The townhomes in the Park Hill neighborhood of Winter Park continue to set sales records. Two more three-bedroom units just sold this month for over $3.18 million to a racehorse owner and local tech CEO.
“All of these units are breaking records,” said Drew Hill, owner of Hill Grey Seven, the Oviedo-based developer of the 10-unit townhome project. “There are just no townhomes in Orlando that have sold for anything close to this.”
Public records list the buyer as Nena Moss. Moss is the widow of thoroughbred owner Joseph Moss. She owned a horse named Frammento that ran in the 2015 Kentucky Derby and Belmont Stakes, the year American Pharaoh won the Triple Crown. Frammento finished eleventh in the Derby and fifth in the Belmont Stakes.
Michael D. Burger, CEO of Lake Mary-based Faro Technologies, and his wife, Juli, closed this week on their $3.185 million home in the community.
That leaves two units in the townhome project, which is within walking distance to Park Avenue and all its shops and restaurants. “It’s a special property, one of the few places I can say you can walk to Park Avenue,” Hill said.
These units are 4,300 square feet and cover three floors and has three bedrooms, three full baths, and two half baths. There is also an elevator, soundproof floors, an outdoor kitchen, rooftop terrace, two-car garage, and a gourmet kitchen complete with smart home technology and other high-end finishes.
Development of the area began in 2016 with the first homes selling a year later. “I saw a unique opportunity in a unique location for or wealthy buyers who want to downsize from 10,000 square foot homes to something that's still very large, but has all the standards that they're used to,” Hill said.
Slocum Platts Architects of Maitland is the project's architect and designed the townhomes to be classic and not trendy. A community association handles all exterior maintenance, perfect for this caliber of owner, Hill told GrowthSpotter.
“[These are for] people are looking to lock and leave,” Hill said. “They can leave for three months and come back and their house is well-maintained, the landscape is done, and it looks all taken care of, so it’s a unique wealthy buyer.”
GrowthSpotter editor Laura Kinsler contributed to this report. Have a tip about Central Florida development? Contact me at Newsroom@GrowthSpotter.com or (407) 420-6261. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.