Listing Details for MLS # O6363010
503 N Summerlin Avenue, Orlando, Fl 32803

Residential Property - Single Family Residence in Orlando

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

Description of Property

Rare Gated Compound in Lake Eola Heights. Two Homes, Two Parcels, Endless Possibilities. Located at the corner of E Amelia St and N Summerlin Ave, this exceptional property spans two parcels and features two custom-built homes—perfect for creating a private estate, a live/work setup, or two high-end rentals. Built in 2007 and recognized by the National Preservation and Historic Board, “Cottage Way” includes a 2,300 sq ft Spanish Mediterranean home with soaring ceilings, travertine flooring, a wood-burning fireplace, Sub-Zero appliances, an Otis two-floor elevator, and a beautiful second-floor balcony overlooking the historic neighborhood. The second home is a charming Craftsman-style residence with a welcoming front porch, detailed interior woodwork, a brick fireplace, a spacious 400 sq ft wardrobe room, and a luxurious owner’s suite with a jacuzzi tub, multi-head shower, and built-in bar with wine fridge. A versatile loft adds even more usable space. Whether you’re seeking a luxury compound, creative workspace, or an investment opportunity with strong rental potential, this gated property offers unmatched flexibility in one of Downtown Orlando’s most desirable historic districts. A rare opportunity in Lake Eola Heights, schedule your private showing today.The average asking price for a 5 bedroom/2 bath single family residence in this Zip code is $1,174,000. This single family residence is listed at about 128% of the average asking price. 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.