119 Sunset Terrace, Lake Placid, FL 33852

• 6 beds |
• 4 baths |
• 4,022 sqft

Property Description

Open House Sat Jan 24, 11:00AM-2:00PM Live the vacation-resort lifestyle year-round! This exceptional lakefront retreat offers an outstanding rental history, generating over $100,000 a year in vacation rental income the past four years—making it an ideal investment, second home, or full-time residence. Beautifully appointed, this 6-bedroom, 4-bathroom home sits on just over one acre along the clear, sandy-bottom shores of Lake Placid. The three-story layout is designed to capture breathtaking lake views from every level. The gourmet kitchen is a chef’s dream, featuring granite countertops, abundant cabinetry, upgraded appliances, a gas stove, and a double wall oven. The living room with fireplace opens seamlessly to a massive, screened rear porch complete with an outdoor kitchen, all overlooking the updated composite dock and expansive lake views—perfect for entertaining or relaxing lakeside. The first floor includes two bedrooms and two bathrooms, while the second floor offers four additional bedrooms and two bathrooms. The primary suite boasts its own oversized screened balcony with spa, showcasing incredible panoramic lake views. The third floor features a 12 x 63 loft, currently used as a game room or seventh bedroom, providing flexible space for guests or recreation. Outside, the private front yard offers ample room to store boats, trailers, and toys, with plenty of space for kids and pets to run and play—or the opportunity to add a large shop or garage. This home is being sold fully furnished, making it truly turnkey and ready for immediate enjoyment or continued vacation rental income. This one-of-a-kind lakefront property truly must be seen to be appreciated.

Listing Status:

Active

Data Last Updated:

April 5, 2026 at 7:18AM

Listing Office:

Keller Williams Realty Fort Myers and the Islands : 239-236-4350

MLS ID:

321563

Interior

• General: Furnished
• Flooring: TileVinyl
• A/C: Central AirElectric
• Heating: CentralElectric

Exterior

• Style: Mid Rise
• Other Structures: Front PorchRear PorchScreenedOpen
• Pool: None
• Parking: Garage

Construction

• Roofing: Metal
• General: BlockConcrete

Location

• Road/Access: PavedLakefront
• Originating MLS: HLAND_HEART
• County: Highlands

Lot

• Zoning: HARRIS LAKE PLACID CAMP SITE REPLAT PB 4-PG 35 LOT 5 BLK 1 + CONTIG VACATED ST + SLY 124 FT M/L OF THAT PORT TR A LYING N OF ELY EXT OF S LINE OF LOT 5 BLK 1C-08-37-30-020-0010-0050
• View: LakeView

Utilities

• Utilities: Sewer Not Available
• Water: PrivateWell
• Sewer: None

Financial

• Source: HLAND_HEART