Magnolia Terrace
Magnolia Terrace Living: Local Insights & FAQs
To help you make informed decisions, we've compiled answers to some of the most commonly asked questions.
Where is Magnolia Terrace in Montverde?
Magnolia Terrace is off Ridgewood Avenue and Lake Street, near Lake Florence, inside Town of Montverde limits in Lake County.
What types of homes are in Magnolia Terrace?
Single-family homes on 130 homesites, mostly built from 2001 to 2005 according to Lake County property records. Based on MLS listings and sales from the past two years, homes range from about 2,390 to 3,640 square feet with 3 to 6 bedrooms, on a median lot of about 0.6 acre.
How much do homes cost in Magnolia Terrace?
Over the past two years (MLS data, October 2026), homes in Magnolia Terrace sold for a median of about $730,000, with most between about $575,000 and $825,000. For today's listings, see the top of this page.
What are the HOA fees in Magnolia Terrace?
Published dues figures for Magnolia Terrace don't agree, so confirm the current amount with Magnolia Terrace Homeowners Association, Inc. No community development district (CDD) turned up in our research, but check the property tax bill for any special assessments.
What schools serve Magnolia Terrace?
Lake County Schools' 2026-27 school zones place Magnolia Terrace in Minneola Horizon K-8 (elementary and middle grades) and Lake Minneola High School.
Zoning can change and varies by street, so confirm a specific address with Lake County Schools' school locator, and compare school grades in the Florida School Accountability Reports.
Is Magnolia Terrace on a lake?
Magnolia Terrace is next to Lake Florence, according to Lake County GIS data. Not every home has lake frontage or views, so check the specific lot.
Can you rent homes in Magnolia Terrace short term?
No Magnolia Terrace-specific rental rules turned up in our research. HOA documents often limit leasing, so confirm the current rules with the association before buying if you plan to rent.
