Neighborhood · Winter Park, Florida
Waterfall Cove
Attainable Winter Park living close to downtown Orlando
7
Homes for sale
$134,900
Median list price
$140
Avg price / sqft
61
Median days on market
Waterfall Cove is a compact, low-key condo community on the Winter Park side of Orange County, where the median home runs a manageable 881 square feet and daily life leans toward easy, lock-and-leave convenience. You're roughly 14 minutes from downtown Orlando and 36 from MCO, with the shops and character of Hannibal Square and the lakeside pockets around Lake Killarney within an easy drive. It's a practical entry point into the broader world of Winter Park homes for sale without the price tag that usually comes with the address.
For a buyer today, this is one of the more affordable corners of the area, with seven active listings and a median list price of $134,900 spanning $89,999 to $205,000. Homes are sitting an average of 61 days on market and sellers are landing about 93% of asking, so there's genuine room to negotiate. Compared with neighboring communities like Winter Park Pines and Kenilworth, this is where first-time buyers and investors find a foothold.
Waterfall Cove is a community in Winter Park, Florida.
Quick facts
$89,999 – $205K price range
881 sqft median home
$482/mo median HOA
$1,600/mo median rent
5 sold in 12 months
Drive times
On the market now
Homes for sale in Waterfall Cove
$135,000
1695 LEE ROAD UNIT A116, WINTER PARK
3 bd · 2 ba · 1,149 sqft
$89,999
1695 LEE ROAD UNIT B108, WINTER PARK
1 bd · 1 ba · 638 sqft
$109,000$114,000
1695 LEE ROAD UNIT D211, WINTER PARK
2 bd · 1 ba · 881 sqft
$134,900$137,900
1695 LEE ROAD UNIT E103, WINTER PARK
2 bd · 1 ba · 881 sqft
$95,000$99,000
1695 LEE ROAD UNIT B210, WINTER PARK
1 bd · 1 ba · 638 sqft
$135,000$149,990
1695 LEE ROAD UNIT E215, WINTER PARK
3 bd · 2 ba · 1,149 sqft
$205,000$210,000
1695 LEE ROAD UNIT C202, WINTER PARK
3 bd · 2 ba · 1,149 sqft
Every active listing inside the Waterfall Cove boundary
Open full map search →Find your fit
Browse Waterfall Cove
By feature — on the live map
Where the market lives
The numbers that matter
The Waterfall Cove market
5
Sold, last 12 months
$110,000
Median sold price
93%
Sale-to-list ratio
What sellers actually get vs asking
43 days
Median time to sell
Waterfall Cove vs Winter Park
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 10.7% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Waterfall Cove boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Waterfall Cove is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Waterfall Cove home
≈ $1,574/mo
$134,900 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$482/mo
Median HOA
From current listings inside the boundary
$1,600/mo
Median rent
Homes for rent inside the boundary
Population
637
Median age
46
Median income
$57,574
Median home value
$240,000
Beyond the listings
Living in Waterfall Cove
Relationships
Top 1% in the U.S.Networking
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Lifestyles
Top 4% in the U.S.Wealth Signaling
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Food & Drink
Top 4% in the U.S.Ingredient Attentive
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
Food & Drink
Top 5% in the U.S.Fueling for Fitness
A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.
Hobbies & Interests
Top 5% in the U.S.Engine Enthusiast
This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.
Hobbies & Interests
Top 7% in the U.S.Animal Advocates
Passionate about animal welfare, this population wants to know how best to care for their own pets (with toys and training) and help other animals find their fur-ever home.
On the calendar
Near Waterfall Cove
Jul
14
Tue
View of Oyster Bay
Explore the View of Oyster Bay, an artistic zenith of proficiency, emphasizing vibrant wisteria vines against serene bay backdrops. Discover stunning harmony as structure…
Jul
14
Tue
Pathways
This exhibition, a collaboration between the Rollins Museum of Art and the UCF Art Gallery, showcases the diverse works of emerging Florida artists, handpicked by a panel…
Jul
14
Tue
Being Outdoors
Celebrating the nation's 250th anniversary, the exhibition Being Outdoors delves into the deep-rooted connections between outdoor recreational activities and American ide…
Jul
14
Tue
I Remember When...Reflections From The RMA Staff
This exhibition, curated by the staff of the Rollins Museum of Art, showcases a diverse range of media and themes, all centered around the concept of memory and storytell…
Jul
14
Tue
The Captivating Unknown
The event, The Captivating Unknown, is an art exhibition that explores humanity's fascination with the cosmos through various artistic mediums. The works on display aim t…
Jul
16
Thu
Thursday Thinks Trivia
7:30pm
This challenging trivia night promises a wide range of engaging questions, ensuring something new and exciting for everyone - from pop culture, geography, and history, to…
People who close here
Our Winter Park experts
Straight answers
Waterfall Cove FAQs
Is Waterfall Cove a good place to live?+
It's a practical, well-located choice for anyone who wants a Winter Park address without the premium price. You're about 14 minutes from downtown Orlando and close to the shops and dining around Hannibal Square, and assigned schools include Edgewater High and College Park Middle. The compact condo footprint suits singles, downsizers, and investors more than large families.
Is Waterfall Cove expensive?+
No — it's one of the more affordable pockets of the Winter Park area, with a median list price of $134,900 and active listings ranging from $89,999 to $205,000. That's a fraction of what nearby communities like Kenilworth typically command. It's a genuine entry point rather than a luxury play.
What do homes cost in Waterfall Cove?+
The median list price is $134,900, working out to about $140 per square foot on a median home size of 881 square feet. Over the past 12 months, five homes sold at a median of $110,000. Expect efficient condo-style layouts rather than large single-family houses.
How is the market in Waterfall Cove?+
It's a slower, buyer-friendly market right now, with seven active listings and a median 61 days on market. Sellers are averaging about 93% of asking price, so there's room to negotiate. With only five sales in the past year, inventory turns over gradually, which rewards patient buyers.
What about HOA fees and property taxes?+
The median HOA runs $482 a month, which is typical for a condo community where exterior and common-area upkeep is handled for you. Median property tax comes in around $2,051 a year. Factor both into your monthly budget alongside the purchase price when you're comparing options.
Keep exploring
More Winter Park neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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