Opportunities to acquire nearly a acre and a half of unrestricted lakefront land inside Altamonte Springs simply don't come around often, and this one comes with the early-stage work already done for you. Sitting on 1.32 acres with no HOA to navigate, the existing single-story home offers 4 bedrooms, 3 baths, and roughly 1,982 square feet of flexible living space — but the real story here is the land itself. 

The lot has been fully cleared to open up an unobstructed view of the lake, the old carport has already been removed to bring the property into compliance for a lot split, and a brand-new septic system was installed in April 2025, meaning much of the groundwork, permitting hurdles, and cleanup that typically stall a subdivision project have already been cleared out of the way. What that leaves is the rare chance to end up with two separate homesites, both lots front the same body of water — a setup that's exceptionally difficult to find this close to Orlando, where lakefront acreage of any size is disappearing fast and rarely comes without deed restrictions or HOA red tape — and with the current single-family home already carrying an estimated ARV of around $600,000, the ability to construct a brand-new single-family home on the adjacent lot stacks a second lakefront value play right on top of it, giving this deal tremendous upside.!

Whether the plan is to renovate and hold the existing home on one lot while building new on the other, sell the second parcel off separately, or develop both from the ground up, the foundation for a two-lot lakefront play is already in place. Throw in the location — minutes from downtown Orlando, about 25 minutes to Universal, and roughly 40 to 45 minutes to Disney — and this becomes the kind of double-lot lakefront setup that investors, builders, and land bankers alike rarely get a real shot at.

Contact your EquityPro Advisor today!