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Theme park fabrication company exec buys Winter Park home near Park Avenue

Theme park fabrication company exec buys Winter Park home near Park Avenue
Built in 1993, the 6,527-square-foot along Trismen Terrace features five bedrooms, four-and-a-half baths and four fireplaces. (Fannie Hillman & Associates)

William P. Nassal, a partner at the eponymous theme park fabrication firm, Companies of Nassal, just paid $1.4 million for a home near Winter Park's Lake Osceola.

Built in 1993, the 6,527-square-foot house along Trismen Terrace features five bedrooms, four-and-a-half baths and four fireplaces — one of which lies within the downstairs master bedroom suite that also struts its own Jacuzzi tub and separate shower stall.

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Other features include limestone floors, a home office, gourmet kitchen and resort-style pool.

The deal breaks down to a little less than $215 per square foot. According to a deed recorded in Orange County Friday, the seller is Beverly Ellars, who is listed as a trustee of the Beverly B. Kennedy Trust dated in 2001.

Kevin McClanahan of Fannie Hillman & Associates had the listing. The two-story home was first listed in February 2018, when it was asking for as much as $1.95 million — meaning the $1.4 million transaction closed at a nearly 30 percent below its original ask. The offer followed a $400,000 price reduction, according to online marketing material. Kelly Price of Kelly Price & Company brought the buyer.

Founded in 1984, the Companies of Nassal is a themed environment fabrication company that helps create theme parks, zoos, aquariums, museums and casinos. Some of its notable clients and include Universal, Disney, Georgia Aquarium, Columbus Zoo, and the Tampa Bay Buccaneers.

Nassal is one of four partners of Companies of Nassal. He's behind projects such as The Wizarding World of Harry Potter in Universal, LEGOLAND in Germany and Ferrari World Abu Dhabi, according to the company's website.

In October, the firm rebranded so it can have dual locations in both Orlando and Los Angeles under three flags: Nassal, Lexington and nFusion (formerly Nassal Attractions Construction Management), its program management brand.

In 2016, a nearby lakefront home sold for $2.3 million. The chairman of Florida operations for global insurance broker Hub International and his wife, a real estate agent with Fannie Hillman & Associates, were the buyers.

Earlier this month, the CEO and president of the custom label manufacturing company Consolidated Label Co. bought a fully furnished 10,613-square-foot lakefront house at 866 Via Lugano for $7.25 million, marking the highest price paid for a home in Winter Park this year.

Have a tip about Central Florida development? Contact me at arabines@GrowthSpotter.com or (407) 420-5427, or tweet me at @amanda_rabines. Follow GrowthSpotter on FacebookTwitter and LinkedIn.

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