Greenwood Lakes
Homes for Sale in Lake Mary, FL

Greenwood Lakes Unit 2 1st Add sits in Seminole County's Lake Mary, a 136-home community built primarily in the 1980s with living areas that typically run in the mid-1,600-square-foot range.

Stellar MLS sales records identify 546 homes in Greenwood Lakes that have changed hands since 2004, built between 1978 and 2017 (median 1987), with a median living area of about 1,616 sq ft and a typical 3-bedroom, 2-bath layout; 86% 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.

County records show 12 qualified sales in Greenwood Lakes across 2024–2025 (4 in 2024, 8 in 2025), median $407,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

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.

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

In ZIP 32746, 246 homes are on the market and 30% are under contract — a steady corner of Lake Mary.

Across Seminole County, 1,646 homes are active and 585 pending (26% under contract).

In ZIP 32746 (Lake Mary), 647 homes closed in the last 12 months at a median of $422K ($231/sq ft), up 0.6% year over year, with a median 34 days on market. Right now 77 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.

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

The build timeline — 1979 to 2017 with a median of 1986 — tells you this is a mature, largely built-out community rather than one still absorbing new construction. Most homes will carry original systems and layouts unless a prior owner has updated them, so a buyer's due diligence should focus on roof age, HVAC, and kitchen/bath renovations rather than assuming turnkey condition across the board.

Median living area of 1,616 square feet points to modest, efficient floor plans typical of homes from this build era — not the sprawling layouts of newer subdivisions nearby. The community amenities field shows none identified from current MLS listings, so this reads as a straightforward residential street grid rather than an HOA-amenity community; buyers wanting a clubhouse or pool package should look elsewhere in Lake Mary.

In a community with a wide condition spread and no shared amenity package to standardize expectations, the value is in the property-level details — knowing which of the 136 homes have been updated and which haven't. We walk that comparison house by house rather than leaning on a neighborhood-wide assumption.

Listings in this community report association dues of about $11 per month — the median AssociationFee across 16 MLS records, normalised to a monthly figure; most are billed annually. 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.