Under contract-accepting backup offers. Welcome to 531 Terrace Cove Way, a beautifully maintained residence offering a spacious and flexible layout tailored for modern living. This thoughtfully designed home features 4 bedrooms, 2.5 bathrooms, a versatile flex room, and an airy second-floor loft, providing ample room for work, play, and relaxation. The primary suite is conveniently located on the first floor and showcases a fully remodeled ensuite bathroom, creating a serene retreat with fresh, contemporary finishes. Sunlit living spaces flow seamlessly throughout the main level, highlighting the home’s warm ambiance and inviting character.
Step outside to your own private sanctuary, complete with a screened-in pool perfect for year-round enjoyment and effortless outdoor entertaining. The covered patio offers an ideal setting for al fresco dining or peaceful evenings by the water. Situated in a desirable East Orlando community just minutes from Waterford Lakes, top-rated schools, UCF, and major commuter routes, this home blends comfort, convenience, and resort-style living in one exceptional package. It’s ready to welcome its next owner
Step outside to your own private sanctuary, complete with a screened-in pool perfect for year-round enjoyment and effortless outdoor entertaining. The covered patio offers an ideal setting for al fresco dining or peaceful evenings by the water. Situated in a desirable East Orlando community just minutes from Waterford Lakes, top-rated schools, UCF, and major commuter routes, this home blends comfort, convenience, and resort-style living in one exceptional package. It’s ready to welcome its next owner
Property Details
Price:
$587,500
MLS #:
O6394084
Status:
Pending
Beds:
4
Baths:
2.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
WATERFORD LAKES TR N24
Neighborhood:
32828orlandoalafayawaterfordlakes
Listed Date:
Mar 27, 2026
Finished Sq Ft:
2,828
Total Sq Ft:
3,584
Lot Size:
8,666 sqft / 0.20 acres (approx)
Year Built:
1995
See this Listing
Schools
Elementary School:
Waterford Elem
Middle School:
Discovery Middle
High School:
Timber Creek High
Interior
Appliances
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Carpet, Ceramic Tile, Laminate
Heating
Central
Interior Features
Ceiling Fan(s), Primary Bedroom Main Floor, Vaulted Ceiling(s), Walk-In Closet(s)
Laundry Features
Laundry Room
Levels
Two
Exterior
Attached Garage YN
1
Construction Materials
Stucco
Covered Spaces
2
Direction Faces
West
Exterior Features
Irrigation System
Garage Spaces
2
Lot Features
Corner Lot
Roof
Shingle
Financial
HOA Fee
$350
HOA Fee 2
$249
HOA Fee 2 Frequency
Quarterly
HOA Fee Frequency
Annually
HOA Name
Community Management Specialists, Inc
HOA Name 2
Waterford Lakes Community Association, Inc
HOA Phone
407.359.7202
Tax Year
2025
Taxes
$7,842
Map
Community
- Address531 TERRACE COVE WAY ORLANDO FL
- SubdivisionWATERFORD LAKES TR N24
- CityORLANDO
- CountyOrange
- Zip Code32828
Market Summary
Current real estate data for Single Family in ORLANDO as of Apr 19, 2026
2,990
Single Family Listed
101
Avg DOM
288
Avg $ / SqFt
$666,735
Avg List Price
Property Summary
- Located in the WATERFORD LAKES TR N24 subdivision, 531 TERRACE COVE WAY ORLANDO FL is a Single Family for sale in ORLANDO, FL, 32828. It is listed for $587,500 and features 4 beds, 3 baths, and has approximately 2,828 square feet of living space, and was originally constructed in 1995. The current price per square foot is $208. The average price per square foot for Single Family listings in ORLANDO is $288. The average listing price for Single Family in ORLANDO is $666,735. To schedule a showing of MLS#o6394084 at 531 TERRACE COVE WAY in ORLANDO, FL, contact your agent at 407-583-9870.
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Courtesy of COLDWELL BANKER REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Orlando/Tampa – FL. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. Orlando/Tampa – FL. All rights reserved. 531 TERRACE COVE WAY
ORLANDO, FL