Montverde Magnolia Terrace
Homes for Sale in Montverde, FL

Montverde Magnolia Terrace is a compact, owner-occupied enclave of substantial early-2000s homes in Lake County, where limited turnover and a mix of build years put the emphasis on the individual home rather than a going rate.

Stellar MLS sales records identify 21 homes in Montverde Magnolia Terrace that have changed hands since 2016, built between 2002 and 2021 (median 2004), with a median living area of about 2,990 sq ft and a typical 4-bedroom, 3-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.

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

In ZIP 34756, 134 homes are on the market and 21% are under contract — a steady corner of Montverde.

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

In ZIP 34756 (Montverde), 143 homes closed in the last 12 months at a median of $1.16M ($382/sq ft), up 11.7% year over year, with a median 65 days on market. Right now 81 active and 11 pending listings put supply at about 7.8 months — a buyer's market. See the live ZIP 34756 housing market and the Lake County market.

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

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.

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.

Listings in this community report association dues of about $50 per month ($600 a year) — the median AssociationFee across 4 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.