Home in 403 Water St Celebration for sale with MLS# S5148942

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.

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Days on the market

403 Water St, Celebration, FL 34747

Price
Price:
$1,949,000.00
Original List Price:
$1,949,000.00
List Price per Sq Ft (Calculated, Approx.):
$412.05
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Single Family House
MLS Number:
S5148942
Rooms Distribution
Bedrooms:
5
Bathrooms Total:
5
Full Bath:
4
Half Bath:
1
Measures
Living Area:
4,730 Sqft
Built-Up Area:
6,198 Sqft
Lot Area:
12,110 Sqft
Building Area Source:
Public Records
Living Area Source:
Public Records
Lot Size Acres:
0.28
Property Features
View from the Property:
Water
Waterfront:
Yes
Waterfront Features:
Pond
Private Pool
Swimming Pool Features:
Gunite, In Ground
Spa Features:
In Ground
Furnished:
Unfurnished
Appliances:
Disposal, Microwave, Refrigerator, Cooktop, Range
Interior:
Eat-in Kitchen, High Ceilings, Walk-In Closet(s), Built-in Features, Ceiling Fans(s), Solid Surface Counters, Primary Bedroom Main Floor
Exterior:
Outdoor Kitchen
Patio and Porch:
Patio, Covered, Rear Porch
Laundry:
Laundry Room
Fireplace
Fireplace:
Gas
Air Conditioning System:
Central Air
Heating System:
Central
Property Entrance Faces:
West
Other Equipment:
Irrigation Equipment
Water View
Water View Details:
Canal
Construction
Year Built:
1997
Roof:
Shingle
Architectural Style:
Colonial
Levels:
Two
Construction Materials:
Frame
Flooring:
Carpet, Ceramic Tile, Hardwood
Foundation Details:
Slab
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$22,230.00
Tax Year:
2025
Association Fee:
$357.34
Association Fee Frequency:
Quarterly
Total Annual Fees:
$1,429.36
Total Monthly Fees:
$119.11
Tax Other Annual Assessment Amount:
1632
Parking
Garage
Garage Spaces:
3
Attached Garage
Parking Features:
Garage Faces Rear, Alley Access
Utilities
Sewer:
Public Sewer
Utilities Available:
Electricity Connected
Water Source:
Public
Community
Association
Minimum Lease Term:
1-2 Years
Pets Allowed?
Amenities Provided by the Homeowner's Association (HOA):
Clubhouse, Recreation facilities, Playground, Fitness Center, Recreation Facilities, Tennis Court(s), Trail(s), Basketball Court, Pickleball Court(s), Park
Subdivision Name:
CELEBRATION VILLAGE UNIT 2
Community Features:
Clubhouse, Sidewalks, Fitness Center, Park, Pool, Playground, Dog Park, Deed Restrictions
Senior Community:
No
Association Fee Required:
Required
Community Development District CDD
Association Management:
Celebration Residential Owners Association
Association Phone:
407-566-1200
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Vacant
Buyer Possession:
Close Of Escrow
Lease Considered:
Yes
Zoning and Legal
Tax Legal Description:
CELEBRATION VILLAGE UNIT 2 PB 8 PG 185-212 LOT 233 08/25/28
Real Estate Folio Number (Parcel Number):
07-25-28-2783-0001-2330
Zoning:
OPUD
Title to the property is held by owner as:
Fee Simple
Public Schools Assigned
Elementary School:
Dr. Rolando Espinosa K-8
High School:
Celebration High
Middle Or Junior School:
Celebration K-8
Listing History
Originally published on:
May 4, 2026 8:58 pm
Active on the market since:
May 4, 2026
Listing Agreement executed on:
April 30, 2026
Listing Status Last Changed On:
May 4, 2026 8:58 pm
Photos updated on:
May 4, 2026 9:00 pm
Last Modified:
May 5, 2026 10:48 am
Additional Information
Courtesy of:
NECTAR REAL ESTATE
Attribution:
407-414-4005
Road Surface Type:
Asphalt
Location
Street Name:
WATER
Street Number:
403
City:
CELEBRATION
State:
Florida
Zip Code:
34747
County:
Osceola
Latitude:
N28° 19' 21''
Longitude:
W82° 27' 30.7''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $83,141
Median Home Value $455,600
Median Rent $1,812/mo
Median Age 37
Population 27,422

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