Greater Hills Ph 02
Homes for Sale in Clermont, FL

Community in Clermont · Lake County
129 homesBuilt 1990–1992
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Built fromLive Stellar MLS data12 years of closingsFL DOR public recordsUpdated twice daily
Live · Greater Hills Ph 02 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
86%
Owner-occupied · Greater Hills Ph 02
111 of 129 parcels homesteaded (FL DOR 2025)
14%
Non-owner-occupied · Greater Hills Ph 02
incl. 5% trust or LLC-held · 3% out-of-state
33%
Cash buyers · Greater Hills Ph 02
1 of 3 sales, 12 mo ending June 2024
129
Homes in the community
129 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1990
Community established
homes built 1990-1992, median 1991 (FL DOR 2025)
0
Failed listings · 2024
peaked at 4 in 2016
0.8%/yr
Turnover rate
about 1 of 129 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Greater Hills Ph 02 is a small, stable pocket of 129 homes in Clermont, built tightly between 1990 and 1992. That narrow construction window matters: floor plans and lot sizes are broadly consistent, so what moves price here is condition and updates rather than square footage. With a median living area of roughly 1,659 square feet, these are right-sized single-story-era homes, and the spread you see in sale prices is driven mostly by how much work a given house has had done.

About 86% of homes carry a homestead exemption, which tells you this is a lived-in, owner-occupied community rather than an investor churn. Turnover tends to be thin, so both sides should be patient. For sellers, an updated home shows well against tired comps. For buyers, expect competition on the move-in-ready listings and more room to negotiate on the ones that need cosmetic work.

Best for

  • Buyers seeking a modestly sized, established home and willing to inspect original-era systems closely
  • Long-hold buyers who value a stable, owner-occupied street over rapid turnover
  • Renovation-minded buyers who can spot a fixer priced below the updated comps

Probably not for

  • Buyers who need substantially more than roughly 1,659 square feet of living space
  • Buyers on a tight timeline who can't wait for limited inventory to surface
  • Buyers wanting new construction who won't take on any updating or system replacement

The market around Greater Hills Ph 02

Greater Hills Ph 02 is a small community — 7 recorded sales on file, most recently in 2024 — 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).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Greater Hills Ph 02 specifically. Momentum Research analysis of MLS records.

If we were buying in Greater Hills Ph 02 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 Greater Hills Ph 02.

Best Buy
Buyers who want an established Clermont address with right-sized early-1990s homes.
Biggest Risk
Original-era systems mean deferred maintenance can hide in cheaper listings.
Sweet Spot
A well-updated home bought at a fixer's discount, or an honest fixer priced for the work.
Avoid If
You need a large footprint or a steady stream of listings to choose from.

Condition, not square footage, sets the number

When a community is built in a three-year window and clusters around 1,659 square feet, the usual price lever — more space — largely disappears. What remains is condition. Roofs, HVAC systems, kitchens, and baths from the original build era are now well past their first life, so an updated home and a deferred-maintenance home can sit far apart on price even when they share the same footprint. Read the improvements, not just the listing photos.

With 86% homestead and only 129 homes total, listings don't come up constantly. That thinness cuts both ways: a well-prepped seller faces limited direct competition, while a buyer who waits for the exact right house may wait a while. Knowing what's traded recently and what condition it was in is the whole game here.

The location and the amenities are priced into every listing in Greater Hills Ph 02. 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 neighborhood this uniform and this thinly traded, pricing is won or lost on condition analysis and recent comps. We track what actually closes in Greater Hills Ph 02, separate the updated sales from the fixer sales, and price accordingly — so sellers don't leave money on an improved home and buyers don't overpay for cosmetics. That local read is worth more than any headline number.

Greater Hills Ph 02 in 15 seconds.

Best forBuyers who want an established Clermont address with right-sized early-1990s homes.
Biggest advantageUniform age and size make comps readable once you account for condition.
Biggest riskOriginal-era systems mean deferred maintenance can hide in cheaper listings.
Sweet spotA well-updated home bought at a fixer's discount, or an honest fixer priced for the work.
Avoid ifYou need a large footprint or a steady stream of listings to choose from.

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 Greater Hills Ph 02 sales matched to your home.

What is your Greater Hills Ph 02 home worth?

Get a no-obligation home value based on real comparable sales in Greater Hills Ph 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.

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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Greater Hills Ph 02?
The Florida DOR 2025 assessment roll shows 129 homes in Greater Hills Ph 02 (public records).
What share of Greater Hills Ph 02 is owner-occupied?
86% of Greater Hills Ph 02 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Greater Hills Ph 02 built?
Homes in Greater Hills Ph 02 were built between 1990 and 1992, with a median year built of 1991 (FL DOR 2025 roll).
Do cash buyers compete in Greater Hills Ph 02?
Cash buyers took 33% of Greater Hills Ph 02 sales in the 12 months ending June 2024 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for Greater Hills Ph 02?
The best agent for Greater Hills Ph 02 is one who actively works Clermont 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 Greater Hills Ph 02.
How do I find a top Clermont real estate agent who knows Greater Hills Ph 02?
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 Greater Hills Ph 02 and the wider Clermont area.
Can Momentum Realty connect me with an agent for Greater Hills Ph 02?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Greater Hills Ph 02 purchase or sale - no call center and no pressure.
Buyers seeking a modestly sized, established home and willing to inspect original-era systems closelyExcellent fit
Long-hold buyers who value a stable, owner-occupied street over rapid turnoverExcellent fit
Renovation-minded buyers who can spot a fixer priced below the updated compsExcellent fit
Buyers who need substantially more than roughly 1,659 square feet of living spaceProbably not
Buyers on a tight timeline who can't wait for limited inventory to surfaceProbably not
Buyers wanting new construction who won't take on any updating or system replacementProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (5 streets, ZIP 34711))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2014 (16 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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