CENTURY 21 Edge
$250,000$488,888$1,961 /mo all-in ↓

1893 ROUSE LAKE ROAD, ORLANDO, FL, 32817

Active685 days on marketListed Sep 26, 2024MLS #O6244713

Priced 37% below the ORLANDO 32817 medianReduced $239KWaterfront

About this home

1893 ROUSE LAKE ROAD

Priced to Sell! Build Your Dream Estate on 7 Acres with Lake Frontage Imagine the possibilities on this expansive 7-acre property offering lake frontage on a quiet corner of serene Lake Emerald, a peaceful fishing lake tucked away in Central Florida. Whether you're dreaming of building a custom home, sprawling estate, or private family compound, this parcel gives you the space, freedom, and setting to make it happen. With generous dimensions of 201 x 1,564 and no HOA restrictions, the property invites you to create a personalized retreat with plenty of room for guest homes, gardens, workshops, and recreational space. Enjoy peaceful surroundings while staying just minutes from everything — including Waterford Lakes Town Center, UCF, and major highways like 408, 417, 528, and I-4. Downtown Orlando, the airport, and Central Florida's world-famous attractions are all within easy reach. A county environmental review shows portions of the property include wetlands, while also identifying upland areas that may be suitable for future development. With professional guidance and proper planning, this land holds strong potential for your next project or long-term investment.

Facts & features

The home at a glance

7.2 ac

Lot size

Waterfront

Inside

Outside & construction

Community & fees

Taxes (2023)$2,628/yr

Utilities & systems

UtilitiesOther
WaterNone

The numbers

What it really costs

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

$1,961 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$1,472
FHA mortgage insurance (est.)$111
Property tax — 2023 actual bill$219
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $8,750Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

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
Down payment3.5% · $8,750
Interest rate6.00%
Loan term

Estimated payment

$1,961/mo

Principal & interest$1,472
FHA mortgage insurance (est.)$111
Property taxes (actual bill)$219
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. 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.

Where it sits

Inside Orlando

Map of 1893 ROUSE LAKE ROAD

Drive times from this address

Downtown Orlando14 min
Orlando Int’l Airport (MCO)24 min
Universal Orlando27 min
Walt Disney World40 min

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

Get to know Orlando. See the full Orlando guide →

ORLANDO 32817 — neighborhood snapshot

Population

37,894

Median age

30.1

Median income

$78,546

Median home value

$327,800

Avg household

2.82

Households w/ children

3,202

For the school run

Orange County School District

HighUniversity High★★★★★
ElementaryRiverdale Elementary★★★★★
MiddleCorner Lake Middle★★★★★

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)

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

This home is listed 37% below the ORLANDO 32817 median. See the full Orlando market guide →

Paper trail

This home's history

CurrentPrice reduced to $250,000 $239K
Sep 26, 2024Listed at $488,888 · 685 days on market since

Reality check

What actually sold near 1893 ROUSE LAKE ROAD

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

1141 SOPHIE BOULEVARDSold · Jun ’26

$222,000

1141 SOPHIE BOULEVARD

2 bd · 2 ba · 995 sqft · $223/sqft · 73 DOM

1256 SOPHIE BOULEVARDSold · Oct ’25

$167,000

1256 SOPHIE BOULEVARD

2 bd · 2 ba · 1,147 sqft · $146/sqft · 11 DOM

1122 HACKBERRY DRIVESold · Mar ’26

$345,000

1122 HACKBERRY DRIVE

3 bd · 2 ba · 1,152 sqft · $299/sqft · 4 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.

Jillian Kobylesky

Your agent

Jillian Kobylesky

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 1893 ROUSE LAKE ROAD — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 1893 ROUSE LAKE ROAD — before you fall in love.

See it in person

Schedule a tour

Live availability from Jillian's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

1893 ROUSE LAKE ROAD FAQs

What would the monthly payment be for 1893 ROUSE LAKE ROAD?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $1,961/mo — principal and interest, the actual property-tax bill 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.

What are the property taxes on 1893 ROUSE LAKE ROAD?+

The most recent tax bill on record (2023) was $2,628. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

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

At $250,000, this home is listed about 36% below the Orlando median of $389,995. The market section on this page shows how the area is trending.

Which schools are assigned to 1893 ROUSE LAKE ROAD?+

University High (high), Riverdale Elementary (elementary), Corner Lake Middle (middle) — Orange County School District. Always verify school assignments with the district before relying on them.

The brief

Four things that matter here

01Under the ORLANDO 32817 market on paper

$250,000 is 37% below the ORLANDO 32817 median of $397,450.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

685 days on market against a Orlando median of 43 — sellers in this position are usually ready to negotiate.

04The price has already moved

Listed at $488,888, now $250,000 — a $239K cut. The full history is in the market section below.

Listing courtesy of CENTURY 21 CARIOTI · Monica Phu Pa. MLS #O6244713.

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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1893 ROUSE LAKE ROAD, ORLANDO, FL — $250,000 | CENTURY 21 Edge