Waterfall Cove at Winter Park
Homes for Sale in Winter Park, FL
All 337 homes for sale in WINTER PARK, FL · median $664,900 · 150 homes for sale in 32789 · Orange County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, Waterfall Cove At Winter Park in Winter Park, FL has 1 home for sale. As of September 2026, the MLS records 2 closed sales in Waterfall Cove At Winter Park in Winter Park, FL since 2015, the most recent in January 2024. 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).
Waterfall Cove is a small, older Winter Park community - 161 homes built mostly around 1966, with construction stretching out to 2001 for a handful of later units. The median living area sits at just 881 square feet, which tells you this is a compact-unit product, not a family-sized floor plan community. With only one active listing against 161 total homes, there is essentially no visible inventory right now, so pricing signals are thin and any single listing carries outsized weight in reading the market.
What stands out structurally is the homestead share of just under 10 percent, meaning the large majority of units here are not claimed as a primary residence - a strong indicator this community leans investment and rental rather than owner-occupied. Combined with buyer approval requirements and deed restrictions, that shapes who can transact and how quickly. A seller here should expect a smaller, more particular buyer pool; a buyer should expect the HOA approval step to be part of the timeline, not an afterthought.
The 60-Second Overview
Waterfall Cove is a compact 1966-era community in Winter Park with a small footprint per unit and a buyer-approval process layered on top of standard deed restrictions - factors that matter more here than square footage or curb appeal alone.
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.
Who Waterfall Cove at Winter Park is best for.
Best for
- Investors comfortable with HOA-managed rental communities and buyer approval steps
- Buyers seeking a compact, lower-maintenance unit rather than a full-sized home
- Buyers who plan ahead for thin inventory and are willing to move quickly when a listing appears
Probably not for
- Buyers who need significant square footage for daily living
- Buyers who want to avoid HOA buyer-approval processes or deed restrictions
- Buyers expecting a deep, browsable inventory of comparable listings to shop against
The market around Waterfall Cove at Winter Park
Waterfall Cove at Winter Park 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).
In ZIP 32789 (WINTER PARK), 394 homes closed in the last 12 months at a median of $635K ($396/sq ft), up 7.4% year over year, with a median 40 days on market. Right now 88 active and 21 pending listings put supply at about 4.9 months - a balanced market. See the live ZIP 32789 housing market and the Orange County market.
ZIP and county figures describe the wider market, not Waterfall Cove at Winter Park specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in WATERFALL COVE AT WINTER PARK, WINTER PARK
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Orange County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Orange County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
WATERFALL COVE AT WINTER PARK Market Scorecard
WATERFALL COVE AT WINTER PARK is currently a thin data market. Limited supply, a median asking price of $205,000, and homes go under contract in about 415 days.
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: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Homes For Sale Right Now in Waterfall Cove at Winter Park
Live MLS inventory for Waterfall Cove at Winter Park. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Waterfall Cove at Winter Park listings as of 2026-09-12, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2015 through 2024. Tap any home to ask about it.
Life at Waterfall Cove at Winter Park
- Buyer Approval Required · reported on 1 of 1 listings
- Deed Restrictions · reported on 1 of 1 listings
- Playground · reported on 1 of 1 listings
- Pool · reported on 1 of 1 listings
Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.
The Waterfall Cove at Winter Park buying strategy.
If we were buying in Waterfall Cove at Winter Park 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 Waterfall Cove at Winter Park.
A small-footprint, investor-leaning community
At a median of 881 square feet, Waterfall Cove's homes are built for efficiency, not sprawl. The construction span from 1966 to 2001 means most of the stock is original-era, with a smaller number of later-built units mixed in - worth confirming unit by unit, since age and finish level can vary significantly across a community this old.
The homestead share under 10 percent is the number that should reframe how you approach this community. It points to a majority non-owner-occupied ownership base, which typically means more rental activity, more turnover tied to investment decisions rather than personal moves, and an HOA that has responded with buyer approval requirements to manage who comes in. Deed restrictions, a pool, and a playground round out the amenity package - modest, functional, and consistent with a smaller-unit community rather than a resort-style one.
The location and the amenities are priced into every listing in Waterfall Cove at Winter Park. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
With only one active listing across 161 homes, this is not a community where you browse a normal inventory - you need someone tracking it closely enough to catch a listing the moment it surfaces, and who understands the buyer approval process well enough to keep a contract from stalling in HOA review. We also pull the deed restriction and rental-history context so you know what you are actually buying into, given the low owner-occupancy signal.
Waterfall Cove at Winter Park in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Waterfall Cove at Winter Park 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 Waterfall Cove at Winter Park sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Waterfall Cove at Winter Park, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Waterfall Cove at Winter Park home worth?
Get a no-obligation home value based on real comparable sales in Waterfall Cove at Winter Park, 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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Should you buy in Waterfall Cove at Winter Park?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 12, 2026) |
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2015 (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.
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See how Waterfall Cove At Winter Park fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Waterfall Cove at Winter Park
Where is Waterfall Cove at Winter Park?
Waterfall Cove at Winter Park is a community in WINTER PARK, Orange County, Florida, ZIP 32789.
Are there homes for sale in Waterfall Cove at Winter Park right now?
Yes - 1 active and 0 pending listings as of the last feed refresh (twice daily). They are listed on this page.
Does Waterfall Cove at Winter Park have an HOA or CDD?
No HOA is on record for Waterfall Cove at Winter Park 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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