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Map of Magnolia Terrace
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Neighborhood · Montverde, Florida

Magnolia Terrace

Spacious estate living in the Montverde hills

2

Homes for sale

$1,064,500

Median list price

$275

Avg price / sqft

175

Median days on market

Search Magnolia Terrace on the map

Magnolia Terrace sits in the rolling hills of Montverde, in Lake County, where large lots and generous homes trade the density of Orlando's suburbs for room to breathe. It's the kind of place buyers land after touring nearby Montverde homes for sale and communities like Bella Collina, Trails Of Montverde, and Vinola Gardens — you get the country feel while staying about 34 minutes from downtown Orlando.

The market here is thin and deliberate: just 2 active listings right now, with a median list price of $1,064,500 and a range running from $629,000 up to $1,499,999. Homes are big — a median of 3,789 square feet at about $275 per square foot — and they tend to sit, with a median of 175 days on market. When they do sell, sellers have been getting 100% of asking, so there's little room to lowball.

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

Downtown Orlando34 min
Universal Orlando35 min
Orlando Int’l Airport (MCO)43 min
Walt Disney World48 min

On the market now

Homes for sale in Magnolia Terrace

Every active listing inside the Magnolia Terrace boundary

Open full map search →

Find your fit

Browse Magnolia Terrace

Where the market lives

1
1
$500K–$750K$1.0M–$2.0M

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

Magnolia Terrace$1.1M
Montverde Co.$840K

Price per sqft

Magnolia Terrace$275
Montverde Co.$366

Days on market

Magnolia Terrace175d
Montverde Co.78d

Median sold price — 3-yr, 3-mo rolling

0.7% yr/yr

$700K$762K$825KJul ’23Jun ’26

Homes sold per month

012Jul ’23Jun ’26

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

$6,679/mo

Principal & interest $5,609
Property tax $810
HOA / fees $50
Insurance (est.) $210

$1,064,500 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.

People who close here

Our Montverde experts

Straight answers

Magnolia Terrace FAQs

Is Magnolia Terrace a good place to live?+

It suits buyers who want large homes and space in the hills of Montverde while staying connected to Orlando — downtown is about 34 minutes and MCO airport roughly 43. Assigned schools include Grassy Lake Elementary, East Ridge Middle, and Lake Minneola High School. Nearby communities like Bella Collina add to the area's appeal.

Is Magnolia Terrace expensive?+

Yes, by Lake County standards it sits at the higher end, with a median list price of $1,064,500 and one active listing above $1 million. That said, entry points exist — the current range starts at $629,000, and last year's median sold price was a more moderate $699,999.

What do homes cost in Magnolia Terrace?+

Active listings run from $629,000 to $1,499,999, with a median list of $1,064,500 and pricing around $275 per square foot. Homes are large, at a median of 3,789 square feet, so you're paying for real space.

How is the market in Magnolia Terrace?+

It's a low-inventory, slow-moving market — only 2 homes are active and just 3 have sold in the past 12 months. With a median 175 days on market but sellers getting 100% of asking, it favors patient buyers negotiating on well-priced homes rather than quick flips.

What are HOA fees and property taxes like?+

The HOA is modest at a median of $50 per month, which keeps carrying costs low relative to the price point. Property taxes are the bigger line item, with a median of $9,722 per year reflecting the higher home values here.

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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