CENTURY 21 Edge
Short-Term Rental Eligible
$374,999$427,7064 bd3 ba2,051 sqft$183 /sqft$2,674 /mo all-in ↓

159 WATERSTONE LOOP, TAVARES, FL, 32778

Active421 days on marketListed May 29, 2025MLS #S5127278

Reduced $53KNew constructionSingle Family ResidenceSEASONS AT WATERSTONE

About this home

159 WATERSTONE LOOP

Under Construction. Explore this ranch-style Tarragon home, ready for quick move-in! Included features: a covered entry; a large study; an inviting great room; a smartly planned kitchen boasting 42" white cabinets, a backsplash, an island, a walk-in pantry, and an adjacent dining area; a secluded primary suite showcasing a generous walk-in closet and a private bath with double sinks; three secondary bedrooms; two additional bedrooms; a convenient laundry off the mudroom; and a cheerful covered patio. This home also offers 9" x 35" wood-look tile flooring and quartz countertops in the kitchen and bathrooms. Visit today! *Special financing rates and closing cost assistance may be available. Options may vary by community and offers are available on select homes only. Contact builder for more information!

Facts & features

The home at a glance

4

Bedrooms

3

Bathrooms

2,051

Sqft

0.16 ac

Lot size

2

Garage

2025

Year built

One

Levels

$183

Per sqft

Pets allowed

Inside

FlooringCarpet · Ceramic Tile
AppliancesDishwasher · Electric Water Heater · Microwave · Range
InteriorHigh Ceilings · Living Room/Dining Room Combo · Open Floorplan · Other · Solid Surface Counters · Walk-In Closet(s)
LaundryLaundry Room
CoolingCentral Air
HeatingCentral · Electric

Outside & construction

RoofShingle
ConstructionBrick · Stucco
FoundationBlock · Other · Slab
FacesEast
ParkingGarage Door Opener
ExteriorIrrigation System · Sliding Doors

Community & fees

HOA fee$141/mo
Taxes (2025)$0/yr
PetsYes

Utilities & systems

UtilitiesBB/HS Internet Available · Cable Available · Electricity Available · Phone Available · Public · Sewer Available · 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.

$2,674 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$2,208
FHA mortgage insurance (est.)$166
Property tax — 2025 actual bill$0
HOA fee — from the listing$141
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $13,125Loan30-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% · $13,125
Interest rate6.00%
Loan term

Estimated payment

$3,018/mo

Principal & interest$2,208
FHA mortgage insurance (est.)$166
Est. property taxes$344
HOA / condo fee$141
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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 $375K
$355KedgeAI estimate $379,859 · range $370K$397K$413K

vs edgeAI estimate

−1.3%

Days on market

421 vs 40 typical

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.

The investor lens

Two ways this home pays

This home sits inside Seasons, a community zoned to allow true short-term rentals — so it can earn as a nightly rental or a traditional lease. Here’s how the two paths compare.

Short-term rental

Zoned & eligible

Nightly rentalsAllowed
CommunitySeasons
Fine-tuned for this homePrepared free by our team
Get the free rental analysis

Projected nightly rate, occupancy and annual revenue for this exact home.

Long-term rental

$2,008/mo median

MarketTavares
Annual gross at median$24,096
Gross yield on this price6.4%
Homes for rent right now36

Live Tavares rental listing data — this home’s rate depends on size, condition and furnishing.

The Florida short-term market

▼ Softening

50%

Occupancy

▼ 32% yr/yr

$296

Avg nightly rate

▲ 15% yr/yr

$35K/yr

Revenue per listing

$148

RevPAR

63 days

Booking lead time

5.5 nights

Avg stay

3

Typical min nights

10,047

Active rentals

▲ 12% supply

Seasonality — monthly occupancy

Peaks at 58% in Feb · bottoms at 38% in Jun

50%
58%
58%
56%
46%
38%
56%
49%
43%
47%
48%
50%
JanFebMarAprMayJunJulAugSepOctNovDec

Last 12 months of data, January–December, bars scaled to the seasonal peak. Market-wide averages across all home sizes in Florida — the projection above is specific to this home’s size.

Where it sits

Inside Seasons

Map of 159 WATERSTONE LOOP inside its neighborhood boundary

Drive times from this address

Downtown Orlando52 min
Universal Orlando55 min
Walt Disney World62 min
Orlando Int’l Airport (MCO)67 min

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

Seasons is a short-term-rental community. See the full guide →

TAVARES 32778 — neighborhood snapshot

Population

25,099

Median age

53.8

Median income

$61,815

Median home value

$241,500

Avg household

2.16

Households w/ children

2,209

For the school run

Lake County School District

HighTavares High School★★★★★
ElementaryTavares Elementary School★★★★★
MiddleTavares Middle School★★★★★

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

The numbers that matter

The Tavares market

Seller’s marketBalanced5.7 months of inventoryBuyer’s market

$324K$345K

Tavares median sold, yr/yr

96.7%

Sale-to-list ratio (12 mo)

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

This home is listed 14% above the TAVARES 32778 median. See the full Tavares market guide →

Paper trail

This home's history

CurrentPrice reduced to $374,999 $53K
May 29, 2025Listed at $427,706 · 421 days on market since
2025Built · SEASONS AT WATERSTONE

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.

Donna Layton

Your agent

Donna Layton

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 159 WATERSTONE LOOP — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 159 WATERSTONE LOOP — before you fall in love.

See it in person

Schedule a tour

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

Straight answers

159 WATERSTONE LOOP FAQs

What would the monthly payment be for 159 WATERSTONE LOOP?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,674/mo — principal and interest, estimated property taxes, the $141/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 159 WATERSTONE LOOP?+

The association fee works out to $141 per month. Ask us for the full association documents — they spell out exactly what the fee covers.

What are the property taxes on 159 WATERSTONE LOOP?+

The most recent tax bill on record (2025) was $0. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Can 159 WATERSTONE LOOP be rented short-term?+

Yes — this home sits inside Seasons, a community zoned to allow short-term rentals. Nightly-rental income could change the math on this purchase entirely; request a free rental income analysis and our team will prepare projections for this exact home.

Are pets allowed at 159 WATERSTONE LOOP?+

The listing reports pets: Yes. 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 Tavares?+

At $374,999, this home is listed about 14% above the Tavares median of $329,999. The market section on this page shows how the area is trending.

Which schools are assigned to 159 WATERSTONE LOOP?+

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

The brief

Four things that matter here

01Positioned at the premium end

$374,999 runs 14% above the TAVARES 32778 median — but at 2,051 sqft it's also 21% larger than the typical Tavares listing.

02Zoned for nightly rentals

Seasons is one of the communities zoned to allow true short-term rentals — nightly income could change the math on this purchase entirely. Ask for the free rental analysis below.

03Time on market is leverage

421 days on market against a Tavares median of 40 — sellers in this position are usually ready to negotiate.

04The price has already moved

Listed at $427,706, now $374,999 — a $53K cut. The full history is in the market section below.

Listing courtesy of AXEN REALTY, LLC · Stephanie Morales, LLC. MLS #S5127278.

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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