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Lake County › Montverde › Magnolia Terrace
Magnolia Terrace, Montverde
Magnolia Terrace is a 2000s neighborhood in southwest Montverde, in the 34756 zip code. Homes are block and stucco, predominantly single story. Most homes fall between about 2,400 and 3,800 square feet under air, the median lot is roughly half an acre, and a three car garage is standard.
Homes here carry an HOA, billed annually, typically around $400. Confirm the figure on a specific parcel before relying on it.
The neighborhood was platted in three phs, which is why listings appear under Magnolia Terrace, Magnolia Terrace Ph 1 and Phase 2. They are one community and they trade as one market.
What the homes are
- Built Essentially all built in the 2000s.
- Construction Block and stucco. Shingle roofs are near universal.
- Style Contemporary, Florida, Traditional. Predominantly single story.
- Size Most homes fall between about 2,400 and 3,800 square feet under air.
- Bedrooms Four bedrooms is the most common plan, then five.
- Garage A three car garage is standard.
- Lot The median lot is roughly half an acre.
- HOA Billed annually, typically around $400. Confirm on a specific parcel before relying on it.
Where Magnolia Terrace is
Drive times below are measured on the road network from the center of Magnolia Terrace, not straight-line distance, in free-flowing traffic. Treat them as the floor rather than the school-run average.
| Driving to | Time | Miles |
|---|---|---|
| Downtown Orlando | 33 min | 24.5 |
| Walt Disney World | 38 min | 31.5 |
| AdventHealth Waterman | 34 min | 20.5 |
| Downtown Mount Dora | 37 min | 22.4 |
Public schools nearby
- Lake Minneola High School 10 min, 3.9 mi
- Grassy Lake Elementary School 10 min, 4.2 mi
Private schools nearby
- Montverde Academy 2 min, 0.7 mi
- Minneola Hills, K-8 Academy 11 min, 4.6 mi
- Pinecrest Lakes Academy 9 min, 4.0 mi
- Pinecrest Lakes Academy Middle High 11 min, 5.2 mi
Parks and recreation
- Lake Florence Park 5 min, 1.5 mi
- Kirk Park 4 min, 1.4 mi
- Truskett Park 6 min, 1.8 mi
- Ferndale Preserve 7 min, 3.6 mi
Groceries and errands
- Publix Super Market at Hills Crossing 7 min, 2.9 mi
- Publix Super Market at East Towne Center 10 min, 4.3 mi
- Armazém X Clermont 9 min, 4.6 mi
- SC Foods 10 min, 5.1 mi
Nearest is not the same as zoned. The schools above are the closest ones to Magnolia Terrace by distance. School attendance zones are set by the district, change from year to year, and can differ street to street inside one neighborhood. Confirm the assignment for a specific address with Lake County Public Schools before it matters to a decision.
Places and drive times from Google, checked 12 September 2026. Businesses open and close; if something here has changed, tell me and I will correct it.
This page tracks what homes in Magnolia Terrace actually sold for over the last twelve months, how long they took, and what moved the price. It is built from 4 verified closed sales in the Stellar MLS feed, not from public estimates. Every figure is a net-of-concessions number, which is explained at the bottom. Updated September 2026.
Read this one loosely. Fewer than eight homes closed here in the last year, so every median on this page rests on a small sample and can swing on a single sale.
What homes sold for in Magnolia Terrace
Sale prices ran from $575,000 to $810,000, which is a wide spread and the reason a single neighborhood median is a starting point rather than an answer.
By size
| Home size | Sales | Median price | Median $/sq ft | Median days |
|---|---|---|---|---|
| 2,000 to 3,000 sq ft | 4 | $692,500 | $253 | 16 days |
Larger homes usually show a lower price per square foot. That is normal and it is why a price per foot taken from the whole neighborhood should never be applied straight to one house.
Seller concessions
A seller credit covers part of the buyer's closing costs and comes off the seller's proceeds, so the headline sale price overstates what the seller kept. Budget for it if you are selling, and ask for it if you are buying.
How buyers paid
Cash was 0% of purchases. A high cash share means a seller has buyers who do not depend on an appraisal, and a buyer using a loan is competing against offers that can close faster.
Questions about a specific home in Magnolia Terrace, or want to know what yours would sell for?
Call or text Brenden Rendo at 407-616-9019 or send a message.
About this data. Source is the Stellar MLS feed for Magnolia Terrace in Montverde, Lake County, covering closed sales from 17 September 2025 through 12 September 2026, refreshed monthly and current as of September 2026. Prices are net of seller concessions, so they reflect what the seller actually received rather than the headline number. Data believed accurate but not guaranteed; listings and closings change daily.