About 511 Lake Saddlebags Drive
$10,000 SELLER CREDIT WITH FULL-PRICE OFFER TOWARD CLOSING COSTS, PREPAIDS, OR RATE BUY-DOWN!! Excellent opportunity for a vacation home or short-term rental investment. Ideal for Airbnb or Vrbo, with fantastic income potential! Enjoy amazing Lake Views throughout this 3BR 2 1/2 Bath home with Open Air Balcony & Screened Patio directly beneath. Enjoy stunning sunrises over the lake from the upstairs balcony. Enter through the front door to the main level of the home where you'll find the living room, dining room, kitchen, master suite, guest bedroom, half bath & inviting balcony. This unique style home has a guest suite downstairs complete with living rm, full bath, wet bar & a screened patio. Roof replaced 2018, Main A/C & Water Heater 2024. Home can be sold furnished. Large Dock with Electric features 2 watercraft areas 1 with a lift set up for 2 personal watercrafts & the other open to dock can have a smaller size boat under the roof. Located within Town limits of Lake Placid & less than 1 mile to Publix, Restaurants & Shopping.
Features of 511 Lake Saddlebags Drive
| MLS® # | TB8435025 |
|---|---|
| Price | $425,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 2 |
| Half Baths | 1 |
| Square Footage | 2,004 |
| Acres | 0.29 |
| Year Built | 2007 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Ranch |
| Status | Active |
Community Information
| Address | 511 Lake Saddlebags Drive |
|---|---|
| Area | Lake Placid |
| Subdivision | LAKE SADDLEBAGS SUB |
| City | LAKE PLACID |
| County | Highlands |
| State | FL |
| Zip Code | 33852-6998 |
Amenities
| Parking | Driveway, Garage Door Opener, Garage Faces Side, Oversized |
|---|---|
| # of Garages | 1 |
| View | Water |
| Is Waterfront | Yes |
| Waterfront | Lake Front |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), Central Vacuum, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments |
|---|---|
| Appliances | Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer |
| Heating | Electric |
| Cooling | Central Air |
| Fireplace | Yes |
| Fireplaces | Decorative, Electric, Living Room |
| # of Stories | 2 |
Exterior
| Exterior Features | Balcony, Irrigation System, Lighting, Private Mailbox, Sliding Doors |
|---|---|
| Lot Description | Landscaped, Oversized Lot, Sloped |
| Roof | Shingle |
| Foundation | Slab |
Additional Information
| Date Listed | October 6th, 2025 |
|---|---|
| Days on Market | 18 |
| Zoning | R1A |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | FLORIDA EXECUTIVE REALTY |
|---|