407 W 1st Ave Windermere, FL 34786

$2,750,000
6 beds
5 full, 1 partial
4,091 sqft
1.3 acres
$672 / sqft
House

Property details

About 407 W 1st Ave

Exceptional lakefront opportunity on the BUTLER CHAIN of Lakes! Nestled on the pristine shores of Wauseon Bay, this rare lakefront property offers an unparalleled opportunity to create the ultimate luxury retreat on the coveted Butler Chain. Set on a pristine, oversized lot (~1.26 acres) in one of the area’s most sought-after locations, this FENCED property offers a rare opportunity to create your dream home. This solid BLOCK home boasts breathtaking WATER views, a grand, tree-lined driveway with private GATE, and a setting that exudes elegance and privacy. While the residence itself could use some updating, the setting is nothing short of spectacular offering a picturesque backdrop, mature landscaping, and a premier location that enhances both value and vision. Featuring a spacious layout with soaring ceilings and panoramic lake views, this home is ready to be transformed into a masterpiece. The prime waterfront location offers direct access to the Butler Chain known for renowned boating, fishing, and water sports, making it an ideal sanctuary for lake lovers. Whether you envision a modern showpiece or a timeless estate, this property presents the perfect canvas to bring your vision to life. The home features 6 bedrooms, 5.5 baths (4 en-suite baths), a 3-car garage, 14 X 60 SALTWATER and heated pool/spa with screen-enclosure, two fireplaces (natural gas), a dock for your watercraft along with a floating swim dock, and a sitting area by the water that’s perfect for a cozy night by the fire. Upstairs you’ll find the primary suite along with 3 other bedrooms and 3 en-suite baths. The PRIMARY suite faces the water and features a fireplace, dual sinks, a garden tub, separate shower, and two walk-in closets. The downstairs area includes two additional rooms, 1.5 baths, a formal dining area, living area, a sitting area with a wood burning fireplace overlooking the pool and lake, as well as a bar, which is perfect for entertaining your guests. The kitchen is spacious in size and includes STAINLESS appliances. UPDATES: 5 ton AC 2023, 3.5 ton AC 2016, PebbleTec pool finish 2015, upstairs gas fireplace 2016, tankless water heater 2016, septic field (front of home) 2016. The Butler Chain of Lakes is one of Central Florida’s most prestigious and sought-after freshwater lake systems, located in Windermere and Southwest Orlando. This chain consists of 13 interconnected lakes, known for their crystal-clear waters, sandy bottoms, and exceptional boating, fishing, and waterfront living. Enjoy a rare combination of luxury, recreation, and natural beauty, all while being just minutes from Disney, golf courses, upscale shopping, fine dining, and top-rated schools. Windermere is a GOLF CART friendly community where you’ll find a brewery, coffee shop, dining, a Farmer’s Market, tennis courts, parks, a boat ramp, and more. Opportunities like this are rare, don’t miss the chance to transform this hidden gem into a one-of-a-kind lakefront estate!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size4,091 sqft
Lot size1.26 Acres
Year built1970
ParkingCircular Driveway, Driveway
MLS #O6279209
Attached garage3 spaces
WaterfrontLake Front
FireplaceGas, Other, Primary Bedroom
ViewWater
Private poolYes

Summary

  • MLS Number: O6279209
  • MLS Name: MFRMLS
  • Office Name: BHHS FLORIDA REALTY
  • Office Phone: (407) 876-2090
  • Listing Agent: Ashley Boyd

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/13/2025, 10:49:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of dock featuring a water view

$2,750,000

407 W 1st Ave

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$849,364$13,774
2022$824,625$13,386
2021$800,607$13,386
2020$789,553$13,196
2018$757,411$12,912
2017$741,833$12,413

History based on county public records data.

Nearby schools

10

Windermere Elementary School

Public District KG-5

0.5 mi

11125 Park Ave

8

Thornebrooke Elementary School

Public District PK-5

1.7 mi

601 Thornebrooke Dr

10

Lake Whitney Elementary School

Public District KG-5

2.0 mi

1351 Windermere Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $150,857. Typical income of Windermere, FL residents is between $100k-200k annually. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

4%
<35k
22%
35k-100k
37%
100k-200k
37%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

11%
Single, No Kids
5%
Single, with Kids
42%
Married, No Kids
42%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
12%
12-17 yrs old
11%
18-34 yrs old
50%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • TennisTennis
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • NordstromNordstrom
  • Brooks BrothersBrooks Brothers
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • QdobaQdoba
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • BMWBMW
  • AcuraAcura
  • LexusLexus

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • SportsSports
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 407 W 1st Ave

This home is located at 407 W 1st Ave in Windermere, FL and zip code 34786 in the Lake Butler neighborhood. This 4,091 square foot home, which was built in 1970, sits on a 1.26 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 10, 2025 and is currently priced at $2,750,000.

In January 2025 more than 2 listings in Windermere, FL were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 29 were sold below. The number of listings in Windermere, FL increased by 0.7% between December and January 2025. In January 2025, listings were on the market for 79 days. During the same period, the median list price in this real estate market was $753,125.

From Rocket Homes Real Estate and based on county public records data.

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