Perfectly positioned in the heart of Celebrations Main Village, Canna Lily on Water Street represents a rare opportunity to own one of only five estate homes on iconic Water Street, known for its picturesque canal running down the center of the street. Just across from the Celebration Golf Club and only a short stroll to Market Street, community events, and Lakeside Park, the location is exceptional. Upon entering, you are welcomed by a gracious foyer with a formal dining room to the right and a private office to the left. Straight ahead, the home opens into a dramatic two-story great room, filled with natural light and framed by classic columns with custom millwork, anchored by a gas fireplace—creating a striking yet inviting central gathering space. This stately Colonial residence offers an expansive and thoughtfully designed floor plan, blending timeless architecture with functional, everyday livability. Generous living areas unfold with a natural flow, ideal for both refined entertaining and comfortable daily life. The first-floor primary suite provides a private and well-appointed retreat with both comfort and convenience, featuring French doors that open directly to the pool. Upstairs, the second floor is thoughtfully designed with one en-suite bedroom, along with two additional bedrooms connected by a Jack and Jill bath. One of the bedrooms features a dedicated homework or study area, adding a layer of functionality for today’s lifestyle. An additional room on this level offers flexibility as an office or playroom and can easily be converted into an additional bedroom with the addition of a closet. Beyond the main residence, a private pool creates a true backyard retreat—perfect for both quiet relaxation and entertaining. The garage apartment offers a fully independent mother-in-law suite above the three-car garage, ideal for extended family, guests, or flexible use. With only five estate homes on Water Street, the combination of location, layout, and rarity make Canna Lily on Water Street a truly compelling offering.
For sale
$1,949,000
403 Water St, Celebration, FL 34747
5beds
4,730sqft
Single Family Residence
Built in 1997
0.28 Acres Lot
$1,832,300 Zestimate®
$412/sqft
$119/mo HOA
What's special
Private officeFormal dining roomGracious foyer
- 55 days |
- 2,762 |
- 129 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Keith Renner 407-361-6371,
NECTAR REAL ESTATE 407-414-4005
Source: Stellar MLS,MLS#: S5148942
Originating MLS: Osceola
Originating MLS: Osceola
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 424 Square Feet
- Dimensions: 16x26.5
Bedroom 2
- Features: Walk-In Closet(s)
- Level: Second
- Area: 210 Square Feet
- Dimensions: 14x15
Bedroom 3
- Features: Walk-In Closet(s)
- Level: Second
- Area: 210 Square Feet
- Dimensions: 14x15
Bedroom 4
- Features: Walk-In Closet(s)
- Level: Second
- Area: 198 Square Feet
- Dimensions: 16.5x12
Primary bathroom
- Level: First
- Area: 238 Square Feet
- Dimensions: 14x17
Bonus room
- Features: No Closet
- Level: Second
- Area: 192 Square Feet
- Dimensions: 16x12
Dining room
- Level: First
- Area: 210 Square Feet
- Dimensions: 15x14
Foyer
- Level: First
- Area: 98 Square Feet
- Dimensions: 7x14
Great room
- Level: First
- Area: 360 Square Feet
- Dimensions: 20x18
Kitchen
- Level: First
- Area: 408.5 Square Feet
- Dimensions: 19x21.5
Living room
- Level: First
- Area: 203 Square Feet
- Dimensions: 14.5x14
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Cooktop, Disposal, Microwave, Range, Refrigerator
- Laundry: Laundry Room
Features
- Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Primary Bedroom Main Floor, Solid Surface Counters, Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile, Engineered Hardwood
- Doors: Outdoor Kitchen
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 6,198
- Total interior livable area: 4,730 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Alley Access, Garage Faces Rear
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Patio, Rear Porch
- Exterior features: Irrigation System, Outdoor Kitchen
- Has private pool: Yes
- Pool features: Gunite, In Ground
- Spa features: In Ground
- Has view: Yes
- View description: Water, Canal
- Has water view: Yes
- Water view: Water,Canal
- Waterfront features: Pond
Lot
- Size: 0.28 Acres
Details
- Parcel number: 072528278300012330
- Zoning: OPUD
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: Clubhouse, Deed Restrictions, Dog Park, Fitness Center, Park, Playground, Pool, Sidewalks
- Pet fee: $0 monthly
- Subdivision: CELEBRATION VILLAGE UNIT 2
HOA
- Has HOA: Yes
- Amenities included: Basketball Court, Clubhouse, Fitness Center, Park, Pickleball Court(s), Playground, Recreation Facilities, Tennis Court(s), Trail(s)
- HOA fee: $119 monthly
- HOA name: Celebration Residential Owners Association
- HOA phone: 407-566-1200
Location
- Region: Celebration
Financial & listing details
- Price per square foot: $412/sqft
- Tax assessed value: $1,422,900
- Annual tax amount: $22,230
- Date on market: 5/4/2026
- Cumulative days on market: 55 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$1,832,300
$1.74M - $1.92M
$7,397/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/4/2026 | Listed for sale | $1,949,000+0.5%$412/sqft |
Source:  Stellar MLS #S5148942 Report a problem | ||
| 1/16/2026 | Sold | $1,938,500-2.8%$410/sqft |
Source: Stellar MLS #O6366738 Report a problem | ||
| 12/17/2025 | Pending sale | $1,995,000$422/sqft |
Source: Stellar MLS #O6366738 Report a problem | ||
| 12/11/2025 | Listed for sale | $1,995,000+24.7%$422/sqft |
Source: Stellar MLS #O6366738 Report a problem | ||
| 11/3/2006 | Sold | $1,600,000+1468.6%$338/sqft |
Source: Public Record Report a problem | ||
| 3/20/1996 | Sold | $102,000$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $21,210 +6.6% | $1,422,900 +3.7% |
| 2023 | $19,892 +7.4% | $1,372,400 +3.4% |
| 2022 | $18,523 +12.6% | $1,327,900 +24.9% |
| 2021 | $16,455 +4.3% | $1,063,200 +5.6% |
| 2020 | $15,780 +1.4% | $1,006,500 +3.2% |
| 2019 | $15,562 | $975,200 +4.8% |
| 2018 | $15,562 +3.3% | $930,400 +1.9% |
| 2017 | $15,060 -0.5% | $912,900 -5.3% |
| 2016 | $15,132 -5.8% | $963,500 +6.4% |
| 2015 | $16,071 +1.6% | $905,200 +3.9% |
| 2014 | $15,818 | $871,100 +16.3% |
| 2013 | -- | $749,300 +3.7% |
| 2012 | -- | $722,300 +2.7% |
| 2011 | -- | $703,600 -17.6% |
| 2010 | -- | $854,200 -17.3% |
| 2009 | -- | $1,032,800 -12.9% |
| 2008 | -- | $1,186,300 +115.2% |
| 2004 | -- | $551,200 |
| 2003 | -- | $551,200 +17.5% |
| 2002 | $7,246 +1.7% | $468,951 +1.6% |
| 2001 | $7,121 +0.9% | $461,566 +3% |
| 2000 | $7,054 | $448,122 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: Celebration Village
Nearby schools
GreatSchools rating
- 9/10Celebration SchoolGrades: K-8Distance: 0.3 mi
- 5/10Celebration High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Celebration K-8
- Middle: Celebration K-8
- High: Celebration 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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