Lakefront estate on Lake Down in the Butler Chain of Lakes with over 150 feet of frontage and no HOA in Sunset Bay. Built in 1983, this 5 bedroom, 4 bath pool home offers nearly 7,000 square feet across three levels and presents a rare opportunity to renovate a true chain-of-lakes property to your own style and standards. Home retains much of its original character and is priced accordingly, creating strong value for buyers seeking premier waterfront frontage, square footage, and long-term upside in one of Windermere’s most desirable locations. Main level includes kitchen, dining area, secondary bedrooms, full baths, oversized laundry room, and sliding doors opening to covered outdoor living and lake views. A few steps down, the sunken living room features a bar, fireplace, storage, and direct water views. Upstairs, the primary suite includes a fireplace, large walk-in closet, dual vanities, tub, separate shower, and screened balcony overlooking the lake. This level also includes a private office. The lower level is a standout feature, offering a full basement living space with its own kitchen, living room, bedroom, full bath, and direct pool access, ideal for extended family, guests, or multigenerational living. An additional reinforced interior room provides flexible use as a secure safe room, storm shelter, private storage room, or secluded flex space. Outdoor features include a screened pool, covered entertaining area, fenced yard, and private dock with space for two boats and two jet skis. Garage space accommodates up to 6 cars, plus a 2-car carport and a large circular driveway that provides additional parking for guests, larger households, or recreational vehicles. Additional storage areas and the lower-level garage create excellent space for boat gear, kayaks, paddle boards, trailers, and lakefront equipment. Home is priced in line with its recent appraisal, with the value reflecting both its current condition and the renovation investment a future owner may choose to make. For buyers seeking a large lakefront footprint, multigenerational layout, extensive parking, and the ability to modernize to today’s standards, this property offers a rare value on the Butler Chain. Located minutes from downtown Windermere, Restaurant Row, golf, shopping, and major attractions.

PRICE IMPROVEMENT *** Up to $25,000 in Buyer Closing Cost CREDIT or RATE Buy DOWN Available with Preferred Lender! *** For example: buy the rate down by .25% and save ~ 40K over 5 years. Savings vary for each individual. Inquire for further information *** Awake to awe-inspiring sunrises from this unparalleled lakefront estate on LAKE DOWN, nestled within the renowned BUTLER CHAIN of LAKES. Experience the tranquility and exclusivity of Sunset Bay without the burden of HOA fees. Upon entry, be captivated by soaring ceilings and breathtaking lake views. This magnificent screened-in POOL home offers over 150 feet of lakefront and spans three floors, featuring 5 bedrooms, 4 baths, an expansive living room with stunning lake views, three garages, a BASEMENT, office, formal dining room, and a versatile bonus area with a kitchenette, ideal for a guest suite and game room. The estate boasts 3 fireplaces, a fenced yard, a private boat DOCK suitable for two boats and two jet skis, as well as a sundeck for added enjoyment. The main floor encompasses the gourmet kitchen, dining area, three bedrooms, two baths, two sets of collapsible sliders opening to a covered patio, French doors, and an oversized laundry room. Just a few steps down from the main level is the elegant living room, complete with a bar and additional storage. Remote-controlled hurricane shutters ensure safety and security in the living room. The kitchen is designed for entertaining, with an open layout that perfectly complements the home's ambiance. Upstairs, discover the office and the grand primary suite, featuring a spacious walk-in closet, dual vanity, a tub, shower, fireplace, and a screened-in patio with French doors. The lower level invites you to explore the basement, an additional bedroom, a pool bath, and the bonus area with a full kitchen, all with access to the pool and backyard. This section of the home would be perfect for guests or arranged as an IN-LAW suite. Outside, indulge in the covered entertainment space or relax in the HEATED pool, complete with a sun shelf and jets. One of the garages includes an air-conditioned workshop (~10x8) and the second garage is oversized (~23x31). The third garage, located under the living room, is equipped with a roll-up hurricane shutter and is perfect for storing small trailers, boat supplies, kayaks, and paddle boards. The front of home has an inviting courtyard where you can enjoy your favorite flowers. Recent updates include a NEWER ROOF (2021), exterior paint and shutters (2021), a newer AC and water heater (2022 & 2024), screen enclosure (2016), and cool decking on the main level patio. The Butler Chain of Lakes, comprising 13 lakes, is celebrated for its pristine water quality and excellent fishing, as well as its popularity for boating and water sports. Lake Down alone spans around 900 acres, forming approximately 18% of the Butler Chain. Enjoy endless waterways for your sunset cruises. Sunset Bay is strategically located across from Isleworth and just minutes from downtown Windermere, Dr. Phillips' Restaurant Row, theme parks, golf courses, shopping, dining, and more. This lakefront gem offers limitless possibilities. With a touch of creativity and design, you can transform this estate into a masterpiece. Schedule your tour today and turn this dream home into your reality! ** Property video, 3D walk-through and a floor plan are available for this listing. **