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Preston Cove Sub Home Values: What Homes Actually Sell For

Buying here? See Preston Cove Sub homes for sale and the Preston Cove Sub community guide (Clermont).

Preston Cove Sub (CLERMONT, FL): 3 recorded closings in the 12 months ending 2026-09-20, a 6-year price record, and the year-by-year record — every number from recorded MLS closings, none from an estimate model.

In the current window, sellers accepted a median 92.1% of original asking; the median sale took 117 days (window ending 2026-09-20).

The 6-year recorded price history

Over the recorded series, Preston Cove Sub’s median sold price moved from $254,750 (2016) to $425,000 (12 months ending 2026-09-20) — +67% over that span, with every year’s figure from recorded closings, not a model.

The last decade in Preston Cove Sub, briefly

The recorded series starts in 2016 at $254,750. Against the 2024 peak of $515,450, the current median stands at -18%. Annual sales volume here has ranged from 0 to 6 closings a year (10-yr average 2.9). With roughly 2.9 closings a year, Preston Cove Sub’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.

The Preston Cove Sub housing stock, from the live feed

From the live MLS feed as of 2026-10-01: The homes listed or recently sold were built between 1995 and 2005 (median 1997); 6 of 6 listed or recently sold homes report an HOA, median $54/mo; none of the 6 geocoded listed or recently sold homes sits in a FEMA special flood hazard zone (median elevation 128 ft); the features listings here most often name are Street Lights, Playground, Deed Restrictions, Park and Security Lights. See the current Preston Cove Sub listings →

At Preston Cove Sub’s $425,000 median and Lake County’s adopted 16.65 mills (FY2025-26), a home assessed at that price carries roughly $7,070 a year in property tax before exemptions, or about $6,400 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Lake County tax page.

Selling in Preston Cove Sub right now: what the record says

Current asking prices run a median $1,395,000 against the $425,000 recorded sold median (+228%) — the gap between what sellers hope and what the record shows. The market is carrying about 2.4 months of supply at the current sales pace. Demand check: 50% of Preston Cove Sub’s listings are under contract, against 25% for ZIP 34711 and 25% for Lake County as a whole — the community is absorbing faster than its surroundings.

With asking prices running +228% over the recorded sold median, a Preston Cove Sub listing priced against the closed record above stands out against its competition; one priced against the asking crowd joins the statewide list of homes that never sold.

How Preston Cove Sub compares with its neighbors

Communities buyers shopping Preston Cove Sub are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.

More Preston Cove Sub: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing

Based on Stellar MLS data distributed by MLS GRID for the period 2015 through 2026. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures