Neighborhood · Winter Park, Florida
Lake Knowles Terrace
Quiet lakeside streets minutes from downtown Winter Park
4
Homes for sale
$1,422,500
Median list price
$522
Avg price / sqft
33
Median days on market
Lake Knowles Terrace sits in the heart of Winter Park, a pocket of established streets where updated homes and newer builds share the same tree-lined blocks. It's close enough to Winter Park's brick-paved core to walk or bike, yet quiet enough to feel residential — and it lands you in the sought-after Lakemont Elementary, Maitland Middle, and Winter Park High zones. You're roughly 26 minutes from downtown Orlando and about 37 from MCO, so the wider region stays within easy reach. If you like the area, it's worth also touring nearby Lake Killarney and Winter Park Pines to compare.
This is a genuine luxury market: all four active listings are priced above $1M, with a median list of $1,422,500 and a range from $1,040,000 to just under $2.55M. Homes here move with intent — the median is 32.5 days on market, and over the last year sellers averaged 98% of asking. Inventory is thin, so serious buyers should watch the broader Winter Park homes for sale alongside neighboring Eastbrook and Hannibal Square to keep options open.
Lake Knowles Terrace is a community in Winter Park, Florida.
Quick facts
$1,040,000 – $2.5M price range
3,045 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
$1,150,000
1351 ONECO AVENUE, WINTER PARK
4 bd · 3 ba · 2,474 sqft
$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
$1,378,580
Median sold price
98%
Sale-to-list ratio
What sellers actually get vs asking
14 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
≈ $8,260/mo
$1,422,500 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 easy access to the downtown district's dining and shopping. Families are drawn to the Lakemont Elementary, Maitland Middle, and Winter Park High assignments, and downtown Orlando is only about 26 minutes away. It suits buyers who want a residential feel without giving up walkable amenities.
Is it expensive to buy here?+
Yes — this is a luxury market where all four current listings are priced above $1M. The median list price is $1,422,500, ranging from $1,040,000 up to about $2,549,000. It's comparable to other premium Winter Park pockets like Lake Killarney.
What do homes cost in Lake Knowles Terrace?+
Expect to pay around $522 per square foot, with a median home size near 3,045 square feet. Over the past year, 12 homes sold at a median price of $1,378,580, closely tracking the current median list price.
How is the market right now?+
Inventory is tight with just four active listings, and homes are moving at a median of 32.5 days on market. Sellers have been getting about 98% of their asking price, so well-priced homes don't sit long — come prepared to act.
What about HOA fees and property taxes?+
There's no reported HOA fee for the neighborhood, which is unusual and appealing at this price point. The median annual property tax runs about $6,657, and for those considering renting, the median rent in the area is around $9,900 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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