Greater Lakes Ph 1
Homes for Sale in Clermont, FL
True comps, carrying-cost math, and listings before the portals.

Greater Lakes Ph 1 is a single-phase build-out that ran from 2007 through 2019, with a median year built of 2011 — so the housing stock reads as established rather than new, and buyers should expect a mix of original systems alongside homes that have already been through one or two rounds of updates. With 126 homes total, this is a small, contained pool, which means inventory swings can move the market's tone quickly in either direction.
There is no formal amenity package tied to current MLS listings, so pricing here is driven almost entirely by the home itself — size, condition, and lot — rather than a clubhouse or gate. At a median living area of 2,530 square feet, this skews toward larger single-family floor plans, and with 81% of homes carrying a homestead exemption, the community reads as primarily owner-occupied rather than investor- or rental-heavy, which tends to support steadier upkeep across the block.
Who Greater Lakes Ph 1 is best for.
Best for
- Buyers who want more square footage per dollar and are comfortable evaluating a home on its own merits, not a shared amenity package.
- Buyers planning to occupy the home as a primary residence, in line with the community's largely owner-occupied pattern.
- Buyers comfortable with a construction window spanning 2007 to 2019 and doing home-specific diligence on systems and updates.
Probably not for
- Buyers whose budget or plan depends on a community clubhouse, pool, or recreation program — none is identified here.
- Buyers seeking a large, deep comp pool for pricing confidence; this is a small, 126-home community.
- Investors expecting a rental-heavy, turnover-driven market — the high homestead share points the other way.
The market around Greater Lakes Ph 1
Greater Lakes Ph 1 is a small community — 17 recorded sales on file, most recently in 2025 — 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 Lakes Ph 1 specifically. Momentum Research analysis of MLS records.
The Greater Lakes Ph 1 buying strategy.
If we were buying in Greater Lakes Ph 1 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 Greater Lakes Ph 1.
A build without a badge
The construction window here — 2007 to 2019, median 2011 — means most homes are old enough to have real maintenance history but young enough to avoid the deferred-systems risk of older Central Florida stock. At a median 2,530 square feet, the floor plans lean toward move-up buyers looking for space rather than entry-level compact product, which shapes who tends to shop this pocket of Clermont.
The absence of identified community amenities in current listings is worth sitting with rather than glossing over: there is no clubhouse, gate, or shared recreation draw carrying part of the value here. That puts more weight on the individual home — layout, lot, updates — and less on a community fee structure, which can be an advantage for buyers who would rather not pay HOA dues for facilities they will not use.
The location and the amenities are priced into every listing in Greater Lakes Ph 1. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small, 126-home pool with no amenity story to lean on, pricing precision comes down to reading individual homes against a thin comp set correctly — that is where local, hands-on evaluation matters more than a generic market report.
Greater Lakes Ph 1 in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Greater Lakes Ph 1 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 Greater Lakes Ph 1 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Greater Lakes Ph 1, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Greater Lakes Ph 1 home worth?
Get a no-obligation home value based on real comparable sales in Greater Lakes Ph 1, 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 Greater Lakes Ph 1 on the map →
Frequently Asked Questions
How many homes are in Greater Lakes Ph 1?
What share of Greater Lakes Ph 1 is owner-occupied?
When were the homes in Greater Lakes Ph 1 built?
Do cash buyers compete in Greater Lakes Ph 1?
Who is the best real estate agent for Greater Lakes Ph 1?
How do I find a top Clermont real estate agent who knows Greater Lakes Ph 1?
Can Momentum Realty connect me with an agent for Greater Lakes Ph 1?
Should you buy in Greater Lakes Ph 1?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (4 streets, ZIP 34711/34714)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2013 (8 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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