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 fireplacecreating 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 todays 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 retreatperfect 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.