A vernacular Georgian four-square structure with Victorian features was built between 1883 and 1885 by Edward Masters: a lead carpenter for Henry Flagler's first Florida resort hotel, the Hotel Ponce de Leon. Mr. Masters built the home for his wife, Rosalie, and his family, putting the attention into the bones of the house. Mr. Masters chose the very best structural woods for building: cypress, cedar, and heart of pine.
The original home was built before the presence of electricity and did not have any bathrooms or a kitchen inside the home. The tall windows on the front of the house with its southern exposure captured the warmth of the sun during the winter months. In the summer, when the sun was higher in the sky and over the roof line, the oversized windows provided filtered light, helping to keep the home cooler.
The home stayed in the Master's family until the 1940s, when it was converted into an apartment building with four efficiency units. In 1984, the home was extensively restored to its original grandeur, and central heat and air were added, fulfilling a dream of creating what is now the Carriage Way Bed and Breakfast.