$453,760Average Value$300Average Price per Sq Ft21Homes For Sale
Housing variety and a trendy commercial district south of downtown
Established meets contemporary in Lake Terrace, an Orlando neighborhood anchored by an eclectic mix of housing and highlighted by the Hourglass District, a collection of trendy eateries and shops. “The Hourglass District has definitely expanded and increased the desirability of home ownership and for people to move here,” says Ben Laube, a Realtor with EXP Realty who lives nearby. With the Hourglass District concentrated on the north side of the neighborhood along Curry Ford Road, residents enjoy a quasi-suburban setting that includes waterfront green spaces while also being close to the heart of the city. Downtown Orlando’s cultural attractions and business district are minutes away.
Lake Terrace Is Only 10 minutes From Downtown Orlando.
Lake Terrace residents indulge in delicious coffee at Foxtail Coffee Company.
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From established homes to contemporary housing options
Lake Terrace’s housing occupies a wide spectrum of sizes and styles. Ranch-style and midcentury-modern homes share the neighborhood streets with everything from colorful cottage-style homes to multi-level custom homes incorporating a variety of architectural motifs. “The majority of homes were constructed in the ‘70s and ‘80s, but developers have gone in with in-fill projects, where a home is torn down and replaced, which is why you’ll see random new homes,” says Laube. A variety of higher-priced homes can be found in exclusive communities such as Porter Place. Home prices range from the low $200,000s to the smallest established homes to the low $900,000s for larger new homes. A small community of stand-alone townhomes priced in the mid-$500,000s is among the neighborhood’s newest construction. Other multi-family options include Orange Tree Village’s three-bedroom condominiums in the $250,000 range. The adjacent land is currently under development with a mixed-use project that will include 10,000 square feet of retail space in addition to apartments. The goal is to increase the neighborhood’s walkability amid the shops and restaurants of the Hourglass District.
Lake Terrace is a melting pot of architectural styles like this beutiful split level home.
Lake Terrace has also seen a trend in modern style homes being built.
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Hourglass District highlights include breweries, restaurants, boutique stores
Breweries and restaurants line Curry Ford Road and make up the bulk of businesses in the Hourglass District. The Commission Beer Chamber and Hourglass Brewing are popular stops in the heart of the district. Highly-rated eateries include Cilantro’s Taqueria, which gets rave reviews for its tacos; Pizza Bruno, known as much for its garlic knots as its Neapolitan pizza and recent recipient of a coveted Michelin recommendation; and the Hourglass Social House, which features the vegan creations of Leguminati and the ethically sourced drinks at Foxtail Coffee Co. If you’re looking for a unique shopping experience in the district, browse the selection of vintage furniture at Apple Core Antiques & Gifts. “Everyone loves the Hourglass District because it’s actually similar but larger and more diverse than the Milk District with its food, shopping and bar scene,” says Laube. For the standard shopping experience, The Market at Southside a mile west of Lake Terrace features several grocery stores, including a full-service Publix, and a Super Target is the featured retailer at the adjacent SoDo Shopping Center.
Lake Terrace also has Theo's Kitchen, perfect for some Greek for lunch.
The Hourglass Social House Located In Foxtail Coffee Creates A Unique Experience For Residnets.
The Hourglass District Is A Brewery Filled Area Off Curry Ford Road In Lake Terrace.
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Students have access to top-rated schools
Lake Terrace used to be home to Kaley Elementary School, which was closed amid the consolidation of several downtown-area Orange County public schools. The result was the opening of the nearby Lake Como School, a B-rated institution that serves students in kindergarten through eighth grade. Lake Terrace students also can attend Blankney K-8, which has been an A-rated school for the past 20 years. Blankney K-8 is adjacent to Boone High, an A-rated school that features magnet classes in criminal justice, finance and law.
Lake Terrace's school system keeps the kiddos active with exciting P.E. activities.
Boone High School Is A Public High School In Orlando's Community Of Lake Terrace.
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Small waterfront parks offer an urban oasis
A trio of lakeside parks offers plenty of passive recreation for neighborhood residents. Hourglass Lake Park, Crystal Lake Park and Lake Lancaster Park are tranquil neighborhood green spaces that provide a natural oasis in the middle of the city. Each offers fishing and the chance to watch nature go by amid wooded landscapes. Residents have access to more active pursuits at the nearby Fort Gatlin Recreation Center, which includes a tennis center, a swimming pool and offers youth afterschool and summer programs.
Crystal Lake Park In Lake Terrace Is A Hidden Gem For Nature Buffs.
Lake Terrace Is Only 10 minutes From Downtown Orlando.
Hourglass Park In Lake Terrace Is A Hidden Gem For Nature Lovers.
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Buses easily accessible; trains and planes nearby
Public transportation is available in the neighborhood via LYNX buses, which can take residents into the heart of downtown about 3 miles north. There, they have access to SunRail commuter lines, an Amtrak station and Interstate 4, which provides convenient travel outside the city. The Orlando International Airport is about 8 miles south of the neighborhood.
The Lynx Bus System runs throughout the Lake Terrace community.
Lake Terrace is close to several major roads and access to I-4.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Casey Carr,
an experienced agent in this neighborhood.
Parks in this Area
Lake Emerald Park
Lake
Trails
Hourglass Park
Lake
Trails
Nature Center
Crystal Lake Park
Lake
Trails
Lake Como Baseball Field
Baseball/Softball
Playground
Multi-Purpose Field
Lake Weldona Park
Bike Trails
Lake
Trails
Fort Gatlin Recreation Complex
Basketball
Pool
Tennis
Transit
Airport
Orlando International
17 min drive
Bus
E Michigan St And Marlboro St
Bus
Peel Ave And Page Ave
Bus
Curry Ford Rd And S Crystal Lake Dr
Bus
E Grant Ave And S Bumby Ave
Bus
S Bumby Ave And E Jersey Ave
Bus
E Grant Ave And Peel Ave
Bus
E Michigan St And S Bumby Ave
Lake Terrace Demographics and Home Trends
On average, homes in Lake Terrace, Orlando sell after 68 days on the market compared to the national average of 52 days. The median sale price for homes in Lake Terrace, Orlando over the last 12 months is $450,000, up 15% from the median home sale price over the previous 12 months.
Modern Income-Producing Duplex in Prime SoDo Orlando – Turnkey 4-Unit Opportunity Welcome to a rare investment opportunity in the heart of Orlando’s vibrant SoDo District! This unique 4-unit property offers unmatched versatility, modern construction (built in late 2019), and strong rental income potential in one of the city's most in-demand neighborhoods. Sitting on a
Welcome to this beautifully designed 4-bedroom, 2-bathroom home at 2425 Newberry St in Orlando! This 1,938 square foot house features an open floor plan that creates a spacious feel throughout. You'll love the hard flooring in the main living areas, while the bedrooms offer comfortable carpeting.The kitchen is a real highlight with its island, quartz countertops, stainless steel
Welcome to this well-maintained 3-bedroom, 2-bathroom home featuring a versatile flex room that can be tailored to suit your needs—whether as an office, game room, or creative space. Situated on a 0.19-acre lot in an established Orlando neighborhood, this property offers a blend of timeless charm and thoughtful updates.Inside, you'll find luxury vinyl and tile flooring throughout,
A fully renovated home to call your own features 3 bedrooms and 2 full bathrooms within a total living space of 1,780 square feet. The living room and oversized family room offer ample space for relaxation and entertainment, while the bedrooms provide comfortable accommodations. Additional amenities include washer/dryer hookups and attached garage with storage space for added functionality. The
Discover this charming 1-bedroom, 1-bathroom rental in the heart of the Hour Glass District, just moments from downtown Orlando. This recently updated home features a bright and airy open living and dining space, complemented by elegant wood flooring and sleek granite countertops. Enjoy the tranquility of your own private lanai. Utilities included in the rent are water, trash collection, and lawn
Save 20% on this private 1-bedroom retreat near Disney and Universal! Feel at home in a cozy, pet-friendly space with a private entrance, fast Wi-Fi, full amenities, and shared pool access. Nestled in a quiet triplex just minutes from Orlando’s top attractions, this apartment is perfect for couples, small families, or remote work.Step into this charming studio, thoughtfully designed for
Interested in learning more about homes in this area?
Reach out to
Casey Carr,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
4,145
Median Age
42
Population Density
7 ppl/acre
Population under 18
18.1%
Below the national average
23.8%
Population over 65
17.2%
On par with the national average
19.1%
Finances
Median Household Income
$55,580
Significantly below the national average
$71,702
Average Household Income
$79,559
Education and Workforce
High School Graduates
93.3%
On par with the national average
89.1%
College Graduates
37.7%
Advanced Degrees
11.9%
% Population in Labor Force
72.6%
Above the national average
65.1%
Weather
Annual Precipitation
51''
Average Winter Low Temperature
52°F
Average Summer High Temperature
92°F
Annual Snowfall
0''
Area Factors
Somewhat Bikeable
Bike Score®
37/ 100
Car-Dependent
Walk Score®
37/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
