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Lot 51 Magnolia Terrace, Montverde, FL 34756
$190,000
Lot 51 Magnolia Terrace, Montverde, FL 34756View this property at Lot 51 Magnolia Terrace, Montverde, FL 34756
Lot 51 Magnolia TerraceMontverdeFL34756
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Property Description
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!
Full Property Details
Full Property Details for Lot 51 Magnolia Terrace
General
- Sold For: $190,000
- HOA FEE: $50/month
- HOA FEE FREQ.: Annually
- Taxes: $1,500 (2022)
- Status: Closed
- Type: Lots/Land
- MLS ID: G5072282
- Added to Site: 220 day(s) ago
Location
- Area: 34756 - Montverde
- County: Lake
- Development Name: 34756 - Montverde
- Subdivision: MAGNOLIA TERRACE
- Driving Directions: From Florida Turnpike, Exit 272/SR 50, go West on SR-50 toward Clermont, Right on CR-455, through the round-abouts toward Montverde, Left on Ridgewood, Left at 2nd Magnolia Terrace entrance, property will be on your left.
- Direction Faces: South
Community
- Community Name: 34756 - Montverde
- Association: Yes
- Assoc. Name: Magnolia Terrace HOA
- Pet Restrictions: Pet restrictions have not been verified. It is buyer's responsibility to verify pet restrictions with the HOA.
Utilities
- Sewer: Septic Needed
- Water: Public
- Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Available, Natural Gas Available, Phone Available, Public, Street Lights, Underground Utilities, Water Available
Structural Information
- Current Bldg. Use: Residential
Lot Features
- Lot Size (Acres): 0.81
- Lot Size (Sq. Ft.): 35,284
- Lot Dimensions: 340 x 100
- Frontage: City Street
- Street/Road Desc.: Asphalt
- Lot Features: Buildable
Financial Considerations
- Price Per Acre: $234,568
- Association Fee: $600
- Assoc Fee Freq.: Annually
- Assoc Fee Desc.: Required
- Tax Amount: $1,500
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: MONTVERDE, MAGNOLIA TERRACE PHASE I SUB PB 43 PG 45-47 LOT 51 ORB 2252 PG 2423 ORB 3584 PG 881
- Flood Zone Info: X
- Disclosures/Reports: HOA/PUD/Condo Disclosure, Seller Property Disclosure
- APN: 11-22-26-1300-000-05101
- Property ID: 11-22-26-1300-000-05101
Listed by Keller Williams Elite Partners Iii Realty
Sold by Terza Real Estate
Get Pre-Approved Today
Schools
Schools serving Lot 51 Magnolia Terrace
Rating | Name | Grades | Distance |
---|---|---|---|
13636 Education Ave, Minneola, FL 34715 | K-5 | 2.7 mi | |
320 E Pearl St, Minneola, FL 34715 | PK-8 | 3.4 mi | |
456 E Oakland Ave, Oakland, FL 34760 | K-5 | 4.6 mi | |
13201 Excalibur Rd, Clermont, FL 34711 | 6-8 | 4.1 mi | |
1200 W Bay St, Winter Garden, FL 34787 | 6-8 | 5.3 mi | |
3575 Hancock Rd, Clermont, FL 34711 | 6-8 | 5.4 mi | |
101 N Hancock Rd, Minneola, FL 34715 | 9-12 | 2.2 mi | |
13322 Excalibur Rd, Clermont, FL 34711 | 9-12 | 3.9 mi | |
Westside Technical Center
955 E Story Rd, Winter Garden, FL 34787 | 12-12 | 7.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for Lot 51 Magnolia Terrace
Date
Details
Price
Change
Source
10/27/2023
Sold
$190,000
-15.56%
MLS
9/20/2023
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Lot 51 Magnolia Terrace, Montverde, FL 34756 (MLS# G5072282) is a Lots/Land property that was sold at $190,000 on October 27, 2023. Want to learn more about Lot 51 Magnolia Terrace? Do you have questions about finding other Lots/Land real estate for sale in Montverde? You can browse all Montverde real estate or contact a Coldwell Banker agent to request more information.