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$10,500,000
Original: $14,800,000
Active
4226 DOWNEAST LANE
WINDERMERE, FL 34786 — NA
5 Beds
3 Baths
5,316 sqft
9.03 acres
Built 1980
4-Car Garage
About This Property
Dramatic price improvement on this exceptional 5+ acre Lake Down development opportunity, offering 300 feet of pristine shoreline on the coveted Butler Chain of Lakes and positioned on the best side of Windermere with unmatched convenience to SR-408 and downtown Orlando. This rare parcel, zoned R-CE, allows for the creation of up to three luxury lakefront homes or a single premier estate compound, all while enjoying the prestige of a Windermere address with immediate access to Isleworth, Bay Hill, and downtown Windermere. The property includes an existing 5,000 sq ft home with five bedrooms, 3.1 baths, and an oversized four-car garage—ideal as a temporary residence or teardown for redevelopment. Beyond its development potential, the land itself is a natural sanctuary: mature trees and lush landscaping create a haven for native birds, passion flower vines attract vibrant butterflies, and natural Florida water plants along the shoreline provide a thriving nursery habitat for breeding wildlife and small fish. This is a rare chance for developers, custom builders, or investors to deliver exceptional lakefront homes in one of Central Florida’s most desirable luxury corridors. Also listed as Residential MLS #6367852.
Property Details
Basics
- Property Type
- Residential
- Property Subtype
- Single Family Residence
- MLS Number
- O6355233
- Days on Market
- 209
- Year Built
- 1980
- Levels
- Two
- Architectural Style
- Traditional
- Direction Faces
- East
- Occupant Type
- Owner
Size & Structure
- Living Area
- 5,316 sqft
- Total Area
- 8,516 sqft
- Lot Size
- 9.03 acres
- Lot Sq Ft
- 393,368 sqft
- Bedrooms
- 5
- Full Baths
- 3
- Garage Spaces
- 4
- Stories
- 2
Interior
- Flooring
- Carpet, Ceramic Tile
- Appliances
- Range
- Interior Features
- Split Bedroom, Vaulted Ceiling(s)
- Laundry
- Inside
- Fireplace
- Yes — Family Room
- Furnished
- Unfurnished
- A/C
- Central Air
- Heating
- Central
Exterior & Lot
- Exterior Features
- Sliding Doors
- Construction
- Block, Stucco
- Roof
- Shingle
- Foundation
- Block
- Patio/Porch
- Covered, Front Porch, Rear Porch
- Lot Features
- Cul-De-Sac, In County, Landscaped, Street Dead-End, Paved
- View
- Water
Water & Pool
- Waterfront
- Yes — Lake Front
- Water Body
- BUTLER CHAIN OF LAKES
- Water View
- Lake - Chain of Lakes
- Pool
- Yes — Gunite, In Ground
Community & HOA
- HOA
- No
- Homestead
- Yes
Utilities & Systems
- Water
- Well
- Sewer
- Septic Tank
- Utilities
- Cable Available, Natural Gas Available
- Cooling
- Central Air
- Heating
- Central
- Flood Zone
- AE, X
- Parking
- Garage Faces Side, Oversized
Financial
- List Price
- $10,500,000
- Original Price
- $14,800,000
- Annual Taxes
- $10,926
- Tax Year
- 2024
- Listing Terms
- Cash, Conventional
- Special Conditions
- None
- Possession
- Close Of Escrow
Schools
- Elementary
- Windermere Elem
- Middle School
- Chain of Lakes Middle
- High School
- Olympia High