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Lake Ella Home for Sale

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    $450,000

    • 2 Beds
    • 1.5 Baths
    • 2,048 Sq Ft

    231 Lafayette Cir, Tallahassee, FL 32303

    Say it with us - LOCATION, LOCATION, LOCATION!! Prime mixed-use opportunity with 8 office spaces in the heart of Midtown! It is currently set up best for commercial use, however is can be used for residential purposes as well - consider your business downstairs & living upstairs! Located just steps from the area’s most popular shops, bars, and eateries, this unbeatable location puts you in the

    Devin Lohman Lohman Realty LLC

    231 Lafayette Cir, Tallahassee, FL 32303

Why Live in Lake Ella

Lake Ella in Tallahassee is a neighborhood known for its mix of historic and newer homes, with a high demand due to its proximity to Midtown's boutiques and local restaurants. The area features charming Colonial Revivals and Victorian mansions, alongside palm trees and live oaks draped with Spanish moss. The highly regarded Leon County Schools, including the well-rated Leon High School, serve the community. Residents enjoy walking to nearby shops and eateries, with historic cottages now housing local businesses like Barb’s Brittles. The neighborhood's pedestrian-friendly streets are close to popular spots such as Lucky Goat Coffee Company, Liberty Bar & Restaurant, and Table 23, a restaurant in a converted 1920s house. For groceries, Publix and Whole Foods are within walking distance. Lake Ella itself offers a scenic one-mile paved trail, perfect for strolls and wildlife watching, while Los Robles Park provides additional green space. The area is well-connected with multiple StarMetro bus stops and is 9 miles from Tallahassee International Airport. Annual events like Springtime Tallahassee bring the community together with music, food, and parades. The neighborhood's laid-back atmosphere, combined with its lush greenery and walkable streets, makes it a desirable place to live.

Frequently Asked Questions

Is Lake Ella a good place to live?
Lake Ella is a good place to live. Lake Ella is considered somewhat walkable and somewhat bikeable with some transit options. Lake Ella is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Lake Ella has 5 parks for recreational activities. It is fairly sparse in population with 3.1 people per acre and a median age of 36. The average household income is $71,462 which is below the national average. College graduates make up 65.4% of residents. A majority of residents in Lake Ella are renters, with 65% of residents renting and 35% of residents owning their home. A local real estate agent serving Lake Ella can help you decide if this neighborhood is the right one for you. Learn more on our Lake Ella neighborhood guide.
Is Lake Ella, FL a safe neighborhood?
Lake Ella, FL is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Lake Ella?
The median home price in Lake Ella is $450,000. If you put a 20% down payment of $90,000 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $2,210 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $95K a year to afford the median home price in Lake Ella. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Lake Ella is $71K.
What are the best public schools in Lake Ella?
The best public schools that serve Lake Ella are:
What are the best private schools in Lake Ella?
The best private schools that serve Lake Ella are:
What are the most popular zip codes in Lake Ella, Tallahassee, FL?
The most popular zip codes in Lake Ella, Tallahassee, FL include 32303, 32312, 32301, 32308 and 32304.
What are the most popular neighborhoods near Lake Ella, Tallahassee, FL?
The most popular neighborhoods near Lake Ella, Tallahassee, FL are Midtown, Levy Park, North Tallahassee, Frenchtown and Lafayette Park.
Are home prices dropping in Lake Ella?
Yes, home prices in Lake Ella are down 19% in the last 12 months.

Home Trends in Lake Ella, FL

Housing Trends

Median Sale Price
$447,500
Median Single Family Sale Price
$475,000
Median Townhouse Sale Price
$295,000
Average Price Per Sq Ft
$220
Number of Homes for Sale
1
Last 12 months Home Sales
4
Months of Supply
3.00
Median List Price
$450,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-18%
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