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About this home
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.
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.
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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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.
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