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4226 DOWNEAST LANE

House For Sale
$10,500,000

BTC: 166.66666667

ETH: 6,013.74570447

-$4M (2026/04/08)
223 days
Waterfront
5 bds
3 ba
5,316 sqft

Overview

Dramatic price improvement on this exceptional 5+ acre Lake Down development opportunity, offering 300 feet of pristine shoreline on the coveted Butler Chain of Lakes and positioned on the best side of Windermere with unmatched convenience to SR-408 and downtown Orlando. This rare parcel, zoned R-CE, allows for the creation of up to three luxury lakefront homes or a single premier estate compound, all while enjoying the prestige of a Windermere address with immediate access to Isleworth, Bay Hill, and downtown Windermere. The property includes an existing 5,000 sq ft home with five bedrooms, 3.1 baths, and an oversized four-car garage—ideal as a temporary residence or teardown for redevelopment. Beyond its development potential, the land itself is a natural sanctuary: mature trees and lush landscaping create a haven for native birds, passion flower vines attract vibrant butterflies, and natural Florida water plants along the shoreline provide a thriving nursery habitat for breeding wildlife and small fish. This is a rare chance for developers, custom builders, or investors to deliver exceptional lakefront homes in one of Central Florida’s most desirable luxury corridors. Also listed as Residential MLS #6367852.

Location

Details

Type:
Residential
Parking:
Garage Faces Side / Oversized
Year Built:
1980
Lot:
9.03 Acres
Heating:
Central
Price/sqft:
$1,975
Cooling:
Central Air
HOA:
No Data

Highlights

Annual tax
$10,925
2024
Pool
Gunite
View
Water
Waterfront
Lake Front
Garage
4 car garage
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Range

    Other interior features

    • Split Bedroom

    • Vaulted Ceiling(s)

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 3

  • Parking

    • Garage Faces Side

    • Oversized

    Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Sliding Doors

    Lot

    • Lot: 9.03 Acres

    Other Property Information

    • Parcel Number: 092328000000011

    • Zoning: R-CE

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Natural Gas Available

  • Other financial information

    • Annual tax amount: $10,926

  • Source details

    • MLS ID: O6355233

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Block

    • Fireplace Features: Family Room

    • Laundry Features: Inside

    • Lot Features: Cul-De-Sac / In County / Landscaped / Street Dead-End

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

    • Pool Features: Gunite / In Ground

    • Direction Faces: East

    • Architectural Style: Traditional

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: BUTLER CHAIN OF LAKES

    • Garage Spaces: 4

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 5316

    • Water Source: Well

    • Subdivision Name: NA

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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: COLDWELL BANKER RESIDENTIAL RE