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2002 WATER KEY DRIVE

House Active With Contract
$1,299,000

BTC: 20.61904762

ETH: 743.98625430

3 days
5 bds
5 ba
3,695 sqft

Overview

Under contract-accepting backup offers. One or more photo(s) has been virtually staged. Set behind the gates of Reserve at Waterford Pointe, this exceptional 5-bedroom, 5-bathroom estate spans 3,695 square feet on more than half an acre of beautifully manicured grounds, delivering refined everyday living in one of Central Florida's most sought-after lakeside communities. Framed by freshly updated landscaping and mature greenery, the residence commands attention with its stately presence, expansive lot, and genuine sense of privacy. Recent upgrades elevate both comfort and longevity, including a new HVAC system, new water heater, fresh carpet in the main living areas, and tile flooring throughout the primary rooms. A grand entry introduces spectacular formal living and dining spaces designed to elevate both intimate gatherings and large-scale entertaining. At the heart of the home, the chef's kitchen is thoughtfully designed with a large center island, bar seating, stainless steel appliances, abundant cabinetry, and an open-concept layout that flows effortlessly into the main living areas. Overlooking the kitchen, the family room feels both warm and dramatic, anchored by a striking floor-to-ceiling stone feature wall with a gas fireplace that creates an inviting focal point. Privately positioned, the primary suite serves as a luxurious retreat with direct access to the outdoor living spaces. Spacious and serene, it is complemented by a spa-inspired bath with dual vanities, a soaking tub, walk-in shower, and an oversized walk-in closet designed for both comfort and functionality. Upstairs, a generous bonus room doubles as a private movie theatre with a wet bar, offering an ideal space for entertaining, relaxing, or hosting guests in a setting that feels distinctly elevated. Beyond the interiors, the home opens into a private outdoor oasis featuring a sprawling screened lanai, sparkling pool and spa, and a fully equipped summer kitchen with grill and bar seating. The expansive backyard delivers exceptional space and privacy, framed by lush mature landscaping that creates a tranquil, secluded atmosphere. Residents of The Reserve at Waterford Pointe enjoy an exclusive lifestyle with access to private community amenities, including a boat ramp to Lake Roberts, tennis courts, a playground, and beautifully maintained park spaces. Ideally positioned just minutes from Disney, Universal Orlando, SR 429, the Florida Turnpike, and some of Central Florida's finest shopping and dining destinations, this remarkable residence offers a rare combination of luxury, privacy, and convenience.

Location

Details

Type:
Residential
Parking:
Circular Driveway / Driveway / Garage Faces Side / Oversized / Parking Pad
Year Built:
2002
Lot:
0.61 Acres
Heating:
Central
Price/sqft:
$352
Cooling:
Central Air
HOA:
$335

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,037,500
$747K – $1.3M
Confidence Low
List vs. estimate
$261K above estimate
List $1,299,000 · +25.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$351
-15.8% vs. city median $417
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$16,085
2025
HOA
$335/mo
24-Hour Guard
Pool
In Ground
Garage
3 car garage
Pets
Breed Restrictions
All facts and features
  • Flooring

    • Carpet

    • Ceramic Tile

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Cathedral Ceiling(s)

    • Ceiling Fan(s)

    • Crown Molding

    • Eating Space In Kitchen

    • Open Floorplan

    • Primary Bedroom Main Floor

    • PrimaryBedroom Upstairs

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Walk-In Closet(s)

    • Wet Bar

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Full bathrooms: 5

  • Parking

    • Circular Driveway

    • Driveway

    • Garage Faces Side

    • Oversized

    • Parking Pad

    Property

    • Levels: Two

    • Pool Private: Yes

    • Exterior Features: Irrigation System / Lighting / Outdoor Grill / Private Mailbox / Private Yard / Rain Gutters / Sliding Doors

    Lot

    • Lot: 0.61 Acres

    Other Property Information

    • Parcel Number: 012327764300470

    • Zoning: R-CE-C

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA: $335

    • HOA Frequency: Monthly

    • Annual tax amount: $16,085

  • Source details

    • MLS ID: O6408915

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Fireplace Features: Gas / Living Room / Stone

    • Laundry Features: Laundry Room

    • Pool Features: In Ground / Screen Enclosure

    • Direction Faces: East

    • Fireplace: Yes

    • Water Body Name: LAKE ROBERTS

    • Garage Spaces: 3

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 3695

    • Water Source: Public

    • Subdivision Name: RESERVE AT WATERFORD POINTE PH 01

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ONE LUXURY INTERNATIONAL LLC