Steeve Cadeau
$999,000$1,050,0004 bd4 ba3,450 sqft$290 /sqft$6,606 /mo all-in ↓

8816 GREAT COVE DRIVE, ORLANDO, FL, 32819

Active150 days on marketListed Mar 10, 2026MLS #O6387841

Reduced $51KPrivate poolSingle Family ResidenceBAY HILL COVE

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Upcoming open house

Sat, Aug 8

11:00 AM – 2:00 PM

About this home

8816 GREAT COVE DRIVE

Back on market- previous buyer was unable to complete purchase. No fault of the seller. Inspection period was not completed. Property is available immediately. Welcome to this beautifully crafted Osprey Custom home located in the quiet and desirable Bay Hill Cove community in the heart of Dr. Phillips. Offering 4 bedrooms plus a versatile bonus room, this spacious residence features 3,450 square feet of thoughtfully designed living space with a floor plan that balances comfort, functionality, and style. The home’s primary suite is conveniently located on the first floor, creating a private retreat separate from the additional bedrooms. Inside, you’ll find a gourmet kitchen with high end appliances and a generous island, along with spacious living areas, and an excellent layout ideal for both everyday living and entertaining. Step outside to enjoy your own private Florida oasis featuring a screened-in pool and spa, perfect for relaxing or hosting guests year-round. The backyard also includes a private putting green, mature landscaping, and fruit trees, creating a peaceful and inviting outdoor setting. Additional highlights include great curb appeal, a spacious 3-car garage, and a well-maintained yard that enhances the home’s welcoming presence. Bay Hill Cove is known for its quiet atmosphere and exceptional central location, just a short drive to Bay Hill Club & Lodge, world-class dining, and the entertainment destinations that make Orlando famous, including Walt Disney World and Universal Studios. Orlando International Airport is approximately 30 minutes away, making travel convenient. This is a rare opportunity to own a beautiful custom home in one of Dr. Phillips’ most desirable and centrally located communities. All information is believed to be accurate but should be independently verified by buyers.

Facts & features

The home at a glance

4

Bedrooms

4

Bathrooms

3,450

Sqft

0.26 ac

Lot size

3

Garage

1997

Year built

Two

Levels

$290

Per sqft

Private pool

Inside

FlooringCarpet · Tile · Hardwood
AppliancesConvection Oven · Dishwasher · Disposal · Dryer · Electric Water Heater · Microwave · Range · Range Hood · Refrigerator · Washer · Wine Refrigerator
InteriorAttic Fan · Built-in Features · Ceiling Fan(s) · Crown Molding · Eating Space In Kitchen · High Ceilings · Kitchen/Family Room Combo · Primary Bedroom Main Floor · Solid Wood Cabinets · Split Bedroom · Stone Counters · Thermostat · Tray Ceiling(s) · Walk-In Closet(s) · Window Treatments
LaundryLaundry Room
CoolingCentral Air · Zoned
HeatingCentral

Outside & construction

RoofShingle
ConstructionBlock · Stucco
FoundationSlab
FacesNorth
ParkingGarage Door Opener · Oversized · Workshop in Garage
ExteriorFrench Doors · Irrigation System · Rain Gutters · Sidewalk · Sliding Doors

Community & fees

HOA fee$67/mo
Taxes (2024)$7,368/yr
PetsCats OK, Dogs OK

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Available · Electricity Connected · Phone Available · Public · Sewer Connected · Street Lights · Water Available
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.

$6,606 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$5,391
PMI (est., until 20% equity)$375
Property tax — 2024 actual bill$614
HOA fee — from the listing$67
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $99,900Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $99,900
Interest rate6.00%
Loan term

Estimated payment

$6,606/mo

Principal & interest$5,391
PMI (est., until 20% equity)$375
Property taxes (actual bill)$614
HOA / condo fee$67
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

List $999K
$959KedgeAI estimate $1,643,631 · range $1.5M$1.7M$1.8M

vs edgeAI estimate

−39.2%

$/sqft vs Orlando actives

$290 vs $250

Days on market

150 vs 41 typical

Where $290/sqft sits among the 400 Orlando actives

94
129
95 · this home
49
6
27
$150–205$205–259$259–313$313–368$368–422$422+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Bay Hill Cove

Map of 8816 GREAT COVE DRIVE inside its neighborhood boundary

Drive times from this address

Universal Orlando10 min
Downtown Orlando19 min
Walt Disney World23 min
Orlando Int’l Airport (MCO)28 min

Estimated driving times, typical traffic. Data © OpenStreetMap contributors.

Get to know Orlando. See the full Orlando guide →

Bay Hill Cove — neighborhood snapshot

Population

707

Median age

33

Median income

$101,902

Median home value

$428,000

Avg household

4

Households w/ children

50%

For the school run

Orange County School District

ElementaryPalm Lake Elementary★★★★
MiddleChain Of Lakes Middle★★★★
HighDr. Phillips High★★★★★

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Orlando market

Seller’s marketLeans seller4.5 months of inventoryBuyer’s market

$400K$395K

Orlando median sold, yr/yr

97.0%

Sale-to-list ratio (12 mo)

170 of 400

Orlando actives have cut their price

Median sold price, Orlando, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 153% above the ORLANDO 32819 median. See the full Orlando market guide →

Paper trail

This home's history

CurrentPrice reduced to $999,000 $51K
Mar 10, 2026Listed at $1,050,000 · 150 days on market since
1997Built · BAY HILL COVE

Reality check

What actually sold near 8816 GREAT COVE DRIVE

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

8738 GREAT COVE DRIVESold · Jun ’26

$1,010,000

8738 GREAT COVE DRIVE · same community

4 bd · 4.5 ba · 2,965 sqft · $341/sqft · 1 DOM

8852 GREAT COVE DRIVESold · Jul ’26

$650,000

8852 GREAT COVE DRIVE · same community

4 bd · 3 ba · 2,682 sqft · $242/sqft · 60 DOM

8513 BAY HILL BOULEVARDSold · Mar ’26

$1,800,000

8513 BAY HILL BOULEVARD

4 bd · 4 ba · 3,403 sqft · $529/sqft · 42 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Steeve Cadeau

Your agent

Steeve Cadeau

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 8816 GREAT COVE DRIVE — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 8816 GREAT COVE DRIVE — before you fall in love.

See it in person

Schedule a tour

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Straight answers

8816 GREAT COVE DRIVE FAQs

What would the monthly payment be for 8816 GREAT COVE DRIVE?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $6,606/mo — principal and interest, the actual property-tax bill, the $67/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

How much are the HOA fees at 8816 GREAT COVE DRIVE?+

The association fee works out to $67 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 8816 GREAT COVE DRIVE?+

The most recent tax bill on record (2024) was $7,368. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 8816 GREAT COVE DRIVE?+

The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Orlando?+

At $999,000, this home is listed about 156% above the Orlando median of $390,000. The market section on this page shows how the area is trending.

Which schools are assigned to 8816 GREAT COVE DRIVE?+

Palm Lake Elementary (elementary), Chain Of Lakes Middle (middle), Dr. Phillips High (high) — Orange County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Positioned at the premium end

$999,000 runs 153% above the ORLANDO 32819 median — but at 3,450 sqft it's also nearly twice the size of the typical Orlando listing.

02Your own pool

A private pool — the feature Florida buyers ask for first, already in the ground and included in the price.

03Time on market is leverage

150 days on market against a Orlando median of 41 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

Palm Lake Elementary, Chain Of Lakes Middle, Dr. Phillips High — Palm Lake Elementary rates 4 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $1,050,000, now $999,000 — a $51K cut. The full history is in the market section below.

Listing courtesy of IRWIN REALTY GROUP LLC · Patrick Irwin. MLS #O6387841.

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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