Pending

1545 Palm Way

SANFORD, FL 32773
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Bed 2

Bed

Bath 1

Bath

SqFt1,080

Sqft

Acres9.32

Acres(Lot)

Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Seller is willing to SPLIT the property into two 5 acre parcels and sell separately. Tucked away at the end of a quiet street on nearly 10 fully fenced acres in Sanford, this one-of-a-kind stilt home property offers rare privacy, exceptional versatility, and outstanding equestrian potential. With expansive, usable acreage and no HOA, the land is ideal for horses, livestock, agricultural use, or a private farmstead—while still offering endless opportunities to build, expand, or invest. This property is zoned A-1 and may also be subdivided, presenting an excellent opportunity for future development, multi-generational living, or long-term investment. Live comfortably in the existing home while you bui ld your dream estate, or enjoy the property as-is with room to grow. The front portion of the property is fully cleared and ready for a new home site, barns, paddocks, riding arena, or additional structures. The elevated stilt home features 2 bedrooms and 1 bathroom, plus an additional area that can easily be enclosed to create a third bedroom or flexible living space. Recent improvements include a 2022 roof, 2018 A/C, 2021 plumbing, and electrical panel. The elevated design offers peaceful views across the acreage, while the space below—previously used as a barn—provides excellent functionality for equestrian use, livestock, storage, or a workshop. Conveniently located just minutes from Sanford Airport, SR-417, shopping, dining, and everyday amenities, this property combines the freedom of acreage living with easy access to Central Florida conveniences. Whether you’re seeking an equestrian property, private retreat, small farm, or land with development potential, this unique Sanford opportunity is ready to bring your vision to life.

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Detail Ic Property Details

Property Type : Residential

Price : $899,000

AD Id : 72018406

MLS Id : MFRO6365836

Beds : 2

Lot Size : 9.32 Acres

Living Area Size : 1,080

Year Built : 1984

County : Seminole

Subdivision: Palm Hammock

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Feature Features

  • Bedroom Information

    Total Bedroom: 2

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Interior Features

    Ceiling Fans(s), Solid Wood Cabinets Roof: Shingle Appliances: Microwave, Range, Refrigerator Laundry Features: Electric Dryer Hookup, Washer Hookup

    Roofing Information

    Shingle
  • Flooring Information

    Flooring: Carpet, Linoleum, Tile Construction Materials: Frame
  • Heating & Cooling

    Heating: Electric Cooling: Central Air WaterSource: Well

  • Building Information

    Year Built: 1984
  • Exterior Features

    Other Construction Materials: Frame Foundation Details: Stilt/On Piling

  • Lot Information

    Lot Dimensions: 635' x 640' Lot Description: Cleared, Level, Pasture, Private, Street Dead-End, Unpaved, Zoned for Horses Lot Square Feet: 406400 Lot Acres: 9.32 Lot Size (SqMt): 37756

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Florida, Key West

  • Listing Price Information

    Original List Price:$880000

  • Tax Information

    Tax Block: 00 Tax Book Number: 1-104 Tax Lot: 24 Tax Legal Description: LOT 24 PALM HAMMOCK PB 1 PG 104 Annual Tax: $1722 Tax Year: 2024 Parcel Number: 17-20-31-5AZ-0000-0240

  • School Information

    Junior High School: Sanford Middle Senior High School: Seminole High
  • Utility Information

    Electricity Connected, Water Connected Sewer: Septic Tank Water Source: Well
  • Location Information

    Subdivision: PALM HAMMOCK City: SANFORD Direction: Heading east on E Lake Mary Blvd, turn right onto S Sanford Ave. Turn left onto Pine Way, then right onto Mellonville Ave. Turn left onto Palm Way and follow the road to the very end. Continue past the paved portion onto the dirt/grass road. The gated entrance is located at the end of the road on the right, along the rear boundary of the property.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Undisclosed Address, Sanford, FL, 32773 $270,000 3 2 1,100 1,100 SqFt
330 Carina Cir, Sanford, FL, 32773 $230,000 3 3 1,372 1,372 SqFt
2536 El Portal, Sanford, FL, 32773 $348,500 3 2 --
116 N Bristol Circle, Sanford, FL, 32773 $269,000 3 2 1,480 1,480 SqFt
4120 Rainfall Place, Sanford, FL, 32773 $599,900 5 3 2,862 2,862 SqFt
2642 Flicker Cove, Sanford, FL, 32773 $514,500 5 5 2,718 2,718 SqFt
2410 Waxwing Way, Sanford, FL, 32773 $428,999 4 3 2,076 2,076 SqFt
3943 Crawley Down Loop, Sanford, FL, 32773 $569,900 4 3 2,424 2,424 SqFt
4000 Clipstone Place, Sanford, FL, 32773 $550,000 5 3 2,780 2,780 SqFt
5171 Mockingbird Sound .., Sanford, FL, 32773 $759,990 5 4 3,417 3,417 SqFt
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ByOwner last updated this listing 06/11/2026 @ 06:20

MLS: MFRMLS #O6365836 LISTED BY: Chris Creegan, CREEGAN GROUP 407-622-1111 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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