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For sale
  • Price cut: $70K (8/1)
    $929,000

    550 Lake Otis Dr SE, Winter Haven, FL 33880

    5beds
    6,232sqft
    : 
    Single Family Residence
    Built in 1964
    0.87 Acres Lot
    $909,300 Zestimate®
    $149/sqft
    $-- HOA

    What's special

    Sport poolCenter islandFront courtyardBrick patio balconyCovered porticoWood burning fireplaceDelectable herb garden
    NEW PRICE! AVAILABLE! NOW IS YOUR CHANCE TO OWN THIS LEEDY MID CENTURY MODERN LAKEFRONT HOME with a POOL! Unique opportunity to own a custom designed brick home by the renowned architect Gene Leedy! Leedy homes are rarely available for sale and similar in stature to the FLWright style of architecture. You will be amazed at the true beauty of this palatial residence. Brick, steel, concrete and glass are the main components of this homes construction. Plus a huge bonus is to enjoy the finished terrace level as well! Yes, a basement home in Florida! So this well designed home awaits your MCM decor. This property is a work of art to be garnered by one lucky buyer. Bedrooms and baths on every level. Primary bedroom located on the second level offers two walk in closets and built in drawer space. All bedrooms are very spacious, giving way to use all of them as residential suites. Great space to host work stations, play areas & workout spaces, laundry chutes, and custom built ins. All rooms have fabulous views of the Otis Chain of lakes, include Lake Otis, Lake Link and Little Otis. But not only will you have the lake area for boating, jet skis and wakeboarding you will be able to relax in the awesome sport pool which allows lap swim being one meter in length! Looking back at the home, you will be in awe of the abundance of balconies cantilevered off the rear of the home. These spacious outdoor retreats are great for relaxing & watching early morning sunrises & space rocket launches, easily visible from these balconies. Feel the gorgeous lake breeze through the open doors. There is a cozy wood burning fireplace, that adorns the living room on the main level. The incredible terrace level opens to an expansive pool deck and a concrete walled pool area with MCM lighting. From the main level you can access the pool area as well via a spiral staircase that allows you to make a grand entrance to your pool parties. A terrace level bedroom, full spacious bathroom and additional guest sitting area or office allows your guests privacy and is a perfect au pair retreat or potential in-law suite. Don't forget we have the kitchen of your dreams...complete with double ovens, center island, granite counters that go on and on, gas cook top with plenty of space for the appliances, freezers, fridge, and more all with a fab view of the lake. Steps to a brick patio balcony for dining al fresco. The balconies are designed with planter insets and just think you can have a delectable herb garden right off the chefs kitchen. Complete the culinary event with a gas brick oven /grill all accessible from inside the kitchen and outdoors. Our formal dining and combined living room has incredible hand laid brick floors and walls. If you are not satisfied by staring out at the lake, visit the huge front courtyard that also hosts a lovely reflecting pool gardens and fountain. The perfect Zen location, enjoy morning yoga & meditation to start your day! Or wine down parties under some twinkling lights all within a very private setting. The possibilities are endless. The incredible covered portico protects your vehicles and you when arriving home from any late day showers of harsh sun. The circular driveway allows easy access for you and your guests vehicles. The inviting lighted entrance to the home has gated access to provide additional security and privacy. No HOA. Will this impressive masterpiece be yours? BUILT IN 1964, a true MCM classic.
    75 days
    on Zillow
    |
    2,615
    |
    199
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 01, 2025 at 03:03pm

    Listing Provided by:

    Patricia France 404-583-4668,

    HAPPY DAYS REALTY LLC 407-507-3272

    Source: Stellar MLS,MLS#: S5128104MLS LogoOriginating MLS: Osceola

    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 550 Lake Otis Dr SE.

    Next available tour time:Today at 12pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Den/Library/Office, Loft, Storage Rooms
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: Second
    • Area: 286 Square Feet
    • Dimensions: 11x26
    Bedroom 1
    • Features: Bar, Built-in Closet
    • Level: First
    • Area: 231 Square Feet
    • Dimensions: 21x11
    Bedroom 3
    • Features: Built-in Closet
    • Level: Second
    • Area: 180 Square Feet
    • Dimensions: 10x18
    Bedroom 4
    • Features: Built-in Closet
    • Level: Second
    • Area: 180 Square Feet
    • Dimensions: 10x18
    Bedroom 5
    • Features: En Suite Bathroom, Built-in Closet
    • Level: Basement
    • Area: 242 Square Feet
    • Dimensions: 11x22
    Bonus room
    • Features: Bar, Built-in Closet
    • Level: Basement
    • Area: 368 Square Feet
    • Dimensions: 16x23
    Dining room
    • Level: First
    • Area: 231 Square Feet
    • Dimensions: 11x21
    Kitchen
    • Level: First
    • Area: 380 Square Feet
    • Dimensions: 19x20
    Living room
    • Level: First
    • Area: 420 Square Feet
    • Dimensions: 20x21
    Loft
    • Level: Second
    • Area: 64 Square Feet
    • Dimensions: 8x8
    Heating
    • Central, Electric
    Cooling
    • Central Air, Other
    Appliances
    • Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Indoor Grill, Microwave, Range, Refrigerator, Washer
    • Laundry: Other
    Features
    • Built-in Features, Ceiling Fan(s), Dry Bar, Eating Space In Kitchen, High Ceilings, Living Room/Dining Room Combo, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s)
    • Flooring: Brick/Stone, Carpet, Hardwood
    • Windows: Blinds, Window Treatments
    • Basement: Bath/Stubbed,Daylight,Finished,Interior Entry
    • Has fireplace: Yes
    • Fireplace features: Basement, Family Room, Living Room, Masonry, Wood Burning
    Interior area
    • Total structure area: 10,980
    • Total interior livable area: 6,232 sqft
    Video & virtual tour

    Property

    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Other, Patio, Porch, Rear Porch
    • Exterior features: Balcony, Courtyard, Lighting
    • Has private pool: Yes
    • Pool features: Gunite, Lap
    • Has view: Yes
    • View description: Pool, Water, Lake
    • Has water view: Yes
    • Water view: Water,Lake
    • Waterfront features: Lake Front, Lake - Chain of Lakes, Lake Privileges
    • Body of water: LAKE OTIS CHAIN
    Lot
    • Size: 0.87 Acres
    • Dimensions: 78 x 217
    • Residential vegetation: Mature Landscaping
    Details
    • Parcel number: 262828608000001070
    • Zoning: R-1A
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mid-Century Modern
    • Property subtype: Single Family Residence
    Materials
    • Brick, Concrete
    • Foundation: Basement, Brick/Mortar
    • Roof: Other
    Condition
    • Completed
    • New construction: No
    • Year built: 1964
    Details
    • Builder name: Gene Leedy

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: MAYFAIR SUB
    HOA
    • Has HOA: No
    • Pet fee: $0 monthly
    Location
    • Region: Winter Haven

    Financial & listing details

    • Price per square foot: $149/sqft
    • Tax assessed value: $1,137,756
    • Annual tax amount: $9,137
    • Date on market: 6/7/2025
    • Listing terms: Cash,Conventional,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt
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