Formosa Gardens Rolling Hills Estates
Homes for Sale in Kissimmee, FL

All 2,933 homes for sale in Kissimmee, FL · median $373,400 · 617 homes for sale in 34747 · Osceola County homes for sale

Community in Kissimmee · Osceola County · ZIP 34747
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data10 years of closingsUpdated twice daily

As of September 2026, the MLS records 1 closed sale in Formosa Gardens Rolling Hills Estates in Kissimmee, FL, the most recent in April 2016. Across Kissimmee as a whole, 2,431 homes closed in the last 12 months at a median of $387,990, 62 median days on market, with 1,223 homes for sale today. At that median and Osceola County's FY2025-26 rate of 15.23 mills, annual property tax runs about $5,910 ($5,310 with the full homestead exemption).

Part of the Formosa Gardens master-planned community in Kissimmee, FL — see all Formosa Gardens homes for sale (6 listings across 4 villages and sections in the MLS).

Jon Brooks, founder of Momentum Realty
Jon's Current Read

There isn't a deep, active MLS trail on Formosa Gardens Rolling Hills Estates right now, and that itself is the read: this is a smaller Kissimmee pocket that doesn't turn over often enough to generate a reliable pricing pattern on its own. Anyone quoting you a tight price range or a specific appreciation story for this address is extrapolating, not reporting.

For a buyer or seller, that means the sale price on any given home here will be driven almost entirely by that home's own condition, lot, and finish level, not by a well-established neighborhood comp set. Expect to lean on individual home inspections and a broader Kissimmee-area comparison rather than a tidy neighborhood median.

Nearby homes for sale

No active listings inside Formosa Gardens Rolling Hills Estates right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

7989 FORMOSA VALLEY PLACE
$490K · 0.1 mi away
5 bd · 4.5 ba · 2,166 sqft
7989 FORMOSA VALLEY PLACE
Listed by PREMIER SOTHEBYS INT'L REALTY
7965 FORMOSA VALLEY PLACE
$490K · 0.1 mi away
5 bd · 4.5 ba · 2,166 sqft
7965 FORMOSA VALLEY PLACE
Listed by PREMIER SOTHEBYS INT'L REALTY
7997 FORMOSA VALLEY PLACE
$439K · 0.1 mi away
4 bd · 4.5 ba · 2,112 sqft
7997 FORMOSA VALLEY PLACE
Listed by FLORIDA HOMES REALTY & MORTGAGE
8001 FORMOSA VALLEY
$439K · 0.1 mi away
4 bd · 4.5 ba · 2,112 sqft
8001 FORMOSA VALLEY
Listed by ORLANDO BROTHERS BUSINESS LLC
7979 MAGNOLIA BEND COURT
$430K · 0.1 mi away
4 bd · 3 ba · 1,975 sqft
7979 MAGNOLIA BEND COURT
Listed by KICANTO REALTY
7952 FORMOSA VALLEY PLACE
$455K · 0.2 mi away
4 bd · 4.5 ba · 2,112 sqft
7952 FORMOSA VALLEY PLACE
Listed by PREMIER SOTHEBYS INT'L REALTY

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Formosa Gardens Rolling Hills Estates sits in Kissimmee, Osceola County, in a stretch of the market where current MLS activity is thin enough that no confirmed community amenities show up in the listing data.

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

  • Buyers focused on a specific home's condition and lot rather than a branded amenity package
  • Buyers willing to independently verify HOA terms and any shared facilities before writing an offer
  • Sellers comfortable pricing primarily off their home's own upgrades and condition rather than a tight neighborhood comp set

Probably not for

  • Buyers who want a documented clubhouse, pool, or gated amenity package confirmed up front
  • Buyers who need several recent, directly comparable neighborhood sales to feel confident on price
  • Anyone unwilling to do extra due diligence on HOA and community documents beyond the listing sheet

The market around Formosa Gardens Rolling Hills Estates

Formosa Gardens Rolling Hills Estates is too small for its own price trend, so here is the market around it.

In ZIP 34747, 1,258 homes are on the market and 12% are under contract — a slower corner of Kissimmee.

Across Osceola County, 4,423 homes are active and 1,079 pending (20% under contract).

In ZIP 34747 (Kissimmee), 2,598 homes closed in the last 12 months at a median of $458K ($220/sq ft), down 3.9% year over year, with a median 74 days on market. Right now 552 active and 96 pending listings put supply at about 7.3 months — a buyer's market. See the live ZIP 34747 housing market and the Osceola County market.

ZIP and county figures describe the wider market, not Formosa Gardens Rolling Hills Estates specifically. Momentum Research analysis of MLS records.

If we were buying in Formosa Gardens Rolling Hills Estates 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 Formosa Gardens Rolling Hills Estates.

Best Buy
Buyers and sellers comfortable making decisions on individual home merits rather than a well-worn neighborhood track record.
Biggest Risk
Limited MLS history here means pricing and amenity claims need independent verification before you rely on them.
Sweet Spot
A move where you already plan to inspect thoroughly and confirm HOA/amenity status directly rather than trust a listing summary.
Avoid If
You need a community with an established, easily comparable price and amenity track record to feel confident.

A quiet corner with a thin paper trail

The most useful thing we can tell you about Formosa Gardens Rolling Hills Estates is what the data does not show: no clubhouse, pool, gate, or other shared amenity currently appears in active MLS listings for the community. That doesn't mean nothing exists on the ground, only that it isn't being marketed or documented consistently in the feed we track, which is common in smaller or less-turned-over Kissimmee subdivisions.

Practically, that puts more weight on due diligence at the individual property level. If an HOA, amenity package, or deed restriction applies here, you'll want it confirmed through the HOA documents and county records rather than assumed from listing descriptions, since the MLS record alone isn't giving us that picture.

The location and the amenities are priced into every listing in Formosa Gardens Rolling Hills Estates. 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 a light MLS footprint like this one, the value we add is legwork most agents skip: pulling county and HOA records directly, cross-checking condition and lot specifics home by home, and building a realistic comparison set from the broader Kissimmee market instead of leaning on a thin or nonexistent neighborhood trend line.

Formosa Gardens Rolling Hills Estates in 15 seconds.

Best forBuyers and sellers comfortable making decisions on individual home merits rather than a well-worn neighborhood track record.
Biggest advantageKissimmee, Osceola County location, without the noise of heavy amenity fees tied to a documented shared package.
Biggest riskLimited MLS history here means pricing and amenity claims need independent verification before you rely on them.
Sweet spotA move where you already plan to inspect thoroughly and confirm HOA/amenity status directly rather than trust a listing summary.
Avoid ifYou need a community with an established, easily comparable price and amenity track record to feel confident.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • 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 Formosa Gardens Rolling Hills Estates sales matched to your home.

What is your Formosa Gardens Rolling Hills Estates home worth?

Get a no-obligation home value based on real comparable sales in Formosa Gardens Rolling Hills Estates, 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 all homes for sale in Kissimmee →

Real comps, not an automated estimate.
Buyers focused on a specific home's condition and lot rather than a branded amenity packageExcellent fit
Buyers willing to independently verify HOA terms and any shared facilities before writing an offerExcellent fit
Sellers comfortable pricing primarily off their home's own upgrades and condition rather than a tight neighborhood comp setExcellent fit
Buyers who want a documented clubhouse, pool, or gated amenity package confirmed up frontProbably not
Buyers who need several recent, directly comparable neighborhood sales to feel confident on priceProbably not
Anyone unwilling to do extra due diligence on HOA and community documents beyond the listing sheetProbably not

Data sources & freshness

Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2016 (1 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 local comps.

Looking to buy here? Search homes for sale →

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Common questions about Formosa Gardens Rolling Hills Estates

Where is Formosa Gardens Rolling Hills Estates?

Formosa Gardens Rolling Hills Estates is a community in Kissimmee, Osceola County, Florida, ZIP 34747.

Are there homes for sale in Formosa Gardens Rolling Hills Estates right now?

No active listings inside Formosa Gardens Rolling Hills Estates at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does Formosa Gardens Rolling Hills Estates have an HOA or CDD?

No HOA is on record for Formosa Gardens Rolling Hills Estates in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Nearby Communities

Explore more neighborhoods near Formosa Gardens Rolling Hills Estates with Momentum Realty’s local guides.

RHRolling Hills Estates0.1 mi away · median $288K, 3 sales/12 moFormosa Valley0.2 mi away · median $452K, 4 sales/12 moRHRolling Hills Estates0.2 mi away · median $440K, 8 sales/12 moIndian Creek0.3 mi away · median $441K, 35 sales/12 moICIndian Creek0.3 mi awayICIndian Creek0.3 mi away

Browse all neighborhood guides →

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