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503 N SUMMERLIN AVENUE

House For Sale
$1,499,000

BTC: 24.41368078

ETH: 858.53379152

193 days
5 bds
2 ba
4,230 sqft

Overview

Rare Gated Compound in Lake Eola Heights. Two Homes, Two Parcels, Endless Possibilities. Located at the corner of E Amelia St and N Summerlin Ave, this exceptional property spans two parcels and features two custom-built homes—perfect for creating a private estate, a live/work setup, or two high-end rentals. Built in 2007 and recognized by the National Preservation and Historic Board, “Cottage Way” includes a 2,300 sq ft Spanish Mediterranean home with soaring ceilings, travertine flooring, a wood-burning fireplace, Sub-Zero appliances, an Otis two-floor elevator, and a beautiful second-floor balcony overlooking the historic neighborhood. The second home is a charming Craftsman-style residence with a welcoming front porch, detailed interior woodwork, a brick fireplace, a spacious 400 sq ft wardrobe room, and a luxurious owner’s suite with a jacuzzi tub, multi-head shower, and built-in bar with wine fridge. A versatile loft adds even more usable space. Whether you’re seeking a luxury compound, creative workspace, or an investment opportunity with strong rental potential, this gated property offers unmatched flexibility in one of Downtown Orlando’s most desirable historic districts. A rare opportunity in Lake Eola Heights, schedule your private showing today.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
2007
Lot:
0.21 Acres
Heating:
Central
Price/sqft:
$354
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,095,000
$533K – $2.0M
Confidence Low
List vs. estimate
$404K above estimate
List $1,499,000 · +36.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$354
+33.0% vs. city median $266
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$19,187
2023
Garage
2 car garage
All facts and features
  • Flooring

    • Carpet

    • Marble

    • Hardwood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Cooktop

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Central Vacuum

    • Crown Molding

    • Elevator

    • Stone Counters

    • Thermostat

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: Two

    • Exterior Features: Courtyard / Outdoor Shower / Sidewalk

    Lot

    • Lot: 0.21 Acres

    Other Property Information

    • Parcel Number: 252229177400010

    • Zoning: R-2B/T/HP

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Available

    • Electricity Connected

    • Sewer Available

    • Sewer Connected

    • Water Available

    • Water Connected

  • Other financial information

    • Annual tax amount: $19,188

  • Source details

    • MLS ID: O6363010

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Slab

    • Fireplace Features: Living Room / Wood Burning

    • Laundry Features: Inside / Laundry Room

    • Patio And Porch Features: Front Porch

    • Direction Faces: South

    • Other Structures: Additional Single Family Home

    • Fireplace: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 4230

    • Water Source: Public

    • Subdivision Name: COTTAGE WAY

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: OLDE TOWN BROKERS INC