At a glance
| Location | Southeast Orlando, inside city limits, southeast of Orlando International Airport |
|---|---|
| Size | 17 square miles |
| Developer | Tavistock Development Company |
| ZIP codes | 32827 and 32824, with some Lake Nona-area homes in 32832 |
| Home types | Single-family, townhomes, condos, custom golf homes, apartments |
| Special districts | Several improvement districts and CDDs; assessments appear on the tax bill |
Lake Nona at a glance
Lake Nona is a 17-square-mile planned community inside Orlando city limits, southeast of Orlando International Airport, developed by Tavistock Development Company. Homes mainly use the 32827 and 32824 ZIP codes, with some Lake Nona-area homes in 32832. The City of Orlando splits it into four neighborhoods, and Zillow tracks each one.
Is Lake Nona a good area to live in?
Lake Nona suits buyers who want newer construction, a planned town center, trails and quick access to the airport and Lake Nona Medical City, and who are ready to pay special district assessments on top of the mortgage. It is a weaker fit if you want an older home, low annual carrying costs, or to live near downtown.
Because special district charges vary by parcel, the right comparison is the full annual cost of a specific home, not the list price.
What Lake Nona is known for
Lake Nona Medical City
Lake Nona Medical City includes the UCF College of Medicine and the University of Florida College of Pharmacy's Lake Nona campus, and Valencia College has a Lake Nona campus.
Sport and wellness facilities
Other draws include the USTA National Campus, the Lake Nona Performance Club, trails and public art.
Lake Nona Town Center and new retail
Lake Nona Town Center is the commercial core. Lake Nona West, a 405,000-square-foot shopping center anchored by Target, was announced in May 2025 with a planned spring 2026 opening; check its current status if it matters to your search.
Homes and prices across Lake Nona
| Area | What it includes | Zillow typical home value, August 2026 | 1-year change |
|---|---|---|---|
| Lake Nona Central | VillageWalk, USTA National Campus | $586,269 | -2.4% |
| Lake Nona South | Medical City, Laureate Park | $715,622 | -0.2% |
| Northlake Park at Lake Nona | Morningside, Waters Edge | $517,889 | +0.5% |
| Lake Nona Estates | Lake Nona Golf and Country Club | $2,567,074 | +2.1% |
For comparison, the whole City of Orlando was $371,120. By ZIP, 32827 was $636,884 and 32832 was $522,596. Our Orlando ZIP code guide explains which areas each ZIP covers.
New townhomes
Somerset Lakes: new three-bedroom townhomes along Lake Nona Boulevard, from the upper $300,000s, according to the developer.
Single-family and new builds
Laureate Park: single-family homes, townhomes and custom homes, from the $500,000s. See our Laureate Park guide and the Orlando new construction guide.
55+ condos
Gatherings of Lake Nona: a 55+ active adult condo community, from the $400,000s. See 55+ communities.
Gated and golf homes
Lake Nona Golf and Country Club has custom homes from the $1,600,000s. Resale-only neighborhoods the developer describes as gated include VillageWalk, Enclave at VillageWalk, Isles of Lake Nona, Laurel Pointe and Somerset Park; others include Summerdale Park, Somerset Crossings, The Preserve at Laureate Park and NorthLake Park. See Orlando gated communities.
Living in Lake Nona
Shops and dining
Lake Nona Town Center holds the main restaurants and shops, and Lake Nona West is planned to add a Target-anchored center.
Parks and trails
Trails, public art and neighborhood amenity centers are part of the plan. Ask which amenities your HOA dues include.
Schools
Lake Nona High, Lake Nona Middle, Laureate Park Elementary, Luminary Elementary and Northlake Park Community Elementary all earned an A in the state's 2025-26 grades. Lake Nona has grown quickly and boundaries shift, so confirm school assignments for any address with Orange County Public Schools.
Getting around
Lake Nona sits next to Orlando International Airport, with access from SR 417, a toll road on the Central Florida Expressway network. E-PASS saves up to 50% compared with Pay By Plate.
Costs: CDD, improvement district and HOA charges
Special district assessments
Much of Lake Nona's roads and stormwater infrastructure was built by special districts that borrowed through tax-exempt bonds and repay them through assessments on owners. They include the Boggy Creek, Myrtle Creek and Greeneway improvement districts and Poitras East CDD. The Myrtle Creek district alone covers about 1,087 acres between Boggy Creek Road and Narcoossee Road, north of SR 417. Poitras East says it collects debt service and maintenance charges on the Orange County tax bill.
Assessments differ by district, bond series and lot, so a listing's HOA figure never tells the whole story.
- Read the non-ad valorem section of the parcel's last tax bill.
- Ask the district manager whether the bond balance can be paid off, and for how much.
- Get HOA dues and any sub-association fees in writing, plus an estoppel letter before closing.
City property tax
Lake Nona is inside the City of Orlando, where the most common mill code totaled 18.0878 mills in 2025. On $600,000 of taxable value that is about $10,853 a year before special district charges. Our Orange County property tax guide covers the rest of the bill.
Flood and insurance
Check the FEMA flood zone for lots on lakes and ponds, and get an insurance quote early. Newer roofs usually help your premium.
Pros and cons of Lake Nona
Pro: newer homes at several price points
Townhomes from the upper $300,000s to custom golf homes.
Pro: next to the airport and Medical City
Short trips to MCO and the medical and university campuses.
Pro: A-rated schools by name
The schools named after Lake Nona neighborhoods earned A grades in 2025-26, though zoning is by address.
Con: special district charges
Most homes pay improvement district or CDD assessments on top of city millage.
Con: far from downtown
Downtown Orlando is a drive, usually on toll roads.
Con: ongoing construction
New phases and retail are still being built, so ask what is planned next to the home.
Common questions
How much are homes in Lake Nona?+
Zillow's typical home value in August 2026 was $517,889 in Northlake Park at Lake Nona, $586,269 in Lake Nona Central, $715,622 in Lake Nona South and $2,567,074 in Lake Nona Estates, which includes the golf and country club. New homes listed by the developer start in the upper $300,000s for townhomes and the $1,600,000s for golf club custom homes.
Is Lake Nona in the City of Orlando?+
Yes. Lake Nona is a 17-square-mile planned community inside Orlando city limits, southeast of Orlando International Airport. City of Orlando services and millage apply, along with Orange County taxes and any special district assessments. Homes mainly use the 32827 and 32824 ZIP codes, with some nearby areas in 32832, so confirm the jurisdiction for a specific address with the county property appraiser.
Do Lake Nona homes have CDD fees?+
Most do. Lake Nona infrastructure was financed through improvement districts and CDDs such as Boggy Creek, Myrtle Creek, Greeneway and Poitras East, which collect assessments on the Orange County tax bill. The amount depends on the district, bond series and lot, so check the non-ad valorem charges on the parcel's latest tax bill before you make an offer.
Are there gated or 55+ communities in Lake Nona?+
Yes. The developer describes VillageWalk, Enclave at VillageWalk, Isles of Lake Nona, Laurel Pointe and Somerset Park as gated neighborhoods. Gatherings of Lake Nona is a 55+ active adult condo community with homes listed from the $400,000s. Ask each association for its current dues, rules and amenity access before you buy.
What schools serve Lake Nona?+
Several Orange County public schools carry Lake Nona names, including Lake Nona High, Lake Nona Middle, Laureate Park Elementary, Luminary Elementary and Northlake Park Community Elementary, all rated A in Florida's 2025-26 grades. A school name does not confirm zoning, and boundaries shift as the area grows, so check the exact address with the OCPS Find My School tool.
Sources
- Wikipedia: Lake Nona, Orlando, Florida
- Lake Nona: Neighborhoods
- Lake Nona: About Lake Nona
- Lake Nona: Find your new home (Lake Nona West announcement)
- Myrtle Creek Improvement District: Public Facilities Report 2024
- Boggy Creek Improvement District: home
- Greeneway Improvement District: home
- Poitras East CDD: basic information
- Orange County Property Appraiser: 2025 Final Millage Rates
- CFX: Toll Rates
- FEMA: Flood Map Service Center
- Orange County Public Schools: Find My School
- Florida Department of Education: School Grades 2026 (Excel)
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Antonio Roberts
Antonio Roberts has spent five years helping more than 500 Florida buyers and sellers choose the right real estate agent. He is not a real estate agent himself: he researches what matters in a Florida move and connects people with licensed local agents, free of charge.
Reviewed by a licensed Florida real estate agent. Before publication, this guide was checked for accuracy by a licensed Florida real estate agent on our team. It is general information, not legal, tax or financial advice.
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