Waterford is planned community located behind Waterford Village Shoppes in Leland. The community consists of 19 smaller neighborhoods, comprised of town homes and single family homes. Each smaller neighborhood is protected by a privacy gate, and all neighborhoods are connected by a series of paths, bridges and streets. The neighborhood is home to Osprey Lake and contains a network of waterways and canals that residents may canoe and kayak on. Waterford residents enjoy access to a man-made beach, swimming pool, club house, golf course,lighted tennis courts, playground and fitness center. In 2020 a total of 74 homes sold in Waterford with a median price of $340,000.