Cape Orlando Estates (Wedgefield) in Orlando

Cape Orlando Estates
at Wedgefield Homes for Sale

Wedgefield · Far East Orange · ZIP 32833

Far east Orlando's large-lot, golf and equestrian community.

Large lotsPublic golf courseRural pace

Live Market Pulse

50/100
Momentum

Buyer-Leaning Market

Lots run large and many parcels are acreage, so the read is the parcel, the zoning, and the well and septic picture as much as the house.

Free · No obligation

Unlock Off-Market Cape Orlando Estates

Listings before the portals, true comps, and the renovation and carrying-cost math, before you tour.

Built fromLive Stellar MLS data14 years of closingsLocal renovation analysisUpdated twice daily

LiveMarket PulseStellar MLS

$737K

Median Price

4.1mo

Supply

95days

Avg DOM

Soft

Seller Leverage

$274/sf

Median $/Sqft

n/a

1-Yr Price Change

0now

Distress

Jon's Current Read

"Cape Orlando Estates is the platted core of Wedgefield, a community that began in 1963 as the speculative Rocket City and was reborn as a golf and equestrian community in the 1980s. The buy here is space and pace: large lots, a public course, and a rural feel a long drive from the urban core. The trade is commute and infrastructure, so read the parcel, utilities, and flood map first."

Jon Brooks, founder, Momentum Realty · Updated June 2026

The 60-Second Overview

Cape Orlando Estates (Wedgefield) market snapshot (as of June 24, 2026): the median sale price is about $737K ($274 per sq ft), with homes averaging 95 days on market and 4.1 months of supply, a buyer-leaning market. Based on 65 recent closings in live Stellar MLS data.

Cape Orlando Estates is the residential plat that makes up most of Wedgefield, an unincorporated community in far east Orange County off State Road 520, ZIP 32833. The area was first marketed in 1963 as Rocket City, planned for space-program workers, then revived and rebranded as a golf and country club community in the early 1980s (OCFL, 2021).

Homes sit on notably large lots, with many acreage parcels, giving the community a rural, low-traffic, equestrian-friendly character uncommon this close to Orlando. The Wedgefield Golf Club, a public 18-hole course, anchors the community.

The honest trade-off is location and infrastructure: Wedgefield is a long drive from the urban core, some parcels use well and septic, and parts of the area carry flood considerations, so the parcel and its utilities matter as much as the house.

Quick Match

Who Cape Orlando Estates is best for.

Best for

Buyers who want a large lot or acreage with room for a workshop, RV, or horses
Golfers who want a public course at the doorstep
Buyers who prefer a rural, low-traffic pace inside Orange County
Space Coast and east-side commuters who value the SR-520 access

Probably not for

Buyers who want a short commute to downtown or the tourist corridor
Those who want a walkable, amenity-dense master plan
Buyers unwilling to evaluate well, septic, and flood considerations
Anyone who needs new construction at scale with a builder warranty

Market Pulse

How Cape Orlando Estates is performing right now

50/100
momentum

Buyer-Leaning Market

Seller's marketBalancedBuyer's market

4.1Months of supplytight

71Median days on marketdays

7 : 22Under contract vs for salestrong demand

65Sold in last 12 monthsliquidity

+127%Median price since 2012appreciation

-2%Asking vs recent sold $/sqftroom to negotiate

Tight supply and strong demand favor sellers here. Homes still take about two months to sell, though, and with asking prices running above recent sales per square foot, a prepared buyer has room on anything overpriced. Reading each home against the real comps, not the headline trend, is where the edge is.

Live from Stellar MLS, as of June 24, 2026. Refreshed twice daily. Months of supply, days on market, and the contract-to-listing ratio are computed from current Cape Orlando Estates listings and the trailing twelve months of closed sales.

Where prices are going$850K2026 YTD

Median sale price by year. Tap a label to compare EverBe or Orlando. The 1-year price change is the median sold price over the most recent year versus the prior year, the same measure most listing sites and local Realtor reports use. It reflects the mix of homes that sold, not the change in any single home's value, which is why median price per square foot is shown alongside it to adjust for home size. In thinly traded neighborhoods, where a sale or two can swing the median, we lead with the mix-resistant price-per-square-foot trend instead.

Price per square foot$3072026 YTD

Median $/sqft by year. 2026 is year to date.

Supply and demand now22 : 7active : pending

For sale22

Pending7

Sold 12mo65

Active and pending listings now vs homes sold in the last 12 months.

8.6A- score

Momentum intelligence

Momentum buy score

Our proprietary read on how a home in Cape Orlando Estates (Wedgefield) buys, holds, and resells. See the five factors.

Homes For Sale Right Now in Cape Orlando Estates

Live MLS inventory for Cape Orlando Estates (Wedgefield). Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

5700 Bancroft Boulevard home for sale in Cape Orlando Estates (Wedgefield)

Active · 43 daysTop listing

$1,350,000

4 bd · 3 ba · 3,417 sqft · built 2023

5700 Bancroft Boulevard, ORLANDO, 32833

Renovated

Listed by CENTURY 21 MCBRIDE REALTY GROUP

3509 Coronet Avenue home for sale in Cape Orlando Estates (Wedgefield)

Active · 70 days

$1,255,000

4 bd · 4 ba · 4,344 sqft · built 2018

3509 Coronet Avenue, ORLANDO, 32833

Listed by PREMIER SOTHEBYS INT'L REALTY

5920 Edgerton Avenue home for sale in Cape Orlando Estates (Wedgefield)

Active · 1 days

$1,150,000

4 bd · 2.5 ba · 5,475 sqft · built 2006

5920 Edgerton Avenue, ORLANDO, 32833

Reno opportunityBest value

Listed by PREMIER SOTHEBYS INT'L REALTY

19119 Palmland Street home for sale in Cape Orlando Estates (Wedgefield)

Active · 11 days

$1,125,000

4 bd · 3.5 ba · 3,297 sqft · built 2026

19119 Palmland Street, ORLANDO, 32833

Listed by EXP REALTY LLC

3115 Cavalier Avenue home for sale in Cape Orlando Estates (Wedgefield)

Active · 30 days

$865,000

4 bd · 3 ba · 2,741 sqft · built 2024

3115 Cavalier Avenue, ORLANDO, 32833

Listed by EXP REALTY LLC

18965 Sheldon Street home for sale in Cape Orlando Estates (Wedgefield)

Active · 111 days

$820,000

4 bd · 4 ba · 2,559 sqft · built 2024

18965 Sheldon Street, ORLANDO, 32833

Listed by IRON VALLEY REAL ESTATE CENTRAL FLORIDA

20796 Quinn Street home for sale in Cape Orlando Estates (Wedgefield)

Active · 367 days

$799,900

5 bd · 3 ba · 2,888 sqft · built 2016

20796 Quinn Street, ORLANDO, 32833

Listed by LIVELY REAL ESTATE

4509 Dallas Boulevard home for sale in Cape Orlando Estates (Wedgefield)

Active · 3 days

$799,900

4 bd · 3 ba · 2,824 sqft · built 2026

4509 Dallas Boulevard, ORLANDO, 32833

Strong resaleLakefront

Listed by EXP REALTY LLC

18711 Northcliff Street home for sale in Cape Orlando Estates (Wedgefield)

Active · 120 days

$795,000

4 bd · 3 ba · 2,717 sqft · built 1991

18711 Northcliff Street, ORLANDO, 32833

Strong resaleRenovatedLakefront

Listed by COLDWELL BANKER REALTY

2943 Decker Avenue home for sale in Cape Orlando Estates (Wedgefield)

Active · 300 days

$779,900

4 bd · 3 ba · 2,700 sqft · built 2026

2943 Decker Avenue, ORLANDO, 32833

Renovated

Listed by SIERRA REALTY GROUP LLC

18843 Sabal Street home for sale in Cape Orlando Estates (Wedgefield)

Active · 73 days

$775,000

5 bd · 3 ba · 3,110 sqft · built 2004

18843 Sabal Street, ORLANDO, 32833

RenovatedBest value

Listed by UPWELL REALTY LLC

18806 Seaview Street home for sale in Cape Orlando Estates (Wedgefield)

Active · 100 days

$759,999

4 bd · 3.5 ba · 2,918 sqft · built 2025

18806 Seaview Street, ORLANDO, 32833

Reno opportunityBest value

Listed by EXP REALTY LLC

20500 Quinella Street home for sale in Cape Orlando Estates (Wedgefield)

Active · 68 days

$725,000

3 bd · 3.5 ba · 2,232 sqft · built 2019

20500 Quinella Street, ORLANDO, 32833

Listed by FLORIDA REALTY INVESTMENTS

19562 Majestic Street home for sale in Cape Orlando Estates (Wedgefield)

Active · 50 days

$719,000

4 bd · 3 ba · 3,608 sqft · built 1996

19562 Majestic Street, ORLANDO, 32833

Reno opportunityBest value

Listed by REAL BROKER, LLC

19022 Mardi Gras Street home for sale in Cape Orlando Estates (Wedgefield)

Active · 122 days

$690,000

4 bd · 3 ba · 2,927 sqft · built 2026

19022 Mardi Gras Street, ORLANDO, 32833

Reno opportunityBest value

Listed by BEYCOME OF FLORIDA LLC

3110 Carnegie Avenue home for sale in Cape Orlando Estates (Wedgefield)

Active · 202 days

$688,000

4 bd · 3 ba · 2,927 sqft · built 2025

3110 Carnegie Avenue, ORLANDO, 32833

Reno opportunityBest value

Listed by BEYCOME OF FLORIDA LLC

19041 Mardi Gras Street home for sale in Cape Orlando Estates (Wedgefield)

Active · 1 days

$688,000

4 bd · 3 ba · 2,927 sqft · built 2025

19041 Mardi Gras Street, ORLANDO, 32833

Reno opportunityBest value

Listed by BEYCOME OF FLORIDA LLC

19269 Sheldon home for sale in Cape Orlando Estates (Wedgefield)

Active · 32 days

$675,000

3 bd · 2 ba · 2,247 sqft · built 2025

19269 Sheldon, ORLANDO, 32833

Listed by RESIHOME LLC

19509 Sheldon Street home for sale in Cape Orlando Estates (Wedgefield)

Active · 183 days

$674,999

5 bd · 3 ba · 2,606 sqft · built 2003

19509 Sheldon Street, ORLANDO, 32833

Reno opportunityBest value

Listed by ROYAL REALTY PROPERTIES

20421 Netherland Street home for sale in Cape Orlando Estates (Wedgefield)

Active · 75 days

$650,000

5 bd · 3.5 ba · 3,312 sqft · built 1999

20421 Netherland Street, ORLANDO, 32833

Strong resaleReno opportunityBest value

Listed by UNITED REAL ESTATE PREFERRED

19420 Ortega Street home for sale in Cape Orlando Estates (Wedgefield)

Active · 13 days

$595,000

5 bd · 3 ba · 2,307 sqft · built 2025

19420 Ortega Street, ORLANDO, 32833

Reno opportunityBest value

Listed by COLDWELL BANKER REALTY

2405 Abalone Boulevard home for sale in Cape Orlando Estates (Wedgefield)

Active · 107 days

$460,000

4 bd · 3 ba · 2,513 sqft · built 1994

2405 Abalone Boulevard, ORLANDO, 32833

Reno opportunityBest value

Listed by COLDWELL BANKER REALTY

3302 Coronet Avenue home for sale in Cape Orlando Estates (Wedgefield)

Pending · 155 days

$1,275,000

5 bd · 5 ba · 5,984 sqft · built 2002

3302 Coronet Avenue, ORLANDO, 32833

Reno opportunityBest value

Listed by VITAL REALTY GROUP INC

19345 Mardi Gras Street home for sale in Cape Orlando Estates (Wedgefield)

Pending · 46 days

$1,150,000

6 bd · 5.5 ba · 4,635 sqft · built 2007

19345 Mardi Gras Street, ORLANDO, 32833

Reno opportunityBest value

Listed by EXP REALTY LLC

3230 Cavalier Avenue home for sale in Cape Orlando Estates (Wedgefield)

Pending · 3 days

$985,000

4 bd · 3.5 ba · 3,214 sqft · built 2024

3230 Cavalier Avenue, ORLANDO, 32833

Pool

Listed by HAMPTON WINDSOR REALTY LLC

6032 Edgerton Avenue home for sale in Cape Orlando Estates (Wedgefield)

Pending · 12 days

$914,990

4 bd · 4 ba · 3,516 sqft · built 2023

6032 Edgerton Avenue, ORLANDO, 32833

Reno opportunityBest value

Listed by G FIRST REALTY LLC

19814 Moorgate Street home for sale in Cape Orlando Estates (Wedgefield)

Pending · 201 days

$615,000

4 bd · 2 ba · 2,504 sqft · built 1994

19814 Moorgate Street, ORLANDO, 32833

Strong resaleReno opportunityBest value

Listed by CENTURY 21 BEGGINS ENTERPRISES

2797 Babbitt Avenue home for sale in Cape Orlando Estates (Wedgefield)

Pending · 20 days

$415,000

4 bd · 2.5 ba · 2,313 sqft · built 2005

2797 Babbitt Avenue, ORLANDO, 32833

Reno opportunityBest value

Listed by KELLER WILLIAMS REALTY AT THE PARKS

20733 Melville Street home for sale in Cape Orlando Estates (Wedgefield)

Pending · 37 days

$240,000

4 bd · 2 ba · 1,738 sqft · built 1985

20733 Melville Street, ORLANDO, 32833

Reno opportunityBest valuePool

Listed by PROPERTY MARKETERS LLC

Active and pending Cape Orlando Estates listings as of 2026-06-24, priced high to low. Listings courtesy of Stellar MLS as distributed by MLS GRID.. Tap any home to ask about it.

Interactive Map

Cape Orlando Estates on the map.

Every active, pending, and recently sold home, plotted. Toggle the layers, color the dots by status or lot type, and tap a home for the details.

Listing locations from Stellar MLS; lot type inferred from listing descriptions. Destination pins are approximate. Map data © OpenStreetMap, tiles © CARTO. Flood, school, and commute overlays are on the roadmap.

The Club & Membership

15-Second Take

Optional, member-owned club, separate from the POA
~$30M renovation underway, 2026 to 2028
18-hole course, clubhouse, pool, 10 clay courts
Strong value vs Ponte Vedra clubs
Budget the membership separately from the home

Wedgefield traces to 1963, when the All-State Development Corporation marketed a 20,000-acre project called Rocket City for space-program workers; the developer collapsed by the mid-1960s, and the community was revived and rebranded around a golf and country club in the early 1980s (Orange County Government newsroom, 2021). Today Cape Orlando Estates is the residential plat at its center: large lots, an equestrian-friendly pace, and the public Wedgefield Golf Club on Maxim Parkway. It is unincorporated Orange County, served by Orange County Public Schools.

Nearby & Commute

How far is everything?

The takeaway

Wedgefield trades a longer commute for space: the airport and the Space Coast are reachable, downtown is a real drive.

Drive times from Wedgefield. The far-east location favors Space Coast and airport access over downtown proximity.

Wedgefield Golf Club~3 min · On Maxim Parkway

Orlando International Airport (MCO)~25-30 min · via SR-528

Downtown Orlando~30-35 min · via SR-50 or SR-408

Cocoa and the Space Coast~30 min · via SR-520

Avalon Park and Waterford Lakes~20 min · shopping and dining

Cocoa Beach~45 min · Atlantic beaches

Drive times are approximate and vary with traffic and your exact departure point. Confirm your real commute at your real departure time.

Nearby Communities

Explore more neighborhoods near Cape Orlando Estatesat Wedgefield with Momentum Realty’s local guides.

WEDGEFIELDOrlando, FL · 2.4 mi

BithloOrlando, FL · 2.9 mi

Rocket CityOrlando, FL · 3.4 mi

CHRISTMAS GARDENS 02Christmas, FL · 4.6 mi

CHRISTMAS GARDENS 2Christmas, FL · 4.6 mi

CHRISTMAS HEIGHTSChristmas, FL · 4.6 mi

CHRISTMAS PARKChristmas, FL · 4.6 mi

CHRISTMAS PARK FIRST ADDChristmas, FL · 4.6 mi

CHRISTMAS PINES REPChristmas, FL · 4.6 mi

Browse all Florida neighborhood guides →

Carrying cost · the no-CDD edge

No CDD bond means thousands less per year than newer master plans.

Typical CDD community~$2,500/yr

Cape Orlando Estates (no CDD)$0/yr

Roughly $25,000 saved over 10 years in carrying cost, before resale.

Illustrative. NE Florida CDD assessments commonly run $1,500-$3,500+/yr and vary by community; verify per property.

Schools

15-Second Take

Orange County Public Schools
Verify the zoned schools by address
Magnet and choice options may be available
Confirm current ratings before relying on them
Private and parochial options nearby

Cape Orlando Estates is served by Orange County Public Schools. Assignment is by address and can change, so confirm the exact zoned elementary, middle, and high schools for any specific home, plus any magnet or choice options. Treat published ratings as a starting point, not the full story.

Buying with schools in mind? We can confirm the exact zoned schools for any Cape Orlando Estates address.

The takeaway

What actually shapes value in Wedgefield: the area's history, its large-lot character, and far-east-Orange growth pressure. Each item is sourced.

Recent Developments in Cape Orlando Estates (Wedgefield)

Development Intelligence

Our read on what is being built around Cape Orlando Estates, scored for direction, significance, and how close the effect lands. The full sourced timeline follows below.

Net OutlookBullishThe large-lot scarcity and east-side growth point steady. The watch items are commute times and parcel-level flood and utility factors.

Established golf and equestrian community

Ongoing

BullishNotable impact

SignificanceRadius: Community

A distinct large-lot, rural-pace identity is scarce in Orange County and supports steady demand.

Public Wedgefield Golf Club on site

Ongoing

BullishNotable impact

SignificanceRadius: On-site

An on-site public course is an amenity without a mandatory membership cost.

Far-east commute and SR-520 access

Ongoing

NeutralNotable impact

SignificanceRadius: Regional

The location trades a longer commute for space and price; confirm your own drive time.

Parcel-level flood and utility factors

Ongoing

BearishNotable impact

SignificanceRadius: Parcel

Flood zones and well and septic vary by parcel and must be confirmed before any offer.

Direction, significance, and effect-radius ratings are Momentum's proprietary, qualitative read of the sourced items below, not investment advice or a prediction for any specific home.

Development, infrastructure, retail, and school activity affecting Cape Orlando Estates (Wedgefield), tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated June 2026.

Showing the latest, scroll for all updates ↓

April 2021
History
Orange County recounts Wedgefield's boom-to-bust-to-boom story
Orange County Government detailed how 1960s Rocket City failed and was reborn as the Wedgefield golf community now serving the east side. Why it matters: The large-lot plat and rural pace are the durable identity buyers pay for here. Source

Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

The Strategy

The Cape Orlando Estates buying strategy.

If we were buying in Cape Orlando Estates, this is the order of operations we would run, and the one we run for our clients.

Read the parcel first. Lot size, zoning, and whether it is on well and septic or utilities drive value here.

Pull the flood map. Parts of Wedgefield carry flood considerations; confirm the zone and any insurance requirement.

Budget for acreage upkeep. Larger lots mean more grounds, irrigation, and tree maintenance.

Confirm the commute at your real departure time on SR-520 to Orlando or the Space Coast.

Match the home to real comps by lot size and condition, not headline square footage alone.

The Quick Decision

Best Buy

Updated home on a high, dry, large lot near the course

Biggest Risk

Overpaying without checking well, septic, and flood

Best Lot

High-and-dry acreage over low-lying parcels

Smart Timing

Confirm utilities and flood zone before you offer

Deep-Dive Intelligence

The full read, only if you want it.

The takeaway

On mobile, tap any heading below to open it. This is the home by home, lot by lot, club and renovation detail, organized so you can jump straight to what matters to you.

Community Details at a Glance

Cape Orlando Estates Homes For Sale

What your money buys in Cape Orlando Estates.

The takeaway

Three honest price bands. Condition and lot, not the square footage alone, decide where a home lands.

Here are the broad resale bands in Cape Orlando Estates today. The right home is the one matched to your budget and the renovation math, so seeing fitting listings early is the edge.

The Starter Lot

$388K to $695K

Original or lightly updated homes on standard large lots, the entry into Wedgefield's space and pace.

Lowest entry

The Acreage Home

$695K to $818K

Updated homes on larger or true-acreage parcels with room for a workshop, RV, or horses.

Most inventory

The Course or Custom

$818K to $870K

Newer or custom homes near the golf course on premium high-and-dry parcels.

Strongest resale

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

See Off-Market & Private Listings

What Your Money Buys

What ~$737K buys here.

Three realistic price bands. Where a home lands comes down to condition and lot, not square footage alone.

$388K to $695K

The Starter Lot

Original or lightly updated homes on standard large lots, the entry into Wedgefield's space and pace.

$695K to $818K

The Acreage Home

Updated homes on larger or true-acreage parcels with room for a workshop, RV, or horses.

$818K to $870K

The Course or Custom

Newer or custom homes near the golf course on premium high-and-dry parcels.

Approximate 2026 resale bands from third-party listing data and public records, not NEFAR statistics. Confirm pricing for a specific home.

Operator Intelligence

Renovation & Resale Intelligence

The factors that actually move value in Cape Orlando Estates, condition, lot, and the renovation math, read from current listings and recent sales.

15-Second Take

Renovation math decides the deal
Golf and lake lots resell strongest
Roof and HVAC age drive the insurance quote
Interior lots are where buyers overpay

Proprietary Data

The renovation premium.

Updated homes ask about 13% more per square foot than original-condition homes, and they tend to sell faster. In an all-resale market, condition is the single biggest swing in value, which is why reading the renovation math is the whole game.

Asking price per square foot

Renovated$291

Original$258

Median days on market

Renovated96

Original50

From current Cape Orlando Estates listings (renovated 4, original 25); condition inferred from listing descriptions, asking not closed figures. The exact number depends on a specific home's updates, lot, and view, which is the read we do before you offer.

Operator Note

The trap here is a beautifully staged original-condition home. Staging is cheap; a roof, HVAC, and a full modernization are not. We price the real renovation before you fall for the listing photos, because in an all-resale market that number is the difference between a deal and the most expensive house on the street.

Lot Value

The lot premium.

On golf, lake, and preserve frontage, the homesite is the part of your money the market gives back at resale. The house can be renovated; the lot cannot, so premium lots hold their value better than interior ones. How much more they command varies by frontage, view, and condition, which is why we read it home by home against real comparable sales rather than a single headline figure.

Operator Note

Most buyers overpay on interior lots in the back half of the community. A sharp renovation can distract you, but the weaker resale position follows the lot, not the finishes. We read the homesite before the kitchen.

Resale Strength Scorecard

How well Cape Orlando Estates holds value.

Our read on the factors that protect resale here, and the one to manage.

Large lots and acreageStrong

Public golf on siteStrong

No tourist-corridor pricingPositive

Long commute to the coreManage it

Flood and well/septic factorsDiligence

Momentum analysis based on the no-CDD structure, central location, built-out lot scarcity, the funded club plan, and the all-resale 1990s housing stock. Not a guarantee of future value.

Operator Note

The strongest value pocket is usually a renovated golf or lake home priced just under the next tier up. Buyers chasing the single biggest estate often pay estate prices for what is really a renovation project.

5 Mistakes Buyers Make in Cape Orlando Estates

15-Second Take

Calling the listing agent (who works for the seller)
Misjudging the renovation budget
Overpaying for an interior lot
Ignoring the optional club cost
Skipping the roof, HVAC, and systems check

In an all-resale, seven-figure, renovation-driven market, the same five mistakes cost buyers the most. Every one is avoidable with the right preparation before you tour.

Calling the listing agent

The agent on the sign works for the seller. In a market where condition swings price by hundreds of thousands, negotiating against that agent with no one in your corner is the costliest move of all.

Misjudging the renovation math

A dated home looks like a deal until you price the roof, HVAC, pool, and full modernization honestly. Underbudget the reno and the bargain becomes the expensive house.

Overpaying for an interior lot

Golf frontage, lakefront, and preserve lots carry real, durable premiums. Pay an estate price for an interior lot and you are buying the weakest version of the value.

Ignoring the club decision

The club is optional and separate, so two similar homes can cost very differently to own. Buyers who do not price the membership they will actually use misread their real monthly number.

Skipping the systems check

A 1990s home means 1990s-era systems unless updated. Roof age, HVAC age, pool equipment, and prior renovations drive both price and insurability, and a thorough inspection matters more here than in a new build.

“

Wedgefield sells space and pace. The deal is won or lost on the parcel, the utilities, and the flood read, not the listing photos.

Jon Brooks · Founder, Momentum Realty

Momentum Intelligence

Momentum Buy Score.

Our proprietary 0 to 10 read across the five factors that decide how a home here buys, holds, and resells.

7.2B · Buy Score

Resale Strength7.0/10

Renovation Risk6.0/10

Location Efficiency5.8/10

Long-Term Defensibility7.4/10

Carrying Cost Advantage8.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment based on the analysis on this page, on a 0 to 10 scale. They are a framework for comparing communities, not a guarantee of future value or advice on a specific home.

Momentum Housing Intelligence

Why our read on Cape Orlando Estates is different.

Most pages on this community are an automated estimate wrapped in stock copy. This one is built from the live Stellar MLS feed, fourteen years of closed sales, and a renovation-by-renovation read of what actually moves value here, lot by lot. No Zestimate, no guesswork.

Live Stellar MLS feed14 years of closed salesRenovation-premium analysisLot-by-lot, no automated estimates

Jon Brooks, founder of Momentum Realty. A housing economist with a background in real estate investment banking at Deutsche Bank and consulting at Ernst & Young, who has built and analyzed Northeast Florida real estate from the ground up.

About the analyst · Our methodology

Which Lots & Views Hold Value Best

Proprietary Data · Lot Value Map

Where the value actually sits. Each home is shaded by its price per square foot (a value read, not just a price) and ringed by lot type, so you can see at a glance which pockets carry a real, durable premium and where a renovation play makes sense.

Value ($/sqft)

$261 value$401 premium

GolfLake / waterPreserveInterior

Fill = price per square foot; ring = lot type, inferred from listing descriptions. Sold homes are shown by realized $/sqft (lot type not always recorded). Asking and recent-sold figures from Stellar MLS; for orientation, not an appraisal.

15-Second Take

High-and-dry parcels hold value best
Acreage is the scarce, durable asset
Low-lying lots carry flood and insurance cost
Well and septic change the carrying math
Read the parcel before the finishes

In Wedgefield the parcel is most of the value. High, dry, large lots near the course hold value best, while low-lying parcels can carry flood and insurance costs that change the math. Confirm whether a home is on well and septic or utilities, and read the parcel and its drainage before you price the house.

The 15-Second Verdict

Cape Orlando Estates in 15 seconds.

Best forBuyers who want a large lot or acreage with a rural pace inside Orange County.

Biggest advantageSpace and a public golf course at a price per acre the urban core cannot match.

Biggest riskLocation and infrastructure: a long commute, plus well, septic, and flood factors on some parcels.

Sweet spotAn updated home on a high, dry, large lot near the Wedgefield course.

Avoid ifYou want a short commute, walkability, or to avoid well and septic due diligence.

HOA, CDD & Fees

15-Second Take

No tourist-corridor pricing this far east
Large lots are the scarce asset
Public golf, no mandatory club
Budget well, septic, and acreage upkeep
Confirm flood zone per parcel

Wedgefield is served by a homeowners association; confirm the current dues and whether membership is mandatory or voluntary for a specific parcel.

Community oversight and common areas. The Wedgefield Golf Club is a separate, public course with its own fees.

Wedgefield Golf Club is a public 18-hole, par-72 course open to non-residents; golf is pay-to-play, not a mandatory membership.

Run Your Numbers

Tools for a Cape Orlando Estates buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxOrange County millage and the homestead picture.Rent vs buyThe breakeven on owning in Cape Orlando Estates.Save Our HomesProject your homestead tax cap over time.

The takeaway

Selling here is won on condition and view, not the Zestimate. The right number comes from closed comps matched to your renovation level and lot.

Selling in Cape Orlando Estates

Price it to the parcel and condition, not a corridor average.

If you are selling in Wedgefield, the right price comes from comparable large-lot sales matched to your parcel size, utilities, and condition, not a tourist-corridor average that does not apply this far east.

Momentum listings (YTD)

97.98%

Sold-to-list ratio across our market for our agents, sellers keeping more of their price.

Market average (YTD)

96.73%

The broader metro average sold-to-list ratio over the same period.

Momentum days on market

64 days

Median days on market for our listings, faster sales mean less carrying cost and stronger leverage.

Market days on market

72 days

The broader metro median over the same period.

Sold-to-list and days-on-market figures reflect Momentum Realty listings versus our market average, year to date. Your home's result depends on pricing, condition, lot, view, and preparation.

In Cape Orlando Estates, condition and view decide your number

Because buyers here are weighing your home against renovated comps and cross-shopping EverBe, a home priced to the community average instead of its true condition and view either leaves money on the table or sits. A renovated kitchen, newer roof and HVAC, and a golf or lake view all deserve to show up in your price, and a buyer pool reading renovation math needs to be shown why your home is worth it. We build that case with real comps and a pricing strategy for the current market.

What is your Cape Orlando Estates home worth?

Get a no-obligation home value based on real comparable sales in Cape Orlando Estates matched to your condition, lot, and view, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Cape Orlando Estates (Wedgefield) on the map →
Or get your Cape Orlando Estates (Wedgefield) home value & selling guide →

Real comps, not a Zestimate.

How much local inventory is already under contract

24% of homes for sale in Cape Orlando Estates (Wedgefield) are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-06-24).

Cape Orlando Estates Market Scorecard

Balanced

Cape Orlando Estates is currently a balanced. About 4.1 months of supply, a median asking price of $767,500, and homes go under contract in about 72 days.

4.1

Months supply

$767,500

Median list

$737,000

Median sold

$269

Per sqft

Days on mkt

22/7/65

Active/Pend/Sold

Typical home value in the 32833 ZIP is $508,335, about 12.1% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Where is Cape Orlando Estates?

It is the main residential plat of Wedgefield, an unincorporated community in far east Orange County off State Road 520, ZIP 32833.

Is Wedgefield the same as Cape Orlando Estates?

Cape Orlando Estates is the platted residential subdivision that makes up most of Wedgefield. The area was originally marketed in 1963 as Rocket City.

Is there a golf course?

Yes. The Wedgefield Golf Club is a public 18-hole, par-72 course on Maxim Parkway, open to residents and non-residents.

Are the lots large?

Yes. Wedgefield is known for large lots and many acreage parcels, which give it a rural, equestrian-friendly feel uncommon this close to Orlando.

Is there an HOA?

Wedgefield has a homeowners association. Confirm the current dues and whether membership is mandatory or voluntary for a specific parcel.

Are homes on well and septic?

Some parcels use well and septic rather than central utilities. Always confirm the specific home's water and sewer setup before you offer.

Is Wedgefield in a flood zone?

Parts of the area carry flood considerations. Pull the FEMA flood map for the specific parcel and confirm any insurance requirement.

Can I keep horses?

The community has a long equestrian tradition and many large lots. Confirm the zoning and any restrictions for a specific parcel before assuming you can keep animals.

What schools serve the area?

Wedgefield is served by Orange County Public Schools, including a local K-8 school in the community. Confirm the exact zoning by address with the district.

How far is the commute to Orlando?

Downtown Orlando is roughly 30 to 35 minutes by car via SR-50 or SR-408, and the airport is about 25 to 30 minutes via SR-528. Confirm your real drive time.

Is Wedgefield a good investment?

Large lots and a rural pace are scarce in Orange County, which supports steady demand. As always, the parcel, utilities, and condition drive the outcome; this is not a guarantee of future value.

Should I use the listing agent to buy here?

No. The listing agent represents the seller. On a large-lot purchase where utilities and flood factors swing value, having your own representation is the highest-leverage decision you make.

The Verdict

Should you buy in Cape Orlando Estates?

An honest fit check. We will tell you when it is not your community.

Buyers who want a large lot or acreage with a rural paceExcellent fit

Golfers who want a public course at the doorstepExcellent fit

Space Coast and airport commuters who value SR-520 accessExcellent fit

Buyers who want room for a workshop, RV, or horsesExcellent fit

Buyers who will do the parcel, utility, and flood due diligenceExcellent fit

Buyers who need a short downtown or tourist-corridor commuteProbably not

Those who want a walkable, amenity-dense master planProbably not

Buyers unwilling to evaluate well, septic, and flood factorsProbably not

Anyone who wants new construction at scaleProbably not

Buyers who want low-maintenance, small-lot livingProbably not

Get the inside read on Cape Orlando Estates

Whether you are buying a renovation project, comparing the lots and views, weighing the optional club, or selling your Cape Orlando Estates home, tell us what you need. Every inquiry comes straight to us. We represent you, not the seller, and what your agent is paid is negotiable and set in a written buyer agreement up front. No obligation, no spam, no high-pressure follow-up.

You are all set.

A Momentum Realty Cape Orlando Estates specialist will reach out personally, usually the same day.

Thinking about hiring an agent here? How to find the best real estate agent in Cape Orlando Estates (Wedgefield) — what to look for, questions to ask, and your local expert.

Photography on this page is sourced from active and recently sold MLS listings in this community and remains the property of the listing brokerage and/or photographer. Listings courtesy of Stellar MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; deemed reliable but not guaranteed by MLS GRID.

Cape Orlando Estatesat Wedgefield Homes for Sale

The 60-Second Overview

Who Cape Orlando Estates is best for.

Best for

Probably not for

How Cape Orlando Estates is performing right now

Homes For Sale Right Now in Cape Orlando Estates

Cape Orlando Estates on the map.

The Club & Membership

How far is everything?

Nearby Communities

Schools

Recent Developments in Cape Orlando Estates (Wedgefield)

Established golf and equestrian community

Public Wedgefield Golf Club on site

Far-east commute and SR-520 access

Parcel-level flood and utility factors

Orange County recounts Wedgefield's boom-to-bust-to-boom story

The Cape Orlando Estates buying strategy.

The full read, only if you want it.

What your money buys in Cape Orlando Estates.

What ~$737K buys here.

Renovation & Resale Intelligence

The renovation premium.

The lot premium.

How well Cape Orlando Estates holds value.

5 Mistakes Buyers Make in Cape Orlando Estates

Calling the listing agent

Misjudging the renovation math

Overpaying for an interior lot

Ignoring the club decision

Skipping the systems check

Momentum Buy Score.

Why our read on Cape Orlando Estates is different.

Which Lots & Views Hold Value Best

Cape Orlando Estates in 15 seconds.

HOA, CDD & Fees

Tools for a Cape Orlando Estates buy.

Price it to the parcel and condition, not a corridor average.

In Cape Orlando Estates, condition and view decide your number

What is your Cape Orlando Estates home worth?

Price History: What Homes Here Have Actually Sold For

Cape Orlando Estates Market Scorecard

Frequently Asked Questions

Should you buy in Cape Orlando Estates?

Get the inside read on Cape Orlando Estates

You are all set.

Need to sell fast in Orange County?

You just read the data. Now see what your home is worth.

Cape Orlando Estates
at Wedgefield Homes for Sale