Highland Lakes
Homes for Sale in Leesburg, FL

A compact, established neighborhood in Leesburg built out between 1993 and 2005, with a median home size just over 1,750 square feet and no community amenities listed in current MLS data — this reads as a straightforward, no-frills residential pocket rather than an amenity-driven development.

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.

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.

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.

There's no clubhouse, pool, or gate showing up in current listings for Highland Lakes — whatever draws buyers here is the home and the location, not shared amenities. That's worth knowing going in: if a buyer is shopping for lifestyle amenities as part of the package, this isn't the community to lead with. If the priority is a modest-footprint home in an established Lake County neighborhood with predictable HOA-light living, it fits that brief well.

With a median year built of 1995 and homes ranging up to 2005, most of the housing stock is now in the window where major systems — roofs, HVAC, water heaters — are either due or already replaced once. That makes inspection findings and update history the real variable in any offer here, more than the address itself.

In a small, built-out community like this, the comps that matter are the two or three closest in age and condition — not a broad neighborhood average. We track individual sale history and update timing on homes in Highland Lakes so pricing conversations start from actual comparables, not guesswork, whether you're listing a well-maintained original or buying one that needs work.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.