$1,349,000

303 Waterwood Drive

Yalaha, FL 34797

Active
5
Beds
4
Baths
4,860
Sq Ft
0.49
Acres
1987
Built
WaterfrontWater accessFireplace3-car garage$278/sqft360° tour
🏠Single Family Residence

Property type

🏗️1987

Year built

📐21,344 sqft

Lot size

📊$278

Price / sq ft

🏘️$176/mo

HOA dues

📅80

Days on market

🚗3

Garage spaces

🌊X

Flood zone

About this home

Motivated Seller has made a huge price reduction! Wake up to sweeping sunrise views over Lake Harris and enjoy direct access to the renowned Harris Chain of Lakes from this exceptional waterfront estate in the private community of Waterwood. Known for its boating, fishing and waterfront dining, the Harris Chain offers over 75,000 acres of connected lakes and endless recreational opportunities. This nearly 5,000-square-foot custom home has been thoughtfully reimagined with designer finishes and a light-filled, open layout that frames breathtaking panoramic lake views. An organic modern aesthetic with quiet luxury influences emphasizes natural textures, clean lines and a sense of effortless sophistication throughout. Luxury vinyl plank flooring, plush bedroom carpeting, and refined lighting create a warm and cohesive interior. At the heart of the home is a showstopping chef’s kitchen featuring professional-grade stainless steel appliances, quartz countertops and custom cabinetry, all overlooking the water. The kitchen flows seamlessly into the breakfast nook and expansive living area, making it ideal for entertaining. A custom wine closet and formal dining area further enhance the home’s elevated design. Two luxurious primary suites, each with a private balcony and spa-inspired bath, are peaceful waterfront retreats. Additional spa-like baths and generous guest accommodations provide comfort for family and visitors alike. Recent upgrades include a new roof (2022), enhanced patio screening, fresh interior paint, stylish lighting and an electric fireplace as well as two HVAC units for comfort year round. The oversized three-car garage provides abundant storage for vehicles and recreational gear. Outdoors, enjoy over 100 feet of private lake frontage, a 60-foot covered lanai and space to add a future infinity pool. Launch your boat or watercraft directly from your backyard and explore nearby waterfront restaurants and charming towns such as Mount Dora, Tavares and Eustis. Waterwood residents also enjoy access to a private community marina with 22 boat slips. Golf enthusiasts will appreciate the home’s proximity to Mission Inn, just five minutes away and the junior golf academy at Bishops Gate. Ideally located approximately 10 minutes from the Florida Turnpike, with convenient access to Orlando, Tampa and Florida’s beaches, this home offers a rare blend of privacy, luxury and connectivity. This is refined lakefront living at its finest, designed for those who value space, scenery and a thoughtfully curated home. Schedule your private showing today.

Estimated monthly payment

Principal & interest$6,821
Property taxes$337
Home insurance (est.)$618
HOA dues$176

Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.

Price & listing history80 days on market

  1. Status: Active
    Mar 10, 2026
  2. Listed$1,500,000
    Mar 10, 2026
  3. Price reduced$1,349,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
80
Subdivision
Waterwood
County
Lake
Year built
1987
Living area
4,860 sq ft
Price/sq ft
$278
Building area
7,290 sq ft (Public Records)
Lot size
21,344 sq ft
Lot category
1/4 to less than 1/2
Flood zone
X
Garage
3 spaces
Annual taxes
$4,039 (2025)
Parcel #
17-20-25-0635-000-00300
Zoning
R
MLS #
O6389408

Interior Details

Bedrooms
5
Full bathrooms
3
Half bathrooms
1
Flooring
Carpet, Luxury Vinyl
Appliances
Built-In Oven, Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Tankless Water Heater, Washer
Interior features
Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Surface Counters, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
Laundry
Inside, Laundry Closet
Stories / Levels
Two
Direction faces
South
Fireplace
Yes

Heating & Cooling

Heating
Central
Cooling
Central Air, Attic Fan

Parking

Garage spaces
3
Attached garage
Yes
Parking features
Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side, Oversized

HOA & Financial

HOA fee
$529 / Quarterly
Monthly HOA
$176/mo
Total monthly fees
$176/mo
Total annual fees
$2,116
HOA name
Sharron Brown
CDD
No
Homestead exemption
Yes
Min lease term
7 Months
Listing terms
Cash, Conventional, VA Loan
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
See community restrictions for full information

Exterior & Construction

Exterior features
Balcony, Sliding Doors
Construction materials
Block, Brick, Stucco
Roof
Shingle
Foundation
Slab
Waterfront
Yes
Water access
Yes
Water view
Yes
Road surface
Paved

Utilities

Sewer
Private Sewer
Water source
Private
Utilities
Electricity Connected, Water Connected

Community

Pets allowed
Cats OK, Dogs OK, Yes

Room Details

RoomLevelDimensions
Living RoomFirst29x41
Bonus RoomFirst
DinetteFirst20x15
KitchenFirst24x13
Primary BedroomFirst18x26
Bedroom 5First15x11
Primary BedroomSecond23x26
LoftSecond
Bedroom 3Second12x17
Bedroom 4Second13x16

Listing Details

Listing date
2026-03-10
On market date
2026-03-10
Original list price
$1,500,000
Occupant type
Owner
MLS area
34797 - Yalaha
Listing AOR
Orlando Regional
Status changed
2026-03-10
Tax legal description
WATERWOOD SUB, FIRST ADD LOT 3 PB 27 PG 68 ORB 6008 PG 800

Flood risk

Minimal riskFEMA Zone X

Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.

Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.

Location

Directions

US Highway 27 from the turnpike, turn right on 48, then left on Waterwood Drive. Home will be on your left.

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MLS GRID

Listings courtesy of Stellar MLS as distributed by MLS GRID

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the MLS GRID as of May 29, 2026 at 8:42 AM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA