707 Lake Clay Drive S Lake Placid, FL 33852
Listing Courtesy of: HEARTLAND AOR - FL / BHHS Florida Properties Group

  707 Lake Clay Drive S Lake Placid, FL 33852

Active (26 Days)
$629,000
3
BED
3
BATH
3,522
SQFT
OPEN HOUSE TIMES
  • OPEN
    Sat, Apr 5
    11:00 am - 1:00 pm

Description

Stunning Turnkey Lakefront Home on Lake Clay – Income Potential & Breathtaking Views!

Discover the perfect blend of luxury, comfort, and income potential with this completely updated, turnkey two-story lakefront home perched high on a hill overlooking the pristine waters of Lake Clay in Lake Placid, Florida. This beautifully maintained property features a main home on the first floor and a separate apartment on the lower level, offering versatility for multi-generational living, a guest retreat, or rental income.

The main home on the first floor boasts unmatched lake views, allowing you to take in the beauty of Lake Clay, a 353-acre ridge lake known for its sandy bottom and ideal water activities. Inside, you’ll find two spacious living areas perfect for relaxation and entertaining. One of these living spaces is multifunctional, making it ideal as a living room, home office, or even overflow sleeping space for guests. The home includes two bedrooms and two bathrooms, with a mix of real wood and tile flooring throughout. An outdoor kitchen and entertaining space make lakeside dining and gatherings even more enjoyable.

The lower-level apartment has its own private entrance and parking, making it ideal for guests or as a rental unit. It features one bedroom and one bathroom, a fully equipped kitchen, and a comfortable living room. Beautifully decorated with lake views, this space provides a peaceful and private retreat. Being a turnkey property, this home is move-in ready, whether for personal use or immediate rental income.

Outdoor amenities make this property truly special. The elevated lot not only provides breathtaking lake views but also keeps the home out of a flood zone for added peace of mind. A private dock with two electric boat lifts is ready for all your water adventures. Please note that the floating dock does not convey with the home but may be negotiated separately. The property also includes a jacuzzi, which will convey with the home, along with two sheds. An outdoor fire pit adds to the charm, making it perfect for unwinding under the stars. With direct lake access, you can enjoy swimming, water skiing, fishing, and a variety of other water sports.

Located in Lake Placid, one of Florida’s hidden gems, this home offers a peaceful small-town atmosphere while being just minutes from shopping and everyday conveniences. Plus, it is less than two hours from both coasts, making trips to the beach or city attractions a breeze.

Whether you're looking for a turnkey lakefront retreat, a rental investment, or a full-time residence, this completely updated home is a must-see. Experience the best of lakefront living in Lake Placid, Florida.

Schedule a private tour today!

MLS #:
312965
Taxes
$6,469(2024)
Lot Size
0.34 acres
Type
Single-Family Home
Year Built
1962
Style
Two Story
Views
Lake
County
Highlands County

Listed By

Carlene Clark, BHHS Florida Properties Group
Source
HEARTLAND AOR - FL
Last checked Apr 2 2025 at 7:48 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Dryer
  • Dishwasher
  • Disposal
  • Washer
  • Windows: Blinds
  • Fireplace
  • Unfurnished
  • Windows: Single Hung
  • Ceiling Fan(s)
  • High Speed Internet
  • Electric Water Heater
  • Built-In Oven
  • Window Treatments
Property Features
  • Fireplace: Electric
Heating and Cooling
  • Central
  • Electric
  • Central Air
Flooring
  • Tile
  • Hardwood
Exterior Features
  • Roof: Metal
Utility Information
  • Utilities: Water Source: Public, Sewer Not Available, Cable Available, High Speed Internet Available
  • Sewer: Septic Tank
School Information
  • Elementary School: Lake Country Elementary
  • Middle School: Lake Placid Middle
  • High School: Lake Placid High
Parking
  • Carport
  • Driveway
  • On Street
Stories
  • 2
Living Area
  • 2,256 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Mortgage calculator estimates are provided by C21 Advanced All Service Realty, Inc. and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 Heartland FL Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/2/25 00:48