Welcome to 323 E 4th Avenue in Windermere, FL--a stunning 3-bedroom, 2.5-bathroom bungalow that has been fully remodeled in 2020. This luxury waterfront property sits on a nearly 1/2 acre of land on the picturesque Lake Down, part of the renowned Butler Chain of Lakes. This Lake House is in the heart of Historic Downtown Windermere which offers a charming & idyllic lifestyle. Enjoy a short walk or quick golf cart ride to the downtown farmers market on Fridays, Food Truck night once a month plus exclusive access to Windermere Tennis/Pickleball courts & private boat ramp on 7th Avenue. The home features a new roof installed in 2020, new septic installed in Dec. 2020 and boasts a modern kitchen & bathrooms, beautiful wood floors, an upstairs deck & downstairs lanai with a pergola & heated spa, 9 foot doors along the back of the house offering lake views from almost every corner, a covered boat dock with new roofing and flooring, complete with water and electric hookups and was also recently re-secured. The beautifully landscaped property includes a brick paver walkway, a fully fenced yard, and a shed equipped with electricity, providing ample storage and convenience. Back inside, you will also find tall baseboards throughout, plenty of storage areas and plantation shutters. Enjoy spectacular sunrises & rocket launches from your backyard. The owner has preliminary plans for an additional 1,000 square foot building; add a double garage with a guest suite along the back of the driveway without a variance needed from the town. The additional septic tank was added to accommodate for the proposed garage/guest suite so all you need to do is finish the plans & build! Don't miss the opportunity to own this exquisite lakeside retreat at an unbeatable price.