2036 Lake View Ave, Oviedo, FL 32766

Description

Once-in-a-lifetime private compound opportunity in Chuluota, less than a mile from Lake Mills Park! Situated on 1.39 acres, gated and fully fenced with no HOA and A-5 zoning allowing for horses and/or livestock, this rare property offers 7 bedrooms, 5 bathrooms, 5,432 total living square feet, four separate living quarters, multiple permitted buildings, income potential, and a level of flexibility that almost never comes available for purchase in this area!
The main residence was built in 1971 and features 3 bedrooms and 2 bathrooms, with appliances installed in 2025, flooring installed in 2023 and 2024, a bathtub replaced in 2025, a new 2025 water heater, almost all windows replaced between 2020 and 2022, a 2015 roof, generator hookup, 2025/2026 paint, 2026 landscaping, and 2026 fence rehab and treatment. Connected to the main house by a long covered walkway is a separate building that includes two additional private living quarters with their own separate entrances and no interior access between them. One side offers a huge living area, 2 bedrooms, 1 bathroom, and a full kitchen, creating an ideal guest house, man cave, in-law suite, adult-child setup, or income-producing opportunity. The other side offers a private 1 bedroom, 1 bathroom living space with a kitchen and its own screened porch.
A fourth private living quarter is located in another detached building and includes a bedroom and bathroom, with the bathroom certified as a business bathroom and handicap accessible. This space does not include a full kitchen, but adds even more flexibility for extended family, guests, office use, studio space, or other creative needs.
Beyond the living quarters, the property includes a permitted 2024 building of approximately 450 square feet with a roll-up door and high ceilings, making it perfect for boat parking, equipment, storage, workshop space, or future possibilities. Toward the rear of the property is another large building, constructed and permitted in 2017, currently used as office, workshop, and utility space. For the savvy business owner who wants office or work space right outside the front door, this setup is incredibly compelling.
The property is supported by 3 septic tanks, 1 well, and 3 electric meters, giving the compound-style layout practical infrastructure to match its rare flexibility. Whether you are looking for a multi-generational family estate, a private rural retreat, income potential, space for horses or livestock, room for boats and equipment, or simply a property with separation, privacy, and options, this one stands apart.
Located about one mile from Lake Mills Park, a 50-acre Seminole County park with free public access, a public boat launch, fishing pier, picnic pavilions, playground, campground, and recreational access to Lake Mills. Enjoy a peaceful Chuluota setting while still being near Oviedo, UCF, major roadways, shopping, dining, and highly regarded Seminole County schools including Walker Elementary, Lawton Chiles Middle, and Hagerty High School.
Properties like this rarely come available. Four private living quarters, 1.39 acres, no HOA, A-5 zoning, multiple outbuildings, income potential, business/workshop flexibility, and proximity to Lake Mills Park all combine to create a truly unique opportunity.