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1526 CHERRY LAKE WAY

House Active With Contract
$748,500

BTC: 9.49752690

ETH: 305.63495304

14 days
Waterfront
5 bds
2 ba
3,021 sqft

Overview

Virtually Staged. Welcome to 1526 Cherry Lake Way, a waterfront pool home in Cherry Ridge at Heathrow, one of Lake Mary’s most established guard-gated communities. This 5-bedroom, 2.5-bath residence presents a rare opportunity to own in a premier Lake Mary location with water views, a screened pool and lanai, and a refreshed interior ready for its next chapter. The home opens with soaring ceilings, large arched windows, and a bright interior palette that gives the main living areas a clean, elevated feel. The floor plan offers generous living and dining spaces, all bedrooms on the main level, and an upstairs loft/flex room that works well as a media room, office, playroom, or secondary lounge. The primary suite is privately positioned and offers direct access to the main living areas and pool side of the home. The kitchen features solid surface countertops, stainless appliances, light cabinetry, a pantry, and an eat-in area overlooking the lanai. Multiple gathering spaces create flexibility for entertaining, working from home, or creating defined formal and casual living areas. Outdoors, the screened pool and lanai are the centerpiece of the property. The pool deck has been newly painted, the covered lanai offers space for shaded seating, and the waterfront rear setting adds a peaceful backdrop for everyday living and entertaining. The exterior will be fully repainted prior to closing, further enhancing the property’s presentation. Cherry Ridge is part of the Heathrow master-planned community, known for its guard-gated entrance, mature landscaping, sidewalks, parks, playground areas, and proximity to Heathrow Country Club, Seminole County trails, shopping, dining, medical offices, business centers, I-4, SR 417, and the best of Lake Mary and Sanford. This is a strong opportunity to purchase a waterfront pool home in one of Central Florida’s most recognized residential communities.

Location

Details

Type:
Residential
Parking:
Garage Door Opener
Year Built:
1998
Lot:
0.29 Acres
Heating:
Central
Price/sqft:
$248
Cooling:
Central Air
HOA:
$259

Valuation

Our model vs. what's actually selling nearby.
Estimate
$639,500
$419K – $998K
Confidence Low
List vs. estimate
$109K above estimate
List $748,500 · +17.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$247
-6.9% vs. city median $266
Based on
14 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,434
2026
HOA
$259/qtr
24-Hour Guard, Common Area Taxes
Pool
Gunite
Waterfront
Pond
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    • Laminate

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Cathedral Ceiling(s)

    • Ceiling Fan(s)

    • High Ceilings

    • Living Room/Dining Room Combo

    • Primary Bedroom Main Floor

    • Split Bedroom

    • Vaulted Ceiling(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 1

    • Full bathrooms: 2

  • Parking

    • Garage Door Opener

    Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Irrigation System / Sliding Doors / Sprinkler Metered

    Lot

    • Lot: 0.29 Acres

    Other Property Information

    • Parcel Number: 0220295UY00000450

    • Zoning: PUD

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

    • Electricity Connected

    • Fire Hydrant

    • Public

    Green energy

    • Thermostat

    • Water Heater

  • Other financial information

    • HOA: $259

    • HOA Frequency: Quarterly

    • Annual tax amount: $8,434

  • Source details

    • MLS ID: V4950393

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Lot Features: City Lot / Sidewalk

    • Patio And Porch Features: Covered / Deck / Enclosed / Patio / Porch / Screened

    • Pool Features: Gunite / In Ground

    • Window Features: Blinds / Rods / Window Treatments

    • Direction Faces: South

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3021

    • Water Source: Public

    • Subdivision Name: CHERRY RIDGE

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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: GLORY INTL. REAL ESTATE CO