$2,590,000
Original: $2,695,000
Active

705 TERRACE BOULEVARD

ORLANDO, FL 32803 — HIGHLAND TERRACE SUB
5 Beds
5 Baths
4,960 sqft
0.28 acres
Built 1927

About This Property

Steeped in history and timeless elegance, this exceptional circa 1927 Arts & Crafts residence is beautifully positioned on a terraced lakefront homesite overlooking picturesque Lake Highland in the heart of downtown Orlando. Rich in architectural character, the home showcases original craftsmanship thoughtfully preserved and enhanced through tasteful renovations that seamlessly blend historic charm with modern luxury.
Authentic period details include impressive 7-inch moldings, picture rails, original built-ins and cabinetry, beautiful oak and heart pine flooring, and architectural elements that honor the home’s historic significance while creating an inviting atmosphere for contemporary living.
Designed across multiple levels, the thoughtfully planned floor plan offers exceptional living and entertaining spaces, all enhanced by breathtaking lake views. The main level features an expansive family room, elegant formal dining room, and a European-inspired kitchen with adjoining lakefront dinette overlooking the water.
The lower level is an entertainer’s dream, offering a spacious summer living room, dining area, wet bar, and versatile studio space that opens seamlessly to the outdoor living areas.
The upper levels are dedicated to private living quarters with beautifully renovated bathrooms and generously sized bedrooms, including a luxurious primary suite featuring a private sitting area and a spa-inspired bath complete with a classic clawfoot soaking tub perfectly positioned to capture tranquil lake views.
Outdoor living is equally extraordinary. A covered lanai with summer kitchen and outdoor dining area overlooks the beautifully terraced backyard featuring bubbling waterfalls, lush tropical landscaping, and multiple gathering spaces. Meandering steps lead to your private lakefront retreat where a lakeside fire pit and expansive waterfront deck create the perfect setting for enjoying spectacular sunsets, entertaining guests, or simply relaxing with a glass of wine while taking in the peaceful surroundings. Enjoy skiing, paddle boarding, or kayaking on private Lake Highland.
Completing this one-of-a-kind estate is a detached one-bedroom, one-bath guest house, providing an ideal private retreat for guests, extended family, or a home office.
This remarkable residence offers a rare opportunity to own one of downtown Orlando’s most distinctive historic lakefront homes—where timeless architecture, modern comfort, and resort-style outdoor living come together in an unforgettable setting.

Property Details

Basics

Property Type
Residential
Property Subtype
Single Family Residence
MLS Number
O6419732
Days on Market
38
Year Built
1927
Levels
Three Or More
Architectural Style
Craftsman
Additional Rooms
Attic,Breakfast Room Separate,Den/Library/Office,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Great Room,Inside Utility,Storage Rooms
Direction Faces
Southeast
Occupant Type
Owner

Size & Structure

Living Area
4,960 sqft
Total Area
5,328 sqft
Lot Size
0.28 acres
Lot Sq Ft
12,327 sqft
Bedrooms
5
Full Baths
4
Half Baths
1
Stories
4

Interior

Flooring
Concrete, Parquet, Wood
Appliances
Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
Interior Features
Attic Ventilator, Built-in Features, Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
Laundry
Inside, Laundry Chute, Laundry Room
Windows
Skylight(s), Double Pane Windows
Fireplace
Yes — Other, Outside
Furnished
Unfurnished
A/C
Central Air, Zoned
Heating
Central, Electric, Zoned

Exterior & Lot

Exterior Features
Balcony, Fire Pit, Garden, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sprinkler Metered, Storage
Construction
Brick, Frame, Wood Siding
Roof
Shingle
Foundation
Basement
Patio/Porch
Covered, Deck, Front Porch, Patio, Rear Porch, Screened
Other Structures
Guest House
Fencing
Chain Link, Masonry
Lot Features
City Limits, Landscaped, Sloped, Street Brick
View
Water

Water & Pool

Waterfront
Yes — Lake Front
Water Body
LAKE HIGHLAND
Water View
Lake
Dock
Yes — Dock - Open,Dock - Wood

Community & HOA

HOA
No
Homestead
Yes
Security
Closed Circuit Camera(s), Security System, Smoke Detector(s)

Utilities & Systems

Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Sprinkler Recycled, Water Connected
Cooling
Central Air, Zoned
Heating
Central, Electric, Zoned
Flood Zone
X
Parking
Driveway, Electric Vehicle Charging Station(s), On Street

Financial

List Price
$2,590,000
Original Price
$2,695,000
Annual Taxes
$21,185
Tax Year
2025
Listing Terms
Cash, Conventional
Special Conditions
None

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Location