$1,750,000
Markham Woods Road
Lake Mary, FL 32746
Listing updated: June 5, 2026 at 8:58 PM ET
Property type
Lot size
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Local Insight
At $7 per square foot for nearly 5.7 acres in a highly desirable Seminole County location with A-rated schools and no flood risk, this is raw land priced as a serious development or hold opportunity rather than a small residential lot—but you'll want to verify what zoning allows and whether Markham Woods Road frontage and utilities access make this feasible for your intended use, since the per-acre cost becomes meaningful depending on what you're permitted to build. The proximity to the Lake Mary corporate corridor and Heathrow's affluent residential market suggests the land has longer-term appreciation potential, though holding raw acreage carries carrying costs and no income until development or resale.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history301 days on market
- Status: ActiveAug 8, 2025
- Listed$2,100,000Aug 8, 2025
- Price reduced$1,750,000
Facts & features
- Property type
- Land
- Status
- Active
- Days on market
- 301
- County
- Seminole
- Price/sq ft
- $7
- Lot size
- 247,363 sq ft
- Lot category
- 5 to less than 10
- Flood zone
- x
- Annual taxes
- $9,002 (2024)
- Parcel #
- 02-20-29-300-015B-0000
- Zoning
- A-1
- MLS #
- O6333832
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HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- Ownership
- Fee Simple
Exterior & Construction
- Road surface
- Asphalt
Utilities
- Sewer
- None
- Water source
- None
- Utilities
- Cable Available, Electrical Nearby, Sewer Nearby, Water Nearby
Schools
Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.
Listing Details
- Listing date
- 2025-08-08
- On market date
- 2025-08-08
- Original list price
- $2,100,000
- MLS area
- 32746 - Lake Mary / Heathrow
- Listing AOR
- Orlando Regional
- Status changed
- 2025-08-08
- Tax legal description
- SEC 02 TWP 20S RGE 29E S 1/2 OF S 3/4 OF NE 1/4 OF NW 1/4 (LESS E 915 FT) & N 25 FT OF E 915 FT OF S 1/2 OF S 3/4 OF NE 1/4 OF NW 1/4 (LESS RD)
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
From I-4 drive approx. 1 mile west on W Lake Mary Blvd toward International Pkwy & turn right onto Markham Wood Road, Travel 2 miles & the property is on the left. Opposite Heathrow Elementary School.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information submitted to the MLS GRID as of June 5, 2026 at 8:58 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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