Knight Lake Estates Iii
Homes for Sale in Mascotte, FL
True comps, carrying-cost math, and listings before the portals.
Knight Lake Estates III is a compact, recently built pocket of Mascotte — all 75 homes went up between 2019 and 2022, with a median build year of 2020. That narrow construction window means the housing stock here reads as a single generation of product: similar materials, similar systems age, similar layouts. There is not much variance in condition to sort through, which simplifies comparison but also means there is little older, lower-cost inventory mixed in to widen the field.
The homestead share sits at 80 percent, a strong signal that most owners here are using the home as a primary residence rather than as a rental or a second property. That tends to produce a steadier, less transaction-heavy market than communities with heavier investor or seasonal ownership. For a buyer, that generally means less turnover-driven pricing pressure; for a seller, it means your comparable sales are mostly other owner-occupied resales, not distressed or investor exits.
Who Knight Lake Estates Iii is best for.
Best for
- Buyers who want a home built within the last several years without paying new-construction pricing.
- Buyers prioritizing a primary residence in a community with a high share of owner-occupied homes.
- Buyers who don't need clubhouse, pool, or gated amenities as part of the purchase decision.
Probably not for
- Buyers who want a resort-style or heavily amenitized community with shared recreational facilities.
- Buyers looking for a wide range of home ages, sizes, or architectural styles to choose from.
- Investors seeking a community with an established pattern of rental or non-owner-occupied turnover.
The market around Knight Lake Estates Iii
Knight Lake Estates Iii is a small community — 1 recorded sale on file, most recently in 2025 — too few for its own price trend. 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 80% single family residence, 20% ?.
ZIP and county figures describe the wider market, not Knight Lake Estates Iii specifically. Momentum Research analysis of MLS records.
The Knight Lake Estates Iii buying strategy.
If we were buying in Knight Lake Estates Iii 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 Knight Lake Estates Iii.
A Single Build Era, Read as One Market
With every home built between 2019 and 2022, Knight Lake Estates III doesn't have the layered pricing history you find in older communities where 1980s ranches sit next to 2020s builds. Instead, buyers are largely comparing homes of similar age and construction standard, which puts more weight on condition, upgrades, and lot specifics than on structural age gaps. At a median 1,874 square feet, the homes here skew toward a mid-size single-family footprint — not the smallest starter product, not oversized either.
No community amenities are identified in current MLS listings for this subdivision. That's a meaningful data point on its own: this isn't a community built around a clubhouse, pool, or gated entry — the value proposition is the home and lot themselves, not shared recreational infrastructure. Buyers evaluating this against amenity-heavy communities nearby should factor that difference directly into how they weigh price and layout.
The location and the amenities are priced into every listing in Knight Lake Estates Iii. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small, single-build-era community like this, the details that separate one resale from another — the specific upgrades, the way a floor plan was finished out, how a lot sits relative to the street — matter more than they would in a larger, more varied subdivision. We track Knight Lake Estates III at the listing level, not just the area level, so when you're comparing homes here we can tell you what's actually different between them, not just what the average suggests.
Knight Lake Estates Iii 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 Knight Lake Estates Iii 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 Knight Lake Estates Iii sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Knight Lake Estates Iii, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Knight Lake Estates Iii home worth?
Get a no-obligation home value based on real comparable sales in Knight Lake Estates Iii, 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 homes for sale in Knight Lake Estates Iii on the map →
Frequently Asked Questions
How many homes are in Knight Lake Estates Iii?
What share of Knight Lake Estates Iii is owner-occupied?
When were the homes in Knight Lake Estates Iii built?
Who is the best real estate agent for Knight Lake Estates Iii?
How do I find a top Mascotte real estate agent who knows Knight Lake Estates Iii?
Can Momentum Realty connect me with an agent for Knight Lake Estates Iii?
Should you buy in Knight Lake Estates Iii?
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 34753)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2022 (2 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 your area comps.
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See how KNIGHT LAKE ESTATES III fits the bigger picture — live prices, inventory, and Momentum Scores:
More Mascotte & 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.