$4,999,999
NEW CONSTRUCTION $500K PRICE DROP

1003 Down Reserve Ct Windermere, FL 34786

Estimated payment $26,949/month

Total Views 22,320
6 Beds
8 Baths
6,816 Sq Ft
$734 Price per Sq Ft

Highlights

  • Parking available for a boat
  • Guest House
  • Media Room
  • Windermere Elementary School Rated A
  • Access To Chain Of Lakes
  • New Construction

About This Home

Welcome to a rare modern estate in an intimate gated enclave. Imagine 6,816 square feet of fully furnished luxury with six bedrooms, six full baths and two half baths. Every detail of this custom-built masterpiece was designed for those who value privacy, prestige and perfection. Go inside to discover European white oak flooring, soaring ceilings and designer-curated finishes that define understated elegance. The chef’s kitchen features Wolf appliances, an oversized island, and custom cabinetry that flows seamlessly into open-concept living and dining spaces, ideal for entertaining or effortless daily living. The first-floor primary suite is a sanctuary of its own, with a two-story boutique-style dressing room and a spa-inspired bath showcasing dual vanities, a freestanding soaking tub and a double rainfall shower beneath a skylight. Upstairs, each bedroom offers its private en suite, including a flexible Jack and Jill layout. Additional highlights include a private theater, executive office, and a detached casita ideal for guests or multigenerational living. Outdoors, experience your resort retreat, a negative-edge pool with cascading waterfalls, spa jacuzzi, covered lanai, and fully equipped outdoor kitchen built for year-round entertaining. Even the garage is a masterpiece, designed to house six cars and a boat, or up to fifteen vehicles with lifts. In a small, exclusive gated community, this property delivers a balance of modern sophistication and timeless comfort. Homes of this caliber rarely become available. Schedule your private showing today and experience why this estate stands in a class of its own.

Listing Agent

Peyton Lewis

PREMIER SOTHEBYS INT'L REALTY Brokerage Phone: 407-480-5014 License #3491776 Listed on: 10/20/2025

PREMIER SOTHEBYS INT'L REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,317

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.69 Acre Lot
  • East Facing Home
  • Landscaped
  • Private Lot
  • Corner Lot
  • Property is zoned PUD

HOA Fees

  • $433 Monthly HOA Fees

Parking

  • 6 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking available for a boat
  • Golf Cart Parking

Home Design

  • Custom Home
  • Midcentury Modern Architecture
  • Contemporary Architecture
  • Bi-Level Home
  • Brick Foundation
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,816 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Electric Fireplace
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Media Room
  • Home Office
  • Bonus Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Wolf Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • In-Law or Guest Suite
  • Low Flow Plumbing Fixtures
  • Freestanding Bathtub
  • Soaking Tub

Home Security

  • Home Security System
  • Smart Home
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient Construction
  • Energy-Efficient Insulation
  • Irrigation System Uses Drip or Micro Heads

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Saltwater Pool
  • Outdoor Shower
  • Pool Lighting

Outdoor Features

  • Access To Chain Of Lakes
  • Balcony
  • Wrap Around Porch
  • Screened Patio
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Additional Homes

  • Guest House

Schools

  • Wyndham Lakes Elementary School
  • Chain Of Lakes Middle School
  • Olympia High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Thermostat
  • Tankless Water Heater

Listing and Financial Details

Community Details

Overview

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,317

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$433 per month

Parking

6

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Custom, Mid-Century Modern
  • Construction Materials: Block, Concrete, Other
  • Fireplace: Yes
  • Living Area: 6816
  • Lot Size Acres: 0.69
  • New Construction: Yes
  • Year Built: 2025
  • Building Area Total: 10573
  • Lot Size Sq Ft: 30125
  • Status: Active
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 982.26
  • Escrow State: FL
  • Minimum Lease: 8-12 Months
  • RATIO Current Price By Calculate: 733.57
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 1
  • MFR_DockYN: 0
  • MFR_CommunityAssociationWaterFeatures: Water Access
  • MFR_InLawSuiteDescription: 1 Bathroom,Attached
  • Attribution Contact: 407-480-5014
  • Tax Year: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace Features: Electric, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Wood
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Smart Home, Thermostat, Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Exhaust Fan, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Total Bedrooms: 6
  • Levels: Two
  • Other Equipment: Irrigation Equipment
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Window Features: Skylight(s), Low-Emissivity Windows
  • Additional Rooms: Bonus Room,Interior In-Law Suite w/Private Entry,Media Room
  • Living Area Meters: 633.23

Exterior Features

  • Direction Faces: East
  • Other Structures: Guest House
  • Pool Features: Heated, In Ground, Lighting, Salt Water
  • Exterior Features: Balcony, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sliding Doors
  • Roof: Membrane
  • Pool Private: Yes
  • Water Body Name: LAKE DOWN
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch, Screened, Wrap Around
  • Road Surface Type: Asphalt, Paved
  • Water Access: Lake - Chain of Lakes
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12095C0385F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 6
  • Garage Yn: Yes
  • Parking Features: Boat, Driveway, Garage Door Opener, Golf Cart Parking, Oversized, Garage

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Natural Gas Connected, Public, Water Available
  • Cooling: Central Air
  • Heating: Electric, Natural Gas
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Gated Community - No Guard
  • Association Fee: 1300
  • Association Fee Frequency: Quarterly
  • Association Name: Lake Down Reserve HOA
  • Phone: Sharon Brown
  • Association: Yes
  • Security: Fire Alarm, Gated Community, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Buyer to confirm restrictions with HOA/City/County.
  • Association Fee Requirement: Required
  • Association Email: sbrown@ssbaccounting.com
  • Association URL: 352-446-6292

Fee Information

  • Total Annual Fees: 5200.00
  • Total Monthly Fees: 433.33
  • Monthly HOA Amount: 433.33

Schools

  • Elementary School: Wyndham Lakes Elementary
  • High School: Olympia High
  • Middle Or Junior School: Chain of Lakes Middle

Lot Info

  • Zoning: PUD
  • Parcel Number: 09-23-28-7496-00-060
  • Additional Parcels: No
  • Fencing: Other
  • Lot Features: Corner Lot, Landscaped, Paved, Private
  • Flood Zone Code: X

Green Features

  • Efficiency: Construction, Insulation, Windows
  • Green Water Conservation: Irrig. System-Drip/Microheads, Low-Flow Fixtures

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer to confirm restrictions with HOA/City/County.

Tax Info

  • Tax Annual Amount: 6317
  • Tax Block: 00/060
  • Tax Book Number: 91/17
  • Tax Lot: 6

Multi Family

  • Approval Process: Buyer to confirm restrictions with HOA/City/County.

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,317 $380,000 $380,000 --
2024 $5,873 $380,000 $380,000 --
2023 $5,873 $380,000 $380,000 $0
2022 $5,889 $380,000 $380,000 $0
2021 $6,004 $380,000 $380,000 $0
2020 $2,294 $150,000 $150,000 $0
2019 $2,429 $150,000 $150,000 $0
2018 $2,460 $150,000 $150,000 $0
2017 $2,414 $150,000 $150,000 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2025 12/22/25 Price Changed $4,999,999 -9.1% $734 / Sq Ft
10/20/2025 10/20/25 For Sale $5,499,999 +109.4% $807 / Sq Ft
06/11/2021 06/11/21 Sold $2,627,000 0.0% $385 / Sq Ft View Prior Sale
06/11/2021 06/11/21 For Sale $2,627,000 -- $385 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $450,000 Premier Title Services
Administrators Deed $1,980,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,836,800 New Conventional
Previous Owner $1,300,000 Commercial
Source: Public Records

Source: Stellar MLS

MLS Number: O6353952

Stellar MLS

APN: 09-2328-7496-00-060