David Ramirez
$1,340,000$1,385,0004 bd3 ba3,350 sqft$400 /sqft$9,319 /mo all-in ↓

1417 OIL LAMP COVE, LAKE MARY, FL, 32746

Active33 days on marketListed Jul 14, 2026MLS #O6421469

Reduced $45KPrivate poolSingle Family ResidenceSTEEPLE CHASE

About this home

1417 OIL LAMP COVE

Virtually Staged. Welcome to luxury living in the exclusive gated Steeple Chase community, where timeless transitional Mediterranean design meets modern comfort and resort-style outdoor living. This beautifully appointed residence offers an impressive blend of sophistication, functionality, and high-end finishes throughout. From the moment you arrive, the tile roof, expansive paver driveway, manicured landscaping, grand covered entry, and split 3-car garage create exceptional curb appeal and a true estate-style presence. Inside, the thoughtfully designed floorplan is filled with natural light and elevated by soaring ceilings, designer lighting, elegant finishes, and a seamless flow ideal for both everyday living and entertaining. At the front of the home, a private office, formal dining room, versatile formal living room, and well-appointed laundry room provide both functionality and flexibility throughout the thoughtfully designed layout. Just off the dining room, a beautifully appointed butler’s pantry adds both style and functionality. The spacious family room serves as the centerpiece of the home, anchored by a dramatic custom modern feature wall with a sleek linear fireplace, creating a sophisticated yet inviting atmosphere. The chef’s kitchen is equally impressive with an oversized quartz island with seating, premium cabinetry, expansive counter space, a natural gas cooktop, and a high-end appliance package featuring Sub-Zero, Monogram, and Bosch appliances. Adjacent to the kitchen, the dinette area is enhanced by a beautifully designed built-in coffee station and beverage bar, creating the perfect everyday gathering space. The luxurious primary suite serves as a private retreat with a dramatic custom feature wall, spa-inspired bath with a glass enclosed shower with bench, soaking tub, dual vanities, and two custom walk-in closets with built-ins. This thoughtfully designed 3-way split floorplan features generously sized secondary bedrooms positioned for maximum privacy, including a separate guest suite with its own en-suite bath, while two additional bedrooms are thoughtfully situated in their own private wing with a full bath conveniently positioned between them. Step outside to your private backyard oasis showcasing a heated resort-style pool with water feature, expansive screened enclosure, extensive paver decking, and a covered outdoor living area complete with a fully equipped summer kitchen featuring grill station, side burner, vent hood, sink, and beverage refrigerator. Designed for effortless indoor-outdoor living, this home offers the perfect setting for relaxing evenings or entertaining on a grand scale. Residents of Steeple Chase enjoy a premier Lake Mary location convenient to top-rated Seminole County schools, upscale shopping and dining, golf, major roadways, and everything Central Florida has to offer while still enjoying the privacy and exclusivity of a gated luxury community.

Facts & features

The home at a glance

4

Bedrooms

3

Bathrooms

3,350

Sqft

0.25 ac

Lot size

3

Garage

2018

Year built

One

Levels

$400

Per sqft

Private poolPets allowed

Inside

FlooringLuxury Vinyl · Tile
AppliancesBuilt-In Oven · Convection Oven · Cooktop · Dishwasher · Disposal · Dryer · Microwave · Range Hood · Refrigerator · Tankless Water Heater · Washer
InteriorCrown Molding · Eating Space In Kitchen · High Ceilings · Kitchen/Family Room Combo · Open Floorplan · Solid Surface Counters · Split Bedroom · Stone Counters · Tray Ceiling(s) · Walk-In Closet(s)
LaundryInside · Laundry Room
CoolingCentral Air
HeatingCentral · Electric · Heat Pump

Outside & construction

RoofTile
ConstructionBlock · Stucco
FoundationSlab
FacesNorth
ParkingDriveway · Electric Vehicle Charging Station(s) · Garage Door Opener · Garage Faces Side · Split Garage
ExteriorIrrigation System · Outdoor Kitchen · Private Yard · Sliding Doors

Community & fees

HOA fee$230/mo
Taxes (2025)$14,351/yr
PetsBreed Restrictions, Yes
CommunityDeed Restrictions · Gated Community - No Guard

Utilities & systems

UtilitiesCable Connected · Electricity Connected · Natural Gas Connected · Public · Sewer Connected · Water Connected
WaterPublic

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.

$9,319 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$7,231
PMI (est., until 20% equity)$503
Property tax — 2025 actual bill$1,196
HOA fee — from the listing$230
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $134,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $134,000
Interest rate6.00%
Loan term

Estimated payment

$9,319/mo

Principal & interest$7,231
PMI (est., until 20% equity)$503
Property taxes (actual bill)$1,196
HOA / condo fee$230
Est. insurance$160

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.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $1.3M
$1.1MedgeAI estimate $1,196,906 · range $1.2M$1.2M$1.4M

vs edgeAI estimate

+12%

$/sqft vs Lake Mary actives

$400 vs $234

Days on market

33 vs 46 typical

Where $400/sqft sits among the 166 Lake Mary actives

45
37
41
23
9
11 · this home
$150–192$192–233$233–275$275–317$317–358$358+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Steeple Chase

Map of 1417 OIL LAMP COVE inside its neighborhood boundary

Drive times from this address

Downtown Orlando23 min
Universal Orlando36 min
Orlando Int’l Airport (MCO)43 min
Walt Disney World48 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Lake Mary. See the full Lake Mary guide →

Steeple Chase — neighborhood snapshot

Population

1,323

Median age

53

Median income

$104,346

Median home value

$576,300

Avg household

2

Households w/ children

133

For the school run

Seminole County School District

HighLake Mary High School★★★★★
ElementaryWoodlands Elementary School★★★★★
MiddleMarkham Woods Middle School★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Lake Mary market

Seller’s marketLeans seller3.4 months of inventoryBuyer’s market

$446K$488K

Lake Mary median sold, yr/yr

96.9%

Sale-to-list ratio (12 mo)

97 of 166

Lake Mary actives have cut their price

Median sold price, Lake Mary, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 260% above the LAKE MARY 32746 median. See the full Lake Mary market guide →

Paper trail

This home's history

CurrentPrice reduced to $1,340,000 $45K
Jul 14, 2026Listed at $1,385,000 · 33 days on market since
2018Built · STEEPLE CHASE

Reality check

What actually sold near 1417 OIL LAMP COVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

5353 Steeple Chase, Boca Raton FL 33496Sold · Apr ’26

$1,700,000

5353 Steeple Chase, Boca Raton FL 33496 · same community

4 bd · 5.5 ba · 3,339 sqft · $509/sqft · 1 DOM

3995 EQUINE COVESold · Nov ’25

$1,400,000

3995 EQUINE COVE · same community

4 bd · 3 ba · 3,286 sqft · $426/sqft · 104 DOM

3995 EQUINE COVESold · Jul ’26

$1,375,000

3995 EQUINE COVE · same community

4 bd · 3 ba · 3,286 sqft · $418/sqft · 2 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.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 1417 OIL LAMP COVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1417 OIL LAMP COVE — 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.

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Straight answers

1417 OIL LAMP COVE FAQs

What would the monthly payment be for 1417 OIL LAMP COVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $9,319/mo — principal and interest, the actual property-tax bill, the $230/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 1417 OIL LAMP COVE?+

The association fee works out to $230 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 1417 OIL LAMP COVE?+

The most recent tax bill on record (2025) was $14,351. 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 1417 OIL LAMP COVE?+

The listing reports pets: Breed Restrictions, 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 $1,340,000, this home is listed about 219% above the Lake Mary median of $420,000. The market section on this page shows how the area is trending.

Which schools are assigned to 1417 OIL LAMP COVE?+

Lake Mary High School (high), Woodlands Elementary School (elementary), Markham Woods Middle School (middle) — Seminole County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Positioned at the premium end

$1,340,000 runs 260% above the LAKE MARY 32746 median — but at 3,350 sqft it's also nearly twice the size of the typical Lake Mary listing.

02Your own pool

A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.

03Strong assigned schools

Lake Mary High School, Woodlands Elementary School, Markham Woods Middle School — Woodlands Elementary School rates 5 of 5. Always verify assignments with the district.

04The price has already moved

Listed at $1,385,000, now $1,340,000 — a $45K cut. The full history is in the market section below.

Listing courtesy of COLDWELL BANKER REALTY · Alex Vastardis. MLS #O6421469.

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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