
746 LAKE MILLS ROAD, OVIEDO, FL, 32766
Active5 days on marketListed Aug 23, 2026MLS #O6434531
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
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 — not generic estimates.
$21,910 /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
$21,910/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.
$/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
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
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
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Oviedo 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
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.
Sold · Dec ’25$3,721,000
5303 NW 73RD TERRACE · same community
5 bd · 5.5 ba · 6,930 sqft · $537/sqft · 0 DOM
Sold · Dec ’25$573,000
2202 OLD TAVARES ROAD · same community
4 bd · 4.5 ba · 3,337 sqft · $172/sqft · 109 DOM
Sold · 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.
Your agent
Bridget McLennon
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 746 LAKE MILLS ROAD — start here.

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.
Keep looking
Similar homes nearby
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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