Conway FL Waterfront Homes for Sale

5 Beds ⋅ 3 Baths ⋅ Lake Margaret Manor Sec 02 SubDv. ⋅ 32806 Zip Code

RARE LAKEFRONT OPPORTUNITY IN THE HEART OF ORLANDO! Bring your vision and unlock the incredible potential of this spacious 5-bedroom, 3-bath brick home situated on approximately 0.78 acres with private frontage and beautiful views of Lake Margaret. Offering more than 4,200 square feet of living space, this fixer-upper presents an exciting opportunity for buyers, renovators, or investors looking to transform a substantial lakefront property in a highly desirable, established Orlando location. Inside, one of the home's most striking features is the impressive brick fireplace, creating a dramatic centerpiece in the family room while expansive views draw your attention toward your own private lake setting. The generous floor plan, five bedrooms, three full baths, and large homesite provide endless possibilities to renovate, redesign, and create a truly spectacular residence. MASSIVE 20X15 UPSTAIRS PRIMARY BEDROOM WITH ENSUITE that homeowners DREAM of... LOCATION, LAND & POTENTIAL! Enjoy the convenience of being just minutes from Downtown Orlando, Orlando International Airport, major hospitals, shopping, dining, entertainment, and some of Central Florida's most traveled corridors. The property is also conveniently located near Pershing K-8 and Boone High School. This home is ready for someone with imagination and vision. Whether you're searching for a renovation project, investment opportunity, or the chance to create your own lakefront dream home, properties offering this combination of size, location, acreage, water views, and potential are hard to find. Bring your contractor, bring your designer, and most importantly—bring your vision. Lake Margaret is waiting! NEW SEPTIC AND UPSTAIRS AC

3513 Marwood Drive, Orlando

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Conway FL Waterfront Homes for Sale

Conway has one or two active waterfront homes on the market at any given time, so inventory here is thin. Asking prices sit around $799,900. The typical one is about 4,234 square feet with 5 bedrooms. The list above is pulled live from the MLS, so it is current even when this write-up is not.

Conway waterfront homes at a glance

Active listings	one or two
Median list price	$799,900
Median size	4,234 sq ft
Median bedrooms	5
Median year built	1965
Median days on market	78

No HOA and optional HOA are not the same thing

Most searches lump these together. They are different to live in, and the difference is worth understanding before you rule a house in or out.

No association at all	1	No HOA, no dues, no architectural approval. You answer to the county and to any deed restrictions recorded on the plat, nothing else.
Association exists, membership optional	0	There is a community association but dues and membership are voluntary. No mandatory assessment, no enforcement arm, and usually no approval process for what you do with your own house. Many owners join for the amenities and nothing happens if you do not.

Neither one carries a mandatory assessment. That is the thing most buyers are actually trying to avoid when they search for no HOA. Deed restrictions can still exist in both cases and are recorded against the plat, so read them before you write.

Conway waterfront homes by price range

$750k-$1M	1

What to check before you write an offer

Lakefront vs canal vs riverfront vs intracoastal
Flood zone and insurance
Dock permits and seawall condition
Boatable vs non-boatable water

Want any of these verified on a specific address? Call or text 407-616-9019 and we will pull it.

Frequently asked questions

How many waterfront homes are for sale in Conway?

There are one or two active at any given time. The list on this page comes straight from the MLS and updates on its own.

What do waterfront homes cost in Conway?

Asking prices sit around $799,900.

Do waterfront homes need flood insurance?

It depends on the flood zone, not on whether the home touches water. A lender requires it in some zones and not others, and the premium varies widely. Get the elevation certificate early.

Can you show me waterfront homes in Conway?

Yes. Call or text 407-616-9019 and we will set up showings.