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424 Lake Mirror Dr #4, Lake Placid, FL, 33852

5beds
4baths
3,105sqft
$1,349,999
$435price/sqft
$9,086/moest. monthly cost
$363,440/yrincome needed

About This Home

Owner/Agent " Waters Edge" on Lake Placid. 3.19 acre estate surrounded by untouched, pristine secluded natural " Old Florida" beauty. Perfect home for investors to AirBnB or have for your own personal retreat away from the city. Only 17 miles from the exclusive High Groves Golf Course in Venus, Fl and the New Brighton Hotel and Casino. The boardwalk takes you through a canopy of trees to your peaceful retreat. 5 bedrooms w/ 6th bonus room off 2nd master bedroom w/ wide water views. This captivating home offers breathtaking wide water views of the 3320 acre spring-fed lake. This gorgeous home is an architectural masterpiece that was built in 2019 by a builder who spared no expense, upgrades and architectural detail including coffer ceilings, hand crafted cabinetry, ledge stone, wide plank oak floors, low"e" high impact windows and doors, thermal insulation foam in attic and walls, 2 zone A/C 6 ton total w/ smart thermostats.Custom hand crafted gourmet kitchen, 170 ft of pristine waterfront shoreline. Awesome fishing, boating, jet skiing and water skiing . Some photos are virtually staged.your private 3.17 acre FURNISHED RESORT on the shores of Lake Placid awaits! BUILT BY A BUILDER for his family the attention to detail is exquisite as he spared no expense! It all begins when you drive onto the property, you realize right away THIS is not your ordinary lake home...pulling up to the timber framed carport and garage that looks like a park pavilion, you are immersed in nature and privacy and then...the magic begins as you stroll down the lighted boardwalk under a canopy of trees to the house. This board walk was built to accommodate a golf cart but... the walk sets the scene for the oasis to come and the key west styling of the home with its standing seam metal roof, cement hardy board siding and walk around porch set the stage. Inside, this home is second to none with enchanting details such as wide plank, old growth hardwood flooring, coffered ceilings, ledger stone accents, REAL ship lap and the VIEWS from the low E thermal-pane impact windows are nothing short of SPECTACULAR! The living room and sitting room all have views of the lake and each has access to a private patio. The dining room is off the kitchen and again, its ALL about the views. The kitchen features hand crafted custom cabinetry with seed glass fronts, etched granite counters, induction cook top, double convection range and the barn door opens to a pantry with hidden storage behind and there are custom drawers under the stairs! There are TWO MASTER SUITES in this beautiful home. The first is downstairs with access to the back patio's. The spacious master bathroom has a huge walk in shower and double sinks. Up the grand staircase you will find the laundry and the first room on the right is currently used as a bedroom BUT it was designed with framing behind the wall to serve as a HUGE master closet if so desired! The 2nd MASTER features a spectacular sitting room with water views and a small closet. PERFECT for overflow guests with its sleeper sofa or a magnificent nursery. There are 2 more bedrooms and another gorgeous bathroom with custom barn doors and a tub on this floor and yes..ANOTHER private patio overlooking the lake! The bonus rooms allow you the option of making this a 6 bedroom home if needed! Out back take a stroll down to the fire pit or walk to the fabulous double deck boathouse! Composite decking surround the house and continue to your boat house. Your boat stays secure on its covered lift and upstairs.....the VIEWS take your breath away with tons of room for lounge chairs and seating. This home would make the PERFECT Airbnb if desired but once you experience everything it has to offer and the charm of Lake Placid, you may decide you NEVER want to leave!

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

9/10
4/10
4/10
Lake Placid High SchoolGrades PK,9-121.8 mi

Construction

Condition

  • Year built: 2019

Materials

  • Roof: Metal

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Garbage disposal,Microwave,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Flooring: Hardwood

Interior Area

  • Total interior livable area: 3,105 sqft

Property

Features

  • Exterior features: Cement / Concrete
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes

Lot

  • Lot size: 3.15 Acres

Parking

  • Parking features: Garage - Detached

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Hurricane
    HurricaneRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Hurricane
Lightning
Tornado

FEMA Declared Disasters in Highlands County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,826$81,912
Home Insurance *$1,172$14,064
Property Taxes $776$9,312
Electricity $312$3,749
Total$9,086$109,032
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$311,520/yr
40% on housing$272,580/yr
45% on housing$242,293/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 1.3%
1.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$435This listing

vs Other Active Listings

Avg $/sqft

ZIP 33852$151
Highlands County$120

vs Homes Sold Last Month

Median $/sqft

ZIP 33852$185
Highlands County$172

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-28Price change$1,349,999
2026-04-03Listed for sale$1,379,000
2026-03-10Listing removed--
2026-03-04Price change$1,389,000
2026-02-07Listed for sale$1,399,000

For Sale by Owner

AgentProperty Owner

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