Price Improvement! Located behind the gates of the prestigious Reserve at Belmere in sought-after Windermere, this exceptional Mediterranean-inspired estate offers a rare blend of timeless architecture, modern luxury and thoughtful custom enhancements. Built in 2004 by the original owners and expanded during construction, the residence offers more than 3,427 square feet of refined living space and over 4,528 total square feet, creating a larger footprint than many comparable homes within the community. Extensively upgraded with more than $250,000 in recent improvements, this meticulously maintained home showcases true pride of ownership. Significant updates completed within the last three years include three new Trane HVAC systems, replacement windows, premium appliances, pool renovations, designer lighting and numerous interior and exterior enhancements. From the moment you enter, soaring 24-foot ceilings and elegant architectural details set the tone. Crown molding, coffered ceilings, engineered hardwood flooring, custom window treatments and a marble wood-burning fireplace create a sophisticated yet inviting atmosphere. Expansive glass sliding doors frame the outdoor living spaces and provide seamless indoor-outdoor flow ideal for everyday living and entertaining. The chef’s kitchen has been thoughtfully curated with luxurious quartzite countertops, custom pullout cabinetry with rotating shelving systems and an impressive suite of premium German appliances, including a Miele built-in coffee system, convection oven, dishwasher and refrigerator. A professional-grade 48-inch chef gas range with six burners and a griddle, custom lighting and a built-in three-stage water filtration system complete the space. Privately on the main level, the primary suite offers a tranquil retreat with coffered ceilings, newly installed commercial-grade carpeting, serene pool views and direct patio access. The spa-inspired primary bath is appointed with marble and travertine finishes, a soaking tub, a separate shower and custom walk-in closet built-ins. Upstairs, generously sized secondary bedrooms and a spacious loft overlook the formal living and dining areas below. Designed for elevated outdoor living, the resort-style backyard features a resurfaced saltwater pool and spa, an updated pool heater, decorative fountains, remote-controlled pool systems and multiple entertaining areas surrounded by lush European-inspired landscaping, stone pathways and manicured grounds. Canary palms and mature landscaping create a private, luxurious setting. Additional highlights include a new front entry door, an oversized three-car garage, an upgraded security system, a partial roof replacement and designer chandeliers and lighting throughout. Ideally located in one of Windermere’s premier gated communities, residents of Reserve at Belmere enjoy convenient access to top-rated schools, dining, shopping, golf, major roadways and the area’s renowned luxury lifestyle offerings.
Single-familyProperty Type
2004Year Built
0.28 acresLot Size
$372Price/Sq.Ft.
$241/moHOA Dues
3 car garageParking
Listed by Adam Shuler, II• PREMIER SOTHEBYS INT'L REALTY
Listed by Shandy Ortiz• PREMIER SOTHEBYS INT'L REALTY
Central air conditioning (zoned) with humidity control
Exterior features
Covered, screened patio
Patio
Pool with heated in-ground spa and screen enclosure
Pool features include child safety fence, gunite construction, heating, pool lighting, outside bath access, salt water system, tile
Lighting
Private mailbox
Rain gutters
Sidewalk
Sliding doors
Sprinkler meter
Mature landscaping with trees
Landscaped, level yard
Home design
Single family residence
Residential property
Two levels
Completed condition
Southeast-facing
Parking
Driveway
Ground-level garage with garage door opener
Attached 3-car garage
Security
Gated community
Security gate
Key card entry
Security system (owned)
Closed-circuit cameras
24-hour guard (HOA-provided)
Smoke detectors
Construction
Block and stucco construction
Tile roof
Slab foundation
Shed(s) on property
Built in approximately two levels (two-story)
Utilities
Public water
Public sewer
Cable connected
Electricity connected
Fiber optics available
Natural gas connected
Underground utilities
Water connected
Sprinkler meter
HOA & community
HOA with Sentry Management (monthly fee $241)
Association amenities include clubhouse, fitness center, park, playground, basketball court, tennis courts, pickleball courts, maintenance, security, sidewalks, street lights
Association fee includes 24-hour guard, cable TV, escrow reserves fund, grounds maintenance, management, recreational facilities, security
Financial info
Monthly HOA amount $241
Total annual fees reported $2,892
Other
Homestead exemption indicated
Zoning: P-D
Accessible features throughout (ramps, accessible bedroom, entrance, full bath, hallway(s), kitchen and appliances, central living area, washer/dryer)
Electricity and solar
View estimated energy costs and solar savings for this home
To provide for planned residential communities, containing a variety of residential structures and diversity of building arrangements, with complementary and compatible commercial or industrial uses or both; planned commercial centers with complementary and compatible residential or industrial uses or both; planned tourist commercial centers with complementary and compatible uses which may include tourist attractions, theme parks, residential and light storage; or planned industrial parks with complementary and compatible residential or commercial uses or both; and public and quasipublic facilities developed in accordance with an approved development plan; To allow diversification of uses, structures, and open spaces in a manner compatible with existing and permitted land uses on abutting properties; To reduce improvement and energy costs through a more efficient use of land design and smaller networks of utilities and streets than is possible through application of other zoning districts and subdivision requirements; To ensure that development will occur according to limitations of use, design, density, coverage and phasing stipulated on an approved development plan; To preserve the natural amenities and environmental assets of the land by encouraging the preservation and improvement of scenic and functional open areas; To encourage an increase in the amount and use of open space areas by permitting a more economical and concentrated use of building areas than would be possible through conventional zoning districts; To provide maximum opportunity for application of innovative concepts of site planning in the creation of aesthetically pleasing living, shopping and working environments on properties of adequate size, shape and location; The P-D district is a flexible zoning district which is intended to provide an appropriate balance between the intensity of development and the ability to provide adequate capacity within the support services and facilities.
Permitted uses
Include but are not limited to:
No uses permitted by right
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 108° expected this year, 24 days in 30 years
9/10 Wind Factor
99% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Windermere, FL • 34786
Average low and high temperatures (°F)
68
48
75
54
81
60
84
65
90
72
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93
76
91
76
88
74
83
69
78
60
73
55
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Windermere. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.5 hrs
7.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1554 Lake Rhea Dr
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $753,000 and $1,210,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $753K to $1.2M.