REAGAN TRAIL
Lake Mary, FL, 32746 $ 3,000,000
Baths0.0 Monthly Estimate*
$ 18,942
Studio for $3,000,000. The lot size is 6.06.
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.
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FeaturesGeneralSewer Septic Tank
Utilities BB/HS Internet Available Cable Available Electricity Available
Zoning A-1
Security Features Gated Community
Pets Allowed Yes
View Water
Tax Year 2025
Current Use Residential
Ownership Fee Simple
County Seminole
Property Type Land
Subdivision Name THE COVE
Facing Direction East
Status Active
Directions From Lake Mary Blvd N on Country Club Rd E on Old Lake Mary Rd N on Reagan Trail.
City LAKE MARY
MLS Area 32746 - Lake Mary / Heathrow
Lot Size Units Acres
Lot Size Square Feet 263845
Listing Terms Cash Conventional
Tax Annual Amount 6833.37
Additional Parcels Y/N false
Virtual Tour https://vimeo.com/1223823788
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 122
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
Water Access Y/N false
Water View Y/N false
Flood Zone Code AE/X
Flood Zone Code X Y
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ExteriorVegetation Oak Trees
Lot Features Buildable Cleared Irregular Lot Level Oversized Lot Private
Water Source Well
Lot Size Area 6.057
Lot Dimensions 255 x 471 x 503 x 551
Lot Size Acres 6.06
Road Surface Type Paved Asphalt
Waterfront Y/N false
Road Frontage Type Street Paved Private Road
Road Responsibility Private Maintained Road
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* Excluded FeaturesList ByMEL@LuxuriousHomes.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $18,942
- Monthly Property Taxes
- $569
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Lake Mary, FL
Average List Price $826,112
Percent of Sale Price 72%
About Lake Mary, FL 17,156 Population
39% Since 2002
$ 87,200 Median Income
44.84 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/31/2026 | $3,000,000 | | Listed Price |