Listing Details for MLS # O6234002
503 N Summerlin Avenue, Orlando, Fl 32803

Residential Property - Single Family Residence in Orlando

Listing Price: $1,499,000Days on Market: 46

Description of Property

Discover a rare opportunity to own a unique, gated compound in the heart of the Lake Eola Heights historic district. Situated on the corner of East Amelia Street and North Summerlin Avenue, this property spans two parcels with the opportunity to turn into one large property or a great investment property with two high-end rentals. The possibilities are endless at the Summerlin/Amelia compound! Built in 2007, "Cottage Way" consists of two custom-designed structures, carefully crafted to meet the highest standards of quality and historic charm, as recognized by the National Preservation and Historic Board. The cornerstone of Cottage Way is a 2,300-square-foot Spanish Mediterranean home, with distinctive elevation, high ceilings, and an expansive feel throughout. This home offers an array of luxurious features including a two-floor Otis elevator with a full shaft, a wood-burning fireplace, travertine tile, a custom staircase, a Sub-Zero refrigerator, and more. The second-floor balcony provides stunning views of the historic neighborhood, making this property a dream for professionals seeking an office, studio, or creative flex space. The second parcel, facing East Amelia Street, is a charming Craftsman-style home with a spacious front porch and exquisite interior woodwork. The living room centers around a wood-burning brick fireplace with a wooden mantle, creating a warm and inviting atmosphere. The home boasts a 400-square-foot wardrobe room, a luxurious master bath with a jacuzzi tub and multi-head shower, and a master suite featuring a built-in bar with a custom wine rack, sink, and fridge, leading to a versatile theater loft space. This property offers the perfect blend of luxury living and creative workspace. Don’t miss out on this exceptional opportunity—schedule your appointment today. The sellers are motivated!This is the only 5 bedroom/2 bath single family residence between $1,200,000 and $1,800,000 currently listed for sale in this Zip code.