Seminole, Fla.
Seminole
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Current price: $396,000
Peak sale price: $990,000 (Sept. 2007)
Beds/baths: 5/3
Square feet: 4,304

It's not every day you get to buy a place with its own pond, or an acre of land in Pinellas County, Fla., for under $400,000, for that matter. But this huge place -- just a 24-mile drive from Tampa -- offers both.

According to listing agent John Rurkowski, it's a rarity. "We just don't make land like that in Pinellas County," he said.

Located within walking distance from Lake Seminole State Park, it's now being offered at a 60% discount to its sale price of $990,000 five years ago.

Among the amenities: a two-story entryway, a great room with a sweeping staircase, a swimming pool, plenty of outdoor entertaining spaces and a master suite with a fireplace and den.

According to Rurkowski, deals like this may not last long. The local market for large homes is gaining steam, he said. During the two months through April, home prices on all types of homes in the Tampa-metro area were on the rise, according to the S&P/Case-Shiller home price index.

For further information: Trulia


By Les Christie @CNNMoney - Last updated July 11 2012: 3:55 PM ET
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