$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

Refined lakefront living awaits in this stunning residence, ideally situated in a peaceful neighborhood on Lake Highland. Thoughtfully designed across multiple levels, this exceptional home blends timeless elegance with inviting living spaces and breathtaking water views throughout. The Main house has 4 bedrooms and 3 1/2 baths.

The main level welcomes you with a spacious family room, formal dining room, and a European-style kitchen with an adjoining dinette, all overlooking the lake. Beautiful oak stairs lead to the lower level, where an expansive summer living room, dining area, wet bar, and studio space create the perfect setting for entertaining or relaxed everyday living.

The upper levels offer three bedrooms, including a luxurious primary suite featuring a private sitting area and spa-inspired bath with a Clawfoot tub positioned to capture serene lake views. On the fourth floor, a fully finished attic bedroom with a generous closet overlooks the water and offers wonderful flexibility as a guest retreat, home office, or creative studio.

French doors open to two covered lanai living spaces designed for seamless indoor-outdoor living. One provides a comfortable sitting area, while the other is ideal for dining and entertaining, complete with a summer kitchen and outdoor fireplace. Spend evenings enjoying spectacular sunsets from the lakefront deck or gathered around the fire pit with a glass of wine in hand.

A detached one-bedroom, one-bath guest house offers a private retreat for guests or extended family, complete with its own living room, bedroom, renovated bath, and screened porch tucked among the trees overlooking the lake.

The beautifully terraced backyard, accented by bubbling waterfalls, lush landscaping, and a lakefront fire pit, completes the serene setting of this truly one-of-a-kind property.

Property Details

Basics

Property Type
Residential
Property Subtype
Single Family Residence
MLS Number
O6419732
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
$2,695,000
Annual Taxes
$21,185
Tax Year
2025
Listing Terms
Cash, Conventional
Special Conditions
None

Location