THIS HOME HAS A NEW PRICE REDUCTION $40,000 UNDER RECENT APPRAISAL IN A GREAT LOCATION! Bring your creative home ideas for renovation on this beautiful home tucked away in the gated enclave of the Bear Gully Pointe community. This home is centrally located in the heart of Winter Park/Oviedo area close to schools, expressway, dining and shopping. The moment you walk through the foyer, you will experience the warmth of a large formal dining room, with a beautiful crystal chandelier as the focal point of the room with soaring ceilings. Imagine friends, family and colleagues gathering for celebrations, holidays, and intimate parties with stunning views of the pool/spa and outdoor kitchen from the master bedroom, family room, kitchen and dinette. Enjoy family time around the brick front gas fireplace in the voluminous great room which features built-in cabinetry. The kitchen has ample counter space to prepare gourmet meals. The open floor plan allows you to interact with guests as they sit and chat at the breakfast bar. Abundant sunlight beams from the skylights in multiple areas of the home giving the rooms a bright and airy atmosphere. Hardwood & tile flooring run throughout the main areas. The first floor Master Bedroom is considerably large with a private ensuite that includes a garden tub with separate walk in shower. Have space to get ready in the mornings with separate his and her vanities and a huge walk in closet. The third car garage has been converted into an Office/Bonus Room which can be utilized as an In-Law Suite with a private full bathroom and a sitting room. The home features custom floor-to-ceiling meticulously handmade bookcases throughout. The media/theater room on the second floor will surely provide great entertainment for movie nights equipped with a wet bar, private full bathroom and a bonus storage room that can be used as an exercise room. Both AC units have been replaced within the last 3 years and the hot water heater was replaced in 2019. This home can be updated to your own style. Schedule your showing today!