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Overview

5 bd5 ba2,889 sqft2 car garageSingle Family
TypeSingle Family
HOANone listed
Built2026
Lot8,947 sqft
Living area2,889 sqft
Price / sqft$710
Garage2 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

New construction · 2026

Different rules apply when you buy new

Build snapshot

Build year
2026
Builder
Ask the team — not on MLS
Community
SYLVAN HEIGHTS
Type
Single Family Residence

True monthly carry

HOA
None / TBD
CDD bond
No CDD disclosed
Builder incentives
Ask — change weekly

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Verified incentives

We verify the current builder incentives every time we walk a community. Rate buy-downs, design-center credits, closing costs — all itemized.

About this home

Eat-in KitchenHigh CeilingsOpen FloorplanPrimary Bedroom Main FloorSplit BedroomStone CountersVaulted Ceiling(s)Walk-in Closet(s)

240 N Phelps Ave is a 2026-built home in Sylvan Heights, Winter Park. Inside you'll find 5 bedrooms, 5 bathrooms, and 2,889 square feet of living space. Listed at $2,050,000 (about $710/sqft), 123 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

A striking expression of modern luxury, this brand-new residence offers nearly 3,000 square feet of thoughtfully designed living space in one of Winter Park's most desirable locations. From the moment you step inside, a dramatic two-story foyer and soaring ceilings set the tone for a home that seamlessly blends sophisticated design with everyday comfort. The open-concept living areas are filled with natural light and anchored by a stunning feature wall with a sleek fireplace, creating an inviting space for both intimate gatherings and large-scale entertaining. At the heart of the home, the kitchen showcases a statement island, European-style cabinetry, premium finishes, and quality appliances, while a custom wine display tucked beneath the staircase adds a distinctive architectural touch. Designed with flexibility in mind, the first floor features a private guest suite with en-suite bath, a dedicated home office, and convenient laundry room. Expansive sliding doors open to a fully equipped outdoor kitchen, creating a seamless indoor-outdoor lifestyle perfectly suited to Florida living. Upstairs, the primary suite serves as a private retreat, complete with a custom walk-in closet and spa-inspired bath featuring a freestanding soaking tub, oversized walk-in shower, and elegant finishes throughout. Three additional bedrooms provide exceptional accommodations, including a Jack-and-Jill layout and an additional en-suite bedroom. Ideally positioned just minutes from Park Avenue, residents enjoy effortless access to Winter Park's renowned dining, boutique shopping, cultural attractions, parks, and top-rated schools. Combining exceptional craftsmanship, modern design, and an unbeatable location, this is a rare opportunity to own a brand-new luxury home in the heart of Winter Park.

The essentials

Built
2026
Price / sqft
$710
On market
123 days
Annual tax
$6,605
Flood zone
X · Low risk
Lot
8,947 sqft
Type
Single Family Residence

At a glance

Single family
Built 2026
Private pool
In Ground
2 car garage
8,947 sqft lot
Lot size
2,889 sqft
Living area

Payment

Est. monthly payment
$12,267/mo
Down payment (20%)
$410,000
Property taxes
$550/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2026
Lot
8,947 sqft
Cooling
Central Air
Heating
Central, Electric
Parking
-
Pool
In Ground
Days on Market
123
Eat-in Kitchen
High Ceilings
Open Floorplan
Primary Bedroom Main Floor
Split Bedroom
Stone Counters
Vaulted Ceiling(s)
Walk-in Closet(s)
Outdoor Shower
Sidewalk
Street Lights
Convection Oven
Cooktop
Dishwasher
Range
Refrigerator
Elementary
Brookshire Elem
Middle
Glenridge Middle
High
Winter Park High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X
Annual Tax (2025)
$6,605
Parcel #
05-22-30-8504-04-080

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Sylvan Heights
County
Orange
MLS Area
32789 - Winter Park
Lot Size
8,947 sqft

Price history

Date
Event
Price
8/25/2026
Price change
Source: Stellar MLS #O6415360
$2,050,000-4.7%
$710/sqft
-
Price change
Source: Stellar MLS #O6415360
$2,150,000-4.4%
$744/sqft
6/11/2026
Listed for sale
Source: Stellar MLS #O6415360
$2,250,000
$779/sqft

Neighborhood

240 N Phelps Ave
Winter Park, FL, 32789 · 32789 - Winter Park

Market insights

Offer Insights

Choose an offer strength

List price: $2,050,000
$1.99M – $2.05M
97.2% – 100% of listTops out right at the list price
80% of listList price
96 of the last 191 home closings in 32789 landed at this number or higher (50%). The median one sat 21 days before it went under contract, and this one is on day 123 after a $200,000 cut.

Sample: 191 closed home sales in 32789 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$12,267/mo
Principal & interest$10,692
Property taxes$550
Insurance$1,025
Down payment20% · $410,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$2,050,000

$710 per sq ft

Beds and baths

5 beds, 5 baths

Size

2,889 sq ft

Time on market

123 days

Year built

2026

Monthly payment

About $12,267/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,605 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byKELLER WILLIAMS WINTER PARKListing agent: Nick McKeeListing data from Stellar MLS, MLS# O6415360.

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