551 LASSO DRIVE, KISSIMMEE, FL, 34747
Active428 days on marketListed Jun 6, 2025MLS #S5128532
About this home
551 LASSO DRIVE
Step into vacation living at its finest with 551 Lasso Drive, a vibrant 8-bedroom, 7-bathroom fully furnished home tucked inside the exclusive, gated Encore at Reunion community. Designed for fun and relaxation, this spacious getaway boasts a private pool and spa, plus a garage-turned-game room that brings entertainment to a whole new level. Just a short drive from Central Florida’s world-famous theme parks, shopping hotspots, and top dining, the location is unbeatable for guests and owners alike. Encore at Reunion elevates the resort lifestyle with a full-service clubhouse, thrilling water park with twisting slides, splash zones, poolside cabanas, fitness center, on-site dining, and even complimentary theme park transportation. Whether you're looking for a high-performing investment or a personal escape with room for everyone, this home is the perfect blend of comfort, excitement, and opportunity.
Facts & features
The home at a glance
8
Bedrooms
7
Bathrooms
3,401
Sqft
0.13 ac
Lot size
2
Garage
2015
Year built
Two
Levels
$206
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$6,017 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$6,017/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+3.1%
$/sqft vs ENCORE AT REUNION, REUNION WEST
$206 vs $196
Days on market
428 vs 55 typical
Where $206/sqft sits among the 8 homes for sale in ENCORE AT REUNION, REUNION WEST
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
The investor lens
Two ways this home pays
This home sits inside The Encore Club At Reunion, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.
Short-term rental
Zoned & eligible
Projected nightly rate, occupancy and annual revenue for this exact home.
Long-term rental
$2,100/mo median
Live Kissimmee rental listing data — this home’s rate depends on size, condition and furnishing.
The Four Corners short-term market
▼ Softening48%
Occupancy
▼ 37% yr/yr
$325
Avg nightly rate
▲ 13% yr/yr
$38K/yr
Revenue per listing
$151
RevPAR
78 days
Booking lead time
5.7 nights
Avg stay
3
Typical min nights
11,479
Active rentals
▼ 20% supply
Seasonality — monthly occupancy
Peaks at 57% in Jul · bottoms at 36% in Jun
Last 12 months of data, January–December, bars scaled to the seasonal peak. Market-wide averages across all home sizes in Four Corners — the projection above is specific to this home’s size.
Where it sits
Inside The Encore Club At Reunion
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
The Encore Club At Reunion is a short-term-rental community. See the full guide →
The Encore Club At Reunion — neighborhood snapshot
Population
197
Median age
33
Median income
$52,153
Median home value
$94,465
Avg household
2
Households w/ children
30%
For the school run
Osceola County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Kissimmee market
$365K → $350K
Kissimmee median sold, yr/yr
97.3%
Sale-to-list ratio (12 mo)
2 of 8
ENCORE AT REUNION, REUNION WEST have cut their price
Median sold price, Kissimmee, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 75% above the KISSIMMEE 34747 median. See the full Kissimmee market guide →
Paper trail
This home's history
Reality check
What actually sold near 551 LASSO DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$517,000
430 NOVI PATH · same community
8 bd · 7 ba · 3,412 sqft · $152/sqft · 284 DOM
Sold · Feb ’26$480,000
310 PENDANT COURT · same community
5 bd · 5 ba · 2,570 sqft · $187/sqft · 63 DOM
Sold · Oct ’25$580,000
7621 WILMINGTON LOOP
8 bd · 7 ba · 3,401 sqft · $171/sqft · 12 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Iain Robinson
Broker Associate · CENTURY 21 Edge
Tours, negotiation, and every question about 551 LASSO DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 551 LASSO DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Iain's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
551 LASSO DRIVE FAQs
What would the monthly payment be for 551 LASSO DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $6,017/mo — principal and interest, the actual property-tax bill, the $857/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 551 LASSO DRIVE?+
The association fee works out to $857 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 551 LASSO DRIVE?+
The most recent tax bill on record (2024) was $11,522. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Can 551 LASSO DRIVE be rented short-term?+
Yes — this home sits inside The Encore Club At Reunion, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.
Are pets allowed at 551 LASSO DRIVE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Kissimmee?+
At $699,999, this home is listed about 85% above the Kissimmee median of $379,395. The market section on this page shows how the area is trending.
Which schools are assigned to 551 LASSO DRIVE?+
Celebration High School (high), Westside K-8 School (elementary) — Osceola County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$699,999 runs 75% above the KISSIMMEE 34747 median — but at 3,401 sqft it's also nearly twice the size of the typical Kissimmee listing.
02Zoned for nightly rentals
The Encore Club At Reunion is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.
03Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
04Know the monthly fee
The association fee is $857/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
05Time on market is leverage
428 days on market against a Kissimmee median of 55 — sellers in this position are usually ready to negotiate.
Keep looking
Similar homes nearby
Listing courtesy of TEAM DONOVAN · James Donovan. MLS #S5128532.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
Never miss a listing
New Kissimmee homes, in your inbox
Like 551 LASSO DRIVE but not quite? A daily digest of every new listing in Kissimmee — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Iain to ping you on any price or status change →