Cardinal Pines Estates Ph 3
Homes for Sale in Mascotte, FL

Community in Mascotte · Lake County
177 homesBuilt 1994–2004Median sale $336K
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Built fromLive Stellar MLS data22 years of closingsFL DOR public recordsUpdated twice daily
Live · Cardinal Pines Estates Ph 3 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$336K
Median sold · 12 mo
$179/sf
Sold $/sqft · 12 mo
peak $206 in 2024
93.8%
Sale vs ask
Lake median: 95.8%
Tempo
18days
Median DOM · closed
3 days at the 2022 low
3
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
73%
Owner-occupied · Cardinal Pines Estates Ph 3
130 of 177 parcels homesteaded (FL DOR 2025)
27%
Non-owner-occupied · Cardinal Pines Estates Ph 3
incl. 9% trust or LLC-held · 8% out-of-state
0%
Cash buyers · Cardinal Pines Estates Ph 3
0 of 3 sales, 12 mo ending June 2026
177
Homes in the community
177 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1994
Community established
homes built 1994-2004, median 2002 (FL DOR 2025)
0
Failed listings · 2025
peaked at 25 in 2007
1,852sqft
Median sold home size
12-mo windows, closed sales
1.7%/yr
Turnover rate
about 3 of 177 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Cardinal Pines Estates Ph 3 is a small, finished subdivision of 134 homes in Mascotte, built out over a tight window from 1999 to 2004, with the median home dating to 2003. That means the stock is consistent in age and layout, so what moves price here is not year built but condition: updated systems, roofs, and interiors will separate the strong sales from the tired ones. Expect a wide spread on paper because the range is driven by how much work a given home has had, not by architecture.

With homes hovering around 1,778 square feet at the median, this is a modestly sized, single-story-leaning inventory rather than a move-up market. A homestead share near 74% tells you most owners live here rather than rent it out, so turnover is limited and listings can be sparse. For a seller, that scarcity is leverage on a well-kept home; for a buyer, it means patience and a willingness to move when the right updated house appears.

The 60-Second Overview

Cardinal Pines Estates Ph 3 market snapshot (as of July 15, 2026): the median sale price is about $336K ($179 per sq ft over the trailing 12 months of closed sales), and a median 18 days on market for closed sales.

Cardinal Pines Estates Ph 3 is a community of 177 homes in Mascotte, Lake County, built between 1994 and 2004 (median 2002), with a median living area of about 1,676 square feet. 73% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

This is a mature, fully built-out community in Lake County where the homes are uniform in vintage and size, so the real variable is upkeep. It reads as a settled, owner-occupied pocket of Mascotte rather than an investor churn.

Best for

  • Buyers targeting a modestly sized single home near the median who plan to hold for years
  • Value-minded buyers willing to renovate a dated home and build equity through condition
  • Sellers with an updated, well-maintained home ready to use tight supply to their advantage

Probably not for

  • Buyers who need substantially more than roughly 1,778 square feet
  • Investors chasing rental turnover in a heavily owner-occupied community
  • Shoppers who need broad selection and cannot wait for the right listing to surface

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($336K) IS the median in the snapshot above.

Windows contain 0 to 11 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.

Every sale since 2004 · price vs size
$0$200K$400K1k2k
97 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
051020122014201620182020202220242026
0 to 11 a year; 3 in the current window.
Sellers who gave up · failed listings per year
01020200420062008201020202025
Canceled, expired, or withdrawn. 25 quit in 2007; 0 so far in 2025. The clearest stress gauge a community has.

If we were buying in Cardinal Pines Estates 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 Cardinal Pines Estates Ph 3.

Best Buy
Buyers who want a settled, owner-occupied street in Mascotte over a brand-new build.
Biggest Risk
Uniform, early-2000s stock means deferred maintenance can hide behind a familiar floor plan.
Sweet Spot
A recently updated home around the median size that has had its roof and systems addressed.
Avoid If
You need large square footage or a steady stream of listings to choose from.

A condition-driven resale market

When every home was built within a five-year window and clusters around 1,778 square feet, buyers effectively shop the same floor plans over and over. That puts a premium on the things you can actually change: roof age, HVAC, kitchens, baths, and flooring. Two homes on the same street can justify very different prices purely on how recently they were touched, and the median price should be read as a midpoint across that condition curve, not a sticker for any one house.

The high homestead share matters more than it looks. Homes near 74% owner-occupancy typically show pride of ownership and slower turnover, which keeps supply thin. That is good for a seller with a clean, updated home and frustrating for a buyer who wants selection. If you are looking here, line up financing and be ready to act; the inventory does not sit deep.

The location and the amenities are priced into every listing in Cardinal Pines Estates 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 market this uniform, pricing accuracy comes from reading condition against comparable floor plans, not from square-footage math alone. We track what actually sells and why in Cardinal Pines Estates Ph 3, so sellers price to their updates and buyers know when a listing is fairly cut or overreaching. With limited turnover, timing and preparation do most of the work, and that is where local reps earns its keep.

Cardinal Pines Estates Ph 3 in 15 seconds.

Best forBuyers who want a settled, owner-occupied street in Mascotte over a brand-new build.
Biggest advantageThin supply and high owner-occupancy give well-kept sellers real leverage.
Biggest riskUniform, early-2000s stock means deferred maintenance can hide behind a familiar floor plan.
Sweet spotA recently updated home around the median size that has had its roof and systems addressed.
Avoid ifYou need large square footage or a steady stream of listings to choose from.

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 Cardinal Pines Estates Ph 3 sales matched to your home.

What is your Cardinal Pines Estates Ph 3 home worth?

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Cardinal Pines Estates Ph 3?
The median sale price in Cardinal Pines Estates Ph 3 was $336K over the 12 months ending July 15, 2026 (3 closed sales, Stellar MLS).
How long do homes in Cardinal Pines Estates Ph 3 take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 18 days on market (3 sales, Stellar MLS).
How many homes are in Cardinal Pines Estates Ph 3?
The Florida DOR 2025 assessment roll shows 177 homes in Cardinal Pines Estates Ph 3 (public records).
What share of Cardinal Pines Estates Ph 3 is owner-occupied?
73% of Cardinal Pines Estates 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 Cardinal Pines Estates Ph 3 built?
Homes in Cardinal Pines Estates Ph 3 were built between 1994 and 2004, with a median year built of 2002 (FL DOR 2025 roll).
Do cash buyers compete in Cardinal Pines Estates Ph 3?
Cash buyers took 0% of Cardinal Pines Estates Ph 3 sales in the 12 months ending June 2026 (0 of 3 closings, Stellar MLS).
Who is the best real estate agent for Cardinal Pines Estates Ph 3?
The best agent for Cardinal Pines Estates Ph 3 is one who actively works Mascotte 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 Cardinal Pines Estates Ph 3.
How do I find a top Mascotte real estate agent who knows Cardinal Pines Estates Ph 3?
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 Cardinal Pines Estates Ph 3 and the wider Mascotte area.
Can Momentum Realty connect me with an agent for Cardinal Pines Estates Ph 3?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Cardinal Pines Estates Ph 3 purchase or sale - no call center and no pressure.
Buyers targeting a modestly sized single home near the median who plan to hold for yearsExcellent fit
Value-minded buyers willing to renovate a dated home and build equity through conditionExcellent fit
Sellers with an updated, well-maintained home ready to use tight supply to their advantageExcellent fit
Buyers who need substantially more than roughly 1,778 square feetProbably not
Investors chasing rental turnover in a heavily owner-occupied communityProbably not
Shoppers who need broad selection and cannot wait for the right listing to surfaceProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (10 streets, ZIP 34753))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2004 (97 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.

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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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