Active

$995,000

Features:
  • 2 Bedrooms
  • 1 Bathrooms
  • 1080 sq ft
Overview
  • ID: MFRO6365836
  • Bedrooms: 2
  • Bathrooms: 1
  • Size: 1080 sq ft
Property Details
Remarks
Tucked away at the end of a quiet street on nearly 10 fully fenced acres in Sanford, this one-of-a-kind stilt home property offers rare privacy, exceptional versatility, and outstanding equestrian potential. With expansive, usable acreage and no HOA, the land is ideal for horses, livestock, agricultural use, or a private farmstead—while still offering endless opportunities to build, expand, or invest. This property is zoned A-1 and may also be subdivided, presenting an excellent opportunity for future development, multi-generational living, or long-term investment. Live comfortably in the existing home while you build your dream estate, or enjoy the property as-is with room to grow. The front portion of the property is fully cleared and ready for a new home site, barns, paddocks, riding arena, or additional structures. The elevated stilt home features 2 bedrooms and 1 bathroom, plus an additional area that can easily be enclosed to create a third bedroom or flexible living space. Recent improvements include a 2022 roof, 2018 A/C, 2021 plumbing, and electrical panel. The elevated design offers peaceful views across the acreage, while the space below—previously used as a barn—provides excellent functionality for equestrian use, livestock, storage, or a workshop. Conveniently located just minutes from Sanford Airport, SR-417, shopping, dining, and everyday amenities, this property combines the freedom of acreage living with easy access to Central Florida conveniences. Whether you’re seeking an equestrian property, private retreat, small farm, or land with development potential, this unique Sanford opportunity is ready to bring your vision to life.
Financial Considerations
Price:
$995,000
HOA Fee:
N/A
Tax Amount:
$1722
Price per SqFt:
$921.3
Tax Legal Description:
LOT 24 PALM HAMMOCK PB 1 PG 104
Exterior Features
Lot Size:
406400
Lot Features:
Cleared, Level, Pasture, Private, Street Dead-End, Unpaved, Zoned for Horses
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
2
Bathrooms:
1
Heating:
Electric
Cooling:
Central Air
Appliances:
Microwave, Range, Refrigerator
Furnished:
Yes
Floor:
Carpet, Linoleum, Tile
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1984
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
N/A
Map
  • Address
    1545 PALM WAY
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