courts, basketball and volleyball courts, racquetball/handball courts, a tot lot, and picnic areas. The recreation center also features an assembly and event space, kitchen, hobby room, conference room, restrooms with showers, and additional spaces available for community activities and private events.
Orange Tree is also home to a private golf club, which operates separately from the HOA. Golf memberships are handled directly through the club, giving homeowners the opportunity to explore membership separately if desired.
Located in highly desirable Dr. Phillips, just minutes from Restaurant Row, Trader Joe's, Whole Foods, the YMCA, shopping, golf, Orlando's world-renowned theme parks, and major roadways, 7449 Sparkling Lake Road delivers the space, flexibility, updates, private pool and spa lifestyle, community amenities, and location that make this area one of Orlando's most sought-after places to call home.
Location
Schools
Pets
Cafes
Restaurants
Frequently Asked Questions
Is it a good idea to buy a home in Kissimmee or Davenport to rent it on Airbnb?
Kissimmee and Davenport are two of the most profitable areas for vacation rentals near the Disney theme parks, thanks to year-round tourism demand. However, not all communities allow short-term rentals: you\'ll need to choose developments specifically zoned for short-term rental, such as ChampionsGate, Solara Resort, Storey Lake, Windsor Island, or Reunion. Profitability depends on the size of the home, average occupancy, and the cost of property management, HOA, and taxes. A well-located home can generate attractive income, though results may vary by season and how it\'s managed. At Florida HomeGroup Realty, we only show you Airbnb-approved properties and connect you with experienced vacation rental managers.
What are the closing costs and additional expenses when buying a property in Orlando?
When buying a property in Orlando, you should budget an additional 2% to 5% on top of the purchase price to cover closing costs. These typically include title insurance, title search, inspection, appraisal, prorated taxes, the first property insurance premium, and initial HOA fees if applicable. If you finance the purchase, add loan-related costs (origination, appraisal, and points). Property taxes in Florida usually range between 1% and 1.5% of the assessed value per year. Each transaction can vary depending on the area, property type, and builder. At Florida HomeGroup Realty, we provide a detailed estimate before you sign, so there are no surprises on closing day.
Is it better to buy a new construction home or a resale property in Orlando?
It depends on your goals. A new construction home usually comes with warranties, better energy efficiency, modern designs, and customization options; many builders also offer incentives such as rate buydowns or closing cost assistance. A resale property, on the other hand, may offer a more established location, mature landscaping, room to negotiate the price, and immediate availability. For vacation rental investment, new homes in short-term rental communities are often the preferred choice. Each decision depends on your budget, timing, and personal goals, so it\'s worth reviewing both options with a specialized advisor. At Florida HomeGroup Realty, we help you compare real options and negotiate with both builders and sellers.
Can I buy a house in Orlando if I\'m a foreigner and don\'t live in the United States?
Yes. In Florida, foreign buyers can purchase property without needing a visa, residency, or U.S. citizenship. The process is very similar to that of a local buyer: you submit an offer, complete the inspection, hire a title company, and close the deal. You\'ll only need a valid passport, proof of funds, and in some cases an ITIN for tax purposes. Keep in mind that regulations such as FIRPTA may apply when you sell the property, so it\'s wise to plan from the start. Each case can vary, which is why personalized guidance is recommended. At Florida HomeGroup Realty, we guide international buyers through every step with bilingual support and a fully transparent process.
What financing options are available to buy a home in Orlando if I\'m not a U.S. resident?
There are several alternatives to finance your Orlando property even if you live abroad. The most common is the foreign national loan, which usually requires a down payment between 25% and 35%, proof of income from your home country, and international bank references. Some buyers prefer to pay cash to close faster and refinance later. Interest rates for foreign buyers tend to be slightly higher than for local borrowers, and terms vary by lender. Each institution has its own policies, so it\'s recommended to review options with a specialized advisor before making an offer. At Florida HomeGroup Realty, we work with mortgage brokers who specialize in financing for international and Latin American buyers.
Veterans and Military Benefits
We work with Veterans specialists to provide expert guidance and access the exclusive homebuying benefits for those that have served. Find a Veterans real estate agent or VA loan officer today.
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