Neighborhood · Winter Park, Florida
Lake Knowles Terrace
A quiet Winter Park pocket near the lake
6
Homes for sale
$1,627,000
Median list price
$652
Avg price / sqft
49
Median days on market
Lake Knowles Terrace sits in the heart of Winter Park, close enough to the water and the city's leafy avenues to feel established, but small enough to keep its own character. Homes here feed into some of the area's most sought-after schools — Winter Park High, Maitland Middle, and Lakemont Elementary — and downtown Orlando is only about 26 minutes away. It's the kind of neighborhood that trades on location and pedigree rather than flash, with easy access to nearby communities like Lake Killarney, Hannibal Square, and Winter Park Pines.
For buyers, this is a compact, high-demand market. Right now there are just 6 active listings with a median list price of $1,627,000, and homes are moving in about 18 days. Sellers over the past year have averaged 97% of asking on 9 closed sales, so if you find the right house among the broader Winter Park homes for sale, expect to come in prepared and decisive.
Lake Knowles Terrace is a community in Winter Park, Florida.
Quick facts
$799,999 – $3.7M price range
2,674 sqft median home
$8,575/mo median rent
8 sold in 12 months
Drive times
On the market now
Homes for sale in Lake Knowles Terrace
$3,695,999
1742 TEMPLE DRIVE, WINTER PARK
4 bd · 5 ba · 3,658 sqft
$1,829,000
1550 PALM AVENUE, WINTER PARK
4 bd · 3.5 ba · 2,706 sqft
$879,000$899,000
1621 CHESTNUT AVENUE, WINTER PARK
3 bd · 2.5 ba · 2,022 sqft
$799,999$825,000
1431 PALM AVENUE, WINTER PARK
2 bd · 2 ba · 1,540 sqft
$2,549,000
1823 SUNSET DRIVE, WINTER PARK
5 bd · 4.5 ba · 3,479 sqft
$1,425,000$1,465,000
1581 MAGNOLIA AVE, WINTER PARK
4 bd · 4 ba · 2,642 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
8
Sold, last 12 months
$1,300,000
Median sold price
97%
Sale-to-list ratio
What sellers actually get vs asking
31 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
▲ 57.2% 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
≈ $9,250/mo
$1,627,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$8,575/mo
Median rent
Homes for rent inside the boundary
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 small, well-located Winter Park neighborhood zoned for Winter Park High, Maitland Middle, and Lakemont Elementary, which keeps demand consistent. You're about 26 minutes from downtown Orlando and close to established communities like Eastbrook. The scale is intimate and the character is residential rather than commercial.
Is it expensive to buy here?+
Yes — this is a premium Winter Park market, with a median list price of $1,627,000 and active listings ranging from $750,000 to about $3,696,000. Four of the six current homes are priced above $1 million, so plan your budget accordingly.
What do homes cost in Lake Knowles Terrace?+
Over the last 12 months, 9 homes sold at a median price of $1,150,000, while current listings sit at a median of $1,627,000. Pricing runs around $673 per square foot on a median home size of roughly 2,731 square feet. The gap between sold and list reflects a mix of new construction and larger homes now on the market.
How is the market right now?+
It's active and efficient — just 6 homes are listed, they're moving in a median of 18 days, and sellers are averaging 97% of asking price. That combination points to steady demand, so serious buyers should be ready to act quickly.
What about HOA fees and property taxes?+
There's no reported HOA for this neighborhood, which keeps carrying costs simpler than in a managed community. The median property tax runs about $5,621 per year. Always confirm the exact figures for a specific property before you commit.
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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