College Park is a vibrant little enclave just minutes from downtown Orlando, Florida. Called College Park for its charming residential streets, which are each named after American universities, this quaint neighborhood offers a quality of life unparalleled by other area communities. Its blend of safe, small town appeal and exciting nightlife makes the town popular among young professionals and students, as well as people from all walks of life. Its quiet parks and bustling bistros coexist in perfect harmony. The resulting effect is rare; a community that is both tranquil and lively.
Designed with pedestrians in mind, College Park’s best asset is Edgewater Drive, a row of shops, eateries, parks and businesses lining a delightful downtown area of its own. College Park is also known for being home to a little tin-roofed house where Jack Kerouac lived with his mother while writing his famous novel, On the Road.
Other historic homes, many restored and still being used for personal homes, reside proudly on Princeton Avenue. Offering residents the best of city living, single-family homes, condominiums and townhouses, and even luxury estates allow residents to live in comfort while being in close proximity to downtown. Brick-paved streets, old growth trees and some of the best area antique shops all lend to the small town atmosphere of College Park. Beautifully landscaped, strategically located, expertly designed and well maintained, this lovely, diverse community is perfect for everyone.
Much of College Park’s real estate consists of charming bungalows and turn-of-the-20th century homes along Edgewater Drive and the surrounding area. Some College Park townhouses and condominiums are available as well. Many of the neighborhood homes are authentic old houses that have been remodeled and well cared for. The character and warmth of these homes beckon those relocating all by themselves. Add to that the fact that those who live in these lovely homes can walk to boutiques and eateries, coffee shops, a library, parks and other convenient locations and you have a very sought after quality of life. Considering this, real estate prices in College Park are still quite reasonable. However, those wishing to buy a College Park home should act now because property values continue to rise at an impressive rate as people discover the qualities of this picturesque community. Median prices hover around $350,000 while townhouses and condominiums start in the $600,000s. Some sprawling downtown estates can exceed $1 million.
Orlando - College Park Real Estate Stats and Trends for the week of October 5th, 2015: homes priced around $319,790 compared to $329,238 the previous week, showing a decrease of less than -3%. For Tuesday, October 6th, the current national mortgage rate for a 30 year fixed mortgage is 3.88%; the 15 year fixed rate is at 2.84%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.37%, while the 15 year jumbo rate currently is at 3.75%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Orlando - College Park FL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Orlando - College Park to help you find the best home!