Lake Knowles Terrace
Lake Knowles 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 Lake Knowles Terrace located?
Lake Knowles Terrace is in Winter Park around Lake Knowles and Lake Wilbar, along streets such as Lake Knowles Circle, Wilbar Circle, Palm Avenue, Chestnut Avenue and Temple Drive. It is inside City of Winter Park limits in Orange County.
What types of homes are in Lake Knowles Terrace?
Lake Knowles Terrace has single-family homes, about 280 in state parcel records, from a few 1920s houses to new construction; about 100 have been built since 2003. Based on MLS listings and sales from the past two years, homes range from about 1,110 to 4,140 square feet with 2 to 5 bedrooms.
How much do homes cost in Lake Knowles Terrace?
Over the past two years (MLS data, October 2026), homes in Lake Knowles Terrace sold for a median of about $1.1 million, with most between about $530,000 and $2.5 million. For today's listings, see the top of this page.
Is there an HOA in Lake Knowles Terrace?
No homeowners association is documented for Lake Knowles Terrace, and recent MLS listings show no HOA fee. Orange County's list of community development districts doesn't include Lake Knowles Terrace, but check the property tax bill for any special assessments.
What schools serve Lake Knowles Terrace?
Orange County Public Schools' 2026-27 school zones place most of Lake Knowles Terrace in Lakemont Elementary, Maitland Middle and Winter Park High School; some homes in the Magnolia Avenue and Hibiscus Avenue area are zoned for Dommerich Elementary instead.
Zoning can change and varies by street, so confirm a specific address with Orange County Public Schools' Find My School tool, and compare school grades in the Florida School Accountability Reports.
Are there parks on Lake Knowles?
Yes. The City of Winter Park says the land between Lake Knowles and the surrounding streets is a city park: Lake Knowles Park, about 10 acres on Lake Knowles Circle. Lake Wilbar Park, about 1.7 acres, surrounds Lake Wilbar on Wilbar Circle. The Orange Observer reported in 2017 that a lit Christmas tree had floated on Lake Knowles each year since 1965, and that neighbors took over the tradition from a local garden club around 1975.
Can you rent homes in Lake Knowles Terrace short term?
No Lake Knowles Terrace-specific rental rules turned up in our research, and no homeowners association is documented. City of Winter Park rules and any deed restrictions still apply, so confirm them before buying if you plan to rent.
