505 Oakland Terrace, Lake Mary, FL 32746
- $375,000
- 4
- BD
- 2
- BA
- 1,731
- SqFt
- Sold Price
- $375,000
- List Price
- $375,000
- Status
- Sold
- Days on Market
- 2
- Closing Date
- Jul 21, 2026
- MLS#
- O6422925
- Property Style
- Single Family
- Year Built
- 1955
- Bedrooms
- 4
- Bathrooms
- 2
- Baths Half
- 1
- Living Area
- 1,731
- Lot Size
- 56,232
- Acres
- 1.29
- Total Acreage
- 1 to less than 2
- Legal Subdivision Name
- Lake Bingham Woods East
- MLS Area Major
- Lake Mary / Heathrow
Property Description
Investor Opportunity in Lake Bingham Woods East – Waterfront Acreage with Incredible Potential Attention investors, builders, and visionaries—this is your chance to transform a rare waterfront property in one of Lake Mary's most desirable locations. Situated on 1.29 acres in the sought-after Lake Bingham Woods East community, this property offers endless possibilities to renovate, reimagine, or create something truly special. The standout feature is the exceptional waterfront setting, offering peaceful views and the kind of privacy that's increasingly hard to find. Tucked away in a private cul-de-sac, you'll enjoy a low-traffic, tranquil setting that feels worlds away while remaining close to everything. Location is everything, and this property delivers. Just minutes from Lake Mary's top-rated schools, premier shopping, dining, and major highways, it offers the perfect combination of convenience, accessibility, and long-term investment potential. Opportunities like this—waterfront, acreage, privacy, and a premier Lake Mary location—are few and far between. Whether you're looking for your next renovation project, a custom home site, or an investment with tremendous upside, this property is ready for its next chapter.
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Additional Information
- Taxes
- $3295
- Minimum Lease
- No Minimum
- Community Features
- No Deed Restriction
- Property Description
- One Story
- Zoning
- R-1AA
- Interior Layout
- Primary Bedroom Main Floor
- Interior Features
- Primary Bedroom Main Floor
- Floor
- Other
- Appliances
- Range, Refrigerator
- Utilities
- Public
- Heating
- Central, Electric, None
- Air Conditioning
- Central Air, None
- Exterior Construction
- Block, Concrete
- Exterior Features
- Private Yard
- Roof
- Shingle
- Foundation
- Slab
- Pool
- No Pool
- Elementary School
- Lake Mary Elementary
- Middle School
- Greenwood Lakes Middle
- High School
- Lake Mary High
- Flood Zone Code
- X
- Parcel ID
- 22-20-30-506-0000-0050
- Legal Description
- LOT 5 LAKE BINGHAM WOODS EAST PB 29 PGS 70 & 71
Listing courtesy of COLDWELL BANKER REALTY. 407-333-8088
Selling Office: ELIZUNDIA LUXURY REALTY LLC.Mortgage Calculator
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