Magnolia Plantation in Lake Mary

Magnolia Plantation
Homes for Sale in Lake Mary, FL

All 217 homes for sale in Lake Mary, FL · median $499,000 · 183 homes for sale in 32746 · Seminole County homes for sale

Community in Lake Mary · Seminole County · ZIP 32746
219 homesBuilt 2000–2007Median sale $1.10M
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Built fromLive Stellar MLS data2 years of closingsFL DOR public recordsUpdated twice daily

As of November 2026, Magnolia Plantation in Lake Mary, FL has 3 homes for sale. Over the 12 months ending 2026-11-13, 5 recorded sales closed at a median of $1,100,000, $325 per square foot, a median 6 days on market, sellers accepting 101% of original asking. Homes listed or recently sold were built 2000 - 2006; 15 of 15 report an HOA (median $183/mo); none of the 15 geocoded homes sit in a FEMA special flood hazard zone (median elevation 29 ft). At the median price and Seminole County's FY2025-26 rate of 15.18 mills, annual property tax runs about $16,700 ($16,100 with the full homestead exemption).

Live · Magnolia Plantation Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$1.10M
Median sold · 12 mo
$325/sf
Sold $/sqft · 12 mo
peak $325 in 2026
100.6%
Sale vs ask
Tempo
2.1mo
Supply
3 to 6 months is the balanced band
6days
Median DOM · closed
6 days at the 2026 low
0%
Under contract
Seminole: 22% (495 of 2,284)
3 · 0
For sale · pending
live counts, refreshed twice daily
5
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
85%
Owner-occupied · Magnolia Plantation
187 of 220 parcels homesteaded (FL DOR 2025)
15%
Non-owner-occupied · Magnolia Plantation
incl. 8% trust or LLC-held · 1% out-of-state
219
Homes in the community
plus 1 vacant residential lots · 220 residential parcels (FL DOR 2025)
Track record · 2 years of records
13
Recorded sales · 2024-2025
median $839K · qualified sales on the county roll (FL DOR 2025)
2000–2007
Years homes were built
median 2001 · county roll (FL DOR 2025)
3,309sqft
Median sold home size
12-mo windows, closed sales
2.3%/yr
Turnover rate
about 5 of 219 homes trade a year

Homes For Sale Right Now in Magnolia Plantation

Live MLS inventory for Magnolia Plantation. 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 Magnolia Plantation listings as of 2026-11-12, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2024 through 2026. Tap any home to ask about it.

Magnolia Plantation Housing Pulse · Momentum Research · as of November 6, 2026

Magnolia Plantation right now

🔴 Seller-leaning market. 2.1 months of supply and 0% of the inventory already under contract give sellers the pressure advantage.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 November 6, 2026. Confidence: Medium (3 active and pending listings, 5 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated November 14, 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

Magnolia Plantation market snapshot (as of November 6, 2026): the median sale price is about $1.10M ($325 per sq ft over the trailing 12 months of closed sales), a median 6 days on market for closed sales, and 2.1 months of supply, a seller-leaning market.

In ZIP 32746 (Lake Mary), 294 homes closed in the last 12 months at a median of $422K ($222/sq ft), up 2.0% year over year, with a median 34 days on market. Right now 64 active and 23 pending listings put supply at about 2.6 months - a healthy market. See the live ZIP 32746 housing market and the Seminole County market.

County records show 13 qualified sales in Magnolia Plantation across 2024 - 2025 (8 in 2024, 5 in 2025), median $839,000 - the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

Flood zones in Magnolia Plantation: of 14 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in Lake Mary.

Magnolia Plantation is a community of 219 homes in Lake Mary, Seminole County, built between 2000 and 2007 (median 2001.0), with a median living area of about 3,289 square feet. 85% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Listing locations from Stellar MLS. Map data © OpenStreetMap contributors.

Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

Schools

In short
  • Seminole County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Heathrow Elementary · Elementary
  • Markham Woods Middle · Middle
  • Seminole High · High

Zoned schools reflect the assignments reported on recent Magnolia Plantation listings and can change; always confirm with Seminole County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Magnolia Plantation address.

Recent Developments in Magnolia Plantation

Development, infrastructure, retail, and school activity affecting Magnolia Plantation, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated November 2026.

Dev Momentum57/100 · Active
  1. October 2026
    Retail & Dining

    Costco and about 300 apartments planned for Seminole Towne Center site in Sanford

    Ardent Companies plans to redevelop the Seminole Towne Center mall property along I-4 with a Costco as anchor, possibly opening by the end of 2027. About 300 multifamily units are planned across the street, and some existing stores such as Dillard's and Dick's Sporting Goods could stay. Demolition details are still being finalized.

    What it may mean for the marketA warehouse-club anchor plus new apartments would add retail access and rental inventory along the I-4 corridor in Sanford, with construction and retail jobs expected through 2027. The project is about 13 miles northeast of Magnolia Plantation, elsewhere in Seminole County.

    Source: ClickOrlando (WKMG)
  2. October 2026
    Retail & Dining

    Kura Revolving Sushi Bar plans Altamonte Springs restaurant

    Plan-review records show Kura Sushi USA preparing a restaurant at 175 E. Altamonte Drive, Suite 1000. The concept pairs a revolving sushi conveyor with technology-supported ordering. No opening date has been announced.

    What it may mean for the marketA new sit-down dining option would add to the restaurant mix along the Altamonte Drive corridor. The project is about 5 miles northeast of Magnolia Plantation, elsewhere in Seminole County.

    Source: What Now Orlando
  3. August 2026
    Development

    Seminole County approves land use change and rezoning for 144,000 sq ft Sanford Commerce Center

    The Board of County Commissioners adopted an ordinance changing the future land use and zoning for the roughly 17.23-acre Sanford Commerce Center along Orange Boulevard. The project plans 144,000 square feet of flex space. Conditions include operating hours of 7 a.m. to 7 p.m., enhanced buffering and dumpster and large-vehicle parking requirements.

    What it may mean for the marketThe project would add flex industrial and small-business space in the Sanford area, with operating limits meant to manage nearby impacts. The project is about 15 miles northeast of Magnolia Plantation, elsewhere in Seminole County.

    Source: Citizen Portal
  4. July 2026
    Retail & Dining

    Seminole Towne Center set for 700 million dollar redevelopment with Costco

    Ardent Companies is redeveloping the Seminole Towne Center in Sanford in a project valued around 700 million dollars, described as the largest commercial redevelopment in Seminole County history. Plans include the largest Costco in Central Florida at over 156,000 square feet, about 300 apartments, and new retail. Demolition was scheduled for July 2026 with the Costco expected to open in early 2027.

    What it may mean for the marketConverts a long dormant mall site into a mixed use center anchored by a large format Costco, new retail, and about 300 apartments, reshaping a major Seminole County commercial node. The project is about 14 miles northeast of Magnolia Plantation, elsewhere in Seminole County.

    Source: WFTV
  5. October 2025
    Retail & Dining

    New Apopka complex with restaurants and offices set to open in 2026

    A new commercial complex in Apopka with restaurants and office space is set to open in 2026, adding retail and workplace space in northwest metro Orlando.

    What it may mean for the marketNew retail and office space in Apopka adds everyday conveniences and local jobs, amenity and employment factors that can support nearby housing demand. The site is about 6 miles northwest of Magnolia Plantation.

    Source: GrowthSpotter

Development alerts for Magnolia PlantationGet a short monthly email when something new is approved, funded, or opens near Magnolia Plantation.

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in Magnolia Plantation 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

Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.

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 Magnolia Plantation.

A closer look at the Magnolia Plantation market

At a median of $325 per square foot, Magnolia Plantation prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

Inventory runs at 2.1 months of supply, a seller-leaning market. Homes that do trade take a median 6 days on market, useful leverage on any listing that has lingered.

The housing stock is 219 homes built between 2000 and 2007, and 85% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

“

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

Jon Brooks · Founder, Momentum Realty
8.8A- · Buy Score
Liquidity & Demand7.9/10
Owner Commitment8.5/10
Pricing Power10.0/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (8.8). Basis: Liquidity & Demand 2.1 months of supply; Owner Commitment 85% owner-occupied; Pricing Power 100.6% sale-to-list. Refreshed with each data update.

The takeaway

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

What is your Magnolia Plantation home worth?

Get a no-obligation home value based on real comparable sales in Magnolia Plantation, 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 Lake Mary →

Real comps, not an automated estimate.

Recently off market in Magnolia Plantation

Homes in Magnolia Plantation that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 4 on record.

Magnolia Plantation key facts
LocationLake Mary, Seminole County, FL · ZIP 32746
Homes in the community219 (FL DOR 2025 assessment roll)
Years built2000–2007 (median 2001.0)
Typical living area3,289 sq ft (median)
Home types (current listings and sales)single-family 100%
Amenities listed by sellersTennis Court(s), Playground, Gated, Deed Restrictions, Gated Community - Guard, Gated Community
Sale prices, last 12 months$1,100,000 median across 5 closed sales · $325 per sq ft
Days on market (closed sales)6 median
For sale right now3 active, 0 pending · median asking $949,900 · 2.1 months of supply
Owner-occupied (homestead) share85%

Data as of November 13, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2024 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Magnolia Plantation key facts,” movewithmomentum.com/neighborhoods/magnolia-plantation-lake-mary, data as of November 13, 2026.

Housing distress & ownership in Magnolia Plantation, Lake Mary

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 3 listings
Distress share trend - 0.0% now (2026-08-12 → 2026-11-10)

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 November 2026 through November 2026. Deemed reliable but not guaranteed.

Just listed in Magnolia Plantation

The newest homes for sale in Magnolia Plantation right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.

Checked against the MLS nightly. All new listings in this market.

Every Home for Sale in Magnolia Plantation Right Now (3)

All 3 active and pending Magnolia Plantation listings with a detail page, newest first, refreshed twice a day from the MLS.

Streets in this community

Street-level pages: every home on record, what sold and what is for sale on each street.

What it really costs to own in Magnolia Plantation

The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.

HOA duesMedian $183/month across 15 MLS listings (most billed quarterly; 2026-11-14). Dues cover what the documents say they cover; ask for the budget and reserve study.
Home and flood insuranceThe average Citizens Property Insurance premium in Seminole County is $1,572/yr (1,203 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. Flood: of 14 listing addresses checked against the FEMA flood map, 100% sit outside the high-risk zone. Statewide, a Zone X flood policy runs about $500-$700/yr and a high-risk zone $1,200-$2,500/yr (FEMA Risk Rating 2.0 averages, not quotes).
Roof and ageMedian build year 2002 across 15 listings. An original roof here would be about 24 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails.

Email me new listings in Magnolia Plantation

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Magnolia Plantation

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Magnolia Plantation will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

How much local inventory is already under contract

22% of homes for sale in ZIP 32746 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-11-14).

MAGNOLIA PLANTATION Market Scorecard

Strong seller's market

MAGNOLIA PLANTATION is currently a strong seller's market. About 2.1 months of supply, a median asking price of $949,900, and homes go under contract in about 90 days.

2.1
Months supply
$949,900
Median list
$1,072,500
Median sold
$286
Per sqft
90
Days on mkt
3/0/17
Active/Pend/Sold

Typical home value in the 32746 ZIP is $467,538, about 6.3% below the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

What is the median home price in Magnolia Plantation?
The median sale price in Magnolia Plantation was $1.10M over the 12 months ending November 6, 2026 (5 closed sales, Stellar MLS).
How long do homes in Magnolia Plantation take to sell?
Homes that closed in the 12 months ending November 6, 2026 took a median 6 days on market (5 sales, Stellar MLS).
Is Magnolia Plantation a buyer's or seller's market right now?
As of November 6, 2026, Magnolia Plantation leans toward sellers: 2.1 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in Magnolia Plantation?
The Florida DOR 2025 assessment roll shows 219 homes plus 1 vacant residential lots in Magnolia Plantation (public records).
What share of Magnolia Plantation is owner-occupied?
85% of Magnolia Plantation parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Magnolia Plantation built?
Homes in Magnolia Plantation were built between 2000 and 2007, with a median year built of 2001.0 (FL DOR 2025 roll).
Who is the best real estate agent for Magnolia Plantation?
The best agent for Magnolia Plantation is one who actively works Lake Mary and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Magnolia Plantation.
How do I find a top Lake Mary real estate agent who knows Magnolia Plantation?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Magnolia Plantation and the wider Lake Mary area.
Can Momentum Realty connect me with an agent for Magnolia Plantation?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Magnolia Plantation purchase or sale - no call center and no pressure.
Where is Magnolia Plantation, and what county is it in?
Magnolia Plantation is in Lake Mary, Seminole County, FL, ZIP 32746. The community's center is about 4 miles west of the center of Lake Mary (straight-line).
Is Magnolia Plantation in a flood zone?
No, for the homes we can see: all 14 homes we sampled in Magnolia Plantation sit outside a FEMA Special Flood Hazard Area (Zone X), where a lender does not require flood insurance. Flood zones are drawn parcel by parcel, so check the exact address on FEMA's flood map before you close; the flood section on this page shows the community's mix.
Is Magnolia Plantation a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Magnolia Plantation: the median sale price over the last 12 months was $1.10M (5 sales), 144% above the Lake Mary median of $450K; homes took a median 6 days to go under contract; the assessment roll counts 219 homes, 85% of them homesteaded (owner-occupied); supply is 2.1 months at the current sales pace, which favors sellers. The full numbers, price history and the flood and school sections are above.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: November 12, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending November 6, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 32746))
Under-contract sharesStellar MLS records, as of 2026-11-06
Historical depthClosed-sale records back to 2024 (6 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.

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