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119 Sunset Terrace

Lake Placid, FL 33852
  • $1,299,900
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 321563
UPDATED: 48 min ago
$1,299,900
  • 6
    BEDS
  • 1.14
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,022
    SQFT
  • $323
    $/SQFT
Type:
Single-Family Home
Built:
2004
County:
Area:

School Ratings & Info

Description

Open House Sat Jan 24, 11:00AM-2:00PMLive the vacation-resort lifestyle year-round!This exceptional lakefront retreat offers an outstanding rental history, generating over $100,000 a year in vacation rental income the past four years—making it an ideal investment, second home, or full-time residence.Beautifully appointed, this 6-bedroom, 4-bathroom home sits on just over one acre along the clear, sandy-bottom shores of Lake Placid. The three-story layout is designed to capture breathtaking lake views from every level.The gourmet kitchen is a chef’s dream, featuring granite countertops, abundant cabinetry, upgraded appliances, a gas stove, and a double wall oven. The living room with fireplace opens seamlessly to a massive, screened rear porch complete with an outdoor kitchen, all overlooking the updated composite dock and expansive lake views—perfect for entertaining or relaxing lakeside.The first floor includes two bedrooms and two bathrooms, while the second floor offers four additional bedrooms and two bathrooms. The primary suite boasts its own oversized screened balcony with spa, showcasing incredible panoramic lake views. The third floor features a 12 x 63 loft, currently used as a game room or seventh bedroom, providing flexible space for guests or recreation.Outside, the private front yard offers ample room to store boats, trailers, and toys, with plenty of space for kids and pets to run and play—or the opportunity to add a large shop or garage.This home is being sold fully furnished, making it truly turnkey and ready for immediate enjoyment or continued vacation rental income.This one-of-a-kind lakefront property truly must be seen to be appreciated.

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© 2026 Heartland Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Heritage Group. Data last updated: 2026-02-10T06:42:40.01.
www.flheritagegroup.com/homes/172044112
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119 Sunset Terrace Lake Placid, FL 33852

  • Price: $1,299,900
  • Status: Active
  • On Site: 28 Days
  • Updated: 48 min ago
  • MLS #: 321563
6
Beds
4
Baths
0
½ Baths
1.14
Acres
4,022
SQFT
$323
$/SQFT
2004
Built
County:
Highlands
Area:
Highlands
Property Description
Open House Sat Jan 24, 11:00AM-2:00PMLive the vacation-resort lifestyle year-round!This exceptional lakefront retreat offers an outstanding rental history, generating over $100,000 a year in vacation rental income the past four years—making it an ideal investment, second home, or full-time residence.Beautifully appointed, this 6-bedroom, 4-bathroom home sits on just over one acre along the clear, sandy-bottom shores of Lake Placid. The three-story layout is designed to capture breathtaking lake views from every level.The gourmet kitchen is a chef’s dream, featuring granite countertops, abundant cabinetry, upgraded appliances, a gas stove, and a double wall oven. The living room with fireplace opens seamlessly to a massive, screened rear porch complete with an outdoor kitchen, all overlooking the updated composite dock and expansive lake views—perfect for entertaining or relaxing lakeside.The first floor includes two bedrooms and two bathrooms, while the second floor offers four additional bedrooms and two bathrooms. The primary suite boasts its own oversized screened balcony with spa, showcasing incredible panoramic lake views. The third floor features a 12 x 63 loft, currently used as a game room or seventh bedroom, providing flexible space for guests or recreation.Outside, the private front yard offers ample room to store boats, trailers, and toys, with plenty of space for kids and pets to run and play—or the opportunity to add a large shop or garage.This home is being sold fully furnished, making it truly turnkey and ready for immediate enjoyment or continued vacation rental income.This one-of-a-kind lakefront property truly must be seen to be appreciated.
Exterior Features

Architectural Style Mid Rise Construction Materials BlockConcrete Garage YN Yes Parking Features Garage Patio And Porch Features Rear PorchFront PorchOpenScreened Road Surface Type Paved Roof Metal View Lake View YN Yes

Interior Features

Building Area Total 4436 Cooling Central AirElectric Cooling YN Yes Flooring TileVinyl Furnished Furnished Heating CentralElectric Heating YN Yes Interior Features Furnished Rooms Porch (Main Level) Primary Bathroom (Second Level) Bathroom 3 (Second Level) Bathroom 2 (Main Level) Bathroom 1 (Main Level) Living Room (Main Level) Dining Room (Main Level) Game Room (Third Level) Primary Bedroom (Second Level) Bedroom 5 (Second Level) Bedroom 4 (Second Level) Bedroom 3 (Second Level) Bedroom 2 (Main Level) Bedroom 1 (Main Level)

Property Features

Association YN No Frontage Length 50 Frontage Type Lakefront Listing Terms CashConventional Pool Features None Property Condition Resale Property Sub Type Single Family Residence Sewer None Special Listing Conditions None Tax Annual Amount 7706.69 Tax Year 2025 Utilities Sewer Not Available Water Source PrivateWell Zoning Description R1

Listing provided by Keller Williams Realty Fort Myers and the Islands: 239-236-4350: 239-236-4350.


© 2026 Heartland Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Heritage Group. Data last updated: 2026-02-10T06:42:40.01.
 
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Heritage Group
209 N Ridge Wood Dr
Sebring FL, 33870