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Overview

3 bd3 ba1,834 sqft1 car garageTownhouse
TypeTownhouse
HOA$577/mo
Built2007
Lot4,085 sqft
Living area1,834 sqft
Price / sqft$196
Garage1 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)High CeilingsLightingPlaygroundSidewalkCommunity MailboxPoolSidewalks

551 Terrace Spring Dr is a 2007-built home in Woodland Ter/Timber Spgs A-g, Orlando. Inside you'll find 3 bedrooms, 3 bathrooms, and 1,834 square feet of living space. Listed at $359,900 (about $196/sqft), 122 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $577 monthly.

From the listing

Rare opportunity to own a Toll Brothers-built waterfront corner-unit townhome in the gated Woodland Terrace community. Designed for both comfort and style, this exceptional residence offers a sought-after first-floor primary suite, soaring two-story ceilings, an open-concept layout, and a spacious loft perfect for flexible living. The premium corner-unit location maximizes natural light while providing added privacy, and the tranquil water views create a relaxing backdrop throughout the home. Recent improvements include new vinyl flooring throughout, a newer A/C condenser (2021), refrigerator (2021), and microwave (2021). Residents enjoy a true low-maintenance lifestyle with HOA-covered roof replacement, exterior maintenance, landscaping, and common area upkeep. Nestled within the highly sought-after Timber Springs master-planned community, residents enjoy beautiful tree-lined streets, a quiet and peaceful atmosphere, and exceptional community amenities. Woodland Terrace features gated access and a community pool just steps away, while Timber Springs also offers a nearby park, playground, and tennis courts. Conveniently located minutes from shopping, dining, UCF, Waterford Lakes Town Center, major employers, and everyday conveniences, this home provides easy access to SR 50, 408, 417, and 528, allowing for convenient travel to Downtown Orlando, Lake Nona, Orlando International Airport, and Orlando's world-famous attractions. Don't miss this rare opportunity to own one of the community's most desirable floor plans with premium water views and the renowned quality of Toll Brothers construction.

The essentials

Built
2007
Price / sqft
$196
On market
122 days
Annual tax
$5,510
HOA
$577/mo
Flood zone
X · Low risk
Lot
4,085 sqft
Type
Townhouse

At a glance

Townhouse
Built 2007
Community pool
Shared amenity
1 car garage
4,085 sqft lot
Lot size
1,834 sqft
Living area

Payment

Est. monthly payment
$3,093/mo
Down payment (20%)
$71,980
Property taxes
$459/mo
HOA
$577/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Townhouse
Year Built
2007
Lot
4,085 sqft
Cooling
Central Air, Humidity Control
Heating
Central, Electric
Parking
-
Days on Market
122
Ceiling Fans(s)
High Ceilings
Lighting
Playground
Sidewalk
Community Mailbox
Pool
Sidewalks
Convection Oven
Cooktop
Dishwasher
Disposal
Dryer
Electric Water Heater
Exhaust Fan
Microwave
Range Hood
Refrigerator
Washer
Elementary
Timber Lakes Elementary
Middle
Timber Springs Middle
High
Timber Creek High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X
Annual Tax (2025)
$5,510
Parcel #
31-22-32-9797-01-210

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Woodland Ter/Timber Spgs A-g
County
Orange
MLS Area
32828 - Orlando/Alafaya/Waterford Lakes
Lot Size
4,085 sqft
HOA
$577/mo
Leland Management/Mariel Repetto

Price history

Date
Event
Price
9/6/2026
Price change
Source: Stellar MLS #O6418210
$359,900-1.9%
$196/sqft
-
Price change
Source: Stellar MLS #O6418210
$366,990-0.8%
$200/sqft
6/18/2026
Listed for sale
Source: Stellar MLS #O6418210
$369,990
$202/sqft

Neighborhood

551 Terrace Spring Dr
Orlando, FL, 32828 · 32828 - Orlando/Alafaya/Waterford Lakes

Market insights

Offer Insights

Choose an offer strength

List price: $359,900
$357,500 – $359,900
99.5% – 100% of listTops out right at the list price
80% of listList price
51 of the last 80 townhouse or villa closings in 32828 landed at this number or higher (64%). The median one sat 26 days before it went under contract, and this one is on day 122 after a $10,090 cut.

Sample: 80 closed townhouse or villa sales in 32828 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$3,093/mo
Principal & interest$1,877
Property taxes$459
Insurance$180
HOA$577
Down payment20% · $71,980
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA includes any condo dues reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$359,900

$196 per sq ft

Beds and baths

3 beds, 3 baths

Size

1,834 sq ft

Time on market

122 days

Year built

2007

Monthly payment

About $3,093/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $5,510 annual tax bill, insurance, and the $577/mo HOA fee.

HOA fee

$577/mo

Managed by Leland Management/Mariel Repetto.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byLPT REALTY, LLCListing agent: Anna ShiListing data from Stellar MLS, MLS# O6418210.

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