Greater Hills Ph 5
Homes for Sale in Clermont, FL

Community in Clermont · Lake County
128 homesBuilt 1992–1998
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Built fromLive Stellar MLS data18 years of closingsFL DOR public recordsUpdated twice daily
Live · Greater Hills Ph 5 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 0 a year
Ownership and context
84%
Owner-occupied · Greater Hills Ph 5
108 of 128 parcels homesteaded (FL DOR 2025)
16%
Non-owner-occupied · Greater Hills Ph 5
incl. 6% trust or LLC-held · 3% out-of-state
128
Homes in the community
128 residential parcels (FL DOR 2025)
Track record · 18 years of records
Est. 1992
Community established
homes built 1992-1998, median 1994 (FL DOR 2025)
0
Failed listings · 2015
peaked at 5 in 2007
0.8%/yr
Turnover rate
about 1 of 128 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Greater Hills Ph 5 is a compact, built-out pocket of 128 homes in Clermont, all raised in a tight window between 1992 and 1998. When the housing stock is this uniform in age and the median footprint sits around 1,597 square feet, price is driven less by which model you buy and more by condition. Updated interiors, roofs, systems, and lot position will separate the numbers here far more than square footage will.

With no median price in this snapshot, treat pricing as condition-first: a well-maintained, updated home should command a premium over one that still wears its original finishes. For sellers, that means the return on smart, visible updates is real. For buyers, it means underwriting the deferred maintenance carefully on a home that is now roughly three decades old.

Best for

  • Buyers seeking a right-sized single-story-scale home near the median footprint and willing to budget for updates
  • Owner-occupants who value a stable, built-out neighborhood over a churning investor market
  • Value-focused buyers ready to trade original finishes for a lower entry point and update on their own timeline

Probably not for

  • Buyers who want new-construction finishes, warranties, and no roof or systems risk
  • Those needing significantly more than roughly 1,597 square feet of living space
  • Investors chasing high turnover and quick flips in a heavily owner-occupied pocket

The market around Greater Hills Ph 5

Greater Hills Ph 5 is a small community — 12 recorded sales on file, most recently in 2015 — 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 5 specifically. Momentum Research analysis of MLS records.

If we were buying in Greater Hills Ph 5 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 5.

Best Buy
Buyers who want an established Clermont neighborhood over new construction.
Biggest Risk
Homes are roughly three decades old, so roof and systems condition matters a lot.
Sweet Spot
A well-updated home in the ~1,597 sq ft median range, bought on verified condition.
Avoid If
You need new-build finishes and warranties with no deferred maintenance.

A built-out 1990s pocket where condition sets price

The homes here date to 1992 through 1998, with a median build year of 1994. At that age, the practical questions are consistent across the neighborhood: roof age, HVAC, water heater, windows, and whether the kitchen and baths have been touched since original construction. The median living area of about 1,597 square feet points to right-sized, single-family layouts rather than sprawling floor plans.

The homestead share of roughly 84% signals a neighborhood held largely by owner-occupants rather than short-hold investors. That typically means fewer distressed or rushed listings and a market that moves on genuine life changes. Inventory can be thin as a result, so when a well-kept home lists, it deserves attention.

The location and the amenities are priced into every listing in Greater Hills Ph 5. 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 built-out neighborhood this uniform, the edge is in reading condition against price — knowing which updates a buyer should discount for and which a seller should invest in before listing. We work Clermont and Lake County closely, and we will price and prep from the actual comparable sales, not a guess, so you are negotiating from evidence.

Greater Hills Ph 5 in 15 seconds.

Best forBuyers who want an established Clermont neighborhood over new construction.
Biggest advantageHigh owner-occupancy tends to mean a steadier, less speculative resale market.
Biggest riskHomes are roughly three decades old, so roof and systems condition matters a lot.
Sweet spotA well-updated home in the ~1,597 sq ft median range, bought on verified condition.
Avoid ifYou need new-build finishes and warranties with no deferred maintenance.

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 5 sales matched to your home.

What is your Greater Hills Ph 5 home worth?

Get a no-obligation home value based on real comparable sales in Greater Hills Ph 5, 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 5?
The Florida DOR 2025 assessment roll shows 128 homes in Greater Hills Ph 5 (public records).
What share of Greater Hills Ph 5 is owner-occupied?
84% of Greater Hills Ph 5 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 5 built?
Homes in Greater Hills Ph 5 were built between 1992 and 1998, with a median year built of 1994.0 (FL DOR 2025 roll).
Who is the best real estate agent for Greater Hills Ph 5?
The best agent for Greater Hills Ph 5 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 5.
How do I find a top Clermont real estate agent who knows Greater Hills Ph 5?
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 5 and the wider Clermont area.
Can Momentum Realty connect me with an agent for Greater Hills Ph 5?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Greater Hills Ph 5 purchase or sale - no call center and no pressure.
Buyers seeking a right-sized single-story-scale home near the median footprint and willing to budget for updatesExcellent fit
Owner-occupants who value a stable, built-out neighborhood over a churning investor marketExcellent fit
Value-focused buyers ready to trade original finishes for a lower entry point and update on their own timelineExcellent fit
Buyers who want new-construction finishes, warranties, and no roof or systems riskProbably not
Those needing significantly more than roughly 1,597 square feet of living spaceProbably not
Investors chasing high turnover and quick flips in a heavily owner-occupied pocketProbably 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 2008 (12 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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