7554 Lake Forest Cir Port Richey FL 34668 MLS T3473000

$820,000

Reduced By $5,000
last change 9/27/2023

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Home Description: 7554 Lake Forest Cir

Welcome to 7554 Lake Forest Circle in Port Richey Florida! Come check out this amazing property full of endless possibilities! Unbeatable Value: Priced $115,000 Below Appraisal! This 5209 SQ FT heaven on a sprawling 2.65-acre lot in Forest Lake Estates is a gem. Featuring 4 spacious bedrooms, 4.5 baths, and a pool, it's nestled amidst the natural beauty of Port Richey. Conveniently close to Pasco County's amenities, this is a truly rare find. Step through the double front doors into a grand foyer with a massive picture window offering serene views of the backyard and pool deck. To your left, is a magnificent sitting room with walls of windows that bring the outdoors inside. The spacious kitchen and dining area feature new cabinets, a large island with a cooktop, and stainless steel appliances. Further inside, discover a sprawling room that could serve as a media or games room, complete with a bar area and a powder room. Ideal for entertaining! The pool area can be accessed via sliding doors from this space. There's also an office with double doors leading to the pool area, which could easily become a 5th bedroom if needed. The additional bedrooms are to the right of the foyer. The home boasts a massive master bedroom suite, 21ft by 21.6 ft, with bay windows and a master bath measuring 15ft by 18.6 ft, featuring an enormous jacuzzi tub at its center. Two spacious bedrooms share a Jack and Jill bathroom. A large laundry room, measuring 9ft by 11ft, includes a wall-to-wall closet and leads out to the two-car garage. Additionally, the property offers a true mother-in-law suite with its own kitchen, a large L-shaped living/dining room (23ft x 23 ft), a spacious bedroom with an en-suite bathroom, and direct access to the deck/pool area. Outdoor space abounds, with ample parking for all your vehicles, including two garages (a large 2-car garage and a separate 1-car garage). The property's potential is limitless; it could comfortably accommodate two families or provide rental income. The front room could be transformed into two additional large bedrooms, making it a 7-bedroom home, and the media/games room could become a vast great room. The roof was replaced in 2019, and the home boasts three AC systems for ultimate comfort. Outside, don't miss the six fruit trees—2 peach, 2 plum, 1 apple, and 1 pear—offering the pleasure of fresh fruit from your backyard. The property's rear pond is adorned with fruit-laden grapevines. This property is not just a home; it's an incredible opportunity. It's perfect for an assisted living facility or a group home. The motivated seller is eager to make a deal, so don't hesitate! The home was appraised for $940,000, and the appraisal report is available upon request. This is a must-see property with endless potential!