Neighborhood · Montverde, Florida
Magnolia Terrace
Spacious homes on the quiet edge of Lake County
2
Homes for sale
$1,051,950
Median list price
$273
Avg price / sqft
195
Median days on market
Magnolia Terrace sits in Montverde, a small Lake County town of rolling hills and lakes where the pace is slower than the Orlando suburbs an easy drive east. Homes here run large and privately set, with a low-key feel that draws buyers wanting room to spread out without giving up access to the city. It shares the area with well-known Montverde communities like Bella Collina, Trails Of Montverde, and Vinola Gardens, and keeps its own understated character.
This is a thin, high-end market: just two homes are active right now, with a median list price of $1,051,950 stretching from $629,000 up to $1,474,900. Over the past year only four homes sold, at a median of $685,000 — and sellers who priced right got 99% of asking. With a median 195 days on market, buyers have room to negotiate, but patience cuts both ways when so little comes up for sale.
Magnolia Terrace is a community in Montverde, Florida.
Quick facts
$629,000 – $1.5M price range
3,789 sqft median home
$50/mo median HOA
4 sold in 12 months
Drive times
On the market now
Homes for sale in Magnolia Terrace
$629,000$639,000
16325 MAGNOLIA BLUFF DRIVE, MONTVERDE
4 bd · 3 ba · 2,429 sqft
$1,474,900$1,499,999
16909 FLORENCE VIEW DRIVE, MONTVERDE
6 bd · 4.5 ba · 5,148 sqft
Every active listing inside the Magnolia Terrace boundary
Open full map search →Find your fit
Browse Magnolia Terrace
By feature — on the live map
Where the market lives
The numbers that matter
The Magnolia Terrace market
4
Sold, last 12 months
$685,000
Median sold price
99%
Sale-to-list ratio
What sellers actually get vs asking
11 days
Median time to sell
Magnolia Terrace vs Montverde
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 0.7% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Magnolia Terrace boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Magnolia Terrace is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Magnolia Terrace home
≈ $6,613/mo
$1,051,950 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$50/mo
Median HOA
From current listings inside the boundary
Population
325
Median age
40
Median income
$137,700
Median home value
$582,400
Beyond the listings
Living in Magnolia Terrace
Relationships
Top 3% in the U.S.Happily Ever After
Whether it's the stress of wedding planning or looking back on that special day, this population has their eyes and hearts focused on lifelong commitment.
Lifestyles
Top 3% in the U.S.Wealth Signaling
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Beliefs
Top 6% in the U.S.Spiritual Practices
Making it to church on Sunday, this population is drawn together by their devotion to, primarily Christian, religion. Common activities include worship services and bible studies.
Food & Drink
Top 6% in the U.S.Ingredient Attentive
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
Active
Top 8% in the U.S.Yoga Advocates
Improving flexibility, strength, and overall well-being is the yogi's aim. This population is looking for the right community, instruction, and accessories.
Hobbies & Interests
Top 9% in the U.S.Green Thumb
From tiny sprouts and window plants, to flower arrangements and designing a landscape, this population has an affinity for all things green.
Straight answers
Magnolia Terrace FAQs
Is Magnolia Terrace a good place to live?+
It suits buyers who want space and quiet with Orlando still within reach — downtown is about 34 minutes and MCO around 43. Assigned schools include Grassy Lake Elementary and Lake Minneola High School. The trade-off is a small, spread-out community rather than a walkable, amenity-heavy one.
Is Magnolia Terrace expensive?+
Yes, relative to much of Lake County — the median list price is $1,051,950, with active homes ranging from $629,000 to $1,474,900. That said, actual sold prices have been lower, with a median of $685,000 over the past year. It's a high-end pocket within the broader Montverde area.
What do homes cost in Magnolia Terrace?+
Current listings sit at a median of $1,051,950 and average about $273 per square foot, on a median home size near 3,789 square feet. The four homes sold in the last 12 months closed at a median of $685,000, so there's a real gap between asking prices and recent sales.
How is the market here?+
It's slow and thin: only two homes are active and four sold in the past year, with a median 195 days on market. Sellers who priced correctly still captured 99% of asking on average, so well-priced homes hold value even when they sit a while.
What about HOA fees and property taxes?+
The median HOA is a modest $50 per month, low for this price range. Property taxes run higher, at a median of about $9,722 per year, reflecting the larger homes and elevated values in the neighborhood.
Keep exploring
More Montverde neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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