Lake Preserve Ph 2
Homes for Sale in Orlando, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Price here is driven by size and condition, not scarcity. The median home runs about 3,148 square feet at roughly $211 per foot, and with most of the stock built recently — a median build year of 2017 — you're paying for newer, larger houses rather than land or vintage character. That combination puts the median at $721,250, and the spread around it is condition-driven; treat the median as a midpoint, not a sticker.
The current posture favors patient buyers. Homes are taking around 101 days to sell, and prices are down 12.3% year over year. That is a market that has softened and slowed, which gives buyers room to negotiate and inspect carefully. Sellers should price to the current reality, not last year's, and expect the process to take time.
Lake Preserve Ph 2 right now
🟡 Still climbing. The trailing-12-month median ($692K) is up 6.5% from the prior 12 months ($650K). With about 8 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 15. Confidence: Medium (13 and 10 sales in the two windows).
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Updated July 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Lake Preserve Ph 2 market snapshot (as of July 15, 2026): the median sale price is about $692K ($211 per sq ft over the trailing 12 months of closed sales), and a median 98 days on market for closed sales. The trailing-12-month median is up 6% from the prior 12 months, computed from record-level Stellar MLS closed sales (13 closings in the current window).
Lake Preserve Ph 2 is a community of 380 homes in Orlando, Orange County, built between 1915 and 2019 (median 2017.0), with a median living area of about 3,156 square feet. 73% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Lake Preserve Ph 2 is a small, newer-construction pocket of 279 homes in southeast Orlando, where the housing stock skews large and modern despite a build range that stretches back to 1915. Roughly 71% of homes carry a homestead exemption, a sign this is largely owner-occupied rather than an investor-heavy street.
Who Lake Preserve Ph 2 is best for.
Best for
- Buyers targeting a mid-$700s home who want newer construction and real square footage
- Purchasers with time and leverage who can use the slower pace to negotiate
- Long-term owner-occupants comfortable in a largely homesteaded, low-turnover pocket
Probably not for
- Buyers on a tighter budget who need something well under the median price
- Sellers who need a fast close in a market averaging around 101 days
- Anyone wanting a compact, low-square-footage home
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($692K) IS the median in the snapshot above, and the move from 2025 ($650K) IS the +6.5% one-year change.
Windows contain 0 to 18 sales each (13 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.
The Lake Preserve Ph 2 buying strategy.
If we were buying in Lake Preserve Ph 2 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 Lake Preserve Ph 2.
A newer community in a slower market
The numbers describe a community built around space. With a median living area of 3,148 square feet and a median build year of 2017, most of what trades here is recent, sizable, and move-in oriented. The year-built range reaching to 1915 tells you there are outliers, but the typical home is modern construction, so buyers should weigh what they're getting per foot rather than chasing a headline price.
Momentum is thin here — six closings in the window — so any single sale carries weight in the median. Combine that with 101 days on market and the year-over-year decline, and you have a segment where individual pricing decisions matter more than broad trends. Comparable analysis needs to lean on condition, square footage, and lot specifics rather than a simple price-per-foot average.
The location and the amenities are priced into every listing in Lake Preserve Ph 2. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Lake Preserve Ph 2 buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (6.5). Basis: Recent Direction +6.5% year-over-year; Owner Commitment 73% owner-occupied; Pricing Power 91.8% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a small segment with few recent closings and a softening trend, pricing is a judgment call, not a formula. We read each comparable on its own merits — condition, size, and how long it actually sat — so buyers don't overpay in a slow market and sellers don't chase a price the current data won't support.
Lake Preserve Ph 2 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 Lake Preserve Ph 2 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 Lake Preserve Ph 2 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lake Preserve Ph 2, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lake Preserve Ph 2 home worth?
Get a no-obligation home value based on real comparable sales in Lake Preserve Ph 2, 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 Lake Preserve Ph 2 on the map →
Frequently Asked Questions
What is the median home price in Lake Preserve Ph 2?
How long do homes in Lake Preserve Ph 2 take to sell?
How many homes are in Lake Preserve Ph 2?
What share of Lake Preserve Ph 2 is owner-occupied?
When were the homes in Lake Preserve Ph 2 built?
Do cash buyers compete in Lake Preserve Ph 2?
Who is the best real estate agent for Lake Preserve Ph 2?
How do I find a top Orlando real estate agent who knows Lake Preserve Ph 2?
Can Momentum Realty connect me with an agent for Lake Preserve Ph 2?
Should you buy in Lake Preserve Ph 2?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (10 streets, ZIP 32824)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2015 (89 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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