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
- 176 days |
- 192 |
- 2 |
Zillow last checked: 8 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

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
HOA
- 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: 177 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: | ||
| 8/8/2025 | Listed for sale | $2,100,000+180% |
Source: | ||
| 8/18/2023 | Sold | $750,000-16.7% |
Source: | ||
| 3/29/2023 | Pending sale | $900,000 |
Source: | ||
| 12/6/2022 | Listed for sale | $900,000+13.2% |
Source: | ||
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% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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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.
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