In the heart of Windermere, within the scenic enclave of the Manors at Butler Bay, a striking residential property has hit the market. This spacious single-family residence, built in 1988, offers a unique blend of traditional and Craftsman architectural styles, perfect for those looking to settle in Orange County, Florida. With an impressive lot size of 55,308 square feet, prospective buyers will find themselves attracted to the serene lakefront views and ample space for outdoor activities.
Not only does this property feature a comfortable living environment with three total rooms and two full baths, but it also boasts desirable amenities like a gunite saltwater pool, a three-car attached garage, and various security features including a closed-circuit camera system and smoke detectors. The utilities are fully connected, including cable and electricity, ensuring that residents enjoy modern conveniences while surrounded by nature.
Property Details and Environment
While the allure of this residence is hard to resist, potential buyers should also consider the benefits and risks associated with environmental factors in real estate. As highlighted by UMFIS, environmental considerations are growing in importance when evaluating property values. As we move forward into 2025, banks are expected to take these factors into account when assessing creditworthiness, meaning that a thorough understanding of any hazards is essential for buyers.
According to Fannie Mae, appraisers are responsible for noting any hazardous conditions surrounding the property. Conditions such as toxic substances or potential asbestos presence must be documented as they can greatly influence both the property’s value and marketability. Understanding the environment around the Manors at Butler Bay is crucial—especially with agents expected to analyze the impact of hazards on comparable homes in the area.
Moreover, the attributes of the location itself play a pivotal role in determining market value. Properties near green spaces or bodies of water can see value increases of up to 20%, while environmental risks such as flood zones could depress values by as much as 25%. The Windermere property sits adjacent to beautiful Lake Crescent, providing potential buyers with both recreational opportunities and aesthetic beauty that could enhance its long-term value.
Investment Considerations and Future Outlook
Recent market analyses indicate that environmental factors are becoming integral to property pricing. A buyer must weigh the aesthetic allure of this Windermere home against potential challenges posed by its surroundings. For instance, locations at high risk for floods or industrial pollution can see dramatic reductions in property value, with estimates suggesting declines of up to 25% under severe conditions.
That being said, investing in homes that prioritize sustainability can yield vast benefits. Properties equipped with energy-efficient features or sustainable certifications can command a premium, with increases in sale prices between 7% and 11%. This highlights the importance of considering not just the current value, but future growth potential.
In reviewing the Windermere property listing, it’s important to remember that association fees of $345 semi-annually and a monthly HOA charge of $57.50 are part of the overall cost of homeownership in this coveted neighborhood. Moreover, the annual property tax for 2025 is noted at $10,988.86, which will need to be factored into any financial considerations.
In conclusion, this stunning single-family residence in Windermere offers not just a home, but a myriad of investment opportunities. With its strategic placement and enviable features, it can significantly enrich the lived experience of any owner. However, as prospective buyers dive deeper into the market, they must remain educated about environmental factors and their potential impact on property value.
So, if you’re considering a move, it might just make sense to take a closer look at what Windermere has to offer—after all, who wouldn’t want a little slice of paradise next to Lake Crescent?
For more details on the property, visit Weichert.