505 Oakland Terrace, Lake Mary, FL 32746
Local realty services provided by:Better Homes and Gardens Real Estate Synergy
Listed by: tara mruk
Office: coldwell banker realty
MLS#:O6422925
Source:MFRMLS
Price summary
- Price:$375,000
- Price per sq. ft.:$185
About this home
Investor Opportunity in Lake Bingham Woods East – Waterfront Acreage with Incredible Potential
Attention investors, builders, and visionaries—this is your chance to transform a rare waterfront property in one of Lake Mary's most desirable locations. Situated on 1.29 acres in the sought-after Lake Bingham Woods East community, this property offers endless possibilities to renovate, reimagine, or create something truly special.
The standout feature is the exceptional waterfront setting, offering peaceful views and the kind of privacy that's increasingly hard to find. Tucked away in a private cul-de-sac, you'll enjoy a low-traffic, tranquil setting that feels worlds away while remaining close to everything.
Location is everything, and this property delivers. Just minutes from Lake Mary's top-rated schools, premier shopping, dining, and major highways, it offers the perfect combination of convenience, accessibility, and long-term investment potential.
Opportunities like this—waterfront, acreage, privacy, and a premier Lake Mary location—are few and far between. Whether you're looking for your next renovation project, a custom home site, or an investment with tremendous upside, this property is ready for its next chapter....
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Home facts
- Year built:1955
- Listing ID #:O6422925
- Added:1 day(s) ago
- Updated:July 09, 2026 at 12:30 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Kitchen Description:Range, Refrigerator
- Bedroom Description:Primary Bedroom Main Floor
- Living area:1,731 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1955
- Building area:1,731 sq. ft.
- Lot area:1.29 Acres
- Construction Materials:Block, Concrete
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Lake Mary High
- Middle school:Greenwood Lakes Middle
- Elementary school:Lake Mary Elementary
Utilities
- Water:Public
- Sewer:Public, Public Sewer
Finances and disclosures
- Price:$375,000
- Price per sq. ft.:$185
- Tax amount:$3,295 (2025)
Features and amenities
- Appliances:Range, Refrigerator
- Laundry features:Inside
- Amenities:Primary Bedroom Main Floor
- Pool features:Public Pool
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