LAKE BELL TERRACE
Homes for Sale in WINTER PARK, FL
True comps, carrying-cost math, and listings before the portals.
Lake Bell Terrace is a small pocket - 63 homes total - so the market here moves in single-digit increments, not trend lines. With only one active listing at this snapshot, the community isn't offering much to compare against, and the 6.0-month supply figure reflects that thinness more than any broad shift in demand.
The housing stock itself tells the real story: a median build year of 1958 against a range that stretches to 2023 means most homes are original mid-century construction with a handful of newer or heavily rebuilt properties mixed in. That spread is what will drive price conversations property by property - condition and renovation status matter more here than location within the community.
LAKE BELL TERRACE right now
🟡 Balanced market. 6.0 months of supply and 0% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of August 2, 2026. Confidence: Low (1 active and pending listings, 1 closed sales in 12 months).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Lake Bell Terrace sits in Winter Park as a compact, low-turnover enclave of mostly 1950s-era homes on modest footprints, with a majority owner-occupied share suggesting most properties are held as primary residences rather than turned over for investment.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
The setting & the homes.
Aerial and on-site photos of LAKE BELL TERRACE. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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LAKE BELL TERRACEWho LAKE BELL TERRACE is best for.
Best for
- Buyers targeting a specific, small Winter Park pocket rather than a wide search area
- Buyers open to a mid-century home that may need updating, or a fully rebuilt replacement
- Buyers who can move quickly when the rare listing appears, given the thin inventory
Probably not for
- Buyers who want to compare several active listings before deciding
- Buyers seeking new-construction consistency across an entire community
- Buyers relying on built-in community amenities, since none are identified in current MLS records
The market around LAKE BELL TERRACE
LAKE BELL TERRACE is a small community — 17 recorded sales on file, most recently in 2025 — too few for its own price trend. Here is the market around it.
In ZIP 32789, 243 homes are on the market and 28% are under contract — a steady corner of WINTER PARK.
Across Orange County, 5,873 homes are active and 2,054 pending (26% under contract).
Homes here are single family residence.
ZIP and county figures describe the wider market, not LAKE BELL TERRACE specifically. Momentum Research analysis of MLS records.
Housing distress & ownership in LAKE BELL TERRACE, WINTER PARK
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.
Homes For Sale Right Now in LAKE BELL TERRACE
Live MLS inventory for LAKE BELL TERRACE. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending LAKE BELL TERRACE listings as of 2026-08-20, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2011 through 2026. Tap any home to ask about it.
LAKE BELL TERRACE on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Orange County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Hungerford Elem · Elementary
- College Park Middle · Middle
- Edgewater High · High
Zoned schools reflect the assignments reported on recent LAKE BELL TERRACE listings and can change; always confirm with Orange County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any LAKE BELL TERRACE address.
The LAKE BELL TERRACE buying strategy.
If we were buying in LAKE BELL TERRACE today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in LAKE BELL TERRACE.
A small footprint, a wide build spread
At a median 1,509 square feet, homes in Lake Bell Terrace run smaller than what's typical in newer Winter Park construction, consistent with their mid-century origins. The gap between the median year built (1958) and the range extending to 2023 signals that a portion of the community has been rebuilt or replaced entirely, which means two homes on the same street can represent very different renovation timelines, systems, and finish levels.
The homestead share of 57.8% points to a community where a majority of owners have filed for primary-residence status, which typically correlates with longer hold periods and less frequent listing activity. That tracks with what we see in the numbers: a single active listing against 63 total homes is a very tight window, and buyers watching this community should expect to move quickly and decisively when something does come up, since there's little competing inventory to negotiate against.
The location and the amenities are priced into every listing in LAKE BELL TERRACE. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this small, with inventory this thin, the details that don't show up in a listing photo - renovation history, permit records, when a roof or systems were last touched - carry outsized weight. We track closings and condition patterns across Lake Bell Terrace specifically so buyers and sellers aren't guessing at what a 1958-built home versus a 2023-rebuilt home should actually be worth relative to each other.
LAKE BELL TERRACE in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA. Confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a LAKE BELL TERRACE buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed LAKE BELL TERRACE sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in LAKE BELL TERRACE, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your LAKE BELL TERRACE home worth?
Get a no-obligation home value based on real comparable sales in LAKE BELL TERRACE, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See homes for sale in LAKE BELL TERRACE on the map →
LAKE BELL TERRACE Market Scorecard
LAKE BELL TERRACE is currently a buyer's market. About 6.0 months of supply, a median asking price of $820,000, and homes go under contract in about 129 days.
Go deeper: county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
Is LAKE BELL TERRACE a buyer's or seller's market right now?
How many homes are in LAKE BELL TERRACE?
What share of LAKE BELL TERRACE is owner-occupied?
When were the homes in LAKE BELL TERRACE built?
Do cash buyers compete in LAKE BELL TERRACE?
Who is the best real estate agent for LAKE BELL TERRACE?
How do I find a top WINTER PARK real estate agent who knows LAKE BELL TERRACE?
Can Momentum Realty connect me with an agent for LAKE BELL TERRACE?
Should you buy in LAKE BELL TERRACE?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near LAKE BELL TERRACE with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: August 2, 2026) |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (5 streets, ZIP 32789)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2011 (22 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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See how LAKE BELL TERRACE fits the bigger picture — live prices, inventory, and Momentum Scores: