
1244 E LAKE COLONY DRIVE, MAITLAND, FL, 32751
Active86 days on marketListed Apr 30, 2026MLS #O6402702
About this home
1244 E LAKE COLONY DRIVE
Modern, mediterranean lakefront residence in one of Maitland’s most desirable GATED communities, positioned on a private cul-de-sac atop a natural rise. Set on over 1.3 acres with approximately 179 feet of frontage on Lake Jackson (ski lake), the property offers a rare combination of elevation, privacy and expansive water views in a central Maitland location with quick access to I-4, downtown Maitland and Park Avenue, Winter Park. Lake Colony Estates is conveniently located across the street from Orangewood School. The home was custom built by Keith Groninger, a 10-time Parade of Homes winner. A tree-lined drive leads to a paved driveway and a welcoming entry with imported hand-crafted 8-foot wood doors and tile roof. Inside, the foyer opens to a dramatic great room with 20-foot cathedral ceilings, clerestory windows and a floor-to-ceiling wood burning fireplace, butlers pantry and wet bar. The home has been refreshed with white interior paint, enhancing the natural light and giving the interiors a timeless backdrop. The gourmet kitchen is designed for both function and gathering, featuring 3cm granite countertops, a large island, 5-burner gas cooktop with custom stone and mortar arch detail, tumbled marble backsplash and vaulted ceilings with exposed wood beams sourced from Pennsylvania. Expansive lake-facing pocketing windows frame Lake Jackson and open the chef’s kitchen to the screened porch for effortless outdoor dining and entertaining The first-floor primary suite features engineered hardwood floors, direct access to the outdoor pool and a spacious bath finished in tumbled marble with a soaking tub, dual vanities and walk-in shower. A large custom walk-in closet provides generous storage. Upstairs, three oversized bedrooms each offer ensuite baths and a large bonus room overlooking the lake. Outdoor living is centered around the covered, screened porch, lakefront setting and gated pool. The private and expansive lawn -179 feet of shoreline, complemented by a private boathouse (newer lift) with direct access to Lake Jackson for boating, skiing, jet skis, canoes, paddleboards and more! Also, enjoy sunrise views over Lake Jackson! Additional features include two new ACs, oversized three-car garage, amazing storage and closet spaces, mature and new landscaping and carefully maintained architectural detailing throughout. American Home Shield home warranty offered with full price or higher offer for American Home Shield. Four point, roof certification and wind mitigation reports will be provided by the sellers.
Facts & features
The home at a glance
4
Bedrooms
5
Bathrooms
4,478
Sqft
1.36 ac
Lot size
3
Garage
2002
Year built
Two
Levels
$400
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$12,284 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$12,284/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Maitland actives
$400 vs $281
Days on market
86 vs 41 typical
Where $400/sqft sits among the 106 Maitland actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside The Colony Of The Lake
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Maitland. See the full Maitland guide →
The Colony Of The Lake — neighborhood snapshot
Population
490
Median age
36
Median income
$101,629
Median home value
$390,300
Avg household
2
Households w/ children
42%
For the school run
Orange County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Maitland market
$526K → $469K
Maitland median sold, yr/yr
96.8%
Sale-to-list ratio (12 mo)
57 of 106
Maitland actives have cut their price
Median sold price, Maitland, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 318% above the MAITLAND 32751 median. See the full Maitland market guide →
Paper trail
This home's history
Reality check
What actually sold near 1244 E LAKE COLONY DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$1,655,000
629 COUNTRY CLUB DRIVE
4 bd · 3.5 ba · 3,031 sqft · $546/sqft · 58 DOM
Sold · Aug ’25$1,677,900
627 COUNTRY CLUB DRIVE
4 bd · 3.5 ba · 2,858 sqft · $587/sqft · 62 DOM
Sold · Oct ’25$424,000
5547 KINGSWOOD DRIVE
5 bd · 2.5 ba · 2,409 sqft · $176/sqft · 138 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 1244 E LAKE COLONY DRIVE — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 1244 E LAKE COLONY DRIVE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
1244 E LAKE COLONY DRIVE FAQs
What would the monthly payment be for 1244 E LAKE COLONY DRIVE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $12,284/mo — principal and interest, the actual property-tax bill, the $342/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 1244 E LAKE COLONY DRIVE?+
The association fee works out to $342 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 1244 E LAKE COLONY DRIVE?+
The most recent tax bill on record (2025) was $17,421. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 1244 E LAKE COLONY DRIVE?+
The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Maitland?+
At $1,790,000, this home is listed about 217% above the Maitland median of $564,950. The market section on this page shows how the area is trending.
Which schools are assigned to 1244 E LAKE COLONY DRIVE?+
Lake Sybelia Elementary (elementary), Maitland Middle (middle), Edgewater High (high) — Orange County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$1,790,000 runs 318% above the MAITLAND 32751 median — but at 4,478 sqft it's also nearly 2 times the size of the typical Maitland listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
86 days on market against a Maitland median of 41 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $1,895,000, now $1,790,000 — a $105K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of COMPASS FLORIDA LLC · Jennifer Sloan. MLS #O6402702.
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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