BAY LAKE RANCH -- Rural residential community of custom homes located between Kissimmee and Melbourne. Within 30 minutes of Lake Nona, Medical City and VA Hospital. Zoning allows horses and some farm animals. Popular area for individual new home construction. Several builders available to design your perfect home. This is not a new home subdivision -- this is an established community with individual lots ranging from one acre to 10 acres. Harmony Schools. Finance this home with a construction loan through the builder or purchase separately and build your own.