Cherry Ridge Unit 2
Homes for Sale in Lake Mary, FL

Community in Lake Mary · Seminole County
191 homesBuilt 1997–2002
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data12 years of closingsFL DOR public recordsUpdated twice daily
Live · Cherry Ridge Unit 2 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
82%
Owner-occupied · Cherry Ridge Unit 2
156 of 191 parcels homesteaded (FL DOR 2025)
18%
Non-owner-occupied · Cherry Ridge Unit 2
incl. 10% trust or LLC-held · 2% out-of-state
0%
Cash buyers · Cherry Ridge Unit 2
0 of 3 sales, 12 mo ending June 2017
191
Homes in the community
191 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1997
Community established
homes built 1997-2002, median 2000 (FL DOR 2025)
0
Failed listings · 2025
peaked at 2 in 2016
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Cherry Ridge Unit 2 is a tight, single-phase pocket of 191 homes built out between 1997 and 2002, with a median year built of 2000. That narrow construction window means most of the housing stock is comparable in age and construction era, so the usual spread you see in older or multi-phase communities from mechanical systems and roof age is less of a factor here — differences in a given home's condition tend to come down to updates and maintenance rather than era.

The median living area runs a healthy 2,737 square feet, pointing to larger-format single-family homes rather than starter product. With homestead exemptions filed on about 81.7% of homes, this is a community where most owners have settled in for the long haul, which tends to mean fewer forced or rushed sales and a slower, steadier churn of inventory.

Best for

  • Buyers who want more square footage under roof and are comfortable trading community amenities for it.
  • Buyers who prefer a single, consistent construction era over a mixed-vintage neighborhood.
  • Long-term owners looking for a settled, low-turnover subdivision in Lake Mary.

Probably not for

  • Buyers who want a clubhouse, pool, or other built-in community amenities as part of the package.
  • Buyers seeking the newest possible construction rather than a home built between 1997 and 2002.
  • Buyers who want frequent turnover and a wide, active pool of resale inventory to choose from.

The market around Cherry Ridge Unit 2

Cherry Ridge Unit 2 is a small community — 10 recorded sales on file, most recently in 2025 — too few for its own price trend. Here is the market around it.

Across Seminole County, 1,538 homes are active and 629 pending (29% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Cherry Ridge Unit 2 specifically. Momentum Research analysis of MLS records.

If we were buying in Cherry Ridge Unit 2 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 Unit 2.

Best Buy
Buyers wanting a larger single-family home in an established, consistently built Lake Mary subdivision.
Biggest Risk
No identified community amenities means this is a home-first purchase, not a lifestyle-package one.
Sweet Spot
Homes near the median 2,737 square feet, reflecting the community's larger-format floor plans.
Avoid If
You are prioritizing a clubhouse, pool, or other shared amenity as part of the purchase.

One Phase, One Era

What stands out about Cherry Ridge Unit 2 is its consistency. A five-year build window (1997–2002) across 191 homes means there is not much variance in construction style or original systems from one address to the next — the differentiator for any given home is what the owner has done to it since, not when the neighborhood itself was built.

Current MLS listings do not identify any formal community amenities here, so buyers should treat this as a straightforward residential subdivision rather than an amenity-driven community — value is carried by the home and lot, not by a clubhouse or pool package. Combined with a median living area of 2,737 square feet, the profile fits buyers looking for space inside the home over shared recreational facilities.

The location and the amenities are priced into every listing in Cherry Ridge Unit 2. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a single-phase community like this, the details that matter are house-specific — what's been updated since 2000, how the floor plan has aged, how the lot sits relative to the rest of the subdivision. We walk every comparable sale inside Cherry Ridge Unit 2 with that lens, so pricing and offer strategy reflect the actual home in front of you, not a neighborhood average.

Cherry Ridge Unit 2 in 15 seconds.

Best forBuyers wanting a larger single-family home in an established, consistently built Lake Mary subdivision.
Biggest advantageA narrow construction window (1997–2002) keeps the housing stock consistent in age and style.
Biggest riskNo identified community amenities means this is a home-first purchase, not a lifestyle-package one.
Sweet spotHomes near the median 2,737 square feet, reflecting the community's larger-format floor plans.
Avoid ifYou are prioritizing a clubhouse, pool, or other shared amenity as part of the purchase.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

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 Unit 2 sales matched to your home.

What is your Cherry Ridge Unit 2 home worth?

Get a no-obligation home value based on real comparable sales in Cherry Ridge Unit 2, 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 homes for sale in Cherry Ridge Unit 2 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Cherry Ridge Unit 2?
The Florida DOR 2025 assessment roll shows 191 homes in Cherry Ridge Unit 2 (public records).
What share of Cherry Ridge Unit 2 is owner-occupied?
82% of Cherry Ridge Unit 2 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 Unit 2 built?
Homes in Cherry Ridge Unit 2 were built between 1997 and 2002, with a median year built of 2000 (FL DOR 2025 roll).
Do cash buyers compete in Cherry Ridge Unit 2?
Cash buyers took 0% of Cherry Ridge Unit 2 sales in the 12 months ending June 2017 (0 of 3 closings, Stellar MLS).
Who is the best real estate agent for Cherry Ridge Unit 2?
The best agent for Cherry Ridge Unit 2 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 Unit 2.
How do I find a top Lake Mary real estate agent who knows Cherry Ridge Unit 2?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Cherry Ridge Unit 2 and the wider Lake Mary area.
Can Momentum Realty connect me with an agent for Cherry Ridge Unit 2?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Cherry Ridge Unit 2 purchase or sale - no call center and no pressure.
Buyers who want more square footage under roof and are comfortable trading community amenities for it.Excellent fit
Buyers who prefer a single, consistent construction era over a mixed-vintage neighborhood.Excellent fit
Long-term owners looking for a settled, low-turnover subdivision in Lake Mary.Excellent fit
Buyers who want a clubhouse, pool, or other built-in community amenities as part of the package.Probably not
Buyers seeking the newest possible construction rather than a home built between 1997 and 2002.Probably not
Buyers who want frequent turnover and a wide, active pool of resale inventory to choose from.Probably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 32746))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2014 (11 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.

Own a home here?

You just read the data. Now see what your home is worth.

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 your area comps.

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More Lake Mary & Seminole County & North Orlando guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Seminole County & North Orlando or the full Neighborhood Finder.

Thinking of selling in CHERRY RIDGE UNIT 2? 2 recorded closings (window ending 2026-08-02). 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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