The Terraces Homes for Sale

About The Terraces Neighborhood

The Terraces sits in the central core of Celebration, occupying a position less than a half-mile from the Market Street commercial district and the Lake Rianhard waterfront. Built during the early phases of Celebration's development, the community is part of the original master-planned vision realized by the Celebration Company in the mid-1990s and refined through the early 2000s. The architecture follows Celebration's signature New Urbanist guidelines — pitched roofs, deep eaves, traditional porches, and street-facing entries that prioritize pedestrian life over the automobile.

Residents of The Terraces own condominiums rather than detached homes, which makes the neighborhood a logical choice for buyers who want Celebration's lifestyle without the maintenance load of a single-family property. Unit sizes typically run from one-bedroom layouts in the 700–900 square-foot range up to two- and three-bedroom plans approaching 1,500 square feet, with floor plans designed to maximize natural light and exterior balconies. The community's central location places residents within roughly five minutes on foot to the lakeside boardwalk, the Columbia Restaurant, and the boutique storefronts that line Market Street.

Connectivity to the rest of Celebration is straightforward — The Terraces is bordered by the village trail system, with paved paths linking residents to neighboring village pools, parks, and the broader 26+ mile community trail network. The condominium product mix tends to attract a wide demographic: young professionals working in Greater Orlando, second-home owners drawn by Disney proximity, and downsizing buyers who want walkability without sacrificing the design quality that defines Celebration.

The Terraces Location & Connections

The Terraces is centrally positioned within Celebration, on the south side of Celebration Avenue, the spine road that connects every village to the downtown core. The community shares immediate borders with multiple Celebration villages and sits within a short walk of conservation buffers, the village school campus, and the community's anchor public spaces.

The Terraces Amenities & Lifestyle

Lifestyle at The Terraces is built around walkability. Residents step out their front door and reach Market Street, the Lake Rianhard boardwalk, and the village trail network without ever crossing a major road. The community's location places it within the central pedestrian zone of Celebration — the part of the master plan where everything was designed to be reachable on foot.

Beyond the immediate neighborhood, residents have access to the full inventory of Celebration village amenities: community pools across the surrounding villages, Lakeside Park, Spring Park, the Celebration Golf Club in North Village, and the network of conservation buffers, wetland-adjacent trails, and pocket parks that define the community's outdoor character.

How The Terraces Compares

The Terraces sits in a specific niche of the Celebration condo market: walkable to downtown, original master-plan vintage, lower price point per square foot than the premium condo product, and lifestyle-driven rather than amenity-resort focused. The table below positions it against two of the closest condo alternatives within Celebration.

The Terraces HOA & CDD Information

The Terraces is governed by a condominium association responsible for building exteriors, common-area landscaping, grounds maintenance, and the master-association obligations that flow up to the broader Celebration Residential Owners Association. As with all Celebration neighborhoods, residents are subject to both their immediate condominium association rules and the community-wide architectural and use covenants administered at the master level.

Celebration as a whole was historically structured outside of a formal Community Development District for the residential master plan. CDD status for individual condominium parcels can vary, so verification through Osceola County records is recommended before a purchase decision.

Frequently Asked Questions