Orlando/Alafaya/Waterford Lakes Homes under $500,000

Orlando/Alafaya/Waterford Lakes Homes under $500,000

Welcome to the vibrant community of Orlando, specifically the charming neighborhoods of Alafaya and Waterford Lakes! Nestled in the heart of Orange County, this region is renowned for its family-friendly atmosphere, rich cultural experiences, and an abundance of recreational activities that cater to all lifestyles.

Orlando, often dubbed the "Theme Park Capital of the World," is not just about thrilling rides and enchanting experiences; it also boasts a thriving residential scene. Alafaya and Waterford Lakes are particularly attractive for homebuyers seeking value without compromising on quality of life. Here, you can find an array of beautiful homes under $500,000, making it an ideal choice for first-time buyers, families, and investors alike.

The neighborhoods are characterized by their lush landscapes, well-maintained parks, and a strong sense of community. Residents enjoy access to top-rated schools, shopping centers, and dining options that reflect the diverse culinary landscape of the region. Waterford Lakes, with its picturesque lakes and walking trails, provides an idyllic setting for outdoor enthusiasts, while Alafaya offers a more suburban feel with easy access to major highways and attractions.

Whether you're looking to settle down, invest, or simply explore the possibilities, the homes in this area present an excellent opportunity. With a variety of styles and sizes available, you're sure to find a property that suits your needs and budget. Embrace the warm Florida sunshine and make your dream of homeownership a reality in Orlando's Alafaya and Waterford Lakes!

Newest Orlando/Alafaya/Waterford Lakes Homes under $500,000

15823 Woodland Spring Court, Orlando
$369,500
3 Beds ⋅ 3 Baths ⋅ V4951878 MLS ⋅ 15823 BLDG.
Toll Brothers Built lakefront townhome. Gated Woodland Terrace Community. Peaceful views from the back screen porch. Main bedroom is on the 1st floor. Two bedrooms on second floor. Gated community with community pool. Convenient location Grocery stores, Restaurants and shops close by. Timber Springs master Plan Community. Tree Lined streets, peaceful atmosphere. Access to Timber Springs amenities. HOA covers exterior maintenance and roof replacement. Private Remarks: Call showing time to set up showing. Vacant on Combo Lock box Call showing time for lock box code and entry gate code

15823 Woodland Spring Court, Orlando
15637 Carina Drive, Orlando
$459,000
4 Beds ⋅ 2 Baths ⋅ O6449530 MLS
• Immaculate FIVE-Bedroom (Yes, FIVE Actual Bedrooms!), Two-Bath, WATERFRONT, Concrete-Block, Single-Family Home with an OPEN FLOORPLAN and a Two-Car Garage on a Quiet CUL-DE-SAC with no Through Traffic! HOLY COW! _ _ _ _ _ • This WATERFRONT Retreat is so Private, You Will not be able to See ANY Neighbors from Your SCREENED Back Porch…You will only see Thousands of Dollars in Gorgeous Palm Trees, and beyond that just Water Views and Wildlife! _ _ _ _ _ • This home has been Meticulously Maintained by the Owner and was Built in 2013…Most other homes You will see in this area and price range will be 10+ years older! Winning! _ _ _ _ _ • FIVE Full-Sized Bedrooms with give you Space for the Kids…and a dedicated Guest Room…AND a Home Office…and Even a Bedroom for your Home Gym! Nice! _ _ _ _ _ • Your new Home features Stainless Steel Appliances, Granite Countertops and Ceramic Tile & Laminate Flooring with NO Carpeting! _ _ _ _ _ • Just Seconds from your home you can Enjoy the Resident-Only Waterford Trails Recreation Park with a Well-Kept SWIMMING POOL, a playground… & TENNIS COURTS too… all maintained by a well-managed HOA with low monthly fees of only $48/month! _ _ _ _ _ • You will LOVE Your Homes CENTRAL LOCATION Near Everywhere You would want to Be! You will never need to Travel Far with Less than 15 Minutes to the 408 Expressway and then on to all Parts Central Florida…or the University of Central Florida…and the Well-Known Dining & Shopping Destinations of BOTH Waterford Lakes Towne Center and the Avalon Park Downtown too! _ _ _ _ _ • Only 30 Minutes to be able to Zip on over to the Orlando International Airport, DOWNTOWN ORLANDO or UNIVERSAL STUDIOS Theme Parks! Nice! The World-Famous Cocoa Beach and Walt Disney World…as well as DOWNTOWN TITUSVILLE are only 45 Minutes away as well! _ _ _ _ _ • Property is all on ONE Level with a Split-Plan Master Bedroom. Full-Sized Laundry Room between Hallway and Garage with Gorgeous Washer & Dryer that will STAY with the home! Bonus! Even the REFRIGERATOR is Included too! _ _ _ _ _ • Room Sizes, Schools, HOA Info and Square Footage are Deemed Accurate, but are not Warranted. Property is Being Sold As-Is with Right to Inspect! _ _ _ _ _ • Sought-After Schools: Castle Creek Elementary, Timber Creek Middle, & East River High School! Say YES! _ _ _ _ _ • Owner Requires a Minimum 10-Day Marketing Period Before Considering Contracts ending Monday, October 26 at 5:00 p.m.; Yet you should submit your offer NOW and Not Delay!

15637 Carina Drive, Orlando
1806 Anna Catherine Drive, Orlando
$449,000
4 Beds ⋅ 2 Baths ⋅ O6449797 MLS
Virtually Staged. Tucked away on a quiet cul-de-sac in the sought-after EASTWOOD GUARD-GATED, GOLF COMMUNITY, this inviting 4-Bedroom, 2-Bath home offers a wonderful combination of space, privacy and comfortable East Orlando living. Situated on an OVERSIZED, CORNER LOT with no rear neighbors, the property features GREAT CURB APPEAL mature landscaping and large shade trees that create a welcoming setting. A NEW ROOF (2025) and NEWER AC (2022) add peace of mind, while the covered backyard patio and EXPANSIVE OUTDOOR SPACE provide plenty of room to relax and enjoy the Florida lifestyle. Step inside to an OPEN FLOOR PLAN enhanced by CERAMIC TILE FLOORING throughout and graceful architectural details. The formal Living Room greets you with an ELEGANT ARCHED-TOPPED WINDOW fitted with plantation shutters, while the separate formal Dining Room sits on the opposite side of the foyer, overlooking the front yard. A GRACEFUL ARCHED DOORWAY opens to the Kitchen and Family Room, creating a natural flow between the home's main gathering spaces. The SPACIOUS KITCHEN features abundant cabinetry and counter space, a gas stove, center island and convenient closet pantry. A Breakfast Nook in front of a LARGE PICTURE WINDOW, presents a bright spot for morning coffee or casual meals. The Kitchen flows naturally into the Family Room, where GLASS-PANELED FRENCH DOORS open to the covered back patio, making indoor-outdoor living and entertaining easy. The GENEROUS PRIMARY SUITE provides a relaxing retreat, complete with a remarkably SPACIOUS WALK-IN CLOSET, and an en suite Bath featuring dual sinks, a garden tub and a separate step-in shower. An especially VERSATILE FEATURE of the Primary Bedroom is the set of glass-paneled French doors leading to a BONUS ROOM that could serve as a home office, nursery, hobby room, or POTENTIAL FOURTH BEDROOM, depending on your needs. Down the hall, two additional Bedrooms and a SECOND FULL BATH provide comfortable accommodations for family and guests, while a DEDICATED LAUNDRY ROOM adds everyday convenience and keeps household tasks tucked away. Enjoy the benefits of Eastwood's community amenities, including a COMMUNITY POOL, PLAYGROUND, BASKETBALL AND TENNIS COURTS, along with the neighborhood's established residential charm. Families will appreciate the nearby A-RATED SCHOOLS, including SUNRISE ELEMENTARY, DISCOVERY MIDDLE AND TIMBER CREEK HIGH SCHOOL. The home's location places you minutes from DOWNTOWN ORLANDO, the University of Central Florida area, and popular retail hubs like WATERFORD LAKES TOWN CENTER, with a wide selection of stores, restaurants, a movie theater and fun activities such as mini golf. Outdoor recreation, everyday conveniences and Orlando's WORLD-FAMOUS ATTRACTIONS are all within reach, balancing peaceful living with easy commutes. Schedule your private tour today and come see all this BEAUTIFUL HOME has to offer!

1806 Anna Catherine Drive, Orlando
13015 Lexington Summit Street, Orlando
$335,000
3 Beds ⋅ 3 Baths ⋅ O6449266 MLS ⋅ 13015 BLDG.
Welcome to Waterford Villas, a gated Orlando community offering comfort, convenience, and a fantastic location! This two-story townhouse features 3 bedrooms, 2.5 bathrooms, 1,476 square feet of living space, and an attached one-car garage. The open-concept floor plan connects the kitchen, dining area, and living room, creating an inviting space for everyday living and entertaining. The kitchen features stainless steel appliances, a pantry, and ample cabinet and counter space for storage and meal preparation. Natural light fills the living room through a two-panel sliding glass door, creating a bright and welcoming atmosphere. A convenient half bathroom completes the first floor. Upstairs, three generously sized bedrooms and two full bathrooms provide comfortable accommodations. The primary suite features a private en-suite bathroom with a large vanity and a tub and shower combination. Additional highlights include a new AC unit and a new washer and dryer, adding value and everyday convenience. Residents can enjoy community amenities including a swimming pool and playground. Location is another standout feature, with convenient access to major highways, shopping, dining, and entertainment. The property is just minutes from Downtown Orlando, the University of Central Florida (UCF), and Orlando International Airport, making it easy to reach many of the area's key destinations. Whether you're looking for a comfortable place to call home or a convenient base for enjoying everything Orlando has to offer, this Waterford Villas townhouse is one to see! Mortgage savings may be available for buyers of this listing.

13015 Lexington Summit Street, Orlando
14226 Bradbury Road, Orlando
$424,900
3 Beds ⋅ 2 Baths ⋅ O6448599 MLS
Virtually Staged. **GREAT OPPORTUNITY IN AVALON PARK SOUTH VILLAGE!** Discover this charming single-story, 3-bedroom, 2-bath home offering 1,746 square feet of living space, situated on a beautiful conservation lot with no rear neighbors! Built by Levitt & Sons, this thoughtfully designed home features distinctive architectural details, a spacious floor plan, and an opportunity to add your personal touch. **Priced with its current condition in mind**, this home offers buyers the chance to make it their own while enjoying all that Avalon Park has to offer. From the moment you enter, you'll appreciate the graceful archways, tall doorways, and decorative wall niches that give this home its unique character. The formal dining room showcases an elegant octagonal tray ceiling, decorative niches, and chandelier lighting. The spacious family room features a beautiful tray ceiling that adds height and an airy feel, along with a separate coffee bar area for added convenience. The generous primary suite features its own octagonal tray ceiling, a large walk-in closet, and an ensuite bathroom with a soaking tub and separate shower. Two additional bedrooms share a conveniently located study nook, perfect for a workstation, reading area, or homework space. All appliances are included, even the washer and dryer! **IMPORTANT UPDATES INCLUDE A NEW ARCHITECTURAL SHINGLE ROOF (2021), HVAC SYSTEM (2021), AND WATER HEATER (2020).** While the interior retains much of its original style and would benefit from fresh paint, flooring, and cosmetic updates, these improvements offer a great starting point for your vision. Step outside to enjoy the screened patio and fully fenced backyard overlooking a peaceful conservation area, providing privacy with no rear neighbors. The home also features an attached 2-car garage. Living in **Avalon Park South Village in East Orlando** means enjoying resort-style community amenities, including a swimming pool, fitness center, tennis and pickleball courts, beach volleyball, a community center, and walking trails. Conveniently located near Avalon Park schools and just minutes from **Downtown Avalon Park**, where you'll find restaurants, shopping, and community events. **LOCATION, CHARACTER, AND OPPORTUNITY!** Whether you're looking for a home to personalize or simply appreciate a well-designed floor plan in an established community, this property is worth a look. Schedule your private showing today!

14226 Bradbury Road, Orlando
507 Canary Island Court, Orlando
$499,000
4 Beds ⋅ 2 Baths ⋅ O6449029 MLS
Spacious 4-bedroom, 2-bath home featuring an open living area, a versatile loft and a separate dining room. Enjoy a screened lanai and a private backyard backing to a conservation area with no rear neighbors. Beautiful marble flooring in the main living areas and wood-look tile in the 3 bedrooms. The kitchen features a brand-new stainless steel appliances. The primary bathroom features dual vanities, a garden tub and a separate walk-in shower. Additional highlights include a roof replaced in 2023, a new electrical panel installed in 2026, and a water heater replaced in 2025. Conveniently located near shopping, dining, and major roardways.

507 Canary Island Court, Orlando
14212 Sunriver Avenue, Orlando
$459,000
4 Beds ⋅ 2 Baths ⋅ O6447199 MLS
Your New Home at 14212 Sunriver Ave, in the Eastwood community of Orlando, FL 32828. Welcome to this very nice updated 4-bedroom, 2-bathroom home, offering approximately 1,950 square feet of living space. This move-in-ready residence features a remodeled kitchen with modern finishes, like granite countertops, tile back splashes and updated appliances(new Gas Stove, featuring Wi-Fi, air fryer, new Microwave and Refrigerator w/Double French doors), beautifully updated bathrooms, a new roof(under 2 yrs), new gutters, tiled rear porch and a private fenced backyard enhanced with new pavers—creating the perfect outdoor space for entertaining, family gatherings, or simply enjoying Florida's year-round sunshine. Beyond the home itself, Eastwood offers an exceptional lifestyle with resort-style amenities, including a community pool, tennis and pickleball courts, basketball courts, soccer and softball fields, playgrounds, and picnic pavilions. The HOA fees also include high-speed fiber-optic internet, premium Xfinity cable, and nicely maintained common areas, allowing residents to enjoy a connected and well-maintained neighborhood. Families will appreciate the home's location within the highly rated A’s School Orange County Public Schools district. Sunrise Elementary School is within walking distance, while convenient OCPS bus service is available for Discovery Middle School and Timber Creek High School. Ideally located just minutes from Waterford Lakes Town Center, the University of Central Florida (UCF), major highways (SR 408, SR 417, and SR 528), Orlando International Airport, and an abundance of shopping, dining, and entertainment options, this home offers the perfect balance of comfort, convenience, and community. This is a rare opportunity to own a beautifully updated home in one of East Orlando's most desirable neighborhoods. Schedule your private showing today and discover everything this Eastwood home has to offer. (This home is PET and SMOKE FREE)

14212 Sunriver Avenue, Orlando
2219 Hillshire Drive, Orlando
$469,900
3 Beds ⋅ 2 Baths ⋅ O6447997 MLS
UPDATED WATERFRONT HOME in Stoneybrook, a 24-hour GUARD GATED GOLF COMMUNITY, located in the desirable Mayfair Run neighborhood. Offering 3 bedrooms, 2 bathrooms, and 1,761 square feet, this home features a fantastic three-way split floor plan with all three bedrooms privately positioned for added comfort and flexibility. Best of all, the home offers beautiful water views and an outdoor setting designed to take full advantage of them! Major improvements include a fully paid-off solar system, providing energy efficiency and the potential for meaningful savings on electric costs, along with ALL NEW WINDOWS throughout the home and a new front door, all installed in 2023. The meticulously maintained exterior is equally impressive, with beautiful landscaping framed by attractive wrap-around landscape edging, a fully pavered driveway, and a paver walkway leading to the front door, creating an exceptional first impression. Inside, the updated kitchen features white cabinetry, quartz countertops, a stylish backsplash, finished with stainless steel appliances. The spacious rear primary suite enjoys beautiful water views, a vaulted ceiling, and a large walk-in closet. The PRIMARY BATHROOM HAS BEEN COMPLETELY RENOVATED from top to bottom, featuring new flooring, a beautifully appointed vanity with quartz countertop and black hardware, framed mirror and updated lighting, and a stunning glass-enclosed shower with tiled walls. One of the home's most distinctive features is the enclosed addition that transformed what was once exterior space into a beautiful formal living area filled with natural light. With views toward the backyard and water, this inviting space provides a wonderful place to relax and enjoy the home's exceptional setting. French doors open directly to a covered, fully screened-in patio, creating an effortless connection between the interior and outdoor living spaces. Beyond the patio, the pavered backyard features a built-in fire pit and full fencing, all overlooking the peaceful water and conservation views. With its exceptional waterfront setting, thoughtful renovations, paid-off solar, new windows, three-way split floor plan, and beautifully maintained grounds, this home offers an outstanding combination of comfort, efficiency, privacy, and indoor-outdoor living! Stoneybrook is a desirable gated community just minutes from the 408 and 528 expressways nestled between Avalon Park and the Waterford Lakes Town Center. HOA INCLUDES TOP TIER CABLE PACKAGE & HIGH SPEED FIBER OPTIC INTERNET. Families can enjoy the many wonderful amenities such as the basketball and tennis courts, pickleball courts, state of the art Fitness Center, event rooms, soccer and softball fields, sail shade covered playground, and Olympic size pool. Make an appointment to see this home today!

2219 Hillshire Drive, Orlando
16711 Cedar Crest Drive, Orlando
$289,900
2 Beds ⋅ 3 Baths ⋅ O6447942 MLS ⋅ 16711 BLDG.
Easy to show! Pristine 2BD/2.5BA townhouse in Timber Pointe. Dual primary suites upstairs, each with a dedicated private bath. Features durable LVP flooring throughout living areas and bedrooms (carpet free), a spacious eat-in kitchen with stainless steel appliances, and a rare rear entry 2-car garage. Prime location near UCF, Valencia College, 408/417, and Research Parkway.

16711 Cedar Crest Drive, Orlando
15319 Montesino Drive, Orlando
$415,000
4 Beds ⋅ 2 Baths ⋅ O6445903 MLS
Priced to sell! This 4-bedroom, 2-bath home offers 2,013 heated sq ft in the sought-after Bella Vida community of East Orlando. It's currently income-producing with tenants in place, so investors can collect rental income from day one. Looking for your next home instead? Occupancy after closing can be coordinated with the current tenants, which makes the transition to a primary residence smooth and simple. Inside, multiple living areas give you the flexibility to set up a formal living room, a cozy family room, a playroom, or a home office, with plenty of space for everyone to spread out. The home is ready for your personal touches, so you can make it your own and build equity along the way. The location is hard to beat, with quick access to SR-408 and SR-417, Waterford Lakes, Avalon Park, UCF, and a wide range of shopping, dining, and major employers. Whether you're expanding your portfolio or looking for room to grow, this one won't last at this price. Schedule your private showing today! Some photos have been virtually staged.

15319 Montesino Drive, Orlando
12834 Woodbury Glen Drive, Orlando
$400,000
3 Beds ⋅ 2 Baths ⋅ O6444466 MLS
Virtually Staged. Move-in ready! Don’t miss this beautiful 3-bedroom, 2-bath, single-story home conveniently located near Waterford Lakes. The open floor plan features a spacious kitchen and family room, perfect for everyday living and entertaining. The kitchen offers well cabinetry and granite countertops for a bright, modern look. Enjoy the enclosed screened-in patio for additional relaxation space. Conveniently located near shopping, dining, UCF, and major roadways. Schedule your private showing today!

12834 Woodbury Glen Drive, Orlando
12729 Avalon Lake Drive, Orlando
$409,990
3 Beds ⋅ 4 Baths ⋅ O6446844 MLS ⋅ 6 Unit Evergreen BLDG.
Virtually Staged. Pre-Construction. To be built. ***PRE CONSTRUCTION PRICING! ***This is your chance to own in the final phase of Avalon Park, one of Orlando's most established and sought-after communities—and once this phase sells out, there won't be another. The Bartow II on Lot 4 is available now at pre-construction pricing, so you can lock in today's price before it goes up. Designed for comfortable, modern living, this thoughtfully planned home features a TWO-CAR REAR GARAGE, 3.5 BATHS, flexible gathering spaces, builder warranties, and a limited opportunity to personalize the interior design package. Enjoy the vibrant Avalon Park lifestyle near Town Center shopping and dining, top-rated schools, community events, parks, and convenient commuter routes. Don't wait—contact us today to secure Lot 4 and ask about current incentives! Photos are of a similar home; actual finishes and features may vary. Sales office is offsite at 12950 Tanja King Blvd Orlando

12729 Avalon Lake Drive, Orlando
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