$1,949,000
403 Water Street
Celebration, FL 34747
About this home
Perfectly positioned in the heart of Celebrations Main Village, Canna Lily on Water Street represents a rare opportunity to own one of only five estate homes on iconic Water Street, known for its picturesque canal running down the center of the street. Just across from the Celebration Golf Club and only a short stroll to Market Street, community events, and Lakeside Park, the location is exceptional. Upon entering, you are welcomed by a gracious foyer with a formal dining room to the right and a private office to the left. Straight ahead, the home opens into a dramatic two-story great room, filled with natural light and framed by classic columns with custom millwork, anchored by a gas fireplace—creating a striking yet inviting central gathering space. This stately Colonial residence offers an expansive and thoughtfully designed floor plan, blending timeless architecture with functional, everyday livability. Generous living areas unfold with a natural flow, ideal for both refined entertaining and comfortable daily life. The first-floor primary suite provides a private and well-appointed retreat with both comfort and convenience, featuring French doors that open directly to the pool. Upstairs, the second floor is thoughtfully designed with one en-suite bedroom, along with two additional bedrooms connected by a Jack and Jill bath. One of the bedrooms features a dedicated homework or study area, adding a layer of functionality for today’s lifestyle. An additional room on this level offers flexibility as an office or playroom and can easily be converted into an additional bedroom with the addition of a closet. Beyond the main residence, a private pool creates a true backyard retreat—perfect for both quiet relaxation and entertaining. The garage apartment offers a fully independent mother-in-law suite above the three-car garage, ideal for extended family, guests, or flexible use. With only five estate homes on Water Street, the combination of location, layout, and rarity make Canna Lily on Water Street a truly compelling offering.
Estimated monthly payment
$12,720/mo
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history1 days on market
- Status: ActiveMay 4, 2026
- Listed$1,949,000May 4, 2026
- Price increased$1,949,000
Virtual Tour
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 1
- Subdivision
- Celebration Village Unit 2
- County
- Osceola
- Year built
- 1997
- Living area
- 4,730 sq ft
- Price/sq ft
- $412
- Building area
- 6,198 sq ft (Public Records)
- Lot size
- 12,110 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12097C0035G)
- Garage
- 3 spaces
- Pool
- Private pool
- Annual taxes
- $22,230 (2025)
- Parcel #
- 07-25-28-2783-0001-2330
- Zoning
- OPUD
- MLS #
- S5148942
Interior Details
- Bedrooms
- 5
- Full bathrooms
- 4
- Half bathrooms
- 1
- Flooring
- Carpet, Ceramic Tile, Hardwood
- Appliances
- Cooktop, Disposal, Microwave, Range, Refrigerator
- Interior features
- Built-in Features, Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Primary Bedroom Main Floor, Solid Surface Counters, Walk-In Closet(s)
- Laundry
- Laundry Room
- Stories / Levels
- Two
- Direction faces
- West
- Fireplace
- Yes
- In-law suite
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 3
- Attached garage
- Yes
- Parking features
- Alley Access, Garage Faces Rear
HOA & Financial
- HOA fee
- $357 / Quarterly
- Monthly HOA
- $119/mo
- Total monthly fees
- $119/mo
- Total annual fees
- $1,429
- HOA name
- Celebration Residential Owners Association
- CDD
- Yes
- Min lease term
- 1-2 Years
- Listing terms
- Cash, Conventional
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- Yes
- Additional lease restrictions
- See CROA Documents for Lease Restrictions
Exterior & Construction
- Exterior features
- Outdoor Kitchen
- Construction materials
- Frame
- Roof
- Shingle
- Foundation
- Slab
- Pool
- Private pool
- Waterfront
- Yes
- Water view
- Yes
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Electricity Connected
Community
- Pets allowed
- Yes
Schools
School data from listing agent. Verify enrollment with the district.
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | First | 16x26.5 |
| Primary Bathroom | First | 14x17 |
| Bedroom 2 | Second | 14x15 |
| Bedroom 3 | Second | 14x15 |
| Bedroom 4 | Second | 16.5x12 |
| Foyer | First | 7x14 |
| Living Room | First | 14.5x14 |
| Dining Room | First | 15x14 |
| Great Room | First | 20x18 |
| Kitchen | First | 19x21.5 |
| Bonus Room | Second | 16x12 |
Listing Details
- Listing date
- 2026-04-30
- On market date
- 2026-05-04
- Original list price
- $1,949,000
- Occupant type
- Vacant
- MLS area
- 34747 - Kissimmee/Celebration
- Listing AOR
- Osceola
- Status changed
- 2026-05-04
- Tax legal description
- CELEBRATION VILLAGE UNIT 2 PB 8 PG 185-212 LOT 233 08/25/28
Location
- Flood zone
- X(12097C0035G)
Directions
Celebration Avenue to Water Street.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of May 5, 2026 at 6:48 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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