A luxury residential compound and ski-lake homes are in the works in Winter Garden.
Engineering firm Poulos & Bennett LLC recently submitted new plans for four high-end homes around a ski lake in Orange County’s Horizon West community. The development will rise within the Isles of Lake Hancock, a luxury home neighborhood.
Houses, horses and more
The plans call for the development of 20 acres into four lots. The homes would rise on the shores of a private ski lake.
The largest lot is owned by the trust of Shayna Rosen, the daughter of Rosen Hotels & Resorts founder and President Harris Rosen. A single-family home, a separate accessory dwelling unit and a horse stable are planned for the lot, according to the plans. Shayna Rosen could not be reached for comment.
A developer is not listed in the plans. In addition to Poulos & Bennett, the project team includes Winter Garden-based Allen & Co. Inc. as surveyor and Altamonte Spring-based Yovaish Engineering Services LLC as geotechnical engineer.
'Diversity' in residential
These are not the only plans in the works for home development on a ski lake. Orlando-based Property Investment Brokers this summer proposed a 12-home ski lake community in Seminole County.
Ski lakes are a good example of ways developers can offer homebuyers more creative amenities, Brad Parker, a land expert at Longwood-based Southern Realty Enterprises, told Orlando Business Journal. Parker is not involved in the development.
“It’s a great fit to have a little diversity in terms of communities,” Parker said.
Trends in the housing market are important because the sector often is considered a reflection of the overall health of the local economy. Every home sale in the state has an estimated local economic impact of $77,858, according to a 2018 study by the National Association of Realtors.
Across Orlando, home sales rebounded in October after a slight slowdown in September. There were 3,634 homes sold in the region in October, up 4% from September and up 25% from the 2,906 homes sold in October 2019, according to the most recent data from the Orlando Regional Realtor Association. Prices remained high, with the median home price of $269,950 up 11.6% compared to a year ago.