Reserve At Heathrow
Homes for Sale in Lake Mary, FL

Reserve At Heathrow market snapshot (as of September 12, 2026): the median sale price is about $1.42M ($310 per sq ft over the trailing 12 months of closed sales), and a median 13 days on market for closed sales.

In ZIP 32746 (Lake Mary), 650 homes closed in the last 12 months at a median of $422K ($231/sq ft), up 0.8% year over year, with a median 34 days on market. Right now 75 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.

Stellar MLS sales records identify 20 homes in Reserve At Heathrow that have changed hands since 2007, built between 2000 and 2007 (median 2002), with a median living area of about 4,386 sq ft and a typical 5-bedroom, 4.5-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.

Reserve At Heathrow is a small, established gated enclave of 96 large homes in Lake Mary, built in the early-to-mid 2000s. The very high homestead share — near 89% — tells you this is a stay-put, owner-occupied community rather than a rental or turnover play.

The defining trait here is square footage. With a median near 4,005 square feet and a build range concentrated in 2000–2007, the housing stock is remarkably consistent in vintage and scale. That consistency is useful: it makes comparables cleaner. But it also means the swing factor is condition, not floor plan or age. A home that has been renovated versus one still wearing its original finishes will justify very different pricing against the same $310-per-square-foot midpoint.

The homestead share near 89% points to a community that holds its owners. Low turnover in a 96-home pool means inventory is thin and closings come in a small window, which is exactly why days on market read short. Thin supply plus quick absorption is a seller's tailwind — but it cuts both ways for buyers, who should have financing and inspection resources lined up before they tour, because hesitation costs opportunities here.

In a small, low-turnover community where price hinges on condition rather than size, the analysis that matters is comparing renovated versus original homes at the same square footage — and pacing an offer to a market that moves in under two weeks. That is where we earn our keep: reading the true spread around the median, judging condition against price, and getting you positioned before the well-priced listings clear.

Listings in this community report association dues of about $119 per month ($1,428 a year) — the median AssociationFee across 8 MLS records, normalised to a monthly figure; most are billed quarterly. 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.