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Land with Home for Sale in Oviedo, Florida

746 Lake Mills Rd, Oviedo, FL 32766

$3,500,000
7.22 acres
Active sale
$495k drop
Est $19,434/mo

One or more photo(s) has been virtually staged. PRIVATE LAKEFRONT ESTATE ON PRISTINE LAKE MILLS

Tucked behind a winding 700-foot gated drive, this extraordinary 7.22-acre lakefront estate offers an unparalleled blend of luxury, privacy, and resort-style living on the crystal-clear, spring-fed waters of Lake Mills, one of Central Florida's most exclusive private ski lakes. With approximately 152 feet of waterfront, NO HOA, and zoning that allows for agricultural exemption, this property presents a rare opportunity to own one of Seminole County's most unique private waterfront retreats.

The custom-built residence showcases soaring 24-foot coffered ceilings, stacked stone architectural details, rich pecan wood flooring, and breathtaking panoramic lake views. Designed for both everyday living and entertaining, the home features a formal dining room, expansive family room with stone fireplace, private office, oversized en-suite bedrooms, and a chef's kitchen appointed with imported Taj Mahal marble, custom cabinetry, flush built-in refrigeration, dual ovens and sinks, and a large center island overlooking the waterfront.

The first-floor primary suite offers a peaceful escape with unobstructed lake views, while an additional downstairs bedroom and full bath provide ideal accommodations for guests or multigenerational living.

Outdoor amenities create a true private resort experience, featuring a summer kitchen, expansive entertaining spaces, gazebo, 100+ foot dock, 23+ foot boat lift, dual jet ski lifts, and direct access to boating, water skiing, wakeboarding, paddleboarding, fishing, and endless days enjoying one of Central Florida's premier recreational lakes.

A standout feature of the property is the detached barn and recreation building. While currently configured for equestrian use, the structure offers exceptional flexibility as a luxury golf simulator lounge, game room, sports bar, fitness studio, executive office, workshop, guest retreat, or additional entertainment space. With poured concrete walls, spray foam insulation, climate-controlled areas, and substantial infrastructure already in place, the possibilities are endless. Brand new slate roof and hurricane proof double pane doors and windows.

Conveniently located just minutes from Oviedo, UCF, major expressways, Downtown Orlando, Orlando International Airport, world-class dining, shopping, and Florida's renowned beaches, this exceptional estate offers the perfect balance of privacy and convenience.

Rarely do properties combine significant acreage, private ski lake frontage, luxury improvements, and limitless lifestyle opportunities in such an extraordinary setting. This is more than a home—it is a destination designed for unforgettable memories and exceptional living.

5,776
Sq feet
6
Beds
7
Full baths
1
1/2 bath
2005
Built

Location

Street address
746 Lake Mills Rd
Zip code
32766
Elevation
45 feet
Coordinates
28.6314, -81.1139

Directions

From Lockwood Blvd in Oviedo, head south on Hwy 419/Chuluota Rd. Turn left (east) onto Lake Mills Rd. Property will be on the left (#746).

From East 408, travel east on Hwy 50/Colonial Dr. Turn left (north) onto Hwy 419/Chuluota Rd, then right (east) onto Lake Mills Rd. Property will be on the left (#746).

Property details

Acreage
7.22 acres
Zoning
A5
MLS #
MFRMLS O6405919
Posted

Property taxes

2025
$18,617

Parcels

  • 28-21-32-300-007B-0000

Legal description

Resources

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Waterfront
Lake Front, Waterfront
Features
Dock

Exterior

Parking
Garage, Garage-Attached, Oversized
Fencing
Fenced, Gate
Structures
Outdoor Kitchen
Features
Balcony, Fencing, Lighting, Outdoor Grill, Paved, Rain Gutters, Security Lights

Structure

Style
Contemporary
Heating
Central, Fireplace(s), Zoned
Cooling
Central Air
Materials
Block, Stucco
Roof
Tile

Interior

Room Count
13
Rooms
Bathroom x 5, Bedroom x 5, Bonus Room, Den, Dining Room, Family Room, Kitchen, Living Room
Flooring
Carpet, Tile-Ceramic, Wood
Fireplaces
Yes
Appliances
Dishwasher, Garbage Disposer, Microwave, Range, Refrigerator, Refrigerator-Wine Storage, Washer
Security
Closed Circuit Camera(s), Security Gate, Security Lighting, Security System, Security System Owned, Smoke Detector(s)
Features
Built-In Features, Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Crown Molding, Eat-In Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)

Nearby schools

NameType
Walker ElementaryElementary
Chiles MiddleMiddle
Hagerty HighHigh

Listing history

DateEventPriceChangeSource
June 12, 2026Price drop$3,500,000$495,000 -12.4%MFRMLS
May 16, 2026Price drop$3,995,000$205,000 -4.9%MFRMLS
May 8, 2026New listing$4,200,000MFRMLS
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This 7.22-acre property is located at 746 Lake Mills Rd in Oviedo, FL 32766. The property is available for sale, priced at $3,500,000. It has a 5,776 square foot 6-bedroom, 7.5-bath house built in 2005.

Listed by LPT Realty, (877) 366-2213

Checked 2 hours agoUpdated Source

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