542 TERRACE COVE WAY, Orlando, FL, 32828 | $594,999

One or more photo(s) has been virtually staged. SELLER WILL CONTRIBUTE UP TO $5, 000 CONCESSIONS TOWARDS BUYER'S CLOSING COST!!
Discover the perfect blend of comfort and elegance in this serene sanctuary where luxury meets functionality. Boasting undeniable curb appeal with stately columns and a two car garage, this beautiful home invites you inside. Be greeted by a welcoming entryway that seamlessly flows into the harmonious living and dining spaces on the left and right, adorned with neutral colors, wood laminate floors, and an abundance of natural light. The tall ceilings and rustic light fixtures add to the home's expansive and airy ambiance. For the remote worker or hobbyist, a versatile bedroom with glass French doors doubles as a bonus room or home office, complete with an en suite bathroom featuring a tub/shower combo. The kitchen is equipped with shaker cabinets, brand new stainless steel appliances, pantry storage, granite countertops, decorative backsplash, and bar top seating adjacent to the breakfast nook for casual meals and gatherings. The large family room showcases soaring vaulted ceilings, skylights, and pool views through sliding glass doors to the screened lanai. Revel in the oversized primary bedroom, where waking up to tranquil pool views is a daily indulgence. The unique primary bathroom setup includes two separate bathrooms connected by a walk in closet. One offers a glass enclosed shower and private toilet with pool access, while the other hosts a luxurious garden tub and glass block wall. Two additional guest bedrooms are situated on the home's opposite side ensuring privacy for all, with a guest bath featuring a tub/shower combo that also has pool access. The covered back porch and swimming pool provide the ultimate escape and backdrop for summer barbecues within the privacy of a fenced yard. Located minutes from shopping and dining at the Waterford Lakes Town Center, this home offers access to the Waterford Lakes Recreation Center's array of amenities including a swimming pool, sports courts, playground, dog park, and outdoor fitness center. Proximity to esteemed schools like Discovery Middle, Waterford Elementary, and the University of Central Florida (UCF) underscores this property's exceptional location. Experience this stunning home in its full glory—view the 3D tour and schedule your showing today to witness an unparalleled living experience!

Features

  • Amenities: Playground, Pool
  • Rooms: 8
  • Bedrooms: 4
  • Baths: 4 full
  • Laundry: Laundry Room
  • Year Built: 1994
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,433
  • Acreage: 0.18
  • Est. Taxes: $7,503
  • HOA Fee: $350 Annually
  • Elem. School: Waterford Elem
  • Middle School: Discovery Middle
  • High School: Timber Creek High
  • Pool: In Ground
  • Pet Policy: Yes
  • Appliances: Dishwasher, Microwave
  • MLS#: O6293732
  • Days on Market: 37 days
  • Website: https://www.raveis.com
    /prop/O6293732/542terracecoveway_orlando_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is 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. (last updated 5/13/2025 11:32:09 PM)
Listing courtesy of LA ROSA REALTY PREMIER LLC   Phone: 407-401-9076

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

542 TERRACE COVE WAY, Orlando, FL, 32828

$594,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $475,999 $475,999 $475,999
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.108% 7.063% 6.152%
Monthly Tax Payment $625 $625 $625
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,009 $3,127 $3,985
Total Monthly Payment $3,726 $3,844 $4,702

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.