Under contract-accepting backup offers. Virtually Staged. A rare opportunity to own an Orlando lakefront home on an oversized 0.35-acre lot overlooking beautiful Lake Gandy with no HOA. This inviting 3-bedroom, 2-bath home with a versatile bonus room offers the perfect balance of peaceful waterfront living and everyday convenience. Spend your evenings relaxing in the heated spa, fishing from your own backyard, tending to the raised garden beds, or enjoying breathtaking sunsets from the expansive screened lanai. Inside, natural light fills the thoughtfully designed living spaces, while the spacious eat-in kitchen features abundant cabinetry, a built-in pantry, a water filtration system, generous workspace, and a picturesque window overlooking the lake. The primary suite offers an updated walk-in shower, dual sink vanity, and a linen closet. Two additional large bedrooms and a flexible bonus room with private rear access provide versatility for guests, a home office, hobbies, or additional living space. The oversized two-car garage offers exceptional storage and workspace, while the expansive fenced backyard with double-gate access provides flexible outdoor space for gardening, recreation, entertaining, and making it your own. Ideally located in the sidewalk-lined Magnolia Village community between College Park and Maitland, this home offers convenient access to Downtown Orlando, Winter Park, Altamonte Springs, Lake Mary, SR-414, I-4, and SR-429, while remaining tucked away in a peaceful lakeside setting near Lake Lotus Park. Whether you're searching for a waterfront retreat, extra outdoor space, or the freedom of no HOA, 8212 Gandy Way is ready to welcome you home. Schedule your private showing today!