One or more photo(s) has been virtually staged. Welcome to 647 Ridgewood Drive, an exquisitely remodeled three-bedroom, three-bathroom lakefront estate in the heart of Old Windermere. This rare double lot, spanning 230 feet in length on Lake Down, offers over 200 feet of serene shoreline with water views from the front and side of the home. Situated on the prestigious Butler Chain of Lakes, this 1. 43-acre property provides unmatched privacy and breathtaking sunrise views beneath the shade of majestic 100-year-old oak trees.
Located in the prestigious Town of Windermere, this thoughtfully updated property features a modernized kitchen with sleek finishes, luxury vinyl flooring throughout, and a dramatic stone fireplace that serves as a centerpiece in the great room. With an open and flexible floor plan, the home maximizes natural light and frames panoramic lake views from every angle.
Step outside to an entertainer's dream. The backyard boasts a newly built deck, a fenced yard, and a rare two-story boathouse with a grandfathered dock and lift—perfect for lakeside relaxation or gatherings. With no front or rear neighbors, the property offers an abundance of privacy, enhanced by mature landscaping that creates a tranquil retreat. Additionally, the property offers the convenience of no HOA restrictions.
This prime location is a short walk or golf cart ride from charming downtown Windermere, known for its boutique shops, fine dining, parks, and a weekly farmer’s market. With easy access to world-class golf courses, premium shopping, and Orlando’s renowned attractions, this property blends lakeside serenity with modern convenience.
Don’t miss your chance to own this one-of-a-kind legacy estate on the Butler Chain of Lakes. Schedule your private showing today and experience the best of Windermere living!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,349,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,879,200 | $1,879,200 | $1,879,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.200% | 6.748% | 6.786% |
Monthly Tax Payment | $1,381 | $1,381 | $1,381 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,502 | $12,033 | $16,499 |
Total Monthly Payment | $14,008 | $13,539 | $18,005 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.