1501 Lake Markham Rd, photo 1
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Overview

8 bd7 ba12,000 sqft6 car garageSingle Family
TypeSingle Family
HOANone listed
Built2004
Lot111,936 sqft
Living area12,000 sqft
Price / sqft$292
Garage6 car

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About this home

Cathedral Ceiling(s)Ceiling Fans(s)Central VaccumEat-in KitchenElevatorHigh CeilingsLiving Room/Dining Room ComboOpen Floorplan

1501 Lake Markham Rd is a 2004-built home in N/A, Sanford. Inside you'll find 8 bedrooms, 7 bathrooms, and 12,000 square feet of living space. Listed at $3,499,000 (about $292/sqft), 278 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

An extraordinary estate of rare distinction, Painted Dreams is a legacy property where timeless architecture meets resort-caliber living. Set along Lake Markham Road in Sanford, this remarkable residence spans over 12,000 square feet of air-conditioned living space and more than 17,000 square feet under roof. Poised on 2.5 private, park-like acres, the estate offers a rare blend of seclusion, scale, and possibility—just moments from the best of Central Florida. The impressive three-story main residence is designed for both refined living and grand entertaining. With eight bedrooms, six and a half baths, a private elevator, cinema, poker room, study/library, and a 590-bottle climate-controlled wine cellar, every space is curated for comfort and experience. Towering ceilings, expansive windows, and elegant travertine flooring create a light-filled grandeur, while solid 8-foot Brazilian mahogany doors and intricate millwork showcase exceptional craftsmanship. At its heart, the gourmet kitchen features granite countertops, dual islands, premium appliances, and a butler’s pantry, flowing seamlessly into a spectacular family room with 24-foot ceilings and floor-to-ceiling glass. A covered porte-cochère introduces a striking stained-glass entry, opening into a luminous foyer framed by formal living and dining spaces. The primary suite is a private sanctuary, complete with a fireplace, expansive walk-in closet, and spa-inspired bath with dual vanities, a soaking tub, and an oversized walk-in shower. The second level offers a theater, library, loft, game area with wet bar, and a 1,000+ square foot terrace overlooking the grounds. The third level adds guest accommodations, a spacious lounge, and another wet bar—ideal for extended stays. Outdoors, over 4,000 square feet of resort-style living surrounds the custom pool and spa, enhanced by app-controlled lighting and water features. A sprawling patio, cabana bath, and fully equipped outdoor kitchen create an exceptional setting for gatherings, while the porte-cochère and motor court provide a grand arrival. Across the full 2.5 acres, the property unfolds as a canvas of opportunity—whether a private compound, equestrian retreat, or boutique event or wedding venue. Lush lawns, mature landscaping, and multiple gathering areas create a natural flow for hosting both intimate and large-scale occasions. Automotive enthusiasts will appreciate the expansive motor court and detached six-car garage, with capacity for up to twelve vehicles using lifts, plus space for boats or RVs. Above the garage, a two-bedroom guest residence offers a full kitchen, fireplace, and multiple living areas, connected to the main home by a private bridge. Ideally located near Lake Sylvan Park, prestigious country clubs, and the attractions of Orlando, Painted Dreams is a rare opportunity to own one of Central Florida’s most captivating estates.

The essentials

Built
2004
Price / sqft
$292
On market
278 days
Annual tax
$18,016
Flood zone
X · Low risk
Lot
111,936 sqft
Type
Single Family Residence

At a glance

Single family
3 stories · 2004
Private pool
Gunite
6 car garage
Driveway
2.57 acres
Lot size
12,000 sqft
Living area

Payment

Est. monthly payment
$21,500/mo
Down payment (20%)
$699,800
Property taxes
$1,501/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2004
Lot
111,936 sqft
Cooling
Central Air
Heating
Central
Parking
Driveway, Garage Faces Side
Pool
Gunite, In Ground
Days on Market
278
Cathedral Ceiling(s)
Ceiling Fans(s)
Central Vaccum
Eat-in Kitchen
Elevator
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Wood Cabinets
Tray Ceiling(s)
Vaulted Ceiling(s)
Walk-in Closet(s)
Wet Bar
Window Treatments
Balcony
Outdoor Grill
Outdoor Kitchen
Storage
Bar Fridge
Built-in Oven
Convection Oven
Dishwasher
Gas Water Heater
Microwave
Refrigerator
Wine Refrigerator
Elementary
Wilson Elementary School
Middle
Markham Woods Middle
High
Seminole High

Districts can re-zone, so verify directly with the district before relying on these.

Homestead exemption on file Flood Zone X
Annual Tax (2024)
$18,016
Parcel #
35-19-29-300-0060-0000

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
N/A
County
Seminole
MLS Area
32771 - Sanford/Lake Forest
Lot Size
111,936 sqft
Corner LotLandscapedOversized LotSidewalkZoned for Horses

Price history

Date
Event
Price
9/9/2026
Price change
Source: Stellar MLS #O6371035
$3,499,000-1.4%
$292/sqft
-
Price change
Source: Stellar MLS #O6371035
$3,550,000-5.3%
$296/sqft
1/5/2026
Listed for sale
Source: Stellar MLS #O6371035
$3,750,000
$313/sqft

Neighborhood

1501 Lake Markham Rd
Sanford, FL, 32771 · 32771 - Sanford/Lake Forest

Market insights

Offer Insights

Choose an offer strength

List price: $3,499,000
$3.48M – $3.50M
99.5% – 100% of listTops out right at the list price
80% of listList price
157 of the last 286 home closings in 32771 landed at this number or higher (55%). The median one sat 37 days before it went under contract, and this one is on day 278 after a $251,000 cut.

Sample: 286 closed home sales in 32771 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

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Calculator

Est. monthly payment
$21,500/mo
Principal & interest$18,249
Property taxes$1,501
Insurance$1,750
Down payment20% · $699,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$3,499,000

$292 per sq ft

Beds and baths

8 beds, 7 baths

Size

12,000 sq ft

Time on market

278 days

Year built

2004

Monthly payment

About $21,500/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $18,016 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

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Brokered byTHE AGENCY FLListing agent: Brian HyserListing data from Stellar MLS, MLS# O6371035.

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