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Under contract
  • $219,000

    502 Timberlane Ct, Lake Mary, FL 32746

    2beds
    1,212sqft
    Manufactured Home, Single Family Residence
    Built in 1980
    6,698 Square Feet Lot
    $214,700 Zestimate®
    $181/sqft
    $233/mo HOA

    What's special

    Ceramic tile flooringLong drivewayExtended covered carport
    Under contract-accepting backup offers. 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. 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.
    162 days
    |
    125
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Patti Duerden 407-399-7011,

    UNITED REAL ESTATE PREFERRED 407-243-8840

    Source: Stellar MLS,MLS#: O6381320MLS LogoOriginating MLS: Orlando Regional

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Florida Room
      Primary bedroom
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 187 Square Feet
      • Dimensions: 11x17
      Bedroom 2
      • Features: Walk-In Closet(s)
      • Level: First
      • Area: 121 Square Feet
      • Dimensions: 11x11
      Dining room
      • Level: First
      • Area: 143 Square Feet
      • Dimensions: 11x13
      Florida room
      • Level: First
      • Area: 132 Square Feet
      • Dimensions: 11x12
      Kitchen
      • Level: First
      • Area: 121 Square Feet
      • Dimensions: 11x11
      Living room
      • Level: First
      • Area: 204 Square Feet
      • Dimensions: 12x17
      Workshop
      • Level: First
      • Area: 117 Square Feet
      • Dimensions: 9x13
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Range, Refrigerator, Washer
      • Laundry: Other
      Features
      • Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor
      • Flooring: Carpet, Ceramic Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 1,212
      • Total interior livable area: 1,212 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Carport
      • Carport spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Front Porch
      • Exterior features: Storage
      Lot
      • Size: 6,698 Square Feet
      • Features: Cul-De-Sac, City Lot, Level
      • Residential vegetation: Mature Landscaping
      Details
      • Parcel number: 08203050500000430
      • Zoning: R-M
      • Special conditions: None

      Construction

      Type & style
      • Home type: MobileManufactured
      • Property subtype: Manufactured Home, Single Family Residence
      Materials
      • Metal Siding
      • Foundation: Crawlspace
      • Roof: Other
      Condition
      • New construction: No
      • Year built: 1980

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Water Connected

      Community & HOA

      Community
      • Features: Clubhouse, Community Mailbox, Deed Restrictions, Gated Community - No Guard, Golf Carts OK, Pool, Tennis Court(s)
      • Pet fee: $0 monthly
      • Senior community: Yes
      • Subdivision: THE FOREST PH TWO - SEC ONE
      HOA
      • Has HOA: Yes
      • Amenities included: Cable TV, Clubhouse, Gated, Laundry, Pickleball Court(s), Pool, Sauna, Shuffleboard Court, Spa/Hot Tub, Storage, Tennis Court(s), Trail(s)
      • Services included: Cable TV, Internet, Trash
      • HOA fee: $233 monthly
      • HOA name: Bono Management - Penny Macioszek
      • HOA phone: 407-233-3560
      Location
      • Region: Lake Mary

      Financial & listing details

      • Price per square foot: $181/sqft
      • Tax assessed value: $146,230
      • Annual tax amount: $581
      • Date on market: 2/10/2026
      • Cumulative days on market: 138 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Paved, Asphalt
      • Body type: Double Wide

        Estimated market value

        $214,700

        $204,000 - $225,000

        $1,775/mo

        Price history

        DateEventPrice
        7/18/2026Contingent$219,000$181/sqft
        Source: Stellar MLS #O6381320 Report a problem
        7/11/2026Listed for sale$219,000$181/sqft
        Source: Stellar MLS #O6381320 Report a problem
        7/8/2026Contingent$219,000$181/sqft
        Source: Stellar MLS #O6381320 Report a problem
        6/16/2026Pending sale$219,000$181/sqft
        Source: Stellar MLS #O6381320 Report a problem
        4/7/2026Price change$219,000-2.2%$181/sqft
        Source: Stellar MLS #O6381320 Report a problem
        3/22/2026Price change$224,000-5.9%$185/sqft
        Source: Stellar MLS #O6381320 Report a problem
        2/10/2026Listed for sale$238,000+197.5%$196/sqft
        Source: Stellar MLS #O6381320 Report a problem
        5/4/2015Sold$80,000+8.1%$66/sqft
        Source: Public Record Report a problem
        4/19/2013Sold$74,000-7.4%$61/sqft
        Source: Public Record Report a problem
        2/26/2013Listed for sale$79,900+45.3%$66/sqft
        Source: Watson Realty Corp #O5145270 Report a problem
        9/28/1995Sold$55,000$45/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$623 +7.3%$84,643 +2.9%
        2024$581 +5%$82,258 +3%
        2023$553 +5.3%$79,862 +3%
        2022$525 +2.5%$77,536 +3%
        2021$512 +0.6%$75,278 +1.4%
        2020$510 +0%$74,239 +2.3%
        2019$509 $72,570 +1.9%
        2018$509 -0.1%$71,217 +2.1%
        2017$510 -0.5%$69,752 +6.3%
        2016$512 -6.2%$65,637 -0.5%
        2015$546 $65,988 +9.2%
        2014$546 -32.5%$60,452 +28.1%
        2013$809 -9.3%$47,179 -12.4%
        2012$892 -11.9%$53,853 -11%
        2011$1,013 -12.6%$60,525 -11.7%
        2010$1,158 -11.4%$68,545 -11.8%
        2009$1,308 -13.8%$77,742 -16.7%
        2008$1,517 -8.6%$93,336 -10.5%
        2007$1,660 +4.6%$104,325 +14.1%
        2006$1,587 +378.1%$91,415 +77.8%
        2005$332 +3.4%$51,415 +3%
        2004$321 +2.1%$49,917 +1.9%
        2003$314 +4.8%$48,986 +2.4%
        2002$300 -22.5%$47,838 +4.6%
        2000$387 $45,714
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: The Forest

        Getting around

        51 / 100
        Somewhat Walkable
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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