705 Terrace Boulevard, FL705 Terrace Boulevard, FL705 Terrace Boulevard, FL
Stellar MLS
1 / 60

$2,495,000

705 Terrace Boulevard

Orlando, FL 32803

Listing updated: August 29, 2026 at 1:05 PM ET

Active
Stellar MLSListing courtesy of Fannie Hillman & Associates · Mary Ann Lahey · MLS #O6419732 · Active · 407-644-1234
5
Beds
5
Baths
4,960
Sq Ft
0.28
Acres
1927
Built
WaterfrontWater accessIn-law suiteFireplace$503/sqft360° tour
Single Family Residence

Property type

1927

Year built

12,327 sqft

Lot size

$503

Price / sq ft

No HOA

HOA dues

64

Days on market

X

Flood zone

About this home

This 1927 Arts and Crafts Masterpiece is in the very heart of the Orlando “Foodie” district. It is nestled in the imminently walkable Park/Lake Highland neighborhood, within a brief stroll or bike to 100’s of restaurants, shops, craft bars and a short walk to Lake Highland Prep (your child’s “skip-the-line ticket” to an exceptional education). Also a beautiful neighborhood for dogs and cats! This is the relaxed lifestyle you’ve been dreaming of!! It’s Beautifully positioned on a terraced hill overlooking picturesque Lake Highland in the heart of downtown Orlando, and has butterfly gardens surrounding gushing waterfalls and a fountain. This lakefront home is steeped in history and timeless elegance, rich in architectural character, the home showcases original craftsmanship thoughtfully preserved and enhanced through tasteful renovations that seamlessly blend historic charm with modern luxury. Authentic period details include impressive 7-inch moldings, picture rails, original built-ins and cabinetry, beautiful oak and heart pine flooring, and architectural elements that honor the home's historic significance while creating an inviting atmosphere for contemporary living. Designed across multiple levels, the thoughtfully planned floor plan offers exceptional living and entertaining spaces, all enhanced by breathtaking lake views. The main level features an expansive family room, elegant formal dining room, and a European-inspired kitchen with adjoining lakefront dinette overlooking the water. The lower level is an entertainer's dream, offering a spacious summer living room, dining area, wet bar, and versatile studio space that opens seamlessly to the outdoor living areas. The upper levels are dedicated to private living quarters with beautifully renovated bathrooms and generously sized bedrooms, including a luxurious primary suite featuring a private sitting area and a spa-inspired bath complete with a classic clawfoot soaking tub perfectly positioned to capture tranquil lake views. Completing this one-of-a-kind estate is a detached Lakefront one-bedroom, one-bath Guest House providing an ideal private retreat for guests, extended family, or a home office. Outdoor living is equally extraordinary. A covered lanai with summer kitchen and outdoor dining area overlooks the beautifully terraced backyard featuring bubbling waterfalls, lush tropical landscaping, and multiple gathering spaces. Meandering steps lead to your private lakefront retreat where a lakeside fire pit and expansive waterfront deck create the perfect setting for enjoying spectacular sunsets, entertaining guests, or simply relaxing with a glass of wine while taking in the peaceful surroundings. Enjoy skiing, paddle boarding, or kayaking on private Lake Highland. This remarkable residence offers a rare opportunity to own one of downtown Orlando's most distinctive historic lakefront homes-where timeless architecture, modern comfort, and resort-style outdoor living come together in an unforgettable setting.

Estimated monthly payment

Principal & interest$12,616
Property taxes$1,765
Home insurance (est.)$1,144

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 history64 days on market

  1. Status: Active
    Jun 26, 2026
  2. Listed$2,695,000
    Jun 26, 2026
  3. Price reduced$2,495,000

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
64
Subdivision
Highland Terrace Sub
County
Orange
Year built
1927
Living area
4,960 sq ft
Price/sq ft
$503
Building area
5,328 sq ft (Public Records)
Lot size
12,327 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X (12095C0265F)
Annual taxes
$21,185 (2025)
Parcel #
24-22-29-3580-01-070
Zoning
R-1A/T
MLS #
O6419732

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Interior Details

Bedrooms
5
Full bathrooms
4
Half bathrooms
1
Flooring
Concrete, Parquet, Wood
Appliances
Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
Interior features
Attic Ventilator, Built-in Features, Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Window Treatments
Laundry
Inside, Laundry Chute, Laundry Room
Stories / Levels
Three Or More
Direction faces
Southeast
Fireplace
Yes
In-law suite
Yes

Heating & Cooling

Heating
Central, Electric, Zoned
Cooling
Central Air, Zoned

Parking

Parking features
Driveway, Electric Vehicle Charging Station(s), On Street
Carport
Yes

HOA & Financial

Total monthly fees
$0/mo
Total annual fees
$0
CDD
No
Homestead exemption
Yes
Listing terms
Cash, Conventional
Ownership
Fee Simple
Available for lease
No

Exterior & Construction

Exterior features
Balcony, Fire Pit, Garden, Lighting, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sprinkler Metered, Storage
Construction materials
Brick, Frame, Wood Siding
Roof
Shingle
Foundation
Basement
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Brick

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Sprinkler Recycled, Water Connected

Room Details

RoomLevelDimensions
FoyerSecond5x10
Dining RoomSecond14x19
KitchenSecond12x14
DinetteSecond8x14
Family RoomSecond14x24
Primary BedroomThird14x20
Primary BathroomThird9x14
Bedroom 2Third12x14
Bedroom 3Third10x14
Bedroom 4Upper11x30
Living RoomFirst15x13
Dining RoomFirst12x14
OfficeFirst7x8

Listing Details

Listing date
2026-06-26
On market date
2026-06-26
Original list price
$2,695,000
Occupant type
Owner
MLS area
32803 - Orlando/Colonial Town
Listing AOR
Orlando Regional
Status changed
2026-06-26
Tax legal description
HIGHLAND TERRACE SUB K/31 LOT 7 BLK A

Flood risk

Minimal riskFEMA Zone XPanel 12095C0265F

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

Highway 17-92 North from Colonial Drive, left on Weber, left on Terrace Blvd., house on right

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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 August 29, 2026 at 1:05 PM 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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