3107 LAKE MARGARET DRIVE, ORLANDO, FL, 32806
Active23 days on marketListed Jul 24, 2026MLS #O6427576
About this home
3107 LAKE MARGARET DRIVE
MAJOR PRICE IMPROVEMENT — NOW $549,000! Lakefront living on a skiable lake in one of Orlando’s most convenient locations. This 3-bedroom, 2-bath home offers 1,906 SF and sits on almost half an acre with direct frontage on Little Lake Bass. With beautiful water views, a private dock and a spacious lot, this property offers an incredible opportunity for the next owner to make it their own. Inside, the open floor plan features an updated kitchen with stainless steel appliances, granite countertops, custom built-in cabinetry in the eat-in dining area and a separate laundry area with additional storage. The kitchen flows into the living room with a wood-burning fireplace and brick feature wall. A spacious dining room overlooking the lake offers large windows, abundant natural light and beautiful water views. The primary suite also overlooks the lake and features a walk-in closet with built-in shelving and a private bath with double sinks and a tiled shower. Two additional bedrooms share an updated guest bath with a tiled tub/shower combination and granite-topped vanity. Outside, enjoy a large backyard, deck, fire pit and private dock with plenty of room to take advantage of the Florida lakefront lifestyle. Boating, skiing, paddleboarding, kayaking, fishing and sunset views are right outside your back door. Newer roof, HVAC, water heater and dock add to the home’s appeal. All of this just minutes from Downtown Orlando, SoDo and Conway. Now offered at $549,000 — an exceptional opportunity to own a lakefront home on a large lot in the heart of Orlando. Schedule your private showing today!
Facts & features
The home at a glance
3
Bedrooms
2
Bathrooms
1,905
Sqft
0.43 ac
Lot size
2
Garage
1958
Year built
One
Levels
$288
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$4,032 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$4,032/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+11.1%
$/sqft vs Orlando actives
$288 vs $249
Days on market
23 vs 42 typical
Where $288/sqft sits among the 400 Orlando actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Orlando
Drive times from this address
Estimated driving times, typical traffic. Data © OpenStreetMap contributors.
Get to know Orlando. See the full Orlando guide →
ORLANDO 32806 — neighborhood snapshot
Population
26,423
Median age
40.9
Median income
$86,653
Median home value
$415,800
Avg household
2.26
Households w/ children
2,628
For the school run
Orange County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Orlando market
$400K → $395K
Orlando median sold, yr/yr
97.0%
Sale-to-list ratio (12 mo)
214 of 400
Orlando actives have cut their price
Median sold price, Orlando, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 31% above the ORLANDO 32806 median. See the full Orlando market guide →
Paper trail
This home's history
Reality check
What actually sold near 3107 LAKE MARGARET DRIVE
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · May ’26$740,000
4512 CRICHTON LANE
4 bd · 3 ba · 1,902 sqft · $389/sqft · 123 DOM
Sold · Aug ’26$480,000
4455 YACHTMANS COURT
3 bd · 2.5 ba · 1,915 sqft · $251/sqft · 7 DOM
Sold · Aug ’25$450,000
4131 YORKETOWNE ROAD
4 bd · 2.5 ba · 1,884 sqft · $239/sqft · 191 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Kevin Johnson
CEO & Managing Broker · CENTURY 21 Edge
Tours, negotiation, and every question about 3107 LAKE MARGARET DRIVE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 3107 LAKE MARGARET DRIVE — before you fall in love.
See it in person
Schedule a tour
Live availability from Kevin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
3107 LAKE MARGARET DRIVE FAQs
What would the monthly payment be for 3107 LAKE MARGARET DRIVE?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,032/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 3107 LAKE MARGARET DRIVE?+
The most recent tax bill on record (2025) was $4,769. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Orlando?+
At $549,000, this home is listed about 42% above the Orlando median of $387,000. The market section on this page shows how the area is trending.
Which schools are assigned to 3107 LAKE MARGARET DRIVE?+
Lake Como School (elementary), William R Boone High (high), Hillcrest Elementary (elementary) — Orange County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$549,000 runs 31% above the ORLANDO 32806 median — but at 1,905 sqft it's also 20% larger than the typical Orlando listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong assigned schools
Lake Como School, William R Boone High, Hillcrest Elementary — Hillcrest Elementary rates 5 of 5. Always verify assignments with the district.
04The price has already moved
Listed at $579,000, now $549,000 — a $30K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of BLUEPRINT RE GROUP LLC · Ashlee Casserly Greenberg. MLS #O6427576.
IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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