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An investor's paradise! Introducing 7661 Fairfax Dr, affectionately termed "The Oasis". This unparalleled 12-bedroom marvel is nestled in the heart of Encore Resort, boasting 12.5 bathrooms, sprawling over 6,300 square feet, and accommodating up to 30 guests. It features the most spacious floor plan in the Encore Resort, a rarity that spikes its demand. Over the last two years, "The Oasis" has impressively generated an average of $224,000 in annual gross rents, maintaining a 62% occupancy rate with an average nightly rate of ~$1000/night. This home already has $116K+ on the books for 2024 and beyond! Initially acquired unfurnished in 2021, approximately $400,000 was invested in elevating its interiors and exteriors with luxurious furnishings, themed spaces, and an entertainment-packed game room. A recent addition includes a substantial 20.4 kilowatt Tesla solar system, fully paid off before closing, slicing the average monthly electric bill down to ~$200. Both adults and younger guests have a variety of options to choose from with uniquely themed sleeping areas. Options range from the enchanting forest-themed bunk rooms, a deep-sea submarine chamber, to a whimsical Dr. Seuss-inspired sanctuary. Entertainment is on another level with a custom ~$25k 1965 Ford Mustang pool table, dual classic upright arcades for challenging the highest scores, and custom DJ lighting that sets an unparalleled ambiance. The property also features a theater room, equipped with a large projector screen and plush custom seating for over ten viewers, promising endless nights of movies and relaxation. "The Oasis" redefines luxury living and entertainment, offering an unmatched experience. Guests will enjoy the amenities at the Encore at Reunion Resort including a spectacular clubhouse, award winning restaurant, a Water Park, full-service spa, two playgrounds, state-of-the-art gym, basketball, volleyball & tennis courts. The HOA fee covers 24-hour gated entrances & roaming security, trash pickup, & an annual exterior house cleaning. A concierge desk is available at the clubhouse to assist with booking tickets, meals, airline check ins, resort provided shuttles to parks, & more. Enjoy being minutes away from three golf courses and in the heart of attractions, shopping, dining and more. Call us today to schedule your private tour!
| DAYS ON MARKET | 66 | LAST UPDATED | 3/27/2024 |
|---|---|---|---|
| TRACT | REUNION WEST PH 2B WEST | YEAR BUILT | 2019 |
| COMMUNITY | 34747 - Kissimmee/Celebration | GARAGE SPACES | 2.0 |
| COUNTY | Osceola | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Cable TV, Internet, Maintenance Grounds, Pest Control, Security, Trash |
| APPLIANCES | Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Wine Refrigerator |
| AREA | 34747 - Kissimmee/Celebration |
| BUYER'S BROKERAGE COMPENSATION | 2% |
| CONSTRUCTION | Block, Stucco |
| EXTERIOR | Balcony, Lighting, Outdoor Grill, Outdoor Shower |
| GARAGE | Yes |
| HEAT | Electric |
| INTERIOR | High Ceilings, Open Floorplan, Stone Counters, Walk-In Closet(s), Wet Bar |
| LOT | 10454 sq ft |
| LOT DESCRIPTION | Landscaped, Paved, Private |
| PARKING | Driveway, Garage Door Opener, Attached |
| POOL | Yes |
| POOL DESCRIPTION | Gunite, Heated, Private |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Cottage, Florida |
| SUBDIVISION | REUNION WEST PH 2B WEST |
| TAXES | 18431.37 |
| UTILITIES | Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected |
| WATER | Public |
| ZONING | RES |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Kelly French, KELLY FRENCH REAL ESTATE INC
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/6/24 3:30 AM PDT.
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