S
Seller's Agent in 2025
Stellar Non-Member Agent
FL_MFRMLS
721 Preserve Terrace Lake Mary, FL 32746
4
Beds
3
Baths
2,598
Sq Ft
0.32
Acres
Highlights
- Golf Course Community
- Fitness Center
- Gated Community
- Heathrow Elementary School Rated A
- In Ground Pool
- Open Floorplan
About This Home
As of December 2025Welcome to 721 Preserve terrace—a masterfully reimagined sanctuary where architectural elegance meets modern luxury in the renowned Heathrow community. This exceptional 4-bedroom (including 2 master suites), 3 bathroom and 3 Car Garage split-plan residence, spanning nearly 2,600 square feet, has been transformed into a breathtaking showcase of refined living. Step into a world where natural light dances through custom-crafted, energy-efficient windows throughout a thoughtfully designed living space. High ceilings create an atmosphere of grandeur, while the open-concept layout flows seamlessly from the oversized dining room to the heart of the home. Prepare to be captivated by the D'Nook-designed gourmet kitchen—a culinary artist's dream featuring custom soft-close cabinetry with custom lighting, handcrafted venetian plastered hood that whispers sophistication, new stainless steel appliances for the discerning chef, Stunning quartz countertops, a thoughtfully integrated coffee station for morning rituals and a walk-in pantry. The spacious living area beckons with its striking modernized fireplace and custom stone finishes, creating the perfect backdrop for both intimate conversations and grand entertaining. Contemporary materials throughout establish a warm yet refined ambiance that speaks to the most discerning tastes. Escape to the luxurious owner's suite—a sprawling 580 square feet of pure indulgence featuring dual walk-in closets and independent vanities. The spa-inspired bathroom, complete with a freestanding soaking tub and glamorous dolomite marble finishes, transforms daily routines into moments of pure relaxation. This thoughtfully designed home offers exceptional flexibility with two additional bedrooms, plus an additional master suite with pool access. This additional master suite provides endless possibilities — perfect for multi-generational living, creative pursuits, in-law suite, or professional endeavors. Step onto your private back porch and discover your own resort-style escape. The recently renovated pool with a stunning brand new Paver Deck (2025) and adjoining bathroom creates the perfect setting for peaceful evening reflections or lively weekend gatherings. This home has been meticulously updated for the discerning homeowner. Newer roof (2017), AC systems (2025), Custom windows (2025), Elegant pavers (2025), Water Heater (2025) an oversized driveway and much more. Embrace the exclusivity of 24-hour manned gate security while enjoying access to community parks, playgrounds, and optional country club memberships featuring golf, tennis, fitness facilities, and a resort-style pool. With convenient access to I-4, 417, and the Wekiva Parkway, you'll enjoy the perfect balance of serene luxury and urban connectivity
Last Agent to Sell the Property
GALLERY PROPERTIES INTERNATIONAL Brokerage Phone: 407-340-8487 License #3558459 Listed on: 11/11/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,567
Year Built
- Built in 1997
Lot Details
- 0.32 Acre Lot
- West Facing Home
- Property is zoned PUD
HOA Fees
- $252 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Home Design
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 2,598 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Wood Burning Fireplace
- Sliding Doors
- Living Room
- Dining Room
Kitchen
- Walk-In Pantry
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Ceramic Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Bathroom
- Walk-In Closet
- 3 Full Bathrooms
- Freestanding Bathtub
- Soaking Tub
- Bathtub With Separate Shower Stall
Laundry
- Laundry in unit
- Dryer
Pool
- In Ground Pool
- Pool Deck
Outdoor Features
- Deck
- Rain Gutters
- Private Mailbox
- Rear Porch
Utilities
- Central Heating and Cooling System
- Thermostat
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 4
- Assessor Parcel Number 01-20-29-5MF-0000-0040
Community Details
Overview
- Association fees include 24-Hour Guard, common area taxes, electricity, maintenance structure, management, security
- Teresa Almedia Association, Phone Number (407) 333-0884
- Visit Association Website
- Heathrow Master Association
- Wyntree Subdivision
- The community has rules related to allowable golf cart usage in the community
Recreation
- Golf Course Community
- Tennis Courts
- Community Basketball Court
- Fitness Center
- Community Pool
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 11, 2025
Closed on
Dec 10, 2025
Sold by
Sanma Investments Of Florida Llc
Bought by
David M Burns Declaration Of Trust and Lisa M Burns Declaration Of Trust
Seller's Agent
REYNALDO Sanchez
GALLERY PROPERTIES INTERNATIONAL
Buyer's Agent
David Miller
KELLER WILLIAMS HERITAGE REALTY
List Price
$839,000
Sold Price
$839,000
Views
31
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-100.00%
Original Mortgage
$671,200
Outstanding Balance
$671,200
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
-$161,223
Purchase Details
Listed on
Aug 29, 2025
Closed on
Aug 29, 2025
Sold by
Fagan Theresa Kathleen
Bought by
Sanma Investments Of Florida
Seller's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
Buyer's Agent
REYNALDO Sanchez
GALLERY PROPERTIES INTERNATIONAL
List Price
$504,000
Sold Price
$504,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
517.26%
Original Mortgage
$547,400
Interest Rate
6.74%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 14, 2013
Sold by
Fagan Theresa Kathleen
Bought by
Fagan Theresa Kathleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
3.53%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 10, 1998
Sold by
The Von Jacobs Group Inc
Bought by
Fagan Theresa K
Purchase Details
Closed on
Mar 4, 1997
Sold by
Heathrow Land Co Lp
Bought by
The Von Jacobs Group Inc
Purchase Details
Closed on
Jun 1, 1996
Bought by
Fagan Theresa K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $839,000 | None Listed On Document | |
| Warranty Deed | $504,000 | Akw Title Group Llc | |
| Warranty Deed | $504,000 | Akw Title Group Llc | |
| Interfamily Deed Transfer | -- | First Florida Title & Trust | |
| Warranty Deed | $265,000 | -- | |
| Deed | $60,000 | -- | |
| Special Warranty Deed | $9,301,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $671,200 | New Conventional | |
| Previous Owner | $547,400 | Construction | |
| Previous Owner | $265,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/11/2025 12/11/25 | Sold | $839,000 | 0.0% | $323 / Sq Ft | |
| 11/16/2025 11/16/25 | Pending | -- | -- | -- | |
| 11/11/2025 11/11/25 | For Sale | $839,000 | +66.5% | $323 / Sq Ft | |
| 08/29/2025 08/29/25 | Sold | $504,000 | 0.0% | $194 / Sq Ft | View Prior Sale |
| 08/29/2025 08/29/25 | For Sale | $504,000 | -- | $194 / Sq Ft | |
| 08/11/2025 08/11/25 | Pending | -- | -- | -- |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,567 | $362,676 | -- | -- |
| 2023 | $4,460 | $352,113 | $0 | $0 |
| 2021 | $4,274 | $331,900 | $0 | $0 |
| 2020 | $4,242 | $327,318 | $0 | $0 |
| 2019 | $4,202 | $319,959 | $0 | $0 |
| 2018 | $4,163 | $313,993 | $0 | $0 |
| 2017 | $4,142 | $307,535 | $0 | $0 |
| 2016 | $4,218 | $303,318 | $0 | $0 |
| 2015 | $4,269 | $299,116 | $0 | $0 |
| 2014 | $4,029 | $296,742 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Stellar Non-Member Agent
-
REYNALDO Sanchez
R
Seller's Agent in 2025
REYNALDO Sanchez
GALLERY PROPERTIES INTERNATIONAL
(814) 852-8084
7 in this area
56 Total Sales
-
David Miller
Buyer's Agent in 2025
David Miller
KELLER WILLIAMS HERITAGE REALTY
(407) 979-4480
14 in this area
310 Total Sales
Map
Source: Stellar MLS
MLS Number: O6359580
APN: 01-20-29-5MF-0000-0040
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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