Lake Bell Terrace
Homes for Sale in Winter Park, FL

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.

Stellar MLS sales records identify 35 homes in Lake Bell Terrace that have changed hands since 2005, built between 1957 and 1959 (median 1958), with a median living area of about 1,473 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

County records show 4 qualified sales in Lake Bell Terrace across 2024 - 2025 (1 in 2024, 3 in 2025), median $439,900 - the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

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.

Lake Bell Terrace is too small for its own price trend, so here is the market around it.

In ZIP 32789, 239 homes are on the market and 23% are under contract — a steady corner of Winter Park.

Across Orange County, 5,774 homes are active and 1,755 pending (23% under contract).

In ZIP 32789 (WINTER PARK), 390 homes closed in the last 12 months at a median of $635K ($396/sq ft), up 7.6% year over year, with a median 39 days on market. Right now 91 active and 26 pending listings put supply at about 5.2 months - a balanced market. See the live ZIP 32789 housing market and the Orange County market.

ZIP and county figures describe the wider market, not Lake Bell Terrace specifically. Momentum Research analysis of MLS records.

• 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.

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.

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.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.