Country Downs
Homes for Sale in Lake Mary, FL

A compact enclave of mid-1980s homes in Lake Mary with generous interior square footage for its era and a high owner-occupancy rate. It reads as a settled, slow-turnover neighborhood rather than a churn market.

Stellar MLS sales records identify 43 homes in Country Downs that have changed hands since 2004, built between 1984 and 1991 (median 1985), with a median living area of about 2,417 sq ft and a typical 4-bedroom, 2-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Country Downs is too small for its own price trend, so here is the market around it.

In ZIP 32746, 252 homes are on the market and 26% are under contract — a steady corner of Lake Mary.

Across Seminole County, 1,676 homes are active and 570 pending (25% under contract).

In ZIP 32746 (Lake Mary), 294 homes closed in the last 12 months at a median of $422K ($222/sq ft), up 2.0% year over year, with a median 34 days on market. Right now 64 active and 23 pending listings put supply at about 2.6 months — a healthy market. See the live ZIP 32746 housing market and the Seminole County market.

ZIP and county figures describe the wider market, not Country Downs specifically. Momentum Research analysis of MLS records.

The build window is tight — 1984 to 1991, median year 1985 — so the housing stock is consistent in age and generally roomy, with a median around 2,438 square feet. That consistency is useful: you are comparing homes of similar vintage and scale, which throws the differences that actually matter into sharp relief. Roof age, HVAC, plumbing, electrical panel, windows, and kitchen/bath updates are where value separates in a neighborhood like this.

With roughly 80% homestead occupancy, listings are infrequent and the sample of fresh comps is thin. A buyer needs to be ready to act on a good one, and a seller needs realistic, condition-based pricing rather than leaning on a single number. Inspection findings and update history carry real weight in negotiations here.

In a low-inventory, condition-driven neighborhood, the edge is knowing what a fair price looks like when comps are scarce. We underwrite each home on its own merits — systems, updates, and layout — rather than a blanket per-foot figure, and we help sellers position an updated home for what it is actually worth.

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