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.
Lot/land
$1,999,000
Markham Woods Rd, Lake Mary, FL 32746
--beds
0baths
5.68Acres
Unimproved Land
Built in ----
5.68 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 224 days |
- 186 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: January 29, 2026 at 01:22pm
Listing Provided by:
Brian Hyser 407-951-2472,
THE AGENCY FL 407-335-4119
Source: Stellar MLS,MLS#: O6333832
Originating MLS: Orlando Regional
Originating MLS: Orlando Regional
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 5.68 Acres
- Dimensions: 445 x 498
Details
- Parcel number: 022029300015B0000
- Zoning: A-1
- Special conditions: None
Utilities & green energy
- Sewer: None
- Water: None
- Utilities for property: Cable Available, Electrical Nearby, Sewer Nearby, Water Nearby
Community & HOA
Community
- Pet fee: $0 monthly
Location
- Region: Lake Mary
Financial & listing details
- Tax assessed value: $681,480
- Annual tax amount: $9,001
- Date on market: 8/8/2025
- Cumulative days on market: 225 days
- Ownership: Fee Simple
- Total actual rent: 0
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$2,651/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2025 | Price change | $1,999,000-4.8% |
Source:  Stellar MLS #O6333832 Report a problem | ||
| 8/8/2025 | Listed for sale | $2,100,000+180% |
Source: Stellar MLS #O6333832 Report a problem | ||
| 8/18/2023 | Sold | $750,000-16.7% |
Source: Stellar MLS #O6076747 Report a problem | ||
| 3/29/2023 | Pending sale | $900,000 |
Source: Stellar MLS #O6076747 Report a problem | ||
| 12/6/2022 | Listed for sale | $900,000+13.2% |
Source: Stellar MLS #O6076747 Report a problem | ||
| 10/1/2022 | Listing removed | -- |
Source: Stellar MLS #O5799141 Report a problem | ||
| 9/30/2021 | Price change | $795,000-0.6% |
Source: Stellar MLS #O5799141 Report a problem | ||
| 4/29/2021 | Listed for sale | $800,000 |
Source: Stellar MLS #O5799141 Report a problem | ||
| 1/19/2021 | Listing removed | -- |
Source: Stellar MLS Report a problem | ||
| 10/14/2020 | Listed for sale | $800,000+3100% |
Source: SPECTRUM REALTY PARTNERS, INC. #O5799141 Report a problem | ||
| 4/29/1998 | Sold | $25,000 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,002 +32.7% | $681,480 +73.3% |
| 2023 | $6,783 +38.8% | $393,250 +10% |
| 2022 | $4,889 +9% | $357,500 +10% |
| 2021 | $4,483 +2.3% | $325,000 +5.7% |
| 2020 | $4,382 +3.7% | $307,461 +10% |
| 2019 | $4,227 | $279,510 -14% |
| 2018 | $4,227 +3.4% | $325,000 +40.7% |
| 2017 | $4,086 +2.5% | $231,000 +10% |
| 2016 | $3,988 +25.3% | $210,000 |
| 2015 | $3,184 | $210,000 |
| 2014 | $3,184 0% | $210,000 |
| 2013 | $3,185 +102.3% | $210,000 +132.4% |
| 2002 | $1,574 | $90,348 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Neighborhood: 32746
Nearby schools
GreatSchools rating
- 10/10Heathrow Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10Markham Woods Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Seminole High SchoolGrades: PK,9-12Distance: 6.3 mi
Schools provided by the listing agent
- Elementary: Heathrow Elementary
- Middle: Markham Woods Middle
- High: Seminole High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 32746
- Florida
- Seminole County
- Lake Mary
- 32746
- Markham Woods Rd
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