Water View - 723 TERRACE SPRING DR, ORLANDO
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$313,900

723 TERRACE SPRING DR
ORLANDO, FL 32828
Listed by Patrizia Harrington · KELLER WILLIAMS ADVANTAGE REALTY
Bedrooms
3
Bathrooms
2.5
Living area
1,550 sqft
Year built
2011

About this home

Wake up to beautiful WATER VIEWS every day! Enjoy MAINTENANCE-FREE living in this GATED community with a sleek community POOL that is steps away, exterior maintenance, and grounds care included through the HOA. In addition, the community of Woodland Terrace/Timber Springs offers a nearby park and tennis courts. Enjoy an open floor plan, a stylish kitchen with a large island and STONE countertops, spacious bedrooms, and a private patio overlooking the water- perfect for morning coffee or evening relaxation. The community pool is just STEPS AWAY, and you'll love being minutes from shopping, dining, UCF, major employers, highways, and Orlando's world-famous attractions. Plus, qualified buyers may receive UP TO $4,000 toward closing costs through the preferred lender. Water views, a gated community, and an unbeatable location- this one checks all the boxes!

Property details

MLS #
MFRO6391583
Property type
Townhouse
Subdivision
WOODLAND TER/TIMBER SPGS A-G
Status
Active
Days on market
132
On market date
March 19, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
2
Parking spaces
N/A
Lot size
0.06 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
TIMBER LAKES ELEMENTARY
0.63 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
786
Student:teacher ratio
18.3:1
District
ORANGE
Middle
TIMBER SPRINGS MIDDLE
0.69 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
969
Student:teacher ratio
19.8:1
District
ORANGE
High
TIMBER CREEK HIGH
0.53 mi away · Grades 8-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
3,505
Student:teacher ratio
21.0:1
District
ORANGE

Walkability

Blended score for ORLANDO's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

54
Somewhat walkable
out of 100
EPA National Walkability Index
8.0 / 20 -- Below average walkable
Google Places amenity density
75 / 100
Restaurants & cafes15
Grocery stores2
Parks2
Schools4
Transit stops0
Pharmacies2

Market position

How this listing compares to current activity in ORLANDO, from live MLS data.

On the market 132 days -- 27 more days than ORLANDO's current average of 105 days.
For reference, the median list price across 7,717 active listings in ORLANDO right now is $250,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,040/mo
$62,780 down
$251,120 loan
Principal & interest$1,629
Property tax (est.)$262
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 21, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.