A two-acre lot facing Windermere's Lake Butler was acquired for just over $2 million within the past month by a local vodka company's lead executive, who told GrowthSpotter he plans to tear down the site's 67-year-old home for future construction.
Martin T. Krytus acquired the property in the 700 block of W. 2nd Avenue in Windermere on July 30 for $2.05 million from Carl Manning Pynn, as property he inherited from his grandmother, according to Orange County records. Pynn was a newspaper editor at the Orlando Sentinel for 23 years, including stints as public editor and editor of the editorial pages, leaving in 2008.
Krytus is the Chief Executive Officer of Enlightened Grain Vodka (EG Vodka), a spirit founded locally in Oviedo that is now distilled in Portland, Ore. The product is described by retailers online as ultra-premium vodka rendered from 100 percent fresh and sustainably grown ingredients, using pot-distillation methods only in practice by a select group of distillers in the industry.
The 2.14-acre land parcel fronts Lake Butler, is less than a mile from Windermere's Town Hall on Main Street, and roughly two miles from Isleworth Country Club.
Krytus, who also owns a home in Windermere, said he has no immediate plans to build on the property but acquired the parcel for its lakefront view. The home there, built in 1948, will be demolished at some point in the future, he said.