Prime development opportunity on one of Lake Mary’s most prestigious roads—this 5-acre parcel with direct Markham Woods Road frontage offers the potential to create up to five luxury estate homes. Zoned A-1 with future land use designation of Planned Development (PD), the property is ideally positioned for a high-end residential community, surrounded by multimillion-dollar estates and across from Heathrow Elementary. With limited remaining land in this sought-after corridor, this is a rare chance for investors to deliver a boutique enclave in one of Central Florida’s most desirable markets, just minutes from I-4, top-rated schools, and major employers.
Lot/land
$1,999,000
Markham Woods Rd, Lake Mary, FL 32746
--beds
0baths
5.68Acres
Unimproved Land
Built in ----
5.68 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 288 days |
- 216 |
- 3 |
Zillow last checked:
Listing updated:
Listing Provided by:
Brian Hyser 407-951-2472,
THE AGENCY FL 407-335-4119
Source: Stellar MLS,MLS#: O6333832
Originating MLS: Orlando Regional
Originating MLS: Orlando Regional
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 5.68 Acres
- Dimensions: 445 x 498
Details
- Parcel number: 022029300015B0000
- Zoning: A-1
- Special conditions: None
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: Cable Available, Electrical Nearby, Sewer Nearby, Water Nearby
Community & HOA
Community
- Pet fee: $0 monthly
Location
- Region: Lake Mary
Financial & listing details
- Tax assessed value: $681,480
- Annual tax amount: $9,001
- Date on market: 8/8/2025
- Cumulative days on market: 187 days
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$2,651/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2025 | Price change | $1,999,000-4.8% |
Source:  Stellar MLS #O6333832 Report a problem | ||
| 8/8/2025 | Listed for sale | $2,100,000+180% |
Source: Stellar MLS #O6333832 Report a problem | ||
| 8/18/2023 | Sold | $750,000-16.7% |
Source: Stellar MLS #O6076747 Report a problem | ||
| 3/29/2023 | Pending sale | $900,000 |
Source: Stellar MLS #O6076747 Report a problem | ||
| 12/6/2022 | Listed for sale | $900,000+13.2% |
Source: Stellar MLS #O6076747 Report a problem | ||
| 10/1/2022 | Listing removed | -- |
Source: Stellar MLS #O5799141 Report a problem | ||
| 9/30/2021 | Price change | $795,000-0.6% |
Source: Stellar MLS #O5799141 Report a problem | ||
| 4/29/2021 | Listed for sale | $800,000 |
Source: Stellar MLS #O5799141 Report a problem | ||
| 1/19/2021 | Listing removed | -- |
Source: Stellar MLS Report a problem | ||
| 10/14/2020 | Listed for sale | $800,000+3100% |
Source: SPECTRUM REALTY PARTNERS, INC. #O5799141 Report a problem | ||
| 4/29/1998 | Sold | $25,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,322 +3.6% | $681,480 |
| 2024 | $9,002 +32.7% | $681,480 +73.3% |
| 2023 | $6,783 +38.8% | $393,250 +10% |
| 2022 | $4,889 +9% | $357,500 +10% |
| 2021 | $4,483 +2.3% | $325,000 +5.7% |
| 2020 | $4,382 +3.7% | $307,461 +10% |
| 2019 | $4,227 | $279,510 -14% |
| 2018 | $4,227 +3.4% | $325,000 +40.7% |
| 2017 | $4,086 +2.5% | $231,000 +10% |
| 2016 | $3,988 +25.3% | $210,000 |
| 2015 | $3,184 | $210,000 |
| 2014 | $3,184 0% | $210,000 |
| 2013 | $3,185 +102.3% | $210,000 +132.4% |
| 2002 | $1,574 | $90,348 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 32746
Nearby schools
GreatSchools rating
- 10/10Heathrow Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10Markham Woods Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Seminole High SchoolGrades: 9-12Distance: 6.3 mi
Schools provided by the listing agent
- Elementary: Heathrow Elementary
- Middle: Markham Woods Middle
- High: Seminole High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Seminole County
- Lake Mary
- 32746
- Markham Woods Rd
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Nearby neighborhoods
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