Lakefront Development Opportunity in
For Sale
$10,500,000
4226 DOWNEAST LANE, Windermere, FL 34786
5+ acres with 300 feet of shoreline on Lake Down.
Property Size5,000 SF
Lot Size9.03 Acres
Price / SF$2,100
Days on Market236
Property Features for 4226 DOWNEAST LANE
General Information
Standard status
Active
Size
5,000 SF
Lot size
9.03 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$10,926
Amenities
Pool
Public Pool
Buildable
Cleared
Cul-de-sac
Oversized
Listing Agency:
COLDWELL BANKER RESIDENTIAL RE
(407) 647-1211
Listed By:
THAD CZAPKA
Source:
Corcoran
Added: Dec 17, 2025
Changed: Aug 8
Last Checked: Jul 16 at 3:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER RESIDENTIAL RE
Investment Insights
Based on property information with market context.
This exceptional development opportunity features over 5 acres of waterfront land with 300 feet of shoreline on Lake Down, part of the Butler Chain of Lakes. Currently zoned R-CE, the property should allow for three lakefront luxury home sites. This is a rare chance to create a premier lakefront estate or subdivide to create three ideally sized lots with water frontage. The property includes an older 5,000 sq ft home with five bedrooms and 3.1 bathrooms, along with an oversized four-car garage, which can serve as a temporary residence or be torn down. The property is situated on the east side of Windermere, with convenient access from Conroy Windermere Road and Apopka Vineland, offering the prestige of a Windermere address and proximity to luxury amenities. It is located minutes from Isleworth Country Club, Bay Hill, and downtown Windermere. This property presents a canvas for luxury estates in one of Central Florida’s most desirable waterfront corridors. This is an opportunity for developers, custom builders, or investors to explore and deliver exceptional homes in a highly sought-after market.
Key Highlights
- 5+ acre waterfront property with 300 feet of shoreline on Lake Down (Butler Chain of Lakes)
- R‑CE zoning allows for development of 3 lakefront luxury home sites
- Exceptional development opportunity for builders, developers, or investors
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
843
Businesses Nearby
Explore this area
Business Placement
Demographics for 34786, FL
46,553
Population
17,702
Households
2.6
Avg Household Size
37
Median Age
59%
College-Educated
97%
High-School Grad
19.8 sq mi
ZIP Area
2,351
Density / Sq Mi
$131,409
Median Household Income
$64,429
Median Earnings
$2,239
Median Rent
$621,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 5+ acres with 300 feet of shoreline on Lake Down.
Where is this residential land & home lot located?
The property is located at 4226 DOWNEAST LANE Windermere, FL.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: 5+ acre waterfront property with **300 feet of shoreline on Lake Down (Butler Chain of Lakes)**; R‑CE zoning allows for development of 3 lakefront luxury home sites; Exceptional development opportunity for builders, developers, or investors
