A lakeside neighborhood in Wellington, Florida
Monterey on the Lake, Wellington
A neighborhood of 106 single-family homes on Lake Wellington Drive in central Wellington, built from 1993 to 1999, most of them in 1993.
Homes, years and sizes: Palm Beach County property records (2025 tax roll).
Overview
About Monterey on the Lake
Monterey on the Lake takes its name from the water it is built along. Most of its houses are on Lake Wellington Drive, and the neighborhood went up almost all at once in 1993.
The county roll counts 106 single-family houses, nearly all built in 1993, with the last few added through 1999. They are modest in size, with a typical living area of about 1,530 square feet on lots of roughly an eighth to a fifth of an acre.
Most homes are on Lake Wellington Drive, with short runs on Kingsdale Lane and Sheridan Terrace. It is in the 33414 ZIP, next to The Island and Sheffield Woods and close to the Town Center on Forest Hill Boulevard.
Some lots back onto the water and some do not. We confirm lake frontage and any rules on the shoreline for a specific home.
At a glance
- Streets
- Lake Wellington Drive, Kingsdale Lane and Sheridan Terrace
- Home type
- Single-family homes
- Built
- Mostly 1993 to 1995
- Living area
- About 1,410 to 1,900 sq ft
- Zip code
- 33414
- County
- Palm Beach County
- Association
- Monterey on the Lake Homeowners’ Association, Inc.
- Manager
- GRS Community Management
On the market now
Homes for Sale in Monterey on the Lake
Listings inside the boundary of Monterey on the Lake, newest first, updated through the day from BeachesMLS. No homes are listed for sale here right now. New listings come up through the year; ask me to watch for one.
$575,000
New Listing
740 Lake Wellington Drive Wellington, Florida
3 Beds 2 Baths 1,528 SqFt 0.13 Acres
$499,000
Active Under Contract
656 LAKE WELLINGTON Drive Wellington, Florida
3 Beds 2 Baths 1,408 SqFt 0.14 Acres
$524,000
For Sale
765 Lake Wellington Drive Wellington, Florida
3 Beds 2 Baths 1,528 SqFt 0.11 Acres
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. 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. Information is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than Douglas Elliman Real Estate are identified with the listing firm’s name on each listing’s detail page. Listing data last updated Tuesday, November 3rd, 2026 at 11:17:13 PM.
Closed sales
The Monterey on the Lake Market
Closed sales inside the boundary of Monterey on the Lake, every home type together. Medians and the middle range say more than any average, and in a community this size a single unusual sale can move a year.
One closed sale in twelve months is a thin sample, so read the median as a marker, not a price for any one home. We pull every closing here for any home you are considering.
| Measure | Last 12 months | Year before | Change |
|---|---|---|---|
| Homes sold | 1 | 3 | -67% |
| Median sale price | $545,000 | $610,000 | -11% |
| Median price per sq ft | $357 | $364 | -2% |
| Active listings now | 0 |
BeachesMLS closed sales inside the boundary of Monterey on the Lake, twelve months through October 2026, via IDX Broker. Active listings now is live from the MLS feed; the median asking price updates monthly. Listing information deemed reliable but not guaranteed.
Association and costs
The Monterey on the Lake Association and What It Costs
Who runs the association, what governs it, and what current listings say the fee is.
| Association | Monterey on the Lake Homeowners’ Association, Inc. |
|---|---|
| Florida corporate record | Sunbiz document N29488, filed November 30, 1988 (opens in a new tab) |
| Management company | GRS Community Management |
| Governed by | Chapter 720, Florida Statutes (homeowners’ associations) |
| Water | Some homes back onto the lake; we confirm frontage and any shoreline rules for a specific home. |
Association Fees From Current Listings
| Association fee, median | $42 a month |
|---|---|
| Typical range | $42 to $150 a month |
| Usually covers | Trash |
| Club membership | Not required |
From 4 current and recent BeachesMLS listings in Monterey on the Lake, via IDX Broker, refreshed weekly. Fees are monthly equivalents of the association fees in each listing; condo, master and sub-association fees can stack. The recorded documents, the current budget and the estoppel govern.
What Else to Check
- Taxes and insurance After a sale the assessed value resets the following January. Flood zone and roof age drive insurance quotes, so we check both for the address.
- Estoppel The closing agent orders an estoppel certificate from each association, which confirms what is owed at closing.
Documents to Review Before Closing
- Before you sign: the association disclosure summary and the parcel’s tax bill, including any non-ad valorem lines
- Before you sign: leasing and approval rules if you may rent, and architectural rules for exterior changes
- Before closing: estoppel certificates from every association that applies
Where it sits
Around Monterey on the Lake
Places nearby; distances are straight-line estimates from the center of Monterey on the Lake, and driving routes are longer.
Zoned Public Schools
At the center of Monterey on the Lake, the School District of Palm Beach County zones Wellington Elementary (elementary), Wellington Landings Middle (middle) and Wellington High (high). Boundaries are set by address and can change, so we confirm them for the home you are considering.
Elementary
- Wellington Elementary
Middle
- Wellington Landings Middle
High
- Wellington High
How it came to be
A Short History of Monterey on the Lake
- 1972
Developer Jim Nall bought about 7,200 acres first assembled by C. Oliver Wellington, the start of the planned community that became Wellington.
- 1993
The first and most of the houses in Monterey on the Lake were built, according to the county roll.
- 1995
Wellington voters approved incorporation, and the Village of Wellington was formed on December 31, 1995.
- 1999
The newest house on the county roll was completed.
Sources: Palm Beach County 2025 tax roll (Florida Department of Revenue), Wikipedia: Wellington, Florida, Florida Division of Corporations (Sunbiz).
The boundary
Monterey on the Lake on the Map
Questions
Questions Buyers Ask About Monterey on the Lake
What do homes in Monterey on the Lake cost right now?
No homes are listed for sale here right now. New listings come up through the year; ask me to watch for one. The market section above shows what homes here actually sold for over the past year.
Are the homes in Monterey on the Lake on the water?
Some are. The neighborhood runs along Lake Wellington Drive, and frontage varies by lot. We confirm it for a specific home.
When were the homes built?
Almost all in 1993, with the last few through 1999, according to the county roll.
How big are the homes in Monterey on the Lake?
The typical house has about 1,530 square feet of living area on a lot of an eighth to a fifth of an acre.
Is Monterey on the Lake gated?
We have no record of a gate. We confirm access for a specific home.
How many homes are in Monterey on the Lake, and when were they built?
Palm Beach County property records list 106 residential parcels in Monterey on the Lake, most built 1993 to 1995, with a typical living area of about 1,530 square feet.
Who runs the Monterey on the Lake association?
Monterey on the Lake Homeowners’ Association, Inc. (Florida document N29488, filed November 30, 1988) is managed by GRS Community Management.
What are the association fees in Monterey on the Lake?
The fee table on this page is drawn live from current and recent listings. The seller’s disclosure, the association disclosure summary and the estoppel certificate confirm the exact amount for a specific home.
Is Monterey on the Lake gated?
We have no record of a gate here; we confirm access for a specific home.
Which public schools serve Monterey on the Lake?
At the center of Monterey on the Lake, the School District of Palm Beach County zones Wellington Elementary (elementary), Wellington Landings Middle (middle) and Wellington High (high). Boundaries are set by address and can change, so we confirm them for the home you are considering.
Keep Exploring
More Wellington Neighborhood Guides
Monterey on the Lake · Wellington
Let Us Take Care of the Details
Tell us the street or the home in Monterey on the Lake. We come back with the listings, the association’s fees and rules, and what similar homes sold for, then arrange the visits and coordinate every step to closing day.
Monika Phillips, Sales Associate, Douglas Elliman Real Estate
- Association fees, rules and documents gathered for each home
- Leasing and approval rules pulled up front
- Tax bill and flood zone checked for the address
- One team from the first look to closing day
Home counts, years built and sizes come from Palm Beach County property records (2025 tax roll); association records from the Florida Division of Corporations; school zones from the School District of Palm Beach County. Listing and sales data from BeachesMLS via IDX is deemed reliable but not guaranteed; listings may be held by brokerages other than Douglas Elliman. Association fees shown come from current and recent listings and can differ from the association’s budget; recorded documents and the associations’ own figures control. Verify anything that matters to your decision with the source. Monika Phillips, Sales Associate, Douglas Elliman Real Estate. Equal Housing Opportunity.
New construction. Where this page mentions new or planned homes, prices, plans, features and timelines come from the builders and developers, are believed reliable but not guaranteed, and can change without notice. Renderings are artist’s concepts. Builders sell through their own sales teams; Monika Phillips and Douglas Elliman are not a builder’s sales agent unless a page says so. For homeowners’ association communities, review the disclosure summary and governing documents required by Chapter 720, Florida Statutes, before signing. Nothing on this page is an offer to sell, or a solicitation of an offer to buy, any property in any state where the offering has not been registered or exempted as required, including New York and New Jersey. No sale may be made to a resident of such a state until those requirements are met.
