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Neighborhood · Orlando, Florida

Watermill Cove

Small-scale living with a straight shot downtown

1

Homes for sale

$445,000

Median list price

$264

Avg price / sqft

9

Median days on market

Search Watermill Cove on the map

Watermill Cove is a compact residential pocket in Orange County, close enough to Winter Park schools and central Orlando that the everyday commute stays short. It's the kind of neighborhood where the housing feels settled and the pace is quiet, with downtown reachable in about 17 minutes and Orlando International Airport around 24 — an easy fit for people who want proximity without the traffic of the tourist corridors. Buyers weighing it often look at nearby options too, from Metro West to College Park and the wider pool of Orlando homes for sale.

The market here is tight and moves fast. There's currently just one active listing at $445,000, and over the past year 10 homes sold at a median of $410,000 — with sellers pulling in 100% of asking on average, and a median of 9 days on market. That combination means well-priced homes don't linger, so serious buyers should be ready to act; it's worth comparing against master-planned alternatives like Laureate Park if you need more inventory to choose from.

Watermill Cove is a community in Orlando, Florida.

Quick facts

$445,000$445K price range

1,687 sqft median home

10 sold in 12 months

Drive times

Downtown Orlando17 min
Orlando Int’l Airport (MCO)24 min
Universal Orlando29 min
Walt Disney World46 min

On the market now

Homes for sale in Watermill Cove

Every active listing inside the Watermill Cove boundary

Open full map search →

The numbers that matter

The Watermill Cove market

10

Sold, last 12 months

$410,000

Median sold price

100%

Sale-to-list ratio

What sellers actually get vs asking

10 days

Median time to sell

Watermill Cove vs Orlando

Median list price

Watermill Cove$445K
Orlando Co.$390K

Price per sqft

Watermill Cove$264
Orlando Co.$264

Days on market

Watermill Cove9d
Orlando Co.34d

Median sold price — 3-yr, 3-mo rolling

14.5% yr/yr

$403K$451K$500KMar ’24Mar ’26

Homes sold per month

012Mar ’24Mar ’26

Live Stellar MLS data — every listing and closed sale inside the Watermill Cove boundary. Rolling medians smooth single-month swings in small communities.

For the school run

Schools Watermill Cove is zoned for

Attendance boundaries overlapping this community — always verify zoning with the district.

What it really costs

Owning here

Owning the median Watermill Cove home

$3,135/mo

Principal & interest $2,345
Property tax $580
Insurance (est.) $210

$445,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

Population

427

Median age

49

Median income

$119,844

Median home value

$365,100

Beyond the listings

Living in Watermill Cove

Relationships

Top 23% in the U.S.

Networking

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Culture

Sites to See

This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.

Lifestyles

Student Life

There's more to student life than academics. It's about the experience - from classes and homecoming, to making lifetime friends and alumni events. These are students at school, taking classes online, or finding other ways to be students in their daily lives.

Emotional

Awestruck

Great things are meant to be shared, and this population is eager to show others what they find to be amazing, beautiful and exciting.

Beliefs

Local Engagement

These citizens want to make their neighborhood a better, more beautiful place to live. They're attentive to the needs and affairs of the local community.

Beliefs

Spiritual Practices

Making it to church on Sunday, this population is drawn together by their devotion to, primarily Christian, religion. Common activities include worship services and bible studies.

People who close here

Our Orlando experts

Straight answers

Watermill Cove FAQs

Is Watermill Cove a good place to live?+

It works well for buyers who want a quiet residential setting with fast access to central Orlando — downtown is about 17 minutes and the airport around 24. Homes feed into Winter Park High, Maitland Middle, and Arbor Ridge K-8, and the neighborhood's small scale keeps things calm.

Is Watermill Cove expensive?+

It's a mid-market Orlando neighborhood, with a median sold price of $410,000 over the past year and the single active listing at $445,000. That's more accessible than luxury enclaves but above the city's entry-level pockets. For a broader range of price points, it's worth browsing Orlando homes for sale.

What do homes cost in Watermill Cove?+

Recent sales landed at a median of $410,000, and the current active listing is priced at $445,000. At an average of $264 per square foot with a median home size of 1,687 square feet, pricing reflects comfortable single-family living rather than sprawling estates.

How is the market in Watermill Cove?+

It's fast and competitive. Homes sold in a median of just 9 days over the past year, and sellers averaged a full 100% of their asking price across 10 sales. With only one home currently active, buyers should expect limited choice and quick decisions.

What about HOA fees and property taxes?+

The median property tax runs about $6,957 per year based on recent records. HOA figures aren't available in the current data, so confirm any association dues directly with your agent before making an offer.

Keep exploring

More Orlando neighborhoods

Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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