Highland Lakes Ph 01
Homes for Sale in Leesburg, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Price here is driven by home condition and updates, not by a single build era. The community spans homes built from 1990 to 2024, with the middle of the pack dating to 1992, so what you pay tracks closely to how much modernizing a given home has already absorbed. The median sits at $259,250, or about $151.59 a square foot on a typical footprint near 1,473 square feet, and the spread around that median is condition-led rather than location-led.
The current posture favors patience on both sides. A median of 75 days on market and a heat score of 19 tell you this is a slow, negotiable market where well-prepared listings still move and buyers have room to inspect and push. Values are essentially flat year over year at -0.3 percent, so neither side should expect the clock to do their work for them.
Highland Lakes Ph 01 right now
🟡 Off the recent peak. The trailing-12-month median ($259K) is down 0.3% from the prior 12 months ($260K). With about 5 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 13. Confidence: Medium (10 and 13 sales in the two windows).
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Updated July 13, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Highland Lakes Ph 01 market snapshot (as of July 13, 2026): the median sale price is about $259K ($152 per sq ft over the trailing 12 months of closed sales), and a median 75 days on market for closed sales. The trailing-12-month median is down 0% from the prior 12 months, computed from record-level Stellar MLS closed sales (10 closings in the current window).
Highland Lakes Ph 01 is a community of 325 homes in Leesburg, Lake County, built between 1990 and 2024 (median 1992), with a median living area of about 1,473 square feet. 82% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Highland Lakes Ph 01 is a mature Leesburg community of 325 homes in Lake County, where roughly 83 percent of homes carry a homestead exemption — a sign of an owner-occupied, settled section rather than a churn-driven one.
Who Highland Lakes Ph 01 is best for.
Best for
- Buyers targeting a mid-$250s budget who want a settled, owner-occupied section
- Patient buyers who want time to inspect and negotiate rather than compete on speed
- Buyers open to either an updated home or a project priced to its condition
Probably not for
- Buyers who need to resell quickly in a fast-moving market
- Buyers counting on year-over-year price gains, which are essentially flat here
- Buyers who want move-in-ready certainty without vetting each home's condition
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 13 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($259K) IS the median in the snapshot above, and the move from 2025 ($260K) IS the -0.3% one-year change.
Windows contain 0 to 13 sales each (10 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.
The Highland Lakes Ph 01 buying strategy.
If we were buying in Highland Lakes Ph 01 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 Highland Lakes Ph 01.
A slow, condition-driven market
With a median build year of 1992 and homes reaching as new as 2024, this is a place where two listings at similar square footage can sit far apart on price depending on kitchens, roofs, and systems. There is no shortcut around walking the homes; the median of about 1,473 living square feet is a useful anchor, but the finish level is what sets the number.
The pace is deliberate. Seventy-five days is the typical time to a contract here, and the low heat score reflects a market with more room to negotiate than to bid up. For sellers that means presentation and pricing discipline matter; for buyers it means the leverage to inspect carefully and structure terms without racing a crowd.
The location and the amenities are priced into every listing in Highland Lakes Ph 01. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Highland Lakes Ph 01 buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (6.7). Basis: Recent Direction -0.3% year-over-year; Owner Commitment 82% owner-occupied; Pricing Power 94.1% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market this condition-sensitive and this slow to clear, the money is made in the details — pricing to the actual finish level of a home, not a neighborhood average, and reading the negotiating room a 75-day pace creates. We price to condition, prep listings to stand out against a wide range of updated and original homes, and advise buyers on where inspection findings translate into real leverage.
Highland Lakes Ph 01 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 Highland Lakes Ph 01 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 Highland Lakes Ph 01 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Highland Lakes Ph 01, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Highland Lakes Ph 01 home worth?
Get a no-obligation home value based on real comparable sales in Highland Lakes Ph 01, 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 Highland Lakes Ph 01 on the map →
Frequently Asked Questions
What is the median home price in Highland Lakes Ph 01?
How long do homes in Highland Lakes Ph 01 take to sell?
How many homes are in Highland Lakes Ph 01?
What share of Highland Lakes Ph 01 is owner-occupied?
When were the homes in Highland Lakes Ph 01 built?
Do cash buyers compete in Highland Lakes Ph 01?
Who is the best real estate agent for Highland Lakes Ph 01?
How do I find a top Leesburg real estate agent who knows Highland Lakes Ph 01?
Can Momentum Realty connect me with an agent for Highland Lakes Ph 01?
Should you buy in Highland Lakes Ph 01?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 13, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (6 streets, ZIP 34748)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2014 (66 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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