Lake Wayman Heights in Longwood
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Built fromLive Stellar MLS data20 years of closingsUpdated twice daily

As of October 2026, Lake Wayman Heights in Longwood, FL has 1 home for sale. Homes listed or recently sold were built 1957 - 2016; 3 listings state no HOA; none of the 6 geocoded homes sit in a FEMA special flood hazard zone (median elevation 78 ft).

Lake Wayman Heights key facts
LocationLONGWOOD, Seminole County, FL · ZIP 32750
Home types (current listings and sales)single-family 83%, half duplex 17%
Amenities listed by sellersSecurity Lights
For sale right now1 active, 2 pending · median asking $295,000 · 3.0 months of supply

Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2006 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Lake Wayman Heights key facts,” movewithmomentum.com/neighborhoods/lake-wayman-heights-longwood, data as of September 20, 2026.

Live · Lake Wayman Heights Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
3.0mo
Supply
3 to 6 months is the balanced band
67%
Under contract
Seminole: 25% (570 of 2,246)
1 · 2
For sale · pending
live counts, refreshed twice daily
1
Sold · last 12 mo
10-yr average: about 3 a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Lake Wayman Heights sits in a build cycle that spans nearly a century, from 1930 to 2024, with a median year built of 1972. That spread matters more than any single stat here: pricing in this community is driven almost entirely by condition and update level rather than location within the neighborhood. Two homes on the same street can sit worlds apart in ask once you account for renovation history.

With only 3 active listings against 577 total homes and a 36-month supply figure, this is a market defined by scarcity of current offerings but very slow absorption when measured against recent closing activity. That combination reads buyer-leaning on paper, but in practice it means buyers have very few live choices at any given moment, and sellers who do list should expect a longer runway to close rather than a fast turnaround.

Lake Wayman Heights Housing Pulse · Momentum Research · as of September 20, 2026

Lake Wayman Heights right now

🟡 Balanced market. 3.0 months of supply and 67% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of September 20, 2026. Confidence: Low (3 active and pending listings, 1 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated October 5, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Lake Wayman Heights is a long-established Longwood pocket where most homes were built well before recent construction cycles, and a homestead share of 57.6% points to a base of longer-term ownership rather than frequent turnover.

Stellar MLS sales records identify 86 homes in Lake Wayman Heights that have changed hands since 2004, built between 1950 and 2016 (median 1971), with a median living area of about 1,353 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.

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.

Best for

  • Buyers who want an established Longwood lot and are prepared to evaluate each home's condition individually given the wide build-year range.
  • Buyers with a long resale horizon who are not concerned about a fast future turnaround given the current supply level.
  • Buyers focused on a smaller, more efficient floor plan near the 1,427 sq ft median rather than a larger footprint.

Probably not for

  • Buyers who want on-site community amenities as part of the package, since none are currently identified in this community.
  • Buyers expecting a wide field of active listings to compare, given only 3 are currently on the market.
  • Sellers or buyers who need a quick transaction timeline, given the 36-month supply reading.

The market around Lake Wayman Heights

Lake Wayman Heights is too small for its own price trend, so here is the market around it.

In ZIP 32750, 105 homes are on the market and 29% are under contract — a steady corner of Longwood.

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

In ZIP 32750 (LONGWOOD), 313 homes closed in the last 12 months at a median of $431K ($237/sq ft), down 1.5% year over year, with a median 31 days on market. Right now 34 active and 12 pending listings put supply at about 3.3 months - a balanced market. See the live ZIP 32750 housing market and the Seminole County market.

ZIP and county figures describe the wider market, not Lake Wayman Heights specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Lake Wayman Heights, LONGWOOD

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 3 listings
Distress share trend - 0.0% now (2026-08-12 → 2026-09-24)

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.

Homes For Sale Right Now in Lake Wayman Heights

Live MLS inventory for Lake Wayman Heights. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Lake Wayman Heights listings as of 2026-09-30, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2006 through 2026. Tap any home to ask about it.

Every Home for Sale in Lake Wayman Heights Longwood Right Now (3)

All 3 active and pending Lake Wayman Heights Longwood listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 637 Pasadena Avenue · $295,000 · 4 bd / 2 ba · pending · listed Sep 10, 2026 · listed by Exp Realty Llc
  • 559 E Magnolia Avenue · $435,000 · 4 bd / 2 ba · pending · listed Sep 8, 2026 · listed by Members Realty, Llc
  • 638 & 640 E Palmetto Avenue · $285,000 · 3 bd / 2.5 ba · pending · listed Sep 4, 2026 · listed by Charles Rutenberg Realty Orlando

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

Schools

In short
  • Seminole County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Longwood Elementary · Elementary
  • Milwee Middle · Middle
  • Winter Springs High · High

Zoned schools reflect the assignments reported on recent Lake Wayman Heights listings and can change; always confirm with Seminole County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Lake Wayman Heights address.

Recent Developments in Lake Wayman Heights

Development, infrastructure, retail, and school activity affecting Lake Wayman Heights, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.

Dev Momentum57/100 · Active
  1. July 2026
    Retail & Dining

    Seminole Towne Center set for 700 million dollar redevelopment with Costco

    Ardent Companies is redeveloping the Seminole Towne Center in Sanford in a project valued around 700 million dollars, described as the largest commercial redevelopment in Seminole County history. Plans include the largest Costco in Central Florida at over 156,000 square feet, about 300 apartments, and new retail. Demolition was scheduled for July 2026 with the Costco expected to open in early 2027.

    What it may mean for the marketConverts a long dormant mall site into a mixed use center anchored by a large format Costco, new retail, and about 300 apartments, reshaping a major Seminole County commercial node. The project is about 18 miles north of Lake Wayman Heights, elsewhere in Seminole County.

    Source: WFTV
  2. June 2026
    Development

    Mixed-use high-rise redesigned for 924 and 934 North Magnolia Avenue

    A redesigned 17-story mixed-use high-rise was proposed for 924 and 934 North Magnolia Avenue in Orlando's North Quarter district by Acram Group. The project would include 350 residential units, about 3,300 square feet of ground-floor commercial space, and a parking garage with 510 spaces, replacing two 1972 office buildings. A public plaza is planned at the corner of Magnolia and Weber Street.

    What it may mean for the marketWould replace two aging office buildings with 350 residences, ground floor retail, and structured parking, adding housing density and a public plaza along the Orlando Urban Trail. The site is less than a mile northwest of Lake Wayman Heights.

    Source: Florida YIMBY
  3. June 2026
    Development

    Planning board approves zoning for 37-story tower at 170 East Washington Street

    Orlando's Municipal Planning Board voted to approve a Planned Development amendment for a 37-story, 425-foot mixed-use tower at 170 East Washington Street across from Lake Eola Park. The project would include 252 residential units, a 221-room hotel, a three-story restaurant, and structured parking. It still requires City Council consideration before construction.

    What it may mean for the marketWould add a 37 story tower with 252 residences and a hotel to the downtown skyline, replacing a prior approval for a 7 story hotel and increasing high density housing and parking supply. The site is less than a mile southwest of Lake Wayman Heights.

    Source: Florida YIMBY

Development alerts for Lake Wayman HeightsGet a short monthly email when something new is approved, funded, or opens near Lake Wayman Heights.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Lake Wayman Heights 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 Lake Wayman Heights.

Best Buy
Buyers comfortable evaluating condition and update history on a home-by-home basis rather than leaning on neighborhood amenities.
Biggest Risk
A 36-month supply figure signals a slow-moving market where a resale timeline should be planned in years, not weeks.
Sweet Spot
Homes near the 1,427 sq ft median that have been updated, appealing to buyers who want an established lot without a large-scale renovation project.
Avoid If
You are relying on community amenities as part of the purchase decision, since none are currently identified here.

A Small, Slow-Moving Pocket of Longwood

The math here is straightforward: 577 homes, only 3 currently active, and a months-supply reading of 36 based on the most recent closing window. That is a wide gap between total housing stock and what actually comes to market, which is consistent with a homestead share above half - a lot of these owners are not selling, and the ones who do list are not competing with a deep bench of comparable inventory.

Median living area sits at 1,427 square feet, on the smaller side for the broader Longwood/Seminole County market, and the year-built spread from 1930 to 2024 with a median of 1972 tells you this is largely a mid-century footprint with some newer infill. No community amenities were identified from current MLS listings, so whatever draws a buyer here is going to be the lot, the structure, or the location itself - not a clubhouse or pool package.

“

The location and the amenities are priced into every listing in Lake Wayman Heights. 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 active inventory this thin, timing and access matter more than usual. We track listings the moment they hit the feed, help you underwrite condition against a build range that stretches nearly a century, and make sure an offer accounts for the real absorption pace rather than assumptions carried over from faster-moving communities nearby.

Lake Wayman Heights in 15 seconds.

Best forBuyers comfortable evaluating condition and update history on a home-by-home basis rather than leaning on neighborhood amenities.
Biggest advantageVery limited competition among active listings means less bidding pressure when something does come available.
Biggest riskA 36-month supply figure signals a slow-moving market where a resale timeline should be planned in years, not weeks.
Sweet spotHomes near the 1,427 sq ft median that have been updated, appealing to buyers who want an established lot without a large-scale renovation project.
Avoid ifYou are relying on community amenities as part of the purchase decision, since none are currently identified here.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Lake Wayman Heights homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Lake Wayman Heights.
In short
  • HOA status not on record. Verify any dues before you offer
  • 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 Lake Wayman Heights sales matched to your home.

What is your Lake Wayman Heights home worth?

Get a no-obligation home value based on real comparable sales in Lake Wayman Heights, 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 Longwood →

Real comps, not an automated estimate.

Recently off market in Lake Wayman Heights

Homes in Lake Wayman Heights 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. 1 on record.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Seminole County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,462/mo
Seminole County typical true cost to own
$131/mo
Seminole County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

How much local inventory is already under contract

27% of homes for sale in ZIP 32750 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-04).

Frequently Asked Questions

Is Lake Wayman Heights a buyer's or seller's market right now?
As of September 20, 2026, Lake Wayman Heights is roughly balanced: 3.0 months of supply at the current sales pace (Stellar MLS live counts).
Who is the best real estate agent for Lake Wayman Heights?
The best agent for Lake Wayman Heights is one who actively works Longwood 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 Lake Wayman Heights.
How do I find a top Longwood real estate agent who knows Lake Wayman Heights?
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 Lake Wayman Heights and the wider Longwood area.
Can Momentum Realty connect me with an agent for Lake Wayman Heights?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Lake Wayman Heights purchase or sale - no call center and no pressure.
Where is Lake Wayman Heights, and what county is it in?
Lake Wayman Heights is in LONGWOOD, Seminole County, FL, ZIP 32750.
Buyers who want an established Longwood lot and are prepared to evaluate each home's condition individually given the wide build-year range.Excellent fit
Buyers with a long resale horizon who are not concerned about a fast future turnaround given the current supply level.Excellent fit
Buyers focused on a smaller, more efficient floor plan near the 1,427 sq ft median rather than a larger footprint.Excellent fit
Buyers who want on-site community amenities as part of the package, since none are currently identified in this community.Probably not
Buyers expecting a wide field of active listings to compare, given only 3 are currently on the market.Probably not
Sellers or buyers who need a quick transaction timeline, given the 36-month supply reading.Probably not

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 30, 2026)
Under-contract sharesStellar MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2006 (47 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 local comps.

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CallFree valuation →
Thinking of selling in Lake Wayman Heights? 1 recorded closings (window ending 2026-09-20). 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.

Nearby Communities

Explore more neighborhoods near Lake Wayman Heights with Momentum Realty’s local guides.

LPLongwood Pine0.1 mi away · 72 homes, built 1930–20, 1 for saleKKincaid0.2 mi away · median $200K, 3 sales/12 moMMeusers0.2 mi away · 64 homes, built 1930–19, 1 for saleWildmere0.2 mi away · median $235K, 5 sales/12 moLake Wayman Heights Lake0.2 mi away · median $306K, 4 sales/12 moCiara Creek Executive Centre0.2 mi away · 2 for saleHunt Indust Park0.2 mi awayCentral Park0.2 mi away · 1 for sale

Browse all neighborhood guides →

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