The Isleworth Country Golf & Country Club estate at 5507 Worsham Court in Windermere was listed for sale on Oct. 1. The $5.96 million mansion has been listed and re-listed at least four times since July 2020. It is Central Florida’s fifth-most-expensive active listing, according to the Orlando Regional Realtor Association.
The 13-year-old home’s stunning luxury features include:
- Marble and wood flooring
- Massive master suite walk-in closet
- Theater room
- Outdoor summer kitchen overlooking the pool
- Five garages, two of which were converted to children’s play and school areas. They can be re-converted to garages or another room.
Despite the home encompassing 10,200 square feet, it still “feels cozy,” listing agent Shirlei DeVito of Century 21 Carioti told Orlando Business Journal. Another distinct feature is the concrete block construction on both floors of the home instead of wood, DeVito added.
The home’s current ownership is murky. Da Silva bought the property for $5 million in 2009, per Orange County Property Appraiser records. Da Silva in 2020 sold the home to Cayman Islands-based DSF Real Estate for $100, property appraiser records showed. Details on DSF Real Estate, including its owner, were not available.
However, DeVito said the previous owners — da Silva and his family — were the only people to live in the home since it was built, and the mansion was not a primary residence. “The property is in mint condition.”
‘Exciting and devastating’ market
The number of local luxury home sales, while still high, dropped for the second straight month in August. Metro Orlando had 100 homes sell for $1 million or more in August, down from 102 in July and 130 in June, the Orlando Regional Realtor Association’s most recent data showed.
Since last summer, Orlando’s home market has demonstrated historic levels of demand, lack of supply and price gains. This generated an exhilarating luxury real estate market, but a “devastating” market for many house hunters in the more typical price ranges who cannot find a house that’s affordable, said Armel Real Estate Inc. owner and broker Deanna Armel, who isn’t involved with the Worsham Court home.
“At the multimillion-dollar level, it’s exciting because they have plenty of money, and they can go wherever. Outside of that, it’s a struggle.”
Residential real estate trends are important, since every home sale in the state has an estimated local economic impact of $90,300, per the National Association of Realtors. In addition, the housing market often is considered a reflection of the local economy’s overall health.