BEDS4
BATHS1 full 1 partial
SQUARE FEET1,731
MLS#O6422925
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONLAKE BINGHAM WOODS EAST
Property Description
Investor Opportunity in Lake Bingham Woods East - Waterfront Acreage with Incredible PotentialAttention 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.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air, None
Heating: Central, Electric, None
Lot Size: 1.29 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $3,295
Year Built: 1955
Amenities
Primary Bedroom Main Floor
Private Yard
Feature Descriptions
Appliances: Range, Refrigerator
Directions: Head north on Country Club Rd, turn left onto Main Rd, then take the first left onto Oakland Terrace. Follow Oakland Terrace to the private cul-de-sac. The home is located at 505 Oakland Terrace
Exterior: Block, Concrete
Flood Zone Code: X
Flooring: Other
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash
Lot Dimensions: 1.29
Other Equipment: Private Yard
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Single Family Residence
Sewer: Public Sewer
Showing Instructions: ShowingTime
Special Sale Provisions: None
Utilities: Public
Water: Public
Water Access Y/N: No
Zoning: R-1AA
Local Schools
High School: Lake Mary High
Middle School: Greenwood Lakes Middle
Elementary School: Lake Mary Elementary
Listed By / Shown By
Listed By
Agency Name: COLDWELL BANKER REALTY
Agency Contact: 407-333-8088
Shown By
Agency Title: Florida Executive Realty
Agency Phone: 813-908-8500
Estimate Your Payment
Estimated Payment
$ 1,218.55 per month $834.59 Principal & Interest $274.58 Property Tax $109.38 Homeowner's Insurance
505 Oakland Terrace | MLS# O6422925
This single family home located at 505 Oakland Terrace , Lake Mary, FL 32746 is currently listed for sale with an asking price of $375,000. This property was built in 1955 and has 4 bedrooms and 1 full and 1 partial baths with 1731 sq. ft. Oakland Terrace is located in the LAKE BINGHAM WOODS EAST subdivision. Search LAKE BINGHAM WOODS EAST real estate on www.floridaexecutiverealty.com today.