Lake Preserve Ph 1
Homes for Sale in Orlando, FL

Community in Orlando · Orange County
302 homesBuilt 1915–2019Median sale $670K
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Built fromLive Stellar MLS data9 years of closingsFL DOR public recordsUpdated twice daily
Live · Lake Preserve Ph 1 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$670K
Median sold · 12 mo
$213/sf
Sold $/sqft · 12 mo
peak $213 in 2026
89.4%
Sale vs ask
Orange median: 96.0%
Tempo
72days
Median DOM · closed
31 days at the 2022 low
6
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
73%
Owner-occupied · Lake Preserve Ph 1
224 of 305 parcels homesteaded (FL DOR 2025)
27%
Non-owner-occupied · Lake Preserve Ph 1
incl. 3% trust or LLC-held · 100% out-of-state
20%
Cash buyers · Lake Preserve Ph 1
1 of 5 sales, 12 mo ending June 2026
302
Homes in the community
plus 3 vacant residential lots · 305 residential parcels (FL DOR 2025)
Track record · 9 years of records
Est. 1915
Community established
homes built 1915-2019, median 2017 (FL DOR 2025)
3
Failed listings · 2026
peaked at 8 in 2019
3,214sqft
Median sold home size
12-mo windows, closed sales
2.0%/yr
Turnover rate
about 6 of 302 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by size and newness more than anything else. The median home runs about 3,148 square feet with a median build year of 2017, and the median sits at $670,000, or roughly $213 per square foot. That combination — large, recent-vintage floor plans — is what supports the number. The full build range stretches back to 1915, so you will see condition and vintage vary widely across the 302 homes, and price will track that spread.

Market posture is patient, not hot. Median days on market is 72 — well over two months — which tells sellers to price to the median from the start rather than test a higher number and chase it down. For buyers, that pace means room to inspect, negotiate, and walk away. The homestead share of about 73% suggests most owners are living in these homes rather than turning them, so inventory tends to come on deliberately.

The 60-Second Overview

Lake Preserve Ph 1 market snapshot (as of July 13, 2026): the median sale price is about $670K ($213 per sq ft over the trailing 12 months of closed sales), and a median 72 days on market for closed sales.

Lake Preserve Ph 1 is a community of 302 homes in Orlando, Orange County, built between 1915 and 2019 (median 2017), with a median living area of about 3,148 square feet. 73% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Lake Preserve Ph 1 is a 302-home community in Orlando's Orange County, weighted toward larger, newer construction but with a build history reaching back over a century. The result is a single neighborhood where floor plan and condition, not a uniform product, decide what a home is worth.

Best for

  • Move-up buyers with a budget near the $670,000 median wanting significant square footage
  • Buyers who value recent construction and are willing to vet each home's age and condition
  • Owner-occupants comfortable with a slower, deliberate market

Probably not for

  • Buyers who need to close quickly in a fast-moving market
  • Shoppers chasing the lowest possible price per square foot
  • Investors expecting quick turnover in a heavily owner-occupied community

Windows contain 0 to 6 sales each (6 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
024620182020202220242026
0 to 6 a year; 6 in the current window.
Sellers who gave up · failed listings per year
0258201620182020202220242026
Canceled, expired, or withdrawn. 8 quit in 2019; 3 so far in 2026. The clearest stress gauge a community has.

If we were buying in Lake Preserve Ph 1 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 Preserve Ph 1.

Best Buy
Buyers who want a larger, newer home and are not in a hurry.
Biggest Risk
A wide build range means condition and vintage vary sharply home to home.
Sweet Spot
Recent-vintage floor plans near the 3,148 sqft median.
Avoid If
You need a fast close or a low per-square-foot entry.

Size, vintage, and a slow clock

The defining feature is scale. A median of 3,148 living square feet puts most homes here in genuine move-up territory, and the median build year of 2017 means much of the stock carries recent systems and layouts. At about $213 per square foot against a $670,000 median, you are paying for room and relative newness rather than a bargain per-foot number.

The wide year-built range — 1915 to 2019 — is the wrinkle. It means two homes at similar prices can be very different in age and condition, so due diligence on any specific listing matters more here than in a uniform subdivision. Pair that with a 72-day median on market and roughly 73% homesteaded ownership, and the picture is a community that trades slowly and deliberately, with pricing that rewards a close read of each individual home.

The location and the amenities are priced into every listing in Lake Preserve Ph 1. 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 community this varied — a century-wide build range and a 72-day median clock — the number that matters is not the neighborhood median but what a specific home is worth given its age, size, and condition. We price and negotiate off that, help sellers land near the median instead of chasing it, and give buyers the time and inspection leverage a slower market allows.

Lake Preserve Ph 1 in 15 seconds.

Best forBuyers who want a larger, newer home and are not in a hurry.
Biggest advantageA slow market gives buyers time to inspect and negotiate.
Biggest riskA wide build range means condition and vintage vary sharply home to home.
Sweet spotRecent-vintage floor plans near the 3,148 sqft median.
Avoid ifYou need a fast close or a low per-square-foot entry.

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 Preserve Ph 1 sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Lake Preserve Ph 1?
The median sale price in Lake Preserve Ph 1 was $670K over the 12 months ending July 13, 2026 (6 closed sales, Stellar MLS).
How long do homes in Lake Preserve Ph 1 take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 72 days on market (6 sales, Stellar MLS).
How many homes are in Lake Preserve Ph 1?
The Florida DOR 2025 assessment roll shows 302 homes plus 3 vacant residential lots in Lake Preserve Ph 1 (public records).
What share of Lake Preserve Ph 1 is owner-occupied?
73% of Lake Preserve Ph 1 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Lake Preserve Ph 1 built?
Homes in Lake Preserve Ph 1 were built between 1915 and 2019, with a median year built of 2017 (FL DOR 2025 roll).
Do cash buyers compete in Lake Preserve Ph 1?
Cash buyers took 20% of Lake Preserve Ph 1 sales in the 12 months ending June 2026 (1 of 5 closings, Stellar MLS).
Who is the best real estate agent for Lake Preserve Ph 1?
The best agent for Lake Preserve Ph 1 is one who actively works Orlando 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 Preserve Ph 1.
How do I find a top Orlando real estate agent who knows Lake Preserve Ph 1?
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 Preserve Ph 1 and the wider Orlando area.
Can Momentum Realty connect me with an agent for Lake Preserve Ph 1?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Lake Preserve Ph 1 purchase or sale - no call center and no pressure.
Move-up buyers with a budget near the $670,000 median wanting significant square footageExcellent fit
Buyers who value recent construction and are willing to vet each home's age and conditionExcellent fit
Owner-occupants comfortable with a slower, deliberate marketExcellent fit
Buyers who need to close quickly in a fast-moving marketProbably not
Shoppers chasing the lowest possible price per square footProbably not
Investors expecting quick turnover in a heavily owner-occupied communityProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 13, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (6 streets, ZIP 32824))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2017 (18 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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