Forest Lakes & Hills in Eustis

Forest Lakes & Hills
Homes for Sale in Eustis, FL

All 208 homes for sale in Eustis, FL · median $388,814 · 66 homes for sale in 32736 · Lake County homes for sale

Community in Eustis · Lake County · ZIP 32736
101 homesBuilt 1950–2024
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Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily

As of October 2026, the MLS records 19 closed sales in frst lakes & hills add 02 in Eustis, FL since 2015, the most recent in March 2026. Across Eustis as a whole, 193 homes closed in the last 12 months at a median of $372,234, 52 median days on market, with 42 homes for sale today. At that median and Lake County's FY2025-26 rate of 16.65 mills, annual property tax runs about $6,200 ($5,530 with the full homestead exemption).

frst lakes & hills add 02 key facts
LocationEustis, Lake County, FL · ZIP 32736
Homes in the community101 (FL DOR 2025 assessment roll)
Years built1950–2024 (median 1988)
Typical living area1,344 sq ft (median)
For sale right now0 active, 0 pending
Owner-occupied (homestead) share69%

Data as of September 20, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2015 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “frst lakes & hills add 02 key facts,” movewithmomentum.com/neighborhoods/frst-lakes-hills-add-02-eustis, data as of September 20, 2026.

Live · Forest Lakes & Hills Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0 · 0
For sale · pending
live counts, refreshed twice daily
2
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
69%
Owner-occupied · Forest Lakes & Hills
76 of 110 parcels homesteaded (FL DOR 2025)
31%
Non-owner-occupied · Forest Lakes & Hills
incl. 7% trust or LLC-held · 1% out-of-state
101
Homes in the community
plus 9 vacant residential lots · 110 residential parcels (FL DOR 2025)
Track record · 11 years of records
6
Recorded sales · 2024-2025
median $190K · qualified sales on the county roll (FL DOR 2025)
Est. 1950
Community established
homes built 1950-2024, median 1988 (FL DOR 2025)
2.0%/yr
Turnover rate
about 2 of 101 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

There is nothing active in Frst Lakes Hills Add 02 right now, so today's read is built entirely on the resale fabric of the neighborhood rather than a live list-price signal. With 101 homes total and a median build year of 1988, this is a settled pocket of Eustis where most of the housing stock is several decades old, mixed with a handful of newer builds stretching to 2024. That range matters more than any single number: buyers here are choosing between original-condition mid-century homes and later infill, and pricing conversations should start with condition and system age, not a headline figure.

The homestead share sitting near 69% tells you this is a community where a large majority of owners have filed for the exemption, which usually signals longer hold periods and less turnover pressure. Combined with zero active listings, that points to a market where inventory shows up in small batches rather than a steady stream. Sellers should expect to compete less on price and more on presenting a well-maintained home clearly; buyers should be ready to move when something does list, since there is no backlog to shop from at the moment.

Nearby homes for sale

No active listings inside frst lakes & hills add 02 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.

39913 SWIFT ROAD
$275K · 0.6 mi away
3 bd · 2 ba · 1,620 sqft
39913 SWIFT ROAD
Listed by GUILLOT REALTY LLC.
40200 SWIFT ROAD
$549K · 1.0 mi away
2 bd · 1 ba · 1,062 sqft
40200 SWIFT ROAD
Listed by LA ROSA REALTY ORLANDO LLC
40415 COUNTRY ROAD
$299K · 1.2 mi away
5 bd · 2 ba · 1,776 sqft
40415 COUNTRY ROAD
Listed by STIRLING INTERNATIONAL REAL ES
40390 COUNTRY ROAD
$275K · 1.3 mi away
4 bd · 3 ba · 2,001 sqft
40390 COUNTRY ROAD
Listed by DALTON WADE INC
31638 LAKE DRIVE
$170K · 1.5 mi away
3 bd · 2 ba · 960 sqft
31638 LAKE DRIVE
Listed by KROLL REALTY GROUP
31032 RORY LANE
$230K · 1.7 mi away
3 bd · 3 ba · 1,384 sqft
31032 RORY LANE
Listed by RLW REALTY

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

The 60-Second Overview

Frst Lakes Hills Add 02 is a modest-sized, established subdivision in Eustis where home vintages span from 1950 through 2024, giving it a layered mix of original construction and newer builds rather than a single-era look.

Stellar MLS sales records identify 34 homes in forest lakes & hills that have changed hands since 2005, built between 1972 and 2025 (median 1992), with a median living area of about 1,412 sq ft and a typical 3-bedroom, 2-bath layout. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

County records show 6 qualified sales in forest lakes & hills across 2024 - 2025 (3 in 2024, 3 in 2025), median $190,000 - the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

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 comfortable evaluating a wide range of build years and prioritizing condition over a uniform neighborhood look.
  • Long-term buyers who value a community with a high owner-occupancy pattern and lower turnover.
  • Buyers working with an agent to source off-market or pre-list opportunities given the current lack of active inventory.

Probably not for

  • Buyers who want to compare several active listings side by side before deciding.
  • Buyers seeking a single, consistent build era or a newer-construction-only subdivision.
  • Buyers relying on identified community amenities as a deciding factor, since none are listed in current MLS data.

The market around Forest Lakes & Hills

Forest Lakes & Hills is too small for its own price trend, so here is the market around it.

In ZIP 32736, 98 homes are on the market and 31% are under contract — a fast-moving corner of Eustis.

Across Lake County, 3,234 homes are active and 1,077 pending (25% under contract).

In ZIP 32736 (Eustis), 170 homes closed in the last 12 months at a median of $500K ($235/sq ft), up 5.4% year over year, with a median 45 days on market. Right now 27 active and 12 pending listings put supply at about 8.7 months - a buyer's market. See the live ZIP 32736 housing market and the Lake County market.

ZIP and county figures describe the wider market, not Forest Lakes & Hills specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in frst lakes & hills add 02, Eustis

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 1 listings
Distress share trend - 0.0% now (2026-09-14 → 2026-09-23)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.

If we were buying in Forest Lakes & Hills 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 Forest Lakes & Hills.

Best Buy
Buyers who want an established Eustis neighborhood with a mix of home ages rather than a uniform, brand-new subdivision.
Biggest Risk
With zero active listings, buyers have no current inventory to compare against, and sellers have little live competition to price off of.
Sweet Spot
Homes built closer to the 1988 median tend to offer the most predictable condition-to-price relationship in this range.
Avoid If
Skip this community if you need a wide active selection to choose from right now, since there is nothing listed at this snapshot.

A Long Build Timeline, A Quiet Resale Market

With only 101 homes in the community and a median living area of 1,344 square feet, this is a neighborhood built around modest-footprint homes rather than large-format construction. The 1950-to-2024 build range is wide enough that two homes on the same street can differ by generations in systems, layout, and construction standards, so any serious buyer needs to treat each listing as its own case rather than assuming a typical build year across the community.

The 69.1% homestead share is a useful proxy for stability: a majority of owners have established the property as their primary residence long enough to file for exemption, which tends to correlate with lower turnover. Paired with zero active listings as of this snapshot, it suggests inventory here moves in isolated events rather than a continuous flow, and pricing has to be benchmarked off recent closings and comparable condition rather than a current competitive set.

“

The location and the amenities are priced into every listing in Forest Lakes & Hills. 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 no active listings and a wide build-year spread, pricing a home correctly depends on knowing which comparable closings actually reflect current condition and which are outliers from an older or newer build. Momentum tracks the closings that do move through this pocket of Eustis so sellers price with real data instead of guesswork, and buyers know what a listing should compete against when the next one appears.

Forest Lakes & Hills in 15 seconds.

Best forBuyers who want an established Eustis neighborhood with a mix of home ages rather than a uniform, brand-new subdivision.
Biggest advantageThe high homestead share points to a stable, long-held resale base rather than frequent turnover.
Biggest riskWith zero active listings, buyers have no current inventory to compare against, and sellers have little live competition to price off of.
Sweet spotHomes built closer to the 1988 median tend to offer the most predictable condition-to-price relationship in this range.
Avoid ifSkip this community if you need a wide active selection to choose from right now, since there is nothing listed at this snapshot.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Forest Lakes & Hills homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Forest Lakes & Hills.
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 Forest Lakes & Hills sales matched to your home.

What is your Forest Lakes & Hills home worth?

Get a no-obligation home value based on real comparable sales in Forest Lakes & Hills, 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 Eustis →

Real comps, not an automated estimate.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Lake County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,250/mo
Lake County typical true cost to own
$146/mo
Lake County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

Frequently Asked Questions

How many homes are in Forest Lakes & Hills?
The Florida DOR 2025 assessment roll shows 101 homes plus 9 vacant residential lots in Forest Lakes & Hills (public records).
What share of Forest Lakes & Hills is owner-occupied?
69% of Forest Lakes & Hills parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Forest Lakes & Hills built?
Homes in Forest Lakes & Hills were built between 1950 and 2024, with a median year built of 1988 (FL DOR 2025 roll).
Who is the best real estate agent for Forest Lakes & Hills?
The best agent for Forest Lakes & Hills 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 Forest Lakes & Hills.
How do I find a top Eustis real estate agent who knows Forest Lakes & Hills?
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 Forest Lakes & Hills and the wider Eustis area.
Can Momentum Realty connect me with an agent for Forest Lakes & Hills?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Forest Lakes & Hills purchase or sale - no call center and no pressure.
Where is Forest Lakes & Hills, and what county is it in?
Forest Lakes & Hills is in Eustis, Lake County, FL, ZIP 32736. The community's center is about 23 miles east of the center of Eustis (straight-line).
Buyers comfortable evaluating a wide range of build years and prioritizing condition over a uniform neighborhood look.Excellent fit
Long-term buyers who value a community with a high owner-occupancy pattern and lower turnover.Excellent fit
Buyers working with an agent to source off-market or pre-list opportunities given the current lack of active inventory.Excellent fit
Buyers who want to compare several active listings side by side before deciding.Probably not
Buyers seeking a single, consistent build era or a newer-construction-only subdivision.Probably not
Buyers relying on identified community amenities as a deciding factor, since none are listed in current MLS data.Probably not

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: October 9, 2026)
Housing stock & ownershipFlorida DOR assessment roll (street-list match (6 streets, ZIP 32736))
Under-contract sharesStellar MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2015 (19 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.

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CallFree valuation →
Thinking of selling in frst lakes & hills add 02? 2 recorded closings (window ending 2026-09-20). 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.

Nearby Communities

Explore more neighborhoods near Forest Lakes & Hills with Momentum Realty’s local guides.

Blackwater Oaks0.5 mi away · 27 homes, built 1971–23FLForest Lakes Hills0.8 mi awayPine Lakes South2.2 mi away · 269 homes, built 1921–24, 1 for salePine Park2.4 mi away · 26 homes, built 1955–24Pine Lakes2.5 mi away · 562 homes, built 1881–24, 1 for saleForest Park2.6 mi away · 2 for sale

Browse all neighborhood guides →

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