526 Butler STREET, Windermere, FL, 34786 | $5,755,000

Rare, coveted, and simply extraordinary. Majestic in every way, this Butler Chain of Lakes oasis boasts over one acre of landscaped beauty, exquisite design, extreme privacy, and is now being offered for the very first time. Nestled on a serene street in historic downtown Windermere moments from the vibrant hub of charming boutiques and eateries, this remarkable property will simply take your breath away. Enjoy western exposure sunsets with Lake Butler and Bird Island vistas from the comfort of your waterfront estate. The property features a grandfathered boathouse with sought after screen room complete with bar and entertaining space, covered boat slip with electric door, mooring whips for additional boat docking, and 2 jet ski lifts. Delight in the pristine white sand beach and the crystalline waters along 150 feet of lake frontage. Situated on meticulously mature landscaped grounds, the backyard oasis offers a delightful cabana with gas grill, open patio seating, adjacent oversized screened porch, all with ample space leftover for a future pool. Step into the grand foyer, where beautiful tongue and groove barreled ceiling and exquisite millwork set the tone, flanked by the warm and inviting formal living and dining rooms. Revel in the warmth of two wood-burning fireplaces, one gracing the formal living room and the other a stunning two story river rock fireplace framed by custom hewn timber trusses in the soaring family room. The dining room, complete with vaulted tongue and groove ceiling, transitions seamlessly to a butler's pantry, generous walk-in pantry, and chef inspired gourmet kitchen with an eat-in area boasting panoramic lake views. Convenience abounds with a side entry leading to a spacious laundry room, built-in desk area, powder bath, and a bonus room over the main garage. The opposite wing of the residence encompasses a handsome study with built-ins, adjacent wine cellar and two bedroom ensuites, both with oversized closets. Ascend to the overly generous upstairs owner’s suite, where your private balcony overlooks the lake and terraced backyard. Complimenting the expansive custom walk-in closets, lies a sumptuous bath featuring a soaking tub, separate oversized shower, and dual vanities that complete the second floor. Enhancing the estate's allure are two detached two-car garages, one connected to the main residence by a covered walkway, while the second features a first floor detached guest suite with a full bath and kitchenette. Above, two expansive flex spaces provide utmost versatility, currently utilized as a gym and additional guest sleeping quarters. The property's curb appeal is unmatched, thanks to lush, manicured landscaping framing the entrance, with exquisite river rock garden walls, and paver walkways. Thoughtfully designed for optimal storage and adorned with meticulous custom finishes, this property offers the epitome of luxury lakefront living with no HOA restrictions. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).

Features

  • Rooms: 13
  • Bedrooms: 4
  • Baths: 4 full / 2 half
  • Lot Size: 150 x 321
  • Laundry: Laundry Room
  • Year Built: 1998
  • Garage: 4-car Garage Door Opener, Garage Faces Side
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 6,688
  • Acreage: 1.18
  • Lot Size: 150 x 321
  • Est. Taxes: $26,022
  • Elem. School: Windermere Elem
  • Middle School: Gotha Middle
  • High School: Olympia High
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer
  • MLS#: O6178229
  • Days on Market: 50 days
  • Website: https://www.raveis.com
    /eprop/O6178229/526butlerstreet_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 5/8/2024 8:02:11 PM)
Listing courtesy of STOCKWORTH REALTY GROUP   Phone: 407-909-5900

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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526 Butler STREET, Windermere, FL, 34786

$5,755,000

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 $4,604,000 $4,604,000 $4,604,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.014% 6.915%
Monthly Tax Payment $2,169 $2,169 $2,169
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $31,018 $30,245 $40,741
Total Monthly Payment $33,311 $32,538 $43,034

* 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.