CENTURY 21 Edge
$3,500,0006 bd7.5 ba5,776 sqft$606 /sqft$21,910 /mo all-in ↓

746 LAKE MILLS ROAD, OVIEDO, FL, 32766

Active5 days on marketListed Aug 23, 2026MLS #O6434531

WaterfrontSingle Family ResidenceN/A

About this home

746 LAKE MILLS ROAD

Virtually Staged. One or more photo(s) has been virtually staged. A PRIVATE LAKEFRONT ESTATE ON PRISTINE LAKE MILLS. Hidden beyond a winding 700-foot gated drive, this extraordinary 7.22-acre estate offers the rare combination of privacy, acreage and direct lakefront living on the crystal-clear, spring-fed waters of Lake Mills, one of Central Florida's premier private recreational ski lakes. Designed to embrace its remarkable setting, the custom residence captures panoramic water views while offering the scale and flexibility for both everyday living and memorable entertaining. Inside, soaring 24-foot coffered ceilings, stacked-stone architectural details and rich pecan wood flooring create a striking sense of arrival. The expansive family room with stone fireplace opens to the lakefront setting, while a formal dining room and private office provide beautifully defined spaces. The chef's kitchen features imported Taj Mahal stone, custom cabinetry, flush built-in refrigeration, dual ovens and sinks, and a generous center island positioned to take advantage of the waterfront views. Oversized en-suite bedrooms provide exceptional privacy, including a first-floor primary suite overlooking the lake. An additional bedroom and full bath on the main level offer ideal accommodations for guests or multigenerational living. Outside, the lifestyle takes center stage. Expansive covered entertaining areas and a summer kitchen overlook the grounds and lake, while a gazebo and 100+ foot dock with a 23+ foot boat lift and dual jet ski lifts provide effortless access to boating, water skiing, wakeboarding, paddleboarding and fishing. Adding another dimension to the property is the substantial detached barn and recreation building. Currently configured for equestrian use, its scale and infrastructure create tremendous flexibility for the next owner; whether envisioned as an equestrian facility, collector's space, golf simulator and sports lounge, fitness studio, executive workspace, workshop or recreation retreat. Poured-concrete construction, spray foam insulation and climate controlled areas provide an exceptional foundation for a variety of uses. Recent improvements include a brand-new slate roof (2026-50 year life) along with hurricane-rated double-pane windows and dual French Anderson Double Pane Hurrican impact doors (2023). All of this is set within a private 7.22-acre lakefront setting convenient to Oviedo, UCF, major expressways, Downtown Orlando and Orlando International Airport, with Central Florida's dining, entertainment and beaches within easy reach. For the buyer seeking more than a luxury home, 746 Lake Mills Road offers something increasingly difficult to find: land, privacy, recreational lakefront and the freedom to create a lifestyle entirely your own.

Facts & features

The home at a glance

6

Bedrooms

7.5

Bathrooms

5,776

Sqft

7.22 ac

Lot size

4

Garage

2005

Year built

Two

Levels

$606

Per sqft

WaterfrontFireplaceWater view

Inside

FlooringCarpet · Ceramic Tile · Hardwood
AppliancesBar Fridge · Built-In Oven · Dishwasher · Disposal · Electric Water Heater · Microwave · Range · Range Hood · Refrigerator · Wine Refrigerator
InteriorBuilt-in Features · Cathedral Ceiling(s) · Ceiling Fan(s) · Central Vacuum · Crown Molding · Eating Space In Kitchen · High Ceilings · Kitchen/Family Room Combo · Open Floorplan · Primary Bedroom Main Floor · Solid Wood Cabinets · Stone Counters · Tray Ceiling(s) · Vaulted Ceiling(s) · Walk-In Closet(s)
LaundryInside
CoolingCentral Air · Zoned
HeatingCentral · Zoned

Outside & construction

RoofTile
ConstructionBlock · Stone · Stucco
FoundationSlab
ViewWater
FacesSouth
ParkingDriveway · Garage Faces Side · Oversized · Parking Pad
ExteriorBalcony · Fire Pit · Irrigation System · Lighting · Outdoor Grill · Outdoor Kitchen · Outdoor Shower · Private Entrance · Private Yard · Rain Gutters

Community & fees

Taxes (2025)$18,617/yr

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Available · Electricity Connected · Water Connected
WaterWell

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$21,910 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$18,886
PMI (est., until 20% equity)$1,313
Property tax — 2025 actual bill$1,551
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $350,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $350,000
Interest rate6.00%
Loan term

Estimated payment

$21,910/mo

Principal & interest$18,886
PMI (est., until 20% equity)$1,313
Property taxes (actual bill)$1,551
Est. insurance$160

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.

$/sqft vs N/A

$606 vs $280

Days on market

5 vs 39 typical

Where $606/sqft sits among the 263 homes for sale in N/A

119
84
23
15 · this home
3
19
$132–267$267–401$401–535$535–669$669–803$803+

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 Oviedo

Drive times from this address

Downtown Orlando32 min
Orlando Int’l Airport (MCO)41 min
Universal Orlando45 min
Walt Disney World57 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Oviedo. See the full Oviedo guide →

OVIEDO 32766 — neighborhood snapshot

Population

15,966

Median age

42.2

Median income

$146,215

Median home value

$529,600

Avg household

3.18

Households w/ children

2,393

For the school run

Seminole County School District

ElementaryWalker Elementary School★★★★
MiddleChiles Middle School★★★★
HighHagerty High School★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Oviedo market

Seller’s marketSeller’s market2.7 months of inventoryBuyer’s market

$530K$540K

Oviedo median sold, yr/yr

97.7%

Sale-to-list ratio (12 mo)

137 of 263

N/A have cut their price

Median sold price, Oviedo, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 383% above the OVIEDO 32766 median. See the full Oviedo market guide →

Paper trail

This home's history

Aug 23, 2026Listed at $3,500,000 · 5 days on market since
2005Built · N/A

Reality check

What actually sold near 746 LAKE MILLS ROAD

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

5303 NW 73RD TERRACESold · Dec ’25

$3,721,000

5303 NW 73RD TERRACE · same community

5 bd · 5.5 ba · 6,930 sqft · $537/sqft · 0 DOM

2202 OLD TAVARES ROADSold · Dec ’25

$573,000

2202 OLD TAVARES ROAD · same community

4 bd · 4.5 ba · 3,337 sqft · $172/sqft · 109 DOM

4701 NE JACKSONVILLE ROADSold · Dec ’25

$950,000

4701 NE JACKSONVILLE ROAD · same community

5 bd · 4 ba · 3,320 sqft · $286/sqft · 130 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.

Bridget McLennon

Your agent

Bridget McLennon

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 746 LAKE MILLS ROAD — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 746 LAKE MILLS ROAD — before you fall in love.

See it in person

Schedule a tour

Live availability from Bridget's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

746 LAKE MILLS ROAD FAQs

What would the monthly payment be for 746 LAKE MILLS ROAD?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $21,910/mo — principal and interest, the actual property-tax bill 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.

What are the property taxes on 746 LAKE MILLS ROAD?+

The most recent tax bill on record (2025) was $18,617. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

How does the price compare to other homes in Oviedo?+

At $3,500,000, this home is listed about 586% above the Oviedo median of $509,990. The market section on this page shows how the area is trending.

Which schools are assigned to 746 LAKE MILLS ROAD?+

Walker Elementary School (elementary), Chiles Middle School (middle), Hagerty 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

$3,500,000 runs 383% above the OVIEDO 32766 median — but at 5,776 sqft it's also nearly 3 times the size of the typical Oviedo listing.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Fresh on the market

Only 5 days on market in a Oviedo market that averages 39 — if it fits, move quickly.

04Strong assigned schools

Walker Elementary School, Chiles Middle School, Hagerty High School — Walker Elementary School rates 4 of 5. Always verify assignments with the district.

Listing courtesy of APERTURE GLOBAL REAL ESTATE · Cynde Velez. MLS #O6434531.

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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