Somerset at Lakeville Oaks
Homes for Sale in Orlando, FL

This is an established, owner-heavy neighborhood of late-'80s-to-2000 homes with real square footage. The value story here is condition and updates, not new construction, so what you pay should track how much work the next owner will not have to do.

Stellar MLS sales records identify 73 homes in SOMERSET AT LAKEVILLE OAKS that have changed hands since 2004, built between 1988 and 2007 (median 1989), with a median living area of about 2,315 sq ft and a typical 4-bedroom, 2.5-bath layout; 99% 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.

Somerset at Lakeville Oaks is a small community — 79 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

In ZIP 32818, 133 homes are on the market and 31% are under contract — a fast-moving corner of Orlando.

Across Orange County, 5,873 homes are active and 2,054 pending (26% under contract).

The housing mix here is 99% single family residence, 1% ?.

In ZIP 32818 (ORLANDO), 332 homes closed in the last 12 months at a median of $336K ($203/sq ft), up 1.1% year over year, with a median 29 days on market. Right now 29 active and 20 pending listings put supply at about 3.2 months — a healthy market. See the live ZIP 32818 housing market and the Orange County market.

ZIP and county figures describe the wider market, not Somerset at Lakeville Oaks specifically. Momentum Research analysis of MLS records.

• Riverside Elem · Elementary
• Robinswood Middle · Middle
• Olympia High · High

Zoned schools reflect the assignments reported on recent Somerset at Lakeville Oaks listings and can change; always confirm with Orange County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Somerset at Lakeville Oaks address.

With a median build year of 1990 and homes ranging from 1988 to 2000, the housing stock is uniform in era but not in condition. That is the whole game here. Two homes of similar size can price very differently depending on roof age, HVAC, and whether the kitchen and baths have been touched since delivery. Buyers should budget for inspection findings typical of homes in this age band; sellers who have already handled the big-ticket systems have a real, defensible pricing edge.

The high homestead share — 80.5% — signals stability. Inventory tends to be thin and turnover measured, which cuts both ways: sellers face less direct competition, but buyers may wait for the right home rather than choose from a deep menu. The generous median footprint of 2,242 square feet is the standout draw, offering more interior space than many newer builds at comparable size.

In a thin, condition-driven market like Somerset At Lakeville Oaks, the numbers on a listing sheet only get you halfway. We price and negotiate off what actually moves value here — roof and system age, update history, and honest comps for a home of this era and footprint. With low turnover, timing and read matter, and we will tell you plainly when a home is priced for its condition and when it is not.

Listings in this community report association dues of about $33 per month ($396 a year) — the median AssociationFee across 6 MLS records, normalised to a monthly figure; most are billed quarterly. 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.