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$1,950,000

Beds
4
Baths
3.5
sq ft
3,866

11036 Schooner Way, Windermere, FL 34786

11036 Schooner Way

WINDERMERE, FL 34786

  • 36 days on market
    • Price drop $250,000↓
    • Open house Feb 23
Newly renovated, this jewel on the Butler Chain of Lakes sits on over an acre within the golf cart zone of the sought-after Town of Windermere. In the mature community of Marina Bay Estates, this two-story home features a large circular driveway with a motor court, an oversized two-car garage, and a newly added golf cart garage for additional storage. The four-bedroom home spans almost 3,900 sqft, with ample room to expand on the 1.11-acre waterfront estate. Upon entering, you’re welcomed by a light, modern color palette and an abundance of natural light bouncing off the freshly painted interior and illuminating the new tile floors. The newly added master suite on the first floor enhances the home's appeal, providing convenience and luxury. Perfect for entertaining family and friends, the home has an excellent flow from the formal living room into the family room with its soaring, two-story ceiling, around the kitchen with casual dining, and a separate formal dining room. Both the formal living room and family room overlook the sparkling pool and covered lanai. With two bedrooms downstairs and two additional bedroom suites on the second floor, the property makes an attractive option as a vacation home. Listed among the numerous upgrades to the property, this home features a new metal roof, two new air conditioning units, all newly renovated bathrooms, all new flooring, a whole-house water softener system, and a private well.

Details

Property type

Single Family Residence

Est. home value

$1,585,543

Lot size

1.11 acres

Price per sq ft

$505

Year built

1986

Annual property taxes

$21,671

HOA fee

$1,500

Price History

02/21/2025
StellarMLS

StellarMLS #O6272880

Price change
$1,950,000
-11.36%
02/04/2025
StellarMLS

StellarMLS #O6272880

Price change
$2,200,000
-8.33%
01/18/2025
StellarMLS

StellarMLS #O6272880

Listed
$2,400,000
+50%

Schools & Community

Elementary school: 

Windermere Elem

Middle school: 

Gotha Middle

High school: 

Olympia High

Community features: 

Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

American Momentum Bank

Loan start date

October 2023

Original loan amount

$1,280,000

Est. remaining balance

Not provided

Interest rate

6.75%

Loan type

New Conventional, 30 year

Seller

Thomas J Hutchison Iii and Deanne W Hutchison

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 3:45 AM

Listing updated: 02/22/2025 at 3:10 PM

Listed by: Toni Cafferty, COMPASS FLORIDA, LLC Phone #: (305) 851-2820

MLS: StellarMLS #O6272880

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