632 TERRACE COVE WAY, Orlando, FL, 32828 | $615,000

Live the resort lifestyle in this spectacular heated pool home in highly sought-after Waterford Lakes. Situated on an oversized nearly quarter-acre lot with no rear neighbors, this updated 4-bedroom, 3-bathroom home with a dedicated home office/flex space offers 2, 416 square feet of living space designed for comfort, privacy, and entertaining. Inside, you'll find soaring 12-foot ceilings, a dramatic 15-foot vaulted living room, natural light, a wood-burning fireplace, and expansive sliding glass doors that seamlessly connect indoor and outdoor living spaces. The commercial-style gourmet kitchen features dual gas ranges and ovens, eight gas burners, dual flat-top griddles, stainless steel hood and backsplash, quartz countertops, a walk-in pantry, and a breakfast nook overlooking the pool and lanai. A formal dining room with crown molding offers entertaining space. The three-way split-bedroom floor plan offers privacy with each wing having access to its own full bathroom. The primary suite features French doors to the pool, a walk-in closet, dual vanities, and a soaking tub. A secondary bedroom also offers French doors to the lanai and pool, a walk-in closet, and is ideal for guests or multi-generational living. The dedicated office/flex space can serve as a home office, fitness room, media room, playroom, guest room, or potential fifth bedroom. Outside, enjoy a private backyard oasis featuring a screened heated pool and spa, swim-up bar, expansive covered lanai, and summer kitchen. The oversized pool enclosure, upgraded screening, and lack of rear neighbors provide privacy and year-round enjoyment. A standout feature is the home's propane-powered amenities, including dual propane gas ranges, propane hot water heater, buried propane tank, and propane-heated pool and spa—features rarely found in many Central Florida communities. Major updates include a new roof (2020), whole-home repipe (2022), propane hot water heater (2023), dual gas ranges (2023), interior paint (2024), painted pool deck (2024), buried propane tank (2024), Carrier Infinity 24 variable-speed 5-ton HVAC with advanced dehumidification (2024), Carrier whole-home germicidal air purification system (2024), LG refrigerator (2024), LG washer, pedestal washer and dryer (2024), KitchenAid dishwasher (2024), Kraus touchless kitchen faucet (2024), Gerber toilets (2024), upgraded Phifer pool enclosure screens (2024), chimney improvements with new chase pan (2025), Jandy variable-speed pool pump (2025), and Jandy 400, 000 BTU propane pool heater (2025). Waterford Elementary School and Discovery Middle School are located directly across the street from the community, allowing for a quick walk to school while avoiding lengthy carpool lines. The home is also zoned for highly regarded Timber Creek High School. Residents enjoy a recreation center, resort-style community pool, fitness equipment, playground, pickleball courts, tennis courts, basketball courts, sand volleyball courts, dog park, and walking trail. Conveniently located near Waterford Lakes Town Center, UCF, Research Park, Lockheed Martin, Orlando International Airport, SR-408, SR-417, shopping, dining, entertainment, and major employers. Featuring a heated pool and spa, swim-up bar, outdoor kitchen, dedicated home office, gourmet gas kitchen, wood-burning fireplace, oversized lot, no rear neighbors, top-rated schools, and extensive recent upgrades, this exceptional Waterford Lakes home offers the true Florida lifestyle.

Features

  • Rooms: 9
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Laundry Room
  • Style: Florida
  • Year Built: 1993
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,416
  • Acreage: 0.23
  • Est. Taxes: $7,933
  • HOA Fee: $350 Annually
  • Elem. School: Waterford Elem
  • Middle School: Discovery Middle
  • High School: Timber Creek High
  • Pool: Heated, In Ground
  • Pet Policy: Breed Restrictions
  • Appliances: Bar Fridge, Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: O6412482
  • Days on Market: 20 days
  • Website: https://www.raveis.com
    /prop/O6412482/632terracecoveway_orlando_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 7/14/2026 12:19:26 AM)
Listing courtesy of CHARLES RUTENBERG REALTY ORLANDO   Phone: 407-622-2122

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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632 TERRACE COVE WAY, Orlando, FL, 32828

$615,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $492,000 $492,000 $492,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.500% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.697% 6.650% 5.992%
Monthly Tax Payment $661 $661 $661
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,989 $3,110 $4,086
Total Monthly Payment $3,742 $3,863 $4,839

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.