****PRICE DROP ALERT!! 16K BELOW APPRAISED VALUE!! **** Lakefront Living on Acreage in the Heart of Orlando — A Rare Find and priced BELOW Appraised Value!! Welcome to 4144 Pelee Street, a truly special lakefront home on 1.33 acres—something incredibly hard to find this close to downtown Orlando. Tucked away on a private road, this Cape Cod–style retreat offers the perfect blend of space, tranquility, and convenience, all while being priced below appraised value—making it an exceptional opportunity. Set on a peaceful lake with breathtaking water views, this 2,534-square-foot, three-level home is filled with natural light and designed to embrace its surroundings. Nearly every level offers views of the lake, creating a sense of calm the moment you arrive. The home has been freshly painted and features new luxury vinyl flooring throughout, giving it a clean, modern feel while still maintaining its warm character. The extra-large driveway, storage shed, workshop, and fenced backyard provide space and flexibility that are rarely found in Orlando homes. Outdoor living truly shines here. Enjoy your morning coffee on the large front porch, unwind on the screened back porch overlooking the lake, or gather with friends around the fire pit by the water. For those who love a little self-sufficiency, chickens are allowed, and there’s already a chicken coop in place. Inside, the layout is ideal for multigenerational living or flexible use: 4 bedrooms and 3 full baths, a private master suite on its own level, complete with lake-view windows, a garden tub, walk-in shower, and a spacious walk-in closet. Two bedrooms on the main level, including a possible in-law suite with its own ensuite bath, walk-in shower, and walk-in closet. Laundry room on the main level for everyday convenience. A recently added great room on the third level, filled with light - perfect as a media room, entertaining space, or 4th bedroom. With Cape Cod charm, abundant windows, incredible lake views, and over an acre of land, this home offers a lifestyle that feels worlds away—yet keeps you close to shopping, dining, and downtown Orlando. Homes like this don’t come along often. Lakefront, acreage, privacy, and value—4144 Pelee Street delivers it all. For a full video tour of this home watch here: https://youtu.be/8pwndcWhOvQ