A big, newer Lennar resort (built roughly 2016–2023) at SR-535 and Osceola Parkway — the closest large short-term-rental community to the Disney Springs / Lake Buena Vista corridor. It's really two communities in one: the Terraces and Cove sections are built for vacation rental, while Reflections is residential-only. Here's the whole picture: real costs, the CDD question nobody answers straight, and honest rental numbers.
Storey Lake is Lennar's master-planned answer to the older W192-corridor resorts: roughly 2,788 planned units of condos, townhomes, and pool homes wrapped around a lake, with two full clubhouses and a location most competitors can't match. It works differently than a single-association condo resort, though — know which section you're buying into before anything else.
At SR-535 and Osceola Parkway: about 2.5 miles to the Lake Buena Vista Factory Stores and roughly 4–5 miles to Disney property (sources differ — one local brokerage cites 4.2 mi / 10 min), with SeaWorld ≈ 9 mi and Universal ≈ 13 mi. Guests feel the difference on park mornings.
The Hideaway Club and the newer Bronson Club each have their own pool and lazy river — plus waterslides, splash pad, tiki bar, mini golf, arcade, and gyms between them — with a free shuttle connecting the clubhouses and homes.
Fishing pier, boat launch, and kayak/canoe rentals on the community's lake — genuinely rare among Kissimmee STR resorts, and strong listing-photo material.
Built by Lennar from roughly 2016 through 2023 in three phases — a decade or two newer than most W192-corridor competitors, which shows in maintenance costs, finishes, and guest reviews.
The Terraces (condos) and the Cove (townhomes & pool homes) sit in Osceola's STR overlay: no minimum stay, no rental caps reported. But Reflections is residential-only — no short-term rentals. Buying the wrong section for your plan is the most expensive mistake made here.
Resort dues include cable, internet, landscaping, trash, and access to both clubhouses. The trade-off: Storey Lake has layered associations (master plus neighborhood), so what you actually pay depends on the product — get the estoppel, not the portal estimate.
As of August 2026, Storey Lake resort dues run roughly $401–$430 a month for townhomes and single-family homes and about $500–$900 for Terraces condos, while reported CDD figures flatly conflict between sources — verify both on the specific unit before you buy.
Sources: 2026 property-manager and brokerage guides, portal listing data, and a live Aug-2026 MLS listing (Aug 2026); dues and CDD figures are third-party reported, not association-published — verify with the association and on the county tax bill. Compare these costs across all 15 corridor resorts in our Resort Cost Index.
The Hideaway Club (4715 Kings Castle Circle) is the original hub; the newer Bronson Club adds a second pool, lazy river, restaurant, and arcade. A free shuttle runs between the clubhouses and homes.
Amenity list compiled from resort and brokerage materials (2026). Reported hours: pools ≈ 9 AM–9 PM daily, tiki bar & ice cream shop 11 AM–8 PM; pools and lazy rivers reported heated year-round; kayaks $15/30 min, $20/hr — hours and heating come from a third-party resort guide, so verify with the clubhouse.
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These are the Lennar plans in the Cove — the short-term-rental townhomes and pool homes. The Terraces condos run 2–4 bedrooms and 1,126–2,435 sq ft (plan sheets not shown here), and Reflections has its own residential townhome plans.
The entry point to Cove ownership: a two-story townhome plan sized for the family bookings that drive this market.
The larger townhome plan — an extra bedroom over the Beach/Sabal Palm for bigger groups at a townhome price point.
The smallest of the Cove's single-family pool-home plans — a step up from the townhomes with a private pool.
Six bedrooms in a footprint that keeps carrying costs below the larger estate plans.
The larger six-bedroom plan, with nearly 500 more square feet than the Majesty Palm.
Seven bedrooms for the large-group niche — the segment where Kissimmee's family market concentrates.
The biggest plan in the Cove — built for reunion-sized groups and the top of the resort's revenue range.
Floor plans courtesy of Lennar via Team Donovan (tdflorida.com).
Straight talk: the only Storey Lake–specific dollar figures published anywhere come from a property manager marketing its own portfolio — and its occupancy claims run far above every independent market source. So here's both: the manager's numbers, clearly labeled, next to the independent Kissimmee-market data they should be judged against.
Sources: AirROI Kissimmee market report (TTM to Aug 2026), Rabbu and GetChalet 34746 zip data (mid-2026 snapshots), and one Storey Lake property manager's published 2026 ranges — labeled above. Note Kissimmee listing supply grew 53.7% year over year, a demand-dilution risk. Estimates only — results vary by product, plan, and management.
Market averages only tell half the story. Our free community guide includes real numbers from self-managing owners and property managers who run units inside Storey Lake.
Storey Lake sits in Osceola County, inside the county's short-term rental overlay (sources place it in unincorporated county, not Kissimmee city limits — verify the parcel). Renting short-term is fully legal in the resort sections — you just need the right registrations, and one Osceola quirk trips up more owners than anything else. Our sister company handles all of this for owners.
Every community has trade-offs. These are the ones buyers should price in — and sellers should be ready to talk about.
Realtor and manager guides put a CDD assessment of ≈ $1,428/yr (townhomes) to ≈ $2,282/yr (single-family) on Storey Lake tax bills — yet no official “Storey Lake CDD” district turns up in state or county records, a live 2026 Cove listing shows “CDD: none on record,” and Reflections is marketed as having no CDD. Until you've pulled the actual parcel's Osceola tax bill and read the non-ad-valorem lines, treat every CDD figure you see as unverified.
Master association plus neighborhood association, different products, different phases: that's why one portal says $191/mo and another says $920/mo for “Storey Lake HOA.” Both can be quoting one true layer of a bigger stack. The only number that matters is the estoppel on your specific unit — request it (and the budget) from ICON Management before your inspection period ends.
Mid-2026: community median ≈ $430K, down 11.2% year over year; days on market up from 65 to 99; roughly 225 active listings across products; and Kissimmee STR listing supply up 53.7% in a year. Buyers have leverage right now. Sellers need sharp pricing and real rental numbers — not 2022 comps.
The 77–83% occupancy you'll see in Storey Lake marketing comes from one manager describing its own portfolio. Independent data puts the surrounding market at 45–55%. Same-model homes here reportedly range from $40K to $90K+ in annual gross — management and listing quality are the swing factors. Underwrite at market occupancy and let outperformance be upside.
The pools and lazy rivers that sell the resort also strain under it: guest reviews repeatedly cite unusable crowding, chair scarcity, tube shortages, and cleanliness complaints at peak periods. With ≈ 2,788 planned units sharing two clubhouses, set guest expectations honestly in your listing — it protects your reviews.
No street parking anywhere — driveway and garage only, with ticketing and towing actively enforced, and guest complaints about double-parking, scanner problems at the gate, and security that reviewers say is easily bypassed. Register every driving guest, spell out the parking limit in your listing, and don't market the gate as airtight security.
Compiled from guest reviews, public records and listings, 2026 market reports, and our team's experience operating in this corridor. Always verify current association budgets and disclosures during your inspection period — we can help you request them.
The Lennar site plan shows the split at a glance: resort (short-term rental) neighborhoods on one side of the plan, primary-residence neighborhoods on the other, wrapped around the lake. The Hideaway Club sits at 4715 Kings Castle Circle, with the main entrance off SR-535 / Osceola Parkway.
Community map courtesy of Lennar via Bardell Real Estate. The site plan shown reflects 2,013 platted homes (1,071 resort / 942 primary); other sources count ≈ 2,788 total planned units including condos.
Buying, not selling?
This guide covers what Storey Lake is — the amenities, the floor plans, what it is like inside the gates. If what you need is whether the purchase works, John keeps a buyer’s breakdown on his agent site: HOA and CDD with their sources, the leasing rule, what to verify before you offer, and the calculator preloaded with this community’s figures.
See the Storey Lake buyer’s breakdown →johnandrewhomes.com · Johnathon Candelario, Preferred SHORE
Whether you're buying your first vacation home or deciding if it's time to sell, talk to a team that actually operates short-term rentals in this corridor every week.
For additional information regarding purchasing a home or condo at Storey Lake Resort, contact John at 407-750-2434 or contact us here.
If you own a property at Storey Lake Resort and are considering selling or have questions about the sales process, contact us here to find out how your property would benefit as a featured listing.
Must-have information for owners and prospective owners — HOA details by section, the CDD verification checklist, real rental projections and historicals from owners and managers in the community, and what to check before you buy.
Tell us how to reach you and we'll send the current list of available Storey Lake condos, townhomes, and pool homes — plus honest guidance on which sections allow short-term rental and which plans rent best.
We'll walk you through what your property is worth today, how a featured listing works, and your options — including an offer from our investor network if you want speed.
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