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After multiple price cuts, baseball legend Barry Larkin has finally scored a sale of his Orlando, FL, home for $4,587,500. The property has been on the market since 2012, and it’s the end of an eight-year sales saga.
The Hall of Fame shortstop and his wife, Lisa, built a custom abode that suited their tastes but clearly wasn’t for everyone.
“It’s going to take a specific buyer to see what we have here,” Larkin told the Wall Street Journal in September, when the couple relisted the mansion for $5.4 million. That price tag finally encouraged a buyer to take a swing, and the place sold this month.
This success came after years of failed attempts to find a buyer, and and a deal that was half what the couple had been hoping to fetch for the home. It was listed in 2012 for $10.9 million, but no buyers stepped up to the plate. In 2014, the couple cut the price to $9.6 million.
In 2016, when we caught up with the ballplayer’s real estate travails, the price was slashed to $6.9 million. Last year, the ask was chopped yet again by another $1 million. This fall, the couple settled on a final asking price for the waterfront residence that was in the right ballpark to shake loose a buyer.
Despite buyers’ apprehension, the home itself appears to be a score.
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Built in 1998, the eclectic estate features seven bedrooms, 10.5 bathrooms, and 14,777 square feet. Set on 2.46 waterfront acres, the grounds include a pool, gym, tennis court, and boat dock. Outside, you can entertain guests with two outdoor fireplaces and an outdoor theater.
Inside, the luxury abode opens to a 23-foot-high ceiling, a stained-glass rotunda, mosaic tile, and twin glass staircases. In addition, find a gourmet kitchen, and a formal living room with a two-story round glass wall overlooking the pool and lake.
Upstairs, the master suite includes a wet bar, fireplace, spa bath, and walk-in closets, as well as a separate sitting room.
Guest quarters include a kitchen and master suite. The property also has two elevators.
The location is adjacent to the Bay Hill golf community, and is also close to Disney World, Universal Studios, beaches, and the airport.
Now 55, Larkin starred at shortstop for the Cincinnati Reds from 1986 to 2004. The 12-time All-Star was inducted into the Baseball Hall of Fame in 2012.
Mark Santolin with Engel & Volkers represented the seller. The buyer was represented by Jean Lei with Keller Williams at the Lakes.
The post Holiday Miracle? After 8 Years, Barry Larkin Finally Sells Orlando Mansion appeared first on Real Estate News & Insights | realtor.com®.
source https://www.realtor.com/news/celebrity-real-estate/barry-larkin-finally-sells-orlando-mansion/
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