Leesburg Terrace Green
Homes for Sale in Leesburg, FL

Leesburg Terrace Green is a compact, established neighborhood in Leesburg with homes dating to the early-to-mid 1980s and a median living area of 1,393 square feet, sized for straightforward, single-story or modest-footprint living rather than larger new construction.

Stellar MLS sales records identify 18 homes in Leesburg Terrace Green that have changed hands since 2015, built between 1983 and 1986 (median 1985), with a median living area of about 1,404 sq ft and a typical 2-bedroom, 2-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.

County records show 3 qualified sales in Leesburg Terrace Green across 2024–2024, median $245,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.

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 Terrace Green 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 Terrace Green specifically. Momentum Research analysis of MLS records.

With only 55 homes total, Leesburg Terrace Green is not a community where you will find a wide menu of active listings at any given time. The build years cluster tightly between 1981 and 1986, meaning most homes are approaching or past the four-decade mark. That makes questions about roof age, HVAC replacement, plumbing, and electrical updates central to any offer here, since the original systems in a home this age have typically already been through at least one replacement cycle, or are due for one.

There is no community amenity package identified in current MLS listings, so this is a neighborhood you buy for the house and the location, not for a clubhouse or shared recreational facility. The high homestead share suggests a base of owners who have stayed put, which can mean well-kept individual lots even without formal HOA enforcement, but it also means a buyer should evaluate each home on its own condition rather than assume neighborhood-wide upkeep standards.

In a small, low-turnover community like this, the right agent matters more than usual: we track every listing that hits Leesburg Terrace Green as it happens, and we know how to evaluate a 1980s-era home for the deferred maintenance items that actually move price, not just curb appeal.

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