Why Live in Lake Marie Estates
Lake Marie Estates in DeBary, Florida, is a neighborhood surrounding six small lakes, including Lake Marie, with approximately 650 homes primarily built in the mid-1960s. The area features stucco or brick ranch homes with hipped roofs, moderate-sized lots, and fenced-in backyards, some of which offer waterfront views. While the neighborhood has a minimal flood factor, homes near the lakes may have slightly higher flood risks. The community has an Active Sound Score of 75 out of 100. Children in Lake Marie Estates attend highly rated schools, including Debary Elementary. The neighborhood is well-connected, with a SunRail stop about 4 miles away and multiple Votran bus lines nearby. Major roads like United States Route 17-92 and Saxon Boulevard provide access to Interstate 4. Local amenities include a Winn-Dixie in DeBary Commons, Nonna Maria’s Pizzeria, and the Salted Goat restaurant. For recreation, Eagles Nest Park and Rob Sullivan Park offer playgrounds and sports fields, while the city’s designation as Florida’s 12th Trail Town provides access to over 600 miles of paved trails. Golf enthusiasts can enjoy nearby courses like DeBary Country Club and Glenn Abbey Golf Course. Cultural activities are available at the Gateway Center for the Arts, less than 2 miles away, which hosts classes and community events. The upcoming Main Street development, located about 4 miles south, will introduce a new downtown area with townhouses, retail spaces, and apartments, enhancing the neighborhood's appeal.
Frequently Asked Questions
Is Lake Marie Estates a good place to live?
Lake Marie Estates is a good place to live. Lake Marie Estates is considered car-dependent and bikeable. Lake Marie Estates is a suburban neighborhood. Lake Marie Estates has 7 parks for recreational activities. It is fairly sparse in population with 4.5 people per acre and a median age of 46. The average household income is $94,098 which is below the national average. College graduates make up 23.2% of residents. A majority of residents in Lake Marie Estates are home owners, with 20.7% of residents renting and 79.3% of residents owning their home. A
local real estate agent serving Lake Marie Estates can help you decide if this neighborhood is the right one for you. Learn more on our
Lake Marie Estates neighborhood guide.
How much do you need to make to afford a house in Lake Marie Estates?
The median home price in Lake Marie Estates is $279,900. If you put a 20% down payment of $56,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,450 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $62K a year to afford the median home price in Lake Marie Estates. The average household income in Lake Marie Estates is $94K.
What are the best public schools in Lake Marie Estates?
The best public schools that serve Lake Marie Estates are:
What are the best private schools in Lake Marie Estates?
The best private schools that serve Lake Marie Estates are:
What are the most popular zip codes in Lake Marie Estates, Debary, FL?
What are the most popular neighborhoods near Lake Marie Estates, Debary, FL?
Are home prices dropping in Lake Marie Estates?
Yes, home prices in Lake Marie Estates are down 17% in the last 12 months.
Home Trends in Lake Marie Estates, FL
On average, homes in Lake Marie Estates, DeBary sell after 50 days on the market compared to the national average of 70 days. The median sale price for homes in Lake Marie Estates, DeBary over the last 12 months is $328,990, down 27% from the median home sale price over the previous 12 months.
Median Sale Price
$328,990
Median Single Family Sale Price
$272,665
Median Townhouse Sale Price
$379,460
Average Price Per Sq Ft
$206
Number of Homes for Sale
2
Last 12 months Home Sales
8
Median List Price
$279,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-27%