5709 MASTERS BOULEVARD
About This Property
This spacious single-story, 4-bedroom, 3-bath home features 2,528 sq ft of living space and a smart, well-designed layout centered around golf views and indoor-outdoor living. High ceilings, large architectural windows, and multiple sets of French doors fill the home with natural light and frame tranquil views of the pool and course. Tile flooring runs throughout, and the home includes multiple living and dining areas, a wood-burning fireplace, and a large indoor laundry/mudroom with built-in cabinetry.
The expansive kitchen offers tremendous potential with abundant cabinetry, a peninsula with bar seating, a breakfast nook overlooking the pool, a skylight, and direct access to the lanai. The thoughtful split-bedroom layout includes two bedroom suites-one ideal for guests and one serving as the primary-with pool access, a large walk-in closet, dual vanities, soaking tub, and separate shower.
Outdoor living is the highlight: the oversized screen-enclosed pool and lanai create the perfect setting for entertaining, relaxing, and enjoying uninterrupted golf views with no rear neighbors. The full-length covered patio is ideal for year-round use.
Whether you're seeking to renovate a home with incredible bones, invest in a premier golf community, or create a custom residence with unmatched views, this property represents a rare chance to secure a trophy location in the world-renowned Bay Hill community, home of the Arnold Palmer Invitational and minutes from dining, shopping, schools, and Dr. Phillips amenities.
Bring your vision and make this standout Bay Hill address your own.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 21, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Relisted | $1,275,000 | |
| Relisted | |||
| Jan 6, 2026 | In contract | - | |
| In contract | |||
| Dec 12, 2025 | Price Decreased |
$1,275,000
↓ $125K
(8.9%) | |
| Price Decreased | |||
| Nov 28, 2025 | Listed by KELLER WILLIAMS CLASSIC | $1,399,900 | |
| Listed by KELLER WILLIAMS CLASSIC | |||
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About Bay Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017