Isleworth Sets a New Record: $15 Million for a Vacant Lot

Isleworth Sets a New Record: $15 Million for a Vacant Lot

November 8, 2024

A stunning milestone has been reached in Central Florida's luxury real estate market. A six-acre vacant lot in the prestigious Isleworth Golf & Country Club has sold for a record-breaking $15 million in an off-market cash deal. This sale not only underscores the allure of Isleworth but also highlights the growing demand for premium, buildable land in ultra-luxury markets.

The lot, which boasts 1,000 feet of shoreline on Lake Bessie and sits between the seventh and eighth holes of Isleworth’s championship golf course, offers unparalleled exclusivity. Accessible only via a private road, Champions Point, the property promises an extraordinary level of privacy and prestige.

Interestingly, this record-setting transaction follows the demolition of the previous structure—a 17,000-square-foot Georgian-style mansion built in 1990 by Isleworth's original developer, Joe Lewis. The mansion, which exuded English manor charm with its stately columns and marble floors, was razed after being purchased in 2021 for $11 million by billionaire sports drink entrepreneur Mike Repole. While Repole initially planned to build a new home on the site, he ultimately chose another residence within Isleworth, leaving the lot vacant and ripe for redevelopment.

The sale reflects a trend seen across other luxury lakefront markets, where buyers are increasingly opting to tear down older homes to create modern estates tailored to their preferences. With ultra-premium lots like this becoming increasingly scarce, the value of land in high-demand locations like Isleworth continues to soar.

As luxury real estate continues to evolve, Isleworth remains at the forefront, offering a lifestyle defined by privacy, prestige, and unparalleled access to one of the nation’s top golf courses.

 

ISLEWORTH

Spanning 600 acres among Central Florida's Butler Chain of Lakes, Isleworth is recognized as one of the most prestigious private golf club communities in the world. An 89,000 square foot clubhouse with multiple dining experiences, an infinity edge resort style pool, a fitness center, spa, tennis center, an 18-hole championship golf course designed by Arnold Palmer, and exceptional service all around are part of what makes Isleworth one of the most coveted addresses in all of Central Florida.

EXPLORE ISLEWORTH

Photos and information provided by StellarMLS (MLS #O6248104)

Brokered by Isleworth Realty

 

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