Bright Water Place
Homes for Sale in Eustis, FL

Bright Water Place market snapshot (as of September 12, 2026): the median sale price is about $440K ($205 per sq ft over the trailing 12 months of closed sales), and a median 81 days on market for closed sales. The trailing-12-month median is down 8% from the prior 12 months, computed from record-level Stellar MLS closed sales (3 closings in the current window).

In ZIP 32726 (EUSTIS), 476 homes closed in the last 12 months at a median of $372K ($197/sq ft), up 0.4% year over year, with a median 52 days on market. Right now 60 active and 34 pending listings put supply at about 5.1 months - a balanced market. See the live ZIP 32726 housing market and the Lake County market.

Stellar MLS sales records identify 43 homes in Bright Water Place that have changed hands since 2008, built between 1992 and 2019 (median 2006), with a median living area of about 2,304 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Bright Water Place is a compact, deed-restricted community in Eustis built out in the early 2000s, distinguished mainly by the size of its homes rather than by turnover or competing inventory. With only two homes total, this is less a "market" in the traditional sense and more a small pocket worth evaluating property-by-property.

With just two homes in Bright Water Place and one of them currently listed, there is no meaningful trend to chart on price, days on market, or absorption. What stands out instead is the physical product: homes built between 2001 and 2003, with a median living area of roughly 3,140 square feet, which is sizable for this era and area. Whatever the current listing is priced at, the comparison set is essentially the other home in the community, not a broader subdivision average.

Half of the homes here carry a homestead exemption, meaning the community has a mix of owner-occupied and non-homestead ownership rather than one dominant pattern. Deed restrictions are in place, and residents have flagged a playground and touchless entry access among the amenities, though as with any small or older HOA, current rules, dues, and access details should be verified directly with the HOA rather than assumed from listing history.

A two-home community with one active listing is not a place where generic market data helps you. It requires someone who will pull the actual comp, walk the actual property, and verify HOA specifics directly rather than lean on aggregate stats that do not really apply at this scale. That is the kind of hands-on diligence we bring to a market this thin.

Listings in this community report association dues of about $39 per month ($468 a year) - the median AssociationFee across 8 MLS records, normalised to a monthly figure; most are billed annually. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.