magnolia terrace ph i
Homes for Sale in Montverde, FL

Community in Montverde · Lake County
169 homesBuilt 1920–2022
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data22 years of closingsFL DOR public recordsUpdated twice daily
Live · magnolia terrace ph i Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
79%
Owner-occupied · magnolia terrace ph i
135 of 170 parcels homesteaded (FL DOR 2025)
21%
Non-owner-occupied · magnolia terrace ph i
incl. 4% trust or LLC-held · 2% out-of-state
67%
Cash buyers · magnolia terrace ph i
2 of 3 sales, 12 mo ending June 2025
169
Homes in the community
plus 1 vacant residential lots · 170 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1920
Community established
homes built 1920-2022, median 2002 (FL DOR 2025)
2
Failed listings · 2026
peaked at 6 in 2008
0.6%/yr
Turnover rate
about 1 of 169 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Magnolia Terrace Ph I is a small pocket of 169 homes in Montverde with a wide construction span, from 1920 through 2022, but the median build year of 2002 tells you most of the stock clustered in the early 2000s. That mix means condition and updates, not just square footage, will do most of the work in setting value here. A 1920s home and a 2022 home sitting on the same street are not comparable products even if the tax roll treats them similarly.

With only one closing recorded in the current window, this is a thin market to read. That is not a red flag on its own in a small enclave like this, but it does mean pricing conclusions should lean on the broader Montverde and Lake County comps rather than on Magnolia Terrace transactions alone. Anyone pricing a listing or writing an offer here should treat the neighborhood data as directional, not definitive.

Best for

  • Buyers who want a larger single-family home and are comfortable evaluating condition property-by-property rather than by neighborhood averages.
  • Buyers planning to occupy the home as a primary residence, consistent with the area's high homestead share.
  • Buyers who don't need on-site community amenities and are focused on the home and lot itself.

Probably not for

  • Buyers who want a community built around shared amenities like a pool, clubhouse, or organized recreation.
  • Buyers who want to lean heavily on recent local sales data before setting a price, given the thin closing volume here.
  • Buyers seeking a uniform housing stock with consistent construction era and systems age across the neighborhood.

The market around magnolia terrace ph i

magnolia terrace ph i is a small community — 44 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).

Homes here are single family residence.

ZIP and county figures describe the wider market, not magnolia terrace ph i specifically. Momentum Research analysis of MLS records.

If we were buying in magnolia terrace ph i 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 terrace ph i.

Best Buy
Buyers seeking a larger single-family footprint in Montverde without a packaged amenity community attached.
Biggest Risk
The century-wide build range means condition and systems age vary sharply from one listing to the next.
Sweet Spot
Homes built closer to the 2002 median tend to offer a more predictable balance of space and system age.
Avoid If
You want a community with organized amenities or you need recent local comps to lean on for pricing confidence.

A wide build range on a small footprint

The defining fact about this community is its build-year spread: homes here date from 1920 to 2022, with a median of 2002. That century-plus range is unusual for a single named community and means buyers need to look past the neighborhood label and evaluate each property on its own construction era, systems age, and renovation history. A home built in the 1920s carries a different maintenance and inspection conversation than one built in 2022, even if both carry the same address.

No community amenities were identified from current MLS listings, so this reads as a residential footprint rather than an amenity-driven development. At a median 2,692 square feet, the homes lean toward larger single-family layouts, which fits Montverde's broader pattern of spacious lots rather than dense, amenity-packed subdivisions.

The location and the amenities are priced into every listing in magnolia terrace ph i. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

With only one closing in the current window, Magnolia Terrace Ph I is not a community where you can rely on a quick automated pull or a handful of recent sales. We cross-reference the wider Montverde and Lake County market to build a defensible price opinion, and we walk each home's build era and condition into that analysis rather than treating the neighborhood as a single uniform product.

magnolia terrace ph i in 15 seconds.

Best forBuyers seeking a larger single-family footprint in Montverde without a packaged amenity community attached.
Biggest advantageThe median living area of 2,692 square feet points to homes with real room to spread out.
Biggest riskThe century-wide build range means condition and systems age vary sharply from one listing to the next.
Sweet spotHomes built closer to the 2002 median tend to offer a more predictable balance of space and system age.
Avoid ifYou want a community with organized amenities or you need recent local comps to lean on for pricing confidence.

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 terrace ph i sales matched to your home.

What is your magnolia terrace ph i home worth?

Get a no-obligation home value based on real comparable sales in magnolia terrace ph i, 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 homes for sale in magnolia terrace ph i on the map →

Real comps, not an automated estimate.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Lake County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,182/mo
Lake County typical true cost to own
$146/mo
Lake County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

Frequently Asked Questions

How many homes are in magnolia terrace ph i?
The Florida DOR 2025 assessment roll shows 169 homes plus 1 vacant residential lots in magnolia terrace ph i (public records).
What share of magnolia terrace ph i is owner-occupied?
79% of magnolia terrace ph i parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in magnolia terrace ph i built?
Homes in magnolia terrace ph i were built between 1920 and 2022, with a median year built of 2002.0 (FL DOR 2025 roll).
Do cash buyers compete in magnolia terrace ph i?
Cash buyers took 67% of magnolia terrace ph i sales in the 12 months ending June 2025 (2 of 3 closings, Stellar MLS).
Who is the best real estate agent for magnolia terrace ph i?
The best agent for magnolia terrace ph i is one who actively works Montverde 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 terrace ph i.
How do I find a top Montverde real estate agent who knows magnolia terrace ph i?
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 terrace ph i and the wider Montverde area.
Can Momentum Realty connect me with an agent for magnolia terrace ph i?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your magnolia terrace ph i purchase or sale - no call center and no pressure.
Buyers who want a larger single-family home and are comfortable evaluating condition property-by-property rather than by neighborhood averages.Excellent fit
Buyers planning to occupy the home as a primary residence, consistent with the area's high homestead share.Excellent fit
Buyers who don't need on-site community amenities and are focused on the home and lot itself.Excellent fit
Buyers who want a community built around shared amenities like a pool, clubhouse, or organized recreation.Probably not
Buyers who want to lean heavily on recent local sales data before setting a price, given the thin closing volume here.Probably not
Buyers seeking a uniform housing stock with consistent construction era and systems age across the neighborhood.Probably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (4 streets, ZIP 34711/34756))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2004 (40 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?

You just read the data. Now see what your home is worth.

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 your area comps.

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CallFree valuation →
Thinking of selling in magnolia terrace ph i? 1 recorded closings (window ending 2026-07-15). See the Lake County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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