Orlando/Alafaya Homes under $400,000

Orlando/Alafaya Homes under $400,000

**Discover the Allure of Orlando’s Alafaya: Your Dream Home Awaits!**

Nestled in the vibrant heart of Orange County, Alafaya is one of Orlando’s most sought-after neighborhoods, offering a perfect blend of suburban tranquility and urban excitement. With its lush landscapes, excellent schools, and a plethora of recreational opportunities, Alafaya is an ideal destination for families, young professionals, and retirees alike.

One of the standout features of this charming community is its affordability. In a region renowned for its theme parks and sunny weather, finding a home under $400,000 is not just a possibility, but a reality! Alafaya boasts a variety of homes that cater to diverse tastes and budgets, from cozy single-family residences to modern townhouses. Whether you’re a first-time homebuyer or looking to invest, this neighborhood provides a wealth of options that fit your lifestyle without breaking the bank.

Beyond the beautiful homes, Alafaya offers residents access to top-rated schools, lush parks, and a vibrant local culture. Enjoy weekends exploring the nearby nature trails, or take a short drive to the world-famous attractions that Orlando is known for. With shopping, dining, and entertainment just around the corner, you’ll never run out of things to do.

Embrace the opportunity to call Alafaya home, where affordability meets a high quality of life. With homes under $400,000, your dream of owning a piece of Orlando can become a reality. Discover the charm of Alafaya today, and let your new adventure begin!

Newest Orlando/Alafaya Homes under $400,000

4135 Coralbrooke Grove, Orlando
$379,999
3 Beds ⋅ 2 Baths ⋅ O6448967 MLS
Virtually Staged. Opportunity awaits in The Sanctuary! This 3-bedroom, 2-bath block home offers 1,838 sq ft of living space on a 6,055 sq ft lot in one of East Orlando's most convenient communities. The split-bedroom floor plan features a formal living/dining combination, a separate family room, vaulted ceilings, and an eat-in kitchen with breakfast bar and pantry. The primary suite includes a walk-in closet and en-suite bath with dual sinks. Inside laundry and an attached 2-car garage add everyday function. The home needs some TLC, making it ideal for buyers or investors looking to add value and build equity. Bring your vision and finishes to make it your own! Community amenities include a pool, tennis courts, and playground with a low HOA. The proximity to UCF provides great rental income potential. It's also just minutes from Research Park, Waterford Lakes shopping and dining, with easy access to SR-408, SR-417 and the beaches. Don't miss this chance to own in a well-established neighborhood!

4135 Coralbrooke Grove, Orlando
2550 N Alafaya Trail Unit 6303, Orlando
$175,000
1 Beds ⋅ 1 Baths ⋅ O6446867 MLS ⋅ 6 BLDG.
Welcome to this inviting, 1-Bedroom, 1-Bath Condo in the DESIRABLE WATERFORD LANDING community, IDEALLY LOCATED in the heart of East Orlando near UCF. Situated on the third floor with NO UPSTAIRS NEIGHBORS, this home offers added privacy, an open and airy feel, and a wonderful opportunity for an owner occupant, student housing, or INVESTMENT PROPERTY. Major mechanical updates provide peace of mind, including a NEWER WATER HEATER (2024), UPDATED PLUMBING (2022) and UPDATED AC (2021). Step inside and you'll immediately appreciate the high ceilings and OPEN FLOOR PLAN. The Kitchen features STONE COUNTERTOPS, beautiful white cabinetry, STAINLESS STEEL APPLIANCES and a convenient breakfast bar, overlooking the Living Room and Dining Area. A convenient LAUNDRY ROOM, tucked behind a closet door in the Kitchen, keeps the washer and dryer easily accessible while neatly out of sight. Filled with NATURAL LIGHT, the Living Room features a FIREPLACE and glass-paneled doors that open to the COVERED, SCREENED BALCONY. Overlooking GREEN SPACE, the balcony offers a peaceful spot to enjoy your morning coffee, unwind after a busy day or simply take in the view. The spacious Bedroom is filled with NATURAL LIGHT from large windows and offers a pleasant outlook, while the GENEROUS WALK-IN CLOSET provides plenty of storage. The nearby Bathroom features a stone countertop and tub/shower combination with a RAINFALL SHOWER HEAD. Life at Waterford Landing comes with an impressive collection of amenities and a LOW HOA. Residents enjoy TWO SWIMMING POOLS, A CLUBHOUSE, FITNESS CENTER, INDOOR RACQUETBALL COURT and a private walk-out dock and pier on LAKE ROUSE. Spend a relaxing afternoon fishing, take a short nature walk around the community or find a PEACEFUL SPOT along the water to WATCH THE SUNSET. The lakefront setting adds a wonderful outdoor component to everyday living. The location is equally appealing. UCF IS JUST MINUTES AWAY, making this an excellent choice for anyone wanting CONVENIENT ACCESS to the University and surrounding employment centers. Nearby WATERFORD LAKES TOWN CENTER offers an extensive mix of shopping, dining and entertainment, including a movie theater, PopStroke, restaurants and numerous everyday conveniences. Head into DOWNTOWN ORLANDO with ease via SR 408, and enjoy everything from local restaurants and live entertainment to sporting events and cultural experiences. With its comfortable living spaces, CONVENIENT LOCATION and excellent INVESTMENT POTENTIAL, this Waterford Landing condo provides an EXCEPTIONAL OPPORTUNITY in East Orlando. Call and schedule your private tour today!

2550 N Alafaya Trail Unit 6303, Orlando
13071 Odyssey Lake Way, Orlando
$310,000
3 Beds ⋅ 2 Baths ⋅ O6444924 MLS
Short Sale. Welcome to 13071 Odyssey Lake Way in East Orlando! This updated 3-bedroom, 2-bath single-story home offers 1,303 square feet of living space, an attached 2-car garage, and an impressive list of major improvements—including the roof, A/C, water heater, windows, and flooring. Step inside to a bright, open living and dining area filled with natural light and designed for comfortable everyday living and entertaining. The kitchen flows directly into the main living space and offers ample cabinetry, counter space, and easy access to the backyard. The primary bedroom features a walk-in closet, while two additional bedrooms provide flexible space for guests, a home office, or hobbies. Outside, enjoy a fenced backyard and additional covered outdoor living space with room to relax, entertain, or create your own outdoor retreat. Located in Lake Pickett Manor with convenient access to UCF, shopping, dining, recreation, and major Central Florida roadways. With so many significant updates already completed, this home offers a compelling opportunity for buyers looking for convenience, functionality, and move-in-ready appeal. Schedule your private showing today.

13071 Odyssey Lake Way, Orlando
13706 Riverpath Grove Drive, Orlando
$349,900
3 Beds ⋅ 2 Baths ⋅ O6443523 MLS
Beautiful home located on quiet cul-de-sac close to UCF! As you enter, large kitchen area with breakfast nook is to the left. Continue down the foyer and it opens to large family room with vaulted ceilings. Plenty of natural light from glass doors that open to very private, fenced backyard/patio area! Great for grilling and entertaining! Mature landscape makes you forget you are in the city! This split floor plan features large master bedroom and two junior suites. Great location! Make your appointment today!

13706 Riverpath Grove Drive, Orlando
13659 Glasser Avenue, Orlando
$350,000
3 Beds ⋅ 2 Baths ⋅ O6442411 MLS
Virtually Staged. Welcome to this charming 3-bedroom, 2-bath home in Bonneville Pines, offering comfort and convenience in an accessible East Orlando location! This move-in-ready property features luxury VINYL PLANK FLOORING with tile in the bathrooms, STAINLESS STEEL APPLIANCES in the kitchen, and CEILING FANS throughout. The functional floor plan includes a versatile FLEX SPACE that could serve as a grand dining room, spacious home office, or secondary family room. The desirable SPLIT-BEDROOM FLOOR PLAN provides added privacy for the Primary Suite, which is tucked away from the secondary bedrooms and features a LARGE WALK-IN CLOSET, along with DIRECT ACCESS to the back patio and yard. Located just off the flex space, the SCREENED-IN PATIO is perfect for relaxing, dining outdoors, or entertaining year-round. Ideally situated NEAR UCF, Waterford Lakes Town Center, and State Road 417, the home provides easy access to shopping, dining, entertainment, and major roadways. The elementary school is also just one street away! Whether you’re searching for a primary residence or a fantastic investment opportunity, this delightful home deserves a closer look. Don’t miss your chance to make it yours! *VIRTUALLY STAGED*

13659 Glasser Avenue, Orlando
2832 Hunt Club Lane, Orlando
$274,500
2 Beds ⋅ 2 Baths ⋅ O6443493 MLS ⋅ N/A BLDG.
Qualified first-time homebuyers may be eligible for up to $15,735 in assistance through Bank of America, subject to lender approval and program requirements. Seller is also offering a $2,500 credit toward buyer closing costs. Renovated end-unit townhouse with no HOA, an extended driveway, and a generously sized fenced backyard, all just minutes from UCF. This 2-bedroom, 2-bath home features a bright two-story living room with skylights, updated laminate flooring, and an open kitchen with stone countertops, stainless steel appliances, a breakfast bar, and ample storage. A first-floor bedroom and full bath provide added flexibility, while the upstairs primary suite offers privacy and an updated en-suite bath. Major improvements include a new roof and A/C in 2023, PEX plumbing, remodeled bathrooms with marble tile, fresh interior paint, new baseboards, and an updated front door. Outdoor features include an enclosed screened patio, storage shed, and space to park a boat or trailer. Conveniently located near Waterford Lakes, UCF, SR 408, and SR 417.

2832 Hunt Club Lane, Orlando
4326 Boca Woods Drive, Orlando
$345,000
3 Beds ⋅ 2 Baths ⋅ V4951378 MLS
Short Sale. Welcome to The Sanctuary at Regency Park! This charming 3-bedroom, 2-bath home offers comfort, convenience, and an excellent location in East Orlando. Featuring a desirable split-bedroom floor plan, tile and laminated flooring throughout, ceiling fans in every room, stainless steel appliances, and an included washer and dryer, this well-maintained home is move-in ready. A spacious two-car garage and fully fenced backyard provide the perfect space for everyday living, entertaining, or enjoying the outdoors.

4326 Boca Woods Drive, Orlando
Orlando
$163,000
1 Beds ⋅ 1 Baths ⋅ O6434547 MLS
Welcome to this well-maintained 1-bedroom, 1-bathroom condominium offering 650 square feet of comfortable living space. The open-concept living and dining area provides a functional and inviting layout. The kitchen includes a breakfast bar, stove, refrigerator, dishwasher, and an adjacent inside utility room complete with a full-size washer and dryer. Residents enjoy access to two community swimming pools, a clubhouse, and a fitness center. Built in 1989, this property is ideally located just minutes from UCF's Main Campus with convenient access to shopping, dining, entertainment, and major roadways. Whether you're searching for a future owner-occupied residence or an investment opportunity in a high-demand rental market, this condo offers an appealing combination of location, amenities, and convenience. The unit is currently tenant-occupied through December 31, 2026, at a monthly rental rate of $1,375, providing immediate rental income for an investment buyer. The existing tenant may be offered a renewal for continued investment use, or the lease may be allowed to expire at the end of the current lease term for a buyer who intends to occupy the property as their residence. Seller is also willing to sell this unit as part of an 11-unit Investor Portfolio. Please refer to the separate MLS Income portfolio listing for additional details. Contact the Listing Agent for additional financial information.

Orlando
2550 N Alafaya Trail Unit 6305, Orlando
$159,000
1 Beds ⋅ 1 Baths ⋅ FC321512 MLS ⋅ 6 BLDG.
Welcome to Waterford Landing! This charming 1 bedroom, 1 bath condo offers 650 square feet of comfortable living space with tile flooring, a cozy fireplace, walk in closet, in unit laundry, and a private balcony. Enjoy community amenities including two pools, a clubhouse, fitness center, and racquetball. Conveniently located near UCF, shopping, dining, and major roadways, this condo is a great opportunity for a primary residence or investment property.

2550 N Alafaya Trail Unit 6305, Orlando
2747 Gray Fox Lane, Orlando
$269,000
2 Beds ⋅ 2 Baths ⋅ O6441385 MLS ⋅ N/A BLDG.
*Qualified buyers may receive up to $17,500 in non-repayable grants from Bank of America toward down payment and closing costs, subject to eligibility and program availability.*Welcome to 2747 Gray Fox Lane, a fantastic opportunity for homeowners and investors alike! This well positioned property offers excellent potential as a primary residence, vacation home, or GREAT RENTAL OPPORTUNITY with no HOA to add flexibility for the next owner. The ROOF was replaced in 2015, and the PLUMBING was updated in 2020. Conveniently located approximately 30 minutes from the airport and near the University of Central Florida (UCF), this property is ideally situated for easy access to education, employment, entertainment, and everyday conveniences. Enjoy nearby shopping and dining, with Waterford Lakes less than 7 minutes away. The property is fully fenced for added privacy and offers room for gardening, along with an outdoor closet for added convenience. Whether you're looking for an investment property with rental income potential or a home in a convenient location, 2747 Gray Fox Lane is an opportunity worth exploring!! All information is deemed accurate but not guaranteed; buyer to independently verify all details, including measurments.

2747 Gray Fox Lane, Orlando
2519 Lancien Court Unit 5, Orlando
$225,000
2 Beds ⋅ 3 Baths ⋅ S5154088 MLS ⋅ Enclave/Oxford Place BLDG.
Beautifully maintained, fully furnished 2-bedroom, 2.5-bath townhome in a highly desirable location just minutes from the University of Central Florida (UCF). This property presents an excellent opportunity for homeowners or investors seeking strong rental potential. The home features durable luxury vinyl plank and ceramic tile flooring, a functional kitchen, and a private rear patio perfect for relaxing or entertaining. Conveniently located near shopping, restaurants, entertainment, and everyday conveniences, with easy access to major roadways. Furniture is included in the sale, making this a truly move-in or rental-ready opportunity. Please submit all offers with proof of funds or a pre-approval letter. Buyer and buyer's agent are responsible for verifying all measurements, HOA information, restrictions, and leasing requirements. Contact the listing agent for showing instructions.

2519 Lancien Court Unit 5, Orlando
2555 N Alafaya Trail Unit 105, Orlando
$159,000
2 Beds ⋅ 1 Baths ⋅ O6441070 MLS ⋅ 2555 BLDG.
LOCATION, LOCATION, LOCATION! Excellent investment opportunity just minutes from UCF and Orlando’s thriving Research Park and Technology Corridor! This 2-bedroom, 1-bath condo offers a highly desirable location with convenient access to major employers, shopping, dining, entertainment, and major roadways. The unit features ceramic tile flooring throughout for easy maintenance and durability, plus an A/C system installed in 2021. Everything is in good working condition and the property is currently tenant-occupied, making it an attractive income-producing opportunity for investors looking to add a well-located rental property to their portfolio. The community also offers great amenities, including a swimming pool, beach volleyball court, and playground, adding even more appeal for residents and tenants. With its close proximity to the University of Central Florida and one of Orlando’s most important employment and technology hubs, this property offers strong rental appeal and long-term investment potential. Whether you are an experienced investor or looking for your next income-producing property, this is an opportunity you don't want to miss. Schedule your showing today!

2555 N Alafaya Trail Unit 105, Orlando
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