Neighborhood · Winter Park, Florida
Lake Knowles Terrace
Quiet lakeside living minutes from downtown Winter Park
3
Homes for sale
$1,695,000
Median list price
$541
Avg price / sqft
51
Median days on market
Lake Knowles Terrace is a small, established pocket of Winter Park where mature tree canopy and lakeside lots set the tone. It sits within easy reach of the neighborhoods that define the area's character, from the walkable shops of Hannibal Square to the leafy streets of Winter Park Pines, and it feeds the well-regarded Winter Park High, Maitland Middle, and Lakemont Elementary schools. Downtown Orlando is about 26 minutes away, with MCO and Universal both roughly 37 minutes out.
This is a low-inventory, high-price corner of the market. There are just 3 active listings, with a median list price of $1,695,000 and homes ranging from $1,040,000 up to $2,549,000. Over the past year 12 homes sold at a median of $1,300,000, and sellers are collecting about 97% of asking — so serious buyers should come prepared, though the 51-day median on market leaves room to negotiate on the right property.
Lake Knowles Terrace is a community in Winter Park, Florida.
Quick facts
$1,040,000 – $2.5M price range
3,174 sqft median home
$8,700/mo median rent
12 sold in 12 months
Drive times
On the market now
Homes for sale in Lake Knowles Terrace
$2,549,000
1823 SUNSET DRIVE, WINTER PARK
5 bd · 4.5 ba · 3,479 sqft
$1,695,000$1,750,000
1420 MAGNOLIA AVENUE, WINTER PARK
4 bd · 3.5 ba · 3,174 sqft
$1,040,000$1,070,000
1611 CHESTNUT AVENUE, WINTER PARK
4 bd · 4 ba · 2,916 sqft
Every active listing inside the Lake Knowles Terrace boundary
Open full map search →Find your fit
Browse Lake Knowles Terrace
By feature — on the live map
Where the market lives
The numbers that matter
The Lake Knowles Terrace market
12
Sold, last 12 months
$1,300,000
Median sold price
97%
Sale-to-list ratio
What sellers actually get vs asking
20 days
Median time to sell
Lake Knowles Terrace vs Winter Park
Median list price
Price per sqft
Days on market
Median sold price — 3-yr, 3-mo rolling
▼ 3.0% yr/yr
Homes sold per month
Live Stellar MLS data — every listing and closed sale inside the Lake Knowles Terrace boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Lake Knowles Terrace is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Lake Knowles Terrace home
≈ $9,440/mo
$1,695,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$8,700/mo
Median rent
Homes for rent inside the boundary
Population
1,017
Median age
49
Median income
$193,750
Median home value
$808,200
Beyond the listings
Living in Lake Knowles Terrace
Pieces of History
You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.
Appearance oriented
Top 22% in the U.S.Fitness Fashion
Workout clothes aren't just for working out anymore. This population enjoys wearing name-brand athletic apparel for fashion and functional purposes.
Hobbies & Interests
Green Thumb
From tiny sprouts and window plants, to flower arrangements and designing a landscape, this population has an affinity for all things green.
Active
Fitness Obsession
Passionate about strength training, this population relies heavily on the encouragement of the exercise community. While these people seek the latest fitness techniques, they're also interested in supplements and equipment.
Food & Drink
Trendy Eats
Meals are a social experience, and these foodies take it to the next level. This population can't wait to snap a pic of their plate and share it before chowing down.
Food & Drink
Sweet Treats
This population has a sweet tooth, and they're looking for treats to satisfy their sugar craving, including candy, cupcakes and flavorful toppings.
Straight answers
Lake Knowles Terrace FAQs
Is Lake Knowles Terrace a good place to live?+
It's a quiet, established Winter Park neighborhood with mature streets and strong school assignments — Winter Park High, Maitland Middle, and Lakemont Elementary. You're close to walkable areas like Hannibal Square and about 26 minutes from downtown Orlando, which makes it appealing for families and professionals alike.
Is Lake Knowles Terrace expensive?+
Yes — this is a premium pocket where every active listing is over $1 million. The median list price is $1,695,000, and homes currently range from $1,040,000 to $2,549,000.
What do homes cost in Lake Knowles Terrace?+
Over the past 12 months, 12 homes sold at a median price of $1,300,000. Current listings run higher at a $1,695,000 median, working out to about $541 per square foot for a typical 3,174-square-foot home. For a broader look, browse nearby Winter Park Pines.
How is the market right now?+
Inventory is thin with just 3 active listings, and sellers are getting about 97% of their asking price. Homes take a median of 51 days to sell, so there's some breathing room to negotiate, but well-priced properties move. Comparable options exist around Lake Killarney if nothing here fits.
What about HOA fees and property taxes?+
There's no significant HOA reported for this neighborhood, which is a plus for buyers watching monthly carrying costs. Property taxes run a median of about $3,590 per year, and if you're considering renting, the median rent here is around $8,700 per month.
Keep exploring
More Winter Park neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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