Isleworth Realty, a real estate firm based in Windermere, Florida, recently made headlines for breaking Central Florida’s luxury real estate record with the sale of a custom-built mansion located in the exclusive Isleworth community. The property, which was not on the market, sold for $32 million in an off-market deal on February 18, 2021, with an additional $3 million worth of furnishings and artwork bringing the total price to $35 million.
The previous record for the highest sale price of a luxury home in Central Florida was $15.3 million, which was set last year in Windermere. So, why did this particular property fetch more than double that amount? Isleworth Realty Broker Monica Lochmandy attributes the sale price to several unique features of the home and its location within the gated Isleworth community.
One of the most distinctive features of the mansion is its young age. Completed in 2020, the 26,000-square-foot home is one of only eight homes on the market in Orange County priced at $5 million or more that are less than three years old, according to Realtor.com. It boasts six bedrooms and 9.5 bathrooms, a two-story living room, a game room with a bowling alley, a basketball court, and a private beach, as well as an expansive disappearing-edge swimming pool that overlooks Lake Blanche.
But it’s not just the size and amenities that make this home unique. The property offers a rare mix of rooms and views that make it the ideal place to entertain. The home’s allure was boosted by its location within the gated community of Isleworth, which is home to some of Central Florida’s priciest houses, as well as a high-end country club and an 18-hole golf course designed by golf legend Arnold Palmer.
Isleworth has been the home of celebrities and athletes, including Tiger Woods and Shaquille O’Neal. One reason so many famous and wealthy homebuyers move to Isleworth is the community’s reputation for privacy and security. However, it’s tough to snag a home in the community; only five homes in Isleworth are currently listed for sale on Realtor.com.
The sale was brokered by Isleworth Realty and Orlando-based WRA Real Estate Solutions LLC. The buyer was Miami-based Sozo Real Estate Inc., which was incorporated last year by Miami attorney Erick Magno, according to state records. Despite a national slowdown in luxury home sales, the sale is proof that wealthy homebuyers continue to head to Central Florida, with the market and values expected to grow further.
In conclusion, the sale of this Windermere mansion for a record-breaking $35 million has put Central Florida on the map as a luxury real estate destination. The home’s young age, unique mix of rooms and views, and location within the exclusive Isleworth community are just some of the factors that contributed to its sale price. As Central Florida’s luxury real estate market continues to grow, it will be interesting to see what other record-breaking sales will follow.