1545 Palm WaySanford, FL 32773Price: $899,000

Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Seller is willing to SPLIT the property into two 5 acre parcels and sell separately. Tucked away at the end of a quiet street on nearly 10 fully fenced acres in Sanford, this one-of-a-kind stilt home property offers rare privacy, exceptional versatility, and outstanding equestrian potential. With expansive, usable acreage and no HOA, the land is ideal for horses, livestock, agricultural use, or a private farmstead-while still offering endless opportunities to build, expand, or invest. This property is zoned A-1 and may also be subdivided, presenting an excellent opportunity for future development, multi-generational living, or long-term investment. Live comfortably in the existing home while you build your dream estate, or enjoy the property as-is with room to grow. The front portion of the property is fully cleared and ready for a new home site, barns, paddocks, riding arena, or additional structures. The elevated stilt home features 2 bedrooms and 1 bathroom, plus an additional area that can easily be enclosed to create a third bedroom or flexible living space. Recent improvements include a 2022 roof, 2018 A/C, 2021 plumbing, and electrical panel. The elevated design offers peaceful views across the acreage, while the space below-previously used as a barn-provides excellent functionality for equestrian use, livestock, storage, or a workshop. Conveniently located just minutes from Sanford Airport, SR-417, shopping, dining, and everyday amenities, this property combines the freedom of acreage living with easy access to Central Florida conveniences. Whether you're seeking an equestrian property, private retreat, small farm, or land with development potential, this unique Sanford opportunity is ready to bring your vision to life.