Leesburg Lucerne Circle
Homes for Sale in Leesburg, FL

Lucerne Circle is a compact pocket of older Leesburg housing stock, with a median living area of 946 square feet and roughly 29.2% of homes carrying a homestead exemption — a mix that points to smaller-footprint homes with varied ownership tenure rather than a single uniform product type.

Stellar MLS sales records identify 6 homes in Leesburg Lucerne Circle that have changed hands since 2016, built between 1939 and 1940 (median 1939), with a median living area of about 576 sq ft and a typical 2-bedroom, 1-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.

Leesburg Lucerne Circle is too small for its own price trend, so here is the market around it.

In ZIP 34748, 583 homes are on the market and 18% 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 34748 (Leesburg), 1,072 homes closed in the last 12 months at a median of $290K ($161/sq ft), down 2.6% year over year, with a median 70 days on market. Right now 240 active and 63 pending listings put supply at about 5.0 months — a buyer's market. See the live ZIP 34748 housing market and the Lake County market.

ZIP and county figures describe the wider market, not Leesburg Lucerne Circle specifically. Momentum Research analysis of MLS records.

The defining fact about Lucerne Circle is scale and age: 19 homes total, a median year built of 1939, and construction dates running all the way to 2010. That combination means the community is not architecturally uniform — early-20th-century homes stand alongside comparatively modern builds, and each carries its own maintenance and systems history that a buyer needs to verify directly rather than infer from neighbors.

At a median of 946 living square feet, this reads as a community of modest-footprint homes, which tends to appeal to buyers prioritizing a smaller, more manageable structure over square footage. No community amenities are identified in current MLS listings, so any recreational or common-area value is not part of the equation — buyers should treat this as a housing-stock decision, not an amenities decision.

In a 19-home dataset with a single month of closings to reference, generic market reports do not hold up — we pull individual permit histories, comparable sales, and condition notes on the specific address in question rather than leaning on neighborhood-wide averages that this sample size cannot reliably support.

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