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Waterford Lakes

Waterford Lakes

Suburban Neighborhood in Alafaya, Florida

Orange County 32825, 32828

$342,777 Average Value
$240 Average Price per Sq Ft
8 Homes For Sale

An all-in-one Orlando neighborhood

Ray Lopez hears it again and again when he sells homes in Waterford Lakes: there’s so much to do inside the neighborhood. Home to one of Orlando’s largest shopping centers, Waterford Lakes makes up for its location 13 miles from downtown Orlando. “You pretty much have everything in one spot,” says Lopez, owner and operator of the Keller Williams Orlando Waterford office and a resident since 2001. “You don’t really need to leave Waterford Lakes for anything.” Waterford Lakes is one of several neighborhoods making up a large master-planned community also called Waterford Lakes. Unlike surrounding neighborhoods such as Waterford Lakes East and Waterford Lakes South, which are mostly homes, Waterford Lakes is defined by Waterford Lakes Town Center. The open-air shopping and dining complex features more than 100 businesses, all within 2 miles of residents.

Tiger Woods’ mini golf course at Waterford Lakes Town Center

Waterford Lakes Town Center has large stores such as Target, Sprouts and The Home Depot, and restaurant options include upscale chain Cooper’s Hawk and Kura Revolving Sushi Bar, which opened in 2024 to a line of customers out the door. Orlando’s theme parks are more than 20 miles away, but Waterford Lakes has its share of entertainment. Golfer Tiger Woods is a partner in PopStroke, an 18-hole miniature golf course that incorporates rolling terrain, bunkers and fairways. “When I have friends come in from out of town, they’ve never seen anything like it,” Lopez says. At Keg Social Orlando, bowling, axe-throwing and arcade games are available year-round. The East Orlando Farmers Market comes to Waterford Lakes Town Center on Sundays. Vendors sell raw Florida honey, tropical fruit and fluffy crocheted animals. The town center also hosts monthly events, such as outdoor movie screenings, and has an AdventHealth Primary Care clinic.

Popstroke offers Waterford Lakes residents a golf oasis in the suburbs.
Popstroke offers Waterford Lakes residents a golf oasis in the suburbs.
Popstroke offers Waterford Lakes residents a golf oasis in the suburbs.
Popstroke offers Waterford Lakes residents a golf oasis in the suburbs.
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Houses and condos in Waterford Lakes

Most residents rent, but there are dozens of houses and condos. Homes are often Mediterranean-influenced designs or Colonial Revivals situated on tight lots, and many houses back up to small lakes and ponds. Homes typically cost between $250,000 and $450,000, though properties with private swimming pools can fetch more. “When we look at housing in general, people want a pool,” Lopez says. “Homes with pools are getting people top dollar.” Condo complexes are clustered on the southeast side of the neighborhood, with units usually selling for between $200,000 and $300,000.

A walking track winds past waterfront in Waterford Lakes.
A walking track winds past waterfront in Waterford Lakes.
Tropical foliage is found throughout Waterford Lakes.
Tropical foliage is found throughout Waterford Lakes.
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Dual enrollment options at Timber Creek High

Children getting a public education are zoned to Orange County Public Schools, starting with Waterford Elementary School. Located in the neighborhood, Waterford Elementary gets an A-minus from Niche. Students can progress to Discovery Middle School, graded a B-plus, and Timber Creek High School, which receives an A-plus. Teens at Timber Creek High can take dual enrollment courses at one of three higher learning institutions: the University of Central Florida, Valencia College or Orange Technical College. Orange County Public Schools allows students to transfer to schools they’re not zoned to, contingent on an application process and a school’s capacity level. The University of Central Florida is about 2 miles north of Waterford Lakes. Not only is it the largest college in Florida, but UCF’s campus abuts Central Florida Research Park. Nearly 10,000 people work at this cluster of technology companies and government contractors.

Student drop off and pick up is located at the entrance of Waterford Elementary School.
Student drop off and pick up is located at the entrance of Waterford Elementary School.
A mural covers the campus at Discovery Middle School in Waterford Lakes.
A mural covers the campus at Discovery Middle School in Waterford Lakes.
Timber Creek High School is a highly rated public school in the Orlando suburbs.
Timber Creek High School is a highly rated public school in the Orlando suburbs.
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A green respite at East Orange Neighborhood Park

East Orange Neighborhood Park provides a break in the residential and commercial development sprawling across the neighborhood. Children can play on the playground, shaded from the Florida sun by canopies. A small creek provides a home for ducks and other birds. Just south of the neighborhood, the Waterford Lakes Community Association pickleball courts host occasional tournaments with small cash prizes. Locals can hike 3 miles of trails near the Econlockhatchee River at the Econlockhatchee Sandhills Conservation Area 5 miles away.

The baseball fields at the Waterford Lakes Recreation Center.
The baseball fields at the Waterford Lakes Recreation Center.
The playground and swing set at East Orange Park in Waterford Lakes.
The playground and swing set at East Orange Park in Waterford Lakes.
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St. Joseph Catholic Church, Innovation Church and more

Waterford Lakes has one of the heaviest concentrations of churches in eastern Orlando, with more than five in the neighborhood. They include St. Joseph Catholic Church, The Church of Jesus Christ of Latter-day Saints and nondenominational churches such as Innovation Church. Innovation Church is often busy putting on events in and near Waterford Lakes, including an Easter jam with face painting and inflatables and a fall hoedown complete with pony rides and bonfires. Meanwhile, Masjid Al-Malik is about 2 miles from the neighborhood.

State Road 408 connects to Orlando

Waterford Lakes has on- and off-ramps to State Road 408, a toll road that leads to downtown Orlando. While 408 runs east and west, it intersects with State Road 417, a north-to-south toll road. “You can go anywhere in the city within 45 minutes,” Lopez explains. The Lynx bus system has a stop at the intersection of East Colonial Drive and Alafaya Trail; the bus reaches the University of Central Florida in less than 10 minutes and arrives downtown within an hour. Orlando International Airport is 17 miles away.

Alex Soderstrom
Written By
Alex Soderstrom
Rodrigo Betancor
Photography Contributed By
Rodrigo Betancor
Logan Cox
Video By
Logan Cox

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Cindy A. Murray, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Orlando International

23 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Waterford Lakes US
Homicide 5 4
Sexual Assault 8 4
Assault with Weapon 6 4
Robbery 4 4
Burglary 8 4
Motor Vehicle Theft 6 4
Larceny 9 4
Crime Score 7 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$293,000
Median Single Family Price
$373,500
Median Townhouse Price
$254,500
Median 2 Bedroom Price
$252,000
Median 1 Bedroom Price
$199,000
Average Price Per Sq Ft
$240
Number of Homes for Sale
8
Last 12 months Home Sales
34
Months of Supply
2.80
Median List Price
$302,250
Median Discount From 1st List Price
4%
Median Home Sale Price YoY Change
-10%

Home Facts

Number of Homes in Neighborhood
879
Median Year Built
1998
Avg. Single Family Home Size Sq Ft
1,662
Below the national average
1,935
Average Townhouse Size Sq Ft
1,194
Average 2 Bedroom Size Sq Ft
1,013
Average 1 Bedroom Size Sq Ft
732
Median Lot Size Sq Ft
4,791

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Cindy A. Murray, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
10,039
Median Age
31
Population Density
5 ppl/acre
Population under 18
24.5%
On par with the national average
23.8%
Population over 65
8.4%
Below the national average
19.1%

Finances

Median Household Income
$53,634
Significantly below the national average
$71,702
Average Household Income
$59,407

Education and Workforce

High School Graduates
95.6%
Above the national average
89.1%
College Graduates
36.8%
Advanced Degrees
9.8%
% Population in Labor Force
74.4%
Above the national average
65.1%

Weather

Annual Precipitation
51''
Average Winter Low Temperature
52°F
Average Summer High Temperature
92°F
Annual Snowfall
0''

Area Factors

Very Bikeable

Bike Score®

71 / 100

Somewhat Walkable

Walk Score®

67 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Waterford Lakes