Homes for sale · Tampa, FloridaLake Magdalene
Lakeside living minutes from Downtown Tampa
116
Homes for sale
$394,500
Median list price
$260
Avg price / sqft
64
Median days on market
Lake Magdalene wraps around its namesake lake in Tampa's northern reaches, a settled residential pocket where mature oaks shade ranch homes and a handful of waterfront lots line the water. It's a practical, low-drama part of Tampa — close enough to the city for an easy commute, far enough to feel like a quiet neighborhood with room to breathe. Buyers here tend to be families and move-up owners who want space and a lake without paying for a brand-new master-planned address like Tampa Palms or Westchase.
The market reflects that middle ground. With 116 active listings and a median list price of $394,500, there's real range — from entry-level condos near $90,000 to lakefront estates past $1 million. Homes sold over the past year closed at a median of $440,000 and sellers collected about 97% of asking, so pricing is firm but negotiable, and a median 63.5 days on market gives buyers time to think rather than panic-bid.
Lake Magdalene is a community in Tampa, Florida.
Quick facts
$89,975 – $6.0M price range
1,528 sqft median home
$424/mo median HOA
$2,075/mo median rent
349 sold in 12 months
Drive times
Living in Lake Magdalene
Lake Magdalene is a residential neighborhood in northern Tampa built around the lake that gives it its name. It's an established area of mature trees, ranch and two-story homes, and a mix of housing types that have accumulated over decades rather than arriving all at once. The feel is quiet and lived-in — this is a place where neighbors have been around a while and the streets aren't lined with sales trailers.
The neighborhood suits buyers who value location and space over newness. Families appreciate the room and the reasonable distance to schools and city jobs, while move-up buyers are drawn to the lakefront lots and pool homes. Commuters benefit from being roughly 22 minutes from Downtown Tampa and about 30 from Tampa International Airport.
Because the housing stock spans a wide range — from modest condos to lakefront estates — Lake Magdalene tends to attract a broad mix of residents. It's less of a single-profile community and more of a classic Tampa neighborhood where budgets and lifestyles overlap. That variety is part of its appeal for buyers who want options without leaving a familiar area.
Neighborhoods and communities in Lake Magdalene
Lake Magdalene itself is a collection of smaller subdivisions and streets rather than one gated development, which is why the market data shows both HOA and non-HOA homes. Of the current active listings, 27 are in gated communities and 15 are waterfront, so you'll find everything from open neighborhood streets to more controlled-access enclaves within the broader area.
Buyers comparing Lake Magdalene often look at nearby Tampa communities to understand the trade-offs. Carrollwood sits just to the south and shares a similar established, family-oriented character. For something more master-planned and newer, Westchase to the west and Tampa Palms and Hunters Green to the northeast offer newer construction and amenity-rich layouts.
Seminole Heights, closer to the city, is another point of comparison for buyers who want a more urban, historic-bungalow feel. Weighing these neighborhoods against Lake Magdalene usually comes down to how much you value a lake and established streets versus newer homes or a shorter hop to downtown's dining and nightlife.
Homes for sale in Lake Magdalene: prices and housing
There are 116 active listings in Lake Magdalene, with a median list price of $394,500 and an average of $261 per square foot. The median home measures about 1,536 square feet, which reflects the neighborhood's base of single-family ranch and mid-size homes. The price range is unusually wide for a single neighborhood — from $89,975 at the condo end up to $6,000,000 for the top waterfront estates.
The segment mix tells the story of a varied market: 33 homes have pools, 15 are waterfront, 27 are in gated communities, and 18 are priced above $1 million. There is almost no new construction — just 4 active new-build listings — and no golf or 55+ product in the current inventory. Buyers who want a brand-new home will have thin pickings here and may need to broaden their search.
On fundamentals, 350 homes sold over the past 12 months at a median price of $440,000, with sellers averaging about 97% of asking and a median 63.5 days on market. The median HOA runs about $424 per month where one applies, though many single-family homes carry none, and the median annual property tax is roughly $3,775. Median rent sits around $2,075 per month, a useful benchmark for investors weighing the numbers.
Schools in Lake Magdalene
Lake Magdalene is served by Hillsborough County Public Schools, and the most commonly assigned schools in the area include Gaither High School and Buchanan Middle School. At the elementary level, assignments in parts of the area include USF/Patel Partnership Elementary School and the Patricia Sullivan Metropolitan Ministries Partnership School.
Because a large neighborhood like this can cross more than one attendance zone, the exact assigned schools can differ from one street to the next. Partnership and magnet programs in particular may follow different enrollment rules than standard neighborhood schools.
The practical step for any buyer is to verify the specific zoning for a given address directly with the school district before making an offer. Don't rely on a listing's school section alone — confirm it, especially if a particular school is central to your decision.
Getting around Lake Magdalene
Lake Magdalene's northern Tampa location puts it within a reasonable drive of the region's main destinations. Downtown Tampa is about 22 minutes away by car, and Tampa International Airport is roughly 30 minutes, which makes the neighborhood workable for both daily commuters and frequent travelers.
Like most of the Tampa Bay area, Lake Magdalene is car-oriented, and residents rely on the region's major north-south and east-west corridors to reach jobs, shopping and the airport. Having the airport within half an hour is a genuine convenience for anyone who travels for work.
Buyers should plan around rush-hour patterns on Tampa's main arteries, as drive times can stretch during peak periods. For day-to-day errands, the neighborhood's established setting means retail and services are close at hand throughout northern Tampa.
Is Lake Magdalene a good place to live?
For buyers who want an established Tampa neighborhood with a lake, mature trees and a short commute, Lake Magdalene delivers. The median sold price of $440,000 and the wide range of inventory — condos under $100,000 up to waterfront estates — mean there's genuinely something at several budget levels. A median 63.5 days on market and sellers getting about 97% of asking describe a balanced market where buyers still have room to negotiate.
The trade-offs are honest ones. New construction is scarce, with just 4 active listings, so anyone set on a brand-new home may need to look to newer master-planned areas. The neighborhood is car-dependent like most of Tampa, and HOA dues and taxes vary enough that each home needs its own homework.
On balance, Lake Magdalene is a solid choice for families and move-up buyers who prioritize location, a lake and established streets over the latest finishes. If that matches your priorities, the variety of homes and the proximity to Downtown Tampa and the airport make it well worth a close look.
On the market now
Homes for sale in Lake Magdalene
View all 116 →
$1,600,000
1917 FLORESTA VIEW DRIVE, TAMPA
4 bd · 4.5 ba · 4,290 sqft
$660,000
13105 N BOULEVARD, TAMPA
4 bd · 3 ba · 2,547 sqft
$499,926
12216 NOREAST LAKE DRIVE, TAMPA
4 bd · 2 ba · 1,965 sqft
$399,000
11729 FOREST HILLS DRIVE, TAMPA
3 bd · 2 ba · 1,087 sqft
$375,000
12414 MARJORY AVENUE, TAMPA
3 bd · 2 ba · 1,614 sqft
$172,000
13909 FLETCHERS MILL DRIVE, TAMPA
2 bd · 2.5 ba · 1,223 sqft
$445,000
2806 CEDARIDGE DRIVE, TAMPA
4 bd · 2 ba · 1,420 sqft
$354,900
2886 GRAND KEMERTON PLACE, TAMPA
3 bd · 2.5 ba · 1,920 sqft
$350,000
2907 GRAND KEMERTON PLACE, TAMPA
3 bd · 2.5 ba · 1,852 sqft
$349,900
1905 S VILLAGE AVENUE, TAMPA
3 bd · 3.5 ba · 1,896 sqft
$299,999
14804 N BOULEVARD, TAMPA
3 bd · 2 ba · 1,464 sqft
$245,000$250,000
2555 CEDAR CYPRESS COURT UNIT 2555, TAMPA
2 bd · 2.5 ba · 1,326 sqft
Every active listing inside the Lake Magdalene boundary
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Browse Lake Magdalene
By feature — on the live map
Where the market lives
The numbers that matter
The Lake Magdalene market
349
Sold, last 12 months
$440,000
Median sold price
97%
Sale-to-list ratio
What sellers actually get vs asking
25 days
Median time to sell
Lake Magdalene vs Tampa
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 12.6% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Lake Magdalene boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Lake Magdalene is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Lake Magdalene home
≈ $3,028/mo
$394,500 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$424/mo
Median HOA
From current listings inside the boundary
$2,075/mo
Median rent
Homes for rent inside the boundary
Population
31,792
Median age
42
Median income
$91,309
Median home value
$379,510
Beyond the listings
Living in Lake Magdalene
Entertainment
Top 22% in the U.S.Party Life
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Food & Drink
Top 22% in the U.S.Fueling for Fitness
A population characterized by healthy eating. Often pre-planning for meals for the purpose of fitness and convenience. Likely to participate in meal prep trends.
Relationships
Top 22% in the U.S.Networking
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
Appearance oriented
Top 22% in the U.S.Body Art
Who says the body isn't a canvas? This population loves talking about tattoos, body art and piercings.
Active
Top 24% in the U.S.Functional Fitness
Looking good and reaching fitness goals is all about discipline: Eat right. Work hard. No excuses. This population is more likely to view working out as a means to an end.
Appearance oriented
Top 24% in the U.S.All About Hair
Passionate about all things hair, this population is talking about hair tutorials or the hottest celebrity blowout.
People who close here
Our Tampa experts
Straight answers
Lake Magdalene FAQs
Is Lake Magdalene a good place to live?+
It suits buyers who want a quiet, established neighborhood with a lake and a short trip to the city. With Downtown Tampa about 22 minutes away and a mix of ranch homes, pools and waterfront lots, it's a practical fit for families and commuters. The character is settled and residential rather than flashy or master-planned.
Is Lake Magdalene expensive?+
It sits in a comfortable middle range for Tampa. The median list price is $394,500 and homes sold over the last year closed at a median of $440,000, with 18 current listings above $1 million for the high end. Entry points start under $90,000 for condos, so there's room at several budget levels.
What do homes cost in Lake Magdalene?+
Active listings run from $89,975 to $6,000,000, with a median list price of $394,500 and an average of $261 per square foot. The median home is about 1,536 square feet. Over the past 12 months, 350 homes sold at a median price of $440,000.
How is the market right now?+
It's steady and gives buyers breathing room. The median home takes about 63.5 days to sell, and sellers are getting roughly 97% of their asking price on average. That combination points to a market where well-priced homes move and buyers still have negotiating leverage.
What are the HOA fees and property taxes like?+
Fees vary widely by community and home type. The median HOA runs about $424 per month, though many single-family homes here carry no HOA at all, and the median annual property tax is around $3,775. Always confirm the specific dues and tax figure on any individual home before you make an offer.
What schools serve Lake Magdalene?+
Assigned schools in the area most commonly include Gaither High School, Buchanan Middle School, and partnership elementary options such as USF/Patel Partnership Elementary and the Patricia Sullivan Metropolitan Ministries Partnership School. School zoning in Hillsborough County can vary street by street, so confirm the exact assignment for any address with the district before you commit.
How long is the commute from Lake Magdalene?+
It's well positioned for Tampa's job centers. Downtown Tampa is roughly a 22-minute drive and Tampa International Airport about 30 minutes, making it convenient for both city commuters and regular travelers. The neighborhood's northern location keeps you close to major north-south corridors.
Is there new construction in Lake Magdalene?+
Not much — this is an established neighborhood with only 4 new-construction listings active right now. Buyers who want a brand-new home with the latest layouts may want to also look at newer master-planned areas like Tampa Palms or Hunters Green. Most of what sells here is existing homes on mature lots.
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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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