$4,500,000.00 | 5 bed 7.5+ bath 5,847sqft 5,847 square feet 0.72acre lot | 421 Lakewood Dr, Winter Park, FL 32789.

Listed at Prime Holdings Inc

Email: broker@primeholdings.site

Property type

Single family

Price per sqft

$770

Garage

3 Cars

Year built

1957

Exquisite Lakefront Estate on Lake Osceola – Winter Park, FL


This elegant Winter Park lakefront residence offers the pinnacle of luxury lakeside living, gracefully positioned on the serene shores of Lake Osceola. Nestled on a sprawling ¾-acre lot with approximately 110 feet of private lake frontage, this estate captures breathtaking sunrises and sunsets, offering panoramic elevated views that deliver a true sense of privacy and tranquility.


🏡 Grand Entry & Elegant Interiors

Arrive in style via the circular driveway, surrounded by lush, professionally landscaped grounds. Inside, thoughtfully curated renovations—with interior styling by Wolfe-Rizor Interiors—blend timeless charm with modern luxury. Expansive windows and multiple French doors invite natural light throughout, enhancing seamless indoor-outdoor transitions.

  • Defined foyer entry

  • Formal living & dining rooms with fireplace and lake views

  • Library/home office with privacy and charm

  • Grand living room accommodates a baby grand piano

  • Screened lanai overlooking the lake—perfect for evening relaxation


🍽 Chef’s Kitchen & Entertaining

Designed to impress, the gourmet kitchen features:

  • Expansive island

  • Commercial-grade range

  • Lakeview breakfast room

  • Catering station for hosting at scale


🛏 Luxurious Accommodations

  • Primary Suite (Main Level):

    • Private sitting area with stunning lake views

    • Spa-style ensuite with dual full bathrooms

    • Walk-in dressing room/closet

  • Potential 6th Bedroom (Main Level):

    • Former caretaker’s quarters with separate garage entry

  • Upstairs Living:

    • Four generous guest suites

    • Bonus/flex rooms & sitting area for added versatility


🌴 Lakeside Outdoor Living

Step outside into a true Winter Park oasis:

  • Terrace for outdoor dining & entertaining

  • Tropical pool & sprawling lawn with retaining walls

  • Boathouse on private frontage

  • Towering cypress, oak & palm trees complete the scenic escape


🚘 Additional Features

  • Oversized 3-car garage

  • Roof replaced in 2021

  • Quiet, private street

  • Walking distance to Park Avenue & Downtown Winter Park


This rare lakefront estate blends architectural elegance with unmatched location and lifestyle, delivering a truly elevated Winter Park experience.


📞 Schedule a private tour today with Prime Holdings Inc.—Luxury at its Highest Standard.

🏠 Interior Features


🛋 Rooms & Layout

  • Total Rooms: 14

  • Room Highlights:

    • Living Room: 30' x 20'

    • Dining Room: 31' x 11'

    • Kitchen: 25' x 13'

    • Dinette: 14' x 14'

    • Den/Library: 16' x 12'

    • Media Room: 23' x 14'

    • Game/Recreation Room: 31' x 14'

    • Loft: 16' x 14'

  • Additional Rooms: Attic, Bonus Room, Breakfast Room, Florida Room, Family Room, Formal Dining & Living Rooms, Inside Utility, Storage Room


🛏 Bedrooms

  • Total Bedrooms: 5

    • Primary Bedroom: 26' x 20' (First Floor)

    • Bedrooms 1–4: Range from 11' x 10' to 18' x 18'

    • Split bedroom layout for privacy


🛁 Bathrooms

  • Total Bathrooms: 9

    • Full Baths: 7

    • Half Baths: 2


🍽 Kitchen

  • Location: First Floor

  • Appliances:

    • Bar Fridge, Built-In Oven

    • Dishwasher, Disposal

    • Electric Water Heater & Tankless Water Heater

    • Freezer, Microwave, Range + Hood, Refrigerator

    • Washer & Dryer

  • Features: Eat-in space, solid surface counters, solid wood cabinetry


🔧 Laundry

  • Inside, with a dedicated laundry room


🌬 Heating & Cooling

  • Cooling: Central Air

  • Heating: Central, Electric


🪟 Windows & Treatments

  • Blinds, Drapes, Shutters, Rods

  • Double Pane Windows

  • Custom Window Treatments Throughout


🪵 Interior Finishes

  • Flooring: Carpet & Wood

  • Ceiling Fans, Crown Molding

  • Built-in Features, Thermostat, Walk-in Closets


🌴 Exterior Features

🌊 Waterfront

  • Lake Osceola (Winter Park Chain of Lakes)

  • Waterfront Footage: 110 ft

  • Views: Stunning water views from multiple rooms


🏡 Lot & Landscaping

  • Lot Size: 0.72 acres | 31,500 sq. ft.

  • Lot Shape: Irregular, Oversized

  • Landscaping: Mature oaks, palms, and lush manicured vegetation

  • Topography: Elevated, Paved Road Frontage (publicly maintained)


🏊 Outdoor Amenities

  • Private Pool: Gunite, In-ground, with Lighting

  • Private Spa: In-ground

  • Patios & Porches: Covered, Front/Rear, Enclosed, Balcony

  • Other Features: French Doors, Rain Gutters, Irrigation System, Shade Shutters, Lighting, Private Mailbox

  • Fencing: Yes


🚘 Garage & Parking

  • Attached 3-Car Garage: 38' x 22'

  • Parking Features:

    • Circular Driveway

    • Bath in Garage

    • Oversized

    • On-Street

    • Ground Level

    • Split Garage

    • Workshop in Garage


🧱 Construction & Architecture

Detail

Info

Year Built:

1957 (Fully Renovated)

Living Area:

5,847 sq. ft.

Total Area:

8,083 sq. ft.

Construction:

Block & Wood Frame

Foundation:

Block, Crawlspace, Slab

Style:

Traditional

Levels:

2

Roof:

Shingle

Facing Direction:

Southwest

Structure Type:

Elevated

Condition:

Completed


💡 Utilities & Security

  • Utilities: Public Water & Sewer, Electricity, Natural Gas, Cable

  • Other: Sprinkler Well, Underground Services

  • Security: Owned System, Smoke Detectors


🏫 School Zoning

  • Elementary: Lakemont Elementary

  • Middle: Maitland Middle

  • High: Winter Park High


📍 Directions:
From Osceola Ave, turn onto Trismen Terrace, then onto Detmar Dr. Turn left on Lakewood Dr — the home is ahead.

📈 Price History Summary


Date

Event

Price

$/SqFt

Notes

Jan 16, 2025

Listing Removed (Rent)

$19,950

$3/sqft

Rental Listing

Oct 17, 2024

Price Decreased (Rent)

$19,950

$3/sqft

-$2,550

Sep 9, 2024

Price Decreased (Rent)

$22,500

-$2,000

Sep 2, 2024

Price Decreased (Sale)

$4,500,000

$770/sqft

-$250,000

Aug 9, 2024

Listed for Rent

$24,500

$4/sqft

May 31, 2024

Price Decreased

$4,750,000

$812/sqft

-$250,000

Apr 11, 2024

Relisted

$4,995,000

$854/sqft

Apr 1, 2024

Listing Removed

$4,995,000

$854/sqft

Mar 10, 2024

Relisted

$5,250,000

$888/sqft

Mar 8, 2024

Listing Removed

$5,250,000

$888/sqft

Jan 15, 2024

Relisted

$5,250,000

$888/sqft

Nov 21, 2023

Listing Removed

$5,495,000

$940/sqft

21 days after listing

Oct 31, 2023

Listed

$5,495,000

$940/sqft

+200.11% from 2001 sale

🏷 Historical Sales (Public Records)


Date

Event

Price

$/SqFt

Jun 29, 2001

Sold

$1,825,000

$312/sqft

Jun 5, 1997

Sold

$1,105,000

$189/sqft

Jun 1, 1989

Sold

$1,250,000

$214/sqft

Jan 1, 1984

Sold

$435,000

$74/sqft

Jan 1, 1970

Sold

$65,000

$11/sqft

1957

Built

🧾 Tax History Overview


Year

Taxes

Total Assessment

2023

$24,480

$1,868,777

2022

$23,192

$1,540,560

2021

$22,360

$1,496,688

2020

$22,190

$1,475,038

2019

$22,887

$1,441,875

2018

$22,782

$1,444,990

2017

$22,606

$1,385,886

2016

$22,156

$1,357,381

2015

$22,688

$1,347,945

2014

$22,887

$1,397,247

2013

$22,424

$1,317,485

2012

$21,390

$1,295,462

2011

$22,688

$1,311,002

2010

$22,424

$1,308,955

2009

$24,461

$1,483,202

2008

$27,131

$1,694,833

2007

$28,449

$1,772,641

The price and tax history data displayed is obtained from public records and/or MLS feeds from the local jurisdiction.

Here is a professionally formatted Permit History Summary for the property:


📝 Permit History Overview

Date

Type of Work

Project Type

Status

Sep 24, 2014

Mechanical/HVAC Application

Mechanical Work

Issued

Dec 18, 2002

Swimming Pool

Electrical Work, Pool & Spa Construction

Issued

Dec 12, 2002

Swimming Pool

Pool & Spa Construction

Final

Nov 6, 2002

Residential Alterations

Paving, Driveways, Sidewalks, Residential

Final

Nov 6, 2002

Fence Application

Fences

Complete

Nov 5, 2002

Mechanical/HVAC Application

HVAC, Mechanical Work

Complete

Oct 15, 2002

Tree Removal Permit

Landscape

Issued

Sep 28, 1999

Plumbing Application

Plumbing, Sewer Laterals

Revoked

Sep 28, 1999

Plumbing Application

Plumbing, Sewer Laterals

Complete

Apr 14, 1999

Tree Removal Permit

Landscape

Issued

Sep 18, 1998

Fence Application

Fences

Complete

May 27, 1998

Re-roof

Roofing

Complete

Apr 7, 1998

Decking/Patio

Decks and Porches, Patios

Complete

Oct 2, 1997

Boathouse

Electrical Work

Complete

Jul 8, 1997

Mechanical/HVAC Application

HVAC, Mechanical Work

Issued

May 21, 1997

Electrical Application

Electrical Work

Complete

Mar 18, 1997

Re-roof

Roofing

Complete

Feb 14, 1995

Driveway Permit

Paving, Driveways, Sidewalks

Complete

Total Recorded Permits: 18
Time Span: 1995 – 2014

The permit history displayed is obtained from public records and provided for informational purposes only. It may not represent the complete permit history for the property. Accuracy is not guaranteed.

🌍 Environmental Risk Overview


Risk Factor

Level

Details

Flood Factor

Minimal

This property’s flood risk is not changing.

Fire Factor

Minimal

Wildfire risk remains stable.

Heat Factor

Severe

Experienced 5 days above 107°F this year.

Wind Factor

Extreme

Extreme risk of severe winds over the next 30 years.

Air Factor

Minor

Risk of poor air quality is increasing.

Provided by First Street Foundation.

📊 Multi-Source Valuation Summary


Valuation Provider

Current Estimate

March 2020 Value

Change Since 2020

March 2024 Estimate

Change Since 2024

Quantarium

$3,990,507

$2,086,900

+91.2%

$4,609,410

–13.4%

CoreLogic®

$4,565,600

$2,740,900

+66.6%

$5,122,400

–10.9%

Collateral Analytics

$3,174,000

$1,943,607

+63.3%

$5,198,000

–38.9%

🧠 Insights

  • All providers show strong growth since 2020.

  • Each also reflects a decline from 2024, with Collateral Analytics reporting the steepest drop at -38.9%.


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