Waterford Lakes
Homes for Sale in Orlando, FL
All 4,060 homes for sale in Orlando, FL · median $384,945 · 106 homes for sale in 32828 · Orange County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 39 closed sales in Waterford Lakes Tr N11 Ph 02 in Orlando, FL since 2015, the most recent in August 2026. Recorded prices since 2024 ran from $390,000 to $559,000 (median $420,000), on homes of 1,661 to 2,249 sq ft. Across Orlando as a whole, 5,915 homes closed in the last 12 months at a median of $412,500, 41 median days on market, with 1,608 homes for sale today. At that median and Orange County's FY2025-26 rate of 16.67 mills, annual property tax runs about $7,000 ($6,330 with the full homestead exemption).
Part of Waterford Lakes, Orlando, FL — see all Waterford Lakes homes for sale (7 listings across 20 sections in the MLS).
Price here is driven by condition and updates, not by floor plan variety. This is a tight pocket of roughly 120 homes built across a narrow window in the mid-1990s, with a median just over 1,800 square feet. When homes are that similar in age and size, the spread in what they sell for comes down to what has been renovated and what has been deferred. Expect a wide gap between a kitchen-and-systems-updated house and one that still wears its original finishes.
The homestead share sits at three-quarters, which points to a community held largely by long-term owners rather than churned by investors. For a seller, that means comparable turnover is limited and each nearby sale carries weight. For a buyer, it means patience: inventory is thin, and when a well-kept home lists, it deserves a prepared offer rather than a wait-and-see posture.
Nearby homes for sale
No active listings inside Waterford Lakes Tr N11 Ph 02 right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Waterford Lakes Ph 02 is a compact, established East Orlando enclave of about 120 homes from the mid-1990s, where the practical median footprint hovers near 1,836 square feet.
Stellar MLS sales records identify 1,096 homes in Waterford Lakes that have changed hands since 2004, built between 1985 and 2000 (median 1995), with a median living area of about 2,250 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.
Who Waterford Lakes is best for.
Best for
- Buyers seeking a stable, owner-occupied neighborhood who will hold for the long term
- Buyers comfortable budgeting for updates on a mid-1990s home to build equity through renovation
- Buyers who value a right-sized single-family footprint over square-footage maximization
Probably not for
- Buyers who want move-in-ready new construction with modern systems out of the box
- Buyers needing broad selection and fast availability, given limited turnover here
- Investors chasing rental-heavy pockets, since this is predominantly owner-occupied
The market around Waterford Lakes
Waterford Lakes is too small for its own price trend, so here is the market around it.
In ZIP 32828, 223 homes are on the market and 28% are under contract — a steady corner of Orlando.
Across Orange County, 5,909 homes are active and 1,877 pending (24% under contract).
In ZIP 32828 (Orlando), 625 homes closed in the last 12 months at a median of $488K ($221/sq ft), down 1.8% year over year, with a median 33 days on market. Right now 73 active and 23 pending listings put supply at about 3.9 months — a balanced market. See the live ZIP 32828 housing market and the Orange County market.
ZIP and county figures describe the wider market, not Waterford Lakes specifically. Momentum Research analysis of MLS records.
The Waterford Lakes buying strategy.
If we were buying in Waterford Lakes 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 Waterford Lakes.
A condition market, not a floor-plan market
With homes clustered between 1994 and 1997 and a median build year of 1995, the housing stock is functionally uniform in age. That uniformity is useful: you can price and inspect against a known vintage. It also means the major-systems question — roof, HVAC, plumbing, windows — is the real story on any given house, since these homes are now decades into their service life. Buyers should read inspection reports closely; sellers who have already handled those systems should document it and lead with it.
The three-quarters homestead share tells you this is a lived-in, owner-occupied pocket rather than a rental-heavy one. That tends to show up in maintenance and curb presentation, but it also constrains supply. Fewer homes trade in a place like this, so the analytics behind any single listing are only as good as the handful of recent comparables around it.
The location and the amenities are priced into every listing in Waterford Lakes. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small, thinly-traded pocket like this, the difference between a good and a bad price is buried in condition detail, not in a spreadsheet of averages. We underwrite each home against its true vintage and updates, dig into the recent nearby sales that actually apply, and tell you plainly when a listing is priced for its finishes and when it is priced for its address.
Waterford Lakes 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 Waterford Lakes 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 Waterford Lakes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Waterford Lakes, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Waterford Lakes home worth?
Get a no-obligation home value based on real comparable sales in Waterford Lakes, 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 Waterford Lakes?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| Historical depth | Closed-sale records back to 2015 (39 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 Waterford Lakes Ph 02 fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Waterford Lakes
Where is Waterford Lakes?
Waterford Lakes is a community in Orlando, Orange County, Florida, ZIP 32828.
Are there homes for sale in Waterford Lakes right now?
No active listings inside Waterford Lakes at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Waterford Lakes have an HOA or CDD?
No HOA is on record for Waterford Lakes 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.
Nearby Communities
Explore more neighborhoods near Waterford Lakes with Momentum Realty’s local guides.