
11933 WATER RUN ALLEY, WINDERMERE, FL, 34786
Active72 days on marketListed May 28, 2026MLS #O6411037
About this home
11933 WATER RUN ALLEY
Welcome to Ashlin Park, one of Windermere’s most sought-after communities! This beautifully maintained 3-bedroom, 2.5-bath townhome offers the perfect blend of style, comfort, and convenience. Built in 2016, the home features an open-concept floor plan filled with natural light, upgraded finishes, stainless steel appliances, and a private courtyard ideal for relaxing or entertaining. A detached 2-car garage provides added storage and functionality. Upstairs, the spacious primary suite includes a walk-in closet and en-suite bath, while two additional bedrooms offer flexibility for guests, family, or a home office. Located just steps from the playground and directly across from Horizon West Middle School, this home is perfectly positioned for easy everyday living. Residents enjoy scenic walking trails, bike paths, parks, and a sparkling community pool, all within minutes of shopping, dining, Disney attractions, and top-rated schools including Sunset Park Elementary and Windermere High School.
Facts & features
The home at a glance
3
Bedrooms
2.5
Bathrooms
1,569
Sqft
0.06 ac
Lot size
2
Garage
2016
Year built
Two
Levels
$2
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$180 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$180/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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 Windermere actives
$2 vs $341
Days on market
72 vs 46 typical
Where $2/sqft sits among the 238 Windermere 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.
The investor lens
Two ways this home pays
This home sits inside Lakeside Village, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.
Short-term rental · projected
$36,021/yr gross
Projected nightly rate, occupancy and annual revenue for this exact home.
Long-term rental
$2,998/mo median
Live Windermere rental listing data — this home’s rate depends on size, condition and furnishing.
The Florida short-term market
▼ Softening50%
Occupancy
▼ 25% yr/yr
$252
Avg nightly rate
▲ 17% yr/yr
$29K/yr
Revenue per listing
$125
RevPAR
53 days
Booking lead time
4.7 nights
Avg stay
4
Typical min nights
4,364
Active rentals
▲ 10% supply
Seasonality — monthly occupancy
Peaks at 57% in Feb · bottoms at 39% in Jun
Last 12 months of data, January–December, bars scaled to the seasonal peak. Market-wide averages across all home sizes in Florida — the projection above is specific to this home’s size.
Where it sits
Inside Lakeside Village
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Lakeside Village is a short-term-rental community. See the full guide →
Lakeside Village — neighborhood snapshot
Population
19,390
Median age
36
Median income
$123,605
Median home value
$489,452
Avg household
3
Households w/ children
2,897
For the school run
Orange County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Windermere market
$875K → $975K
Windermere median sold, yr/yr
96.5%
Sale-to-list ratio (12 mo)
114 of 238
Windermere actives have cut their price
Median sold price, Windermere, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 100% below the WINDERMERE 34786 median. See the full Windermere market guide →
Paper trail
This home's history
Reality check
What actually sold near 11933 WATER RUN ALLEY
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$395,000
7249 SHADEVIEW ALLEY · same community
3 bd · 2.5 ba · 1,569 sqft · $252/sqft · 78 DOM
Sold · Jul ’26$390,000
11636 WATER RUN ALLEY · same community
3 bd · 2.5 ba · 1,584 sqft · $246/sqft · 229 DOM
Sold · Jul ’26$390,000
11686 WATER RUN ALY · same community
3 bd · 2.5 ba · 1,584 sqft · $246/sqft · 96 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 11933 WATER RUN ALLEY — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 11933 WATER RUN ALLEY — 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
11933 WATER RUN ALLEY FAQs
What would the monthly payment be for 11933 WATER RUN ALLEY?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $180/mo — principal and interest, estimated property taxes 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.
Can 11933 WATER RUN ALLEY be rented short-term?+
Yes — this home sits inside Lakeside Village, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.
Are pets allowed at 11933 WATER RUN ALLEY?+
The listing reports pets: Breed Restrictions, Dogs OK, Pet Deposit, Size Limit, Yes. 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 Windermere?+
At $2,750, this home is listed about 100% below the Windermere median of $1,080,000. The market section on this page shows how the area is trending.
Which schools are assigned to 11933 WATER RUN ALLEY?+
Horizon West Middle (middle), Bay Lake Elementary (elementary), Windermere High (high) — Orange County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Under the WINDERMERE 34786 market on paper
$2,750 is 100% below the WINDERMERE 34786 median of $749,000, and at $2/sqft it sits under the Windermere average of $454.
02Zoned for nightly rentals
Lakeside Village is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.
03Strong assigned schools
Horizon West Middle, Bay Lake Elementary, Windermere High — Horizon West Middle rates 4 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $2,800, now $2,750 — a $50 cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of CORCORAN PREMIER REALTY · Brynn Allen. MLS #O6411037.
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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