Virtually Staged. Set on a private 2-acre homesite within the gated
community of San Felasco Estates, this custom-built Tommy Waters
residence offers an exceptional combination of timeless
architecture, gracious living spaces and resort-style outdoor
living in one of NW Gainesville's most desirable settings. Set well
back from the road and surrounded by spacious landscaping, the home
enjoys a wonderful sense of privacy from the moment you arrive. The
property backs to natural marshland and a beautiful wooded
backdrop, offering peaceful views and opportunities to enjoy the
area's native wildlife.From the moment you enter the foyer, soaring
12-foot ceilings, rich wood flooring and thoughtfully designed
architectural details create a sense of scale and sophistication.
The open, flowing floor plan is equally suited for elegant
entertaining and comfortable everyday living, with formal living
and dining spaces leading into an impressive chef's kitchen.
Designed for those who love to cook and entertain, the kitchen
features granite countertops, abundant custom cabinetry and
professional-grade stainless steel appliances, including a Wolf gas
range and Sub-Zero refrigerator.At the heart of the home, the
dramatic family room features a gas fireplace, custom built-ins and
architectural niches, while French doors provide beautiful views
and effortless access to the pool and outdoor living areas. An
expansive adjoining game/media room with vaulted ceilings provides
incredible flexibility as an entertainment space, additional
gathering room or optional 5th bedroom.Privately positioned, the
spacious primary suite offers a peaceful retreat with a tray
ceiling, sitting area, generous walk-in closet and spa-inspired
bath. An adjoining private study is ideal for a home office,
library or quiet sitting room. Three additional guest bedrooms and
two full baths provide comfortable accommodations for family and
guests.Outdoor living takes center stage with a screened pool
overlooking the expansive backyard and natural surroundings beyond.
A wrought-iron-style fence defines the backyard while preserving
the views and open feel of the property. Adding to the home's
appeal is an extensive solar system featuring 34 American Solar
panels designed to generate electricity and help offset utility
costs, along with 8 additional solar panels dedicated to pool
heating. The circular driveway with two entrances provides
convenient access, generous parking and an inviting approach to the
home.Beyond the property itself, San Felasco Estates offers a
scenic neighborhood setting with winding roads and multiple green
spaces that provide an inviting backdrop for morning or evening
walks. Located just off scenic Millhopper Road, the community
offers the privacy and space of estate living while remaining
convenient to Gainesville's shopping, dining, medical facilities
and the University of Florida. With custom construction, expansive
living and entertaining spaces, a private pool, energy-conscious
solar features and a beautiful 2-acre setting, this exceptional
home offers a rare combination of privacy, space, natural beauty
and convenience in NW Gainesville.
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.
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