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

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:O6363226
  • Added:103 day(s) ago
  • Updated:March 09, 2026 at 02:52 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
MLS LogoThe information being provided by Stellar Mls is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Stellar Mls. Better Homes and Gardens Real Estate Thomas Group is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Thomas Group, a broker participant of Stellar Mls. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Stellar Mls and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Stellar Mls. All rights reserved.

New listings near 417 Rain Lily Cove