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For sale
    • $1,499,000

    503 N Summerlin Ave, Orlando, FL 32803

    5beds
    4,230sqft
    : 
    $9,639/mo
    Get pre-qualified
    Single Family Residence
    Built in 2007
    893 Square Feet Lot
    $1,401,200 Zestimate®
    $354/sqft
    $-- HOA

    What's special

    Gated compoundOtis two-floor elevatorWelcoming front porchSub-zero appliancesSoaring ceilingsWood-burning fireplaceBrick fireplace
    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.
    243 days
    |
    776
    |
    36
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Parker Blanchard 407-802-7337,

    OLDE TOWN BROKERS INC 407-425-5069

    Source: Stellar MLS,MLS#: O6363010MLS LogoOriginating MLS: Orlando Regional

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 2
      • 1/2 bathrooms: 2
      Primary bedroom
      • Features: Built-in Closet
      • Level: Second
      • Area: 210 Square Feet
      • Dimensions: 14x15
      Kitchen
      • Level: First
      • Area: 234 Square Feet
      • Dimensions: 13x18
      Living room
      • Level: First
      • Area: 234 Square Feet
      • Dimensions: 13x18
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
      • Laundry: Inside, Laundry Room
      Features
      • Ceiling Fan(s), Central Vacuum, Crown Molding, Elevator, Stone Counters, Thermostat, Walk-In Closet(s)
      • Flooring: Carpet, Marble, Hardwood
      • Doors: Outdoor Shower
      • Has fireplace: Yes
      • Fireplace features: Living Room, Wood Burning
      Interior area
      • Total structure area: 5,154
      • Total interior livable area: 4,230 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Front Porch
      • Exterior features: Courtyard, Outdoor Shower, Sidewalk
      Lot
      • Size: 893 Square Feet
      Details
      • Additional structures: Residence
      • Parcel number: 252229177400010
      • Zoning: R-2B/T/HP
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Tile
      Condition
      • New construction: No
      • Year built: 2007

      Utilities & green energy

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

      Community & HOA

      Community
      • Pet fee: $0 monthly
      • Subdivision: COTTAGE WAY
      HOA
      • Has HOA: No
      Location
      • Region: Orlando

      Financial & listing details

      • Price per square foot: $354/sqft
      • Tax assessed value: $566,350
      • Annual tax amount: $19,187
      • Date on market: 11/25/2025
      • Cumulative days on market: 244 days
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Brick

        Estimated market value

        $1,401,200

        $1.33M - $1.47M

        $5,530/mo

        Price history

        DateEventPrice
        11/25/2025Listed for sale$1,499,000+0.7%$354/sqft
        Source: Stellar MLS #O6363010 Report a problem
        9/3/2025Listing removed$1,489,000$352/sqft
        Source: Stellar MLS #O6234002 Report a problem
        7/28/2025Price change$1,489,000-0.7%$352/sqft
        Source: Stellar MLS #O6234002 Report a problem
        8/24/2024Listed for sale$1,499,000+11.1%$354/sqft
        Source: Stellar MLS #O6234002 Report a problem
        6/25/2021Listing removed--
        Source: Owner Report a problem
        4/6/2021Listed for sale$1,349,000-29%$319/sqft
        Source: Owner Report a problem
        2/20/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        9/5/2020Price change$7,499-6.3%$2/sqft
        Source: Zillow Rental Manager Report a problem
        8/15/2020Price change$7,999-5.9%$2/sqft
        Source: Zillow Rental Manager Report a problem
        7/21/2020Price change$8,500-10.5%$2/sqft
        Source: Zillow Rental Manager Report a problem
        6/13/2020Price change$9,500-2.1%$2/sqft
        Source: Zillow Rental Manager Report a problem
        6/7/2020Listed for rent$9,700$2/sqft
        Source: Zillow Rental Manager Report a problem
        2/18/2020Listing removed$1,899,000$449/sqft
        Source: OLDE TOWN BROKERS INC #O5808450 Report a problem
        10/1/2019Listed for sale$1,899,000+295.6%$449/sqft
        Source: OLDE TOWN BROKERS INC #O5808450 Report a problem
        7/23/2013Sold$480,000+71.5%$113/sqft
        Source: Public Record Report a problem
        3/21/2006Sold$279,900$66/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$10,418 +7.6%$566,350 +7.8%
        2023$9,680 +10.3%$525,340 +10%
        2022$8,775 +6.8%$477,582 +8.7%
        2021$8,215 -1.2%$439,491 -0.5%
        2020$8,310 -1.8%$441,574 -0.5%
        2019$8,466 +0.6%$443,657 +1.7%
        2018$8,419 $436,383 +5.7%
        2017$8,419 +4.6%$412,777 +5.1%
        2016$8,047 +3.1%$392,855 +8.5%
        2015$7,805 +19.7%$361,921 +14.5%
        2014$6,520 +18%$315,993 +12%
        2013$5,526 -0.6%$282,236 +0%
        2012$5,557 -3.7%$282,124 -3.4%
        2011$5,771 -4.1%$292,190 -7%
        2010$6,020 $314,251 -9.8%
        2009-- $348,270 -12.2%
        2008$7,271 +100%$396,641 +94.4%
        2007$3,635 +44.8%$204,000 +56.9%
        2006$2,511 +32.7%$130,000 +34%
        2005$1,893 $97,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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: Lake Eola Heights

        Getting around

        88 / 100
        Very Walkable
        61 / 100
        Good Transit
        91 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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