TOWNHOMES OFFER A RARE OPPORTUNITY ON LAKE KILLARNEY

Lake Killarney Townhomes is a waterfront enclave of 30 contemporary urban townhomes on Mondrian Circle in Winter Park, nestled on the shores of Lake Killarney, not far from the intersection of Lee Road and Orlando Avenue (State Road 17-92). The units promise to be elegant — and they come with a coveted 32789 zip code. 

Better still, they’re located steps away from a rapidly redeveloping dining and entertainment corridor that was known decades ago as Winter Park’s “Million-Dollar Mile” because of all the mom-and-pop tourist motels lining the thoroughfare. 

The motels have been replaced by sleek, trendy restaurants and shopping venues. So you could argue that it’s still the Million-Dollar Mile, only exponentially. And across the street the mixed-use Ravaudage development is adding even more sizzle to the city’s action center.

Lake Killarney Townhomes feature six types of units — A through F — each similar in size but with distinct features. Type A, for example, has a three-bedroom, 3.5-bathroom layout encompassing 2,407 square feet along with a rooftop deck that measures 667 square feet. 

Two bedrooms are located on the first floor, with the master suite on the second floor neatly separated from the living area, dining room and kitchen.

Type F is a three-bedroom, 3.5-bathroom layout with 2,310 square feet and a 424-square-foot balcony. The living area, dining room and kitchen are on the first floor, with the three bedrooms on the second floor and the master suite adjoining a balcony. 

All units have two-car garages. The design theme is modern, livable and open, including floor-to-ceiling windows in the living room and master suites to maximize lake views. The project has been described as having “a cool South Florida vibe.” That sounds about right.

Prices range from approximately $600,000 to $1 million. The builder is Jordan Construction and Development, family owned and founded in 2007 by Larry Jordan. The project developer is Tampa-based Lindell Investments, which holds private and syndicated investments in excess of $650 million.

To make room for the townhomes, older duplexes under a different ownership group were knocked down. Of the 30 units, eight already are sold, according to Zoltan Kecskes, an independent custom builder and Realtor with Fannie Hillman + Associates. Kecskes and John McDade are the exclusive sales agents for the project.

“It’s very rare,” Kecskes says. Adds McDade: “It’s a one-of-a-kind project.” Currently, the two are working on a group of another eight units, four at a time.

“In Winter Park, we ran out of room to expand a long time ago,” notes Kecskes, who has been a licensed building contractor since 2008. “We like the location. The buyers like the location. And we’re at an acceptable price point to get new construction for 32789. It’s tough to get into Winter Park.” 

Also, the units don’t lack fine details and upscale finishes that you’d expect at that price point. On the exterior, those details range from wood-grain composite wall siding accents to balconies with distinctive glass railings. 

Inside, ceiling heights are a minimum of 10 feet and slightly higher on the second floor. Kitchen highlights include designer cabinets with premium accessories, stainless-steel appliances and ample island workspace. The bathrooms contain granite countertops and ceramic wall tile. Among many other features are orange-peel textured walls and modern square-edge baseboards.

There are also boat slips on Lake Killarney, while the master plan encompasses such elements as a waterfront gazebo, a professionally designed landscape package and irrigation, and a homeowners’ association. Natural gas serves the community.

“There’s really nothing like it in Winter Park,” notes McDade, who has been licensed Realtor since 1989. “We think it’s going to be a big hit. We’ve already gotten tons of inquiries.”

Those inquiries, according to Kecskes, have come from a broad mix of prospective buyers, spanning young professionals to retirees. “It’s quite nice to see that we just don’t have one specific type of specific buyer,” he says. 

Kecskes and McDade, of course, have their hands full as Realtors and builders. Zoltan even jokes that he has a third job: playing the stock market. 

The two are confident, though, it won’t take too long to reach the finish line with Lake Killarney Townhomes. Kecskes anticipates a brisk sprint to buildout next year. “That is the ideal time,” he says. “Absolutely.”