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Map of Terrace Ridge
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Neighborhood · Davenport, Florida

Terrace Ridge

Gated condo living minutes from the parks

9

Homes for sale

$209,900

Median list price

$148

Avg price / sqft

115

Median days on market

Search Terrace Ridge on the map

Terrace Ridge is a gated community in Davenport built for the buyer who wants low-maintenance living close to the theme parks without paying resort prices. Most of the homes here sit behind a controlled entrance, and the neighborhood keeps things simple with condo-style layouts around the 1,500-square-foot mark. With Walt Disney World about 26 minutes away and Orlando International Airport roughly 37 minutes out, it's an easy base for both full-time residents and part-time owners who split their year between here and elsewhere.

The market today is patient rather than frantic — nine homes are active, with a median list price of $209,900 and a range from $175,000 to $255,000. Homes are taking a while to trade, with a median of 115 days on market, so buyers have room to negotiate; sellers over the past year netted about 96% of asking. If Terrace Ridge doesn't fit, the wider selection of Davenport homes for sale includes resort-style options like Champions Gate, Windsor Island, and Solterra Resort.

Terrace Ridge is a community in Davenport, Florida.

Quick facts

$175,000$255K price range

1,542 sqft median home

$670/mo median HOA

$2,300/mo median rent

8 sold in 12 months

Drive times

Walt Disney World26 min
Orlando Int’l Airport (MCO)37 min
Universal Orlando40 min
Downtown Orlando44 min

On the market now

Homes for sale in Terrace Ridge

Every active listing inside the Terrace Ridge boundary

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Find your fit

Browse Terrace Ridge

By feature — on the live map

Where the market lives

4
5
<$200K$200K–$300K

The numbers that matter

The Terrace Ridge market

8

Sold, last 12 months

$191,250

Median sold price

96%

Sale-to-list ratio

What sellers actually get vs asking

112 days

Median time to sell

Terrace Ridge vs Davenport

Median list price

Terrace Ridge$210K
Davenport Co.$389K

Price per sqft

Terrace Ridge$148
Davenport Co.$196

Days on market

Terrace Ridge115d
Davenport Co.42d

Live Stellar MLS data — every listing and closed sale inside the Terrace Ridge boundary. Rolling medians smooth single-month swings in small communities.

What it really costs

Owning here

Owning the median Terrace Ridge home

$2,190/mo

Principal & interest $1,106
Property tax $204
HOA / fees $670
Insurance (est.) $210

$209,900 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

$670/mo

Median HOA

From current listings inside the boundary

$2,300/mo

Median rent

Homes for rent inside the boundary

On the calendar

Near Terrace Ridge

Jul

13

Mon

Sunset Saturday Artisan Market

Visitors will revel in the lively Sunset Saturday Artisan Market, teeming with local crafters and unique vendors from Central Florida. Event-goers can enjoy rhythm-filled…

Jul

13

Mon

Sunset Craft, Food, and Drink Market

This market is a bubbling hub of creativity with over 20 artisan vendors from across Florida. Attendees can indulge in hand-crafted food and beverages while dancing to th…

Jul

13

Mon

Dockside Dueling Pianos

Tap your toes during this electrifying evening of musical entertainment. Watch as talented pianists engage in a friendly yet fierce battle of skills, taking song requests…

Jul

13

Mon

Promenade Racing Car and Truck Show

The Promenade Racing Car and Truck event is a thrilling spectacle where car enthusiasts can marvel at an array of various makes and models you won't often find elsewhere…

Jul

13

Mon

Walt Disney World Park Meetup

The Orlando Social Network (OSN) is a vibrant community that facilitates adults in meeting, connecting, and building friendships through a variety of fun events, includin…

Jul

13

Mon

Promenade Second Sunday Car and Truck Show

The Second Sunday Car and Truck Show is a monthly gathering of classic to modern vehicles of all makes and models, complete with a DJ spinning a mix of classic rock and t…

People who close here

Our Davenport experts

Straight answers

Terrace Ridge FAQs

Is Terrace Ridge a good place to live?+

It suits buyers who want a gated, low-maintenance community with quick access to Central Florida's attractions — Disney is about 26 minutes out and MCO airport around 37. Seven of the current listings are gated, which appeals to both full-time residents and owners who travel. The trade-off is a quieter, condo-style setting rather than a resort with heavy amenities.

Is Terrace Ridge expensive?+

Compared to Davenport's resort communities, it's on the affordable side, with a median list price of $209,900 and homes ranging from $175,000 to $255,000. The average price works out to about $148 per square foot for homes near 1,542 square feet. Buyers wanting more amenities can compare against Highlands Reserve and other nearby options.

What do homes cost in Terrace Ridge?+

Active listings run from $175,000 to $255,000 with a median of $209,900, and homes sold over the past year closed at a median of $191,250. That sold figure below the current list median suggests sellers are meeting buyers partway on price.

How is the market right now?+

There are nine active listings and eight homes sold in the past 12 months, so it's a smaller, slower-moving market with a 115-day median time on market. Sellers averaged about 96% of asking, which means well-prepared buyers have real negotiating room.

What about HOA fees and taxes?+

The median HOA here is about $670 a month, which typically reflects the gated setup and shared community maintenance, so factor that into your monthly budget. Property taxes run around $2,449 a year at the median. Always confirm exactly what the HOA covers on any specific unit before you write an offer.

Keep exploring

More Davenport neighborhoods

Neighborhood boundary by edgeAI; listings matched to the polygon. 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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