Waterview Reserve

Waterview Reserve is a gated community of single family homes, and townhomes in Orlando, Florida, with a range of options priced between $324,999 and $650,000. There are currently a total of 5 homes for sale in Waterview Reserve. The smallest Waterview Reserve home presently available is a three bedroom two bathroom residence that is 1,906 square feet (1,602SF Under Air living space), and the largest of the Waterview Reserve homes currently on the market has three beds and two baths and is a 3,521 square foot (2,913SF Under Air) residence.

Property management fees in Orange County vary depending on the community and sometimes vary between homes in the community. The current HOA fees for homes in Waterview Reserve range from $185 to $289 and $282 for a townhome. This fee includes grounds maintenance, building maintenance, maintaining the community roads, the community pool, security, trash removal, sewer, Cable TV & internet, and recreation facilities. Please check the individual listing pages for the exact homeowners association fees for a particular Waterview Reserve home.

Waterview Reserve amenities include a clubhouse, swimming pool, spa / hot tub, and a state-of-the-art fitness center. Sports facilities include tennis courts, pickleball courts, and basketball court.

The Waterview Reserve HOA rules do allow homeowners to have pets although there are certain breed restrictions. Dogs and cats are allowed.

There are four commercial airports that serve Waterview Reserve - Orlando International (MCO), which is eight miles away; Kissimmee Gateway (ISM), which is eight miles away; Orlando Executive (ORL), which is twelve miles away, and Orlando Sanford International (SFB), which is twenty nine miles away from Waterview Reserve.

Waterview Reserve real estate activity on the Orlando MLS during the past year (as of December 2025) reflects four homes changing hands, with an average asking price of $514,725 and an average selling price of $497,250. This represents a healthy list-to-sell price ratio of 97% and $194 per square foot. During this period, Waterview Reserve homes for sale have taken an average of 190 days to sell.

In addition, there are numerous other communities in Orlando to choose from, or you may browse all available Orlando Real Estate, including some new construction opportunities. Homes for sale in Waterview Reserve are selling quickly. Set up a new listing alert, and we will notify you immediately when a new home in Waterview Reserve hits the market. You can also always contact your ZFC Real Estate agent, who would happily assist you further with all your Central Florida real estate needs.

Waterview Reserve Homes For Sale

Under Contract

$595,000

MLS#MFRO6356195

5114 Watervista Dr
Orlando, FL 32821

3

2

2

2,346 SqFt

Water Front

0.12 Acres

59 Days

Reduced

$475,000

$489,900

MLS#MFRO6351089

4870 Watervista Dr
Orlando, FL 32821

3

3

1

2,656 SqFt

Water Front

0.16 Acres

69 Days

Reduced

$459,900

$469,900

MLS#MFRO6344124

5333 Watervista Dr
Orlando, FL 32821

3

2

2

2,141 SqFt

0.12 Acres

101 Days

Reduced

$459,000

$495,000

MLS#MFRO6297400

5421 Watervista Dr
Orlando, FL 32821

3

3

2

2,468 SqFt

0.2 Acres

264 Days

Under Contract

$450,000

$465,000

MLS#MFRO6332957

5389 Watervista Dr
Orlando, FL 32821

3

2

2

2,267 SqFt

0.12 Acres

144 Days

5 Active Listings in Waterview Reserve