Reserve at Phillips Cove
A small gated Dr. Phillips enclave of custom estates.
Live the MaxLife.
$1.6M
Median Price
$1.1M – $2.4M
50
Homes
$300–$500
Monthly HOA
2002
Established
Dr. Phillips Elementary
School Zone
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Background
A brief history
Reserve at Phillips Cove was developed in 2002 as a small infill gated community adjacent to the older Phillips Cove subdivision. Roughly 50 lots were released as custom builds on half-acre-plus parcels, with most build-out completing between 2003 and 2010. The community was designed as a higher-end counterpart to the production-style Phillips Cove next door — gated, architecturally controlled, and larger-lot. Sales turnover is thin, typically one to three per year.
The feel
What it's like to live here
Reserve at Phillips Cove is a small quiet community that most out-of-market buyers don't know exists — the kind of Dr. Phillips pocket that residents keep to themselves. The gate is keypad. The interior is a single short loop with cul-de-sac spurs. Lots run 0.45 to 0.8 acre. Architecture is tile-roof Mediterranean and traditional estate, with a minority of transitional rebuilds. The community has no pool or clubhouse by design — residents typically hold memberships at Bay Hill or Ritz-Carlton Orlando.
The details
What to expect
Architecture & Lots
Tile-roof Mediterranean and traditional estate custom builds from 2003–2010, with a minority of 2018+ transitional rebuilds. Main homes 3,800–6,000 square feet. Lots 0.45 to 0.8 acre.
Lifestyle & Amenities
Keypad gated entrance, single-loop interior, mature landscaping. No pool or clubhouse by design. Residents typically hold memberships at Bay Hill Club, Ritz-Carlton Orlando, or Isleworth.
HOA Rules & Fees
Monthly dues $300–$500. Active architectural review — exterior changes (paint, roof, landscape) require pre-approval. Short-term rentals prohibited; 6-month minimum lease.
Schools
Zoned for Dr. Phillips Elementary, Southwest Middle, and Dr. Phillips High.
Access & Commute
Six minutes to Restaurant Row, 9 minutes to I-4 at Sand Lake Road or Lake Buena Vista, 12 minutes to Disney, 25 minutes to MCO and downtown Orlando.
Community
Amenities
- Keypad gated entrance
- Half-acre-plus lots
- Single-loop interior — zero through-traffic
- Architecturally coherent Mediterranean and traditional estates
- Under 60 homes — one of the smallest gated communities in Dr. Phillips
Know Before You Buy
HOA rules worth knowing
- Monthly HOA $300–$500
- All exterior changes require architectural review
- Short-term rentals prohibited; 6-month minimum lease
- Fencing restricted on front elevations
Education
School assignments
- Dr. Phillips Elementary
- Southwest Middle School
- Dr. Phillips High School
- The First Academy (private)
School zone assignments change. Verify with Orange County Public Schools before purchase.
Market Commentary
What the market is doing
Current median trades in the $1.5M–$1.75M band. Smaller interior homes move $1.1M–$1.45M. Well-renovated larger homes run $1.6M–$2M. A handful of recent rebuilds on best-in-community lots have closed $2.1M–$2.4M. Price-per-square-foot runs $335 for dated originals to $425 for renovated. Inventory is chronically thin — off-market sales through local broker relationships are common.
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Recent sales in Dr. Phillips
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Information on this page is compiled from public records, MLS data, community associations, and broker observation. Price ranges, HOA fees, school assignments, and community amenities change — verify all details with MaxLife Realty and the relevant community association before making a purchase decision. Ryan Solberg, Broker, License #BK3354351. MaxLife Realty, 321.373.3536.