Highland Lakes Ph 02B
Homes for Sale in Leesburg, FL
True comps, carrying-cost math, and listings before the portals.
Highland Lakes Ph 02B is a 1990s-built pocket of Leesburg, with homes dating from 1990 to 2005 and a median build year of 1994. At a median price of $262,500 and roughly $163 per square foot, this is a value-oriented segment of the Lake County market, and pricing here tracks condition and updates more than location or amenities.
The median days on market sits at 42.5, meaning listings are typically taking over six weeks to find a contract. That pace, combined with a modest six-closing sample in the current window, points to a market that rewards realistic pricing from the start rather than testing the top of the range.
The 60-Second Overview
Highland Lakes Ph 02B market snapshot (as of July 13, 2026): the median sale price is about $262K ($163 per sq ft over the trailing 12 months of closed sales), and a median 43 days on market for closed sales.
Highland Lakes Ph 02B is a community of 127 homes in Leesburg, Lake County, built between 1990 and 2005 (median 1994), with a median living area of about 1,579 square feet. 84% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
This is an established, built-out section of Leesburg with 127 homes and a median living area of 1,579 square feet, sized for buyers looking for an efficient footprint rather than maximum square footage.
Who Highland Lakes Ph 02B is best for.
Best for
- Buyers prioritizing a lower entry price point over community amenities.
- Buyers comfortable evaluating 1990s-era construction and budgeting for condition-driven updates.
- Buyers wanting a modest, efficient living footprint near the 1,579-square-foot median rather than a larger newer build.
Probably not for
- Buyers who want on-site amenities such as a pool, clubhouse, or recreation facilities.
- Buyers expecting a fast, high-volume resale market given the limited recent closing activity.
- Buyers who want new or near-new construction rather than a home built between 1990 and 2005.
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 ($262K) IS the median in the snapshot above.
Windows contain 0 to 6 sales each (6 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 02B buying strategy.
If we were buying in Highland Lakes Ph 02B 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 02B.
What's actually driving value here
With a median year built of 1994 and a range running to 2005, Highland Lakes Ph 02B is a mature community where the age and condition of mechanicals, roofs, and finishes will separate one listing from another far more than lot position. No community amenities are identified from current MLS listings, which means the value proposition here is the home and its price per square foot, not a shared clubhouse or recreation package.
The homestead share of about 84% signals a community with a high proportion of owner-occupied, long-held homes rather than frequent turnover, which is consistent with the modest six-sale closing window feeding this snapshot. That combination, fewer transactions and a meaningful homesteaded base, means available inventory can be thinner at any given time and pricing on any single listing carries more weight in setting the local read.
The location and the amenities are priced into every listing in Highland Lakes Ph 02B. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a segment with only a handful of recent closings and a wide condition spread across 1990s and early-2000s construction, we price off actual comparable sales and physical condition, not a countywide average. That matters most in a community like this, where getting the number right the first time is what keeps median days on market from stretching further for a given seller.
Highland Lakes Ph 02B 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 02B 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 02B 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 02B, 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 02B home worth?
Get a no-obligation home value based on real comparable sales in Highland Lakes Ph 02B, 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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Frequently Asked Questions
What is the median home price in Highland Lakes Ph 02B?
How long do homes in Highland Lakes Ph 02B take to sell?
How many homes are in Highland Lakes Ph 02B?
What share of Highland Lakes Ph 02B is owner-occupied?
When were the homes in Highland Lakes Ph 02B built?
Do cash buyers compete in Highland Lakes Ph 02B?
Who is the best real estate agent for Highland Lakes Ph 02B?
How do I find a top Leesburg real estate agent who knows Highland Lakes Ph 02B?
Can Momentum Realty connect me with an agent for Highland Lakes Ph 02B?
Should you buy in Highland Lakes Ph 02B?
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 (2 streets, ZIP 34748)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2014 (17 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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