4855 LILLIAN BLACK ROAD
About This Property
Rarely does a property come along with this much potential. Situated on nearly 2 fully fenced acres with absolutely no HOA to hold you back, this is a canvas for the lifestyle you've been wanting to build. Bring the boat, the RV, the workshop, this land says yes.
The standout opportunity here is the detached garage, a blank slate just waiting to become the perfect in-law suite, private guest quarters, home office, or income-producing rental. Whether you're planning for multi-generational living or simply want a separate space for guests to stay, the bones are already here, you bring the vision.
And the location seals the deal: just minutes to Lake Nona's booming shops, dining, and medical campus, with quick, easy access to the airport for effortless travel. You get the privacy and elbow room of acreage living without sacrificing convenience, a rare combination that's getting harder to find in this corridor.
This is more than a house. It's a rare opportunity to create exactly what you need, on your terms, with room to grow.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2026 | Listed by LIFESTYLE INTERNATIONAL REALTY | $849,900 | |
| Listed by LIFESTYLE INTERNATIONAL REALTY | |||
| Feb 4, 2025 | Listed | $899,999 | |
| Listed | |||
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AMAZING OPPORTUNITY
This stunning 5-bedroom, 3-bathroom home sits on 1.5 fully fenced acres, offering privacy, space, and comfort. Fully renovated, it features a new metal roof (less than a year old), ceramic tile flooring on both levels, and a completely remodeled kitchen.
Enjoy spacious living areas, two fireplaces, crown molding, custom staircase shelving, and high ceilings that add elegance and openness. The home is equipped with central vacuum, an 80-gallon water heater, fresh paint inside and out, and surround sound wiring. Additionally, it has two A/C units, one for each level.
The second-floor bedrooms have stunning balcony views, while the master suite boasts its own private bath and a walk-in closet. An adjacent bedroom can be used as an office or nursery.
The outdoor space is just as impressive. Enjoy a brick-paved porch and patios. There is also a separate garage measuring over 20’ x 40’, complete with its own private porch and a brand-new A/C unit. This space is perfect for converting into an alternate residence for guests or a Grandmother Home. The property has both city water and well water, offering flexibility and self-sufficiency.
Located in the Narcoossee/Lake Nona corridor, less than 7 miles from Lake Nona High School, this property provides easy access to a wide range of amenities, top medical facilities, exceptional dining, and natural attractions such as the St. Cloud chain of lakes and the East Coast beaches. Plus, no HOA, giving you the freedom to customize and make the most of this incredible outdoor space.
Don’t miss this amazing opportunity! Schedule your showing today and discover everything this property has for you.
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| Nov 18, 2021 | Sold | ||
| Sold | |||
| Oct 13, 2021 | Listed by LIFESTYLE INTERNATIONAL REALTY | $600,000 | |
| Listed by LIFESTYLE INTERNATIONAL REALTY | |||
| Aug 31, 2021 | Sold | ||
| Sold | |||
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About Osceola
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017