


$2,495,000
705 Terrace Boulevard
Orlando, FL 32803
Listing updated: August 29, 2026 at 1:05 PM ET
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
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
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
- Status: ActiveJun 26, 2026
- Listed$2,695,000Jun 26, 2026
- 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
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Second | 5x10 |
| Dining Room | Second | 14x19 |
| Kitchen | Second | 12x14 |
| Dinette | Second | 8x14 |
| Family Room | Second | 14x24 |
| Primary Bedroom | Third | 14x20 |
| Primary Bathroom | Third | 9x14 |
| Bedroom 2 | Third | 12x14 |
| Bedroom 3 | Third | 10x14 |
| Bedroom 4 | Upper | 11x30 |
| Living Room | First | 15x13 |
| Dining Room | First | 12x14 |
| Office | First | 7x8 |
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-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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