Magnolia Terrace is a larger community in Montverde Florida. It is located on the southern side of Lake Florence and both the north and south side of Ridgewood Avenue. There are approximately 125 homes/home sites in Magnolia Terrace.
Magnolia Terrace is a beautiful non-gated community. It looks like it should be gated because of the striking views and beautiful homes. There are definitely lesser communities in surrounding towns which are gated. The view of Lake Florence from the the northern portion of the community is almost surreal. Especially on a beautiful sunny day like we so often have in central Florida.
Magnolia Terrace was built between 2000 and 2005. The homes vary in size from 2,337 square feet to 4,453 square feet of living area. All of the homes look well maintained and the community is one of the nicer ones in this area. In the previous 2 years 25 of these homes have sold. They have ranged in price from $321,000 to $461,000. Homes here should be nice enough for anyone not spending a million dollars or more.
Magnolia Terrace is a great option for anyone looking for a home in this area and not wanting to pay Bella Collina prices. If you take a drive around Montverde and include this community among your stops. You may see a home you like. If you are interested in a home anywhere around Montverde Contact US. Soon there may be a Magnolia Terrace home for sale in your future.