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LOT 51 MAGNOLIA TERRACE

Lots/Land Recently Sold
$190,000

BTC: 2.96875000

ETH: 106.74157303

Sold on: 2023-10-27
10 days
0 room(s)

Overview

Welcome to a one-of-a-kind opportunity in the heart of Montverde, Florida! Nestled within the highly sought-after community of Magnolia Terrace, this extraordinary vacant lot offers an expansive canvas for your imagination to run wild. With a sprawling 0.81 acres of high and dry land, it's a rare gem in the real estate world. Imagine designing and building the home you've always envisioned, tailored to your unique tastes and preferences. With this generous lot size, your dream home can come to life in this very convenient and highly desired location. BUT WAIT, THERE'S MORE! For those seeking even more space and possibilities, you have the option to combine this lot with the adjacent 5BR, 4BA, 3900 SF pool home on 0.9 acres listed under MLS ID G5072276. The synergy of these two properties totaling 1.71 acres opens up limitless opportunities. This property boasts a location that truly defines convenience. Less than a mile away from downtown Montverde and the esteemed Montverde Academy, you'll have quick access to education and local amenities. Adjacent to the renowned Bella Collina, you'll be surrounded by elegance and upscale living. Plus, easy access to the Turnpike and a short drive to historic Clermont and downtown Winter Garden ensure that you're always connected to the best Central Florida has to offer. With this being the last available buildable lot in the coveted Magnolia Terrace community and the chance to combine it with an impressive pool home, it won't stay on the market for long. Schedule your appointment today, and seize the chance to create your own Montverde masterpiece before it's too late!

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.81 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
$600

Valuation

Our model vs. what's actually selling nearby.
Estimate
$277,000
$123K – $804K
Confidence Low
List vs. estimate
$52K below estimate
List $225,000 · -18.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,500
2022
HOA
$600/yr
Pets
Allowed
All facts and features
  • Lot

    • Lot: 0.81 Acres

    Other Property Information

    • Parcel Number: 112226130000005101

  • Type and style

    • Property Type: Land

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Available

    • Natural Gas Available

    • Phone Available

    • Public

    • Street Lights

    • Underground Utilities

    • Water Available

  • Other financial information

    • HOA: $600

    • HOA Frequency: Annually

    • Annual tax amount: $1,500

  • Source details

    • MLS ID: G5072282

    Other facts

    • Lot Features: Buildable

    • Direction Faces: South

    • Water Source: Public

    • Lot Size Dimensions: 340 x 100

    • Subdivision Name: MAGNOLIA TERRACE

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: KELLER WILLIAMS ELITE PARTNERS III REALTY