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$1,949,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 4 Full Baths
  • 1 Partial Bath
  • 4,730 Sq. Ft.
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Perfectly positioned in the heart of Celebrations Main Village, Canna Lily on Water Street represents a rare opportunity to own one of only five estate homes on iconic Water Street, known for its picturesque canal running down the center of the street. Just across from the Celebration Golf Club and only a short stroll to Market Street, community events, and Lakeside Park, the location is exceptional. Upon entering, you are welcomed by a gracious foyer with a formal dining room to the right and a private office to the left. Straight ahead, the home opens into a dramatic two-story great room, filled with natural light and framed by classic columns with custom millwork, anchored by a gas fireplace-creating a striking yet inviting central gathering space. This stately Colonial residence offers an expansive and thoughtfully designed floor plan, blending timeless architecture with functional, everyday livability. Generous living areas unfold with a natural flow, ideal for both refined entertaining and comfortable daily life. The first-floor primary suite provides a private and well-appointed retreat with both comfort and convenience, featuring French doors that open directly to the pool. Upstairs, the second floor is thoughtfully designed with one en-suite bedroom, along with two additional bedrooms connected by a Jack and Jill bath. One of the bedrooms features a dedicated homework or study area, adding a layer of functionality for today's lifestyle. An additional room on this level offers flexibility as an office or playroom and can easily be converted into an additional bedroom with the addition of a closet. Beyond the main residence, a private pool creates a true backyard retreat-perfect for both quiet relaxation and entertaining. The garage apartment offers a fully independent mother-in-law suite above the three-car garage, ideal for extended family, guests, or flexible use. With only five estate homes on Water Street, the combination of location, layout, and rarity make Canna Lily on Water Street a truly compelling offering.

Full Property Details for 403 Water St

General

  • Price: $1,949,000
  • HOA FEE: $119/month
  • HOA FEE FREQ.: Quarterly
  • Taxes: $22,230 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: S5148942
  • Updated: 5/4/2026
  • Added to Site: 50 day(s) ago

Rental Information

  • Min. Lease: 1-2 Years

Interior

  • Number of Rooms: 11
  • Interior Features: Built-in Features, Ceiling Fan(s), Eating Space In Kitchen, High Ceilings, Primary Bedroom Main Floor, Solid Surface Counters, Walk-In Closet(s)
  • Fireplace: Yes
  • Fireplace(s): Gas
  • Appliances: Cooktop, Disposal, Microwave, Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Carpet, Ceramic Tile, Engineered Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: Laundry Room

Additional Information

  • Shared Amenities: Basketball Court, Clubhouse, Fitness Center, Park, Pickleball Court(s), Playground, Recreation Facilities, Tennis Court(s), Trail(s)
  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Gunite, In Ground
  • Spa Description: In Ground

Exterior

  • Exterior Features: Irrigation System, Outdoor Kitchen
  • Deck/Patio: Covered, Patio, Rear Porch
  • Porch/Patio/Deck: Covered, Patio, Rear Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Covered Spaces: 3
  • Parking Features: Alley Access, Garage Faces Rear

Location

  • Area: 34747 - Kissimmee/Celebration
  • County: Osceola
  • Development Name: 34747 - Kissimmee/Celebration
  • Subdivision: CELEBRATION VILLAGE UNIT 2
  • Driving Directions: Celebration Avenue to Water Street.
  • Direction Faces: West

School Information

  • Elementary School: Celebration K-8
  • Middle School: Celebration K-8
  • High School: Celebration High

Community

  • Community Name: 34747 - Kissimmee/Celebration
  • Community Features: Clubhouse, Deed Restrictions, Dog Park, Fitness Center, Park, Playground, Pool, Sidewalks
  • Optional Amenities: Basketball Court, Clubhouse, Fitness Center, Park, Pickleball Court(s), Playground, Recreation Facilities,
  • Association: Yes
  • Assoc. Name: Celebration Residential Owners Association
  • Pet Restrictions: See CROA Documents for Pet Restrictions

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected

Structural Information

  • Architectural Info: Colonial
  • Architectural Style: Colonial
  • Exterior Const.: Wood Frame
  • Roof: Shingle
  • Stories/Levels: Two
  • Square Feet: 4,730
  • Sq. Ft. Source: Public Records
  • Year Built: 1997

Lot Features

  • Property View: Water
  • Lot Size (Acres): 0.28
  • Lot Size (Sq. Ft.): 12,110
  • Lot Size: 12110
  • Street/Road Desc.: Asphalt

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Pond

Financial Considerations

  • Association Fee: $357
  • Assoc Fee Freq.: Quarterly
  • Assoc Fee Desc.: Required
  • CDD: Yes
  • Tax Amount: $22,230
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: CELEBRATION VILLAGE UNIT 2 PB 8 PG 185-212 LOT 233 08/25/28
  • Flood Zone Info: X
  • APN: 72528278300012330
  • Property ID: 72528278300012330
  • Block/Lot/Section: 1

Listed by Nectar Real Estate

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Listing agent

— 403 Water St —

  • Nectar Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 403 Water St

School District:Osceola County School District
NameGradesDistance
Celebration School
510 Campus St, Celebration, FL 34747
PK-50.3 mi
Celebration High School
1809 Celebration Blvd, Celebration, FL 34747
9-122.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 403 Water St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/04/2026
Listed
$1,949,000
0.54%
MLS
1/16/2026
Sold
$1,938,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 403 Water St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$22,230
5%
$1,464,000
3%
2024
$21,210
7%
$1,422,900
4%
2023
$19,892
21%
$1,372,400
29%
2021
$16,455
-11%
$1,063,200
-20%
2022
$18,523
13%
$1,327,900
32%
2021
$16,455
9%
$1,006,500
8%
2018
$15,060
—
$930,400
2%
2017
$15,132
-6%
$912,900
-5%
2016
$16,071
3%
$963,500
-1%
2019
$15,562
-2%
$975,200
8%
2015
$15,817
—
$905,200
4%
2014
$15,818
10%
$871,100
16%
2013
$14,393
—
$749,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Nectar Real Estate

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403 Water Street, Celebration, FL 34747 (MLS# S5148942) is a Single Family property with 5 bedrooms, 4 full bathrooms and 1 partial bathroom. 403 Water Street is currently listed for $1,949,000 and was received on May 04, 2026. Want to learn more about 403 Water Street? Do you have questions about finding other Single Family real estate for sale in Celebration? You can browse all Celebration real estate or contact a Coldwell Banker agent to request more information.

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