Experience the luxury of living in this 5BR, 4BA Montverde estate nestled within the coveted Magnolia Terrace Community, adjacent to Bella Collina and less than a mile from Montverde Academy. This home offers an oasis of elegance, spanning nearly 3,900 SF on a generous .91-acre lot, and a RARE opportunity to purchase the adjoining .81-acre parcel (Lot 51 – listed under MLS#G5072282), totaling an astounding 1.71-acre property. Step through grand double doors into a world of open, airy spaces, featuring hints of Spanish mission architectural influence, soaring ceilings, archways, exquisite travertine and acacia wood tile flooring, and a tasteful arcade adorning the perimeter of a private courtyard. The gourmet kitchen, graced with cream Sienna Bordeaux granite countertops, maple cabinets, and recessed LED lighting, is a culinary delight. Stainless steel appliances include a natural gas range and convection oven, making it perfect for hosting gatherings. The kitchen seamlessly flows into the spacious living room, accentuated by a stunning fossilized stone wall. Multiple entrances into the courtyard provide an organic indoor-outdoor connection. The highlight of the courtyard is an expansive natural gas heated pool featuring a built-in BADU swim jet system and an 8-foot-long natural gas fire pit, making this a perfect space for sunny days and evening gatherings. The master suite offers a private oasis, complete with a glass slider opening to the courtyard. The master bathroom boasts dual sinks, a bidet, a spacious shower with multiple showerheads, tile, marble, fossilized stone, and accent lighting. Additional features include a home office, a bonus room with courtyard access, four guest rooms with three full bathrooms, and a laundry room. Rest easy and comfortably knowing the Roof, Tankless Water Heater, and an HVAC were replaced in 2017. This gorgeous home sits on a lush and meticulously maintained corner lot in one of Montverde’s premier communities. Located just minutes from Historic Downtown Clermont and popular Downtown Winter Garden, with easy access to major highways, this home offers the perfect blend of tranquility, functionality, luxury, and location. Hurry and schedule your appointment to see it today before it is gone!
Sold for $836,000
$836,000
16525 Magnolia Terrace Blvd, Montverde, FL 34756
5beds
3,888sqft
Single Family Residence
Built in 2002
0.9 Acres Lot
$1,007,200 Zestimate®
$215/sqft
$5,735 Estimated rent
Home value
$1,007,200
$927,000 - $1.11M
$5,735/mo
Zestimate® history
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List your homeWhat's special
Bonus roomHome officePrivate courtyardSoaring ceilingsCourtyard accessExquisite travertinePopular downtown winter garden
Zillow last checked:
Listing updated:
Listed by:
Brandie Mathison-Klein 352-717-4400,
KELLER WILLIAMS ELITE PARTNERS III REALTY 321-527-5111
Bought with:
Johnny Sarantopoulos, 3301203
OLYMPUS EXECUTIVE REALTY INC
Source: Stellar MLS,MLS#: G5072276
Originating MLS: Lake and Sumter
Originating MLS: Lake and Sumter
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Dining Room, Great Room, Utility Room
Primary bedroom
- Level: First
- Dimensions: 17x12
Bedroom 2
- Level: First
- Dimensions: 15x11
Bedroom 3
- Level: First
- Dimensions: 15x11
Bedroom 4
- Level: First
- Dimensions: 15x13
Bedroom 5
- Level: First
- Dimensions: 13x11
Bonus room
- Level: First
- Dimensions: 21x12
Great room
- Level: First
- Dimensions: 22x18
Kitchen
- Level: First
- Dimensions: 12x8
Office
- Level: First
- Dimensions: 12x10
Heating
- Central, Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Convection Oven, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater
- Laundry: Inside, Laundry Room
Features
- Built-in Features, Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, High Ceilings, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
- Flooring: Tile, Travertine, Hardwood
- Doors: Outdoor Shower, Sliding Doors
- Windows: Blinds, Shutters
- Has fireplace: Yes
- Fireplace features: Gas, Outside
Interior area
- Total structure area: 5,151
- Total interior livable area: 3,888 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Garage Faces Side
- Attached garage spaces: 2
- Details: Garage Dimensions: 23x23
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Patio, Rear Porch
- Exterior features: Courtyard, Irrigation System, Outdoor Shower, Sidewalk
- Has private pool: Yes
- Pool features: Deck, Gunite, Heated, In Ground, Lap, Lighting, Outside Bath Access, Pool Alarm
Lot
- Size: 0.9 Acres
Details
- Parcel number: 112226130000005201
- Zoning: R-1
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,Courtyard
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Fire Hydrant, Natural Gas Connected, Phone Available, Public, Sprinkler Well, Street Lights, Underground Utilities, Water Connected
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: MAGNOLIA TERRACE PH 1
HOA
- Has HOA: Yes
- HOA fee: $50 monthly
- HOA name: Magnolia Terrace HOA
- HOA phone: 407-490-3233
Location
- Region: Montverde
Financial & listing details
- Price per square foot: $215/sqft
- Tax assessed value: $770,829
- Annual tax amount: $5,919
- Date on market: 9/20/2023
- Cumulative days on market: 3 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2023 | Sold | $836,000$215/sqft |
Source:  Stellar MLS #G5072276 Report a problem | ||
| 9/24/2023 | Pending sale | $836,000$215/sqft |
Source: Stellar MLS #G5072276 Report a problem | ||
| 9/20/2023 | Listed for sale | $836,000-0.5%$215/sqft |
Source: Stellar MLS #G5072276 Report a problem | ||
| 6/30/2023 | Listing removed | -- |
Source: Stellar MLS #O6080387 Report a problem | ||
| 4/27/2023 | Price change | $840,000-1.2%$216/sqft |
Source: Stellar MLS #O6080387 Report a problem | ||
| 1/20/2023 | Price change | $850,000-4.5%$219/sqft |
Source: Stellar MLS #O6080387 Report a problem | ||
| 1/4/2023 | Listed for sale | $890,000-4.2%$229/sqft |
Source: Stellar MLS #O6080387 Report a problem | ||
| 12/15/2022 | Listing removed | -- |
Source:  Engel & Volkers Report a problem | ||
| 11/20/2022 | Price change | $929,000-18.4%$239/sqft |
Source: Stellar MLS #G5060418 Report a problem | ||
| 11/1/2022 | Price change | $1,139,000-1%$293/sqft |
Source: Stellar MLS #G5060418 Report a problem | ||
| 10/7/2022 | Price change | $1,150,000-3.3%$296/sqft |
Source: Stellar MLS #G5060418 Report a problem | ||
| 9/7/2022 | Listed for sale | $1,189,000$306/sqft |
Source: Stellar MLS #G5060418 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,283 +5.2% | $770,829 +6% |
| 2024 | $11,680 +196.9% | $726,958 +161.9% |
| 2023 | $3,934 -33.5% | $277,590 -31.4% |
| 2022 | $5,919 +5.7% | $404,510 +3% |
| 2021 | $5,602 +0.7% | $392,728 +1.4% |
| 2020 | $5,563 -2.2% | $387,306 +2.3% |
| 2019 | $5,689 +3.9% | $378,599 +1.9% |
| 2018 | $5,476 | $371,540 +11% |
| 2017 | $5,476 +11.6% | $334,655 +2.1% |
| 2016 | $4,909 +0.3% | $327,772 +40.9% |
| 2015 | $4,895 +47% | $232,666 +0.8% |
| 2014 | $3,331 +6.1% | $230,820 +1.5% |
| 2013 | $3,138 +9.8% | $227,409 +8.9% |
| 2012 | $2,857 -2.4% | $208,786 -2% |
| 2011 | $2,927 -35% | $213,029 -29.5% |
| 2010 | $4,504 +0.6% | $302,349 +0.5% |
| 2009 | $4,475 +0.2% | $300,928 +0.1% |
| 2008 | $4,466 +265% | $300,628 +328.2% |
| 2007 | $1,224 -7.4% | $70,200 |
| 2006 | $1,322 +62.8% | $70,200 +65.1% |
| 2005 | $812 +16.9% | $42,525 |
| 2004 | $694 -0.8% | -- |
| 2003 | $700 +18.2% | $35,438 +18.4% |
| 2002 | $592 +11% | $29,925 +5.6% |
| 2001 | $533 | $28,350 |
Find assessor info on the county website
Neighborhood: 34756
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Nearby schools
GreatSchools rating
- 8/10Minneola Conversion Charter SchoolGrades: PK-8Distance: 3.4 mi
- 5/10Lake Minneola High SchoolGrades: 9-12Distance: 2.2 mi
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Estimated market value
$1,007,200
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Estimated market value
$1,007,200
- Florida
- Lake County
- Montverde
- 34756
- 16525 Magnolia Terrace Blvd
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