Montverde Magnolia Terrace Ph 02 Lt 01
Homes for Sale in Montverde, FL

Community in Montverde · Lake County
61 homesBuilt 2002–2022
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Built fromLive Stellar MLS data10 years of closingsFL DOR public recordsUpdated twice daily
Live · Montverde Magnolia Terrace Ph 02 Lt 01 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
81%
Owner-occupied · Montverde Magnolia Terrace Ph 02 Lt 01
50 of 62 parcels homesteaded (FL DOR 2025)
19%
Non-owner-occupied · Montverde Magnolia Terrace Ph 02 Lt 01
incl. 3% trust or LLC-held · 3% out-of-state
0%
Cash buyers · Montverde Magnolia Terrace Ph 02 Lt 01
0 of 3 sales, 12 mo ending June 2026
61
Homes in the community
plus 1 vacant residential lots · 62 residential parcels (FL DOR 2025)
Track record · 10 years of records
Est. 2002
Community established
homes built 2002-2022, median 2004 (FL DOR 2025)
1
Failed listings · 2026
peaked at 2 in 2018
3.3%/yr
Turnover rate
about 2 of 61 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

This is a small pocket of 61 homes in Montverde, and price here is driven far more by condition and individual home than by any single formula. The homes span construction from 2002 to 2022, with the middle of the pack built around 2004, so you are largely looking at early-2000s product with a handful of newer builds mixed in. That age spread means the gap between an updated home and one that has been left alone can be wide, and it will show up in what a home fetches.

With homes generally in the range of 2,827 square feet at the midpoint, this is a larger-home community, not a starter enclave. A homestead share above 80% tells you turnover is limited and most owners are staying put, which keeps available inventory thin. For a seller, that scarcity works in your favor on a well-prepared home; for a buyer, it means patience and a willingness to move when the right listing appears.

Best for

  • Buyers seeking a substantial home near 2,800 square feet and willing to wait for the right listing
  • Long-hold owners who value a stable, mostly owner-occupied enclave over rapid turnover
  • Buyers comfortable evaluating and budgeting for an early-2000s home that may need updates

Probably not for

  • Buyers who need a large menu of active listings to choose from right now
  • Anyone shopping for a smaller or entry-size footprint
  • Buyers wanting turnkey new construction as the norm rather than the exception

The market around Montverde Magnolia Terrace Ph 02 Lt 01

Montverde Magnolia Terrace Ph 02 Lt 01 is a small community — 8 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 Montverde Magnolia Terrace Ph 02 Lt 01 specifically. Momentum Research analysis of MLS records.

If we were buying in Montverde Magnolia Terrace Ph 02 Lt 01 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 Montverde Magnolia Terrace Ph 02 Lt 01.

Best Buy
Buyers who want a larger home in a stable, owner-occupied Lake County pocket.
Biggest Risk
Thin inventory and few comparable sales make pricing a case-by-case exercise.
Sweet Spot
A well-updated early-2000s home priced against its actual condition, not the calendar.
Avoid If
You need a fast, wide selection or a small starter footprint.

A small, owner-held pocket where condition sets the number

The defining feature here is size and stability. At roughly 2,827 square feet through the middle, these are full-size homes, and with a homestead share north of 80%, the community is dominated by long-term owners rather than rentals or quick flips. That combination usually means homes are maintained but not always modernized, so the condition and updates of any specific property matter more than a neighborhood average.

The build range from 2002 to 2022 is worth reading carefully. A median build year of 2004 means most of the stock is now two decades old, and buyers should budget attention for the systems and finishes typical of that era — roofs, HVAC, and kitchens. The newer homes closer to 2022 will command a premium, but they are the exception, not the rule. There is no tight price band here; expect a wide spread tied to what each home has and has not had done.

The location and the amenities are priced into every listing in Montverde Magnolia Terrace Ph 02 Lt 01. 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 61-home community with thin turnover, there is no deep pool of comparable sales to lean on, so pricing comes down to reading condition, updates, and build year against a scarce set of recent activity. We do that homework property by property rather than applying a blanket per-foot number, which protects sellers from underpricing an updated home and keeps buyers from overpaying for an older one dressed up well.

Montverde Magnolia Terrace Ph 02 Lt 01 in 15 seconds.

Best forBuyers who want a larger home in a stable, owner-occupied Lake County pocket.
Biggest advantageLow turnover and a high homestead share keep the community quiet and consistent.
Biggest riskThin inventory and few comparable sales make pricing a case-by-case exercise.
Sweet spotA well-updated early-2000s home priced against its actual condition, not the calendar.
Avoid ifYou need a fast, wide selection or a small starter footprint.

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 Montverde Magnolia Terrace Ph 02 Lt 01 sales matched to your home.

What is your Montverde Magnolia Terrace Ph 02 Lt 01 home worth?

Get a no-obligation home value based on real comparable sales in Montverde Magnolia Terrace Ph 02 Lt 01, 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 Montverde Magnolia Terrace Ph 02 Lt 01?
The Florida DOR 2025 assessment roll shows 61 homes plus 1 vacant residential lots in Montverde Magnolia Terrace Ph 02 Lt 01 (public records).
What share of Montverde Magnolia Terrace Ph 02 Lt 01 is owner-occupied?
81% of Montverde Magnolia Terrace Ph 02 Lt 01 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Montverde Magnolia Terrace Ph 02 Lt 01 built?
Homes in Montverde Magnolia Terrace Ph 02 Lt 01 were built between 2002 and 2022, with a median year built of 2004 (FL DOR 2025 roll).
Do cash buyers compete in Montverde Magnolia Terrace Ph 02 Lt 01?
Cash buyers took 0% of Montverde Magnolia Terrace Ph 02 Lt 01 sales in the 12 months ending June 2026 (0 of 3 closings, Stellar MLS).
Who is the best real estate agent for Montverde Magnolia Terrace Ph 02 Lt 01?
The best agent for Montverde Magnolia Terrace Ph 02 Lt 01 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 Montverde Magnolia Terrace Ph 02 Lt 01.
How do I find a top Montverde real estate agent who knows Montverde Magnolia Terrace Ph 02 Lt 01?
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 Montverde Magnolia Terrace Ph 02 Lt 01 and the wider Montverde area.
Can Momentum Realty connect me with an agent for Montverde Magnolia Terrace Ph 02 Lt 01?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Montverde Magnolia Terrace Ph 02 Lt 01 purchase or sale - no call center and no pressure.
Buyers seeking a substantial home near 2,800 square feet and willing to wait for the right listingExcellent fit
Long-hold owners who value a stable, mostly owner-occupied enclave over rapid turnoverExcellent fit
Buyers comfortable evaluating and budgeting for an early-2000s home that may need updatesExcellent fit
Buyers who need a large menu of active listings to choose from right nowProbably not
Anyone shopping for a smaller or entry-size footprintProbably not
Buyers wanting turnkey new construction as the norm rather than the exceptionProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 34756))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2016 (17 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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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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