by Global Lifestyle Properties

See Home Value
$4,000,000
● House - Off Market

50 Forest STREET

WINDERMERE, FL 34786
bedrooms
6 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
7,388 Ft²
$4,962,067
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

CHECK OUT THE CUSTOM VIDEO... www.50forest.site/mls  Estates like this are rarely available. This is your chance to call one of the best locations on the famed Butler Chain of Lakes yours. This over 7,000 sq ft ONE STORY compound sits on a peninsula, comprised of 3 combined lots,  delivering  180 degree panoramic views  of Lake Butler in the highly sought after downtown Windermere section of Wauseon Bay.  Impeccably manicured grounds offering a one of a kind estate for one lucky buyer.  One of the TWO docks is brand new with 2 boat slips and second story party deck, yes this is one of the very few lake front properties with 2 docks (grandfathered in).  Almost 500 ft of continuous shoreline delivering postcard views from most areas of the home.  Screened and heated salt water pool,  massive summer kitchen, numerous patios for entertaining, private putting and chipping green and even a beach area ! The main home is a sprawling one story masterpiece with soaring ceilings TWO MASSIVE BONUS/ GAME ROOMS. The kitchen is stunning with hood vented natural gas range, sub zero fridges and massive island. Formal dining has 2 towering wine fridges and views of lake and pool area. The owners suite has 2 finished walk in closets and the perfectly positioned free standing tub overlooking the lake. All the secondary bedrooms are massive with large finished closets. SEPARATE DETACHED HOUSE with its own patio overlooking the lake is just another unique and amazing feature of this estate. Could be an ideal in-law suite, office, gym or residence for live in nanny. Whole home  Generac generator on site delivers peace of mind.  Plenty of parking with 4 car garage  and several paved parking pads on property.  NO HOA and in the heart of the Town of Windermere, delivering the convenience and quality of life that makes it one of the most desired places to call home in Central Florida.  Located minutes from Sand Lakes famed restaurant row, Disney, Universal Studios, International Drive and all the major Expressways.  For those not aware, the Butler Chain of Lakes is a 5,000 acre chain of fresh water lakes consisting of 13 canal connected lakes spanning 3 entire zip codes.  50 Forest is on Wauseon Bay of Lake Butler, one of the most sought after areas of the chain. This estate delivers unrivaled views and location. Hop on your boat anytime and be immediately on the best lake in the chain... delivering the best arena for water sports and championship bass fishing in the area. Sought after K-12 school district and several private school campuses in every direction.  Opportunities like this do not come around often, seize it.. once it is gone, there is no other like it.
Unit Size
7,388 Ft²
Days on Market
13 days
Land Size
0.50 acres
Price per sqft
$602
Property Type
House
Property Taxes
$2,040
HOA Dues
-
Year Built
1956

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Last updated: 3 years ago (Stellar MLS #O5983972)

Price History

Date / Event Date Event Price
Apr 11, 2024 Sold
Sold
Feb 29, 2024 In contract -
In contract
Jan 24, 2024 Listed by RE/MAX PRIME PROPERTIES $6,950,000
Listed by RE/MAX PRIME PROPERTIES
Welcome to 50 Forest Street in picturesque Downtown Windermere, situated on arguably one of the best water-front lots on the Butler Chain. This one-of-a-kind location is full of live oak trees on three adjoining lots creating unparalleled 180-degree postcard views of Wauseon Bay. The sprawling one-story 7,300 square foot home underwent a complete remodel that was completed in 2023 where it was taken down to the studs and rebuilt with zero expenses spared. The result is a coastal-chic design including new tongue and groove ceilings with distressed beams, new wood/gas burning fireplace and new pool among numerous other upgrades. The grounds are incredible and deliver a true embracement of the Florida lifestyle. Hop on your boat and explore the Butler Chain of Lakes, play on your sand beach, relax poolside, utilize the new summer kitchen and pizza oven, relax with a drink by the outdoor fireplace and enjoy the beautiful sunsets over the lake or practice your short game on your own new putting green. New metal roof and commercial gutters, new saltwater pool & spa, new boat dock with 2 covered slips and 2nd story party deck, all new Sierra Pacific windows and doors. The all-new dream kitchen is the heart of this home and a true showstopper with Kingdom Custom Cabinetry, Thermador appliances, Waterstone unlacquered brass faucets and hardware and hidden custom coffee bar. Media room with projector screen and automatic blinds creates the perfect place for movie nights while utilizing the custom wet-bar with wine fridge and refrigerator drawers. Master suite includes an enormous bedroom with reading nook, grand bathroom and two walk-in custom closets. C4 system installed for the smart home technology you would expect. TESLA SOLAR PANELS cut deep into the electric bill. Natural Gas Genrac Generator for additional peace of mind. A SEPARATE DETACHED 1 bedroom, 1 bath GUEST HOUSE with its own patio overlooking the lake is just another unique and amazing feature of this estate. Could be an ideal in-law suite, office, gym or residence for live in nanny. Plenty of parking with 4 car garage and several paved parking pads on property. NO HOA and in the heart of the Town of Windermere, delivering the convenience and quality of life that makes it one of the most desired places to call home in Central Florida. Located minutes from Sand Lakes famed restaurant row, Disney, Universal Studios, International Drive and all the major expressways. For those not aware, the Butler Chain of Lakes is a 5,000-acre chain of freshwater lakes consisting of 13 canal connected lakes spanning 3 entire zip codes. 50 Forest is on Wauseon Bay of Lake Butler, one of the most sought-after areas of the chain. Hop on your boat anytime and be immediately on the best lake in the chain... delivering the best arena for water sports and championship bass fishing in the area. Sought after K-12 school district and several private school campuses in every direction. Opportunities like this do not come around often, there is no other like it!
Nov 22, 2021 Sold
Sold
Nov 4, 2021 Listed by RE/MAX PRIME PROPERTIES $4,450,000
Listed by RE/MAX PRIME PROPERTIES
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Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 2000
  • Building Count: 3
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 0
  • Building Quality: 13
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 963
  • Parking Space Count: 4
  • Patio Type: 55
  • Porch Type: 35
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 95,413
  • Lot Size Frontage Feet: 980
  • Total Building Area: 8,961
  • Gross Building Area: 8,961
  • Building Area: 7,388
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 7,388
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE BUTLER PARK REP
  • Land Acres: 0000002190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0105
  • State Land Use Code: 001
  • Legal Description 1: REPLAT PART OF LAKE BUTLER PARK R/39 LOT S 18, 19 & 20

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 5810 5820 5840
  • Census Tract: 014809

Zoning

  • Zoning: SFR

Geography

  • Assessors Map Reference: 53D
  • Subdivision Tract Number: 4348
  • Parcel: 08-23-28-4348-00-190
  • Lot: S
  • Meridian: SEC 08 TWN 23S RNG 28E
  • Municipality: WINDERMERE
  • Latitude: 28.5011
  • Longitude: -81.5387

    Address

  • Full Address: 50 Forest St
  • Address - House Number: 50
  • Address - Street Name: Forest
  • Address - Suffix Type: St
  • State: FL
  • City Name: Windermere
  • Carrier Code: R007
  • 4-Digit Zip Code: 8536
  • Zip Code: 34786

Valuation

    Tax

  • Total Area: 8,048
  • Tax Year: 2023
  • Tax Amount: $5,448,734
  • Tax Rate Code Area: 75-WND

    Appraisal Valuation

  • Standard Deviation: 0.4928
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 1
  • Final Value: 4,649,108
  • High Value: 6,940,590
  • Low Value: 2,357,625

    Market Valuation

  • Market Total Value: $3,999,741
  • Market Land Value: $1,130,000
  • Market Improvement Value: $2,869,741

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,326,081

    Sales

  • Current Sale Contract Date: Nov 17, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210717548
  • Previous Sale Recording Date: Jul 19, 2011
  • Previous Sale Contract Date: Jun 22, 2011
  • Previous Sale Amount: $1,300,000
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lake Butler Park


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 937 Algare Loop, WINDERMERE, FL, 34786

$3,750 /mo

  • 4 Beds
  • 3 Baths
  • 2,673 ft²
937 Algare Loop, WINDERMERE, FL, 34786 Listing by Carola Garcia De Montenegro


Frequently Asked Questions

When was property at 50 Forest Street built and last sold?
The property at 50 Forest Street was built in 1956 and last sold on Nov 17, 2021 for $4,000,000.
How much is this home worth?
The estimated value of the home located at 50 Forest Street is $6,790,140.
What are some comparable homes to 50 Forest Street?
There are currently no comparable homes to 50 Forest Street.