Butler Chain of Lakes in Windermere Florida near Waterstone gated community

Waterstone Homes for Sale in Windermere

Guard-gated lakefront living on the Butler Chain of Lakes with private access to Windermere Preparatory School.

$1.46M-$4.6M
Price Range
120
Luxury Homes
60 Days
Avg Days on Market
24/7
Manned Guard Gate

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About Waterstone on Lake Butler

If you're looking at Waterstone homes for sale, you're considering one of Windermere's most coveted guard-gated communities. I love showing homes here because the quality is exceptional. Waterstone is a private enclave of about 120 luxury homes spread across 128 acres on the shores of Lake Butler, part of the legendary Butler Chain of Lakes in Windermere, FL 34786.

The community was built between 2010 and 2019 by four respected builders: Brerhill Homes, David Weekley Homes, Sillman Homes, and Toll Brothers. You'll find Mediterranean and Tuscan-inspired architecture with barrel tile roofs, brick paver driveways, and homes ranging from roughly 2,700 to over 9,600 square feet with 4 to 7 bedrooms.

What really sets Waterstone apart from other luxury communities in Windermere is the combination of Butler Chain lakefront access, a 24-hour manned guard gate, and a private gated entrance directly into Windermere Preparatory School, the number one ranked private school in Orlando.

Waterstone Pricing and Market Data

Waterstone Market Snapshot

$1,935,500
Avg Sale Price
$2,041,863
Avg Asking Price
$326/sqft
Price Per Sqft
60 Days
Avg Days on Market

Price range: approximately $1,460,000 to $4,600,000. List-to-sell ratio: 95%. Eight homes sold in the past 12 months. Data as of June 2026 via Windermere MLS. Contact me for current listings and pricing.

Waterstone isn't a large production community. With only 120 homes total, inventory is limited and turnover stays low. When a home does come on the market, it typically sells within 60 days at 95% of asking price. Lakefront lots on Lake Butler command the highest premiums.

The Arrival Experience

One of the first things you'll notice about Waterstone is the signature brick paver arched bridge entry. Just past the 24-hour manned guard gate, the bridge leads into a landscape of live oak-lined streets, lush tropical plantings, and a quiet sense of privacy that immediately sets you apart from the outside world.

The Mediterranean and Tuscan architecture is consistent throughout, creating a cohesive and elegant streetscape. Most homes feature private screened swimming pools, and lakefront properties often include private docks for accessing the Butler Chain of Lakes.

Butler Chain of Lakes Access

Waterstone sits right on the shores of Lake Butler, which connects to the Butler Chain of Lakes, a series of 11 interconnected lakes spanning over 4,700 acres of pristine, navigable water. The Butler Chain is widely regarded as the most desirable lake system in Central Florida.

Residents with lakefront homes can boat, kayak, paddleboard, and fish directly from their private docks. The chain connects Lake Butler to Lake Down, Lake Isleworth, Lake Bessie, Lake Louise, Lake Chase, Lake Tibet, Lake Blanche, Pocket Lake, Lake Sheen, and Fish Lake.

Lakefront lots in the Lake Butler area of Waterstone average approximately 1.3 acres, providing substantial privacy, deep water frontage, and room for generous outdoor living spaces. Some interior lots also exceed one full acre.

Windermere Preparatory School Access

This is one of my favorite things to tell parents about: Waterstone has a private gated entrance directly into Windermere Preparatory School. That means you can walk or drive your kids to school without ever leaving the gated community.

Windermere Preparatory School is a private K-12 school rated A+ by Niche and ranked the number one private school in the Orlando area. They maintain a 100% graduation rate, a 13:1 student-to-teacher ratio, and average SAT scores of 1310. Total enrollment is around 1,600 students.

For families with school-age children, this private entrance is a convenience and safety advantage that no other community in the area can match.

Community Amenities

Builders and Architecture

Four of Central Florida's most respected homebuilders developed Waterstone between 2010 and 2019, and the quality really shows.

Brerhill Homes is a custom luxury builder known for high-end craftsmanship. David Weekley Homes is nationally recognized, offering semi-custom floor plans with premium finishes. Sillman Homes is a boutique builder specializing in Mediterranean and Tuscan-style luxury estates. And Toll Brothers is America's luxury homebuilder, delivering large-scale homes with designer upgrades.

Homes here typically feature barrel tile roofs, brick paver driveways, stucco exteriors, gourmet kitchens, resort-style pools, and 3 to 4 car garages. Inside, you'll find hardwood and stone flooring, custom cabinetry, and high-end appliance packages.

HOA and Annual Costs

Schools Serving Waterstone

Public school zoning includes Windermere Elementary, Bridgewater Middle School, and Windermere High School. For private school, you've got on-site access to Windermere Preparatory School (A+ rated, K-12, ranked #1 in Orlando).

I always recommend verifying school zoning directly through Orange County Public Schools Find My School using the exact property address. Assignments can change, and listing information isn't always current.

Location and Access

Waterstone sits on Winter Garden Vineland Road (SR 535) and Sandy Shores Drive in southwest Windermere. You're about 20 minutes from Orlando International Airport (MCO), roughly 15 minutes from Walt Disney World, and around 25 minutes from downtown Orlando. Restaurants, shopping, and entertainment along SR 535 and International Drive are just minutes away, and you've got easy access to FL-408 (East-West Expressway) and FL-429 (Western Beltway).

Interested in Waterstone?

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Who Is Waterstone Best For?

Waterstone Is Best For

Families with school-age children
Buyers wanting lakefront on the Butler Chain
Privacy-focused families
Windermere Prep families
Boating and watersport enthusiasts
Buyers seeking Mediterranean architecture
Move-in ready luxury (no custom build wait)
Buyers wanting lower HOA vs. comparable communities

May Not Be Ideal For

Buyers wanting new construction (built out 2019)
Investors seeking high turnover rental income
Buyers under $1.4M budget
Those wanting a community clubhouse or pool

Nearby Communities to Compare

If you're comparing options, I'd recommend also looking at Windermere, Isleworth, Keene's Pointe, and Lake Butler Homes. You might also consider Bridgewater, Gated Communities in Orlando, Luxury Homes in Orlando, and Million Dollar Homes in Orlando.

Waterstone at Windermere luxury community homes

Waterstone at Windermere is a sought after gated community that offers upscale homes in a quiet, private setting. The neighborhood is known for its attractive streetscapes, community amenities, and a location that puts residents within minutes of Windermere's best schools, dining, and recreation.

Luxury home in Waterstone Windermere community with premium finishes

Homes in Waterstone feature quality construction, spacious floor plans, and premium finishes that reflect the community's luxury positioning. Many properties include private pools, oversized lots, and three car garages. The gated entry and well maintained common areas add to the sense of an established, upscale neighborhood.

Micaela Navarra Realtor helping buyers find homes in Waterstone Windermere

Micaela knows the Waterstone market and helps buyers evaluate homes based on lot position, renovation quality, and how they compare with similar properties in nearby Windermere communities. Call 407.761.5501 for personalized guidance on Waterstone homes.

Work With Micaela Navarra

Micaela Navarra Orlando Realtor M2M Realty

Micaela Navarra is a licensed Orlando Realtor with M2M Realty, a boutique brokerage that goes the extra mile for every client. As a smaller, more concentrated firm, M2M Realty delivers the kind of personal attention and dedication that larger brokerages simply cannot match.

With over 30 years of calling Orlando home, Micaela knows every neighborhood, every school district, and every hidden gem across Central Florida. Whether you are buying your first home, selling a luxury estate, relocating from out of state, or investing in rental property, Micaela provides hands-on guidance from the first conversation through closing day and beyond.

Languages: English, Spanish, Italian, and Portuguese

Call or text Micaela directly: 407.761.5501

What Clients Say About Micaela

★★★★★

"We wanted a gated community in Windermere with great schools and lake access. Micaela showed us Waterstone and several other options, and helped us understand the differences in HOA, lot sizes, and lake rights. She made the decision easy."

The Henderson Family
Bought in Windermere
★★★★★

"Micaela knew every detail about the Butler Chain communities before we even asked. She walked us through the guard gate, the school entrance, the preserve trails. everything. That level of local knowledge is exactly what we needed."

David & Christine R.
Luxury Buyer
★★★★★

"We were relocating from the Northeast and had no idea where to start in Orlando. Micaela narrowed our search to three communities in Windermere and helped us close in under 45 days. She speaks four languages, which was a bonus for our family."

The Oliveira Family
Relocated to Central Florida

Frequently Asked Questions: Waterstone Homes for Sale

What is Waterstone in Windermere?+

Waterstone is a private, 24-hour guard-gated luxury community of approximately 120 homes set across 128 acres on the shores of Lake Butler in Windermere, FL 34786. The community features Mediterranean and Tuscan-inspired architecture, a brick paver arched bridge entry, live oak-lined streets, nature trails, a wetland preserve, and a private gated entrance to Windermere Preparatory School.

How much do homes cost in Waterstone Windermere?+

Waterstone homes for sale are currently priced between approximately $1,460,000 and $4,600,000. Over the past year, the average asking price has been $2,041,863 with an average selling price of $1,935,500, reflecting a 95% list-to-sell ratio and approximately $326 per square foot.

Who built the homes in Waterstone?+

Waterstone homes were built between 2010 and 2019 by four respected builders: Brerhill Homes, David Weekley Homes, Sillman Homes, and Toll Brothers. Homes range from approximately 2,700 to over 9,600 square feet with 4 to 7 bedrooms.

Does Waterstone have lakefront homes on the Butler Chain of Lakes?+

Yes. Waterstone sits on the shores of Lake Butler, which is part of the renowned Butler Chain of Lakes. 11 interconnected lakes spanning over 4,700 acres of navigable water. Select homes offer direct lakefront access and private docks with views of the chain.

What is the HOA fee for Waterstone Windermere?+

The Waterstone HOA fee is approximately $2,880 per year. This covers 24-hour manned guard gate security, common area maintenance, landscaping of the entrance and common areas, road maintenance, and community amenities including the park and nature trails.

What schools serve Waterstone in Windermere?+

Public schools serving Waterstone include Windermere Elementary, Bridgewater Middle School, and Windermere High School. The top private option is Windermere Preparatory School, an A+ rated K-12 school ranked number one among private schools in Orlando by Niche, which has a private gated entrance directly from Waterstone.

Does Waterstone have a private entrance to Windermere Prep?+

Yes. Waterstone has its own private gated entrance directly into Windermere Preparatory School, allowing residents to walk or drive their children to school without leaving the gated community. This is one of the most unique features of Waterstone and a major draw for families.

How large are the lots in Waterstone Windermere?+

Lot sizes in Waterstone vary, with many interior lots offering generous space and Lake Butler-area lakefront lots averaging approximately 1.3 acres. Some lots exceed one full acre, giving homeowners significant privacy and room for pools, outdoor living, and landscaping.

Is Waterstone a gated community?+

Yes. Waterstone is a fully gated community with a 24-hour manned guard gate. Entry is through a distinctive brick paver arched bridge that creates an impressive arrival experience. The community offers a high level of security and privacy for all residents.

What amenities does Waterstone offer?+

Waterstone amenities include a 24-hour manned guard gate, a signature brick paver arched bridge entry, live oak-lined streets, a community park, nature trails, a natural wetland preserve, and the private gated entrance to Windermere Preparatory School. Many homes also feature private screened pools and some lakefront homes include private docks.

Ready to Explore Waterstone?

Call Micaela for a free, no-obligation consultation about Waterstone real estate in Windermere.

Published June 13, 2026 by Micaela Navarra, Orlando Realtor with M2M Realty, a boutique brokerage delivering personal attention across Central Florida. Speaks English, Spanish, Italian, and Portuguese. Call 407.761.5501.

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