Neighborhood · Montverde, Florida
Magnolia Terrace
Big lots and quiet living near Orlando
1
Homes for sale
$1,474,900
Median list price
$286
Avg price / sqft
306
Median days on market
Magnolia Terrace sits in the rolling countryside of Montverde in Lake County, where homes come with real acreage and the pace slows down without cutting you off from the city. This is horse-country calm rather than subdivision density, and it's the kind of pocket that draws buyers who want space to breathe while staying inside easy reach of the metro. You're roughly 34 minutes from downtown Orlando and about 48 to Walt Disney World, so weekend plans and daily commutes both stay manageable. Nearby communities like Bella Collina, the Trails Of Montverde, and Vinola Gardens give the area its mix of gated luxury and established neighborhoods.
For a buyer today, this is a thin, high-end market where inventory is scarce and homes are substantial. The single active listing is priced at $1,474,900 for a large property, while the four homes that sold over the past year closed at a median of $694,500 — a reminder that pricing here swings widely with lot size and finishes. Sellers have been getting about 98% of asking, but time on market runs long, so patience and a sharp offer both matter. Browse the wider inventory of Montverde homes for sale to put any single listing in context.
Magnolia Terrace is a community in Montverde, Florida.
Quick facts
$1,474,900 – $1.5M price range
5,148 sqft median home
$50/mo median HOA
4 sold in 12 months
Drive times
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
By feature — on the live map
The numbers that matter
The Magnolia Terrace market
4
Sold, last 12 months
$694,500
Median sold price
98%
Sale-to-list ratio
What sellers actually get vs asking
16 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
▼ 5.0% 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
≈ $9,230/mo
$1,474,900 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 space, quiet, and a countryside feel while staying within reach of Orlando — downtown is about 34 minutes and MCO airport roughly 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 one, so it rewards people who value privacy over density.
Is Magnolia Terrace expensive?+
It leans toward the higher end of the Montverde market, with the current active listing priced at $1,474,900 and every active property sitting above $1 million. That said, the four homes sold in the past year closed at a median of $694,500, so actual transaction prices depend heavily on the specific property and lot.
What do homes cost in Magnolia Terrace?+
The lone active listing is $1,474,900 for a home of about 5,148 square feet, working out to roughly $286 per square foot. Over the last 12 months the median sold price was $694,500, which shows how much pricing varies by size and features across the Montverde area.
How is the market in Magnolia Terrace?+
It's a low-volume market — just four sales in the past year and a single home currently active. Sellers have averaged 98% of asking, but the median 306 days on market tells you these properties take time to move, so buyers have room to negotiate on the right listing.
What are the HOA fees and property taxes like?+
HOA dues here are modest at a median of about $50 per month. Property taxes run higher, with a median around $14,382 per year, reflecting the larger, higher-value homes typical of 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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