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$310,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,592 Sq. Ft.
  • Updated 2 days ago
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This 3-bedroom, 2-bath split-plan home sits on over a half-acre and offers the perfect combination of comfort, style, and space. Recent IMPROVEMENTS include a NEW HVAC system (2026) and a ROOF REPLACED IN 2021 for added peace of mind. MOST OF HOME FRESHLY PAINTED. The updated kitchen features Cambria quartz countertops, solid wood cabinetry, stainless steel appliances, and a designer tile backsplash. Both bathrooms have been tastefully updated, and energy-efficient double-pane windows are installed throughout the home, including the enclosed lanai. Step outside to a spacious, fully fenced backyard with plenty of room for entertaining, pets, or future additions. Conveniently located near shopping, dining, and everyday amenities, this home is ready for its new owners. Schedule your private showing today!

Full Property Details for 5118 Magnolia Terrace

General

  • Price: $310,000
  • Taxes: $3,555 (2025)
  • Status: Active
  • Type: Single Family
  • Source: MidFloridaRegionalMLS
  • MLS ID: G5115454
  • Updated: 7/24/2026
  • Added to Site: 3 day(s) ago

Rental Information

  • Min. Lease: No Minimum

Interior

  • Number of Rooms: 8
  • Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Primary Bedroom Main Floor, Split Bedroom, Stone Counters
  • Fireplace: Yes
  • Fireplace(s): Living Room, Wood Burning
  • Appliances: Dishwasher, Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Carpet, Ceramic Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Garage

Exterior

  • Exterior Features: Other
  • Deck/Patio: Enclosed, Rear Porch
  • Porch/Patio/Deck: Enclosed, Rear Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Oversized

Location

  • Area: 34731 - Fruitland Park
  • County: Lake
  • Development Name: 34731 - Fruitland Park
  • Subdivision: KINGS COVE SUB 2ND ADD
  • Driving Directions: 441/27 NORTH, RIGHT ON PICCIOLA, LEFT ON TWIN PALMS, RIGHT ON MAGNOLIA TERRACE
  • Direction Faces: Northeast

Community

  • Community Name: 34731 - Fruitland Park
  • Pet Restrictions: AS PER LAKE COUNTY GUIDELINES

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: BB/HS Internet Available, Cable TV Available

Structural Information

  • Architectural Info: Contemporary
  • Architectural Style: Contemporary
  • Exterior Const.: Brick
  • Roof: Shingle
  • Stories/Levels: One
  • Square Feet: 1,592
  • Sq. Ft. Source: Public Records
  • Year Built: 1980

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Property View: Trees/Woods
  • Lot Size (Acres): 0.5
  • Lot Size (Sq. Ft.): 21,815
  • Lot Size: 21815
  • Lot Dimensions: 117 x 174
  • Frontage: Street Paved
  • Street/Road Desc.: Paved

Financial Considerations

  • Tax Amount: $3,555.16
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: KING'S COVE SUB SECOND ADD LOT 3 PB 24 PG 31 ORB 5231 PG 1528
  • Flood Zone Info: X
  • APN: 11924015000000300
  • Property ID: 11924015000000300

Listed by Morris Realty and Investments

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— 5118 Magnolia Terrace —

  • Morris Realty and Investments

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5118 Magnolia Terrace

School District:Lake County School District
NameGradesDistance
Beverly Shores Elementary School
1108 Griffin Road, Leesburg, FL 34748
PK-52.1 mi
Carver Middle School, Leesburg, FL
1200 Beecher Street, Leesburg, FL 34748
6-82.7 mi
Leesburg High School
1401 Yellow Jacket Way, Leesburg, FL 34748
9-123.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5118 Magnolia Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/24/2026
Listed
$310,000
60.62%
MLS
1/31/2019
Sold
$193,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5118 Magnolia Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,498
—
$245,220
2%
2024
$3,498
10%
$240,450
3%
2023
$3,189
16%
$233,450
35%
2021
$2,748
-8%
$172,677
-24%
2022
$2,999
9%
$226,655
46%
2021
$2,748
125%
$155,060
65%
2019
$1,220
6%
$93,949
2%
2018
$1,155
5%
$92,198
2%
2017
$1,096
1%
$90,302
2%
2016
$1,089
-2%
$88,445
1%
2015
$1,107
—
$87,831
1%
2014
$1,109
-34%
$87,134
-1%
2013
$1,669
—
$87,626
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Morris Realty and Investments

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5118 Magnolia Terrace, Fruitland Park, FL 34731 (MLS# G5115454) is a Single Family property with 3 bedrooms and 2 full bathrooms. 5118 Magnolia Terrace is currently listed for $310,000 and was received on July 24, 2026. Want to learn more about 5118 Magnolia Terrace? Do you have questions about finding other Single Family real estate for sale in Fruitland Park? You can browse all Fruitland Park real estate or contact a Coldwell Banker agent to request more information.

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