4301 Down Point LANE, Windermere, FL, 34786 | $3,999,000

Awake to awe-inspiring sunrises from this unparalleled lakefront estate on LAKE DOWN, nestled within the renowned BUTLER CHAIN of LAKES. Experience the tranquility and exclusivity of Sunset Bay without the burden of HOA fees. Currently, this residence offers one of the most competitive prices per square foot for lakefront homes in Windermere of similar stature (6, 000-7, 000 sqft). Upon entry, be captivated by soaring ceilings and breathtaking lake views. This magnificent screened-in POOL home offers over 150 feet of lakefront and spans three floors, featuring 5 bedrooms, 4 baths, an expansive living room with stunning lake views, 3 garages accommodating 4 cars with ample storage, a BASEMENT, office, formal dining room, and a versatile bonus area with a kitchenette, ideal for a guest suite and game room. The estate boasts 3 fireplaces, a fenced yard, a private boat DOCK suitable for two boats and two jet skis, as well as a sundeck for added enjoyment. The main floor encompasses the gourmet kitchen, dining area, three bedrooms, two baths, two sets of collapsible sliders opening to a covered patio, French doors, and an oversized laundry room. Just a few steps down from the main level is the elegant living room, complete with a bar and additional storage. Remote-controlled hurricane shutters ensure safety and security in the living room. The kitchen is designed for entertaining, with an open layout that perfectly complements the home's ambiance. Upstairs, discover the office and the grand primary suite, featuring a spacious walk-in closet, dual vanity, a tub, shower, fireplace, and a screened-in patio with French doors. The lower level invites you to explore the basement, an additional bedroom, a pool bath, and the bonus area with a full kitchen, all with access to the pool and backyard. This section of the home would be perfect for guests or arranged as a MOTHER-IN-LAW suite. Outside, indulge in the covered entertainment space or relax in the heated pool, complete with a sun shelf and jets. One of the garages includes an air-conditioned workshop (~10x8) and the second garage is oversized (~23x31). The third garage, located under the living room, is equipped with a roll-up hurricane shutter and is perfect for storing small trailers, boat supplies, kayaks, and paddle boards. The front of home has an inviting courtyard where you can enjoy your favorite flowers. Recent updates include a NEW ROOF (2021), exterior paint and shutters (2021), a recently installed AC and water heater (2022 & 2024), screen enclosure (2016), and cool decking on the main level patio. The Butler Chain of Lakes, comprising 13 lakes, is celebrated for its pristine water quality and excellent fishing, as well as its popularity for boating and water sports. Lake Down alone spans around 900 acres, forming approximately 18% of the Butler Chain. Enjoy endless waterways for your sunset cruises. Sunset Bay is strategically located across from Isleworth and just minutes from downtown Windermere, Dr. Phillips' Restaurant Row, theme parks, golf courses, shopping, dining, and more. This lakefront gem offers limitless possibilities. With a touch of creativity and design, you can transform this estate into a masterpiece. Schedule your tour today and turn this dream home into your reality! ** Property video, 3D walk-through and a floor plan are available for this listing. **

Features

  • Rooms: 12
  • Bedrooms: 5
  • Baths: 4 full
  • Laundry: Inside
  • Year Built: 1983
  • Garage: 4-car Driveway, Oversized
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 6,834
  • Acreage: 0.72
  • Est. Taxes: $17,884
  • View: Water
  • Elem. School: Windermere Elem
  • Middle School: Chain of Lakes Middle
  • High School: Olympia High
  • Pool: Heated, In Ground
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Refrigerator, Washer
  • MLS#: O6225401
  • Days on Market: 55 days
  • Website: https://www.raveis.com
    /eprop/O6225401/4301downpointlane_windermere_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/20/2024 4:33:22 AM)
Listing courtesy of BHHS FLORIDA REALTY   Phone: 407-876-2090

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NMLS Mortgage Loan Originator ID 16953

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4301 Down Point LANE, Windermere, FL, 34786

$3,999,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,199,200 $3,199,200 $3,199,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 6.258% 6.201%
Monthly Tax Payment $1,490 $1,490 $1,490
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $19,439 $19,439 $26,997
Total Monthly Payment $21,054 $21,054 $28,612

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.