One of the last undeveloped pieces of residential property in Lake Mary is going from a pasture to a neighborhood called Steeple Chase.
The property on Lake Mary Boulevard, just across from Heathrow, has a number of homes move-in ready as building continues. In keeping with the area's upscale tenor, the homes start at $700,000 and go as high as twice that amount.
The land was bought by and is being developed by Taylor Morrison, which has over 20 residential projects in various stages of readiness in the Orlando area. The expanse, which just a year ago had horses and cattle on it, is now a gated community with winding roads.