Magnolia Point Phase 1
Homes for Sale in Umatilla, FL

Community in Umatilla · Lake County
334 homesBuilt 1998–2019
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Built fromLive Stellar MLS data22 years of closingsFL DOR public recordsUpdated twice daily
Live · Magnolia Point Phase 1 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
72%
Owner-occupied · Magnolia Point Phase 1
242 of 335 parcels homesteaded (FL DOR 2025)
28%
Non-owner-occupied · Magnolia Point Phase 1
incl. 7% trust or LLC-held · 8% out-of-state
334
Homes in the community
plus 1 vacant residential lots · 335 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1998
Community established
homes built 1998-2019, median 2001 (FL DOR 2025)
1
Failed listings · 2026
peaked at 28 in 2008
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Magnolia Point Phase 1 is a built-out pocket of Umatilla with 334 homes, most dating from the late 1990s through the late 2010s and a median build year of 2001. That spread means buyers are choosing between original-era construction and newer infill, so condition and updates inside the community will do more to differentiate one listing from another than location alone.

The homestead share sits at 72.2%, which points to a base of owner-occupied homes rather than a market dominated by turnover or investor holdings. For a buyer, that generally means less competition from bulk-purchase activity and a more traditional pace of listings coming to market one at a time.

Best for

  • Buyers who want an established neighborhood with a track record of owner occupancy rather than rapid turnover.
  • Buyers comfortable evaluating each home on its own condition rather than relying on uniform new construction.
  • Buyers whose priority is home size and layout near the median footprint over a confirmed amenity package.

Probably not for

  • Buyers who require a guaranteed pool, clubhouse, or recreational amenity as part of the purchase decision.
  • Buyers who want only newer construction without older-era homes in the same community mixed in.
  • Buyers unwilling to budget time for a detailed inspection given the wide range of build years.

The market around Magnolia Point Phase 1

Magnolia Point Phase 1 is a small community — 82 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

Across Lake County, 3,176 homes are active and 1,107 pending (26% under contract).

The housing mix here is 88% single family residence, 6% townhouse, 4% ?.

ZIP and county figures describe the wider market, not Magnolia Point Phase 1 specifically. Momentum Research analysis of MLS records.

If we were buying in Magnolia Point Phase 1 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 Magnolia Point Phase 1.

Best Buy
Buyers looking for an established Umatilla neighborhood with a mostly owner-occupied base.
Biggest Risk
A build-year range stretching from 1998 to 2019 means condition varies widely from home to home.
Sweet Spot
Homes near the median size of just under 1,944 square feet and closer to the newer end of the range.
Avoid If
You are counting on a specific community amenity that is not confirmed in current listings.

Reading the Bones of Magnolia Point

With a median year built of 2001 inside a range that runs to 2019, this is not a single-phase, single-builder subdivision where every home shares the same layout and finish level. Expect meaningful variation in kitchens, roofs, and systems age from one address to the next, which is exactly why a walkthrough matters more here than in a newer, uniform community.

Current MLS listings do not identify community amenities for Magnolia Point Phase 1. That does not mean nothing exists, but it does mean a buyer should not assume a pool, clubhouse, or recreational package is part of the deal without confirming directly through HOA documents or a local visit.

The location and the amenities are priced into every listing in Magnolia Point Phase 1. 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 community spanning two decades of construction with no amenity package confirmed on the MLS side, the details that matter are the ones buried in permits, HOA disclosures, and prior listing history. We pull that record before you write an offer, not after.

Magnolia Point Phase 1 in 15 seconds.

Best forBuyers looking for an established Umatilla neighborhood with a mostly owner-occupied base.
Biggest advantageA high homestead share signals stability in ownership turnover rather than investor-driven churn.
Biggest riskA build-year range stretching from 1998 to 2019 means condition varies widely from home to home.
Sweet spotHomes near the median size of just under 1,944 square feet and closer to the newer end of the range.
Avoid ifYou are counting on a specific community amenity that is not confirmed in current listings.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Magnolia Point Phase 1 sales matched to your home.

What is your Magnolia Point Phase 1 home worth?

Get a no-obligation home value based on real comparable sales in Magnolia Point Phase 1, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Magnolia Point Phase 1?
The Florida DOR 2025 assessment roll shows 334 homes plus 1 vacant residential lots in Magnolia Point Phase 1 (public records).
What share of Magnolia Point Phase 1 is owner-occupied?
72% of Magnolia Point Phase 1 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Magnolia Point Phase 1 built?
Homes in Magnolia Point Phase 1 were built between 1998 and 2019, with a median year built of 2001 (FL DOR 2025 roll).
Who is the best real estate agent for Magnolia Point Phase 1?
The best agent for Magnolia Point Phase 1 is one who actively works Umatilla 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 Point Phase 1.
How do I find a top Umatilla real estate agent who knows Magnolia Point Phase 1?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Magnolia Point Phase 1 and the wider Umatilla area.
Can Momentum Realty connect me with an agent for Magnolia Point Phase 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Magnolia Point Phase 1 purchase or sale - no call center and no pressure.
Buyers who want an established neighborhood with a track record of owner occupancy rather than rapid turnover.Excellent fit
Buyers comfortable evaluating each home on its own condition rather than relying on uniform new construction.Excellent fit
Buyers whose priority is home size and layout near the median footprint over a confirmed amenity package.Excellent fit
Buyers who require a guaranteed pool, clubhouse, or recreational amenity as part of the purchase decision.Probably not
Buyers who want only newer construction without older-era homes in the same community mixed in.Probably not
Buyers unwilling to budget time for a detailed inspection given the wide range of build years.Probably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (13 streets, ZIP 32784/34711))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2004 (43 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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