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505 OAKLAND TERRACE

House Active With Contract
$375,000

BTC: 5.98086124

ETH: 235.15542206

2 days
4 bds
1 ba
1,731 sqft

Overview

Under contract-accepting backup offers. 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.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1955
Lot:
1.29 Acres
Heating:
Central / Electric / None
Price/sqft:
$217
Cooling:
Central Air / None
HOA:
No Data

Highlights

Annual tax
$3,295
2025
All facts and features
  • Flooring

    • Other

    Heating

    • Central

    • Electric

    • None

    Cooling

    • Central Air

    • None

    Appliances

    • Range

    • Refrigerator

    Other interior features

    • Primary Bedroom Main Floor

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 1

  • Property

    • Levels: One

    • Exterior Features: Private Yard

    Lot

    • Lot: 1.29 Acres

    Other Property Information

    • Parcel Number: 22203050600000050

    • Zoning: R-1AA

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $3,295

  • Source details

    • MLS ID: O6422925

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Direction Faces: Northeast

    • Living Area: 1731

    • Water Source: Public

    • Subdivision Name: LAKE BINGHAM WOODS EAST

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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: COLDWELL BANKER REALTY