BRIGHT WATER PLACE EUSTIS in EUSTIS

BRIGHT WATER PLACE EUSTIS
Homes for Sale in EUSTIS, FL

Community in EUSTIS · Lake County · ZIP 32726
2 homesBuilt 2001–2003
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Built fromLive Stellar MLS data22 years of closingsFL DOR public recordsUpdated twice daily
Live · BRIGHT WATER PLACE EUSTIS Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
12.0mo
Supply
3 to 6 months is the balanced band
0%
Under contract
Lake: 26% (1,105 of 4,329)
1 · 0
For sale · pending
live counts, refreshed twice daily
Ownership and context
50%
Owner-occupied · BRIGHT WATER PLACE EUSTIS
1 of 2 parcels homesteaded (FL DOR 2025)
50%
Non-owner-occupied · BRIGHT WATER PLACE EUSTIS
incl. 0% trust or LLC-held · 0% out-of-state
2
Homes in the community
2 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 2001
Community established
homes built 2001-2003, median 2002 (FL DOR 2025)
0
Failed listings · 2010
peaked at 6 in 2005
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Bright Water Place is a small enclave in Eustis with only two homes in the entire community and a single active listing as of this snapshot, so any read on this market is really a read on one or two houses rather than a broad trend line. What we can say with confidence: the homes here were built in the early 2000s (2001-2003) and run large, with a median living area around 3,140 square feet, so this is a larger-format product than most Eustis subdivisions of similar vintage.

Months of supply sits at 12.0, which lands this community in buyer-leaning territory, and with just one home actively listed against a base of two total homes, that supply figure is really a statement about how thin the inventory is rather than a signal of soft demand. For a seller, that means limited competing comps to lean on; for a buyer, it means patience and a willingness to negotiate on the specific home's condition, since there is no broader price trend to benchmark against.

BRIGHT WATER PLACE EUSTIS Housing Pulse · Momentum Research · as of August 2, 2026

BRIGHT WATER PLACE EUSTIS right now

🟢 Buyer-leaning market. 12.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of August 2, 2026. Confidence: Low (1 active and pending listings, 0 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

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.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Best for

  • A buyer prioritizing larger living space in an early-2000s build over community-wide amenities or newer construction.
  • A buyer comfortable making a decision with limited comparable sales data and doing extra diligence on the individual property.
  • A buyer who has already targeted Eustis and wants a deed-restricted, low-density setting.

Probably not for

  • A buyer who wants a wide selection of active listings to compare before deciding.
  • A buyer relying on recent sales trends or absorption data to time an offer.
  • A buyer who wants a community with an established, well-documented amenity package rather than one needing HOA verification.

The market around BRIGHT WATER PLACE EUSTIS

BRIGHT WATER PLACE EUSTIS is a small community — 23 recorded sales on file, most recently in 2010 — too few for its own price trend. Here is the market around it.

In ZIP 32726, 203 homes are on the market and 32% are under contract — a fast-moving corner of EUSTIS.

Across Lake County, 3,224 homes are active and 1,105 pending (26% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not BRIGHT WATER PLACE EUSTIS specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in BRIGHT WATER PLACE EUSTIS, EUSTIS

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 15 listings
Distress share trend — 0.0% now (2026-08-12 → 2026-08-24)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

Homes For Sale Right Now in BRIGHT WATER PLACE EUSTIS

Live MLS inventory for BRIGHT WATER PLACE EUSTIS. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending BRIGHT WATER PLACE EUSTIS listings as of 2026-08-23, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2008. Tap any home to ask about it.

Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

If we were buying in BRIGHT WATER PLACE EUSTIS today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in BRIGHT WATER PLACE EUSTIS.

Best Buy
A buyer specifically drawn to a larger-format early-2000s home in Eustis who is not relying on a deep pool of comparable listings.
Biggest Risk
The tiny sample size means there is effectively no trend data, so pricing and timing decisions rest almost entirely on the individual property.
Sweet Spot
A buyer who has already identified this specific home or community and wants a size-driven floor plan rather than a newer build.
Avoid If
You need multiple comparable listings to gauge fair value or a fast-moving market with regular turnover.

A two-home community, read carefully

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.

The location and the amenities are priced into every listing in BRIGHT WATER PLACE EUSTIS. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

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.

BRIGHT WATER PLACE EUSTIS in 15 seconds.

Best forA buyer specifically drawn to a larger-format early-2000s home in Eustis who is not relying on a deep pool of comparable listings.
Biggest advantageWith only two homes in the community, there is minimal competing inventory to price against.
Biggest riskThe tiny sample size means there is effectively no trend data, so pricing and timing decisions rest almost entirely on the individual property.
Sweet spotA buyer who has already identified this specific home or community and wants a size-driven floor plan rather than a newer build.
Avoid ifYou need multiple comparable listings to gauge fair value or a fast-moving market with regular turnover.

HOA, CDD & Fees

In short
  • Mandatory HOA. Confirm current dues
  • Any club/amenity membership is billed separately

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

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed BRIGHT WATER PLACE EUSTIS sales matched to your home.

What is your BRIGHT WATER PLACE EUSTIS home worth?

Get a no-obligation home value based on real comparable sales in BRIGHT WATER PLACE EUSTIS, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

BRIGHT WATER PLACE Market Scorecard

Strong buyer's market

BRIGHT WATER PLACE is currently a strong buyer's market. About 12.0 months of supply, a median asking price of $440,000, and homes go under contract in about 22 days.

12.0
Months supply
$440,000
Median list
$465,000
Median sold
$192
Per sqft
22
Days on mkt
1/0/1
Active/Pend/Sold

Go deeper: county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

Is BRIGHT WATER PLACE EUSTIS a buyer's or seller's market right now?
As of August 2, 2026, BRIGHT WATER PLACE EUSTIS leans toward buyers: 12.0 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in BRIGHT WATER PLACE EUSTIS?
The Florida DOR 2025 assessment roll shows 2 homes in BRIGHT WATER PLACE EUSTIS (public records).
What share of BRIGHT WATER PLACE EUSTIS is owner-occupied?
50% of BRIGHT WATER PLACE EUSTIS parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in BRIGHT WATER PLACE EUSTIS built?
Homes in BRIGHT WATER PLACE EUSTIS were built between 2001 and 2003, with a median year built of 2002 (FL DOR 2025 roll).
Who is the best real estate agent for BRIGHT WATER PLACE EUSTIS?
The best agent for BRIGHT WATER PLACE EUSTIS is one who actively works EUSTIS and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for BRIGHT WATER PLACE EUSTIS.
How do I find a top EUSTIS real estate agent who knows BRIGHT WATER PLACE EUSTIS?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows BRIGHT WATER PLACE EUSTIS and the wider EUSTIS area.
Can Momentum Realty connect me with an agent for BRIGHT WATER PLACE EUSTIS?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your BRIGHT WATER PLACE EUSTIS purchase or sale - no call center and no pressure.
A buyer prioritizing larger living space in an early-2000s build over community-wide amenities or newer construction.Excellent fit
A buyer comfortable making a decision with limited comparable sales data and doing extra diligence on the individual property.Excellent fit
A buyer who has already targeted Eustis and wants a deed-restricted, low-density setting.Excellent fit
A buyer who wants a wide selection of active listings to compare before deciding.Probably not
A buyer relying on recent sales trends or absorption data to time an offer.Probably not
A buyer who wants a community with an established, well-documented amenity package rather than one needing HOA verification.Probably not

Nearby Communities

Explore more neighborhoods near BRIGHT WATER PLACE EUSTIS with Momentum Realty’s local guides.

Eustis Brightwater Place Eustis0.1 mi awayGrand Island Reserve Grand Island0.3 mi awayGrand Isle Grand Island0.3 mi awayEustis Grand Island Reserve Grand Island0.3 mi awayBrendenwood Sub Grand Island0.5 mi awayEustis Sun Country Village Eustis0.6 mi awayEustis Promontory Cove Eustis0.8 mi awayBiscayne Heights Sub Grand Island0.8 mi away

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: August 2, 2026)
Housing stock & ownershipFlorida DOR 2025 assessment roll (community parcel extract)
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2004 (10 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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