Lexington Village Ph 01
Homes for Sale in Groveland, FL

Community in Groveland · Lake County
220 homesBuilt 2004–2007
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Built fromLive Stellar MLS data10 years of closingsFL DOR public recordsUpdated twice daily
Live · Lexington Village Ph 01 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Ownership and context
60%
Owner-occupied · Lexington Village Ph 01
131 of 220 parcels homesteaded (FL DOR 2025)
40%
Non-owner-occupied · Lexington Village Ph 01
incl. 12% trust or LLC-held · 16% out-of-state
220
Homes in the community
220 residential parcels (FL DOR 2025)
Track record · 10 years of records
Est. 2004
Community established
homes built 2004-2007, median 2005 (FL DOR 2025)
1
Failed listings · 2026
peaked at 1 in 2026
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Lexington Village Ph 01 is a tight-band community: every home was built within a few years of each other in the mid-2000s, so the usual driver of price spread in older subdivisions — decades of renovation gaps — mostly isn't in play here. What separates one listing from another is condition, updates since original construction, and lot specifics, not era of construction.

With 220 homes and roughly 60% carrying a homestead exemption, a solid majority of owners are long-term occupants rather than short-term investors, which tends to produce a steadier, less listing-heavy resale flow than a community with a lot of rotating rental or investor-owned stock.

Best for

  • Buyers who want a single-era subdivision without the guesswork of mixed-vintage construction
  • Buyers prioritizing home and lot fundamentals over community clubhouse or pool access
  • Buyers comfortable evaluating condition and updates as the main value variable, since build years cluster tightly

Probably not for

  • Buyers who want a community built around active shared amenities like a pool or clubhouse
  • Buyers seeking the widest possible range of architectural eras and price points in one subdivision
  • Investors expecting a heavily rental-weighted resale market, given the majority-homestead ownership base

The market around Lexington Village Ph 01

Lexington Village Ph 01 is a small community — 1 recorded sale 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 Lexington Village Ph 01 specifically. Momentum Research analysis of MLS records.

If we were buying in Lexington Village Ph 01 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 Lexington Village Ph 01.

Best Buy
Buyers who want a consistent build era and a straightforward residential subdivision without shared amenity overhead.
Biggest Risk
With no clubhouse, pool, or shared recreation space identified, this isn't a community that trades on lifestyle amenities.
Sweet Spot
Homes near the median size (around 1,800 square feet) that have kept pace with updates since original construction.
Avoid If
You're specifically shopping for a community with active shared amenities — none are identified here.

One build era, one kind of decision

Because every home in Lexington Village Ph 01 dates to the same narrow construction window (2004-2007), buyers aren't choosing between a decades-old original and a recent rebuild — they're choosing between similarly-aged homes that have or haven't been updated since. That makes condition and maintenance history the central negotiating point on almost every listing here, more so than square footage or floor plan differences.

No community amenities are identified in current MLS listings for this subdivision, so this isn't a community where a clubhouse, pool, or shared recreation space factors into value or lifestyle. Buyers should treat it as a straightforward residential subdivision and evaluate it on the home and lot alone, not on shared infrastructure.

The location and the amenities are priced into every listing in Lexington Village Ph 01. 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 single-era community like this, the difference between a fair offer and an overpay usually comes down to reading condition and update history correctly — not chasing a listing price. We walk every comparable with that lens before we advise a number, on either side of the transaction.

Lexington Village Ph 01 in 15 seconds.

Best forBuyers who want a consistent build era and a straightforward residential subdivision without shared amenity overhead.
Biggest advantageA majority owner-occupied base tends to mean steadier resale flow than investor-heavy communities.
Biggest riskWith no clubhouse, pool, or shared recreation space identified, this isn't a community that trades on lifestyle amenities.
Sweet spotHomes near the median size (around 1,800 square feet) that have kept pace with updates since original construction.
Avoid ifYou're specifically shopping for a community with active shared amenities — none are identified here.

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 Lexington Village Ph 01 sales matched to your home.

What is your Lexington Village Ph 01 home worth?

Get a no-obligation home value based on real comparable sales in Lexington Village Ph 01, 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 Lexington Village Ph 01?
The Florida DOR 2025 assessment roll shows 220 homes in Lexington Village Ph 01 (public records).
What share of Lexington Village Ph 01 is owner-occupied?
60% of Lexington Village Ph 01 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Lexington Village Ph 01 built?
Homes in Lexington Village Ph 01 were built between 2004 and 2007, with a median year built of 2005.0 (FL DOR 2025 roll).
Who is the best real estate agent for Lexington Village Ph 01?
The best agent for Lexington Village Ph 01 is one who actively works Groveland 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 Lexington Village Ph 01.
How do I find a top Groveland real estate agent who knows Lexington Village Ph 01?
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 Lexington Village Ph 01 and the wider Groveland area.
Can Momentum Realty connect me with an agent for Lexington Village Ph 01?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Lexington Village Ph 01 purchase or sale - no call center and no pressure.
Buyers who want a single-era subdivision without the guesswork of mixed-vintage constructionExcellent fit
Buyers prioritizing home and lot fundamentals over community clubhouse or pool accessExcellent fit
Buyers comfortable evaluating condition and updates as the main value variable, since build years cluster tightlyExcellent fit
Buyers who want a community built around active shared amenities like a pool or clubhouseProbably not
Buyers seeking the widest possible range of architectural eras and price points in one subdivisionProbably not
Investors expecting a heavily rental-weighted resale market, given the majority-homestead ownership baseProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 34736))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2016 (2 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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