Olympia Heights Annex
Homes for Sale in Winter Park, FL

Community in Winter Park · Orange County · ZIP 32789
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Built fromLive Stellar MLS data21 years of closingsUpdated twice daily

Homes listed or recently sold were built 1947–1955. As of September 2026, the MLS records 11 closed sales in Olympia Heights Annex in Winter Park, FL since 2005, the most recent in August 2026. Across Winter Park as a whole, 494 homes closed in the last 12 months at a median of $459,450, 34 median days on market, with 124 homes for sale today. At that median and Orange County's FY2025-26 rate of 16.67 mills, annual property tax runs about $7,660 ($6,990 with the full homestead exemption).

Live · Olympia Heights Annex Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by condition and lot far more than by any single spec. With a median build year of 1956 and homes stretching back to 1920 and up to 2020, you are looking at a pocket where a renovated bungalow and a tired original sit on the same block at very different numbers. The median living area of roughly 1,208 square feet tells you the housing stock skews small, so square footage alone won't carry a valuation — updates, systems, and the land underneath do.

For buyers, that spread is opportunity: this is a place to read each house on its own terms rather than trust a neighborhood average. For sellers, it means presentation matters. A home that has been mechanically and cosmetically updated separates itself quickly here; an unrenovated one competes on price and land. Know which one you're bringing to market before you set a number.

The 60-Second Overview

Olympia Heights Annex is a small, older Winter Park enclave of 127 homes with a century-wide build range, which means the housing stock varies lot by lot rather than reading as one uniform product.

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 wanting a compact Winter Park footprint and willing to trade size for location
  • Renovation-minded buyers who can see value in an original home and budget for the work
  • Investors evaluating lots and rebuild potential given the newer end of the build range

Probably not for

  • Buyers who need large square footage in a single move-in-ready package
  • Buyers wanting a uniform, newer subdivision with predictable pricing
  • Buyers unwilling to underwrite the maintenance and systems of an older home

The market around Olympia Heights Annex

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

In ZIP 32789, 244 homes are on the market and 25% are under contract — a steady corner of Winter Park.

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

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

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

If we were buying in Olympia Heights Annex 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 Olympia Heights Annex.

Best Buy
Buyers comfortable evaluating older homes on their individual condition and lot.
Biggest Risk
Age and a lower homestead share mean upkeep and turnover vary sharply between properties.
Sweet Spot
A renovated mid-century home on a solid Winter Park lot.
Avoid If
You want uniform, move-in-ready new construction with predictable pricing.

An older, small-footprint pocket of Winter Park

The defining trait here is age and scale. A median build year of 1956 and a median living area near 1,208 square feet point to compact, mid-century-era homes, with the oldest reaching back to 1920 and the newest built as recently as 2020. That newer end signals teardown-and-rebuild activity or infill — a pattern worth watching, because it changes what a lot is worth independent of the house on it.

Owner-occupancy runs on the lower side, with roughly 41% of homes carrying a homestead exemption. Practically, that means a meaningful share of these homes are held as rentals or second properties, which can affect turnover, upkeep patterns, and the mix of what comes to market. Buyers should underwrite each home's condition individually rather than assume uniform maintenance across the enclave.

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

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

A market this varied — century of build years, small footprints, a large renovated-versus-original gap — rewards someone who prices house by house instead of leaning on a neighborhood average. We walk each property for condition, systems, and lot value, and we tell you plainly when a listing's number reflects the work done or just the address.

Olympia Heights Annex in 15 seconds.

Best forBuyers comfortable evaluating older homes on their individual condition and lot.
Biggest advantageA wide condition spread means real opportunity for those who can read value house by house.
Biggest riskAge and a lower homestead share mean upkeep and turnover vary sharply between properties.
Sweet spotA renovated mid-century home on a solid Winter Park lot.
Avoid ifYou want uniform, move-in-ready new construction with predictable pricing.

HOA, CDD & Fees

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 Olympia Heights Annex sales matched to your home.

What is your Olympia Heights Annex home worth?

Get a no-obligation home value based on real comparable sales in Olympia Heights Annex, 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 wanting a compact Winter Park footprint and willing to trade size for locationExcellent fit
Renovation-minded buyers who can see value in an original home and budget for the workExcellent fit
Investors evaluating lots and rebuild potential given the newer end of the build rangeExcellent fit
Buyers who need large square footage in a single move-in-ready packageProbably not
Buyers wanting a uniform, newer subdivision with predictable pricingProbably not
Buyers unwilling to underwrite the maintenance and systems of an older homeProbably not

Nearby Communities

Explore more neighborhoods near Olympia Heights Annex with Momentum Realty’s local guides.

Dubsdread Heights Winter Park0.2 mi awayGRGolfview Rep Orlando0.4 mi awayStansbury Estates Winter Park0.5 mi awayKarolina On Killarney Winter Park0.5 mi awayLALawndale Annex Winter Park0.5 mi awayFlamingo Shores Winter Park0.6 mi awayLawndale Winter Park0.6 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 12, 2026)
Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2005 (11 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.

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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.

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Olympia Heights Annex Market Scorecard

No active listings

Olympia Heights Annex is currently a no active listings market. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
$345,000
Median sold
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Per sqft
n/a
Days on mkt
0/0/4
Active/Pend/Sold

Typical home value in the 32789 ZIP is $809,773, about 61.9% above the Florida norm (Zillow Home Value Index).

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

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