503 N Summerlin AVENUE, Orlando, FL 32803

$1,499,000 Asking Price

5 beds
4 baths
4,320  sqft
Built in 2007

Discover a rare opportunity to own a unique, gated compound in the heart of the Lake Eola Heights historic district. Situated on the corner of East Amelia Street and North Summerlin Avenue, this property spans two parcels with the opportunity to turn into one large property or a great investment property with two high-end rentals. The possibilities are endless at the Summerlin/Amelia compound! Built in 2007, "Cottage Way" consists of two custom-designed structures, carefully crafted to meet the highest standards of quality and historic charm, as recognized by the National Preservation and Historic Board. The cornerstone of Cottage Way is a 2,300-square-foot Spanish Mediterranean home, with distinctive elevation, high ceilings, and an expansive feel throughout. This home offers an array of luxurious features including a two-floor Otis elevator with a full shaft, a wood-burning fireplace, travertine tile, a custom staircase, a Sub-Zero refrigerator, and more. The second-floor balcony provides stunning views of the historic neighborhood, making this property a dream for professionals seeking an office, studio, or creative flex space. The second parcel, facing East Amelia Street, is a charming Craftsman-style home with a spacious front porch and exquisite interior woodwork. The living room centers around a wood-burning brick fireplace with a wooden mantle, creating a warm and inviting atmosphere. The home boasts a 400-square-foot wardrobe room, a luxurious master bath with a jacuzzi tub and multi-head shower, and a master suite featuring a built-in bar with a custom wine rack, sink, and fridge, leading to a versatile theater loft space. This property offers the perfect blend of luxury living and creative workspace. Don’t miss out on this exceptional opportunity—schedule your appointment today. The sellers are motivated!


Features & Amenities

Interior

General:
Ceiling Fan(s), Central Vacuum, Crown Molding, Elevator, Stone Counters, Thermostat, Walk-In Closet(s)
Appliances:
Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
Laundry:
Inside, Laundry Room
Flooring:
Carpet, Marble, Hardwood
A/C:
true, Central Air
Heating:
true, Central
Fireplace:
Fireplace

Exterior

General:
Courtyard, Outdoor Shower, Sidewalk, Additional Single Family Home
Style:
Key West, Mediterranean
Parking:
Driveway, Garage Door Opener, Guest, On Street

Construction

Roofing:
Tile
General:
Block, Stucco, Two, Slab

Location

Road/Access:
Street Brick
Originating MLS:
Stellar MLS
County:
Orange

Lot

Zoning:
R-2B/T/HP, Cottage Way 62/67 Lot 1, Cottage Way 62/67 Lot 2, 252229177400010

Utilities

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

Financial

Source:
Stellar MLS

This listing courtesy of:
OLDE TOWN BROKERS INC, Maria Blanchard

About Orlando, FL

Housing

Number of Units
434,743
Median Home Value
$260,572
Median Rent
$1,151

48.67% of housing units are renter occupied.

7.28% are vacant.

Commute

Car
71.04%
Public Transportation
2.09%
Walk to Work
1.07%
Work from Home
24.08%
Other
1.03%

The median travel time to work is 23 minutes.

People

Population
1,053,602
Median Age
35.60
Median Household Size
2.90

Education

High School
24.58%
Associate’s Degree
11.13%
Bachelor’s Degree
23.51%
Graduate Degree
11.96%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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