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New construction
  • Price cut: $700K (6/28)
    $3,950,000

    1009 Down Reserve Ct, Windermere, FL 34786

    5beds
    7,940sqft
    : 
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    Single Family Residence
    Built in 2026
    0.7 Acres Lot
    $3,812,100 Zestimate®
    $497/sqft
    $433/mo HOA

    What's special

    Elevator accessLuxury bidetsRefined finishesDedicated executive officeDramatic sunken outdoor kitchenCustom pool and spaShow-stopping led-lit staircase
    One or more photo(s) has been virtually staged. SELLER MOTIVATED!!! UNMATCHED PRICE AND OPPORTUNITY! Just completed | Never lived in | A rare opportunity to be the very first to call this architectural showpiece home! Positioned in the highly sought after Lake Down Reserve community of Windermere, this custom-built modern Mediterranean estate delivers nearly 8,000 square feet of elevated design, cutting-edge construction, and curated luxury. This home is a true statement of craftsmanship and innovation. From the hollow-core concrete second floor to level five interior walls, hurricane-impact windows and doors, and comprehensive low-voltage wiring, every structural detail reflects next-level quality. Inside, the open-concept floor plan unfolds with dramatic scale and natural light, anchored by a show-stopping LED-lit staircase and seamless indoor-outdoor flow. The chef’s kitchen is outfitted with premium Wolf appliances, custom cabinetry, and refined finishes that balance timeless elegance with modern edge. Designed for both grand entertaining and private retreat, the home features: 5 spacious bedrooms | Dedicated executive office | 6 full baths and 2 half baths (each bath appointed with luxury bidets) | Custom California Closets throughout | Elevator access for effortless convenience | Oversized 4-car garage. A rare “bonus basement” level adds additional flex space – perfect for a media lounge, in-law suite, wine cellar, game room, or collector’s showcase. Outside, enjoy balcony views of Lake Down and a resort-caliber backyard that includes a custom pool and spa, a dramatic sunken outdoor kitchen, fire-pit and expansive entertaining terraces designed for unforgettable evenings under the Florida sky. Lake Down Reserve offers expansive homesites, 24-hour virtual guard security, zoning for top-rated schools, and proximity to fine dining, championship golf, world-class shopping, and Orlando’s renowned attractions – all while still preserving the privacy and tranquility that define Windermere living. This is more than new construction. It is a fully realized modern estate – bold, refined, and built for the most discerning buyer. Welcome to your legacy home!
    55 days
    |
    3,874
    |
    286
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jenny Wemert 407-809-1193,

    WEMERT GROUP REALTY LLC 407-743-8356,

    Danielle O'Quinn 316-734-1375,

    WEMERT GROUP REALTY LLC

    Source: Stellar MLS,MLS#: O6346638MLS LogoOriginating MLS: Orlando Regional

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 8
      • Full bathrooms: 6
      • 1/2 bathrooms: 2
      Primary bedroom
      • Features: Ceiling Fan(s), En Suite Bathroom, Walk-In Closet(s)
      • Level: First
      • Area: 425 Square Feet
      • Dimensions: 25x17
      Bedroom 2
      • Features: Ceiling Fan(s), Walk-In Closet(s)
      • Level: First
      • Area: 238 Square Feet
      • Dimensions: 17x14
      Bedroom 3
      • Features: Ceiling Fan(s), Walk-In Closet(s)
      • Level: Second
      • Area: 198 Square Feet
      • Dimensions: 18x11
      Bedroom 4
      • Features: Ceiling Fan(s), Walk-In Closet(s)
      • Level: Second
      • Area: 285 Square Feet
      • Dimensions: 19x15
      Bedroom 5
      • Features: Ceiling Fan(s), Walk-In Closet(s)
      • Level: Second
      • Area: 187 Square Feet
      • Dimensions: 17x11
      Primary bathroom
      • Features: Dual Sinks, Split Vanities, Stone Counters, Tub with Separate Shower Stall
      • Level: First
      • Area: 273 Square Feet
      • Dimensions: 21x13
      Dining room
      • Level: First
      • Area: 576 Square Feet
      • Dimensions: 24x24
      Family room
      • Features: Ceiling Fan(s)
      • Level: First
      • Area: 340 Square Feet
      • Dimensions: 20x17
      Kitchen
      • Features: Kitchen Island, Pantry, Stone Counters, Wet Bar
      • Level: First
      • Area: 340 Square Feet
      • Dimensions: 20x17
      Living room
      • Level: First
      • Area: 240 Square Feet
      • Dimensions: 24x10
      Heating
      • Central, Natural Gas
      Cooling
      • Central Air, Ductless, Zoned
      Appliances
      • Included: Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Gas Water Heater, Indoor Grill, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Wine Refrigerator
      • Laundry: Laundry Room
      Features
      • Attic Fan, Built-in Features, Ceiling Fan(s), Crown Molding, Dry Bar, Eating Space In Kitchen, Elevator, High Ceilings, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Wet Bar
      • Flooring: Porcelain Tile, Hardwood
      • Doors: French Doors, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Sliding Doors
      • Has fireplace: Yes
      • Fireplace features: Electric, Family Room, Living Room, Other Room
      Interior area
      • Total structure area: 11,337
      • Total interior livable area: 7,940 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Driveway, Garage Faces Side, Split Garage
      • Attached garage spaces: 4
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Patio, Rear Porch
      • Exterior features: Balcony, Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Rain Gutters, Sidewalk, Sprinkler Metered
      • Has private pool: Yes
      • Pool features: In Ground
      • Has spa: Yes
      • Spa features: In Ground
      • Has view: Yes
      • View description: Water, Lake
      • Has water view: Yes
      • Water view: Water,Lake
      • Waterfront features: Lake Privileges
      • Body of water: LAKE DOWN
      Lot
      • Size: 0.7 Acres
      • Features: Cul-De-Sac, Landscaped, Oversized Lot, Private
      • Residential vegetation: Trees/Landscaped
      Details
      • Additional structures: Outdoor Kitchen
      • Parcel number: 092328749600090
      • Zoning: SFR
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block, Stucco
      • Foundation: Block
      • Roof: Tile
      Condition
      • Completed
      • New construction: Yes
      • Year built: 2026
      Details
      • Builder model: CUSTOM

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Community Boat Ramp, Gated Community - Guard
      • Pet fee: $0 monthly
      • Subdivision: LAKE DOWN RESERVE
      HOA
      • Has HOA: Yes
      • HOA fee: $433 monthly
      • HOA name: LAKE DOWN RESERVE HOA
      • HOA phone: 352-446-6292
      Location
      • Region: Windermere

      Financial & listing details

      • Price per square foot: $497/sqft
      • Tax assessed value: $450,000
      • Annual tax amount: $7,458
      • Date on market: 2/20/2026
      • Cumulative days on market: 87 days
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved, Asphalt

        Estimated market value

        $3,812,100

        $3.62M - $4.00M

        $6,942/mo

        Price history

        DateEventPrice
        6/28/2026Price change$3,950,000-15.1%$497/sqft
        Source: Stellar MLS #O6346638 Report a problem
        5/18/2026Listed for sale$4,650,000-7%$586/sqft
        Source: Stellar MLS #O6346638 Report a problem
        3/24/2026Listing removed$5,000,000$630/sqft
        Source: Stellar MLS #O6346638 Report a problem
        2/20/2026Listed for sale$5,000,000+39.1%$630/sqft
        Source: Stellar MLS #O6346638 Report a problem
        11/5/2024Listing removed$3,595,000-33.4%$453/sqft
        Source: Stellar MLS #O5952201 Report a problem
        8/19/2024Pending sale$5,395,000$679/sqft
        Source: Stellar MLS #O6202499 Report a problem
        5/7/2024Listed for sale$5,395,000+880.9%$679/sqft
        Source: Stellar MLS #O6202499 Report a problem
        11/5/2023Listing removed--
        Source: Stellar MLS #O5952201 Report a problem
        10/7/2021Sold$550,000-84.7%$69/sqft
        Source: Public Record Report a problem
        8/27/2021Pending sale$3,595,000$453/sqft
        Source: Stellar MLS #O5952201 Report a problem
        6/17/2021Listed for sale$3,595,000+591.3%$453/sqft
        Source: Stellar MLS #O5952201 Report a problem
        1/11/2021Sold$520,000-5.3%$65/sqft
        Source: Public Record Report a problem
        8/4/2020Pending sale$549,000$69/sqft
        Source: CORCORAN PREMIER REALTY #O5874376 Report a problem
        6/30/2020Listed for sale$549,000$69/sqft
        Source: CORCORAN PREMIER REALTY #O5874376 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$7,465 +7.3%$450,000
        2023$6,955 -0.3%$450,000
        2022$6,974 +54%$450,000 +172.7%
        2021$4,527 +89.5%$165,000 +10%
        2020$2,389 -1.6%$150,000
        2019$2,429 -1.2%$150,000
        2018$2,460 +0%$150,000
        2017$2,460 $150,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 34786

        Getting around

        14 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Windermere Elem
        • Middle: Chain of Lakes Middle
        • High: Olympia High

        Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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