Waters Edge/Lk Nona Un #1
Homes for Sale in Orlando, FL
True comps, carrying-cost math, and listings before the portals.
This is a built-out subdivision inside the Lake Nona area of Orlando, with homes dating from 2000 to 2015 and a median build year of 2012. That means the stock skews toward the newer end of that window, and pricing here is driven far more by condition and updates than by any structural age gap. At a median of roughly 1,914 square feet, these are mid-sized homes, and the spread in what a given house fetches will come down to renovation state, lot, and layout rather than square footage alone.
With 293 homes and a homestead share of 58%, a little over half of these are owner-occupied primary residences, which tends to keep resale supply measured rather than flooded. For a seller, that argues for pricing to your home's actual condition instead of a neighborhood average. For a buyer, expect to sort real updates from cosmetic ones — the age band is tight enough that the paperwork won't tell you much, but the walk-through will.
Who Waters Edge/Lk Nona Un #1 is best for.
Best for
- Buyers seeking a roughly 1,900-square-foot home in an established Lake Nona setting
- Value-focused buyers willing to pay for condition and updates rather than square footage
- Owner-occupants planning to hold, given the community's majority-homesteaded profile
Probably not for
- Buyers who want brand-new construction with untouched systems
- Shoppers needing a wide, always-available selection to choose from
- Buyers unwilling to budget for roof, HVAC, or water-heater replacement on an early-2010s home
The market around Waters Edge/Lk Nona Un #1
Waters Edge/Lk Nona Un #1 is a small community — 10 recorded sales on file, most recently in 2025 — too few for its own price trend. Here is the market around it.
Across Orange County, 5,886 homes are active and 2,019 pending (26% under contract).
The housing mix here is 74% single family residence, 26% townhouse.
ZIP and county figures describe the wider market, not Waters Edge/Lk Nona Un #1 specifically. Momentum Research analysis of MLS records.
The Waters Edge/Lk Nona Un #1 buying strategy.
If we were buying in Waters Edge/Lk Nona Un #1 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 Waters Edge/Lk Nona Un #1.
A tight vintage band, a condition-driven market
Everything here was built between 2000 and 2015, clustering around 2012. That is a narrow enough window that you are not choosing between eras of construction — you are choosing between houses that have been kept up and houses that have not. Systems like roofs, HVAC, and water heaters are now at the age where they matter, so budget your inspection attention accordingly regardless of asking price.
The median living area sits just under 1,914 square feet, which puts most of this stock in the mid-sized range for the Lake Nona area. With 293 homes total, this is a defined community rather than a sprawling one, so comparable sales stay relatively clean — the trade-off is that inventory can be thin, and the right home may take patience to appear.
The location and the amenities are priced into every listing in Waters Edge/Lk Nona Un #1. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this tightly defined, the value case lives in the details — which updates were done, when systems were last replaced, and how a specific house compares to the handful of genuine comparables nearby. We read that record for what it is, price to condition rather than to a headline average, and tell you plainly when a listing's number does not match its actual state.
Waters Edge/Lk Nona Un #1 in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- 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 Waters Edge/Lk Nona Un #1 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 Waters Edge/Lk Nona Un #1 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Waters Edge/Lk Nona Un #1, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Waters Edge/Lk Nona Un #1 home worth?
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Recent Developments in Waters Edge Lk Nona Un 1
Development, infrastructure, retail, and school activity affecting Waters Edge Lk Nona Un 1, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated August 2026.
- July 2026Development
Capstone begins construction on The Gateway luxury apartments
Capstone Building Corp began construction on The Gateway, a 270-unit apartment community at 7250 Shadowridge Drive in Orlando, developed by JBL Development. The five-story gated project spans more than 417,000 square feet and is expected to be completed in late 2027. Amenities include a saltwater pool, fitness center, pickleball court, and a clubhouse with a restaurant and bar.
What it may mean for the marketAdds 270 market rate apartments in a five story building with resort style amenities, expanding the local rental housing stock in the Airport Lakes area of south Orlando. The project is about 2 miles southwest of Waters Edge Lk Nona Un 1, elsewhere in Orange County.
Source: Construction Owners - July 2026Development
Orange County opens Enclave at Canopy Park with 104 affordable units
Orange County opened The Enclave at Canopy Park, a 104-unit affordable apartment community at 4440 Canopy Park Loop developed by Archway Partners. The county contributed 3 million dollars from its Affordable Housing Trust Fund. The community includes one and two bedroom homes plus a community center, fitness center, technology lab, and EV charging.
What it may mean for the marketAdds 104 income-restricted apartment homes to the local rental supply along with new community amenities and green-certified construction. The project is about 7 miles west of Waters Edge Lk Nona Un 1, elsewhere in Orange County.
Source: ClickOrlando - July 2026Civic
Orange County previews new Innovation Center on West Colonial Drive
Orange County previewed its new Innovation Center at 7149 West Colonial Drive, located within the county's Multicultural Center and Senior Center complex, with an official opening set for Fall 2026. The center will offer technology programs including 3D printing and makerspace prototyping through the Orange County Library System, plus career exploration and workforce training through CareerSource Central Florida.
What it may mean for the marketAdds a county operated civic and technology facility with library and workforce programming to the West Colonial corridor. The project is about 13 miles northwest of Waters Edge Lk Nona Un 1, elsewhere in Orange County.
Source: Orange County Newsroom - June 2026Development
Mixed-use high-rise redesigned for 924 and 934 North Magnolia Avenue
A redesigned 17-story mixed-use high-rise was proposed for 924 and 934 North Magnolia Avenue in Orlando's North Quarter district by Acram Group. The project would include 350 residential units, about 3,300 square feet of ground-floor commercial space, and a parking garage with 510 spaces, replacing two 1972 office buildings. A public plaza is planned at the corner of Magnolia and Weber Street.
What it may mean for the marketWould replace two aging office buildings with 350 residences, ground floor retail, and structured parking, adding housing density and a public plaza along the Orlando Urban Trail. The project is about 9 miles northwest of Waters Edge Lk Nona Un 1, elsewhere in Orange County.
Source: Florida YIMBY - June 2026Development
Planning board approves zoning for 37-story tower at 170 East Washington Street
Orlando's Municipal Planning Board voted to approve a Planned Development amendment for a 37-story, 425-foot mixed-use tower at 170 East Washington Street across from Lake Eola Park. The project would include 252 residential units, a 221-room hotel, a three-story restaurant, and structured parking. It still requires City Council consideration before construction.
What it may mean for the marketWould add a 37 story tower with 252 residences and a hotel to the downtown skyline, replacing a prior approval for a 7 story hotel and increasing high density housing and parking supply. The project is about 8 miles northwest of Waters Edge Lk Nona Un 1, elsewhere in Orange County.
Source: Florida YIMBY - March 2026Development
Orlando approves the 380-acre Dowden Central Community Development District in Lake Nona
Orlando approved the Dowden Central Community Development District, a roughly 380-acre district in the Lake Nona area of southeast Orlando, in March 2026. The district provides the framework to build roads, drainage, utilities, and parks for future development phases.
What it may mean for the marketA new community development district lays the groundwork for large-scale growth in the Lake Nona area, a step that typically precedes new housing and commercial activity nearby. The site is about 5 miles south of Waters Edge Lk Nona Un 1.
Source: ClickOrlando
Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.
Frequently Asked Questions
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Should you buy in Waters Edge/Lk Nona Un #1?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (4 streets, ZIP 32827)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2015 (14 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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