$6,895,000
NEW CONSTRUCTION $305K PRICE DROP

550 Palmer Ave Winter Park, FL 32789

Estimated payment $36,698/month

Total Views 82,220
5 Beds
6.5 Baths
5,939 Sq Ft
$1,161 Price per Sq Ft

Highlights

  • Cabana
  • New Construction
  • 0.48 Acre Lot
  • Winter Park High Rated A
  • Custom Home
  • Open Floorplan

About This Home

Exquisite new construction in the Heart of Winter Park perfectly positioned on an oversized lot just steps from Park Avenue’s renowned shops, fine dining, and the iconic Winter Park 9-hole golf course, this extraordinary custom residence is a showcase of timeless design and modern luxury. Conceived by acclaimed architect Dan Delong of Origins Residential Design and brought to life by Sean Wulff of Native Homes, every detail has been thoughtfully curated to impress even the most discerning buyer. The expansive floor plan encompasses 5 bedrooms, 6 full baths, and 1 half bath, blending sophistication and comfort across multiple living spaces. Highlights include a dramatic great room, inviting family room, private study, downstairs guest suite, a full bar featuring a 56-bottle wine refrigerator, and an upstairs game room ideal for both everyday living and elegant entertaining. A grand entry reveals the great room with soaring floor-to-ceiling windows and elegant Italian porcelain tile, all overlooking the serene pool and patio. The chef’s kitchen seamlessly connects to the family room and features Canadian-crafted European-style cabinetry, Wolf, Sub-Zero & Fisher & Paykel appliances (dual ovens, dual dishwashers, built-in coffee maker, wine cooler, and beverage center), quartzite countertops, a large island with bar seating, hidden walk-in pantry, plus whole house water softener and filtration systems for premium convenience. The first-floor primary suite is a true retreat with spa-inspired amenities and a custom-built walk-in closet complete with cabinetry and a spacious island. Also on the main level: a private guest suite and dedicated home office/study. Upstairs, a generous game room and three additional en suite bedrooms provide comfort and privacy for family and guests alike. Designed for seamless indoor-outdoor living, the residence boasts two covered lanais finished in Turkish Marble, disappearing screens, a summer kitchen with Urban Bonfire Cabinetry, refrigerator, and ice maker, along with a freestanding fire pit and lush tropical landscaping. The saltwater pool with sun shelf and heated gas spa ensures year-round enjoyment. Built to the highest standards, the home features R-14 block walls with core 500 insulation, open cell foam insulation in attic, Andersen windows, a flat concrete tile roof, and tongue-and-groove ceilings on all lanais. Additional luxuries include:
Select European white oak wood floors and Italian porcelain flooring throughout
12’ ceilings on the main level, 10’ ceilings upstairs
Cutting-edge construction for efficiency and durability

Listing Agent

John McDade

FANNIE HILLMAN & ASSOCIATES Brokerage Phone: 407-644-1234 License #546150 Listed on: 10/22/2025

FANNIE HILLMAN & ASSOCIATES

Co-Listing Agent

Wendy Williams Crumit

FANNIE HILLMAN & ASSOCIATES Brokerage Phone: 407-644-1234 License #426986

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,292

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 150x130x100x50x160
  • North Facing Home
  • Oversized Lot
  • Irrigation Equipment
  • Landscaped with Trees
  • Property is zoned R-1AA

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Custom Home
  • Contemporary Architecture
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,939 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Built-In Desk
  • Dry Bar
  • Crown Molding
  • High Ceiling
  • Electric Fireplace
  • Insulated Windows
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Bonus Room
  • Inside Utility
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Convection Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Wolf Appliances
  • Cooking Island
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Brick
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Split Vanities
  • Private Water Closet
  • Bathtub With Separate Shower Stall
  • Shower Only
  • Steam Shower
  • Rain Shower Head
  • Multiple Shower Heads
  • Built-In Shower Bench

Home Security

  • Security System Owned
  • Fire and Smoke Detector
  • In Wall Pest System

Pool

  • Cabana
  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Rain Gutters

Schools

  • Lakemont Elementary School
  • Maitland Middle School
  • Winter Park High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidity Control
  • Heat or Energy Recovery Ventilation System
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Built by Native Homes Inc
  • Osceola Place Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,292

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Custom
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 5939
  • Lot Size Acres: 0.48
  • New Construction: Yes
  • Year Built: 2025
  • Building Area Total: 8002
  • Lot Size Sq Ft: 20997
  • Status: Active
  • Co List Office Mls Id: MFR51588
  • Co List Office Phone: 407-644-1234
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 743.41
  • Escrow City: Orlando
  • Escrow State: FL
  • Escrow Street Name: West Colonial Dr.
  • RATIO Current Price By Calculate: 1160.97
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 407-644-1234
  • Tax Year: 2025
  • Special Features: NewHome

Interior Features

  • Fireplace Features: Electric, Living Room, Other
  • Living Area Units: Square Feet
  • Flooring: Hardwood, Tile
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Crown Molding, Dry Bar, Eat-in Kitchen, High Ceilings, In Wall Pest System, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Other Equipment: Irrigation Equipment
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Insulated Windows
  • Additional Rooms: Bonus Room,Den/Library/Office,Family Room,Inside Utility
  • Living Area Meters: 551.75

Exterior Features

  • Direction Faces: North
  • Other Structures: Cabana, Outdoor Kitchen
  • Pool Features: Gunite, In Ground, Salt Water
  • Exterior Features: Lighting, Rain Gutters, Sliding Doors
  • Roof: Concrete, Tile
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Porch, Rear Porch
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12095C0255F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener, Garage

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air, Humidity Control, Zoned
  • Heating: Central, Heat Recovery Unit, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association: No
  • Security: Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Lakemont Elem
  • High School: Winter Park High
  • Middle Or Junior School: Maitland Middle

Lot Info

  • Zoning: R-1AA
  • Parcel Number: 05-22-30-6468-00-011
  • Additional Parcels: No
  • Fencing: Other
  • Lot Features: City Limits, Oversized Lot, Sidewalk
  • Lot Dimensions: 150x130x100x50x160
  • Flood Zone Code: X

Building Info

  • Builder Name: Native Homes Inc

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 10292
  • Tax Block: 00
  • Tax Book Number: H-56
  • Tax Lot: 2

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 $10,312 $670,000 $670,000 --
2024 $9,373 $670,000 $670,000 --
2023 $9,373 $610,000 $610,000 $0
2022 $9,425 $610,000 $610,000 $0
2021 $9,621 $610,000 $610,000 $0
2020 $9,394 $610,000 $610,000 $0
2019 $9,953 $610,000 $610,000 $0
2018 $20,248 $1,222,891 $610,000 $612,891
2017 $20,275 $1,208,074 $610,000 $598,074
2016 $17,483 $1,191,402 $610,000 $581,402
2015 $17,903 $1,176,687 $589,000 $587,687
2014 $18,059 $1,063,145 $428,000 $635,145
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2026 01/07/26 Price Changed $6,895,000 -4.2% $1,161 / Sq Ft
10/27/2025 10/27/25 For Sale $7,200,000 0.0% $1,212 / Sq Ft
10/23/2025 10/23/25 Off Market $7,200,000 -- --
10/22/2025 10/22/25 For Sale $7,200,000 +159900.0% $1,212 / Sq Ft
04/27/2018 04/27/18 Sold $4,500 0.0% $1 / Sq Ft View Prior Sale
04/27/2018 04/27/18 Sold $4,500 -99.5% $1 / Sq Ft View Prior Sale
02/05/2018 02/05/18 Price Changed $998,900 0.0% $212 / Sq Ft
02/05/2018 02/05/18 Price Changed $998,900 -4.9% $212 / Sq Ft
11/17/2017 11/17/17 For Sale $1,050,000 0.0% $223 / Sq Ft
11/17/2017 11/17/17 Price Changed $1,050,000 -4.5% $223 / Sq Ft
09/28/2017 09/28/17 Price Changed $1,100,000 -4.3% $234 / Sq Ft
08/21/2017 08/21/17 Price Changed $1,150,000 -2.1% $244 / Sq Ft
08/07/2017 08/07/17 Price Changed $1,175,000 -6.0% $250 / Sq Ft
06/07/2017 06/07/17 For Sale $1,250,000 +34.4% $266 / Sq Ft
06/16/2014 06/16/14 Off Market $930,000 -- --
03/28/2013 03/28/13 Sold $930,000 +6.3% $198 / Sq Ft View Prior Sale
01/22/2013 01/22/13 Pending -- -- --
01/21/2013 01/21/13 For Sale $875,000 -- $186 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: O6349188

Stellar MLS

APN: 05-2230-6468-00-011