Magnolia Terrace.
A community my father, Robert Checho, developed in Montverde, in the corridor that has since become Bella Collina country.
The land was developed by Ebbtide Construction & Development, my father Robert Checho’s company at the time. He brought in additional builders for individual homes, but the community plan — the street layout, the deed restrictions, the lot subdivision — was shaped under his hand. This is a community I have known since it was raw lots. The build-era detail and the original developer intent are both first-hand context for me.
The Community at a Glance
Source: StellarMLS, May 1, 2026.
What Defines Magnolia Terrace
Boutique Scale
The community is small by design. There are not hundreds of homes here — the entire neighborhood is intentional. Buyers who choose Magnolia Terrace are typically looking for the geographic prestige of the Montverde / Bella Collina corridor without the resort-club lifestyle and pricing of Bella Collina itself.
Custom Build, Mediterranean Default
Most Magnolia Terrace homes were built in the Mediterranean architectural family — stucco, tile or shingle roofs, paver driveways, mature landscaping that has now had two decades to fill in. Each home was buyer-customized at the floor-plan level, so square footage, layout, and finish quality vary lot by lot.
Lot Scale
Lots run a relatively consistent ~0.6 acres. That is meaningfully larger than typical Lake County production communities and meaningfully smaller than the Arrowtree Reserve scale. The middle ground gives buyers privacy without the maintenance burden of true acreage.
Era Quality
Builds from 2002–2004 are now at the twenty-plus year mark. Roof, HVAC, plumbing, and pool equipment from the original era are at or past useful life in many cases. Sellers who have refreshed those systems carry the receipts; buyers should plan for a capex assessment at offer time.
Active Listings in Magnolia Terrace
Live from StellarMLS — updated continuously. Click any listing for full details.
Frequently Asked Questions
Where is Magnolia Terrace located?
Magnolia Terrace is in Montverde, Florida (ZIP 34756), in the corridor that today carries Bella Collina, the Lake Apopka shoreline, and the rolling Lake County terrain. The community sits on Florence View Drive and Magnolia Terrace street.
Who developed Magnolia Terrace?
Magnolia Terrace (Phase 1 and Phase 2) was developed by Ebbtide Construction & Development, the company owned by Robert Checho (Chase Checho’s father). Robert shaped the community plan; multiple builders constructed individual homes.
What are typical lot sizes in Magnolia Terrace?
Lots in Magnolia Terrace are relatively consistent at approximately 0.6 acres. This is larger than typical Lake County production communities and smaller than the Arrowtree Reserve scale — a middle ground that gives privacy without acreage maintenance burden.
What is the median sale price in Magnolia Terrace?
The trailing 12-month median sale price is approximately $755,000, based on 4 closed sales recorded between May 2025 and May 2026 in StellarMLS. The full sale price range was $665,000 to $835,000.
When were the homes in Magnolia Terrace built?
The original Ebbtide-era construction in Magnolia Terrace dates to 2002-2004. Most homes are now 20-22 years old, which means original roofing, HVAC, plumbing, and pool equipment are at or past useful life in many cases.
How does Magnolia Terrace compare to Bella Collina?
Magnolia Terrace offers the geographic prestige of the Montverde / Bella Collina corridor without the resort-club lifestyle and pricing of Bella Collina itself. Buyers typically compare against the smaller Bella Collina condo product, the Trails of Montverde, and Vinola Gardens within Bella Collina — the Magnolia Terrace decision usually comes down to lot scale plus the absence of HOA-membership obligations.
What architectural style dominates Magnolia Terrace?
Mediterranean-family architecture is the default — stucco exteriors, tile or shingle roofs, paver driveways, mature landscaping that has had two decades to fill in. Each home was buyer-customized at the floor-plan level, so square footage and finish quality vary lot by lot.
Who is the right broker for a Magnolia Terrace transaction?
Chase Aaron Real Estate, broker/owner Chase Checho. The community was developed by Chase’s father, which gives Chase direct first-hand knowledge of the original build chronology, lot sequencing, and which builders constructed which homes. License: FL BK3447990.
