Palm Lake
A small, gated community of 39 custom Mediterranean-style estates in Dr. Phillips.
Live the MaxLife.
$1.2M
Median Price
$750K – $2M
39
Homes
$117–$117
Monthly HOA
1995
Established
Palm Lake Elementary School
School Zone
Search Homes for Sale in Palm Lake
Stellar MLS · 2026-04-26 · 2 closed sales
Recent market data
Median sold
$1,117,500
$960K – $1275K
$/sqft
$364
Median DOM
189
days on market
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Background
A brief history
Palm Lake was developed in 1995–2000 as a small, exclusive gated community of just 39 estate homes. The community was designed with Mediterranean aesthetics and custom-home quality, appealing to buyers seeking exclusivity within Dr. Phillips.
The feel
What it's like to live here
Palm Lake is a small, exclusive gated community with strong Mediterranean character. Streets are lined with tall shade trees creating a mature canopy. Homes feature tile roofs, brick-paved driveways, and Mediterranean architectural controls. Gated entry creates security and exclusivity. Limited community size ensures intimacy.
The details
What to expect
Architecture & Lots
Contemporary and Spanish/Mediterranean style custom homes built 1995–2000. Homes range 3,000–5,000 square feet with 3–6 bedrooms and 3-car garages. Lot sizes typically one-third acre with mature shade trees and landscaping.
Lifestyle & Amenities
Small, exclusive gated community without resort-level amenities. Emphasis on quiet, secure residential environment. Some homes feature private swimming pools. Sidewalks and canopy trees promote walkability.
HOA Rules & Fees
HOA ~$1,400/year (~$117/month) — confirmed via community data, Apr 2026. Covers gated entry and common area maintenance. Architectural review board enforces Mediterranean design standards.
Schools
Zoned for Palm Lake Elementary, Chain of Lakes Middle, and Dr. Phillips High. Palm Lake Elementary is a top district choice.
Access & Commute
Gated entrance off major Dr. Phillips arteries. I-4 access in 6 minutes. Marketplace shopping in 8 minutes. Restaurant Row in 10 minutes. Disney 12 minutes. MCO 15 minutes. Convenient central location.
Community
Amenities
- Gated security and exclusivity
- 39-home intimate community
- Mediterranean aesthetic consistency
- Tall shade tree canopy
- Brick-paved driveways throughout
- Proximity to Marketplace and restaurants
Know Before You Buy
HOA rules worth knowing
- HOA ~$1,400/year (~$117/month) — confirmed via community data, Apr 2026
- Covers gated entry and common area maintenance
- Strict Mediterranean architectural controls — tile roof and exterior color standards enforced
- All exterior changes require architectural review board approval
- Landscaping and tree canopy protection covenants
Education
School assignments
- Palm Lake Elementary School
- Chain of Lakes Middle School
- Dr. Phillips High School
School zone assignments change. Verify with Orange County Public Schools before purchase.
Market Commentary
What the market is doing
Luxury tier. Median sale prices $1.1M–$1.4M. Gated status and small size (39 homes) command premium. Mediterranean design maintains aesthetic cohesion and value. Good appreciation tied to exclusivity and architectural consistency. Limited turnover due to small size.
Active MLS Inventory
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Homes available in Palm Lake
2 homes currently listed in Palm Lake.
Also Worth Seeing
Related communities
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Kensington Park
A gated Mediterranean-style community with 129 custom homes, resort amenities, and 24-hour security.
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Explore Kensington Park →
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Hidden Estates
A non-gated Dr. Phillips neighborhood with ranch and traditional homes, established 1985–1987.
$450K – $850K · 100 homes
Explore Hidden Estates →
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Pasatiempo
A non-gated, heavily treed Dr. Phillips neighborhood of ranch homes built 1981–1984.
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Vizcaya
85-acre Mediterranean enclave on the Sand Lake Chain — gated and boat-accessible.
$1M – $4M · 220 homes
Explore Vizcaya →
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Listings courtesy of Stellar MLS as distributed by MLS GRID
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.
Based on information submitted to the MLS GRID as of June 6, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Ryan Solberg, Broker · MaxLife Realty LLC · FL License #BK3354351 · Equal Housing Opportunity · Full disclaimer · DMCA