Under contract-accepting backup offers. Extraordinary Lake Butler
views abound from this classically elegant yet recently updated
Chaine du Lac estate residence. Cradled in a private cove on
Windermere's signature lake on The Butler Chain, this showplace
address stands supreme for its majestic presence, distinguished
features and updates, and unsurpassed outdoor resort-style
entertainment and living areas. Boasting a new roof, new reimagined
primary retreat with a completely renovated bathroom and spa-like
shower, new summer kitchen, refreshed game room/theater, and
$100,000 designer lighting package by Lightstyle Orlando, this
grand residence epitomizes glorious lakefront living. Inspired by
tranquil golden sunsets, sparkling lake vistas, and elevated
living, every detail has been crafted to create seamless living in
a luxurious setting. The sumptuous living and dining rooms
are highlighted by soaring ceilings and a dramatic double-sided
fireplace, while the spacious family room and breakfast nook
seamlessly connect to the kitchen and open to serene water views.
The primary suite is masterfully updated with modern appointments
including beautiful vanities, an oversized walk-in shower, and a
freestanding tub. The primary suite also features a gas fireplace
and a private den, offering a quiet escape. A thoughtfully designed
guest suite with its own sauna is also located on the main level.
Upstairs is a game room with full-bar, half bath,
restaurant-grade smoke filtration system, and private balcony. A
separate staircase leads to three ensuite bedrooms and newly
unveiled recreation room with TV, table games, and built-in bar
with beverage cooler. Across the pool deck is a flexible cabana
space that can be used for a sixth bedroom, gym, or craft room. The
outdoor living spaces are equally impressive, anchored by a
spacious sundeck completely overhauled within the last few years
that wraps around a shimmering pool accented by elegant fire pits.
A newly updated summer kitchen sets the stage for effortless
entertaining, while a grand pergola-complete with a loveseat swing
and fireplace-offers a serene retreat. The property also features
an immaculate sandy beachfront and a private double-slip boat dock
keeping water toys within easy reach. A whole-home generator, 4-car
garage, and high-energy HVAC units top the wish list of any home
seeker. Experience the best of refined lakefront living in this
iconic and move-in ready residence in one of Windermere's most
sought-after locations.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Welcome to this distinguished Park Avenue estate, an epitome of sophistication located in the tranquil enclave of Lake Butler within the esteemed gated community of Chaine du Lac. Upon entering, you will appreciate the harmonious blend of transitional elegance and classic design, all framed by picturesque lakefront vistas.The first-floor primary suite serves as a serene retreat, featuring expansive lake views, a gas fireplace, and an adjacent private den, perfect for a home office. A well-appointed guest suite with a sauna is also conveniently situated on the main level, ensuring comfort and privacy for visitors.This estate includes a modernized kitchen equipped with top-tier appliances, an updated pool deck, a sophisticated boat dock, energy-efficient air conditioning systems, and a complete home generator. Every aspect of this residence has been meticulously curated to provide an exceptional living experience.The spacious family room, supplemented by a cozy breakfast nook, seamlessly connects to the kitchen, offering peaceful water views. Ideal for entertaining, the elegant living and dining rooms feature high ceilings and a double-sided fireplace, fostering a refined yet inviting atmosphere.Upstairs, you will find a media room and three generously sized ensuite bedrooms. A secondary staircase leads to a flexible game room, complete with a full bar, half bath, and private balcony. The adjoining cabana presents options for a sixth bedroom, gym, or additional living area.Enjoy luxury living with an outdoor summer kitchen, a grand pergola featuring a loveseat swing and fireplace, and a white sand beachfront complemented by a double slip boat dock. The expansive four-car garage adds functional convenience to this exquisite retreat.Experience the beauty of stunning sunsets—this estate is not merely a residence; it is a remarkable representation of Windermere lakefront living.
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