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$695,000
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Property Description
Step into this beautifully renovated home featuring 4 spacious bedrooms and 2 full and 1/2 bathrooms. Recent updates include brand-new vinyl flooring throughout, modern kitchen cabinets, and stylish bathroom vanities, giving the home a fresh, contemporary feel. Relax and entertain in your newly resurfaced screened-in pool, perfect for Florida living. The property sits on a large lot, providing ample outdoor space and privacy, while the new roof adds long-term value and peace of mind. Located in a quiet, private cul-de-sac, this home offers both serenity and convenience. Enjoy easy access to Lake Mary's top-rated schools, shopping, dining, and major highways. Don't miss your chance to own a move-in ready home with modern upgrades and timeless charm.
Full Property Details
Full Property Details for 506 Oakland Terrace
General
- Price: $695,000
- Taxes: $2,698 (2024)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: V4945865
- Updated: 12/16/2025
- Added to Site: 66 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Other
- Fireplace: Yes
- Fireplace(s): Living Room
- Appliances: Dishwasher, Microwave, Range, Refrigerator
- Flooring: Luxury Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Other, Washer Hookup
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Other
Exterior
- Exterior Features: Other
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 32746 - Lake Mary / Heathrow
- County: Seminole
- Development Name: 32746 - Lake Mary / Heathrow
- Subdivision: LAKE BINGHAM WOODS EAST
- Driving Directions: Head north on Weldon Blvd toward Main Rd Turn left onto Main Rd Turn left onto Oakland Terrace
- Direction Faces: South
School Information
- Elementary School: Crystal Lake Elementary
- High School: Lake Mary High
Community
- Community Name: 32746 - Lake Mary / Heathrow
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Solar
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Other
Structural Information
- Exterior Const.: Stucco
- Roof: Shingle
- Stories/Levels: Two
- Square Feet: 2,612
- Sq. Ft. Source: Public Records
- Year Built: 1988
Lot Features
- Lot Size (Acres): 0.38
- Lot Size (Sq. Ft.): 16,687
- Lot Size: 16687
- Street/Road Desc.: Concrete
Financial Considerations
- Tax Amount: $2,698
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOT 2 LAKE BINGHAM WOODS EAST PB 29 PGS 70 & 71
- Flood Zone Info: X
- APN: 22 20 30 506 0000 0020
- Property ID: 22 20 30 506 0000 0020
Listed by La Rosa Realty Cw Properties L
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Schools
Schools serving 506 Oakland Terrace
School District:Seminole County School District
| Name | Grades | Distance |
|---|---|---|
Lake Mary Elementary School 132 S Country Club Rd, Lake Mary, FL 32746 | K-5 | 1.2 mi |
Greenwood Lakes Middle School 601 Lake Park Drive, Lake Mary, FL 32746 | 6-8 | 1.9 mi |
Lake Mary High School 655 Longwood Lake Mary Road, Lake Mary, FL 32746 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 506 Oakland Terrace
Date
Details
Price
Change
Source
12/16/2025
Price Reduced
$695,000
-0.7%
MLS
11/13/2025
Listed
$699,900
63.76%
MLS
9/22/2025
Sold
$427,400
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 506 Oakland Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,377
2%
$454,294
1%
2024
$6,244
131%
$448,441
93%
2023
$2,698
3%
$232,843
3%
2022
$2,623
1%
$226,061
3%
2021
$2,604
—
$219,477
1%
2021
$2,604
3%
$216,447
4%
2018
$2,528
-1%
$207,636
-2%
2019
$2,551
2%
$211,581
4%
2017
$2,512
-4%
$203,365
2%
2016
$2,622
-1%
$199,182
1%
2015
$2,652
1%
$197,797
1%
2014
$2,636
-1%
$196,227
2%
2013
$2,668
—
$193,327
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 506 Oakland Terrace
506 Oakland Ter, Lake Mary, FL 32746 (MLS# V4945865) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 506 Oakland Ter is currently listed for $695,000 and was received on November 13, 2025. Want to learn more about 506 Oakland Ter? Do you have questions about finding other Single Family real estate for sale in Lake Mary? You can browse all Lake Mary real estate or contact a Coldwell Banker agent to request more information.

