Eustis Bay State South Ph 03
Homes for Sale in Eustis, FL

Community in Eustis · Lake County
87 homesBuilt 1959–2006
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Built fromLive Stellar MLS data12 years of closingsFL DOR public recordsUpdated twice daily
Live · Eustis Bay State South Ph 03 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
62%
Owner-occupied · Eustis Bay State South Ph 03
55 of 88 parcels homesteaded (FL DOR 2025)
38%
Non-owner-occupied · Eustis Bay State South Ph 03
incl. 8% trust or LLC-held · 9% out-of-state
40%
Cash buyers · Eustis Bay State South Ph 03
2 of 5 sales, 12 mo ending June 2025
87
Homes in the community
plus 1 vacant residential lots · 88 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1959
Community established
homes built 1959-2006, median 1993 (FL DOR 2025)
2
Failed listings · 2026
peaked at 2 in 2024
2.3%/yr
Turnover rate
about 2 of 87 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Eustis Bay State South Ph 03 is an older, established pocket of Lake County built out between 1959 and 2006, with a median build year of 1993. That range means pricing here is driven almost entirely by condition and updates rather than by a uniform product age — a home from the original build-out and one from the later phase can sit on the same street and show very differently.

With a median living area of 1,170 square feet, this is a compact-footprint community, and recent closing activity has been limited, so pricing signals should be read as directional rather than a tight, high-volume market. Sellers should expect buyers to weigh condition and layout closely; buyers should expect to do some homework on individual unit history rather than lean on neighborhood-wide assumptions.

Best for

  • Buyers looking for a smaller-footprint home and comfortable evaluating condition property-by-property.
  • Owner-occupant buyers planning to stay put, given the community's established homestead pattern.
  • Sellers whose home has been updated and can stand out against older, unrenovated inventory in the same range of years built.

Probably not for

  • Buyers who want a defined amenity package or common recreational facilities as part of the purchase.
  • Buyers seeking a uniform, single-era build where every home shares similar age and systems.
  • Investors expecting high transaction volume or a fast-turning resale market based on recent closing activity.

The market around Eustis Bay State South Ph 03

Eustis Bay State South Ph 03 is a small community — 12 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.

Across Lake County, 3,176 homes are active and 1,107 pending (26% under contract).

The housing mix here is 74% single family residence, 24% townhouse, 2% condominium.

ZIP and county figures describe the wider market, not Eustis Bay State South Ph 03 specifically. Momentum Research analysis of MLS records.

If we were buying in Eustis Bay State South Ph 03 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 Eustis Bay State South Ph 03.

Best Buy
Buyers and sellers who care more about the individual home's condition than about a community amenity package.
Biggest Risk
A wide build-year range means condition and system age vary significantly from one listing to the next.
Sweet Spot
Homes built closer to the 1993 median tend to offer the most predictable balance of age and updates.
Avoid If
You're shopping specifically for shared community amenities, since none are currently identified here.

A community defined by condition, not era

With 87 homes and a build span running nearly five decades, Eustis Bay State South Ph 03 doesn't have a single defining architectural moment — it has layers. The median year built of 1993 puts the bulk of the stock in a mid-life stretch, old enough to need periodic system updates but not so old that most owners are still on original build components.

A homestead share of 62.5% suggests a meaningful portion of the community is owner-occupied under Florida's homestead exemption, which tends to correlate with steadier turnover patterns rather than a market cycling heavily through investor or transient ownership. No community amenities are currently identified from active MLS listings, so buyers should treat the value proposition here as being about the home and lot themselves rather than a shared amenity package.

The location and the amenities are priced into every listing in Eustis Bay State South Ph 03. 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 community with this much build-year spread and no amenity package to lean on, the work is in the details — verifying what's been updated, what hasn't, and what that means for a fair offer or a competitive list price. That's the kind of unglamorous diligence we do on every Eustis Bay State South Ph 03 transaction, whether you're buying into a 1990s-era home or selling a later-phase build.

Eustis Bay State South Ph 03 in 15 seconds.

Best forBuyers and sellers who care more about the individual home's condition than about a community amenity package.
Biggest advantageA compact, efficient floor plan profile keeps carrying costs and maintenance scope reasonably contained.
Biggest riskA wide build-year range means condition and system age vary significantly from one listing to the next.
Sweet spotHomes built closer to the 1993 median tend to offer the most predictable balance of age and updates.
Avoid ifYou're shopping specifically for shared community amenities, since none are currently identified here.

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 Eustis Bay State South Ph 03 sales matched to your home.

What is your Eustis Bay State South Ph 03 home worth?

Get a no-obligation home value based on real comparable sales in Eustis Bay State South Ph 03, 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.

Frequently Asked Questions

How many homes are in Eustis Bay State South Ph 03?
The Florida DOR 2025 assessment roll shows 87 homes plus 1 vacant residential lots in Eustis Bay State South Ph 03 (public records).
What share of Eustis Bay State South Ph 03 is owner-occupied?
62% of Eustis Bay State South Ph 03 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Eustis Bay State South Ph 03 built?
Homes in Eustis Bay State South Ph 03 were built between 1959 and 2006, with a median year built of 1993 (FL DOR 2025 roll).
Do cash buyers compete in Eustis Bay State South Ph 03?
Cash buyers took 40% of Eustis Bay State South Ph 03 sales in the 12 months ending June 2025 (2 of 5 closings, Stellar MLS).
Who is the best real estate agent for Eustis Bay State South Ph 03?
The best agent for Eustis Bay State South Ph 03 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 Eustis Bay State South Ph 03.
How do I find a top Eustis real estate agent who knows Eustis Bay State South Ph 03?
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 Eustis Bay State South Ph 03 and the wider Eustis area.
Can Momentum Realty connect me with an agent for Eustis Bay State South Ph 03?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Eustis Bay State South Ph 03 purchase or sale - no call center and no pressure.
Buyers looking for a smaller-footprint home and comfortable evaluating condition property-by-property.Excellent fit
Owner-occupant buyers planning to stay put, given the community's established homestead pattern.Excellent fit
Sellers whose home has been updated and can stand out against older, unrenovated inventory in the same range of years built.Excellent fit
Buyers who want a defined amenity package or common recreational facilities as part of the purchase.Probably not
Buyers seeking a uniform, single-era build where every home shares similar age and systems.Probably not
Investors expecting high transaction volume or a fast-turning resale market based on recent closing activity.Probably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (7 streets, ZIP 32726))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2014 (25 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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