Orange County · ZIP 32828 · East Orlando

Waterford Lakes, Florida

East Orlando's most complete live-work-shop community — Waterford Lakes Town Center, 10 minutes to UCF, Research Triangle employers, and top-tier OCPS schools.

$320K – $650K
Typical Home Price
100+ Shops & Dining
Town Center
Timber Creek — OCPS
Top High School
10 min / 25 min
Drive to UCF / Downtown

East Orlando's Live-Work-Shop Community

Waterford Lakes emerged in the 1990s and 2000s as East Orlando's answer to the master-planned community format — anchored not by a golf course but by Waterford Lakes Town Center, one of Central Florida's largest open-air lifestyle malls. The 100+ tenant center includes major retailers, a multiplex cinema, and a full restaurant row, creating daily-needs convenience that most Orlando suburbs require a highway drive to access.

The community's employment axis runs along Alafaya Trail north to UCF and the Research Triangle office parks — home to Siemens, Lockheed Martin, and a constellation of defense and technology employers. This employment corridor drives a steady base of professional buyers who want proximity to work without UCF apartment density. Timber Creek High School anchors the school cluster and gives the community OCPS's strong east-side campus.

The Econ River Wilderness Area borders the community's eastern edge, offering hiking, paddling, and natural habitat that provides genuine conservation buffer against future development. Homes backing to the Econ corridor are among the most sought-after in the community — waterfront and conservation lots that feel remote despite their suburban location.

Waterford Lakes Anchors

  • Waterford Lakes Town Center — 100+ stores, dining, cinema
  • UCF Campus — 10 minutes north via Alafaya Trail
  • Research Triangle — Siemens, Lockheed, tech employers
  • Timber Creek High School — OCPS, strong athletics & arts
  • Econ River Wilderness — Conservation hiking & paddling
  • SR-408 Access — Downtown Orlando 20 min west

Waterford Lakes Market Segments

Waterford Chase

$350K–$550K

Gated community with lakefront and conservation lots — Waterford Lakes' premium address. Strong HOA, mature landscaping, and lake views command consistent premiums over open-section comparables.

Timber Isle & Timber Crossing

$320K–$480K

Accessible single-family neighborhoods with direct school proximity and community pool amenities. The workhorse of the Waterford Lakes market — steady turnover, broad buyer appeal, and reliable appreciation.

Econ River Corridor

$370K–$580K

Homes backing to the Little Econlockhatchee River greenway and Econ River Wilderness Area. Conservation buffers provide privacy and natural views that newer East Orlando developments cannot replicate.

Condos & Townhomes

$200K–$350K

Clustered near the UCF/Alafaya corridor — popular with investors, UCF employees, and buyers entering the market. Typically managed by individual associations with community pool amenities.

Homes for Sale in Waterford Lakes, FL

Live Stellar MLS listings · ZIP 32828 · Orange County

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Waterford Lakes, FL — FAQ

Is Waterford Lakes its own city?

No — Waterford Lakes is not an incorporated city. It is an unincorporated district within Orange County, Florida. The name refers to the retail and residential development centered on the Waterford Lakes Town Center open-air shopping mall and the surrounding master-planned residential communities. Residents receive Orange County municipal services and are subject to Orange County zoning and code enforcement. The area carries the ZIP code 32828.

What schools serve Waterford Lakes students?

Waterford Lakes falls within Orange County Public Schools (OCPS). The primary school cluster is Timber Lakes Elementary, Timber Springs Middle School, and Timber Creek High School — all located within or immediately adjacent to the community. Timber Creek High is well-regarded within OCPS for its size, athletics, and performing arts programs. Confirm your specific school assignment with the OCPS school locator, as some eastern sections of 32828 may feed into different campuses.

How close is Waterford Lakes to UCF?

UCF's main campus on Alafaya Trail is approximately 10 minutes northwest of Waterford Lakes Town Center — one of the closest established residential communities to the university. This proximity makes Waterford Lakes popular with UCF faculty, staff, and graduate students who want a house rather than an apartment. The Siemens, Lockheed Martin, and other Research Triangle employers along Alafaya are similarly close, creating a strong employee-buyer base for the area.

What shopping and dining is available in Waterford Lakes?

Waterford Lakes Town Center is a major open-air lifestyle mall anchored by Target, Bed Bath & Beyond (legacy), Best Buy, and a large Publix — with 100+ stores and restaurants. The surrounding corridor along Alafaya Trail and SR-408 adds a full suite of big-box retail, medical offices, and dining options. For groceries, residents have both Publix in the Town Center and multiple alternatives along the Alafaya corridor. The Econ River Wilderness Area provides natural counterbalance to the suburban retail density.

What is the commute like from Waterford Lakes to downtown Orlando and MCO?

Downtown Orlando is approximately 20–25 minutes west via SR-408 (East-West Expressway) off-peak — the toll road is the key variable for Waterford Lakes commuters. During weekday rush hours, add 15–25 minutes. Orlando International Airport (MCO) is 25–30 minutes south via SR-417 or the 408 to I-4 to SR-528 — a manageable drive but not the community's strength. Lake Nona's Medical City is approximately 30 minutes south via SR-417, making Waterford Lakes viable for Lake Nona healthcare employees who prefer established community amenities.

Waterford Lakes & East Orlando Specialist

Ryan Solberg · MaxLife Realty · 321.373.3536

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