Neighborhood · Winter Park, Florida
Lake Knowles Terrace
Quiet lakeside living minutes from downtown Winter Park
5
Homes for sale
$1,465,000
Median list price
$524
Avg price / sqft
51
Median days on market
Lake Knowles Terrace is a small, established pocket of Winter Park homes for sale where mature tree canopy and calm streets sit within easy reach of the city's shops, brick lanes and lakes. It's the kind of neighborhood where you can walk the dog past well-kept homes, then be at dinner near Hannibal Square in minutes. Nearby communities like Lake Killarney and Kenilworth share the same unhurried, close-to-everything character, and downtown Orlando is only about 26 minutes away.
For buyers, this is a genuine luxury market that moves fast. The four active listings run from $1,040,000 to $2,549,000 with a median list price of $1,622,500, and homes here are trading quickly — a median of 16 days on market and sellers collecting about 98% of asking. If you're shopping this neighborhood, expect competition and come prepared to act.
Lake Knowles Terrace is a community in Winter Park, Florida.
Quick facts
$1,040,000 – $2.5M price range
2,916 sqft median home
11 sold in 12 months
Drive times
On the market now
Homes for sale in Lake Knowles Terrace
$2,549,000
1823 SUNSET DRIVE, WINTER PARK
5 bd · 4.5 ba · 3,479 sqft
$1,150,000
1351 ONECO AVENUE, WINTER PARK
4 bd · 3 ba · 2,474 sqft
$1,695,000$1,750,000
1420 MAGNOLIA AVENUE, WINTER PARK
4 bd · 3.5 ba · 3,174 sqft
$1,465,000$1,495,000
1581 MAGNOLIA AVE, WINTER PARK
4 bd · 4 ba · 2,756 sqft
$1,040,000$1,070,000
1611 CHESTNUT AVENUE, WINTER PARK
4 bd · 4 ba · 2,916 sqft
Every active listing inside the Lake Knowles Terrace boundary
Open full map search →Find your fit
Browse Lake Knowles Terrace
By feature — on the live map
Where the market lives
The numbers that matter
The Lake Knowles Terrace market
11
Sold, last 12 months
$1,150,000
Median sold price
98%
Sale-to-list ratio
What sellers actually get vs asking
20 days
Median time to sell
Lake Knowles Terrace vs Winter Park
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 1.5% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Lake Knowles Terrace boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Lake Knowles Terrace is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Lake Knowles Terrace home
≈ $8,739/mo
$1,465,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
Population
1,017
Median age
49
Median income
$193,750
Median home value
$808,200
Beyond the listings
Living in Lake Knowles Terrace
Pieces of History
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
Appearance oriented
Top 22% in the U.S.Fitness Fashion
Workout clothes aren't just for working out anymore. This population enjoys wearing name-brand athletic apparel for fashion and functional purposes.
Hobbies & Interests
Green Thumb
From tiny sprouts and window plants, to flower arrangements and designing a landscape, this population has an affinity for all things green.
Active
Fitness Obsession
Passionate about strength training, this population relies heavily on the encouragement of the exercise community. While these people seek the latest fitness techniques, they're also interested in supplements and equipment.
Food & Drink
Trendy Eats
Meals are a social experience, and these foodies take it to the next level. This population can't wait to snap a pic of their plate and share it before chowing down.
Food & Drink
Sweet Treats
This population has a sweet tooth, and they're looking for treats to satisfy their sugar craving, including candy, cupcakes and flavorful toppings.
People who close here
Our Winter Park experts
Straight answers
Lake Knowles Terrace FAQs
Is Lake Knowles Terrace a good place to live?+
It's a quiet, established Winter Park neighborhood with mature streets and quick access to Park Avenue, downtown Orlando (about 26 minutes) and Orlando International Airport (about 37 minutes). Homes are assigned to Lakemont Elementary, Maitland Middle and Winter Park High, which adds to its appeal for families. Neighboring areas like Winter Park Pines share the same convenient, low-key feel.
Is Lake Knowles Terrace expensive?+
Yes — this is a luxury market where every active listing is priced above $1 million. The median list price is $1,622,500, with homes ranging from $1,040,000 to $2,549,000, and the average price works out to about $546 per square foot.
What do homes cost in Lake Knowles Terrace?+
Over the past 12 months, 12 homes sold at a median price of $1,122,500, while current asking prices sit higher with a median list of $1,622,500. Expect a median home size around 3,045 square feet, and note that a few current listings include pools or new construction.
How is the market in Lake Knowles Terrace?+
It's an active, fast-moving market: the median time on market is just 16 days and sellers are getting about 98% of their asking price. With only four homes available at any given time, buyers should be ready to move quickly when the right one appears in this or nearby Kenilworth.
What about HOA fees and property taxes?+
There's no consistent HOA figure reported for the neighborhood, so most homes here are not tied to mandatory association dues. Property taxes run a median of about $9,223 per year, in line with homes at this price point.
Keep exploring
More Winter Park 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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