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403 WATER STREET

House For Sale
$1,949,000

BTC: 30.45312500

ETH: 1,116.26575029

30 days
Waterfront
5 bds
4 ba
4,730 sqft

Overview

Perfectly positioned in the heart of Celebrations Main Village, Canna Lily on Water Street represents a rare opportunity to own one of only five estate homes on iconic Water Street, known for its picturesque canal running down the center of the street. Just across from the Celebration Golf Club and only a short stroll to Market Street, community events, and Lakeside Park, the location is exceptional. Upon entering, you are welcomed by a gracious foyer with a formal dining room to the right and a private office to the left. Straight ahead, the home opens into a dramatic two-story great room, filled with natural light and framed by classic columns with custom millwork, anchored by a gas fireplace—creating a striking yet inviting central gathering space. This stately Colonial residence offers an expansive and thoughtfully designed floor plan, blending timeless architecture with functional, everyday livability. Generous living areas unfold with a natural flow, ideal for both refined entertaining and comfortable daily life. The first-floor primary suite provides a private and well-appointed retreat with both comfort and convenience, featuring French doors that open directly to the pool. Upstairs, the second floor is thoughtfully designed with one en-suite bedroom, along with two additional bedrooms connected by a Jack and Jill bath. One of the bedrooms features a dedicated homework or study area, adding a layer of functionality for today’s lifestyle. An additional room on this level offers flexibility as an office or playroom and can easily be converted into an additional bedroom with the addition of a closet. Beyond the main residence, a private pool creates a true backyard retreat—perfect for both quiet relaxation and entertaining. The garage apartment offers a fully independent mother-in-law suite above the three-car garage, ideal for extended family, guests, or flexible use. With only five estate homes on Water Street, the combination of location, layout, and rarity make Canna Lily on Water Street a truly compelling offering.

Location

Details

Type:
Residential
Parking:
Alley Access / Garage Faces Rear
Year Built:
1997
Lot:
0.28 Acres
Heating:
Central
Price/sqft:
$412
Cooling:
Central Air
HOA:
$357

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,949,000
$1.0M – $2.1M
Confidence Low
List vs. estimate
At estimate
List $1,949,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$412
+3.6% vs. city median $397
Based on
7 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$22,230
2025
HOA
$357/qtr
Pool
Gunite
View
Water
Waterfront
Pond
Garage
3 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    • Engineered Hardwood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Cooktop

    • Disposal

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Built-in Features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • High Ceilings

    • Primary Bedroom Main Floor

    • Solid Surface Counters

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 1

    • Full bathrooms: 4

  • Parking

    • Alley Access

    • Garage Faces Rear

    Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Irrigation System / Outdoor Kitchen

    Lot

    • Lot: 0.28 Acres

    Other Property Information

    • Parcel Number: 072528278300012330

    • Zoning: OPUD

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

  • Other financial information

    • HOA: $357

    • HOA Frequency: Quarterly

    • Annual tax amount: $22,230

  • Source details

    • MLS ID: S5148942

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Slab

    • Fireplace Features: Gas

    • Laundry Features: Laundry Room

    • Patio And Porch Features: Covered / Patio / Rear Porch

    • Pool Features: Gunite / In Ground

    • Direction Faces: West

    • Architectural Style: Colonial

    • Waterfront: Yes

    • Fireplace: Yes

    • Garage Spaces: 3

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 4730

    • Water Source: Public

    • Subdivision Name: CELEBRATION VILLAGE UNIT 2

Private inquiry
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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: NECTAR REAL ESTATE