Keenwicke Ph 3
Homes for Sale in Lake Mary, FL

Community in Lake Mary · Seminole County
134 homesBuilt 1999–2000
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Built fromLive Stellar MLS data20 years of closingsFL DOR public recordsUpdated twice daily
Live · Keenwicke Ph 3 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
80%
Owner-occupied · Keenwicke Ph 3
107 of 134 parcels homesteaded (FL DOR 2025)
20%
Non-owner-occupied · Keenwicke Ph 3
incl. 12% trust or LLC-held · 4% out-of-state
40%
Cash buyers · Keenwicke Ph 3
2 of 5 sales, 12 mo ending June 2024
134
Homes in the community
134 residential parcels (FL DOR 2025)
Track record · 20 years of records
Est. 1999
Community established
homes built 1999-2000, median 1999 (FL DOR 2025)
0
Failed listings · 2024
peaked at 5 in 2008
1.5%/yr
Turnover rate
about 2 of 134 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Keenwicke Ph 3 is a built-out pocket of 134 homes in Lake Mary, all dating to 1999–2000. When the entire stock goes up in a two-year window and clusters around a 2,103-square-foot median, price is driven less by size and location differences than by condition and updates. The homes that have had kitchens, baths, roofs, and systems addressed will separate themselves from those still wearing their original finishes.

This is a thin-turnover community — the current snapshot reflects a very small closings window, so a single sale can swing the visible comps. For sellers, that means pricing off condition and recent nearby closings, not a broad neighborhood average. For buyers, it means patience: inventory here is limited, and when the right updated home appears you should be ready to move rather than wait for the next one.

Best for

  • Long-hold buyers who want a stable, established neighborhood and plan to stay put
  • Buyers targeting a move-in-ready home who will pay for finished updates rather than take on a project
  • Renovation-minded buyers with the budget to modernize an original-condition home and build equity through the work

Probably not for

  • Buyers set on new construction or contemporary open-concept floor plans
  • Shoppers who need immediate selection and can't wait for limited inventory to turn
  • Short-term investors counting on quick resale in a low-turnover, owner-occupied setting

The market around Keenwicke Ph 3

Keenwicke Ph 3 is a small community — 23 recorded sales on file, most recently in 2024 — too few for its own price trend. Here is the market around it.

Across Seminole County, 1,538 homes are active and 629 pending (29% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Keenwicke Ph 3 specifically. Momentum Research analysis of MLS records.

If we were buying in Keenwicke Ph 3 today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 Keenwicke Ph 3.

Best Buy
Buyers who want an established, owner-occupied Lake Mary community with consistent early-2000s homes.
Biggest Risk
Thin turnover means few listings and comps that can swing on a single sale.
Sweet Spot
An updated home near the ~2,100-square-foot median that has already had major systems addressed.
Avoid If
You need new construction, varied floor plans, or a wide selection of homes to choose from.

A condition-driven market, not a size one

With a median living area of 2,103 square feet and a build range of just 1999 to 2000, the floor plans and square footage here are narrow by design. That compresses the usual size-based pricing spread and pushes the variation onto updates: roof age, HVAC, windows, kitchens, and baths. Two homes of nearly identical size can sell well apart based purely on what has been touched since the original build.

The homestead share sits near 80%, which tells you this is largely an owner-occupied, long-hold community rather than an investor churn. That tends to mean well-kept homes and slower turnover — good for stability, but it also thins the pool of available listings at any given moment. Anyone shopping here should track the community closely and be prepared to act when a home that fits comes to market.

The location and the amenities are priced into every listing in Keenwicke Ph 3. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a low-turnover neighborhood where a handful of recent sales set the tone, pricing accurately is everything. We read Keenwicke Ph 3 off condition and the most relevant nearby closings rather than a blunt average, and we tell sellers plainly where their updates put them and buyers where a listing sits against the rest of the stock.

Keenwicke Ph 3 in 15 seconds.

Best forBuyers who want an established, owner-occupied Lake Mary community with consistent early-2000s homes.
Biggest advantageA uniform housing stock makes it easy to judge value on condition and updates.
Biggest riskThin turnover means few listings and comps that can swing on a single sale.
Sweet spotAn updated home near the ~2,100-square-foot median that has already had major systems addressed.
Avoid ifYou need new construction, varied floor plans, or a wide selection of homes to choose from.

HOA, CDD & Fees

In short
  • 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.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Keenwicke Ph 3 sales matched to your home.

What is your Keenwicke Ph 3 home worth?

Get a no-obligation home value based on real comparable sales in Keenwicke Ph 3, 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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Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Keenwicke Ph 3?
The Florida DOR 2025 assessment roll shows 134 homes in Keenwicke Ph 3 (public records).
What share of Keenwicke Ph 3 is owner-occupied?
80% of Keenwicke Ph 3 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Keenwicke Ph 3 built?
Homes in Keenwicke Ph 3 were built between 1999 and 2000, with a median year built of 1999.0 (FL DOR 2025 roll).
Do cash buyers compete in Keenwicke Ph 3?
Cash buyers took 40% of Keenwicke Ph 3 sales in the 12 months ending June 2024 (2 of 5 closings, Stellar MLS).
Who is the best real estate agent for Keenwicke Ph 3?
The best agent for Keenwicke Ph 3 is one who actively works Lake Mary and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Keenwicke Ph 3.
How do I find a top Lake Mary real estate agent who knows Keenwicke Ph 3?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Keenwicke Ph 3 and the wider Lake Mary area.
Can Momentum Realty connect me with an agent for Keenwicke Ph 3?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Keenwicke Ph 3 purchase or sale - no call center and no pressure.
Long-hold buyers who want a stable, established neighborhood and plan to stay putExcellent fit
Buyers targeting a move-in-ready home who will pay for finished updates rather than take on a projectExcellent fit
Renovation-minded buyers with the budget to modernize an original-condition home and build equity through the workExcellent fit
Buyers set on new construction or contemporary open-concept floor plansProbably not
Shoppers who need immediate selection and can't wait for limited inventory to turnProbably not
Short-term investors counting on quick resale in a low-turnover, owner-occupied settingProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 32746))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2006 (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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