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$208,000

502 TIMBERLANE COURT, LAKE MARY, FL 32746

3D Tour
Active223 days on market

Beds

2

Baths

2

Sq Ft

1,212 sq ft

Year Built

1980

Lot Size

0.15 acres

Garage

,

About This Property

Welcome to The Forest, a true hidden gem tucked away in the heart of Lake Mary. This light, bright, and beautifully maintained 2-bedroom, 2-bath home sits peacefully on a cul-de-sac and offers the rare advantage of land ownership, making it eligible for conventional, FHA, and VA financing. Built in the 1980s, the home features an open floor plan filled with natural light. The freshly painted exterior adds instant curb appeal, complemented by a long driveway and extended covered carport. Bathroom flooring has been replaced with updated laminate and a new hot water heater has been installed. Outdoors, you’ll find a large workshop/laundry shed, plus an additional freestanding storage shed in the backyard—perfect for hobbies, tools, or extra storage. Inside, the kitchen shines with brand-new stainless steel appliances and ceramic tile flooring, opening seamlessly to the main living area. The living room flows into a charming front Florida room wrapped in windows, offering peaceful views of the surrounding natural setting—an ideal spot for morning coffee or evening relaxation. Just steps away are the community’s scenic nature trails, reinforcing the tranquil, park-like feel. Monthly HOA fees are low and include cable, internet, and trash pickup, adding to the ease of living. What truly sets The Forest apart is the lifestyle. Residents enjoy two community pools and a beautiful clubhouse with an outstanding architectural design—often described as Frank Lloyd Wright–inspired. The community building offers an impressive array of amenities, including a large gathering room, library, billiard room, poker room, resident coin laundry, craft room, and community mailboxes. Outdoor recreation abounds with shuffleboard courts, tennis courts, and pickleball courts, while a welcoming social committee hosts monthly events with a full calendar of activities such as cards, pickleball, water volleyball, bingo, and more. One of the most special features of this community is how effortlessly neighbors become friends—you’ll feel welcomed from day one. All of this is paired with an outstanding location close to I-4 and within walking distance to major shopping and restaurants. Peaceful, social, and perfectly positioned—this is Florida 55+ living at its best.

Property Overview

Property TypeResidential
Sub TypeManufactured Home
MLS #O6381320
StatusActive
Year Built1980
Total Rooms7
ConstructionMetal Siding
RoofOther
FoundationCrawlspace
FacesEast
SubdivisionTHE FOREST PH TWO - SEC ONE
CountySeminole
OwnershipFee Simple
FurnishedNegotiable

Interior Features

InteriorCeiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor
FlooringCarpet, Ceramic Tile
AppliancesDishwasher, Dryer, Range, Refrigerator, Washer
LaundryOther
CoolingCentral Air
HeatingCentral, Electric

Exterior & Lot

ExteriorStorage
Lot Size0.15 acres (6,698 sq ft)
Lot FeaturesCul-De-Sac, City Lot, Level
Road SurfacePaved, Asphalt
0

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesCable Connected, Electricity Connected, Sewer Connected, Street Lights, Water Connected

Parking

GarageNo
CarportYes

HOA & Community

HOAYes
HOA Fee$233 / Monthly
Senior CommunityYes

Financial Details

List Price$208,000
Original Price$238,000
Annual Taxes$581 (2024)
FinancingCash, Conventional, FHA, VA Loan
ZoningR-M
Parcel #08203050500000430

Directions

From I-4 - head East on Lake Mary Blvd. Turn left onto Forest Blvd into community. Turn right at 4 way stop on E Plantation. Turn left onto Timberlane Drive. House is the 2nd last house on the left (on the cul-de-sac)

Location

502 TIMBERLANE COURT, LAKE MARY, FL 32746

Listing Information

OfficeUNITED REAL ESTATE PREFERRED
ListedFebruary 10, 2026

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Home Price

$208,000

20% ($41,600)
6.75%

Loan Term

Principal & Interest$1,079
Property Tax (est.)$191
Insurance (est.)$150
Total Monthly$1,420
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How to Buy This Home

Multiple financing options available for this $208,000 home in LAKE MARY.

🏛️

FHA Loan

$7,280 Down

Government-backed, low down payment. Credit scores as low as 580.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$10,400 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee, just a starting point.

Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. 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 last updated: November 1, 2026.

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