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Sold for $425,000
  • $425,000

    1221 LAKE DOWNEY DRIVE, ORLANDO, FL 32825

    3beds
    1,662sqft
    Single Family Residence
    Built in 1978
    0.48 Acres Lot
    $425,000 Zestimate®
    $256/sqft
    $2,295 Estimated rent

    Home value

    $425,000

    $391,000 - $463,000

    $2,295/mo

    Zestimate® history
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    What's special

    Double gated accessPrivate in-suiteMature mango treesDetached extra large workshopUpdated finishesRose arbor entrywayDetached workshop with electricity
    One or more photo(s) has been virtually staged. Newly renovated 3-bedroom home with private IN LAW -SUITE, detached extra LARGE WORKSHOP, and nearly 1/2 ACRE of land with no HOA—perfect for multigenerational living, home-based business, or anyone craving space and flexibility in a prime Orlando location near Lake Downey.*** Welcome to 1221 Lake Downey Drive, offering 3 bedrooms, 2 bathrooms, and approximately 1,596 sq ft on a rare 0.48-acre lot. ***This property combines modern updates with functional versatility—featuring new luxury vinyl plank flooring, updated finishes, and major system improvements including*** a newer roof (4 years), A/C (5–6 years with warranty), and newer windows. ***Designed for flexibility and real-life functionality, this home includes a separate-entry mother-in-law suite / in-law apartment / guest quarters, ideal for multigenerational living, extended family, private guest space, or rental income potential.*** Step outside and you’ll immediately feel the difference—this is not your typical Orlando lot. The expansive backyard is a true garden retreat / homestead-style property, complete with: Mature mango trees - Rose arbor entryway - Space for gardening, entertaining, or creating your own backyard oasis. *** A detached workshop with electricity—perfect for hobbies, storage, or a home-based business*** Double gated access with a roundabout driveway, ideal for boats, trailers, or multiple vehicles***Nature lovers will appreciate the seasonal presence of purple martins birds, known for helping control insects—adding both charm and natural functionality to the property.*** Additional features include city water plus a well (for irrigation or backup), septic system with alarm, bifold closet doors, separate garage structure, and no HOA restrictions, giving you true ownership freedom.*** LOCATION is where this home really shines *** You’re walking distance to LAKE DOWNEY PARK one of East Orlando’s most active outdoor hubs featuring: Lighted pickleball courts - Splash playground - Dog park - Fitness area -Sand volleyball & sports fields. ***Plus, enjoy quick access to SR-417 (4 minutes), SR-408 (5 minutes), and just 12 minutes to UCF, making commuting and daily convenience effortless. You’re also within easy reach of downtown Orlando, shopping, dining, Disney, and even the beaches. WATCH the full HOMETOUR ON YOUTUBE by searching for 1221 Lake Downey Drive. This one you MUST SEE IN PERSON to truly appreciate it.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer De Vivo 407-921-1310,

    LOTUS DOOR REALTY 407-904-5231

    Bought with:

    Non-Member Agent

    STELLAR NON-MEMBER OFFICE

    Source: Stellar MLS,MLS#: O6394813MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Microwave, Range, Refrigerator
    • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
    Features
    • Ceiling Fan(s), Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat
    • Flooring: Ceramic Tile, Luxury Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 2,062
    • Total interior livable area: 1,662 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, Garage Faces Rear, Ground Level, Off Street
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Garden, Private Entrance, Private Yard
    • Fencing: Chain Link
    Lot
    • Size: 0.48 Acres
    • Features: Conservation Area
    • Residential vegetation: Mature Landscaping
    Details
    • Additional structures: Shed(s)
    • Parcel number: 202231635004110
    • Zoning: R-1
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mid-Century Modern
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Completed
    • New construction: No
    • Year built: 1978

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Electricity Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: ORLANDO IMPROV CO 02
    HOA
    • Has HOA: No
    Location
    • Region: Orlando

    Financial & listing details

    • Price per square foot: $256/sqft
    • Tax assessed value: $292,713
    • Annual tax amount: $5,281
    • Date on market: 3/31/2026
    • Cumulative days on market: 7 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/11/2026Sold$425,000-1.1%$256/sqft
    Source: Stellar MLS #O6394813 Report a problem
    4/9/2026Pending sale$429,900$259/sqft
    Source: Stellar MLS #O6394813 Report a problem
    4/1/2026Listed for sale$429,900+473.2%$259/sqft
    Source: Stellar MLS #O6394813 Report a problem
    7/1/1984Sold$75,000$45/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,280 +7.5%$100,851 +3%
    2023$1,191 +6.3%$97,914 +3%
    2022$1,121 +3.1%$95,062 +3%
    2021$1,087 +1.6%$92,293 +1.4%
    2020$1,070 +3%$91,019 +2.3%
    2019$1,039 +1.4%$88,973 +1.9%
    2018$1,025 $87,314 -40.1%
    2017$1,025 +2.9%$145,809 +5.2%
    2016$996 +3%$138,603 +5.4%
    2015$968 -5.2%$131,488 +24.6%
    2014$1,021 +2.8%$105,510 +29.8%
    2013$993 -0.8%$81,298 -0.1%
    2012$1,001 +1.6%$81,385 +1.4%
    2011$986 -2.5%$80,286 -8.8%
    2010$1,011 $88,009 -14%
    2009-- $102,292 -22.1%
    2008$921 -12.6%$131,264 -11.5%
    2007$1,053 -4.4%$148,272 +11.1%
    2006$1,102 +2.4%$133,466 +22.8%
    2005$1,077 +5.5%$108,666 +7.7%
    2004$1,021 +1.1%$100,851 +1.7%
    2003$1,010 +3.2%$99,199 +13.7%
    2002$979 -0.4%$87,277 +15.8%
    2001$983 +2.5%$75,342 +4.7%
    2000$959 $71,968
    Find assessor info on the county website

    Neighborhood: Union Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $425,000
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    Estimated market value
    $425,000