Lake Griffin Terrace
Homes for Sale in Lady Lake, FL

Community in Lady Lake · Lake County · ZIP 32159
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Built fromLive Stellar MLS data12 years of closingsUpdated twice daily

As of September 2026, the MLS records 5 closed sales in Lake Griffin Terrace in Lady Lake, FL since 2014, the most recent in April 2024. Across Lady Lake as a whole, 321 homes closed in the last 12 months at a median of $231,500, 46 median days on market, with 107 homes for sale today. At that median and Lake County's FY2025-26 rate of 16.65 mills, annual property tax runs about $3,850 ($3,180 with the full homestead exemption).

Jon Brooks, founder of Momentum Realty
Jon's Current Read

What sets value in Lake Griffin Terrace is age and condition spread more than anything else. Construction dates run from 1930 through 2024, with a median build year of 1995, so buyers are choosing between older homes that may need updating and newer construction on the same streets. That range is the story here, not a single price point.

With homestead exemptions in place on roughly three-quarters of the 77 homes, this reads as a subdivision where owners tend to stay put rather than cycle through as rentals or short-term holds. For a buyer, that usually means less turnover-driven inventory pressure and more negotiation tied to a specific home's condition and vintage than to broad market timing.

Nearby homes for sale

No active listings inside Lake Griffin Terrace Sub right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

4322 CASAURINA ROAD
$245K · 0.1 mi away
3 bd · 2 ba · 2,075 sqft
4322 CASAURINA ROAD
Listed by PROPERTY FINDERS REALTY GROUP
4438 CALAMONDIN STREET
$210K · 0.2 mi away
3 bd · 1 ba · 1,120 sqft
4438 CALAMONDIN STREET
Listed by FLAMINGO REAL ESTATE & MNGMT
40107 OAKRIDGE DRIVE
$280K · 0.2 mi away
3 bd · 2 ba · 1,215 sqft
40107 OAKRIDGE DRIVE
Listed by ERA GRIZZARD REAL ESTATE
40091 OAKRIDGE DRIVE
$219K · 0.3 mi away
3 bd · 2 ba · 1,200 sqft
40091 OAKRIDGE DRIVE
Listed by BEYCOME OF FLORIDA LLC
40105 PALM STREET
$189K · 0.3 mi away
4 bd · 2 ba · 2,221 sqft
40105 PALM STREET
Listed by CORBELO LLC
40045 PALM STREET
$290K · 0.3 mi away
3 bd · 2 ba · 1,429 sqft
40045 PALM STREET
Listed by AGENT TRUST REALTY CORPORATION

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Lake Griffin Terrace in Lady Lake spans nearly a century of construction, from homes built in 1930 to new builds completed in 2024, giving the subdivision a median living area of 1,846 square feet and a housing stock that varies more in age than in size.

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.

Best for

  • Buyers who want a standalone home on its own merits without shared amenity fees or HOA-run facilities
  • Buyers open to comparing older and newer construction within the same subdivision to find the right condition-to-price fit
  • Buyers targeting a mid-size home near 1,846 square feet without a strict requirement on build year

Probably not for

  • Buyers who want a subdivision with clubhouse, pool, or other organized amenities included
  • Buyers who want every home in a subdivision built within a narrow, consistent time frame
  • Buyers unwilling to budget time or money for inspections given how wide the construction era range runs

The market around Lake Griffin Terrace

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

In ZIP 32159, 325 homes are on the market and 26% are under contract — a steady corner of Lady Lake.

Across Lake County, 3,179 homes are active and 1,077 pending (25% under contract).

In ZIP 32159 (Lady Lake), 1,693 homes closed in the last 12 months at a median of $360K ($236/sq ft), down 1.6% year over year, with a median 43 days on market. Right now 115 active and 48 pending listings put supply at about 5.4 months — a balanced market. See the live ZIP 32159 housing market and the Lake County market.

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

If we were buying in Lake Griffin Terrace today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Griffin Terrace.

Best Buy
Buyers comfortable evaluating condition and vintage home by home rather than expecting a uniform product.
Biggest Risk
The 1930-to-2024 build range means renovation needs and mechanical age can vary widely from one listing to the next.
Sweet Spot
Homes near the median build year of 1995 and the median size of roughly 1,846 sq ft offer the closest thing to a typical profile here.
Avoid If
Avoid if you are counting on shared community amenities, since none are identified from current listings.

A Subdivision Built in Layers

Seventy-seven homes make up Lake Griffin Terrace, and the 1930-to-2024 build range means this is not a single-era subdivision. Buyers will find original mid-century structures alongside recent construction, which puts the burden on due diligence: two homes at similar square footage can carry very different maintenance profiles depending on when they were built and how they've been updated since.

No community amenities are identified from current MLS listings, so this is a subdivision valued on the home and the lot, not on shared recreational infrastructure. That keeps the buying decision straightforward - it comes down to the structure, the land, and proximity to what Lady Lake and the surrounding Lake County area offer outside the subdivision itself.

The location and the amenities are priced into every listing in Lake Griffin Terrace. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a subdivision with this much build-year spread, pricing a home correctly means weighing condition and vintage against comparable sales that may look similar on paper but differ substantially in systems, roof age, and updates. We walk buyers and sellers through that comparison line by line rather than leaning on a single subdivision-wide number.

Lake Griffin Terrace in 15 seconds.

Best forBuyers comfortable evaluating condition and vintage home by home rather than expecting a uniform product.
Biggest advantageA high share of homesteaded owners points to stability rather than rapid turnover.
Biggest riskThe 1930-to-2024 build range means renovation needs and mechanical age can vary widely from one listing to the next.
Sweet spotHomes near the median build year of 1995 and the median size of roughly 1,846 sq ft offer the closest thing to a typical profile here.
Avoid ifAvoid if you are counting on shared community amenities, since none are identified from current listings.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Lake Griffin Terrace sales matched to your home.

What is your Lake Griffin Terrace home worth?

Get a no-obligation home value based on real comparable sales in Lake Griffin 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 all homes for sale in Lady Lake →

Real comps, not an automated estimate.
Buyers who want a standalone home on its own merits without shared amenity fees or HOA-run facilitiesExcellent fit
Buyers open to comparing older and newer construction within the same subdivision to find the right condition-to-price fitExcellent fit
Buyers targeting a mid-size home near 1,846 square feet without a strict requirement on build yearExcellent fit
Buyers who want a subdivision with clubhouse, pool, or other organized amenities includedProbably not
Buyers who want every home in a subdivision built within a narrow, consistent time frameProbably not
Buyers unwilling to budget time or money for inspections given how wide the construction era range runsProbably not

Nearby Communities

Explore more neighborhoods near Lake Griffin Terrace with Momentum Realty’s local guides.

CVCarlton Village Park0.3 mi away · median $248K, 10 sales/12 moGPGulati Place0.4 mi awayCVCarlton Village0.5 mi away · median $240K, 3 sales/12 moUUnamed0.6 mi awayEdge Hill Estates0.7 mi awayHHHarbor Hills0.8 mi away · median $500K, 41 sales/12 moLALakeview Acres0.8 mi away

Browse all neighborhood guides →

Data sources & freshness

Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2014 (5 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?

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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 local comps.

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Common questions about Lake Griffin Terrace

Where is Lake Griffin Terrace?

Lake Griffin Terrace is a community in Lady Lake, Lake County, Florida, ZIP 32159.

Are there homes for sale in Lake Griffin Terrace right now?

No active listings inside Lake Griffin Terrace at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does Lake Griffin Terrace have an HOA or CDD?

No HOA is on record for Lake Griffin Terrace in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

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