Leesburg Stoer Island Add 03 Leesburg in LEESBURG

Leesburg Stoer Island Add 03 Leesburg
Homes for Sale in LEESBURG, FL

Community in LEESBURG · Lake County
70 homesBuilt 1958–2006
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily
Live · Leesburg Stoer Island Add 03 Leesburg Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Tempo
0%
Under contract
Lake: 26% (1,107 of 4,283)
1 · 0
For sale · pending
live counts, refreshed twice daily
1
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
56%
Owner-occupied · Leesburg Stoer Island Add 03 Leesburg
39 of 70 parcels homesteaded (FL DOR 2025)
44%
Non-owner-occupied · Leesburg Stoer Island Add 03 Leesburg
incl. 13% trust or LLC-held · 9% out-of-state
17%
Cash buyers · Leesburg Stoer Island Add 03 Leesburg
1 of 6 sales, 12 mo ending June 2024
70
Homes in the community
70 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 1958
Community established
homes built 1958-2006, median 1960 (FL DOR 2025)
0
Failed listings · 2025
peaked at 2 in 2025
1.4%/yr
Turnover rate
about 1 of 70 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

This is a small, older pocket of Leesburg - 70 homes total, with a median year built of 1960 and a range that stretches out to 2006, so the housing stock is a mix of original-era construction and later infill. Median living area sits at 1,092 square feet, which points to a community of modest-footprint homes rather than larger-format construction, and that size profile does a lot of the work in setting where any given home lands on price.

With only one active listing and a single closing in the most recent window, there is not enough transaction volume here to read a trend - this is a market where each sale is its own data point, not a curve. A homestead share just above half suggests a solid core of owner-occupied homes alongside a meaningful share that are not, which is worth factoring into how a buyer thinks about condition and turnover on any given block.

The 60-Second Overview

Stoer Island Add 03 is a compact, established section of Leesburg built mostly around 1960, with a smaller number of homes added over the decades that follow - a setup where age and prior updates, more than location alone, tend to separate one listing from the next.

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.

Best for

  • A buyer looking for a smaller-footprint home in an established, older Leesburg subdivision rather than new construction
  • A buyer comfortable evaluating a single home closely, since inventory here is too thin to comparison-shop within the community
  • An investor or owner-occupant prepared to weigh a mix of home ages, from 1960s originals to homes built as recently as 2006

Probably not for

  • A buyer who wants several active listings to compare before committing
  • A buyer set on a larger living-area floor plan, given the median size here runs smaller
  • A seller expecting a fast, high-competition sale process based on recent transaction volume

The market around Leesburg Stoer Island Add 03 Leesburg

Leesburg Stoer Island Add 03 Leesburg is a small community — 3 recorded sales on file, most recently in 2025 — 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 Stoer Island Add 03 Leesburg specifically. Momentum Research analysis of MLS records.

Housing distress & ownership in Leesburg Stoer Island Add 03 Leesburg, LEESBURG

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
11.11%
1 of 9 listings · auction 1
Distress share trend - 11.11% now (2026-08-12 → 2026-08-18)

Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

Homes For Sale Right Now in Leesburg Stoer Island Add 03 Leesburg

Live MLS inventory for Leesburg Stoer Island Add 03 Leesburg. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Leesburg Stoer Island Add 03 Leesburg listings as of 2026-08-20, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Tap any home to ask about it.

Community amenities as reported across Stellar MLS listings in this community; deemed reliable but not guaranteed. Verify current amenities and access with the HOA.

If we were buying in Leesburg Stoer Island Add 03 Leesburg 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 Stoer Island Add 03 Leesburg.

Best Buy
Buyers or sellers dealing with a single specific home in an established, smaller-footprint Leesburg community.
Biggest Risk
Thin inventory means limited comparables and no reliable trend to lean on when pricing a home.
Sweet Spot
Homes with documented updates that stand apart from the community's older median year built.
Avoid If
You need multiple active listings to compare before making a decision - this community will not offer that.

A small, older pocket with thin inventory

At 70 homes, this community was never going to generate a high volume of listings in any given stretch, and the current snapshot bears that out - one active listing and one closing in the most recent window. That thinness means buyers should not expect a deep bench of comparable homes to shop against each other, and sellers should not expect a fast, competitive process; each listing here effectively sets its own market for a while.

The building stock itself is the other half of the story. A median year built of 1960 with homes running through 2006 means condition and update history vary widely from one address to the next, and the median living area of 1,092 square feet marks this as a community of smaller, efficient floor plans rather than larger homes. Homestead share just over half points to a mix of long-term owner-occupants and non-homestead ownership, which is worth asking about directly when evaluating a specific property's upkeep.

The location and the amenities are priced into every listing in Leesburg Stoer Island Add 03 Leesburg. 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 with one active listing and only a single recent closing, there is no shortcut to a real read on value - it takes direct comparison of comparable sales beyond this one subdivision, a careful look at what each home's age and condition actually mean, and a conversation with the HOA to confirm what amenities are current. That is the kind of groundwork we do before a buyer makes an offer or a seller sets a price.

Leesburg Stoer Island Add 03 Leesburg in 15 seconds.

Best forBuyers or sellers dealing with a single specific home in an established, smaller-footprint Leesburg community.
Biggest advantageAn older, established pocket of housing stock with decades of settled character rather than new construction turnover.
Biggest riskThin inventory means limited comparables and no reliable trend to lean on when pricing a home.
Sweet spotHomes with documented updates that stand apart from the community's older median year built.
Avoid ifYou need multiple active listings to compare before making a decision - this community will not offer that.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • 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 Stoer Island Add 03 Leesburg sales matched to your home.

What is your Leesburg Stoer Island Add 03 Leesburg home worth?

Get a no-obligation home value based on real comparable sales in Leesburg Stoer Island Add 03 Leesburg, 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 Leesburg Stoer Island Add 03 Leesburg on the map →

Real comps, not an automated estimate.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Lake County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$2,201/mo
Lake County typical true cost to own
$146/mo
Lake County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

LEESBURG STOER ISLAND ADD 03 Market Scorecard

Thin data

LEESBURG STOER ISLAND ADD 03 is currently a thin data market. Limited supply, a median asking price of $294,000, and homes go under contract in about 91 days.

n/a
Months supply
$294,000
Median list
n/a
Median sold
$204
Per sqft
91
Days on mkt
1/0/0
Active/Pend/Sold

Typical home value in the 34748 ZIP is $274,372, about 2.2% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: Stellar MLS, distributed by MLS GRID, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Frequently Asked Questions

How many homes are in Leesburg Stoer Island Add 03 Leesburg?
The Florida DOR 2025 assessment roll shows 70 homes in Leesburg Stoer Island Add 03 Leesburg (public records).
What share of Leesburg Stoer Island Add 03 Leesburg is owner-occupied?
56% of Leesburg Stoer Island Add 03 Leesburg parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Leesburg Stoer Island Add 03 Leesburg built?
Homes in Leesburg Stoer Island Add 03 Leesburg were built between 1958 and 2006, with a median year built of 1960.0 (FL DOR 2025 roll).
Do cash buyers compete in Leesburg Stoer Island Add 03 Leesburg?
Cash buyers took 17% of Leesburg Stoer Island Add 03 Leesburg sales in the 12 months ending June 2024 (1 of 6 closings, Stellar MLS).
Who is the best real estate agent for Leesburg Stoer Island Add 03 Leesburg?
The best agent for Leesburg Stoer Island Add 03 Leesburg 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 Stoer Island Add 03 Leesburg.
How do I find a top LEESBURG real estate agent who knows Leesburg Stoer Island Add 03 Leesburg?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Leesburg Stoer Island Add 03 Leesburg and the wider LEESBURG area.
Can Momentum Realty connect me with an agent for Leesburg Stoer Island Add 03 Leesburg?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Leesburg Stoer Island Add 03 Leesburg purchase or sale - no call center and no pressure.
A buyer looking for a smaller-footprint home in an established, older Leesburg subdivision rather than new constructionExcellent fit
A buyer comfortable evaluating a single home closely, since inventory here is too thin to comparison-shop within the communityExcellent fit
An investor or owner-occupant prepared to weigh a mix of home ages, from 1960s originals to homes built as recently as 2006Excellent fit
A buyer who wants several active listings to compare before committingProbably not
A buyer set on a larger living-area floor plan, given the median size here runs smallerProbably not
A seller expecting a fast, high-competition sale process based on recent transaction volumeProbably not

Nearby Communities

Explore more neighborhoods near Leesburg Stoer Island Add 03 Leesburg with Momentum Realty’s local guides.

East Coachwood Colony 1St Add Leesburg0.1 mi awayCoachwood Colony Leesburg0.3 mi awayLeesburg Hillside Manor Leesburg0.4 mi awayLeesburg Lakewood Park Leesburg0.4 mi awayLeesburg Indian Oaks Leesburg0.4 mi awayHollywood Heights Leesburg0.4 mi awayLeesburg Sunset Terrace Leesburg0.4 mi awaySchaeffer Sub Leesburg0.5 mi away

Browse all Florida neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: July 16, 2026)
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 2015 (23 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.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in Leesburg Stoer Island Add 03 Leesburg? 1 recorded closings (window ending 2026-07-15). See the Lake County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.

More Leesburg & Lake County guides

Compare before you commit - every guide covers pricing, HOA/CDD, insurance posture, and fit. Browse all of Lake County or the full Neighborhood Finder.

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