CENTURY 21 Edge
$549,0004 bd2 ba2,239 sqft$245 /sqft$4,218 /mo all-in ↓

8042 RIDGE WAY, ORLANDO, FL, 32817

Active3 days on marketListed Sep 17, 2026MLS #V4951254

Single Family ResidenceLAKESIDE TERRACE

About this home

8042 RIDGE WAY

Welcome home to this spacious 4-bedroom, 2-bathroom home tucked away in a desirable location and zoned for Winter Park schools—with NO HOA! Offering a rare combination of privacy, flexibility, and major system updates, this home sits on an impressive 1/3-acre fully fenced lot with plenty of room to enjoy the Florida lifestyle. Inside, you’ll find tile flooring throughout with original terrazzo underneath, offering exciting possibilities for a future update. The home has been fully rewired and replumbed and includes a whole-house surge protector for added peace of mind. Cat5 wiring provides the option to hardwire your internet throughout the home, while ceiling fans add comfort in multiple rooms. Additional updates include the 2021 roof and hot water heater, plus a new refrigerator in 2025 and dishwasher in 2026.. The versatile 4th bedroom features its own separate entrance, creating an excellent opportunity for a second primary suite, in-law suite, private guest quarters, home office, or multigenerational living space. Storage is plentiful with a subfloored attic and convenient pull-down stairs, while the oversized garage features attractive speckled-coated flooring and plenty of room for vehicles, storage, hobbies, or projects. Step outside to the expansive fenced backyard where approximately 700 square feet of pavers are ready for your future patio, outdoor kitchen, entertaining area, or backyard retreat. Best of all, you can enjoy being close to everything Orlando has to offer while still feeling tucked away from the hustle and bustle. With no HOA, a large fenced lot, mature trees, sought-after school zoning-including Trinity Prep, extensive updates, and flexible living space, this property offers the freedom and versatility that can be hard to find!

Facts & features

The home at a glance

4

Bedrooms

2

Bathrooms

2,239

Sqft

0.3 ac

Lot size

2

Garage

1963

Year built

One

Levels

$245

Per sqft

Trees/Woods viewPets allowed

Inside

FlooringTerrazzo · Tile
AppliancesDishwasher · Microwave · Range · Refrigerator
InteriorCeiling Fan(s) · Crown Molding · Eating Space In Kitchen · High Ceilings · Living Room/Dining Room Combo · Primary Bedroom Main Floor · Solid Surface Counters · Walk-In Closet(s)
LaundryElectric Dryer Hookup · Inside · Laundry Room · Washer Hookup
CoolingCentral Air
HeatingCentral

Outside & construction

RoofShingle
ConstructionBlock · Stucco
FoundationSlab
ViewTrees/Woods
FacesNorth
ParkingDriveway · Oversized
ExteriorLighting · Private Mailbox · Sliding Doors

Community & fees

Taxes (2025)$6,995/yr
PetsYes

Utilities & systems

UtilitiesCable Available · Electricity Connected · Private
WaterWell

The numbers

What it really costs

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

$4,218 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$3,232
FHA mortgage insurance (est.)$243
Property tax — 2025 actual bill$583
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $19,215Loan30-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% · $19,215
Interest rate6.00%
Loan term

Estimated payment

$4,218/mo

Principal & interest$3,232
FHA mortgage insurance (est.)$243
Property taxes (actual bill)$583
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.

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 $549K
$475KedgeAI estimate $502,993 · range $495K$506K$571K

vs edgeAI estimate

+9.1%

$/sqft vs Orlando actives

$245 vs $242

Days on market

3 vs 42 typical

Where $245/sqft sits among the 400 Orlando actives

119
135 · this home
87
21
13
25
$140–203$203–265$265–328$328–391$391–453$453+

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 Lake Martha

Drive times from this address

Downtown Orlando16 min
Orlando Int’l Airport (MCO)25 min
Universal Orlando29 min
Walt Disney World42 min

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

Get to know Orlando. See the full Orlando guide →

Lake Martha — neighborhood snapshot

Population

254

Median age

49

Median income

$116,929

Median home value

$382,400

Avg household

3

Households w/ children

20%

For the school run

Orange County School District

HighWinter Park High★★★★
ElementaryLakemont Elementary★★★★★
MiddleMaitland 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)

209 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 45% above the ORLANDO 32817 median. See the full Orlando market guide →

Paper trail

This home's history

Sep 17, 2026Listed at $549,000 · 3 days on market since
1963Built · LAKESIDE TERRACE

Reality check

What actually sold near 8042 RIDGE WAY

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

8042 RIDGE WAYSold · Sep ’25

$515,000

8042 RIDGE WAY · same community

3 bd · 2 ba · 2,239 sqft · $230/sqft · 63 DOM

2532 LAKE ELLEN LANESold · Jun ’26

$454,900

2532 LAKE ELLEN LANE · same community

3 bd · 2 ba · 2,349 sqft · $194/sqft · 2 DOM

2522 LAKE ELLEN LNSold · Jul ’26

$362,500

2522 LAKE ELLEN LN · same community

3 bd · 3 ba · 2,637 sqft · $137/sqft · 5 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.

Frederick Paige

Your agent

Frederick Paige

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 8042 RIDGE WAY — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 8042 RIDGE WAY — before you fall in love.

See it in person

Schedule a tour

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

Straight answers

8042 RIDGE WAY FAQs

What would the monthly payment be for 8042 RIDGE WAY?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,218/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 8042 RIDGE WAY?+

The most recent tax bill on record (2025) was $6,995. 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 8042 RIDGE WAY?+

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 Orlando?+

At $549,000, this home is listed about 43% above the Orlando median of $385,250. The market section on this page shows how the area is trending.

Which schools are assigned to 8042 RIDGE WAY?+

Winter Park High (high), Lakemont Elementary (elementary), Maitland Middle (middle) — Orange 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

$549,000 runs 45% above the ORLANDO 32817 median — but at 2,239 sqft it's also 41% larger than the typical Orlando listing.

02Trees/Woods views

The trees/woods view is part of what you're buying — views hold value independently of the structure.

03Fresh on the market

Only 3 days on market in a Orlando market that averages 42 — if it fits, move quickly.

04Strong assigned schools

Winter Park High, Lakemont Elementary, Maitland Middle — Winter Park High rates 4 of 5. Always verify assignments with the district.

Listing courtesy of BEE REALTY CORP · Jackie DeSousa. MLS #V4951254.

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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