$625,000
506 Oakland Terrace
Lake Mary, FL 32746
Listing updated: June 26, 2026 at 12:32 PM ET
Listing courtesy of La Rosa Realty Cw Properties L · Ricardo Adames · MLS #V4948701 · Active · 407-910-2168Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
Flood zone
About this home
STEP INTO THIS BEAUTIFULLY RENOVATED, MOVE-IN READY HOME featuring 4 SPACIOUS BEDROOMS AND 2.5 BATHROOMS, thoughtfully updated to deliver MODERN STYLE AND EVERYDAY COMFORT. Enjoy peace of mind with a BRAND-NEW ROOF, complemented by ALL-NEW VINYL FLOORING THROUGHOUT, UPDATED KITCHEN CABINETRY, and SLEEK, MODERN BATHROOM VANITIES—creating a FRESH, CONTEMPORARY FEEL FROM THE MOMENT YOU WALK IN. Designed for true Florida living, step outside to your NEWLY RESURFACED SCREENED-IN POOL, allows for RELAXING, ENTERTAINING, AND ENJOYING YEAR-ROUND OUTDOOR LIVING. Situated on a LARGE LOT WITH AMPLE SPACE AND PRIVACY, this home has the ideal balance of OPEN OUTDOOR LIVING AND QUIET SECLUSION. Tucked away in a PRIVATE CUL-DE-SAC, you’ll enjoy a LOW-TRAFFIC, PEACEFUL SETTING that’s hard to find. Location is everything—this home is just minutes from LAKE MARY’S TOP-RATED SCHOOLS, SHOPPING, DINING, AND MAJOR HIGHWAYS, making daily living both CONVENIENT AND CONNECTED. DON’T MISS THIS OPPORTUNITY TO OWN A FULLY UPDATED HOME THAT COMBINES STYLE, VALUE, AND LOCATION—ALL IN ONE.
Local Insight
At $239/sqft for a 1988 pool home in Lake Mary's sought-after Lake Bingham Woods East, you're getting solid value in a no-HOA neighborhood with A-rated schools and zero flood risk—the kind of practical setup that appeals to the exec crowd working the International Parkway corridor. The real question is whether this 36-year-old home's condition justifies the price compared to newer construction in the area, since you're paying for location and amenities rather than modern systems. The private pool is a nice differentiator, but factor in potential HVAC and roof replacement costs on a home of this age before committing.
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 history64 days on market
- Status: ActiveApr 23, 2026
- Listed$649,000Apr 23, 2026
- Price reduced$625,000
Facts & features
- Property type
- Residential
- Sub type
- Single Family Residence
- Status
- Active
- Days on market
- 64
- Cumulative DOM
- 99
- Subdivision
- Lake Bingham Woods East
- County
- Seminole
- Year built
- 1988
- Living area
- 2,612 sq ft
- Price/sq ft
- $239
- Building area
- 2,840 sq ft (Public Records)
- Lot size
- 16,687 sq ft
- Lot category
- 1/4 to less than 1/2
- Flood zone
- X (12117C0160F)
- Garage
- 2 spaces
- Pool
- Private pool
- Annual taxes
- $6,244 (2024)
- Parcel #
- 22-20-30-506-0000-0020
- Zoning
- R-1AA
- MLS #
- V4948701
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Interior Details
- Bedrooms
- 4
- Full bathrooms
- 2
- Half bathrooms
- 1
- Flooring
- Ceramic Tile, Vinyl
- Appliances
- Dishwasher, Range, Refrigerator
- Interior features
- Solid Surface Counters
- Laundry
- Inside
- Stories / Levels
- One
- Direction faces
- South
- Fireplace
- Yes
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Garage spaces
- 2
- Attached garage
- Yes
HOA & Financial
- Total monthly fees
- $0/mo
- Total annual fees
- $0
- CDD
- No
- Homestead exemption
- Yes
- Min lease term
- 8-12 Months
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Ownership
- Fee Simple
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Lighting
- Construction materials
- Other, Stucco
- Roof
- Shingle
- Foundation
- Slab
- Pool
- Private pool
- Road surface
- Concrete
Utilities
- Sewer
- Septic Tank
- Water source
- Public
- Utilities
- Electricity Connected
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | |
| Primary Bedroom | First | |
| Kitchen | First |
Listing Details
- Listing date
- 2026-04-23
- On market date
- 2026-04-23
- Original list price
- $649,000
- Occupant type
- Vacant
- MLS area
- 32746 - Lake Mary / Heathrow
- Listing AOR
- Osceola
- Status changed
- 2026-04-23
- Tax legal description
- LOT 2 LAKE BINGHAM WOODS EAST PB 29 PGS 70 & 71
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
east on oakland terr, on right side
Property sale history
Public records506 OAKLAND TER, LAKE MARY 32746
- Sep 2025$427,400
- Sep 2025$380,000
2,612 sq ft · Built 1988 · 0.3831 acres
Sale data from Florida public records (Department of Revenue / county property appraiser). Deemed reliable but not guaranteed; may not reflect current market or MLS status. Not Stellar MLS data.
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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 26, 2026 at 12:32 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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