Highland Lakes Ph 1-B
Homes for Sale in Leesburg, FL
True comps, carrying-cost math, and listings before the portals.
Highland Lakes Ph 1-B is a small, established section of Leesburg with 175 homes, nearly all built in a tight window between 1991 and 1995 (median year built 1993). That consistency means the housing stock reads as one generation of construction — similar lot sizes, similar layouts, similar systems age — so condition and updates, not era, are what separate one listing from another here.
The homestead share sits at 82.9%, which points to a community where most owners have filed for homestead exemption rather than holding the property as a rental or second home. That tends to correlate with longer hold periods and less turnover, so inventory here moves in smaller batches rather than a steady stream of new listings.
Who Highland Lakes Ph 1-B is best for.
Best for
- Buyers seeking a smaller-footprint home (around the 1,381-square-foot median) in an established Leesburg neighborhood
- Buyers comfortable evaluating an early-1990s-built home on its own condition and update history
- Sellers whose home has been maintained or updated and want to stand out in a same-era neighborhood
Probably not for
- Buyers who want a subdivision with on-site clubhouse, pool, or recreational amenities
- Buyers seeking new or recently built construction
- Buyers who need a large, fast-moving inventory to choose from
The market around Highland Lakes Ph 1-B
Highland Lakes Ph 1-B is too small for its own price trend, so here is the market around it.
Across Lake County, 3,176 homes are active and 1,107 pending (26% under contract).
The housing mix here is 57% single family residence, 43% villa.
ZIP and county figures describe the wider market, not Highland Lakes Ph 1-B specifically. Momentum Research analysis of MLS records.
The Highland Lakes Ph 1-B buying strategy.
If we were buying in Highland Lakes Ph 1-B 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 1-B.
A single-era pocket with steady ownership
With every home in the neighborhood built within a four-year span, buyers are largely choosing between homes of comparable age and original construction quality. That narrows the decision to interior condition, maintenance history, and any updates made since the early 1990s — there is no mix of decades-old cottages next to new construction to complicate comparisons.
Current MLS listings do not identify any community amenities for Highland Lakes Ph 1-B, so this is a neighborhood to evaluate on the home and lot themselves rather than on shared recreational features. The high homestead share (82.9%) also suggests a community where most residents have settled in for the long term, which is worth factoring into how quickly a given listing might come to market again.
The location and the amenities are priced into every listing in Highland Lakes Ph 1-B. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
A neighborhood built almost entirely within one four-year stretch rewards buyers and sellers who know how to read condition and updates rather than relying on age or amenities to explain value. We pull the comparable sales, walk the age-related systems questions, and price against what is actually distinguishing one 1990s-built home from another in Highland Lakes Ph 1-B.
Highland Lakes Ph 1-B 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 1-B 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 1-B 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 1-B, 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 1-B home worth?
Get a no-obligation home value based on real comparable sales in Highland Lakes Ph 1-B, 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
How many homes are in Highland Lakes Ph 1-B?
What share of Highland Lakes Ph 1-B is owner-occupied?
When were the homes in Highland Lakes Ph 1-B built?
Who is the best real estate agent for Highland Lakes Ph 1-B?
How do I find a top Leesburg real estate agent who knows Highland Lakes Ph 1-B?
Can Momentum Realty connect me with an agent for Highland Lakes Ph 1-B?
Should you buy in Highland Lakes Ph 1-B?
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 (2 streets, ZIP 34748)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2017 (5 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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