Isles/Lk Nona Ph 2
Homes for Sale in Orlando, FL
True comps, carrying-cost math, and listings before the portals.
Isles/Lk Nona Ph 2 is a newer-construction pocket in Orlando's Lake Nona area, with all 104 homes built between 2021 and 2024 and a median build year of 2022. That recency, paired with a median of roughly 3,641 living square feet, is what carries the price here: you are paying for scale and current construction, not for anything time has worn in. The median sits at $1,000,000, or about $308.62 per square foot, and with inventory this new and this uniform, the spread between one sale and the next is driven mostly by lot, finish level, and condition rather than age.
The market posture is soft but orderly. Prices are down 5% year-over-year, and the median home is going under contract in about 30 days — brisk, not frantic. For buyers, the negative YoY move means there is room to negotiate and no reason to rush a full-price offer. For sellers, a home priced to the current median moves at a reasonable clip, but the recent softening argues for pricing to today's comps rather than last year's.
Isles/Lk Nona Ph 2 right now
🟡 Off the recent peak. The trailing-12-month median ($1M) is down 5.0% from the prior 12 months ($1.05M). With about 2 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 13. Confidence: Low (5 and 4 sales in the two windows).
What's unique here: the median sale price is about 2x the typical Orange County sale ($1M vs $435K, trailing 12 months, Stellar MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 13, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
Isles/Lk Nona Ph 2 right now
🟡 Off the recent peak. The trailing-12-month median ($1M) is down 5.0% from the prior 12 months ($1.05M). With about 2 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 13. Confidence: Low (5 and 4 sales in the two windows).
What's unique here: the median sale price is about 2x the typical Orange County sale ($1M vs $435K, trailing 12 months, Stellar MLS records).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated July 13, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Isles/Lk Nona Ph 2 market snapshot (as of July 13, 2026): the median sale price is about $1M ($309 per sq ft over the trailing 12 months of closed sales), and a median 30 days on market for closed sales. The trailing-12-month median is down 5% from the prior 12 months, computed from record-level Stellar MLS closed sales (5 closings in the current window).
Isles/Lk Nona Ph 2 is a community of 104 homes in Orlando, Orange County, built between 2021 and 2024 (median 2022.0), with a median living area of about 3,641 square feet. 53% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
This is a young, large-format community where nearly everything on the market was built within a four-year window, so the buying decision is less about vintage and more about which lot, layout, and finish package fits you.
Who Isles/Lk Nona Ph 2 is best for.
Best for
- Buyers with a budget around the seven-figure median who want a large, recently built home
- Owner-occupiers seeking a primary residence in a predominantly owner-held community
- Buyers who value current construction and a spacious floor plan over an established, older neighborhood
Probably not for
- Buyers looking for a smaller or lower-priced home than this market offers
- Buyers who want mature landscaping and a broken-in neighborhood feel
- Short-horizon buyers uneasy with a market that has softened 5% over the past year
Median sale price over the trailing 12 months ending July 13 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1M) IS the median in the snapshot above, and the move from 2025 ($1.05M) IS the -5.0% one-year change.
Windows contain 0 to 5 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.
The Isles/Lk Nona Ph 2 buying strategy.
If we were buying in Isles/Lk Nona Ph 2 today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Isles/Lk Nona Ph 2.
A new-build enclave still finding its price
The defining trait here is uniformity of age. With a build range of 2021 to 2024 and a median year of 2022, buyers are comparing homes that are close in condition and construction standard, which shifts the real differentiators to square footage, lot position, and how each home was optioned. At a median near 3,641 square feet, these are substantial homes, and the median price of $1,000,000 reflects that footprint more than any single premium feature.
About 53% of homes here carry a homestead exemption, which points to a community that is more owner-occupied than not — a meaningful signal in a neighborhood this new. Combined with a 30-day median days-on-market and a 5% year-over-year decline, the picture is a settled, primary-residence community that is currently repricing after a stronger prior year. The closings window is thin, so treat any single comp with care and lean on the median as your anchor.
The location and the amenities are priced into every listing in Isles/Lk Nona Ph 2. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Isles/Lk Nona Ph 2 buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.8). Basis: Recent Direction -5.0% year-over-year; Owner Commitment 53% owner-occupied; Pricing Power 96.1% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a community this new, the comps look deceptively similar on paper, and small differences in lot, layout, and options move the number more than the raw stats suggest. We read those differences honestly, price against the current median rather than last year's peak, and tell you plainly when a listing is asking above what today's softening market supports.
Isles/Lk Nona Ph 2 in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- 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.
Tools for a Isles/Lk Nona Ph 2 buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Isles/Lk Nona Ph 2 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Isles/Lk Nona Ph 2, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Isles/Lk Nona Ph 2 home worth?
Get a no-obligation home value based on real comparable sales in Isles/Lk Nona Ph 2, 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 Isles/Lk Nona Ph 2 on the map →
Frequently Asked Questions
What is the median home price in Isles/Lk Nona Ph 2?
How long do homes in Isles/Lk Nona Ph 2 take to sell?
How many homes are in Isles/Lk Nona Ph 2?
What share of Isles/Lk Nona Ph 2 is owner-occupied?
When were the homes in Isles/Lk Nona Ph 2 built?
Do cash buyers compete in Isles/Lk Nona Ph 2?
Who is the best real estate agent for Isles/Lk Nona Ph 2?
How do I find a top Orlando real estate agent who knows Isles/Lk Nona Ph 2?
Can Momentum Realty connect me with an agent for Isles/Lk Nona Ph 2?
Should you buy in Isles/Lk Nona Ph 2?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 13, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (2 streets, ZIP 32827)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2021 (14 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.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 13 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($1M) IS the median in the snapshot above, and the move from 2025 ($1.05M) IS the -5.0% one-year change.
Windows contain 0 to 5 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 13, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (2 streets, ZIP 32827)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2021 (14 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 your area comps.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.