Park Lake Terrace
Homes for Sale in Orlando, FL

Park Lake Terrace sits in the older end of Orlando's housing stock, with a median year built of 1940 against homes constructed as recently as 2024, and a homestead share just under half suggesting a real mix of owner-occupied and non-homestead ownership.

Stellar MLS sales records identify 11 homes in Park Lake Terrace that have changed hands since 2005, built between 1925 and 2026 (median 1930), with a median living area of about 1,984 sq ft and a typical 4-bedroom, 3-bath layout; 91% 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.

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

In ZIP 32803, 143 homes are on the market and 20% are under contract — a steady corner of Orlando.

Across Orange County, 5,909 homes are active and 1,877 pending (24% under contract).

In ZIP 32803 (ORLANDO), 441 homes closed in the last 12 months at a median of $482K ($328/sq ft), down 4.0% year over year, with a median 30 days on market. Right now 55 active and 26 pending listings put supply at about 2.6 months - a healthy market. See the live ZIP 32803 housing market and the Orange County market.

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

• Audubon Park K8 · Elementary
• Audubon Park K-8 · Middle
• Edgewater High · High

Zoned schools reflect the assignments reported on recent Park Lake Terrace listings and can change; always confirm with Orange County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Park Lake Terrace address.

The 1910 - 2024 year-built range is the defining fact of this community. A home built in the early 20th century carries different systems, different renovation history, and different maintenance exposure than one built in the last few years, and Park Lake Terrace has both. The median living area of 1,794 square feet gives a sense of typical scale, but square footage alone won't tell you whether a home has been rewired, replumbed, or left largely original - that's a walk-through question, not a stats-sheet question.

The homestead share of 45.5% is worth sitting with. Just under half of homes carry a homestead exemption, meaning a meaningful share of the community's 282 homes are held as non-homestead property - second homes, rentals, or investment holdings. That mix can affect how quickly a given home comes to market and how it's been maintained, which is one more reason condition varies so widely here.

With only one active listing at the moment, there's no substitute for a broker who tracks this community's closed sales and off-market activity directly, rather than relying on what's currently showing. Given the year-built spread, we also walk every property with an eye toward what era of construction it represents and what that means for inspection priorities before you're under contract.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.