FRST LAKES & HILLS ADD 02
Homes for Sale in EUSTIS, FL
True comps, carrying-cost math, and listings before the portals.

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.
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.
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.
The setting & the homes.
Aerial and on-site photos of FRST LAKES & HILLS ADD 02. Swipe to explore the community.
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Who FRST LAKES & HILLS ADD 02 is best for.
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 FRST LAKES & HILLS ADD 02
FRST LAKES & HILLS ADD 02 is a small community — 23 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.
In ZIP 32736, 107 homes are on the market and 22% are under contract — a steady corner of EUSTIS.
Across Lake County, 3,224 homes are active and 1,105 pending (26% under contract).
The housing mix here is 46% manufactured home - post 1977, 29% single family residence, 14% manufactured home.
ZIP and county figures describe the wider market, not FRST LAKES & HILLS ADD 02 specifically. Momentum Research analysis of MLS records.
The FRST LAKES & HILLS ADD 02 buying strategy.
If we were buying in FRST LAKES & HILLS ADD 02 today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 FRST LAKES & HILLS ADD 02.
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 FRST LAKES & HILLS ADD 02. The deal is won or lost on condition, the comps, and the renovation math.
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.
FRST LAKES & HILLS ADD 02 in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a FRST LAKES & HILLS ADD 02 buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed FRST LAKES & HILLS ADD 02 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in FRST LAKES & HILLS ADD 02, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your FRST LAKES & HILLS ADD 02 home worth?
Get a no-obligation home value based on real comparable sales in FRST LAKES & HILLS ADD 02, 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 homes for sale in FRST LAKES & HILLS ADD 02 on the map →
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.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Lake County scorecard.
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.
FRST LAKES & HILLS ADD 02 Market Scorecard
FRST LAKES & HILLS ADD 02 is currently a no active listings market. Limited supply, a median asking price of n/a.
Typical home value in the 32736 ZIP is $478,543, about 14.6% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Frequently Asked Questions
How many homes are in FRST LAKES & HILLS ADD 02?
What share of FRST LAKES & HILLS ADD 02 is owner-occupied?
When were the homes in FRST LAKES & HILLS ADD 02 built?
Do cash buyers compete in FRST LAKES & HILLS ADD 02?
Who is the best real estate agent for FRST LAKES & HILLS ADD 02?
How do I find a top EUSTIS real estate agent who knows FRST LAKES & HILLS ADD 02?
Can Momentum Realty connect me with an agent for FRST LAKES & HILLS ADD 02?
Should you buy in FRST LAKES & HILLS ADD 02?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near FRST LAKES & HILLS ADD 02 with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: August 2, 2026) |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (6 streets, ZIP 32736)) |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-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.
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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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