
5240 ALLEMAN DRIVE, ORLANDO, FL, 32809
Active54 days on marketListed Aug 27, 2026MLS #O6435912
About this home
5240 ALLEMAN DRIVE
Old Florida character, nearly half an acre and a detached guest house come together at this distinctive 1930 home across from Little Lake Conway, now offered BELOW appraised value. With approximately 4,482 square feet of total living space, the property includes a 3,609-square-foot main residence with 4 bedrooms, 3.5 baths and a dedicated home office, plus a detached 1-bedroom, 1-bath guest house. Set on a spacious corner lot with NO HOA, the home is filled with architectural character, including refinished hardwood floors, arched doorways, soaring ceilings, crown molding, custom millwork and two wood-burning fireplaces. A circular driveway, stately columns and mature trees add to its classic curb appeal. Inside, generous living and entertaining spaces include a formal living room with a wood-burning fireplace, a formal dining room, and a sunroom with a wet bar and two wine refrigerators. The upgraded kitchen features imported marble countertops, soft-close cabinetry and ZLINE stainless steel appliances, including a 36-inch dual-fuel six-burner range, pot filler and vent hood. A dedicated home office features custom oak built-ins. Upstairs, the spacious primary suite features high ceilings and a second wood-burning fireplace with a beautiful, upgraded ensuite bath. While an adjoining bedroom with its own private bath offers flexibility as a dressing room, guest suite, second office or expanded primary retreat. Outside, the pavered patio opens to an expansive, fully fenced backyard with room to entertain, garden or play, plus potential for a future pool and/or detached garage, subject to applicable zoning and permitting. The detached guest house features an oversized living area, bedroom, upgraded bath and laundry hookups, making it ideal for multigenerational living, extended-stay guests or additional private space. An adjacent workshop and rare unfinished basement add even more flexibility. Major improvements include a 2021 roof, 2021 dual-pane Low-E windows, 2019 main-house HVAC, complete repiping, tankless water heater and spray foam insulation. All just minutes from Downtown Orlando, Orlando International Airport, shopping and dining. Schedule your showing to see this historic home today! (Please note: Picture 2 is an AI-generated image that illustrates a potential garage addition to the right side of the home for conceptual purposes only. Any addition is subject to applicable zoning and permitting requirements. Buyer to verify feasibility and required approvals.)
Facts & features
The home at a glance
5
Bedrooms
4.5
Bathrooms
4,482
Sqft
0.49 ac
Lot size
1930
Year built
Two
Levels
$211
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.
$6,782 /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
$6,782/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
−18.4%
$/sqft vs Orlando actives
$211 vs $237
Days on market
54 vs 61 typical
Where $211/sqft sits among the 400 Orlando 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 Oak Lynn
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Orlando. See the full Orlando guide →
Oak Lynn — neighborhood snapshot
Population
302
Median age
50
Median income
$76,538
Median home value
$419,800
Avg household
2
Households w/ children
39%
For the school run
Orange County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Orlando market
$400K → $395K
Orlando median sold, yr/yr
97.1%
Sale-to-list ratio (12 mo)
209 of 400
Orlando actives have cut their price
Median sold price, Orlando, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 510% above the ORLANDO 32809 median. See the full Orlando market guide →
Paper trail
This home's history
Reality check
What actually sold near 5240 ALLEMAN DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$1,575,000
5475 LAKE JESSAMINE DRIVE
4 bd · 3.5 ba · 4,388 sqft · $359/sqft · 18 DOM
Sold · May ’26$2,995,000
5210 OAK ISLAND ROAD
4 bd · 3 ba · 4,257 sqft · $704/sqft · 13 DOM
Sold · Jul ’26$1,250,000
5339 OAK TERRACE DRIVE
4 bd · 4 ba · 4,157 sqft · $301/sqft · 0 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
Kemarie Johnson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5240 ALLEMAN DRIVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5240 ALLEMAN DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Kemarie's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5240 ALLEMAN DRIVE FAQs
What would the monthly payment be for 5240 ALLEMAN DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $6,782/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 5240 ALLEMAN DRIVE?+
The most recent tax bill on record (2025) was $14,025. 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 5240 ALLEMAN DRIVE?+
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 Orlando?+
At $945,000, this home is listed about 149% above the Orlando median of $379,900. The market section on this page shows how the area is trending.
Which schools are assigned to 5240 ALLEMAN DRIVE?+
Pershing School (elementary), Oak Ridge High (high) — Orange County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of MAINFRAME REAL ESTATE · Beth Hobart. MLS #O6435912.
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.
Never miss a listing
New Orlando homes, in your inbox
Like 5240 ALLEMAN DRIVE but not quite? A daily digest of every new listing in Orlando — straight from the MLS, hours after it goes live. Unsubscribe anytime.
Just watching this one home? Ask Kemarie to ping you on any price or status change →


