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Under Construction. Modern New Construction on the Butler Chain Canal – Downtown Windermere
Experience bright, modern waterfront living in the heart of the Town of Windermere. This brand-new construction single-story home is currently under construction with an anticipated completion date of late Summer 2026. The residence will offer approximately 2, 500 square feet of living space and 4, 280 total square feet, featuring 4 bedrooms and 4 bathrooms with a spacious open-concept design ideal for both everyday living and entertaining.
Perfectly positioned on a wide canal with approximately 90 feet of frontage, the property provides direct boating access to the entire Butler Chain of Lakes. The large homesite offers generous front and backyard space and showcases pristine water views of the canal.
Inside, the thoughtfully designed floor plan will emphasize light-filled living areas, modern finishes, and seamless flow between the kitchen, dining, and living spaces. Expansive windows will bring in natural light while framing the beautiful waterfront setting.
Located just minutes from Downtown Windermere, residents enjoy convenient access to local parks, tennis courts, farmers markets, dining, and community events. The home is also ideally situated near major shopping and everyday conveniences while maintaining the charm of Windermere living.
Positioned in a prestigious Windermere location directly across from multimillion-dollar lakefront estates, this property offers the rare opportunity to enjoy modern new construction with Butler Chain access in one of Central Florida’s most desirable communities.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$3,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,800,000 | $2,800,000 | $2,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.130% | 5.984% | 5.912% |
| Monthly Tax Payment | $799 | $799 | $799 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,898 | $16,563 | $23,251 |
| Total Monthly Payment | $16,822 | $17,487 | $24,175 |
* 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.