What's in this guide
Overview: What Is Announced
K. Hovnanian Homes is the builder. The company closed on a nearly 40-acre Sanford site for a reported 12.6 million dollars and plans 100 single-family homes on 75-by-120-foot estate lots, in a community it has named Palmetto Pointe.
Source: GrowthSpotter (Orlando Sentinel), 2025-07-30.The plan, per the reporting: five home models ranging from about 2,715 to 4,288 square feet with three to five bedrooms, including one plan with a separate first-floor living area, plus a community pool with a cabana. The builder expected to break ground within roughly six to eight weeks of the closing, with homes potentially completed during the following summer.
Source: GrowthSpotter (Orlando Sentinel), 2025-07-30.Quick Facts (All Sourced)
| Category | What is announced |
|---|---|
| Status | Coming Soon. No homes are for sale as of June 5, 2026. |
| Builder | K. Hovnanian Homes (land closed 2025) |
| Location | Near E. Lake Mary Boulevard between Orlando Sanford International Airport and Lake Jesup, Sanford, ZIP 32773 |
| County | Seminole County |
| Site | Nearly 40 acres, reported 12.6 million dollar purchase |
| Planned scale | 100 single-family homes on 75-by-120-foot estate lots |
| Product | Five models, 3 to 5 bedrooms, about 2,715 to 4,288 sq ft; one plan with separate first-floor suite |
| Announced amenities | Community pool with cabana (planned) |
Every row above comes from the sourced reporting cited on this page. Plans for unbuilt communities change. Treat all of it as announced intent, not a contract.
Location & Context
Palmetto Pointe sits south of the Orlando Sanford International Airport and just north of conservation land abutting Lake Jesup, near E. Lake Mary Boulevard in Sanford. The estate-lot positioning, on 75-by-120-foot homesites, is unusual for a corridor that has seen a wave of smaller-lot townhome plans recently.
Source: GrowthSpotter (Orlando Sentinel), 2025-07-30.The practical geography: the Lake Mary Boulevard corridor connects Sanford to I-4 and the Lake Mary employment cluster, and the area sits near Lake Jesup conservation land. Proximity to the airport is a convenience and a consideration depending on the exact lot; walk the site and check the flight paths before you commit.
For the surrounding Seminole County and north Orlando context, start here:
What Is Planned
What has been announced for Palmetto Pointe: 100 single-family homes on 75-by-120-foot estate lots, five models of three to five bedrooms ranging from about 2,715 to 4,288 square feet, one plan offering a separate first-floor living suite, and a community pool with a cabana.
Source: GrowthSpotter (Orlando Sentinel), 2025-07-30.No pricing has been published by the builder as of June 5, 2026. The builder expected to break ground within weeks of the 2025 land closing, with completions potentially in the following summer; treat those as targets until the sales office opens.
Source: GrowthSpotter (Orlando Sentinel), 2025-07-30.Taxes & Costs Context
You cannot compute a real tax bill for a home that does not exist yet, but you can frame the county math now.
Palmetto Pointe sits in the Sanford area of Seminole County, so a buyer should expect city or county plus school plus any applicable district millage depending on the exact municipal boundary. For context, the Seminole County figure in our FY2025-26 millage file is a typical total of about 15.18 mills, and actual parcel totals vary by municipality and taxing district, so treat it as a planning number, not a quote.
Source: Momentum Realty millage file (FY2025-26, seeded from county property appraisers and Florida TaxWatch county averages), plus our Seminole County property tax guide.Estate-lot communities of this size commonly carry HOA dues for shared amenities like the planned pool and cabana. Nothing has been published for Palmetto Pointe yet, so we are not quoting a number. When the builder publishes HOA figures, they will appear here with a source.
The structural note that applies to every new build: the first-year tax bill is often assessed on land value only, then resets to the full improved value the following year. On larger estate homes, that second-year jump is meaningful. Budget the second-year number.
Schools
The site is inside the Seminole County Public Schools district. School assignment for a brand-new address is set by the district and can change as boundaries are redrawn, so confirm the assignment for a specific address with the SCPS school locator rather than relying on third-party estimates this early.
The Timeline
This is the dated record of how Palmetto Pointe has moved from announcement toward opening. It grows as facts land.
- 2022K. Hovnanian originally filed plans for the 100-lot community called Palmetto Pointe, per the reporting. Source: GrowthSpotter (Orlando Sentinel), 2025-07-30.
- July 2025K. Hovnanian closes on the nearly 40-acre Sanford site for a reported 12.6 million dollars and decides to build homes for sale; groundbreaking expected within roughly six to eight weeks, with completions potentially the following summer. Source: GrowthSpotter (Orlando Sentinel), 2025-07-30.
As of June 5, 2026 the builder has closed on the land and signaled a near-term groundbreaking. New-community timelines move; treat dates as targets until models open.
Palmetto Pointe is pre-opening, which is exactly when information is scarcest and decisions are hardest. Drop your details and we will send updates as the builder publishes pricing, floor plans, HOA figures, and opening dates, and we will connect you with an agent who works for you, not the builder. No obligation, no spam.
Frequently Asked Questions
What is Palmetto Pointe?
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Does Palmetto Pointe have an HOA?
Should I use my own agent for a new build at Palmetto Pointe?
Related Reading
If you are watching Palmetto Pointe, these are the most useful pages to read alongside it: