1606 CHERRY LAKE WAY, LAKE MARY, FL, 32746
Active2 days on marketListed Oct 17, 2026MLS #G5119138
About this home
1606 CHERRY LAKE WAY
Discover an exceptional opportunity in Heathrow, one of Seminole County’s most beautiful and desirable guard-gated golf and country club communities. Located in Cherry Ridge, this single-story pool home offers 5 bedrooms, 3 bathrooms, and 3 car garage, along with substantial recent improvements. 5th Bedroom currently an office. Separate living and dining rooms complement a spacious family room overlooking the screened pool. Opening directly to the family room, the kitchen keeps the cook connected to everyday conversation and special gatherings. Granite countertops, abundant sparkling white cabinetry, and stainless steel appliances replaced in 2023 make cooking and entertaining easy. The split-bedroom layout provides privacy for the owner’s retreat featuring hardwood flooring, a generous closet with built-in's and an en suite bath with soaking tub and separate walk-in shower. Built-ins in all bedroom closets and carpet-free living with ceramic tile throughout the main living areas and laminate flooring in the secondary bedrooms. Enjoy Florida living on the screened patio, with space for dining, lounging, and gathering around the pool, resurfaced in 2022. The aluminum-fenced backyard features avocado, lemon, lime, peach, and orange trees. Major updates completed in 2023 include replacement windows, an A/C system with UV lights, appliances, interior and exterior paint, lighting, ceiling fans, and water softener. The roof was replaced in 2017 and received a Roof Max treatment in 2024 extending the roof life. Additional features include foam insulation, an EV charging hookup, and an exterior generator connection. EV charger and generator are not included. Heathrow’s oak-lined streets, lakes, landscaped surroundings, and Sawyer Lake Park create an appealing community setting and family fun! Optional country club memberships offer golf on the Ron Garl-designed championship course, tennis, pickleball, swimming, fitness, and dining. Adult and children’s activities include wine tastings, live music, fitness classes, after-school tennis, and Kids Club. Located within Seminole County’s A-rated public school district, with convenient access to the Lake Mary/Heathrow employment corridor, shopping, dining, major highways, and Orlando Sanford International Airport. This home combines comfort, convenience, and an exceptional Heathrow Country Club Florida lifestyle.
Facts & features
The home at a glance
5
Bedrooms
3
Bathrooms
2,763
Sqft
0.23 ac
Lot size
3
Garage
2000
Year built
One
Levels
$290
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$5,484 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$5,484/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−5.2%
$/sqft vs Lake Mary actives
$290 vs $243
Days on market
2 vs 52 typical
Where $290/sqft sits among the 193 Lake Mary actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Lake Mary
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Lake Mary. See the full Lake Mary guide →
LAKE MARY 32746 — neighborhood snapshot
Population
45,970
Median age
43.8
Median income
$111,534
Median home value
$420,200
Avg household
2.41
Households w/ children
5,472
For the school run
Seminole County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Lake Mary market
$446K → $488K
Lake Mary median sold, yr/yr
96.9%
Sale-to-list ratio (12 mo)
101 of 193
Lake Mary actives have cut their price
Median sold price, Lake Mary, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 101% above the LAKE MARY 32746 median. See the full Lake Mary market guide →
Paper trail
This home's history
Reality check
What actually sold near 1606 CHERRY LAKE WAY
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$905,000
1218 SAINT ALBANS LOOP · same community
3 bd · 3 ba · 2,848 sqft · $318/sqft · 18 DOM
Sold · May ’26$750,000
336 ASHFORD COURT · same community
3 bd · 2.5 ba · 2,857 sqft · $263/sqft · 8 DOM
Sold · Aug ’26$905,000
1624 CHERRY RIDGE DRIVE · same community
4 bd · 3 ba · 2,862 sqft · $316/sqft · 2 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Cindy Fernandez
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 1606 CHERRY LAKE WAY — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1606 CHERRY LAKE WAY — before you fall in love.
See it in person
Schedule a tour
Live availability from Cindy's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
1606 CHERRY LAKE WAY FAQs
What would the monthly payment be for 1606 CHERRY LAKE WAY?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $5,484/mo — principal and interest, the actual property-tax bill, the $86/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 1606 CHERRY LAKE WAY?+
The association fee works out to $86 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 1606 CHERRY LAKE WAY?+
The most recent tax bill on record (2025) was $7,468. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 1606 CHERRY LAKE WAY?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Lake Mary?+
At $799,900, this home is listed about 65% above the Lake Mary median of $485,000. The market section on this page shows how the area is trending.
Which schools are assigned to 1606 CHERRY LAKE WAY?+
Heathrow Elementary School (elementary), Markham Woods Middle School (middle), Seminole High School (high) — Seminole County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$799,900 runs 101% above the LAKE MARY 32746 median — but at 2,763 sqft it's also 42% larger than the typical Lake Mary listing.
02Your own pool
A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.
03Fresh on the market
Only 2 days on market in a Lake Mary market that averages 52 — if it fits, move quickly.
04Strong assigned schools
Heathrow Elementary School, Markham Woods Middle School, Seminole High School — Heathrow Elementary School rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of RE/MAX CENTRAL REALTY · Patricia Woodhouse. MLS #G5119138.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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