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Marina Bay Estates Homes for Sale

11035 Schooner Way, Windermere image
11035 Schooner Way, Windermere $1,500,000

Nestled among the Butler Chain of Lakes in the charming Town of Windermere, this 4-bedroom, 3-bath pool home offers the perfect blend of comfort, space, and tranquility....

  • 4 Beds
  • 3 Baths
  • Marina Bay Estates SubDv.
  • 34786 Zip Code
Home › Windermere › Marina Bay Estates
📋 What's on This Page
  • About Marina Bay Estates Neighborhood
  • Location & Connections
  • Neighborhood Amenities & Lifestyle
  • How Marina Bay Estates Compares
  • HOA Information
  • Frequently Asked Questions
  • Available Homes

Marina Bay Estates Homes for Sale

Windermere, FL 34786 | Intimate 30-Home Lakefront Estate Community on Lake Down

Marina Bay Estates is an intimate, non-gated estate community of 30 custom homes set on 1- to 1.5+-acre lots along the western shore of Lake Down, an 886-acre Butler Chain ski lake. Developed primarily between 1966 and the late 1980s with a handful of major teardown-rebuilds since (including a 15,000+ square foot estate completed in 2022), the neighborhood combines mature oak canopy, generous lot sizes, and direct lake access in a corner of Windermere that rarely sees public listings. View Available Homes

✔ Information verified current as of May 2026

About Marina Bay Estates Neighborhood

Marina Bay Estates occupies a quiet, wooded peninsula on the western shore of Lake Down inside the 34786 ZIP code. The neighborhood sits just south of downtown Windermere and the Town of Windermere proper, accessed via Maguire Road. Its position places it inside one of the most established residential pockets in central Windermere — close to Main Street, the historic 1890 Schoolhouse, and Town Hall, but tucked away from the master-planned and gated communities that dominate the southern Windermere corridor.

Original development began in the mid-1960s, with most homes completed between 1966 and the late 1980s. The result is a streetscape of established custom homes — ranch-style estates, two-story traditional builds, and Mediterranean-influenced architecture — sitting on heavily landscaped, oak-canopied lots. A small number of original homes have been replaced with modern luxury estates, including a 15,000+ square foot home completed in 2022, signaling the neighborhood's continuing draw for buyers willing to invest at the high end.

Approximately 10 of the 30 homes sit directly on Lake Down with private docks. The remaining homes are interior parcels of comparable size, and all residents share access to a community boat ramp on Lake Down — a meaningful amenity in a neighborhood where boating defines the lifestyle. Lake Down connects through a canal under Maguire Road into Wauseon Bay, opening access to the broader Butler Chain of Lakes, the 13-lake, 5,000+ acre interconnected system designated as Outstanding Florida Waters.

What Marina Bay Estates does not offer is a gate, a clubhouse, or resort-style community amenities. The privacy comes from the lot sizes (1+ acre minimums), the mature canopy, and the simple fact that homes rarely change hands. For buyers comparing this against newer guard-gated luxury developments, the trade-off is straightforward: less infrastructure, more land, and an established address in the historic core of Windermere.

📊 Quick Facts
Property Style(s):Custom Single-Family Estate Homes
Home Sizes:Approximately 3,500 to 15,000+ sq ft
Bedrooms:4 to 7
Bathrooms:3 to 7+
Lot Sizes:1 to 1.5+ acres
Year Built:1966 – 2022 (most 1966–late 1980s)
HOA Fee:Contact us for current fee
CDD Fee:No
Total Homes:30
Lakefront Homes:Approximately 10 of 30
Gated:No
🏡 What Makes Marina Bay Estates Distinct
  • One- to 1.5+-acre estate lots — among the largest residential parcels in central Windermere, with mature oak canopy and established landscaping.
  • Direct Lake Down access via private docks for lakefront homes and a community boat ramp for all 30 residences.
  • Butler Chain navigation — Lake Down connects under Maguire Road into Wauseon Bay and the rest of the 13-lake chain.
  • No CDD fees — uncommon among newer luxury Windermere communities, which often layer $2,000–$5,000+ in annual CDD assessments on top of the HOA.
  • Established 1966 origin with selective teardown-rebuilds, including a 15,000+ sq ft estate completed in 2022.
  • 30-home scale — limited inventory means listings are infrequent; most turnover happens off-market or through known relationships.

↑ Back to Top | View Available Homes →

Marina Bay Estates Location & Connections

Marina Bay Estates is positioned along the western shore of Lake Down in central Windermere, accessed off Maguire Road just south of the Town of Windermere proper. The neighborhood sits roughly equidistant between downtown Windermere to the north and the major shopping and theme park corridors to the south, putting both within a short drive.

The location is squarely inside the historic Butler Chain peninsula — the geographic identity of Windermere — without the master-planned scale or guard-gating found in newer southern Windermere developments. Adjacent neighborhoods are small, established, and predominantly waterfront-oriented.

🏘️ Adjacent Neighborhoods & Areas
  • North: Continuing Lake Down shoreline and the Town of Windermere historic core (Main Street, Town Hall, the 1890 Schoolhouse)
  • South: Lake Down Estates — a small estate community on the Butler Chain
  • East: Lake Down — the 886-acre Butler Chain ski lake forms the eastern boundary, with the cross-lake Lake Down Cove, Lake Down Crest, Lake Down Reserve, and Lake Down Shores on the opposite shore
  • West: Maguire Road — the local arterial connecting central Windermere to Conroy-Windermere Road and the southern Windermere corridor; not a residential subdivision
  • Northeast: Windermere Downs — an established Butler Chain neighborhood walkable to downtown Windermere
🚗 Detailed Commute Times
  • Downtown Orlando: approximately 25 minutes (15 miles)
  • UCF Campus: approximately 35 minutes (24 miles)
  • Walt Disney World: approximately 20 minutes (12 miles)
  • Universal Orlando: approximately 22 minutes (14 miles)
  • SeaWorld Orlando: approximately 20 minutes (13 miles)
  • Cocoa Beach: approximately 75 minutes (60 miles)
  • Dr. Phillips / Restaurant Row: approximately 12 minutes (7 miles)
  • Winter Garden Village: approximately 10 minutes (5 miles)
  • Lake Nona Medical City: approximately 35 minutes (25 miles)
✈️ Airport Access
  • Orlando International Airport (MCO): approximately 30 minutes (22 miles)
  • Orlando Sanford International Airport (SFB): approximately 45 minutes (35 miles)
  • Orlando Executive Airport (ORL): approximately 25 minutes (16 miles)

↑ Back to Top | View Available Homes →

Marina Bay Estates Amenities & Lifestyle

Daily life in Marina Bay Estates centers on Lake Down and the broader Butler Chain. With a community boat ramp and roughly a third of homes sitting directly lakefront, water recreation — boating, water skiing, fishing, paddleboarding — is the lifestyle's anchor. The remainder of the lifestyle radiates outward from central Windermere: walkable proximity to downtown's farmers market and seasonal festivals, short drives to Restaurant Row and theme parks, and quick access to the 429 corridor for travel north or south.

🏊 Neighborhood Amenities

Amenities found within Marina Bay Estates itself:

  • Community boat ramp on Lake Down (shared by all 30 residences)
  • Private docks at lakefront homes
  • Mature oak canopy and established landscaping throughout
  • Quiet, low-traffic interior streets

Note: Marina Bay Estates does not have a community pool, clubhouse, gated entry, or fitness center. The neighborhood's appeal is structured around lot size, lake access, and location rather than HOA-funded amenities.

🛍️ Shopping & Services

Daily shopping needs are served by central Windermere retail along Maguire Road and Conroy-Windermere Road, with the Restaurant Row corridor and full-service shopping at Dr. Phillips a short drive south. Winter Garden Village is roughly 10 minutes northwest for outdoor lifestyle shopping.

For comprehensive shopping information: View our Windermere Shopping Guide →

🍽️ Restaurants

Dining ranges from casual Main Street spots in downtown Windermere to Restaurant Row in Dr. Phillips — one of Central Florida's densest concentrations of upscale and celebrity-chef restaurants — about 12 minutes south.

For comprehensive restaurant information: View our Windermere Restaurants Guide →

🎭 Arts & Culture

The 1890 Windermere Schoolhouse, the Windermere Town Hall, and the annual Windermere Fine Art Show on Town Square anchor local cultural life. The Dr. Phillips Center for the Performing Arts in Downtown Orlando is the closest major performing arts venue.

For comprehensive arts & culture information: View our Windermere Arts & Culture Guide →

🏃 Health & Wellness

The closest urgent care and multispecialty options are along the CR 535 / Summerport corridor a few miles south. Orlando Health Horizon West Hospital is the closest full-service hospital, with Dr. P. Phillips Hospital as the next nearest campus.

For comprehensive health & wellness information: View our Windermere Hospitals Guide →

🌳 Parks & Recreation

The defining recreational asset is Lake Down and the broader Butler Chain of Lakes, accessible directly from the community boat ramp. R.D. Keene Park on Lake Isleworth provides public boat ramp access for additional watercraft. Town of Windermere parks and trails along the Butler Chain peninsula are minutes north.

For comprehensive parks & recreation information: View our Windermere Parks & Recreation Guide →

⚽ Sports & Athletics

Boating, water skiing, wakeboarding, and bass fishing on the Butler Chain are the dominant sports. Tennis, golf, and youth athletics are available at private clubs and Town of Windermere facilities nearby.

For comprehensive sports & athletics information: View our Windermere Sports & Athletics Guide →

🎉 Fun Things to Do

The Windermere Farmers Market on Friday mornings, monthly Food Truck Night on Town Square, the Halloween Costume Parade, and Light Up Windermere define the local calendar. Walt Disney World, Universal Orlando, and SeaWorld Orlando are all within 25 minutes.

For comprehensive events & activities information: View our Windermere Events & Things To Do Guide →

🎓 Schools

Marina Bay Estates is most likely served by Orange County Public Schools:

  • Elementary: Windermere Elementary School
  • Middle: Gotha Middle School
  • High: Olympia High School

Important: OCPS school zones change periodically and Marina Bay Estates is not explicitly listed in the Windermere hub school-zone mapping. Always verify current zoning directly with Orange County Public Schools before making any decision based on school assignment.

The area also has access to prestigious private school options including Windermere Preparatory School.

For comprehensive school information: View our Windermere Schools Guide →

↑ Back to Top | View Available Homes →

How Marina Bay Estates Compares

The most useful comparison for Marina Bay Estates is against the two nearest categories of buyer alternative: newer guard-gated luxury communities in southern Windermere, and other established Butler Chain neighborhoods in the historic core. Marina Bay Estates competes on lot size, lake access, and location rather than infrastructure or new construction.

Feature Marina Bay Estates Newer Guard-Gated Luxury Other Butler Chain Established
Typical Lot Size 1 to 1.5+ acres 0.25 to 0.75 acre 0.5 to 1 acre
Year Built 1966 – 2022 2010 – Present 1970s – 2000s
CDD Fee No Common ($2K–$5K+ annually) Generally No
Gated No Yes (typically guard-gated) Mixed
Lake Down / Butler Chain Access Direct (community ramp + private docks) Varies (often interior to chain) Direct
Total Homes 30 Often 100–500+ Varies (typically 20–100)
Walkable to Downtown Windermere Short drive No Some are walkable

💡 Value Proposition: Marina Bay Estates trades amenity infrastructure (no clubhouse, no gate, no resort pool) for substantially larger lots and a no-CDD-fee structure. Buyers prioritizing privacy, mature landscaping, and direct Butler Chain access in a 30-home setting will value this profile; buyers seeking turnkey new construction inside a guard-gated community with full HOA amenity packages typically look elsewhere.

↑ Back to Top | View Available Homes →

Marina Bay Estates HOA & CDD Information

Marina Bay Estates operates under a homeowners association that maintains the community boat ramp on Lake Down, common-area landscaping along the entry road, and the neighborhood's recorded covenants and architectural standards. The neighborhood does not have a clubhouse, pool, fitness center, or guard gate, which keeps the HOA's operating scope and dues structure modest relative to amenity-heavy master-planned communities.

Marina Bay Estates does not have Community Development District (CDD) fees, distinguishing it from many newer luxury communities in the southern Windermere and Horizon West corridors where CDD assessments commonly add $2,000 to $5,000 or more per year on top of HOA dues.

💰 HOA Fees & Management Contact

HOA fees and management company information change periodically. Please contact us and we will provide the current HOA fee, payment schedule, and direct contact information for the management company. We can also check whether any current or upcoming special assessments are in effect.

📋 What HOA Fees Typically Cover
  • Maintenance of the community boat ramp on Lake Down
  • Common-area landscaping at the neighborhood entry
  • Enforcement of recorded covenants and architectural standards
  • Liability insurance for shared community facilities
  • Reserve funds for future capital improvements (boat ramp, signage, drainage)
  • Administrative and management expenses

↑ Back to Top | View Available Homes →

Frequently Asked Questions

What is the HOA fee for Marina Bay Estates?
Please contact us for the current HOA fee, payment schedule, and management company contact information. Because Marina Bay Estates has no clubhouse, pool, or guard gate, the HOA's operating scope is limited primarily to the community boat ramp, common-area landscaping, and covenant administration.
Is there a CDD fee in Marina Bay Estates?
No. Marina Bay Estates does not have Community Development District (CDD) fees, which gives it a meaningful annual cost advantage over many newer luxury communities in the broader Windermere and Horizon West area where CDD assessments commonly run $2,000 to $5,000+ per year.
What schools serve Marina Bay Estates?
Based on neighborhood location and adjacent zoning patterns, Marina Bay Estates is most likely served by Windermere Elementary, Gotha Middle, and Olympia High in Orange County Public Schools. The Windermere hub school-zone mapping does not explicitly list Marina Bay Estates, so always verify current zoning directly with OCPS before making decisions based on school assignment.
Is Marina Bay Estates a gated community?
No. Marina Bay Estates is a non-gated neighborhood with open access from Maguire Road. Privacy in the community comes from the 1+ acre lot sizes, the mature oak canopy, and the small 30-home scale rather than from a gated entrance or guardhouse.
How large are the lots in Marina Bay Estates?
Lots in Marina Bay Estates range from approximately 1 to 1.5+ acres (43,560 to 65,340+ square feet), substantially larger than the typical lots in newer luxury developments. The lot sizes accommodate large pools, extensive landscaping, accessory structures, and the kind of separation between homes that defines the neighborhood's estate character.
When were the homes in Marina Bay Estates built?
Most homes were built between 1966 and the late 1980s, giving the neighborhood an established character with mature landscaping. A small number of original homes have been replaced with modern luxury estates, including a 15,000+ square foot home completed in 2022 — buyers should expect a mix of original-era homes, updated original homes, and a handful of recent rebuilds.
How many homes have direct lakefront access?
Approximately 10 of the 30 homes sit directly on Lake Down with private docks. All 30 residences share access to a community boat ramp on Lake Down, so even non-lakefront homeowners can keep a boat or trailer for direct lake use.
How does Lake Down connect to the rest of the Butler Chain?
Lake Down connects through a canal that runs under Maguire Road into Wauseon Bay, which in turn opens into the broader Butler Chain of Lakes. The chain is a 13-lake interconnected system covering more than 5,000 acres, designated Outstanding Florida Waters, and known for water skiing, bass fishing, and recreational boating.
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Call/Text: 407.801.3286
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