5127 LEEWARD WAY
About This Property
Set at the end of a peaceful cul-de-sac, this 4-bedroom, 3-bath pool home blends lakefront living with cozy fall charm. From golden afternoons on the Conway Chain of Lakes to crisp evenings by the firepit, every day feels like a getaway.
Inside, the spacious eat-in kitchen features granite countertops, stainless steel appliances, and plenty of room for both everyday meals and seasonal gatherings. A flexible upstairs bonus room offers space for a media lounge, guest suite, or creative retreat.
Outdoors, tropical landscaping and fruit-bearing gardens line winding paths that lead to the sparkling pool and spa. At the water's edge, a covered boat dock with lift invites you to savor sunrise paddleboarding, autumn sunsets, or weekend boating adventures.
Practical design meets personality with a 3-car garage, extended driveway, and a climate-controlled She Shed complete with chandelier - perfect for an office, art studio, or private hideaway.
According to Orange County tax records, the home is zoned for Pershing K-8 and Boone High School, both known for strong academic programs.
Here, summer fun blends seamlessly into fall evenings under starlit skies. 5127 Leeward Way is more than a house - it's a retreat ready for every season.
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What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Sep 16, 2025 | Price Decreased |
$1,450,000
↓ $140K
(8.8%) | |
| Price Decreased | |||
| Jun 19, 2025 | Price Decreased |
$1,590,000
↓ $60K
(3.6%) | |
| Price Decreased | |||
| May 17, 2025 | Listed by FATHOM REALTY FL LLC | $1,650,000 | |
| Listed by FATHOM REALTY FL LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017