403 WATER STREET, CELEBRATION, FL, 34747
Active90 days on marketListed May 4, 2026MLS #S5148942
About this home
403 WATER STREET
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.
Facts & features
The home at a glance
5
Bedrooms
4.5
Bathrooms
4,730
Sqft
0.28 ac
Lot size
3
Garage
1997
Year built
Two
Levels
$412
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$13,379 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$13,379/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−6.6%
$/sqft vs Celebration actives
$412 vs $346
Days on market
90 vs 48 typical
Where $412/sqft sits among the 76 Celebration actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Celebration
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Celebration. See the full Celebration guide →
CELEBRATION 34747 — neighborhood snapshot
Population
27,422
Median age
37.5
Median income
$83,141
Median home value
$455,600
Avg household
2.6
Households w/ children
2,599
For the school run
Osceola County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Celebration market
$618K → $686K
Celebration median sold, yr/yr
97.5%
Sale-to-list ratio (12 mo)
41 of 76
Celebration actives have cut their price
Median sold price, Celebration, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 387% above the CELEBRATION 34747 median. See the full Celebration market guide →
Paper trail
This home's history
Reality check
What actually sold near 403 WATER STREET
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jan ’26$1,938,500
403 WATER STREET · same community
5 bd · 4.5 ba · 4,730 sqft · $410/sqft · 6 DOM
Sold · Mar ’26$2,399,000
505 LONGMEADOW STREET · same community
5 bd · 4 ba · 5,232 sqft · $459/sqft · 5 DOM
Sold · Apr ’26$2,150,000
416 ARBOR CIRCLE · same community
6 bd · 5 ba · 5,266 sqft · $408/sqft · 97 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 403 WATER STREET — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 403 WATER STREET — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
403 WATER STREET FAQs
What would the monthly payment be for 403 WATER STREET?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $13,379/mo — principal and interest, the actual property-tax bill, the $119/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 403 WATER STREET?+
The association fee works out to $119 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 403 WATER STREET?+
The most recent tax bill on record (2025) was $22,230. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 403 WATER STREET?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Celebration?+
At $1,949,000, this home is listed about 241% above the Celebration median of $570,945. The market section on this page shows how the area is trending.
Which schools are assigned to 403 WATER STREET?+
Westside K-8 School (elementary), Celebration High School (high) — Osceola County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of NECTAR REAL ESTATE · Keith Renner. MLS #S5148942.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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