Not every house needs to be brand new to be the right house. Sometimes, it’s the opportunity that makes it special. Sitting on nearly a full acre directly on spring-fed Lake Jessamine with approximately 99 feet of waterfront, this 3-bedroom, 2-bath home offers 1,772 square feet and something you can’t create with a renovation: the land, the water and the view. Inside, original terrazzo flooring adds character, while a wall of glass across the main living area keeps the lake front and center. The home is ready for a new direction, with a solid footprint and plenty of opportunity to make it entirely your own. Outside, the expansive backyard stretches toward the water, with plenty of room to rethink the outdoor space around that incredible view. A tall 9-foot block wall along the right side adds privacy, while Lake Jessamine puts boating, watersports and days on the water right in your backyard. Convenient to SoDo, Downtown Orlando, I-4, shopping and Orlando International Airport, this is a chance to create something special without giving up proximity to the city. The setting is already here. Bring the vision and take the home in a whole new direction.
For sale
Price cut: $35K (10/12)
$465,000
5701 PADGETT CIRCLE, ORLANDO, FL 32839
3beds
1,772sqft
Single Family Residence
Built in 1959
0.97 Acres Lot
$-- Zestimate®
$262/sqft
$-- HOA
What's special
Original terrazzo flooring
- 23 days
- 828
- 58
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Archie Ferguson 321-201-0163,
HOMEVEST REALTY 407-897-5400
Source: Stellar MLS,MLS#: O6443651
Originating MLS: Orlando Regional

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: First
Bedroom 3
- Features: Built-in Closet
- Level: First
Bathroom 2
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Ceiling Fan(s), Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Thermostat
- Flooring: Terrazzo
- Doors: Sliding Doors
- Has fireplace: No
Interior area
- Total structure area: 3,299
- Total interior livable area: 1,772 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Ground Level
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting, Private Mailbox, Private Yard
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Lake Privileges, Skiing Allowed
- Body of water: LAKE JESSAMINE
Lot
- Size: 0.97 Acres
Details
- Parcel number: 232329000000110
- Zoning: R-1AA
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Block, Concrete
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: BB/HS Internet Available, Electricity Connected, Water Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Pet fee: $0 monthly
- Subdivision: ACREAGE
HOA
- Has HOA: No
Location
- Region: Orlando
Financial & listing details
- Price per square foot: $262/sqft
- Tax assessed value: $462,943
- Annual tax amount: $400
- Date on market: 9/22/2026
- Cumulative days on market: 63 days
- Listing terms: Cash
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/12/2026 | Price change | $465,000-7%$262/sqft |
Source: | ||
| 9/22/2026 | Listed for sale | $500,000-7.4%$282/sqft |
Source: | ||
| 9/18/2026 | Listing removed | $540,000$305/sqft |
Source: | ||
| 9/15/2026 | Price change | $540,000+0.2%$305/sqft |
Source: | ||
| 8/31/2026 | Price change | $539,000-1.8%$304/sqft |
Source: | ||
| 8/19/2026 | Price change | $549,000-3.5%$310/sqft |
Source: | ||
| 8/9/2026 | Listed for sale | $569,000+189566.7%$321/sqft |
Source: | ||
| 4/1/1986 | Sold | $300 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $300 +3.4% | $203,360 +3% |
| 2023 | $290 +11.5% | $197,437 +3% |
| 2022 | $260 +4% | $191,686 +3% |
| 2021 | $250 -87.7% | $186,103 +1.4% |
| 2020 | $2,041 +1.2% | $183,534 +2.3% |
| 2019 | $2,016 +0.5% | $179,408 +1.9% |
| 2018 | $2,005 +15% | $176,063 -1.2% |
| 2017 | $1,744 -22.5% | $178,279 -0.3% |
| 2016 | $2,251 -1.7% | $178,809 +1.8% |
| 2015 | $2,289 -2.1% | $175,693 +6.2% |
| 2014 | $2,338 -9.2% | $165,444 -1% |
| 2013 | $2,576 +0.1% | $167,109 +0.6% |
| 2012 | $2,574 -6.4% | $166,092 -24.2% |
| 2011 | $2,751 +5.1% | $219,138 -1.4% |
| 2010 | $2,617 | $222,222 -13.5% |
| 2009 | -- | $256,869 -28.5% |
| 2008 | $2,419 -3.2% | $359,381 -6.2% |
| 2007 | $2,498 +50.9% | $383,337 +1.3% |
| 2006 | $1,656 +1.6% | $378,359 +45.8% |
| 2005 | $1,630 -37.3% | $259,496 +37.9% |
| 2004 | $2,599 +0.6% | $188,158 -2.1% |
| 2003 | $2,584 +2.8% | $192,254 +25% |
| 2002 | $2,514 -0.7% | $153,768 +6.8% |
| 2001 | $2,533 +2.4% | $143,978 +2.9% |
| 2000 | $2,474 | $139,882 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 32839
Nearby schools
Schools provided by the listing agent
- Elementary: Lancaster Elem
- Middle: Judson B Walker Middle
- High: Oak Ridge High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





