by Global Lifestyle Properties

See Home Value
$650,000
● House - Off Market

500 FOREST LAKE DRIVE

ALTAMONTE SPRINGS, FL 32714
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,715 Ft²
$3,647
Est. Monthly
3.89%
Cap Rate

About This Property

APPRAISED AT $730,000! This fully renovated and meticulously kept estate home sits high on 1.81 acres in the country with DETACHED GARAGE, DETACHED GUEST HOUSE and huge WORKSHOP just a short distance from I-4, shopping, and restaurants, providing the best of the quiet life in the country combined with easy access to everything you want or need. Inside, this beautiful kitchen features gorgeous granite countertops and granite-topped island, an abundance of cabinetry, custom tile backsplash, newer appliances, recessed lighting, and the perfect space for a home office. The spacious main living area is adjacent to the kitchen and features gorgeous luxury vinyl plank flooring that flows throughout most of this home. The 26' X 15' primary bedroom suite w/sitting area boasts a large walk-in closet and ensuite bath with dual sinks in the large granite topped vanity, jetted soaking tub, and beautifully tiled walk-in shower. Outside, the oversized detached 2-car garage is connected to the main home by a covered breezeway and short paver-lined walkway. The detached 672 square-foot home with 2-bedrooms and 1-bath is well updated and includes a small, private sitting patio. The huge workshop with two garage doors and interior office space is the perfect opportunity for the backyard mechanic or anyone that enjoys working with their hands, or for storing your outdoor toys. The chicken coop is perfect for home-grown eggs every morning. Grow your vegetables in the raised garden bed or start new beds elsewhere as there's plenty of room here. Being just outside the city limits, this home features a well and septic, ensuring fresh water and no water bills. Boasting a new roof and HVAC in 2017 and electrical and plumbing in 2018, the major components are covered for years to come. This gorgeous home has NO HOA and is well updated with newer paint, knockdown ceilings, fixtures, and yes...this parcel goes all the way to the lake! Ask your Realtor® for the link to the unbranded virtual walking tour to this beautiful home in the country. All measurements are approximate and should be independently verified.
Unit Size
2,715 Ft²
Days on Market
161 days
Land Size
1.81 acres
Price per sqft
$241
Property Type
House
Property Taxes
$431
HOA Dues
-
Year Built
1952

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Last updated: 9 months ago (Stellar MLS #V4944996)

Price History

Date / Event Date Event Price
Feb 27, 2026 Sold
Sold
Jan 27, 2026 In contract -
In contract
Jan 13, 2026 Price Decreased $655,000
↓ $20K (3%)
Price Decreased
Dec 10, 2025 Price Decreased $675,000
↓ $10K (1.5%)
Price Decreased
Dec 1, 2025 Relisted $685,000
Relisted
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Property Highlights

Garage
Parking Available
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1985
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 78,408
  • Lot Size Depth Feet: 5,650
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 3,221
  • Gross Building Area: 3,221
  • Building Area: 2,715
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,715
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST LAKE SUBDIVISION
  • Land Acres: 0000001800
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: 01
  • Legal Description 1: LOT 17 W OF RD FOREST LAKE SUBD PB 4 PG 8

Neighborhood

  • School District Name: Seminole County School District
  • School Tax School District: COUNTY-TX DIST
  • Census Tract: 021708

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 00884364
  • Subdivision Tract Number: 507
  • Parcel: 17-21-29-507-0000-0170
  • Lot: 17
  • Meridian: SEC 17 TWN 21S RNG 29E
  • Municipality: COUNTY-TX DIST 1
  • Latitude: 28.6629
  • Longitude: -81.4346

    Address

  • Full Address: 500 Forest Lake Dr
  • Address - House Number: 500
  • Address - Street Name: Forest Lake
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Altamonte Springs
  • Carrier Code: R001
  • 4-Digit Zip Code: 2854
  • Zip Code: 32714

Valuation

    Tax

  • Total Area: 2,044
  • Tax Year: 2023
  • Tax Amount: $526,875
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 81
  • Final Value: 458,363
  • High Value: 528,597
  • Low Value: 388,130

    Market Valuation

  • Market Total Value: $398,041
  • Market Land Value: $94,975
  • Market Improvement Value: $303,066

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,514

    Sales

  • Current Sale Contract Date: Mar 14, 2019
  • Current Sale Recording Date: Mar 19, 2019
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019028229
  • Previous Sale Recording Date: Nov 07, 2017
  • Previous Sale Contract Date: Oct 27, 2017
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Forest Lake


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Frequently Asked Questions

When was property at 500 Forest Lake Drive built and last sold?
The property at 500 Forest Lake Drive was built in 1952 and last sold on Mar 14, 2019 for $150,000.
How much is this home worth?
The estimated value of the home located at 500 Forest Lake Drive is $649,659.
What are some comparable homes to 500 Forest Lake Drive?
There are currently no comparable homes to 500 Forest Lake Drive.