321 FALLS DRIVE, Kissimmee, FL, 34747 | $720,000

Located in the highly sought-after, guard-gated Encore Resort, just minutes from Walt Disney World and other world-class attractions, this luxurious two-story home offers the perfect combination of comfort, style, and functionality. Meticulously designed and maintained by the current owners, this home is a true vacation paradise, providing a serene escape and an unforgettable getaway experience.
The home features dual master bedrooms, ideal for large families or multiple guests, ensuring ultimate privacy and comfort. With high-end décor and quality furniture throughout, all included in the list price, this fully furnished home is move-in or rental-ready. It boasts six bedrooms and six and a half bathrooms, with a ground-floor bedroom offering an ensuite bath and five additional bedrooms upstairs, each with adiacent bathrooms.
All ages will delight in the imaginative themed rooms. The Snow Castle Room is a winter wonderland, complete with snow-covered trees and icicle canopies, while the Star Wars-themed media room, equipped with comfortable movie chairs, offers a unique space for family movie nights. The home comfortably sleeps up to 14, making it perfect for large groups or multi-family stays.
Step outside to your sparkling private pool and spa, where you can relax under the Florida sun or unwind in the evening. The covered outdoor dining area and beautifully landscaped lawn create an ideal setting for outdoor entertaining. Additionally, the garage has been converted into a character-themed games room, ensuring endless fun for guests of all ages.
Encore Resort is packed with outstanding amenities. The clubhouse, just a short walk away, includes a swimming pool, spa, fitness center, restaurant, and an on-site concierge service. For those who enjoy sports and recreation, the resort offers tennis courts, basketball courts, volleyball courts, and water slides. A convenient shuttle bus service to the theme parks and shopping areas, along with 24-hour concierge service, make this home the perfect destination for both personal vacations and short-term rentals.
This property presents an exceptional opportunity for anyone looking for a vacation home or an investment property. With a proven rental history and its prime location near Orlando's top attractions, you can start earning rental income immediately. Whether you're looking for a family retreat or an income-generating property, this home offers everything you need for a luxurious and memorable experience. Don't miss out-schedule your showing today!

Features

  • Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Playground, Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s)
  • Rooms: 13
  • Bedrooms: 6
  • Baths: 6 full / 1 half
  • Lot Size: 75 x 150 x 58 x 150
  • Laundry: Inside, Laundry Closet, Upper Level
  • Style: Mediterranean
  • Year Built: 2017
  • Garage: 2-car Driveway, Ground Level, Off Street
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,317
  • Acreage: 0.23
  • Lot Size: 75 x 150 x 58 x 150
  • Est. Taxes: $12,024
  • HOA Fee: $777 Monthly
  • Lot Desc: Landscaped, Level, Sidewalk
  • Pool: Heated, In Ground
  • Pet Policy: Yes
  • Appliances: Convection Oven, Dishwasher, Dryer, Electric Water Heater, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • MLS#: O6296220
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/O6296220/321fallsdrive_kissimmee_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 4/10/2025 1:20:54 AM)
Listing courtesy of LOKATION   Phone: 954-545-5583

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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321 FALLS DRIVE, Kissimmee, FL, 34747

$720,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $576,000 $576,000 $576,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.303% 6.510%
Monthly Tax Payment $1,002 $1,002 $1,002
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,641 $3,881 $4,939
Total Monthly Payment $4,735 $4,975 $6,033

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.