Cherry Ridge in Lake Mary

Cherry Ridge
Homes for Sale in Lake Mary, FL

All 208 homes for sale in LAKE MARY, FL · median $439,900 · 131 homes for sale in 32746 · Seminole County homes for sale

Community in Lake Mary · Seminole County · ZIP 32746
174 homesBuilt 1997–2002Median sale $726K
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Built fromLive Stellar MLS data13 years of closingsFL DOR public recordsUpdated twice daily

Over the 12 months ending 2026-09-12, 4 recorded sales closed at a median of $726,250, $240 per square foot, a median 33 days on market, sellers accepting 97% of original asking. Homes listed or recently sold were built 1997 - 2000; 4 of 4 report an HOA (median $85/mo); none of the 4 geocoded homes sit in a FEMA special flood hazard zone (median elevation 55 ft). At the median price and Seminole County's FY2025-26 rate of 15.18 mills, annual property tax runs about $11,030 ($10,430 with the full homestead exemption).

Live · Cherry Ridge Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$726K
Median sold · 12 mo
$240/sf
Sold $/sqft · 12 mo
peak $240 in 2026
96.8%
Sale vs ask
Tempo
34days
Median DOM · closed
1 days at the 2014 low
0 · 0
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
82%
Owner-occupied · Cherry Ridge
142 of 174 parcels homesteaded (FL DOR 2025)
18%
Non-owner-occupied · Cherry Ridge
incl. 10% trust or LLC-held · 2% out-of-state
174
Homes in the community
174 residential parcels (FL DOR 2025)
Track record · 13 years of records
Est. 1997
Community established
homes built 1997-2002, median 2000 (FL DOR 2025)
2,879sqft
Median sold home size
12-mo windows, closed sales
2.3%/yr
Turnover rate
about 4 of 174 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Cherry Ridge is a small, tightly built enclave of 89 homes, all raised between 1999 and 2002, with a median build year of 2000. That narrow construction window means the housing stock reads as a set rather than a mix - similar bones, similar floor plans, similar age of roofs and systems - so condition and updates do more to separate one listing from another than lot or location within the community.

With zero active listings as of this snapshot and only two closings in the most recent tracked window, this is a market defined by scarcity rather than pace. There isn't enough current inventory to draw a reliable price trend line, so a buyer or seller here should treat any pricing conversation as comp-driven and specific to the home, not the community average.

Nearby homes for sale

No active listings inside Cherry Ridge right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

1467 CHESSINGTON CIRCLE
$680K · 0.4 mi away
4 bd · 3 ba · 2,222 sqft
1467 CHESSINGTON CIRCLE
Listed by ASSIST 2 SELL FOUTZ REALTY
893 PADDINGTON TERRACE
$545K · 0.5 mi away
4 bd · 2 ba · 1,969 sqft
893 PADDINGTON TERRACE
Listed by COLDWELL BANKER REALTY
672 STONEFIELD LOOP
$1.36M · 0.5 mi away
5 bd · 4 ba · 4,469 sqft
672 STONEFIELD LOOP
Listed by CLOCK TOWER REALTY
1063 HENLEY DOWNS PLACE
$2.48M · 0.5 mi away
6 bd · 5 ba · 4,558 sqft
1063 HENLEY DOWNS PLACE
Listed by PREMIER SOTHEBYS INT'L REALTY
1040 KERSFIELD CIRCLE
$679K · 0.6 mi away
4 bd · 3 ba · 2,158 sqft
1040 KERSFIELD CIRCLE
Listed by LPT REALTY, LLC
985 RIDGEMOUNT PLACE
$515K · 0.6 mi away
3 bd · 2 ba · 1,552 sqft
985 RIDGEMOUNT PLACE
Listed by OAKSTRAND REALTY

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Cherry Ridge market snapshot (as of September 12, 2026): the median sale price is about $726K ($240 per sq ft over the trailing 12 months of closed sales), and a median 34 days on market for closed sales.

In ZIP 32746 (LAKE MARY), 650 homes closed in the last 12 months at a median of $422K ($231/sq ft), up 0.8% year over year, with a median 34 days on market. Right now 75 active and 36 pending listings put supply at about 2.6 months - a healthy market. See the live ZIP 32746 housing market and the Seminole County market.

Cherry Ridge is a community of 174 homes in Lake Mary, Seminole County, built between 1997 and 2002 (median 2000.0), with a median living area of about 2,717 square feet. 82% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Cherry Ridge sits inside a guard-gated, golf-course community in Lake Mary, built out in a single tight wave around the turn of the century, with a homestead share near 85% pointing to a base of long-term ownership rather than turnover-driven inventory.

Best for

  • Buyers who want a larger home footprint and can be patient waiting for inventory to appear
  • Buyers prioritizing golf-course and guard-gated amenities over a newer build year
  • Sellers with an original-owner or long-held home who want to price against tight, low-volume comps

Probably not for

  • Buyers who need to close on a strict timeline given the current lack of active listings
  • Buyers wanting a home with no legacy systems or original-build components to evaluate
  • Anyone seeking a smaller-footprint or lower-maintenance HOA structure

Windows contain 0 to 7 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2013 through 2026. Deemed reliable but not guaranteed.

Every sale since 2013 · price vs size
$0$250K$500K$750K2k3k4k
30 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
02462014201620182020202220242026
0 to 7 a year; 4 in the current window.

CHERRY RIDGE Market Scorecard

No active listings

CHERRY RIDGE is currently a no active listings market. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
$726,250
Median sold
n/a
Per sqft
n/a
Days on mkt
0/0/4
Active/Pend/Sold

Typical home value in the 32746 ZIP is $470,893, about 15.4% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in Cherry Ridge Lake Mary, LAKE MARY

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 5 listings
Distress share trend - 0.0% now (2026-08-12 → 2026-09-12)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

If we were buying in Cherry Ridge today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Cherry Ridge.

Best Buy
Buyers targeting a larger single-family home inside a guard-gated, golf-course setting in Lake Mary.
Biggest Risk
Zero active listings means buyers may need to wait for the right home to surface, and pricing data is thin.
Sweet Spot
Move-up buyers who want square footage (median 3,021 sq ft) and full amenity access without a newer-construction premium.
Avoid If
You need to move on a fixed short timeline or want new-build systems without renovation history.

A fixed footprint, not a growing one

At 89 homes with a median living area of 3,021 square feet, Cherry Ridge is built for larger-format single-family living, not entry-level footprints. The community won't expand - there's no new construction pipeline here - so whatever inventory exists at any given time is the entire market. That makes patience a real variable: buyers may wait months for the right layout to surface, and sellers benefit from the fact that there's rarely a wave of competing listings inside the gates at the same time.

The amenity package - guard-gated access, golf course, clubhouse, fitness center, tennis courts, pool, playground, and park - is substantial for a community this size, and it's the kind of package that carries HOA obligations along with it. Given the age of the homes (built 1999 - 2002), buyers should budget for a pre-inspection conversation around roofs, HVAC systems, and any deferred maintenance, since original-build components are now well into their service life.

The location and the amenities are priced into every listing in Cherry Ridge. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

With no active listings at the moment, timing and off-market awareness matter more than usual - we track Cherry Ridge closings and pending activity closely enough to reach out the moment something is about to list, and we can help sellers price against real, recent comps rather than guesswork in a market this thin.

Cherry Ridge in 15 seconds.

Best forBuyers targeting a larger single-family home inside a guard-gated, golf-course setting in Lake Mary.
Biggest advantageThe community's fixed inventory and high homestead share mean less turnover noise and fewer competing listings at once.
Biggest riskZero active listings means buyers may need to wait for the right home to surface, and pricing data is thin.
Sweet spotMove-up buyers who want square footage (median 3,021 sq ft) and full amenity access without a newer-construction premium.
Avoid ifYou need to move on a fixed short timeline or want new-build systems without renovation history.

HOA, CDD & Fees

In short
  • HOA dues reported around $86/month (about $1,032/yr) · median of 12 MLS listings, most billed quarterly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $86 per month ($1,032 a year) - the median AssociationFee across 12 MLS records, normalised to a monthly figure; most are billed quarterly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Cherry Ridge sales matched to your home.

What is your Cherry Ridge home worth?

Get a no-obligation home value based on real comparable sales in Cherry Ridge, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Lake Mary →

Real comps, not an automated estimate.

Recently off market in Cherry Ridge

Homes in Cherry Ridge that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.

Frequently Asked Questions

What is the median home price in Cherry Ridge?
The median sale price in Cherry Ridge was $726K over the 12 months ending September 12, 2026 (4 closed sales, Stellar MLS).
How long do homes in Cherry Ridge take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 34 days on market (4 sales, Stellar MLS).
How many homes are in Cherry Ridge?
The Florida DOR 2025 assessment roll shows 174 homes in Cherry Ridge (public records).
What share of Cherry Ridge is owner-occupied?
82% of Cherry Ridge parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Cherry Ridge built?
Homes in Cherry Ridge were built between 1997 and 2002, with a median year built of 2000.0 (FL DOR 2025 roll).
Who is the best real estate agent for Cherry Ridge?
The best agent for Cherry Ridge is one who actively works Lake Mary and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Cherry Ridge.
How do I find a top Lake Mary real estate agent who knows Cherry Ridge?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Cherry Ridge and the wider Lake Mary area.
Can Momentum Realty connect me with an agent for Cherry Ridge?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Cherry Ridge purchase or sale - no call center and no pressure.
Buyers who want a larger home footprint and can be patient waiting for inventory to appearExcellent fit
Buyers prioritizing golf-course and guard-gated amenities over a newer build yearExcellent fit
Sellers with an original-owner or long-held home who want to price against tight, low-volume compsExcellent fit
Buyers who need to close on a strict timeline given the current lack of active listingsProbably not
Buyers wanting a home with no legacy systems or original-build components to evaluateProbably not
Anyone seeking a smaller-footprint or lower-maintenance HOA structureProbably not

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 14, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 12, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 32746))
Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2013 (30 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.

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Nearby Communities

Explore more neighborhoods near Cherry Ridge with Momentum Realty’s local guides.

HCHeathrow Cherry Ridge0.1 mi away · 201 homes, built 1997–02Heathrow Wyntree0.2 mi awayWHWyntree Heathrow0.3 mi awayWWyntree0.3 mi awayBOBurlington Oaks Heathrow0.3 mi awayHBHeathrow Burlington Oaks0.3 mi awayCarrington Park0.4 mi away · median $550K, 4 sales/12 mo

Browse all neighborhood guides →

Thinking of selling in Cherry Ridge? 4 recorded closings; median 33 days on market (window ending 2026-09-12). See the Seminole County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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