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$369,990

  • For Sale
  • Active
  • Townhouse
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,834 Sq. Ft.
  • Updated 6 days ago
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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.

Full Property Details for 551 Terrace Spring Dr

General

  • Price: $369,990
  • HOA FEE: $577/month
  • Taxes: $5,509 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: MidFloridaRegionalMLS
  • MLS ID: O6418210
  • Updated: 8/9/2026
  • Added to Site: 59 day(s) ago

Rental Information

  • Min. Lease: 8-12 Months

Interior

  • Number of Rooms: 6
  • Interior Features: Ceiling Fan(s), High Ceilings
  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
  • Furnishings: Unfurnished
  • Flooring: Ceramic Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Laundry Closet

Exterior

  • Exterior Features: French Doors, Lighting, Playground, Sidewalk

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1

Location

  • Area: 32828 - Orlando/Alafaya/Waterford Lakes
  • County: Orange
  • Development Name: 32828 - Orlando/Alafaya/Waterford Lakes
  • Subdivision: WOODLAND TER/TIMBER SPGS A-G
  • Driving Directions: GPS
  • Direction Faces: East

School Information

  • Elementary School: Timber Lakes Elementary
  • Middle School: Timber Springs Middle
  • High School: Timber Creek High

Community

  • Community Name: 32828 - Orlando/Alafaya/Waterford Lakes
  • Community Features: Community Mailbox, Playground, Pool, Sidewalks
  • Association: Yes
  • Assoc. Name: Leland Management/Mariel Repetto
  • Assoc. Fees Include: Maintenance Structure
  • Pet Restrictions: Buyer or buyer’s agent to verify restrictions with the HOA

Heating & Cooling

  • Cooling Type: Central Air, Humidity Control
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

Structural Information

  • Exterior Const.: Block, Stucco
  • Roof: Shingle
  • Stories/Levels: Two
  • Square Feet: 1,834
  • Sq. Ft. Source: Public Records
  • Year Built: 2007

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 4,085
  • Lot Size: 4085
  • Street/Road Desc.: Concrete, Paved

Financial Considerations

  • Association Fee: $577
  • Assoc Fee Freq.: Monthly
  • Assoc Fee Desc.: Required
  • Tax Amount: $5,509.73
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: WOODLAND TERRACE AT TIMBER SPRINGS 62/64LOT 121
  • Flood Zone Info: X
  • APN: 312232979701210
  • Property ID: 312232979701210
  • Block/Lot/Section: 1

Listed by Lpt Realty, Llc

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Listing agent

— 551 Terrace Spring Dr —

  • Lpt Realty, Llc

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 551 Terrace Spring Dr

School District:Orange County School District
NameGradesDistance
Timber Lakes Elementary School
2149 Crown Hill Boulevard, Orlando, FL 32828
K-50.7 mi
Timber Creek High School
1001 Avalon Park Boulevard, Orlando, FL 32828
9-120.6 mi
Timber Springs Middle
16001 Timber Park Lane, Orlando, FL 32828
6-80.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 551 Terrace Spring Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/18/2026
Listed
$369,990
38.57%
MLS
12/30/2019
Sold
$267,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 551 Terrace Spring Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,510
—
$323,410
-1%
2025
$5,510
7%
$327,690
—
2024
$5,147
12%
$327,794
7%
2023
$4,588
27%
$307,256
47%
2021
$3,599
-12%
$209,432
-22%
2022
$4,100
14%
$266,863
36%
2021
$3,599
6%
$196,737
—
2019
$3,406
9%
$197,042
14%
2018
$3,116
4%
$173,446
5%
2017
$2,992
-6%
$164,918
-5%
2016
$3,167
5%
$172,929
10%
2015
$3,004
7%
$157,541
10%
2014
$2,795
1%
$143,219
1%
2013
$2,761
—
$141,941
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Lpt Realty, Llc

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551 Terrace Spring Drive, Orlando, FL 32828 (MLS# O6418210) is a Townhouse property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 551 Terrace Spring Drive is currently listed for $369,990 and was received on June 18, 2026. Want to learn more about 551 Terrace Spring Drive? Do you have questions about finding other Townhouse real estate for sale in Orlando? You can browse all Orlando real estate or contact a Coldwell Banker agent to request more information.

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