Lake Yale Cove
Homes for Sale in Leesburg, FL

Lake Yale Cove Ph 01 is a Leesburg community of 165 homes spanning a long construction timeline, with a typical home built around 1999 and running about 1,890 square feet. No shared community amenities are identified in current MLS listings, which points to a neighborhood built around individual lots rather than clubhouse or recreational infrastructure.

Stellar MLS sales records identify 9 homes in Lake Yale Cove that have changed hands since 2010, built between 1997 and 2006 (median 2002), with a median living area of about 3,117 sq ft and a typical 5-bedroom, 3.5-bath layout; 100% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.

Lake Yale Cove is too small for its own price trend, so here is the market around it.

In ZIP 34788, 178 homes are on the market and 16% are under contract — a slower corner of Leesburg.

Across Lake County, 3,179 homes are active and 1,077 pending (25% under contract).

In ZIP 34788 (Leesburg), 331 homes closed in the last 12 months at a median of $250K ($160/sq ft), down 4.9% year over year, with a median 70 days on market. Right now 83 active and 18 pending listings put supply at about 4.6 months — a buyer's market. See the live ZIP 34788 housing market and the Lake County market.

ZIP and county figures describe the wider market, not Lake Yale Cove specifically. Momentum Research analysis of MLS records.

The most distinctive fact about this community is its build range. Homes from 1958 sit within the same phase as construction completed in 2024, which is a wider spread than most single-phase communities show. For buyers, this means two houses on the same street can represent entirely different renovation needs, systems ages, and layouts, even if both are technically in Lake Yale Cove Ph 01. Any serious evaluation of a specific home needs to start with its actual age and update history, not the neighborhood's median.

The homestead share sitting above 80 percent is a useful signal in its own right. It suggests that most of the homes in this community are owner-occupied primary residences rather than rentals or seasonal properties, which tends to correlate with more consistent upkeep at the individual-lot level, even in the absence of formal community amenities. With no clubhouse, pool, or shared recreational facility identified in current listings, the value proposition here is centered on the home and lot itself rather than a shared amenity package.

In a community with this much variation in construction era, the analysis has to happen at the individual-home level. We pull the actual permit and build history, walk through what a 1958 build versus a 2024 build means for financing, insurance, and inspection contingencies, and help buyers and sellers price against comparable condition rather than a blended neighborhood number.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.