Lake Frances Estates Unit 04
Homes for Sale in Tavares, FL

Community in Tavares · Lake County
321 homesBuilt 1965–2021
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Built fromLive Stellar MLS data12 years of closingsFL DOR public recordsUpdated twice daily
Live · Lake Frances Estates Unit 04 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
74%
Owner-occupied · Lake Frances Estates Unit 04
237 of 321 parcels homesteaded (FL DOR 2025)
26%
Non-owner-occupied · Lake Frances Estates Unit 04
incl. 5% trust or LLC-held · 14% out-of-state
67%
Cash buyers · Lake Frances Estates Unit 04
4 of 6 sales, 12 mo ending June 2023
321
Homes in the community
321 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1965
Community established
homes built 1965-2021, median 1985 (FL DOR 2025)
0
Failed listings · 2019
peaked at 1 in 2019
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Lake Frances Estates Unit 04 is an established Tavares pocket where price is driven almost entirely by condition and updates rather than square footage. With a median build year of 1985 and homes reaching back to 1965, you are pricing the work that has or hasn't been done — roof, systems, kitchens, baths — far more than the address. The median living area sits around 1,248 square feet, so this is a modestly-scaled community; expect a wide spread in what individual homes trade for depending on how far a seller has taken renovations.

There were no closings in the current window, so recent comps are thin and pricing leans on older sales and condition-based judgment. For sellers, that means a well-documented, move-in-ready home stands out; for buyers, it means underwriting each property on its own merits rather than assuming a neighborhood 'going rate.' With homesteaded owners making up roughly three-quarters of the homes, turnover is limited, and inventory can be selective when you're waiting for the right one.

Best for

  • Buyers seeking an efficient, single-story-scale home who will underwrite roof and systems age carefully
  • Renovation-minded buyers who see value in updating an older Tavares home
  • Long-hold buyers who value a stable, low-turnover street over rapid resale

Probably not for

  • Buyers who require new or near-new construction and modern systems throughout
  • Buyers needing substantial square footage well above the ~1,248 median
  • Buyers who want a wide, fast-moving selection of listings to compare

The market around Lake Frances Estates Unit 04

Lake Frances Estates Unit 04 is a small community — 1 recorded sale on file, most recently in 2019 — 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 96% manufactured home - post 1977, 2% ?, 2% single family residence.

ZIP and county figures describe the wider market, not Lake Frances Estates Unit 04 specifically. Momentum Research analysis of MLS records.

If we were buying in Lake Frances Estates Unit 04 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 Lake Frances Estates Unit 04.

Best Buy
Buyers who want an established Tavares address and are comfortable evaluating older homes on condition.
Biggest Risk
Thin recent comps make pricing judgment-dependent, and older homes carry systems-age questions.
Sweet Spot
A renovated or well-maintained home in the 1,248-square-foot range that stands apart from un-updated inventory.
Avoid If
You need new construction, large square footage, or a deep menu of active listings to choose from.

A condition-driven resale market

The build range from 1965 to 2021 tells you two things: the core of the community is decades old, but there has been some newer infill along the way. With a median year built of 1985, most homes here have had at least one major systems cycle, so due diligence on roof age, HVAC, plumbing, and electrical matters more than in a newer subdivision. The median footprint near 1,248 square feet keeps these homes efficient and generally single-story in character.

A homestead share around 74 percent points to a stable, largely owner-occupied street presence and slower turnover. That stability tends to keep inventory limited, which rewards buyers who are pre-positioned to move when a well-kept or updated home lists. It also means sellers who have genuinely modernized a home have a clearer case to stand apart from the older, un-updated stock.

The location and the amenities are priced into every listing in Lake Frances Estates Unit 04. 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 market with no recent closings to anchor pricing, valuation comes down to reading condition, updates, and location against older sales — exactly the judgment call an experienced local broker earns their keep on. We price each home on its own merits, flag the deferred-maintenance items that move a number, and help buyers act quickly when limited inventory finally surfaces the right one.

Lake Frances Estates Unit 04 in 15 seconds.

Best forBuyers who want an established Tavares address and are comfortable evaluating older homes on condition.
Biggest advantageA stable, owner-occupied community with limited turnover and a mix of original and updated stock.
Biggest riskThin recent comps make pricing judgment-dependent, and older homes carry systems-age questions.
Sweet spotA renovated or well-maintained home in the 1,248-square-foot range that stands apart from un-updated inventory.
Avoid ifYou need new construction, large square footage, or a deep menu of active listings 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 Lake Frances Estates Unit 04 sales matched to your home.

What is your Lake Frances Estates Unit 04 home worth?

Get a no-obligation home value based on real comparable sales in Lake Frances Estates Unit 04, 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 Lake Frances Estates Unit 04?
The Florida DOR 2025 assessment roll shows 321 homes in Lake Frances Estates Unit 04 (public records).
What share of Lake Frances Estates Unit 04 is owner-occupied?
74% of Lake Frances Estates Unit 04 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Lake Frances Estates Unit 04 built?
Homes in Lake Frances Estates Unit 04 were built between 1965 and 2021, with a median year built of 1985 (FL DOR 2025 roll).
Do cash buyers compete in Lake Frances Estates Unit 04?
Cash buyers took 67% of Lake Frances Estates Unit 04 sales in the 12 months ending June 2023 (4 of 6 closings, Stellar MLS).
Who is the best real estate agent for Lake Frances Estates Unit 04?
The best agent for Lake Frances Estates Unit 04 is one who actively works Tavares 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 Lake Frances Estates Unit 04.
How do I find a top Tavares real estate agent who knows Lake Frances Estates Unit 04?
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 Lake Frances Estates Unit 04 and the wider Tavares area.
Can Momentum Realty connect me with an agent for Lake Frances Estates Unit 04?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Lake Frances Estates Unit 04 purchase or sale - no call center and no pressure.
Buyers seeking an efficient, single-story-scale home who will underwrite roof and systems age carefullyExcellent fit
Renovation-minded buyers who see value in updating an older Tavares homeExcellent fit
Long-hold buyers who value a stable, low-turnover street over rapid resaleExcellent fit
Buyers who require new or near-new construction and modern systems throughoutProbably not
Buyers needing substantial square footage well above the ~1,248 medianProbably not
Buyers who want a wide, fast-moving selection of listings to compareProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (5 streets, ZIP 32778))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2014 (24 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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