Waters Edge/Lk Nona Un #1
Homes for Sale in Orlando, FL

Community in Orlando · Orange County
293 homesBuilt 2000–2015
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Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily
Live · Waters Edge/Lk Nona Un #1 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
58%
Owner-occupied · Waters Edge/Lk Nona Un #1
170 of 293 parcels homesteaded (FL DOR 2025)
42%
Non-owner-occupied · Waters Edge/Lk Nona Un #1
incl. 7% trust or LLC-held · 100% out-of-state
50%
Cash buyers · Waters Edge/Lk Nona Un #1
3 of 6 sales, 12 mo ending June 2022
293
Homes in the community
293 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 2000
Community established
homes built 2000-2015, median 2012 (FL DOR 2025)
0
Failed listings · 2025
peaked at 3 in 2019
0.3%/yr
Turnover rate
about 1 of 293 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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.

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.

If we were buying in Waters Edge/Lk Nona Un #1 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 Waters Edge/Lk Nona Un #1.

Best Buy
Buyers who want a newer-era Lake Nona home without new-construction pricing.
Biggest Risk
Systems from the mid-2000s to early 2010s are aging into replacement range.
Sweet Spot
A well-maintained mid-sized home priced to its true condition.
Avoid If
You need constant inventory and cannot wait for the right listing.

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.

Jon Brooks · Founder, Momentum Realty

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.

Best forBuyers who want a newer-era Lake Nona home without new-construction pricing.
Biggest advantageA tight vintage band keeps comparables clean and expectations honest.
Biggest riskSystems from the mid-2000s to early 2010s are aging into replacement range.
Sweet spotA well-maintained mid-sized home priced to its true condition.
Avoid ifYou need constant inventory and cannot wait for the right listing.

HOA, CDD & Fees

In short
  • 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.

The takeaway

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.

What is your Waters Edge/Lk Nona Un #1 home worth?

Get a no-obligation home value based on real comparable sales in Waters Edge/Lk Nona Un #1, 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.

Frequently Asked Questions

How many homes are in Waters Edge/Lk Nona Un #1?
The Florida DOR 2025 assessment roll shows 293 homes in Waters Edge/Lk Nona Un #1 (public records).
What share of Waters Edge/Lk Nona Un #1 is owner-occupied?
58% of Waters Edge/Lk Nona Un #1 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Waters Edge/Lk Nona Un #1 built?
Homes in Waters Edge/Lk Nona Un #1 were built between 2000 and 2015, with a median year built of 2012 (FL DOR 2025 roll).
Do cash buyers compete in Waters Edge/Lk Nona Un #1?
Cash buyers took 50% of Waters Edge/Lk Nona Un #1 sales in the 12 months ending June 2022 (3 of 6 closings, Stellar MLS).
Who is the best real estate agent for Waters Edge/Lk Nona Un #1?
The best agent for Waters Edge/Lk Nona Un #1 is one who actively works Orlando and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Waters Edge/Lk Nona Un #1.
How do I find a top Orlando real estate agent who knows Waters Edge/Lk Nona Un #1?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Waters Edge/Lk Nona Un #1 and the wider Orlando area.
Can Momentum Realty connect me with an agent for Waters Edge/Lk Nona Un #1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Waters Edge/Lk Nona Un #1 purchase or sale - no call center and no pressure.
Buyers seeking a roughly 1,900-square-foot home in an established Lake Nona settingExcellent fit
Value-focused buyers willing to pay for condition and updates rather than square footageExcellent fit
Owner-occupants planning to hold, given the community's majority-homesteaded profileExcellent fit
Buyers who want brand-new construction with untouched systemsProbably not
Shoppers needing a wide, always-available selection to choose fromProbably not
Buyers unwilling to budget for roof, HVAC, or water-heater replacement on an early-2010s homeProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 32827))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-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.

Own a home here?

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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 your area comps.

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