Property
ActiveResidential
1/29
$10,500,000

4226 DOWNEAST LANE

Windermere, FL 34786
5
Beds
3
Baths
5,316
SqFt
9.03
Acres
STELLAR
#O6355233
Updated: May 21, 2026, 3:38pm

Property Description

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.
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Included Appliances
Range

Property Details

Highlights
View
Yes
Waterfront
Yes
Interior
Appliances
Range
Bathrooms Total Decimal
3
Building Area Total
8516
Cooling
Central Air
Fireplace Features
Family Room
Flooring
CarpetCeramic Tile
Furnished
Unfurnished
Heating
Central
Interior Features
Split BedroomVaulted Ceiling(s)
Laundry Features
Inside
Living Area
5316
Rooms Total
3
Construction
Architectural Style
Traditional
Building Area Source
Public Records
Building Area Units
Square Feet
Construction Materials
BlockStucco
Direction Faces
East
Foundation Details
Block
Levels
Two
Living Area Source
Public Records
Living Area Units
Square Feet
Property Condition
Completed
Roof
Shingle
Stories Total
2
Year Built
1980
Site & Exterior
Additional Water Information
Lake Down
Covered Spaces
4
Exterior Features
Sliding Doors
Flood Zone Code
AEX
Garage Spaces
4
I D X Participation
Yes
Lot Features
Cul-De-SacIn CountyLandscapedStreet Dead-End
Lot Size Acres
9.03
Lot Size Area
9.0305
Lot Size Square Feet
393368
Lot Size Units
Acres
Number Of Wells
Yes
Parking Features
Garage Faces SideOversized
Patio And Porch Features
CoveredFront PorchRear Porch
Pool Features
GuniteIn Ground
Public Survey Range
28
Public Survey Section
09
Road Frontage Type
Street Dead-EndStreet Paved
Road Surface Type
PavedOther
Sewer
Septic Tank
Total Acreage
5 to less than 10
Utilities
Cable AvailableNatural Gas Available
Vegetation
Mature LandscapingOak Trees
View
Water
Water Access
Yes
Water Body Name
BUTLER CHAIN OF LAKES
Water Extras
Yes
Water Source
Well
Water View
Yes
Waterfront
Yes
Waterfront Features
Lake Front
Waterfront Feet Total
303
Zoning
R-CE
Zoning Compatible
Yes
Financials
Additional Parcels
Yes
Additional Parcels Description
09-23-28-0000-00-055
Calculated List Price By Calculated Sq Ft
1975.17
Contract Status Change Date
2025-10-24
Current Price
10500000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
8-12 Months
Ownership
Fee Simple
Parcel Number
092328000000011
Public Survey Township
23
Tax Annual Amount
10925.77
Tax Book Number
2816/0370
Tax Legal Description
(NOTE: HOMESTEAD PORTION OF THE FOLLOWING DESCRIBED PROPERTY) N 301.7 FT OF S 603.4 FT OF N 1074.8 FT OF NE1/4 OF SE1/4(LESS RD R/W ON E) OF SEC 09-23-28 SEE 2816/0370 (LENGTHY see attachement) 2 parcels
Tax Lot
11
Tax Year
2024

Neighborhood & Lifestyle

Community & Association
M L S Area Major
34786 - Windermere
Schools
Ratings
Elementary
Windermere Elem
Middle
Chain of Lakes Middle
High
Olympia High
Listing provided courtesy of STELLAR via IDX. Updated: May 21, 2026, 3:38pm.
Thad Czapka

Listing Agent

COLDWELL BANKER RESIDENTIAL RE

Call Agent