116 E GREENTREE LANE, LAKE MARY, FL, 32746
Active1150 days on marketListed Jun 1, 2023MLS #O6115397
About this home
116 E GREENTREE LANE
BRING YOUR BUILDER! Approx. 5 ACRE LAKEFRONT BUILDABLE LOT IN THE MARKHAM HEATHROW AREA. This Beautiful One Of A Kind 5 Acre Lakefront Property Overlooks Lake Marietta And Heathrow, There Is Approx. 749 Feet Of Waterfront Shoreline With Close To 20 Acres Of Preserved Property Surrounding This Lovely Location. Hanover Woods Is A Tranquil Community Right Off Of Markham Woods Road Featuring Luxury Custom Homes On Large Acreage Parcels. This Is Your Chance To Build An Impressive Lakefront Estate Home In A Highly Desirable Area, With Views Of The Lake On Almost Every Angle. Orlando’s Heathrow - Lake Mary Area Is One Of The Location For Home Buyers Seeking Privacy And Luxury. This Neighborhood Is Surrounded By Natural Beauty And Has Convenient Access To Top-Ranked Seminole County Schools, Lake Mary Shops And Services. Enjoy Hiking, Cycling And Jogging The Seminole Wekiva Nature Trail, A 14-Mile Recreation Trail, That Is Part Of The Florida National Scenic Route And Wekiva Preserve, With 45,000 Acres Of Natural Preserve And An Abundance Of Wildlife. All This, Plus An Easy Commute To Downtown Orlando And To The Local Attractions Like Disney And Universal Studios. Local Beaches Are Just A 45 Minute Drive From This Location. Because The Demand For New Homes In Lake Mary Is High, You Can Now Own, Create And Build Your Perfect Lakefront Home. This Property Does Not Have A Timeline To Build. Land Survey And Soil Sample Information Is Availble. Check Out The Video Tour And See What You Are Missing, This Could Be Yours.
Facts & features
The home at a glance
4.97 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$12,140 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$12,140/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Hanover Woods
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Mary. See the full Lake Mary guide →
Hanover Woods — neighborhood snapshot
Population
2,004
Median age
53
Median income
$196,484
Median home value
$723,941
Avg household
3
Households w/ children
221
For the school run
Seminole County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Mary market
$446K → $488K
Lake Mary median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
Median sold price, Lake Mary, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 401% above the LAKE MARY 32746 median. See the full Lake Mary market guide →
Paper trail
This home's history
Reality check
What actually sold near 116 E GREENTREE LANE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$715,000
140 SWEET BAY CIRCLE · same community
4 bd · 2.5 ba · 2,272 sqft · $315/sqft · 50 DOM
Sold · Aug ’25$780,000
120 E GREENTREE LANE · same community
4 bd · 3 ba · 2,514 sqft · $310/sqft · 57 DOM
Sold · Nov ’25$770,000
203 E GREENTREE LANE · same community
4 bd · 2.5 ba · 2,600 sqft · $296/sqft · 133 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 116 E GREENTREE LANE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 116 E GREENTREE LANE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
116 E GREENTREE LANE FAQs
What would the monthly payment be for 116 E GREENTREE LANE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $12,140/mo — principal and interest, the actual property-tax bill, the $65/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 116 E GREENTREE LANE?+
The association fee works out to $65 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 116 E GREENTREE LANE?+
The most recent tax bill on record (2024) was $4,475. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 116 E GREENTREE LANE?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Mary?+
At $2,000,000, this home is listed about 366% above the Lake Mary median of $429,000. The market section on this page shows how the area is trending.
Which schools are assigned to 116 E GREENTREE LANE?+
Heathrow Elementary School (elementary), Markham Woods Middle School (middle), Seminole High School (high) — Seminole County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$2,000,000 runs 401% above the LAKE MARY 32746 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
1150 days on market against a Lake Mary median of 42 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Heathrow Elementary School, Markham Woods Middle School, Seminole High School — Heathrow Elementary School rates 5 of 5. Always verify assignments with the district.
05The price has already moved
Listed at $2,100,000, now $2,000,000 — a $100K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of CHARLES RUTENBERG REALTY ORLANDO · Rachel Grant. MLS #O6115397.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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