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502 TIMBERLANE COURT

Active With Contract
$219,000

BTC: 3.62582781

ETH: 137.33076648

-$19K (2026/04/07)
126 days
2 bds
2 ba
1,212 sqft

Overview

Under contract-accepting backup offers. Welcome to The Forest, a true hidden gem tucked away in the heart of Lake Mary. This light, bright, and beautifully maintained 2-bedroom, 2-bath home sits peacefully on a cul-de-sac and offers the rare advantage of land ownership, making it eligible for conventional, FHA, and VA financing. Built in the 1980s, the home features an open floor plan filled with natural light. The freshly painted exterior adds instant curb appeal, complemented by a long driveway and extended covered carport. Outdoors, you’ll find a large workshop/laundry shed, plus an additional freestanding storage shed in the backyard—perfect for hobbies, tools, or extra storage. Inside, the kitchen shines with brand-new stainless steel appliances and ceramic tile flooring, opening seamlessly to the main living area. The living room flows into a charming front Florida room wrapped in windows, offering peaceful views of the surrounding natural setting—an ideal spot for morning coffee or evening relaxation. Just steps away are the community’s scenic nature trails, reinforcing the tranquil, park-like feel. Monthly HOA fees are low and include cable, internet, and trash pickup, adding to the ease of living. What truly sets The Forest apart is the lifestyle. Residents enjoy two community pools and a beautiful clubhouse with an outstanding architectural design—often described as Frank Lloyd Wright–inspired. The community building offers an impressive array of amenities, including a large gathering room, library, billiard room, poker room, resident coin laundry, craft room, and community mailboxes. Outdoor recreation abounds with shuffleboard courts, tennis courts, and pickleball courts, while a welcoming social committee hosts monthly events with a full calendar of activities such as cards, pickleball, water volleyball, bingo, and more. One of the most special features of this community is how effortlessly neighbors become friends—you’ll feel welcomed from day one. All of this is paired with an outstanding location close to I-4 and within walking distance to major shopping and restaurants. Peaceful, social, and perfectly positioned—this is Florida 55+ living at its best.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1980
Lot:
0.15 Acres
Heating:
Central / Electric
Price/sqft:
$181
Cooling:
Central Air
HOA:
$233

Valuation

Our model vs. what's actually selling nearby.
Estimate
$317,000
$265K – $399K
Confidence Low
List vs. estimate
$98K below estimate
List $219,000 · -30.9%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$180
-24.6% vs. city median $239
Based on
14 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$581
2024
HOA
$232/mo
Cable TV, Internet, Trash
Furnished
Negotiable
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Primary Bedroom Main Floor

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Storage

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 08203050500000430

    • Zoning: R-M

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Manufactured Home

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Street Lights

    • Water Connected

  • Other financial information

    • HOA: $233

    • HOA Frequency: Monthly

    • Annual tax amount: $581

  • Source details

    • MLS ID: O6381320

    Other facts

    • Construction Materials: Metal Siding

    • Foundation Details: Crawlspace

    • Laundry Features: Other

    • Lot Features: Cul-De-Sac / City Lot / Level

    • Patio And Porch Features: Front Porch

    • Direction Faces: East

    • Living Area: 1212

    • Water Source: Public

    • Subdivision Name: THE FOREST PH TWO - SEC ONE

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: UNITED REAL ESTATE PREFERRED