Derek Perez
Map of Monterey Lake
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Neighborhood · Delray Beach, Florida

Monterey Lake

Small-scale living close to Delray's core

1

Homes for sale

$479,900

Median list price

Avg price / sqft

1

Median days on market

Search Monterey Lake on the map

Monterey Lake is a compact residential pocket of Delray Beach, the kind of low-key neighborhood where a single lake anchors the setting and the pace stays quiet. You're within easy reach of the larger established communities that define this stretch of Palm Beach County, from Kings Point In Delray Beach to Pines Of Delray North, giving the area a settled, lived-in feel without the sprawl of a master-planned development.

For buyers today, inventory here is genuinely thin — there's just one active listing on the market, priced at $479,900. Over the past year only two homes changed hands, at a median sold price of $547,500, and sellers collected about 95% of asking. With the current listing going under contract-ready in a median of one day, this is a neighborhood where you move quickly and watch the live map closely.

Monterey Lake is a community in Delray Beach, Florida.

Quick facts

$479,900$480K price range

2 sold in 12 months

On the market now

Homes for sale in Monterey Lake

Every active listing inside the Monterey Lake boundary

Open full map search →

Find your fit

Browse Monterey Lake

The numbers that matter

The Monterey Lake market

2

Sold, last 12 months

$547,500

Median sold price

95%

Sale-to-list ratio

What sellers actually get vs asking

87 days

Median time to sell

Monterey Lake vs Delray Beach

Median list price

Monterey Lake$480K
Delray Beach Co.$292K

Days on market

Monterey Lake1d
Delray Beach Co.121d

Median sold price — 3-yr, 3-mo rolling

36.9% yr/yr

$520K$680K$840KSep ’23Jan ’25

Homes sold per month

023Sep ’23Jan ’25

Live Stellar MLS data — every listing and closed sale inside the Monterey Lake boundary. Rolling medians smooth single-month swings in small communities.

For the school run

Schools Monterey Lake is zoned for

Attendance boundaries overlapping this community — always verify zoning with the district.

What it really costs

Owning here

Owning the median Monterey Lake home

$3,194/mo

Principal & interest $2,528
Property tax $456
Insurance (est.) $210

$479,900 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

Population

442

Median age

55

Median income

$85,917

Median home value

$376,900

Beyond the listings

Living in Monterey Lake

Relationships

Top 24% in the U.S.

Connected Motherhood

Motherhood is a unique journey for every woman. There are highs, lows,and lots to celebrate. These moms seek to share their experiences and engage with a community of moms.

Emotional

Heartfelt Sharing

This population is characterized by vulnerability. Looking to unload emotional burdens, activities include confessions, apologies, and long-form posts.

Active

Functional Fitness

Looking good and reaching fitness goals is all about discipline: Eat right. Work hard. No excuses. This population is more likely to view working out as a means to an end.

Emotional

Memory Lane

Intentionally preserving memories of lost loved ones, joyful times, or reflecting on painful experiences in the past.

Relationships

Networking

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Appearance oriented

Men's Style

This population is all about finding the latest in men's style - from fashion to grooming. Captures guys looking to stay on trend and significant others assisting with shopping.

Straight answers

Monterey Lake FAQs

Is Monterey Lake a good place to live?+

It's a quiet, small-scale residential neighborhood in Delray Beach organized around a central lake, so it suits buyers who want a settled feel over a big amenity package. Its proximity to established communities like Delray Colonial adds to the mature, lived-in character.

Is Monterey Lake expensive?+

It sits in the mid-market range for the area — the single active listing is priced at $479,900, and there are no active listings above $1M. Homes that sold in the past year came in higher, at a median of $547,500, so pricing depends heavily on the specific property.

What do homes cost in Monterey Lake?+

Right now there's one home on the market at $479,900, and it's a waterfront property with a pool. Looking back over the last 12 months, the two homes that sold closed at a median price of $547,500.

How is the market in Monterey Lake?+

It's a low-inventory, fast-moving market: just one active listing and two sales over the past year. The current listing shows a median of one day on market, and recent sellers received about 95% of their asking price, so well-priced homes don't linger.

What about HOA fees and property taxes?+

HOA data isn't currently available for the active listing, so confirm any dues directly for the specific property. The median annual property tax in the neighborhood runs about $5,472.

Keep exploring

More Delray Beach neighborhoods

Neighborhood boundary by edgeAI; listings matched to the polygon. 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. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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