New luxury lakefront community being built in Windermere
New mansion-style homes will soon pop up along the Butler Chain of Lakes in a highly sought-after community south of Orlando. Orlando-based Green Tree Development Group will break ground July 23 on the new Rosser Reserve gated lakefront community in Windermere. Rosser Reserve LLC bought the land at 9501 Conroy Windermere Road for $5.6 million on Jan. 30 from Sue R. Prosser and Mildred R. Williams, heirs of the Rosser family, Orange County property records showed. Prior to the deal, the property was largely untouched and citrus trees that were planted in 1917 by the Rosser family stayed standing as the city of Windermere grew. However, as the property’s appeal grew, the Rosser family kept it undeveloped until last year when Green Tree Development presented the plans for Rosser Reserve.
The new 11-acre community will include 10 estate-size home sites — five lakefront lots and five interior lots. Green Tree Development Group CEOTimothy Green said the interior lots are three-quarters of an acre, while the lakefront lots will be on 1.25 acres. Homes on the interior lots will start from $800,000, while the lakefront homes will start at $1.8 million. See the site plan in the image below, as well as a virtual tour of the planned community. “We have a strict requirement that the minimum allowable house on the interior lots is a total of 8,000 square feet. The minimum for the lakefront homes will be 10,000-12,000 square feet. The community will end up being the who’s who living there.”
New homes create temporary construction jobs in the region and provide housing stock for Central Florida’s growing population. In addition, new luxury homes help attract high-end buyers to the area. Green said about 50-100 construction jobs will be created with the Rosser Reserve project, which is expected to be completed by summer 2016.