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Sold for $650,000
    • $650,000

    721 MAGNOLIA STREET, WINDERMERE, FL 34786

    4beds
    1,737sqft
    Single Family Residence
    Built in 1913
    0.38 Acres Lot
    $712,200 Zestimate®
    $374/sqft
    $5,123 Estimated rent

    Home value

    $712,200

    $669,000 - $762,000

    $5,123/mo

    Zestimate® history
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    $5,123/mo

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    $4,628/mo

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    $4,628/mo

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    What's special

    This is a rare opportunity to own a two-home parcel in the highly sought-after community of Windermere. This property is ideal for use as a rental or to tear down and make the lot the new location of your custom-built dream home! As rental units, these bungalow-style homes are ideally located close to the center of downtown Windermere and Lake Bessie. Both homes offer 2 bedrooms,1 bathroom, plus a 450 square foot shed on .38 acres. Each are full of character and style with stainless steel appliances, Shaker-style cabinets and other designer touches. Or if you have been searching for the absolute perfect location to build, this is it! The lot allows for an ample-sized home that is just steps from beautiful Lake Bessie and the boat ramp to the lake. The area is a truly picturesque setting with towering mature live oaks and just a short golf cart ride to all of downtown Windermere's amenities which include shops, dining, wine market, brewery, basketball courts, tennis, pickleball, multiple boat ramps, playgrounds and so much more. Don't miss the opportunity to own this rare piece of beautiful Windermere. Schedule your property tour today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Steve Healy 407-965-1155,

    CORCORAN PREMIER REALTY 407-965-1155,

    Matt Tomaszewski 407-719-5956,

    CORCORAN PREMIER REALTY

    Bought with:

    Lorena Martinez

    EXP REALTY LLC

    Source: Stellar MLS,MLS#: O6233308MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 14x10
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 13x9
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 14x10
    Bedroom 4
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 13x9
    Kitchen
    • Level: First
    • Dimensions: 16x12
    Living room
    • Level: First
    • Dimensions: 16x16
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
    • Laundry: Outside
    Features
    • Ceiling Fan(s), Eating Space In Kitchen
    • Flooring: Carpet, Laminate, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 2,631
    • Total interior livable area: 1,737 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage, Carport
    • Garage spaces: 2
    • Carport spaces: 1
    • Covered spaces: 3
    • Details: Garage Dimensions: 24x19
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Storage
    • Fencing: Fenced
    • Has view: Yes
    • View description: Trees/Woods
    • Waterfront features: Lake Privileges, Skiing Allowed
    • Body of water: BUTLER CHAIN OF LAKES
    Lot
    • Size: 0.38 Acres
    • Features: City Lot
    • Residential vegetation: Mature Landscaping
    Details
    • Additional structures: Shed(s)
    • Parcel number: 172328933601630
    • Zoning: SFR
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame
    • Foundation: Crawlspace
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1913

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Cable Available, Electricity Available

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: WINDERMERE TOWN
    HOA
    • Has HOA: No
    Location
    • Region: Windermere

    Financial & listing details

    • Price per square foot: $374/sqft
    • Tax assessed value: $480,168
    • Annual tax amount: $7,612
    • Date on market: 8/16/2024
    • Cumulative days on market: 36 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Dirt

    Price history

    DateEventPrice
    4/9/2026Listing removed$2,250$1/sqft
    Source: Stellar MLS #S5144805 Report a problem
    2/28/2026Listed for rent$2,250$1/sqft
    Source: Stellar MLS #S5144805 Report a problem
    6/19/2025Listing removed$2,250$1/sqft
    Source: Stellar MLS #S5127435 Report a problem
    5/22/2025Listed for rent$2,250$1/sqft
    Source: Stellar MLS #S5127435 Report a problem
    10/30/2024Sold$650,000-4.3%$374/sqft
    Source: Stellar MLS #O6233308 Report a problem
    9/24/2024Pending sale$679,000$391/sqft
    Source: Stellar MLS #O6233308 Report a problem
    8/16/2024Listed for sale$679,000+95.1%$391/sqft
    Source: Stellar MLS #O6233308 Report a problem
    9/4/2018Sold$348,000-5.7%$200/sqft
    Source: Public Record Report a problem
    8/22/2018Listed for sale$369,000+5.7%$212/sqft
    Source: COTTON REALTY & ASSOC, INC #O5728910 Report a problem
    7/8/2017Listing removed$349,000$201/sqft
    Source: STOCKWORTH REALTY GROUP #O5490780 Report a problem
    5/20/2017Price change$349,000-2.8%$201/sqft
    Source: STOCKWORTH REALTY GROUP #O5490780 Report a problem
    2/10/2017Listed for sale$359,000+67%$207/sqft
    Source: STOCKWORTH REALTY GROUP #O5490780 Report a problem
    11/10/2011Sold$215,000$124/sqft
    Source: Stellar MLS #O5068634 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,091 +6.3%$446,866 +10%
    2023$7,612 +16%$406,242 +10%
    2022$6,564 +2.4%$369,311 +4.2%
    2021$6,412 +6.2%$354,447 +7.6%
    2020$6,039 -2.5%$329,528 -1.1%
    2019$6,191 +6.7%$333,338 +20.6%
    2018$5,801 $276,329 -10.7%
    2017$5,801 +6.6%$309,576 +10.8%
    2016$5,443 +7.2%$279,297 +8.1%
    2015$5,079 +28%$258,482 +36.5%
    2014$3,968 +9.2%$189,379 +10.4%
    2013$3,634 +0%$171,578 +1%
    2012$3,632 -7.2%$169,877 -12.6%
    2010$3,914 $194,311 -14.3%
    2009-- $226,777 -14.4%
    2008$4,256 -14%$264,935 -14.5%
    2007$4,950 +0.6%$309,747 +11.5%
    2006$4,919 +24%$277,721 +28.2%
    2005$3,966 +1.5%$216,685 -5.6%
    2004$3,908 +27.3%$229,422 +29.9%
    2003$3,069 +12.7%$176,549 +8.3%
    2002$2,723 $163,030
    Find assessor info on the county website

    Neighborhood: 34786

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Windermere Elem
    • Middle: Gotha 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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    Estimated market value
    $712,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $712,200

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