$615,000
632 Terrace Cove Way
Orlando, FL 32828
Property type
Year built
Lot size
Price / sq ft
HOA dues
Days on market
Garage spaces
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
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
- Status: ActiveJun 3, 2026
- Listed$615,000Jun 3, 2026
- 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
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
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | First | 13x26 |
| Dining Room | First | 12x13 |
| Living Room | First | 19x24 |
| Primary Bedroom | First | 13x18 |
| Bedroom 2 | First | 11x13 |
| Bedroom 3 | First | 11x12 |
| Bedroom 4 | First | 11x11 |
| Office | First | 12x14 |
| Primary Bathroom | First | 13x14 |
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-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 records632 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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