This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/6
$3,000,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/6
Property Description
Never before offered for sale. Regan Trail represents a once-in-a-generation opportunity to acquire six high-and-dry lakefront acres set on the eastern shore of Crystal Lake. Set behind the private gates of The Cove, yet uniquely exempt from the community's HOA, the property is hidden at the end of a long, tree-lined private drive where the landscape unfolds dramatically to reveal more than 800 feet of pristine shoreline. Spectacular sunset views, abundant wildlife and the timeless beauty of Old Florida create a setting that has become exceedingly rare. High and dry with an expansive homesite overlooking the water, the property offers exceptional flexibility for those envisioning a custom waterfront estate unlike anything else in the area. Whether designing a grand primary residence with a guest house, resort-inspired outdoor living, expansive garages or recreational amenities, the scale, privacy and extraordinary waterfront frontage provide an unparalleled foundation for an exceptional estate. The existing century-old home reflects the property's rich history, while a detached two-car garage with an attached bonus room and a separate four-car garage complete with a workshop and expansive storage room provide immediate functionality while plans take shape. What distinguishes this offering is the rare balance of privacy and convenience. Enjoy the exclusivity and security of a gated community without the limitations of HOA restrictions, an increasingly uncommon advantage for luxury buyers seeking the freedom to create a deeply personalized estate. Just minutes from Lake Mary's thriving Midtown district, residents enjoy an exceptional collection of acclaimed restaurants, boutique shopping, cafés, entertainment, fitness studios and community events, while nearby Interstate 4, SR 417 and the Wekiva Parkway provide effortless access to downtown Orlando, area airports, world-famous attractions, pristine beaches and the best of Central Florida. Properties of this significance are rarely available, especially those remaining in the same family and offered to the public for the first time. Combining more than 800 feet of Crystal Lake shoreline, six picturesque acres, remarkable privacy, spectacular sunsets and one of Lake Mary's most desirable locations, Reagan Trail presents a once-in-a-generation opportunity to create a waterfront estate that will be cherished for generations to come.
Full Property Details
Full Property Details for Reagan Trail
General
- Price: $3,000,000
- Taxes: $6,833 (2025)
- Status: Active
- Type: Lots/Land
- Source: MidFloridaRegionalMLS
- MLS ID: O6437478
- Updated: 9/1/2026
- Added to Site: 2 day(s) ago
Additional Information
- Security/Safety: Gated Community
Location
- Area: 32746 - Lake Mary / Heathrow
- County: Seminole
- Development Name: 32746 - Lake Mary / Heathrow
- Subdivision: THE COVE
- Driving Directions: From Lake Mary Blvd, N on Country Club Rd, E on Old Lake Mary Rd, N on Reagan Trail.
- Direction Faces: East
Community
- Community Name: 32746 - Lake Mary / Heathrow
- Association: Yes
Utilities
- Sewer: Septic Tank
- Water: Well
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Available
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Property View: Water
- Lot Size (Acres): 6.06
- Lot Size (Sq. Ft.): 263,845
- Lot Size: 6.057
- Lot Dimensions: 255 x 471 x 503 x 551
- Frontage: Street Paved, Private Road
- Street/Road Desc.: Paved, Asphalt
Water Features
- Water View: Yes
Financial Considerations
- Price Per Acre: $495,050
- Assoc Fee Desc.: None
- Tax Amount: $6,833.37
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 10 TWP 20S RGE 30E BEG 913.2 FT S & 924 FT W OF NE COR OF NW 1/4 OF NW 1/4 RUN N 83 DEG 58 MIN 54 SEC E 220 FT N 57 DEG 54 MIN 14 SEC E 12.18 FT N 83 DEG 58 MIN 54 SEC E 166.17 FT S 07 DEG 16 MIN 05 SEC E 56.06 FT SLY ALONG CURVE 72.4 FT S 51 DEG 34 MIN 52 SEC W 63.88 FT S 07 DEG 16 MIN 04 SEC E 125 FT S 30 DEG 15 MIN 10 SEC W 181.27 FT S 42.02 FT N 84 DEG 18 MIN 14 SEC W 297.77 FT N 12 DEG 11 MIN 51 SEC W 406.93 FT N 83 DEG 58 MIN 54 SEC E 86.38 FT TO BEG & LOT 122 THE COVE PB 56 PGS 40 TO 43
- Flood Zone Info: AE/X
- APN: 10203030000700000
- Property ID: 10203030000700000
Listed by Premier Sothebys Int'l Realty
Get Pre-Approved Today
Price & Sales History for Reagan Trail
Date
Details
Price
Change
Source
8/31/2026
Listed
$3,000,000
—
MLS
10/12/2023
Sold
$3,000,000
—
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 Reagan Trail
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$3,978,736
58%
2024
-100%
$2,517,975
210%
2023
$10,799
4%
$811,465
2%
2022
$10,366
7%
$792,825
10%
2021
$9,693
—
$719,167
15%
2021
$9,693
20%
$627,798
12%
2018
$8,059
1%
$562,769
3%
2017
$7,973
-4%
$546,377
—
2016
$8,284
-6%
$546,377
-12%
2019
$8,798
4%
$619,046
13%
2015
$8,451
—
$546,377
—
2014
$8,485
-3%
$546,377
—
2013
$8,745
—
$546,377
—
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 Reagan Trail
Reagan Trail, Lake Mary, FL 32746 (MLS# O6437478) is a Lots/Land property with a lot size of 6.06 acres. Reagan Trail is currently listed for $3,000,000 and was received on August 31, 2026. Want to learn more about Reagan Trail? Do you have questions about finding other Lots/Land 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.

