Magnolia Bay is a gated community of approximately 40 homes on the north western shore of Johns Lake. Located on Island Blvd., or Magnolia Island Blvd the community is very secluded and has a shaded entrance that is really attractive. Right next to it is Magnolia Island.
Magnolia Bay is a luxury home community. The area which it is in is changing and improving. Just to the north is Colonial Drive and the convenience stores that we have all grown accustomed to like Publix Supermarket etc.
In the previous three years 12 homes in this community have sold. The lakefront homes have sold for prices ranging from $531,000 to $772,000. The community homes (non-lakefront) have sold for $367,000 to $630,000. The homes in Magnolia Bay were built between 1994 and 2008.
Magnolia Bay seldom has homes for sale. The reasons are the size of the community and the value. There are not many places you can get lakefront homes on Johns Lake for under one million. Clermont however has several very nice lakes which occasionally have homes for sale for under the one million dollar mark. The non lakefront homes in Magnolia Bay are not only nice homes but this community is really beautiful. From the moment you pull up to either Magnolia Bay or Island you are impressed.
If you are seriously looking to buy a home in the next 6-9 months I suggest you contact us. We already know the area well and after speaking with you we can help you narrow down your choices to a manageable number. Your tastes may change and so may your budget but we will be with you till you successfully close. Hopefully, a Magnolia Bay home for sale will be there waiting for you.