Magnolia Island
Homes for Sale in Clermont, FL

A modest-sized subdivision in Clermont with a build history stretching from the 1920s to recent construction, Magnolia Island reads less like a single-era development and more like an assembled neighborhood where each home needs to be evaluated on its own merits.

Stellar MLS sales records identify 20 homes in Magnolia Island that have changed hands since 2011, built between 1992 and 2007 (median 1998), with a median living area of about 4,828 sq ft and a typical 5-bedroom, 4-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.

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.

Magnolia Island is too small for its own price trend, so here is the market around it.

In ZIP 34711, 462 homes are on the market and 24% are under contract — a steady corner of Clermont.

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

In ZIP 34711 (Clermont), 1,456 homes closed in the last 12 months at a median of $427K ($212/sq ft), down 2.4% year over year, with a median 49 days on market. Right now 146 active and 50 pending listings put supply at about 3.9 months — a balanced market. See the live ZIP 34711 housing market and the Lake County market.

ZIP and county figures describe the wider market, not Magnolia Island specifically. Momentum Research analysis of MLS records.

With a year-built range spanning 1920 to 2024 and a median around 1992, Magnolia Island is not a tract of look-alike homes from a single building phase. Older construction sits alongside recent builds, which means the usual shortcuts — assuming a similar layout or system age next door — do not apply. Any serious offer here should rest on an inspection of that specific structure, not on assumptions drawn from the block.

Median living area lands at roughly 1,834 square feet, a workable middle ground rather than an outlier in either direction. Combined with the age spread, that suggests a mix of smaller original homes and larger, newer construction rather than one dominant floor plan. There is no shared amenity package showing up in current listings, so value here is being set house by house, not by a community feature set.

In a community with a hundred-plus years of build history under one name, pulling comparable sales that actually match a subject property's age, size, and condition takes more than a quick MLS filter. We do that work property by property, so pricing conversations start from real comparables instead of a neighborhood average that does not fit the house in question.

Listings in this community report association dues of about $125 per month ($1,500 a year) — the median AssociationFee across 39 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

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