Lexington Vlg Ph I
Homes for Sale in Groveland, FL
True comps, carrying-cost math, and listings before the portals.
Lexington Vlg Ph I is a tight, built-out pocket in Groveland — 227 homes that went up between 2004 and 2007, with a median living area right around 1,808 square feet. That construction window matters: what sets price here is condition, not floor plan novelty. Two homes of similar size can trade well apart depending on roof age, HVAC, and how much updating the current owner did. There is no new inventory diluting the supply, so the story is about how well each individual house has aged.
With a homestead share near 60%, this leans owner-occupied rather than rental-heavy, which tends to mean better-maintained exteriors and slower, steadier turnover. For a seller, that means the buyer pool is comparing your home against a limited set of nearby resales — presentation and mechanicals decide who wins. For a buyer, patience pays: the right listing may not appear every week, so be ready to move when a well-kept one does.
Who Lexington Vlg Ph I is best for.
Best for
- Buyers seeking a settled, single-vintage Groveland community and willing to wait for the right resale
- Value-minded buyers who will trade cosmetic dating for a home with already-replaced roof and systems
- Owner-occupants prioritizing a practical footprint around 1,800 square feet over size
Probably not for
- Buyers set on new construction or the latest floor plans
- Those needing substantially larger square footage than the community's median
- Buyers who want many active listings to choose from and a quick close
The market around Lexington Vlg Ph I
Lexington Vlg Ph I is a small community — 9 recorded sales on file, most recently in 2014 — 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 Vlg Ph I specifically. Momentum Research analysis of MLS records.
The Lexington Vlg Ph I buying strategy.
If we were buying in Lexington Vlg Ph I today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Vlg Ph I.
A one-vintage resale market
Everything here was built inside a three-year span, so the homes share the same era of construction and, broadly, the same aging curve. That makes comparables cleaner than in a mixed-age subdivision, but it also concentrates the risk: components installed in the mid-2000s — roofs, water heaters, air handlers — are at the age where they either have been replaced or are due. The median living size near 1,808 square feet points to a practical, single-story-oriented product rather than a wide spread of estate sizes.
Because inventory is capped at 227 homes and turnover skews slow, pricing is driven by the specifics of each house far more than by any neighborhood-wide trend. Ask us to walk you through what has actually closed nearby and, just as important, what has already been updated behind the drywall. That is where the real value gap lives.
The location and the amenities are priced into every listing in Lexington Vlg Ph I. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a small, owner-occupied community where listings appear on their own schedule, local read matters more than any dashboard. We track what has genuinely sold, we know which mid-2000s systems tend to need attention, and we will tell you plainly whether a given home is priced for its condition. That candor is the point — we would rather lose a deal than talk you into the wrong one.
Lexington Vlg Ph I in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Lexington Vlg Ph I buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Lexington Vlg Ph I sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lexington Vlg Ph I, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lexington Vlg Ph I home worth?
Get a no-obligation home value based on real comparable sales in Lexington Vlg Ph I, 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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Frequently Asked Questions
How many homes are in Lexington Vlg Ph I?
What share of Lexington Vlg Ph I is owner-occupied?
When were the homes in Lexington Vlg Ph I built?
Who is the best real estate agent for Lexington Vlg Ph I?
How do I find a top Groveland real estate agent who knows Lexington Vlg Ph I?
Can Momentum Realty connect me with an agent for Lexington Vlg Ph I?
Should you buy in Lexington Vlg Ph I?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (3 streets, ZIP 34736)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2011 (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.
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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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