Forest Glenn Phase I market snapshot (as of June 24, 2026): the median sale price is about $135K ($106 per sq ft), with homes averaging 188 days on market and 16.0 months of supply, a buyer's market (limited data). Based on 3 recent closings in live Stellar MLS data.
Forest Glenn Phase I is a small resident-owned, self-managed 55+ manufactured-home co-op at 1431 Friar Tuck Lane in Spring Hill, Hernando County, with roughly 94 lots (Forest Glenn Co-op, 2026; MHVillage park listing, 2026). It markets itself as an active-adult community offering a relaxed, coastal-country lifestyle about a mile inland from the Gulf of Mexico near Hernando Beach.
Because this is a co-op rather than a rental park or a fee-simple subdivision, a buyer purchases both a home and a membership share in the corporation that owns the common land, and pays a monthly co-op fee. The 55+ rule means at least one resident must be at least 55 and a spouse or partner must be at least 45 (Forest Glenn Co-op, 2026). Homes are primarily manufactured, with some available building sites; confirm the home type, year, and lot for any specific listing.
The money here is made or lost on the co-op, the share, and the home, not on a street average. The drivers are the membership share price, the monthly co-op fee and exactly what it covers, the reserves and self-management track record of the corporation, and the condition, age, and tie-down or roof status of the specific manufactured home, all of which have to be read from the co-op documents and the home inspection.
The pitch is an affordable, low-maintenance, amenity-light coastal-country lifestyle: the co-op fee covers lawn service, trash, a heated pool, a clubhouse, shuffleboard, horseshoes, billiards, a storage yard, and street upkeep, and the location puts Hernando Beach, Weeki Wachee, Cortez Boulevard shopping, and the Suncoast Parkway south toward Tampa within an easy drive. The work is the diligence: read the bylaws and reserves, confirm the fee and share terms, and check the flood zone before you buy.
