Lakes
Homes for Sale in Windermere, FL

Lakes is a small, deed-restricted community in Windermere carrying amenities like tennis courts and golf cart access, but with only one home currently listed, it functions more like a niche pocket than an active trading market.

Stellar MLS sales records identify 237 homes in Lakes that have changed hands since 2010, built between 1984 and 2020 (median 2005), with a median living area of about 2,460 sq ft and a typical 4-bedroom, 2.5-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.

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.

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

In ZIP 34786, 336 homes are on the market and 26% are under contract — a steady corner of Windermere.

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

In ZIP 34786 (Windermere), 784 homes closed in the last 12 months at a median of $622K ($262/sq ft), down 1.5% year over year, with a median 38 days on market. Right now 113 active and 37 pending listings put supply at about 3.0 months - a balanced market. See the live ZIP 34786 housing market and the Orange County market.

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

There isn't a price story to tell here yet, because there isn't a spread of listings to draw one from. What we can say is structural: this is a deed-restricted community, which typically means HOA governance over exterior standards and community upkeep, and it allows golf carts, which matters for how residents actually move between the tennis courts and other shared spaces day to day.

Because the active count sits at one, months of supply (6.0) should be read as a snapshot rather than a trend. A single sale, a single new listing, or a single withdrawal will swing that number substantially. Anyone serious about this community should expect to move fast on whatever does come to market, since there's effectively no backup inventory to fall back on if a deal doesn't work out.

In a community with this little active inventory, the value we add isn't comparing dozens of listings, it's knowing what's coming before it hits the portals and reading the deed restrictions and HOA terms closely enough that you're not surprised after closing.

Listings in this community report association dues of about $95 per month ($1,140 a year) - the median AssociationFee across 12 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

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