Leesburg Kerls Add 02
Homes for Sale in Leesburg, FL

Community in Leesburg · Lake County
95 homesBuilt 1912–2021
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Built fromLive Stellar MLS data10 years of closingsFL DOR public recordsUpdated twice daily
Live · Leesburg Kerls Add 02 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
2
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
14%
Owner-occupied · Leesburg Kerls Add 02
14 of 100 parcels homesteaded (FL DOR 2025)
86%
Non-owner-occupied · Leesburg Kerls Add 02
incl. 35% trust or LLC-held · 5% out-of-state
0%
Cash buyers · Leesburg Kerls Add 02
0 of 4 sales, 12 mo ending June 2022
95
Homes in the community
plus 5 vacant residential lots · 100 residential parcels (FL DOR 2025)
Track record · 10 years of records
Est. 1912
Community established
homes built 1912-2021, median 1969 (FL DOR 2025)
1
Failed listings · 2026
peaked at 2 in 2018
2.1%/yr
Turnover rate
about 2 of 95 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

This is an older, small-footprint pocket of Leesburg. With a median build year of 1969 and homes dating back as far as 1912, condition and updates drive value here far more than square footage — the median living area is right around 1,008 sq ft, so you are buying a compact home where renovation history, systems, and lot matter most. There is no clean price range to quote; the housing stock spans more than a century of construction, and pricing tracks how much work a given home has or has not had done.

Turnover is thin — only two closings in the recent window across 95 homes — so read any single sale with caution rather than treating it as a trend. A homestead share of just 14% tells you a large portion of these homes are held as rentals or non-primary residences, which shapes who you are competing with and negotiating against. Sellers should price to condition and be patient; buyers should underwrite the home in front of them, not a neighborhood average.

Best for

  • Renovation-minded buyers who can budget for updates on an older, smaller home
  • Investors targeting a market with an established non-owner-occupied presence
  • Budget-focused buyers prioritizing location and lot over new construction and size

Probably not for

  • Buyers needing large living space in a move-in-ready home
  • Buyers who rely on plentiful recent comps to feel confident on price
  • Buyers unwilling to take on the maintenance realities of older housing stock

The market around Leesburg Kerls Add 02

Leesburg Kerls Add 02 is a small community — 12 recorded sales on file, most recently in 2026 — 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).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Leesburg Kerls Add 02 specifically. Momentum Research analysis of MLS records.

If we were buying in Leesburg Kerls Add 02 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 Leesburg Kerls Add 02.

Best Buy
Buyers comfortable evaluating and improving an older, compact home.
Biggest Risk
Thin sales data makes pricing and appraisals harder to pin down.
Sweet Spot
A well-maintained or updated home bought on its own merits, not the average.
Avoid If
You want turnkey square footage and clean, plentiful comps.

An old-stock pocket where condition is everything

The defining fact here is age and size. A median build year of 1969 with a range back to 1912 means you will find everything from early-century cottages to homes built as recently as 2021, and at a median of about 1,008 sq ft, these are compact structures. That mix rewards buyers who can read a house — foundation, roof, wiring, plumbing — because two homes on the same block can be a full renovation apart in both cost and value.

With 95 homes total and only two recent closings, comparable sales are scarce. That thin data makes appraisals and pricing conversations harder, and it puts a premium on hands-on inspection over spreadsheet analysis. The 14% homestead share also signals a meaningful investor and rental presence, which can affect both the available inventory and the condition of what comes to market.

The location and the amenities are priced into every listing in Leesburg Kerls Add 02. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

Thin sales volume and a century-spanning mix of housing stock mean the usual comp-driven playbook does not fully work here. We price and negotiate off condition, systems, and the specific home — not off a neighborhood average — and we will tell you plainly when a listing's price is not backed by the work that has been done to it.

Leesburg Kerls Add 02 in 15 seconds.

Best forBuyers comfortable evaluating and improving an older, compact home.
Biggest advantageA small, long-established neighborhood with a wide range of housing vintages.
Biggest riskThin sales data makes pricing and appraisals harder to pin down.
Sweet spotA well-maintained or updated home bought on its own merits, not the average.
Avoid ifYou want turnkey square footage and clean, plentiful comps.

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 Leesburg Kerls Add 02 sales matched to your home.

What is your Leesburg Kerls Add 02 home worth?

Get a no-obligation home value based on real comparable sales in Leesburg Kerls Add 02, 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 Leesburg Kerls Add 02?
The Florida DOR 2025 assessment roll shows 95 homes plus 5 vacant residential lots in Leesburg Kerls Add 02 (public records).
What share of Leesburg Kerls Add 02 is owner-occupied?
14% of Leesburg Kerls Add 02 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Leesburg Kerls Add 02 built?
Homes in Leesburg Kerls Add 02 were built between 1912 and 2021, with a median year built of 1969 (FL DOR 2025 roll).
Do cash buyers compete in Leesburg Kerls Add 02?
Cash buyers took 0% of Leesburg Kerls Add 02 sales in the 12 months ending June 2022 (0 of 4 closings, Stellar MLS).
Who is the best real estate agent for Leesburg Kerls Add 02?
The best agent for Leesburg Kerls Add 02 is one who actively works Leesburg 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 Leesburg Kerls Add 02.
How do I find a top Leesburg real estate agent who knows Leesburg Kerls Add 02?
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 Leesburg Kerls Add 02 and the wider Leesburg area.
Can Momentum Realty connect me with an agent for Leesburg Kerls Add 02?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Leesburg Kerls Add 02 purchase or sale - no call center and no pressure.
Renovation-minded buyers who can budget for updates on an older, smaller homeExcellent fit
Investors targeting a market with an established non-owner-occupied presenceExcellent fit
Budget-focused buyers prioritizing location and lot over new construction and sizeExcellent fit
Buyers needing large living space in a move-in-ready homeProbably not
Buyers who rely on plentiful recent comps to feel confident on priceProbably not
Buyers unwilling to take on the maintenance realities of older housing stockProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 34748))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2016 (11 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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