Mt. Dora Real Estate

Introduction to Mount Dora

Mount Florida is experiencing tremendous growth similar to what we've seen over the last 5 to 10 years in places like Horizon West Claremont Minola and soon to follow Apopka. Today we're going to talk about new development projects, established communities that people love, and why you might consider calling Mount Dora home.

Location & Accessibility

Mount Dora is located in Northwest Lake County. For a long time, that felt very far away, but recently Mount Dora has been opened up to so much of Greater Orlando thanks to the 429 and the 429 connector. Mount Dora sits less than 45 minutes to downtown Orlando and Disney, and less than an hour to the Orlando International Airport.

Downtown Mount Dora

Downtown used to be known as a sleepy destination for winter retreats or retirement, but it is now thriving. It's known as the number one Festival City in the US, with incredible mom and pop shops, restaurants, outdoor seating, live music, and lake views. Favorite spots include the Mounta Marketplace, a Speak Easy style Outpost known as Handlebar, and the walking Mimosa bar. There is also a farmers market on Sunday, adding to the charm of downtown Mount Dora.

Historic District & Lifestyle

The historic district has homes over a hundred years old, preserving charm and history while welcoming new communities. It is also a golf cart district, allowing residents to drive to shops and enjoy downtown life. Resale and new construction are supported by quality schools such as Round Lake Charter School, Mount Dora High School, and Mount Dora Christian Academy.

Development & Growth

Mount Dora is accessible due to the 429, making it convenient for commuting throughout Greater Orlando. There is abundant land, much of it previously orange groves, now rezoned for new developments. The population of over 20,000 primes the area for smart growth. Average home pricing of $450,000 offers affordability compared to surrounding areas.

Wolf Branch Innovation District

The largest development project is the Wolf Branch Innovation District, recently approved by the Lake County Planning and Zoning Board. It is a $26 million land purchase over 850 acres, including two large planned unit developments with residential homes. The district will feature commercial, office, educational facilities, and residential areas, bringing over $2.6 billion in annual revenue and providing high-wage jobs, transforming Mount Dora from a bedroom community to a live-work-play hub.

New Construction Communities

The first new construction community highlighted is P's Foothill Preserve, a gated community. The Yorkshire model has over 3600 sq ft, five bedrooms, four bathrooms, an office, and a loft. With an 80ft wide home site, it costs around $600,000. P offers a Design Center, gourmet kitchens, gas appliances, built-in double ovens, and large islands overlooking great rooms.

Other Builders & Communities

Other builders entering Mount Dora include Ashton Woods, David Weekley, and Taylor Morrison. Trailside by Ashton Woods is breaking ground, with model homes opening November 1, 2024. The Duvall 2 floor plan base price is $560,000 with options bringing it around $700,000. Mount Dora also offers historic homes, lakefront properties on Lake Dora with private pools and docks, and master-planned communities like the Country Club of Mount Dora, Lakes of Mount Dora, Lock Lev, Sullivan Ranch, and Stony Brook Hills.

Personal Experience & Community

Having lived in Mount Dora for seven years, with family history in the area, the speaker enjoys raising their children, investing, and being part of the growing community. Mount Dora offers amenities, activities, restaurants, and a strong sense of community.

Conclusion

For those interested in learning more about Mount Dora or other areas in Greater Orlando, reach out at the Orlando.com for more information.