Great Price Reduction on this Magnificent Home. A nice video can be watched https://youtu.be/ETyQZQU5-oE The property is located in the neighborhood of the highly-acclaimed Lake Highland Prep School and less than 1 mile from downtown Orlando. This is an ideal location in the cultural arts district, with many restaurants and amenities close by. The current--and original--homeowner, a builder by trade, designed and constructed this home for his family, where they have lived since 1998. Typical of builders' homes, this home includes custom items which exhibit excellent workmanship, including crown molding, a beautiful stained-glass window in the stairway, and a specially-designed fireplace. Another unique feature of the home is its large open basement, which expands 1,500 square feet--providing ample space for multiple usage options. It is big enough to set up a medium-sized office for several workers. It could also become a large playroom or a large media room. Another viable usage is as a mother-in-law suite. It could be used as different quarters to rent out or for an Airbnb. Short-term rentals would be fully permitted since you would be renting part of your own home. The basement has two accesses: from the inside and from the outside. Please see floor plan drawing pictures. This basement includes a large storage room which wine connoisseurs can transform into a wine cellar. Alternatively, it can be a file/storage area for the office. The basement is completed with a closet and a full bathroom. This basement is fully air-conditioned and has three windows to the outside. It is also equipped with a full kitchen (for guests, tenants, or employees). The main level of the home is charming and welcomes you with a stunning fireplace at the end of the entryway. Immediately to the left as you enter the house is a small room which has been used by the owners as a music room, with seating for close conversation, and for singing and playing instruments such as their grand piano. This can also serve as a large office. A door to the right of the house entrance opens to the two-car garage. This main floor also includes a formal dining room, living room, kitchen, breakfast nook, and half bathroom. Natural gas is available in the area and is used in this home to provide energy for the range, the main fireplace in the living room, and a second fireplace, which is in the master bedroom. It also provides gas to the tankless gas water heater and has additional feeds in the back of the home, which includes a beautiful screened-in porch for outdoor barbecues and gatherings. The upper floor is accessible through a stairway that is accentuated by a stunning stained-glass window. The upper floor boasts three bedrooms--each with its own private full bathroom and walk-in closet. The master bedroom includes an additional room that could be used as an office as well. The third bedroom faces Kenilworth Terrace and includes a lovely balcony to relax and enjoy the tranquility of this street. This home is partially powered by solar panels which are owned and included with the home (please see aerial photos). This outstanding property is only about one mile from the Orange County Courthouse, making it approximately five minutes by car, 10 minutes by bike, or a 20-min walk. Access to the Ivanhoe and Colonial Drive on-ramps of I-4 is just five minutes by car. A gem in itself, this home is nestled between downtown Orlando and Winter Park. Buyers to verify all measurements