Lakes of Mount Dora (Tampa, Ocala: sales, foreclosures, HOA) - Orlando - Florida (FL) - City-Data Forum

besmart · 05-19-2008, 09:53 AM

Interested in Lakes Of Mount Dora adult community. Prices seem high for
this time, $350,000 for a 3bm/2bh home, cinder block construction with lake
view incls. land. Anyone can give info on this development? Pringle is
developer. Is this a good deal, good developer, and nice place to live?? Any info will be greatly apprciated. Thanks,

Penelope55 · 06-20-2009, 11:06 AM

Hi besmart,
This isn't really an answer, but I'm interested in Lakes of Mt. Dora too. from what I hear, the town of Mt. Dora is nice. We're going to take a look in Oct. The prices seem ok compared with Solivita in Poinciana. Good luck with your search!

Viv Katz · 07-31-2009, 02:30 PM

You will get much more bang for your buck in Mount Dora vs. Poinciana! I would need to research 55+ market, but $350K does seem very high ... you can e-mail me your contact info & i will run a Comparative Market Analysis for you this weekend ... thanks!

besmart · 08-03-2009, 04:22 PM

Hi, did you go to Lakes of Mt. Dora, and if so what did you think? Did you purchase?
We are planning a trip end of August so your input would be appreciated.

Joe S · 08-04-2009, 05:00 AM

Lakes of mount Dora is a beautiful 55 or older comnunity. Prices in this development have always been way out of line for the area. Lots are very over priced. Look into other pringle communities such as Legacy, Royal Harbor for attractive resale prices. Many resales and foreclosures in Lakes of mount Dora also selling below market value.

besmart · 10-25-2009, 11:33 AM

Hi, my husband and I visited both Lakes of Mt. Dora and Summer Glen recently. I must say that
we fell in love with Summer Glen. The place is beautiful, the people are friendly, and all around
great feeling of good will. Unfortunately, we did not feel the same about Lakes of Mt. Dora. First
of all Mt. Dora is not a golf community, and although we DO NOT play golf, the fact that Summer
Glen is a golf community gives the place a beautiful look- very green, very neat, etc. Mt. Dora
has a lot of private lots that have not been built on, the owners are trying to get out and the
lots are scattered all over. This gives Mt. Dora an unattractive look. Also, Mt. Dora is owned by
the employees. To us this was a negative. They sell you the home and lot separately, so really
you end up paying much more then you should for the home. Everyone we saw at Mt. Dora
were sad looking I hate to say it, but although I am sure there are many, many happy owners,
we did NOT get a positive feeling. On the other hand, the prices at Summer Glen, although not
really cheap, were more affordable. Don't forget that by the time you finish adding in the "upgrades" which you will surely need, the price goes up. This is true for both places. We stayed
at each place on the visitors program. Mt. Dora did not allow you to use the garage in the
guest house! You had to park in the driveway and it rained when we were there, so you guessed
it, we got wet. At SummerGlen, we had use of the garage, and they give you use of a golf cart
which enables you to drive around and talk with people that you encounter. Great Fun. Although
we did not purchase this time around, we surely feel that we will end up in Summer Glen. Loved It.

Penelope55 · 11-01-2009, 07:14 AM

We have just returned from visiting Lakes of Mount Dora, Citrus Hills and Solivita.
We met the people of Mount Dora and loved them. The sales people were accommodating and even had us sit with a designer to customize a home to help with our decision. What bothered us was the amount of empty lots and the beautiful clubhouse was always empty. We saw no activities director or even card games going on. When we got to making a decision, the sales director informed us of a foreclosure problem with phases 3 & 4, which we should not be concerned about. We were.

We proceeded to Citrus Hills, located above Tampa. Beautiful, but not a dedicated 55+ community. Once you drive out of the gates, there was nothing so we left there.

Our last stop was Solivita. The complex is beautiful. It had all the amenities we wanted and we did put in a proposal for one of the homes already built. The only down side seems to be the crime problem in Poinciana. Although Solivita seems secure in itself, I was looking for some feedback on the problem. Everyone we spoke with assured us Solivita was safe, but I would be grateful for any input so we can make a sound decision before we hear back with a counter offer. Thanks for your help- Penelope

Honeycrisp · 11-01-2009, 09:57 AM

Would also be concerned about empty lots, sad faces and an empty clubhouse. Stone Creek is supposed to be very nice too (in the Ocala forum), also The Villages. They're not near the ocean but have other perks. Might be worth a trip there to check them out.

JesseRamon · 01-04-2010, 05:50 PM

Although a recent LoMD owner, I think I am a typical resident of the community. For all practical purposes the only thing that the foreclosure on the remaining phases will impact, is that there ultimately will be less people using the common facilities..(Clubhouse, Pool, etc) Which for those of us there now is a GOOD thing.

There is a large list of clubs and activities daily.....but...hmmmmm not 24 hrs a day..so yes- there might be an hour or two when nothing is happening..and being an ACTIVE community, people don't sit around and wait.. So if nothing is happening...the clubhouse might not always be buzzing. But between the clubs, the monthly events, parties, Nites at the races,Casino nights, Talent Shows, etc- there is more than enough for most folks.

The other major draw, is Downtown Mt Dora, that has its own list of weekly activities that we enjoy.

But let's face it...every community has the 'same' model houses and the 'same' Clubhouse activities... The difference for us- was Mt Dora, and foremost- the people of our community. We spent significant time in most of the other Central Florida 55+ communities, and none of them had the nice, warm, funny, and hey- articulate people that we found at the Lakes of Mt Dora. Come visit- you'l get tired of waving back at folks!

Need any info- drop me a line!
Thanks for allowing me to express myself.

JR

bobdun1 · 01-14-2010, 06:34 PM

Quote:

Originally Posted by JesseRamon

Although a recent LoMD owner, I think I am a typical resident of the community. For all practical purposes the only thing that the foreclosure on the remaining phases will impact, is that there ultimately will be less people using the common facilities..(Clubhouse, Pool, etc) Which for those of us there now is a GOOD thing.

There is a large list of clubs and activities daily.....but...hmmmmm not 24 hrs a day..so yes- there might be an hour or two when nothing is happening..and being an ACTIVE community, people don't sit around and wait.. So if nothing is happening...the clubhouse might not always be buzzing. But between the clubs, the monthly events, parties, Nites at the races,Casino nights, Talent Shows, etc- there is more than enough for most folks.

The other major draw, is Downtown Mt Dora, that has its own list of weekly activities that we enjoy.

But let's face it...every community has the 'same' model houses and the 'same' Clubhouse activities... The difference for us- was Mt Dora, and foremost- the people of our community. We spent significant time in most of the other Central Florida 55+ communities, and none of them had the nice, warm, funny, and hey- articulate people that we found at the Lakes of Mt Dora. Come visit- you'l get tired of waving back at folks!

Need any info- drop me a line!
Thanks for allowing me to express myself.

JR

Hey Jess

I'm interested in LOMD and would be very interested in some local info. First and foremost i got a budget of $200,000 what am i getting for that, I've seen possibilites. whats the HOA and is it worth it

Thanks

Bob