417 Rain Lily Cove, Casselberry, FL 32707

Casselberry
Local realty services provided by:Better Homes and Gardens Real Estate Thomas Group
417 Rain Lily Cove,Casselberry, FL 32707
$1,450,000
Virtual Tour
  • 2.17 Acres
  • Lots / Land
  • Active
Listed by: john sadri
Office: john sadri & company
MLS#:O6363226
Source:MFRMLS

Price summary

  • Price:$1,450,000

About this home

Rare Lakefront Redevelopment Site | Potential for ±50 units | Minutes from Winter Park & Maitland! A rare and exceptional opportunity to acquire over 2 acres of prime lakefront land, with the potential to annex an additional ±4.6 acres from the City—opening the door to a truly expansive and visionary development. Currently operating as an income-producing asset, the property consists of 7 rental units, generating attractive income for the owner. Leases are flexible, allowing for income during the entitlement and planning phases.The property is zoned Planned Residential District (PRD) with a future land use designation of Medium Density Residential (MDR), supporting a variety of residential concepts. Early planning shows potential for developing ±50 TOWNHOMES OR ASSISTED LIVING UNITS (subject to approvals). The site sits right on the corner where Seminola Blvd and Button Road intersect. Situated on Lake Kathryn, a breathtaking 74-acre, spring-fed, ski lake, the site offers a serene...

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Home facts

  • Listing ID #:O6363226
  • Added:149 day(s) ago
  • Updated:April 24, 2026 at 12:28 PM

Structure and exterior

  • Lot area:2.17 Acres
  • Lot Features:Buildable, Level, Oversized
  • Levels:1 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,450,000
  • Tax amount:$14,111 (2024)

Features and amenities

  • Amenities:Electricity Available
  • Pool features:Public Pool
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