224 Valencia Ridge DriveNew Construction Home in Auburndale, FL
Auburndale, FL 33823 · Polk County
$699,000
$725,000
$276/sq ft
Photos of 224 Valencia Ridge Drive
1 / 30Who is building this home?
This home is listed as built by Banna Homes. Builder quality, warranty responsiveness, and willingness to fix punch-list items vary enormously between companies in Tampa Bay.
Compare Tampa Bay builder scorecards →About this home
Looking to move to the greater Orlando or Tampa area without the metro price tag? Located in Auburndale’s premier gated community of Water Ridge, this brand-new 2024 custom-built, multi-generational lake-view home delivers luxury living and effortless I-4 corridor access to Orlando theme parks, medical hubs, and downtown centers. Offering 4 bedrooms, 3 bathrooms, and 2,533 sq. ft. of pristine, never-lived-in living space, this home features a dedicated Next-Gen / In-Law Suite complete with its own private exterior entrance and full en-suite bathroom—ideal for extended family, guests, or a private home office. Inside, an expansive open-concept layout is paved with sleek porcelain tile flooring and framed by large, energy-efficient insulated windows. The chef’s kitchen is equipped with premium GE Profile stainless steel appliances, custom cabinetry, and an oversized entertainer's island with built-in storage. Three-panel sliding glass doors open directly to a screened lanai with pre-wired outdoor kitchen connections, framing views of peaceful Lake Medora. The primary owner's retreat features panoramic water views, a custom walk-in closet, and a spa-inspired bath with dual vanities and premium finishes. Custom stem-wall foundation and insulated garage with finished walls, A.O. Smith hybrid heat pump water heater for peak energy savings and Low-E insulated impact/energy-rated windows. Situated between three pristine lakes (Lake Medora, Lake Van, and Lake Alfred), residents enjoy: 24-hour gated security, Luxury clubhouse, state-of-the-art fitness center, with dry heat saunas, 3 resort-style pools (including a heated lap pool), Lighted tennis, pickleball & basketball courts, Private community boat ramps, boat storage, and fishing piers. Positioned just minutes off the I-4 corridor for commutes to Lakeland, Tampa, and Orlando attractions. Experience Florida waterfront living with resort perks—schedule your private tour today!
Home details and costs
- MLS number
- L4960032
- Property type
- Single Family Residence
- Build stage
- Move-In Ready
- Builder
- Banna Homes
- Heated square feet
- 2,533 sq ft
- Total under roof
- 3,400 sq ft
- Stories
- 1 Story
- Lot size
- 0.21 acres
- Subdivision
- Water Ridge Sub
- HOA fee
- $1,050
- Annual property tax
- $7,112 (current assessment)
- Days on market
- 215 days
Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds
What would this home actually cost per month?
Pre-filled with this listing's price and HOA. Adjust anything to match your situation.
Estimated monthly payment
$5,654
$69,900 down (10%) on a $629,100 loan
- Principal and interest
- $3,976
- Property tax (estimated)
- $974
- Homeowners insurance
- $267
- HOA
- $175
- PMI (under 20% down)
- $262
CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.
Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.
Get the real numbers on this homeWhat is negotiable on this home?
This listing shows real leverage signals. Here is what its own numbers say.
On the market 215 daysStrong signal
Past six months on a finished home means the builder has been carrying taxes, insurance, and interest on it the whole time. That cost is real and it is why concessions get easier the longer a home sits.
Reduced $26,000 (4%)Worth knowing
Originally listed at $725,000. A builder that has already cut once has acknowledged the first number did not work. That is a different conversation than one who has never moved.
Finished and standingWorth knowing
A completed home with a Certificate of Occupancy is inventory, not a future sale. Builders treat standing inventory very differently from a lot they have not broken ground on.
Where builders actually give
Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.
Assigned schools
- Elementary
- Walter Caldwell Elem
- Middle
- Stambaugh Middle
- High
- Auburndale High School
School assignments come from the MLS and change. Confirm directly with the district before relying on them.
Virtual tour
View the virtual tour for 224 Valencia Ridge Drive→Other new construction homes in Auburndale
Listed by Coldwell Banker Realty. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 224 Valencia Ridge Drive, Auburndale, FL 33823 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.