Forest Lakes
Homes for Sale in Orlando, FL

All 4,095 homes for sale in Orlando, FL · median $379,900 · 61 homes for sale in 32817 · Orange County homes for sale

Community in Orlando · Orange County · ZIP 32817
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Built fromLive Stellar MLS data9 years of closingsUpdated twice daily

As of October 2026, the MLS records 2 closed sales in Frst Lakes in Orlando, FL since 2017, the most recent in June 2025. Across Orlando as a whole, 6,171 homes closed in the last 12 months at a median of $415,000, 42 median days on market, with 1,694 homes for sale today. At that median and Orange County's FY2025-26 rate of 16.67 mills, annual property tax runs about $6,920 ($6,250 with the full homestead exemption).

Jon Brooks, founder of Momentum Realty
Jon's Current Read

Forest Lakes is a small, established pocket in Orlando: 88 homes total, built between 1978 and 2004, with the typical home dating to 1986. That range means buyers are looking at a mix of original systems and updated interiors depending on the specific address, so condition — not just square footage — is doing a lot of the pricing work here.

The homestead share sits at 87.5%, which points to a community where most owners have filed for homestead exemption rather than treating the home as a rental or short-term hold. For a buyer, that generally means fewer turnover-driven listings and more deliberate, condition-specific negotiations. For a seller, it means your comp set is thin — 88 homes total — so pricing strategy should lean on your home's specific update history rather than broad neighborhood averages.

Nearby homes for sale

No active listings inside Forest LakesHomes for Sale in Orlando, FL right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

8830 ASPEN AVENUE
$475K · 0.5 mi away
4 bd · 2 ba · 2,242 sqft
8830 ASPEN AVENUE
Listed by KELLER WILLIAMS REALTY AT THE PARKS
8873 ASPEN AVENUE
$485K · 0.5 mi away
3 bd · 2 ba · 1,940 sqft
8873 ASPEN AVENUE
Listed by SOVEREIGN REAL ESTATE GROUP
4725 LAKE SHARP DRIVE
$485K · 0.5 mi away
4 bd · 2 ba · 2,011 sqft
4725 LAKE SHARP DRIVE
Listed by KELLER WILLIAMS WINTER PARK
4520 BRIDGEWATER DRIVE
$850K · 0.5 mi away
4 bd · 2 ba · 1,771 sqft
4520 BRIDGEWATER DRIVE
Listed by UNITED REAL ESTATE PREFERRED
4015 LAKE MIRA DRIVE
$685K · 0.6 mi away
4 bd · 2 ba · 2,138 sqft
4015 LAKE MIRA DRIVE
Listed by COMPASS FLORIDA LLC
4039 COOL WATER COURT
$740K · 0.6 mi away
4 bd · 2 ba · 2,267 sqft
4039 COOL WATER COURT
Listed by RE/MAX CENTRAL REALTY

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Forest Lakes is a compact, established community in Orlando with homes built between 1978 and 2004 and a median living area of about 2,727 square feet — larger-format housing stock for its era, with no community amenities identified from current MLS listings.

Stellar MLS sales records identify 21 homes in Forest Lakes that have changed hands since 2011, built between 1983 and 2012 (median 1985), with a median living area of about 2,699 sq ft and a typical 4-bedroom, 3-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

County records show 6 qualified sales in Forest Lakes across 2024–2025 (3 in 2024, 3 in 2025), median $840,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • Buyers who want more square footage per home and are comfortable with an older build era
  • Buyers planning to occupy the home long-term rather than flip or rent it out quickly
  • Buyers who prioritize house and lot over community amenities like pools or clubhouses

Probably not for

  • Buyers who want a newer-construction home with modern systems already in place
  • Buyers who expect on-site amenities such as a pool, clubhouse, or recreational facilities
  • Buyers who want a large, active resale market with many comparable listings to choose from

The market around Forest Lakes

Forest Lakes is too small for its own price trend, so here is the market around it.

In ZIP 32817, 78 homes are on the market and 23% are under contract — a steady corner of Orlando.

Across Orange County, 5,909 homes are active and 1,877 pending (24% under contract).

In ZIP 32817 (Orlando), 243 homes closed in the last 12 months at a median of $380K ($244/sq ft), down 4.4% year over year, with a median 31 days on market. Right now 28 active and 10 pending listings put supply at about 3.0 months — a balanced market. See the live ZIP 32817 housing market and the Orange County market.

ZIP and county figures describe the wider market, not Forest Lakes specifically. Momentum Research analysis of MLS records.

Forest Lakes by the numbers

From county property records and closed MLS sales for the Forest Lakes subdivision: 6 homes on record; built 1983–1998; typical size about 2,452 heated sq ft; 4 bedrooms is the median. Housing mix: single-family 100%.

YearRecorded salesMedian price
20191$895,000
20201$465,000
20212$427,500
20221$900,000
20251$565,000

Newest recorded sale: $565,000 on 2025-06-06.

Recorded data as of 2026-09-12; counts cover addresses tagged to this subdivision in the public record, not every parcel. Not an appraisal.

If we were buying in Forest Lakes today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Forest Lakes.

Best Buy
Buyers seeking an established, amenity-free residential community with larger-format homes built between 1978 and 2004.
Biggest Risk
Wide build-year spread (1978–2004) means system age and update history vary significantly from house to house.
Sweet Spot
Buyers comfortable evaluating condition and updates individually rather than relying on neighborhood-wide assumptions.
Avoid If
You want community amenities like a pool, clubhouse, or gated access — none are identified here.

A small, established footprint

With only 88 homes in Forest Lakes, this is not a community with dozens of active listings to compare at any given time. The build years span 1978 to 2004, with the median landing at 1986 — meaning most homes are decades into their lifecycle, and a buyer's due diligence should focus on what's been replaced (roof, HVAC, electrical) versus what's original.

The median living area of roughly 2,727 square feet is sizable for a community of this age, suggesting the original footprint favored larger single-family construction rather than compact starter homes. No community amenities show up in current MLS listings, so this reads as a straightforward residential pocket rather than an amenity-driven development — appeal here is about the house and the lot, not a clubhouse or gate.

“

The location and the amenities are priced into every listing in Forest Lakes. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a community this small, generic market data does not tell you much — with only 88 homes, every listing is effectively its own case study. We pull the actual comparable sales inside Forest Lakes, account for the age spread between 1978 and 2004 builds, and help you weigh renovation and system age against asking price before you commit to an offer or a listing strategy.

Forest Lakes in 15 seconds.

Best forBuyers seeking an established, amenity-free residential community with larger-format homes built between 1978 and 2004.
Biggest advantageMedian living area near 2,727 square feet gives more interior space than many newer, smaller-lot communities.
Biggest riskWide build-year spread (1978–2004) means system age and update history vary significantly from house to house.
Sweet spotBuyers comfortable evaluating condition and updates individually rather than relying on neighborhood-wide assumptions.
Avoid ifYou want community amenities like a pool, clubhouse, or gated access — none are identified here.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Forest Lakes homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Forest Lakes.
In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Forest Lakes sales matched to your home.

What is your Forest Lakes home worth?

Get a no-obligation home value based on real comparable sales in Forest Lakes, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.
Buyers who want more square footage per home and are comfortable with an older build eraExcellent fit
Buyers planning to occupy the home long-term rather than flip or rent it out quicklyExcellent fit
Buyers who prioritize house and lot over community amenities like pools or clubhousesExcellent fit
Buyers who want a newer-construction home with modern systems already in placeProbably not
Buyers who expect on-site amenities such as a pool, clubhouse, or recreational facilitiesProbably not
Buyers who want a large, active resale market with many comparable listings to choose fromProbably not

Data sources & freshness

Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2017 (2 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

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

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live local comps.

Looking to buy here? Search homes for sale →

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Common questions about Forest Lakes

Where is Forest Lakes?

Forest Lakes is a community in Orlando, Orange County, Florida, ZIP 32817.

How many homes are in Forest Lakes?

County property records list 6 homes in Forest Lakes, built between 1983 and 1998; the typical home is about 2,452 heated square feet.

What do homes in Forest Lakes sell for?

Forest Lakes has no MLS sales in the last 12 months. The most recent year with recorded sales on file is 2025 (1 sale, median $565,000). For context, ZIP 32817 has 78 homes on the market with 23% under contract.

Are there homes for sale in Forest Lakes right now?

No active listings inside Forest Lakes at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does Forest Lakes have an HOA or CDD?

No HOA is on record for Forest Lakes in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

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