Swimming pools and wine cellars are staples of Orlando luxury homes, but some houses go a step further.
Central Florida properties on the market or sold this year featured distinct facets such as a full-size basketball court, an indoor rock waterfall and a two-story wine room. Luxurious living standards are popular among high-end buyers right now.
For example, the pandemic makes the immersive interior design projects of Windermere-based Dream Vision Interiors all the more attractive for homeowners, co-founder, Vice President and Senior Designer Jim Duffy previously told Orlando Business Journal. The company’s portfolio includes a 4,500-square-foot town street built in a basement, complete with rooms turned into a soda shop, an arcade and more, Duffy said.
“If you had an entertainment complex in your own house, you’d welcome a shelter-in-place."
The desire for dwellings with more space and better amenities is one reason the local luxury real estate market is hot, as high-end home sales have been at their peak this year during the fall, according to the Orlando Regional Realtor Association. A total of 59 homes sold for $1 million or more in November. That was down from 62 in October and 65 in September, but represented the best three months for luxury home sales so far this year.
There were 3,251 Central Florida homes sold in November, up 20.4% from 2,701 sold in November 2019, the Orlando Realtor association reported. Prices continued to soar, with the median home price of $270,000, up 14.6% compared to a year ago.