BRIGHT WATER PLACE PH 3
Homes for Sale in EUSTIS, FL

Community in EUSTIS · Lake County · ZIP 32726
131 homesBuilt 1966–2024
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data22 years of closingsFL DOR public recordsUpdated twice daily
Live · BRIGHT WATER PLACE PH 3 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
82%
Owner-occupied · BRIGHT WATER PLACE PH 3
108 of 131 parcels homesteaded (FL DOR 2025)
18%
Non-owner-occupied · BRIGHT WATER PLACE PH 3
incl. 3% trust or LLC-held · 2% out-of-state
38%
Cash buyers · BRIGHT WATER PLACE PH 3
3 of 8 sales, 12 mo ending June 2025
131
Homes in the community
131 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1966
Community established
homes built 1966-2024, median 2003 (FL DOR 2025)
1
Failed listings · 2026
peaked at 9 in 2008
1.5%/yr
Turnover rate
about 2 of 131 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Bright Water Place Ph 3 is a defined subdivision phase in Eustis, and with a snapshot this lean the honest read is that price here is set at the individual-home level, not by the neighborhood average. Condition, lot position, and how a given listing is prepped will move the number more than any headline stat, so treat each home on its own merits rather than assuming a single price band across the phase.

Without an active inventory count in front of us, the market posture is best described as thin and listing-specific. For a buyer that means the right home may not be sitting on the market when you look, and being ready to move matters. For a seller it means pricing off verified recent comparables in and around the phase, not a rounded guess.

Best for

  • Buyers targeting a specific Eustis phase who are ready to act when a listing appears
  • Buyers who value condition and lot position over a large menu of choices
  • Owner-occupants wanting a smaller, defined subdivision close to daily errands

Probably not for

  • Buyers who need many active listings to compare at once
  • Buyers set on a large amenity-driven master-planned development
  • Buyers wanting a firm price band before touring; here pricing is home-by-home

The market around BRIGHT WATER PLACE PH 3

BRIGHT WATER PLACE PH 3 is a small community — 54 recorded sales on file, most recently in 2026 — 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 PH 3 specifically. Momentum Research analysis of MLS records.

If we were buying in BRIGHT WATER PLACE PH 3 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

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

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 PH 3.

Best Buy
Buyers who want a specific home in a defined Eustis phase and will judge it on condition.
Biggest Risk
Inventory here can be thin, so the right listing may not be available on your timeline.
Sweet Spot
A well-maintained home on a favorable lot, priced against verified local comps.
Avoid If
You need broad selection or a large, amenity-heavy master-planned community.

A phase-level read on Eustis

Because this is a specific platted phase rather than a sprawling master plan, the practical questions are granular: which lots back to open space, how each home has been maintained, and what recent sales inside and adjacent to the phase actually cleared. Those details, not a blanket average, are what a serious buyer or seller should be underwriting.

Eustis sits in Lake County, and the location advantages here are the ordinary, durable kind: proximity to town services and daily errands, with the surrounding lake country nearby. We would rather point you to what a walk-through and current comps show than lean on figures the snapshot does not support.

The location and the amenities are priced into every listing in BRIGHT WATER PLACE PH 3. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a small phase like this, the edge is local and specific: we pull verified recent transactions in and around Bright Water Place Ph 3, walk the actual home, and price or negotiate off condition and lot rather than a rounded number. When the data is thin, disciplined comparison beats guesswork, and that is the work we do before we ever quote you a figure.

BRIGHT WATER PLACE PH 3 in 15 seconds.

Best forBuyers who want a specific home in a defined Eustis phase and will judge it on condition.
Biggest advantageA self-contained subdivision pocket in Lake County near town services.
Biggest riskInventory here can be thin, so the right listing may not be available on your timeline.
Sweet spotA well-maintained home on a favorable lot, priced against verified local comps.
Avoid ifYou need broad selection or a large, amenity-heavy master-planned community.

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 PH 3 sales matched to your home.

What is your BRIGHT WATER PLACE PH 3 home worth?

Get a no-obligation home value based on real comparable sales in BRIGHT WATER PLACE PH 3, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in BRIGHT WATER PLACE PH 3 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in BRIGHT WATER PLACE PH 3?
The Florida DOR 2025 assessment roll shows 131 homes in BRIGHT WATER PLACE PH 3 (public records).
What share of BRIGHT WATER PLACE PH 3 is owner-occupied?
82% of BRIGHT WATER PLACE PH 3 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 PH 3 built?
Homes in BRIGHT WATER PLACE PH 3 were built between 1966 and 2024, with a median year built of 2003 (FL DOR 2025 roll).
Do cash buyers compete in BRIGHT WATER PLACE PH 3?
Cash buyers took 38% of BRIGHT WATER PLACE PH 3 sales in the 12 months ending June 2025 (3 of 8 closings, Stellar MLS).
Who is the best real estate agent for BRIGHT WATER PLACE PH 3?
The best agent for BRIGHT WATER PLACE PH 3 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 PH 3.
How do I find a top EUSTIS real estate agent who knows BRIGHT WATER PLACE PH 3?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows BRIGHT WATER PLACE PH 3 and the wider EUSTIS area.
Can Momentum Realty connect me with an agent for BRIGHT WATER PLACE PH 3?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your BRIGHT WATER PLACE PH 3 purchase or sale - no call center and no pressure.
Buyers targeting a specific Eustis phase who are ready to act when a listing appearsExcellent fit
Buyers who value condition and lot position over a large menu of choicesExcellent fit
Owner-occupants wanting a smaller, defined subdivision close to daily errandsExcellent fit
Buyers who need many active listings to compare at onceProbably not
Buyers set on a large amenity-driven master-planned developmentProbably not
Buyers wanting a firm price band before touring; here pricing is home-by-homeProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (5 streets, ZIP 32726))
Under-contract sharesStellar MLS records, as of 2026-08-01
Historical depthClosed-sale records back to 2004 (62 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?

You just read the data. Now see what your home is worth.

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.

Looking to buy here? Search homes for sale →

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More Eustis & Lake County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Lake County or the full Neighborhood Finder.

Thinking of selling in BRIGHT WATER PLACE PH 3? 2 recorded closings (window ending 2026-08-02). See the Lake County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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