Highland Lakes
Homes for Sale in Leesburg, FL
All 632 homes for sale in Leesburg, FL · median $285,000 · 466 homes for sale in 34748 · Lake County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of September 2026, the MLS records 5 closed sales in Highland Lakes Ph 1-B in Leesburg, FL since 2017, the most recent in March 2026. Across Leesburg as a whole, 836 homes closed in the last 12 months at a median of $282,000, 71 median days on market, with 305 homes for sale today. At that median and Lake County's FY2025-26 rate of 16.65 mills, annual property tax runs about $4,690 ($4,020 with the full homestead exemption).
Part of Highland Lakes, Leesburg, FL — see all Highland Lakes homes for sale (28 listings across 6 sections in the MLS).
Highland Lakes 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.
Nearby homes for sale
No active listings inside Highland Lakes Ph 1-B right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Highland Lakes is a compact, early-1990s subdivision in Leesburg (Lake County) with a median home size of 1,381 square feet — a scale that points to starter and downsizing floor plans rather than larger executive homes.
Stellar MLS sales records identify 698 homes in Highland Lakes that have changed hands since 2004, built between 1990 and 2005 (median 1994), with a median living area of about 1,625 sq ft and a typical 3-bedroom, 2-bath layout; 89% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
County records show 20 qualified sales in Highland Lakes across 2024–2025 (14 in 2024, 6 in 2025), median $252,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Highland Lakes 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
Highland Lakes is too small for its own price trend, so here is the market around it.
In ZIP 34748, 583 homes are on the market and 18% are under contract — a slower corner of Leesburg.
Across Lake County, 3,179 homes are active and 1,077 pending (25% under contract).
In ZIP 34748 (Leesburg), 1,072 homes closed in the last 12 months at a median of $290K ($161/sq ft), down 2.6% year over year, with a median 70 days on market. Right now 240 active and 63 pending listings put supply at about 5.0 months — a buyer's market. See the live ZIP 34748 housing market and the Lake County market.
ZIP and county figures describe the wider market, not Highland Lakes specifically. Momentum Research analysis of MLS records.
Highland Lakes by the numbers
From county property records and closed MLS sales for the Highland Lakes subdivision: 5 homes on record; built 1992–1994; typical size about 1,862 heated sq ft; 3 bedrooms is the median. Housing mix: single-family 60%, townhome 40%.
| Year | Recorded sales | Median price |
|---|---|---|
| 2017 | 1 | $177,000 |
| 2020 | 1 | $150,000 |
| 2025 | 2 | $239,000 |
| 2026 | 1 | $312,000 |
Newest recorded sale: $312,000 on 2026-03-05.
Recorded data as of 2026-09-12; counts cover addresses tagged to this subdivision in the public record, not every parcel. Not an appraisal.
The Highland Lakes buying strategy.
If we were buying in Highland Lakes 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.
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, 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. 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.
Highland Lakes in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- 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 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 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, 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 home worth?
Get a no-obligation home value based on real comparable sales in Highland Lakes, 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 all homes for sale in Leesburg →
Should you buy in Highland Lakes?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Under-contract shares | Stellar MLS records, as of 2026-09-08 |
| 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.
Own a home here?
You just read the data. Now see what your home is worth.
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 local comps.
Looking to buy here? Search homes for sale →
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See how Highland Lakes fits the bigger picture — live prices, inventory, and Momentum Scores:
Common questions about Highland Lakes
Where is Highland Lakes?
Highland Lakes is a community in Leesburg, Lake County, Florida, ZIP 34748.
How many homes are in Highland Lakes?
County property records list 5 homes in Highland Lakes, built between 1992 and 1994; the typical home is about 1,862 heated square feet.
What do homes in Highland Lakes sell for?
Highland Lakes has no MLS sales in the last 12 months. The most recent year with recorded sales on file is 2026 (1 sale, median $312,000). For context, ZIP 34748 has 583 homes on the market with 18% under contract.
Are there homes for sale in Highland Lakes right now?
No active listings inside Highland Lakes at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.
Does Highland Lakes have an HOA or CDD?
No HOA is on record for Highland Lakes in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.
Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.
More Leesburg & Lake County guides
Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Lake County or the full Neighborhood Finder.
Nearby Communities
Explore more neighborhoods near Highland Lakes with Momentum Realty’s local guides.