632 Terrace Cove Way, FL
Stellar MLS

$615,000

632 Terrace Cove Way

Orlando, FL 32828

Active
4
Beds
3
Baths
2,416
Sq Ft
0.23
Acres
1993
Built
Private poolFireplace$255/sqft
Single Family Residence

Property type

1993

Year built

10,001 sqft

Lot size

$255

Price / sq ft

$29/mo

HOA dues

3

Days on market

2

Garage spaces

X

Flood zone

About this home

Live the resort lifestyle in this spectacular heated pool home in highly sought-after Waterford Lakes. Situated on an oversized nearly quarter-acre lot with no rear neighbors, this updated 4-bedroom, 3-bathroom home with a dedicated home office/flex space offers 2,416 square feet of living space designed for comfort, privacy, and entertaining. Inside, you'll find soaring 12-foot ceilings, a dramatic 15-foot vaulted living room, natural light, a wood-burning fireplace, and expansive sliding glass doors that seamlessly connect indoor and outdoor living spaces. The commercial-style gourmet kitchen features dual gas ranges and ovens, eight gas burners, dual flat-top griddles, stainless steel hood and backsplash, quartz countertops, a walk-in pantry, and a breakfast nook overlooking the pool and lanai. A formal dining room with crown molding offers entertaining space. The three-way split-bedroom floor plan offers privacy with each wing having access to its own full bathroom. The primary suite features French doors to the pool, a walk-in closet, dual vanities, and a soaking tub. A secondary bedroom also offers French doors to the lanai and pool, a walk-in closet, and is ideal for guests or multi-generational living. The dedicated office/flex space can serve as a home office, fitness room, media room, playroom, guest room, or potential fifth bedroom. Outside, enjoy a private backyard oasis featuring a screened heated pool and spa, swim-up bar, expansive covered lanai, and summer kitchen. The oversized pool enclosure, upgraded screening, and lack of rear neighbors provide privacy and year-round enjoyment. A standout feature is the home's propane-powered amenities, including dual propane gas ranges, propane hot water heater, buried propane tank, and propane-heated pool and spa—features rarely found in many Central Florida communities. Major updates include a new roof (2020), whole-home repipe (2022), propane hot water heater (2023), dual gas ranges (2023), interior paint (2024), painted pool deck (2024), buried propane tank (2024), Carrier Infinity 24 variable-speed 5-ton HVAC with advanced dehumidification (2024), Carrier whole-home germicidal air purification system (2024), LG refrigerator (2024), LG washer, pedestal washer and dryer (2024), KitchenAid dishwasher (2024), Kraus touchless kitchen faucet (2024), Gerber toilets (2024), upgraded Phifer pool enclosure screens (2024), chimney improvements with new chase pan (2025), Jandy variable-speed pool pump (2025), and Jandy 400,000 BTU propane pool heater (2025). Waterford Elementary School and Discovery Middle School are located directly across the street from the community, allowing for a quick walk to school while avoiding lengthy carpool lines. The home is also zoned for highly regarded Timber Creek High School. Residents enjoy a recreation center, resort-style community pool, fitness equipment, playground, pickleball courts, tennis courts, basketball courts, sand volleyball courts, dog park, and walking trail. Conveniently located near Waterford Lakes Town Center, UCF, Research Park, Lockheed Martin, Orlando International Airport, SR-408, SR-417, shopping, dining, entertainment, and major employers. Featuring a heated pool and spa, swim-up bar, outdoor kitchen, dedicated home office, gourmet gas kitchen, wood-burning fireplace, oversized lot, no rear neighbors, top-rated schools, and extensive recent upgrades, this exceptional Waterford Lakes home offers the true Florida lifestyle.

Local Insight

At $255/sqft for a 1993 build in Waterford Lakes, you're paying a reasonable premium for the private pool and established neighborhood infrastructure, but at nearly 30 years old you should budget for HVAC and roof replacement soon—get a thorough inspection on those systems. The 0.23-acre lot is tight, so the pool takes up meaningful yard space, which is great if that's your priority but limits flexibility if you later want a different outdoor setup. Being in flood zone X is a genuine advantage for insurance costs and resale, and the schools feed into solid performing campuses, making this location stable for families.

AI-generated insight based on listing data and neighborhood context. Verify independently.

Estimated monthly payment

Principal & interest$3,110
Property taxes$661
Home insurance (est.)$282
HOA dues$29

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 history3 days on market

  1. Status: Active
    Jun 3, 2026
  2. Listed$615,000
    Jun 3, 2026
  3. Price increased$615,000

Virtual Tour

Facts & features

Property type
Residential
Sub type
Single Family Residence
Status
Active
Days on market
3
Subdivision
Waterford Lakes Tr N24
County
Orange
Year built
1993
Living area
2,416 sq ft
Price/sq ft
$255
Building area
3,410 sq ft (Public Records)
Lot size
10,001 sq ft
Lot category
0 to less than 1/4
Flood zone
X (12095C0290F)
Garage
2 spaces
Pool
Private pool
Annual taxes
$7,933 (2025)
Parcel #
26-22-31-9050-00-310
Zoning
P-D
MLS #
O6412482

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Interior Details

Bedrooms
4
Full bathrooms
3
Flooring
Hardwood, Tile, Wood
Appliances
Bar Fridge, Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
Interior features
Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
Laundry
Laundry Room
Stories / Levels
One
Direction faces
South
Fireplace
Yes

Heating & Cooling

Heating
Central
Cooling
Central Air

Parking

Garage spaces
2
Attached garage
Yes

HOA & Financial

HOA fee
$350 / Annually
Monthly HOA
$29/mo
Total monthly fees
$113/mo
Total annual fees
$1,350
HOA name
Community Management Specialist Inc.
CDD
No
Homestead exemption
Yes
Min lease term
8-12 Months
Listing terms
Cash, Conventional, FHA, VA Loan
Ownership
Fee Simple
Available for lease
Yes
Lease restrictions
Yes
Additional lease restrictions
The buyer or their representatives responsibility to verify all leasing restrictions.
Approval process
The buyer or their representatives responsibility to verify all approval processes.

Exterior & Construction

Exterior features
French Doors, Outdoor Kitchen, Private Yard, Rain Gutters, Sidewalk, Sliding Doors
Construction materials
Block, Brick, Stucco
Roof
Shingle
Foundation
Slab
Pool
Private pool
Road surface
Asphalt

Utilities

Sewer
Public Sewer
Water source
Public
Utilities
Electricity Connected, Fiber Optics, Propane, Public, Sewer Connected, Sprinkler Meter, Water Connected

Community

Pets allowed
Breed Restrictions

Schools

ElementaryAWaterford ElemGreatSchools ↗
MiddleADiscovery MiddleGreatSchools ↗
High SchoolATimber Creek HighGreatSchools ↗

Letter grades: Florida DOE 2024–25 school grades (Orange, Seminole, Lake, Osceola, Brevard). Assigned schools from the listing agent — verify enrollment with the district.

Room Details

RoomLevelDimensions
KitchenFirst13x26
Dining RoomFirst12x13
Living RoomFirst19x24
Primary BedroomFirst13x18
Bedroom 2First11x13
Bedroom 3First11x12
Bedroom 4First11x11
OfficeFirst12x14
Primary BathroomFirst13x14

Listing Details

Listing date
2026-06-03
On market date
2026-06-03
Original list price
$615,000
Occupant type
Owner
MLS area
32828 - Orlando/Alafaya/Waterford Lakes
Listing AOR
Orlando Regional
Status changed
2026-06-03
Tax legal description
WATERFORD LAKES TRACT N-24 30/89 LOT 31

Flood risk

Minimal riskFEMA Zone XPanel 12095C0290F

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

From State Road 408 (East-West Expressway), take Exit 21 for Alafaya Trail and head south. Continue on Alafaya Trail for approximately 2.5 miles, then turn left onto Lake Underhill Road. After about half a mile, turn left into the Waterford Cove community. Continue through the neighborhood, turn left onto Crystal Dove Drive, then turn right onto Terrace Cove Way. Follow Terrace Cove Way to 632 Terrace Cove Way, which will be on the left-hand side of the street.

Property sale history

Public records

632 TERRACE COVE WAY, Orlando 32828

  • Apr 2024$579,000

2,416 sq ft · Built 1993 · 0.2296 acres

Sale data from Florida public records (Department of Revenue / county property appraiser). Deemed reliable but not guaranteed; may not reflect current market or MLS status. Not Stellar MLS data.

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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 June 6, 2026 at 2:07 PM 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.

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