551 TERRACE SPRING DRIVE, ORLANDO, FL 32828
What's special
Rare opportunity to own a Toll Brothers-built waterfront corner-unit townhome in the gated Woodland Terrace community. Designed for both comfort and style, this exceptional residence offers a sought-after first-floor primary suite, soaring two-story ceilings, an open-concept layout, and a spacious loft perfect for flexible living. The premium corner-unit location maximizes natural light while providing added privacy, and the tranquil water views create a relaxing backdrop throughout the home. Recent improvements include new vinyl flooring throughout, a newer A/C condenser (2021), refrigerator (2021), and microwave (2021). Residents enjoy a true low-maintenance lifestyle with HOA-covered roof replacement, exterior maintenance, landscaping, and common area upkeep. Nestled within the highly sought-after Timber Springs master-planned community, residents enjoy beautiful tree-lined streets, a quiet and peaceful atmosphere, and exceptional community amenities. Woodland Terrace features gated access and a community pool just steps away, while Timber Springs also offers a nearby park, playground, and tennis courts. Conveniently located minutes from shopping, dining, UCF, Waterford Lakes Town Center, major employers, and everyday conveniences, this home provides easy access to SR 50, 408, 417, and 528, allowing for convenient travel to Downtown Orlando, Lake Nona, Orlando International Airport, and Orlando's world-famous attractions. Don't miss this rare opportunity to own one of the community's most desirable floor plans with premium water views and the renowned quality of Toll Brothers construction.
- 108 days |
- 811 |
- 75 |
Originating MLS: Orlando RegionalTravel times
Living Room
Kitchen
Loft
Zillow last checked:
Listing updated:
Anna Shi 407-216-1215,
LPT REALTY, LLC 877-366-2213
Originating MLS: Orlando Regional
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
Bedroom 2
- Features: Built-in Closet
- Level: Second
Bedroom 3
- Features: Built-in Closet
- Level: Second
Kitchen
- Level: First
Living room
- Level: First
Loft
- Level: Second
Heating
- Central, Electric
Cooling
- Central Air, Humidity Control
Appliances
- Included: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
- Laundry: Laundry Closet
Features
- Ceiling Fan(s), High Ceilings
- Flooring: Ceramic Tile, Vinyl
- Doors: French Doors
- Has fireplace: No
Interior area
- Total structure area: 2,173
- Total interior livable area: 1,834 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Exterior features: Lighting, Playground, Sidewalk
- Has view: Yes
- View description: Pond
- Has water view: Yes
- Water view: Pond
Lot
- Size: 4,085 Square Feet
Details
- Parcel number: 312232979701210
- Zoning: P-D
- Special conditions: None
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Features: Community Mailbox, Playground, Pool, Sidewalks
- Pet fee: $0 monthly
- Subdivision: WOODLAND TER/TIMBER SPGS A-G
HOA
- Has HOA: Yes
- Services included: Maintenance Structure
- HOA fee: $628 monthly
- HOA name: Leland Management/Mariel Repetto
- HOA phone: 407-781-1275
- Second HOA name: Timber Springs
Location
- Region: Orlando
Financial & listing details
- Price per square foot: $196/sqft
- Tax assessed value: $327,794
- Annual tax amount: $5,509
- Date on market: 6/18/2026
- Cumulative days on market: 109 days
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Concrete, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2026 | Listed for rent | $2,400+33.3%$1/sqft |
Source: Stellar MLS #O6446011 | ||
| 9/6/2026 | Price change | $359,900-1.9%$196/sqft |
Source:  Stellar MLS #O6418210 | ||
| 8/19/2026 | Price change | $366,990-0.8%$200/sqft |
Source: Stellar MLS #O6418210 | ||
| 6/18/2026 | Listed for sale | $369,990+38.6%$202/sqft |
Source: Stellar MLS #O6418210 | ||
| 3/14/2020 | Listing removed | $1,800$1/sqft |
Source: RAZZANI INTERNATIONAL REALTY #O5835310 | ||
| 2/6/2020 | Price change | $1,800-10%$1/sqft |
Source: RAZZANI INTERNATIONAL REALTY #O5835310 | ||
| 1/8/2020 | Listed for rent | $2,000+48.1%$1/sqft |
Source: RAZZANI INTERNATIONAL REALTY #O5835310 | ||
| 12/31/2019 | Sold | $267,000+0.8%$146/sqft |
Source: Stellar MLS #O5827490 | ||
| 11/26/2019 | Pending sale | $265,000$144/sqft |
Source: REGAL R.E. PROFESSIONALS LLC #O5827490 | ||
| 11/21/2019 | Listed for sale | $265,000-11.7%$144/sqft |
Source: REGAL R.E. PROFESSIONALS LLC #O5827490 | ||
| 6/6/2015 | Listing removed | $1,350$1/sqft |
Source: Fusilier Realty Group | ||
| 6/2/2015 | Listed for rent | $1,350+8%$1/sqft |
Source: Fusilier Realty Group | ||
| 7/18/2013 | Listing removed | $1,250$1/sqft |
Source: Fusilier Realty Group #O5171338 | ||
| 7/16/2013 | Listed for rent | $1,250$1/sqft |
Source: Fusilier Realty Group #O5171338 | ||
| 5/17/2012 | Listing removed | $1,250$1/sqft |
Source: Fusilier Realty Group #O5098463 | ||
| 5/1/2012 | Listed for rent | $1,250$1/sqft |
Source: Fusilier Realty Group | ||
| 11/23/2011 | Sold | $300,000+3.4%$164/sqft |
Source: Public Record | ||
| 3/27/2007 | Sold | $290,000$158/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,147 +12.2% | $278,754 +10% |
| 2023 | $4,588 +11.9% | $253,413 +10% |
| 2022 | $4,100 +13.9% | $230,375 +10% |
| 2021 | $3,599 +5.2% | $209,432 +6.5% |
| 2020 | $3,420 +0.4% | $196,737 +3.1% |
| 2019 | $3,406 +9.3% | $190,791 +10% |
| 2018 | $3,116 | $173,446 +5.2% |
| 2017 | $3,116 +4.1% | $164,918 -4.6% |
| 2016 | $2,992 -5.5% | $172,929 +7% |
| 2015 | $3,167 +5.4% | $161,612 +12.8% |
| 2014 | $3,004 +8.8% | $143,219 +0.9% |
| 2013 | $2,761 -1.4% | $141,941 -0.7% |
| 2012 | $2,800 +42.4% | $142,945 +7.1% |
| 2011 | $1,966 -5% | $133,424 -6.9% |
| 2010 | $2,069 | $143,383 -10.4% |
| 2009 | -- | $160,022 -26.1% |
| 2008 | $3,176 +234.6% | $216,580 +381.3% |
| 2007 | $949 +23.4% | $45,000 +12.5% |
| 2006 | $769 +1284.5% | $40,000 +1233.3% |
| 2005 | $56 | $3,000 |
Find assessor info on the county website
Monthly payment
Estimated market value
$355,900
$338,000 - $374,000
$2,324/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.