1551 CHERRY LAKE WAY, Lake Mary, FL, 32746 | $885,900

Welcome to a beautifully maintained and thoughtfully upgraded 5-bedroom, 3, 517 sq ft home set on a fenced-in double lot. Inside, the home features five generously sized bedrooms plus a media room, with an open-concept layout that seamlessly connects the family room and kitchen—ideal for entertaining or everyday life. The kitchen is recently remodeled and features granite countertops, easy-access pull-out cabinets, and a custom pantry. California-style closets offer sleek organization throughout, while hardwood flooring graces all bedrooms, the media room, and staircase. Crown molding enhances the main living areas, and the freshly painted exterior—with self-cleaning paint—ensures your curb appeal remains high with minimal effort. A newly paved driveway adds to the home’s polished look, while the 7-year-old roof remains in excellent condition. Built for efficiency and peace of mind, the home is powered by a solar energy system that covers the entire household and even supports an electric vehicle. Solar pool heating, a 16 SEER upgraded A/C system with electronic filters, and ceiling fans in every room provide year-round comfort. Additional attic insulation also reduces energy use. Water-saving features include a whole-house water softener and drinking water purification system, along with a separate irrigation meter to keep lawn care costs low. The newly refinished saltwater pool features a variable-speed pump for optimal energy efficiency, and the extended lanai with a built-in outdoor kitchen creates a private backyard oasis perfect for relaxing or entertaining. The garage includes built-in cabinetry and attic access for extra storage. The windows and doors have impact-resistant film. All of this comes at just $255 per square foot—making it the best value in Heathrow. With luxury finishes, energy-efficient systems, and storm-ready features, this home is a rare find. Don’t miss your opportunity to make it yours—schedule your private showing today!

Features

  • Amenities: Basketball Court, Clubhouse, Fence Restrictions, Gated, Park, Playground, Security
  • Rooms: 10
  • Bedrooms: 5
  • Baths: 3 full / 1 half
  • Laundry: Laundry Room
  • Year Built: 1998
  • Garage: 3-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,517
  • Acreage: 0.33
  • Est. Taxes: $5,274
  • HOA Fee: $704 Quarterly
  • Elem. School: Heathrow Elementary
  • Middle School: Markham Woods Middle
  • High School: Seminole High
  • Pool: Gunite, Heated, Salt Water, Screen Enclosure, Solar Heat
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Kitchen Reverse Osmosis System, Microwave, Range, Range Hood, Refrigerator, Solar Hot Water Owned, Washer, Water Softener
  • MLS#: O6341505
  • Days on Market: 48 days
  • Website: https://www.raveis.com
    /prop/O6341505/1551cherrylakeway_lakemary_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 12/24/2025 7:17:08 PM)

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Michael DarganSales Associate

203.443.3111

Michael.Dargan@raveis.com

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Dave BeckmanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 10930

203.641.8287

Dave.Beckman@raveis.com

Our Executive Mortgage Banker:

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Our Insurance Division:

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1551 CHERRY LAKE WAY, Lake Mary, FL, 32746

$885,900

Michael Dargan

Sales Associate

William Raveis Real Estate

Phone: 203.443.3111

Michael.Dargan@raveis.com

Dave Beckman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.641.8287

Dave.Beckman@raveis.com

NMLS Mortgage Loan Originator ID 10930

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $708,720 $708,720 $708,720
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.000% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.353% 6.121% 6.038%
Monthly Tax Payment $440 $440 $440
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,080 $4,249 $5,933
Total Monthly Payment $4,612 $4,781 $6,465

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.