Neighborhood · Orlando, Florida
Watermill Cove
A quiet Orlando pocket with easy downtown access
1
Homes for sale
$420,000
Median list price
$271
Avg price / sqft
8
Median days on market
Watermill Cove is a small residential enclave in Orange County, close enough to downtown that the commute barely registers — about 17 minutes to Orlando proper and 24 to MCO. The scale here is intimate: single-family homes around 1,687 square feet, with the character of an established neighborhood rather than a sprawling master-planned community. Buyers who like the connectedness of nearby areas like Metro West but want something lower-key will feel at home here.
The market is genuinely tight. With just one active listing at $425,000 and nine sales over the past year, inventory moves — and sellers are getting 100% of asking on average, so there's little room for lowball offers. If you're weighing options against busier corridors like Hunters Creek or newer builds in Laureate Park, Watermill Cove reads as a steadier, more predictable buy.
Watermill Cove is a community in Orlando, Florida.
Quick facts
$420,000 – $420K price range
1,548 sqft median home
$8/mo median HOA
10 sold in 12 months
Drive times
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
$412,500
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
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 13.0% yr/yr
Homes sold per month
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
≈ $2,948/mo
$420,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$8/mo
Median HOA
From current listings inside the boundary
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's a small, established residential pocket with an easy 17-minute drive to downtown Orlando and 24 minutes to the airport. Homes are consistent in size around 1,687 square feet, which gives the neighborhood a settled, uniform character. If you want proximity to the city without the density of areas like Metro West, it fits well.
Is Watermill Cove expensive?+
It sits in a mid-market range for Orlando, with the current active listing at $425,000 and homes selling around a $410,000 median over the past year. At roughly $252 per square foot, it's approachable relative to Orlando's higher-end pockets. Property taxes run about $6,205 a year.
What do homes cost in Watermill Cove?+
The median list price is $425,000 and recent sales landed at a $410,000 median, so pricing is tight and predictable. With homes averaging around 1,687 square feet at about $252 per square foot, you know roughly what your money buys before you tour.
How is the market in Watermill Cove?+
It's a low-inventory market — just one active listing right now against nine sales in the past 12 months. Homes take a median of 55 days to sell and sellers are getting 100% of asking on average, so serious buyers should come prepared to move. Compared to faster-turning areas like Hunters Creek, the limited supply here is the main constraint.
What about HOA fees and property taxes?+
HOA data isn't currently available for the active inventory, so confirm any dues with your agent before writing an offer. Property taxes run about $6,205 per year at current price levels, which is in line with comparable Orange County neighborhoods.
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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